Fundies.
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Longhai Steel Inc.

EDGAR
Quarterly report (10-Q) · filed 2012-11-14

29 filing records in this dataset, filed from 2007-05-15 to 2012-11-14. Explore the available filing history and original sources.

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Watchlist

Latest quarter

Revenue

119 million USD

2011-09-30 · USD

Exact inputs and evidence

Operating margin

1.73%

2011-09-30 · %

Exact inputs and evidence
  • Operating Income: 2052971 USD Source
  • Revenue: 118760655 USD Source

Operating cash flow

-16.3 million USD

2011-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: 4512258 USD Source
  • Operating Cash Flow: 20792629 USD Source
Cash and cash equivalents
1.39 million USD Source
Exact value

1393274 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

555 million USD

2010-10-01 – 2011-09-30

Exact inputs and evidence
  • Revenue: 475022529 USD · 2010-01-01 – 2010-12-31 Source
  • Revenue: 330483572 USD · 2010-01-01 – 2010-09-30 Source
  • Revenue: 126315862 USD · 2011-01-01 – 2011-03-31 Source
  • Revenue: 165698776 USD · 2011-04-01 – 2011-06-30 Source
  • Revenue: 118760655 USD · 2011-07-01 – 2011-09-30 Source

Net income

9.32 million USD

2010-10-01 – 2011-09-30

Exact inputs and evidence
  • Net income: 11335663 USD · 2010-01-01 – 2010-12-31 Source
  • Net income: 6694902 USD · 2010-01-01 – 2010-09-30 Source
  • Net income: 1913669 USD · 2011-01-01 – 2011-03-31 Source
  • Net income: 1786568 USD · 2011-04-01 – 2011-06-30 Source
  • Net income: 979148 USD · 2011-07-01 – 2011-09-30 Source

Operating cash flow

3.56 million USD

2010-10-01 – 2011-09-30

Exact inputs and evidence
  • Operating cash flow: -40692431 USD · 2010-01-01 – 2010-12-31 Source
  • Operating cash flow: -39738761 USD · 2010-01-01 – 2010-09-30 Source
  • Operating cash flow: 15423115 USD · 2011-01-01 – 2011-03-31 Source
  • Operating cash flow: 20792629 USD · 2011-01-01 – 2011-06-30 Source
  • Operating cash flow: 15423115 USD · 2011-01-01 – 2011-03-31 Source
  • Operating cash flow: 4512258 USD · 2011-01-01 – 2011-09-30 Source
  • Operating cash flow: 20792629 USD · 2011-01-01 – 2011-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2012-11-14.

Financial data available through: 2010-12-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2010-12-31
  • Operating income: 4 of 11 periods available· newest 2010-12-31
  • Net income: 4 of 11 periods available· newest 2010-12-31
  • Operating cash flow: 4 of 11 periods available· newest 2010-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2009-12-31
  • Total assets: 2 of 11 periods available· newest 2010-12-31
  • Total liabilities: 2 of 11 periods available· newest 2010-12-31
  • Current assets: 2 of 11 periods available· newest 2010-12-31
  • Current liabilities: 2 of 11 periods available· newest 2010-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2010-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +27.1%

    Prior period

    USD 373.66 million

    –

    Current period

    USD 475.02 million

    –

    Exact inputs and evidence

    475022529 − 373660461 = 101362068 USD

    373660461 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    475022529 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
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  • Net income

    -3.1%

    Prior period

    USD 11.7 million

    –

    Current period

    USD 11.34 million

    –

    Exact inputs and evidence

    11335663 − 11697610 = -361947 USD

    11697610 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    11335663 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
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  • Operating cash flow

    -232.2%

    Prior period

    USD 30.78 million

    –

    Current period

    −USD 40.69 million

    –

    Exact inputs and evidence

    -40692431 − 30776570 = -71469001 USD

    30776570 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    -40692431 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2010 2010-01-01 – 2010-12-31

  • Revenue USD 475.02 million 100% of revenue
  • Operating costs Derived USD 458.85 million 97% of revenue
  • Operating income USD 16.17 million 3.4% of revenue
  • Tax, interest and other Derived USD 4.83 million 1% of revenue
  • Net income USD 11.34 million 2.4% of revenue

Cash

  • Operating cash flow −USD 40.69 million −8.6% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2009 96%
  • 2010 97%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2009 2009-01-01 – 2009-12-31373660461 357947057 Derived 15713404 4015794 Derived 11697610 30776570 Derived
Source
2010 2010-01-01 – 2010-12-31475022529 458854221 Derived 16168308 4832645 Derived 11335663 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 475M 2010
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.513.0M384.8M256.5M128.3M0.020092010
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Revenue373660461
2010Revenue475022529

Revenue growth

Change in revenue from the same financial period one year earlier.

27.1% 2010
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29.3%22.0%14.6%7.3%0.0%20092010
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2009Year over yearNo prior comparable period
2010Year over year27.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 3.4% 2010
Net margin 2.4% 2010
Free cash flow margin 8.2% 2009
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.9%6.7%4.4%2.2%0.0%20092010
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2009Operating margin4.2%
2010Operating margin3.4%
2009Net margin3.1%
2010Net margin2.4%
2009Free cash flow margin8.2%
2010Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -40.7M 2010
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.36.5M15.8M-5.0M-25.7M-46.4M20092010
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Operating cash flow30776570
2010Operating cash flow-40692431

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 30.8M 2009
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.33.2M24.9M16.6M8.3M0.020092010
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Free cash flow30776570
2010Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

43.2% 2010
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.70%53%35%18%0%20092010
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2009Liabilities / assets65%
2010Liabilities / assets43.2%

Current assets to current liabilities

Current assets divided by current liabilities.

1.59× 2010
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.72×1.29×0.86×0.43×0.00×20092010
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2009Current assets / current liabilities1.08×
2010Current assets / current liabilities1.59×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2007 2007-01-01 – 2007-12-31
−USD 18,875
Exact value

Exact value: -18875 USD

2007-01-01 – 2007-12-31: -18875 USD Inspect Net Income Open source
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−USD 11,431
Exact value

Exact value: -11431 USD

2007-01-01 – 2007-12-31: -11431 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2007-01-01 – 2007-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 11,431
Calculation and evidence

-11431 − 0 USD

Exact free cash flow: -11431 USD

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2008 2008-01-01 – 2008-12-31
−USD 14,577
Exact value

Exact value: -14577 USD

2008-01-01 – 2008-12-31: -14577 USD Inspect Net Income Open source
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−USD 21,308
Exact value

Exact value: -21308 USD

2008-01-01 – 2008-12-31: -21308 USD Inspect Operating Cash Flow Open source
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USD 1,273
Exact value

Exact value: 1273 USD

2008-01-01 – 2008-12-31: 1273 USD Inspect Capital Expenditure Open source
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−USD 22,581
Calculation and evidence

-21308 − 1273 USD

Exact free cash flow: -22581 USD

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2009 2009-01-01 – 2009-12-31
USD 11.7 million
Exact value

Exact value: 11697610 USD

2009-01-01 – 2009-12-31: 11697610 USD Inspect Net Income Open source
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USD 30.78 million
Exact value

Exact value: 30776570 USD

2009-01-01 – 2009-12-31: 30776570 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2009-01-01 – 2009-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 30.78 million
Calculation and evidence

30776570 − 0 USD

Exact free cash flow: 30776570 USD

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2010 2010-01-01 – 2010-12-31
USD 11.34 million
Exact value

Exact value: 11335663 USD

2010-01-01 – 2010-12-31: 11335663 USD Inspect Net Income Open source
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−USD 40.69 million
Exact value

Exact value: -40692431 USD

2010-01-01 – 2010-12-31: -40692431 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

29 filings · 0 latest values · 0 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001296286, 1296286, edgar:1296286

Also known as Action Industries, Inc.