China Financial Results 13/11/13 – Sina, Tencent, Sinovac, Noble Group, China Green Agriculture, China Lodging Group

China Lodging Group, Limited Reports Third Quarter of 2013 Financial Results – Bloomberg

A total of 1,341 hotels or 144,494 hotel rooms in operation as of  September 30, 2013
  • Net revenues totaled RMB1,146.7 million (US$187.4 million) ^1 for the third quarter of 2013, an increase of 28.3% year-over-year, exceeding the  high end of previously announced guidance.
  • Net income attributable to China Lodging Group was RMB124.9 million  (US$20.4 million) for the third quarter of 2013, an increase of 30.4%  year-over-year. Excluding share-based compensation expenses, adjusted net  income attributable to the Company (non-GAAP) was RMB133.8 million (US$21.9 million) for the third quarter of 2013, an increase of 29.2%  year-over-year.
  • Adjusted operating margin for the third quarter of 2013 was 15.7%, improving from 14.3% in the same period of 2012.
  • Diluted earnings per ADS^2 were RMB2.00 (US$0.33) for the third quarter of  2013. Excluding share-based compensation expenses, adjusted diluted  earnings per ADS (non-GAAP) was RMB2.14 (US$0.35) for the third quarter of  2013, an increase of 28.1% year-over-year.
  • China Lodging Group expects Q4 net revenues growth of 24% to 26%.

SINA Reports Third Quarter 2013 Financial Results – Bloomberg

Highlights for the Nine Months Ended September 30, 2013
  • Net revenues increased 20% year over year to $468.1 million.  Non-GAAP net  revenues increased 21% year over year to $454.0 million.
  • Advertising revenues grew 21% year over year to $366.4 million.
  • Non-advertising revenues increased 16% year over year to $101.7 million. Non-GAAP non-advertising revenues increased 19% year over year to $87.6  million.
  • Net income attributable to SINA was $0.7 million, or less than $0.01 diluted net loss per share attributable to SINA. Non-GAAP net income attributable to SINA was $44.3 million, compared to $1.4 million for the  same period last year. Non-GAAP diluted net income per share attributable  to SINA was $0.65, compared to $0.01 for the same period last year.

Sinovac Reports Unaudited Third Quarter 2013 Financial Results – Bloomberg

  • Total quarterly sales increased by 54.5% to $22.1 million from $14.3  million. Excluding $3.6 million of H5N1 vaccine revenue recognized in the  third quarter of 2013, the sales from regular products increased by 29.5%  to $18.5 million from $14.3 million.
  • Gross profit increased by 111.7% to $15.9 million from $7.5 million. Gross  margin was 72.1%, compared to 52.6%.
  • Net income attributable to common stockholders was $2.3 million, or $0.04  per basic and diluted share, compared to net loss attributed to common  stockholders of $3.0 million, or $0.05 per basic and diluted share.
  • Cash and cash equivalents totaled $89.0 million as of September 30, 2013,  compared to $91.2 million as of December 31, 2012.

Tencent Holdings Ltd : Tencent Net Profit Rises 20% On Gaming Revenue Jump | 4-Traders

Tencent said WeChat now has 272 million monthly active users and it will continue to introduce new self-developed and third-party games into its WeChat and mobile QQ chat applications.

Net profit for the three months ended Sept. 30 rose to CNY3.87 billion ($631 million) from CNY3.22 billion a year earlier. The result was worse than the average CNY3.93 billion net profit forecast of nine analysts polled by Thomson Reuters.

Revenue rose 34% to CNY15.54 billion from CNY11.57 billion, in line with the CNY15.54 billion forecast in the poll.

NOBLE GROUP LTD (NOBGF): Noble Group’s CEO Discusses Q3 2013 Results – Earnings Call Transcript – Seeking Alpha

Noble Group Ltd. (OTC:NOBGF) Q3 2013 Earnings Call November 12, 2013 5:30 AM ET

China Green Agriculture, Inc. Reports the Financial Results for the First Quarter of Fiscal Year 2014 – Bloomberg

  • First Quarter of FY 2014 net sales increased 27.3% to $50.3 million, net  income increased 17.1% to $10.4 million with EPS of $0.35.
  • The Company Provided Second Quarter of Fiscal Year 2014 Guidance Range:  Revenue, Net Income and EPS of between $43 million and $47 million, $4  million and $5 million, and $0.13 and $0.16 based on 31,812,014 number of  fully diluted shares, respectively.
  • The Company Updated Guidance Range of Fiscal Year 2014 as the following:  Revenue, Net Income and EPS of between $220 million and $250 million, $36  million and $38 million, and $1.13 and $1.19 based on 31,812,014 number of  fully diluted shares, respectively.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s