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2Q 2017 , THE GROUP IS OPERATING IN A NET CASH POSITION OF RMB 36.5 MILLION
Stock price down due to expected delay in production hence affecting profitability this quarter but once production is rammed up in Q3
The future is BRIGHT!
Scoop up when cheap !
The future is BRIGHT!
Scoop up when cheap !
AT CURRENT ROCK BOTTOM PRICE OF 8.3c
THE FUTURE PRODUCTS DISTRIBUTION IN WALmart CHINA IS PROMISING !!
THE FUTURE PRODUCTS DISTRIBUTION IN WALmart CHINA IS PROMISING !!
BASED ON THE LAST REPORTED RESULT ON SGX
TOTAL ASSETS : $97.71 MILLION
CASH and ST INVESTMENT : $25.77 MILLION
TOTAL DEBT : $2.66 MILLION ONLY
EBITDA : $21.06 MILLION
TOTAL REVENUE : %99.54 MILLION
PRICE / BOOK VALUE : 0.25 x
TOTAL ASSETS : $97.71 MILLION
CASH and ST INVESTMENT : $25.77 MILLION
TOTAL DEBT : $2.66 MILLION ONLY
EBITDA : $21.06 MILLION
TOTAL REVENUE : %99.54 MILLION
PRICE / BOOK VALUE : 0.25 x
CHINA STAR FOOD' s expansion strategy may be summed up in the following areas.
- Exciting product pipeline
- More sales promotion and advertising
- New distribution channels
- Expansion in production capacity
- Reliable supply of quality raw sweet potatoes
LEVERAGING ON the intrinsic sweetness of the humble sweet potato, Fujian snack manufacturer, China Star Food Group, has dramatically cut down the amount of refined sugar in its convenience snacks.
The Group' s brand reputation and earnings grew as health-conscious consumers loved the way it preserved the nutritional value of the root vegetable. For example, its products has won numerous awards. Net profit from its food manufacturing business segment also multiplied more than sixfold in the 3 years from FY2012 to FY2015 to Rmb 93.4 million (year end 31 March). This represents a CAGR of a whopping 87%.
" Convenience foods that promote health are gaining market share from junk food in China because consumers there are becoming very health savvy," said CEO Liang Cheng Wang during an exclusive interview with NextInsight.
The Group' s brand reputation and earnings grew as health-conscious consumers loved the way it preserved the nutritional value of the root vegetable. For example, its products has won numerous awards. Net profit from its food manufacturing business segment also multiplied more than sixfold in the 3 years from FY2012 to FY2015 to Rmb 93.4 million (year end 31 March). This represents a CAGR of a whopping 87%.
" Convenience foods that promote health are gaining market share from junk food in China because consumers there are becoming very health savvy," said CEO Liang Cheng Wang during an exclusive interview with NextInsight.