Thu, Apr 24, 2014, 4:35 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Longwei Petroleum Investment Holding Limited Message Board

  • unemon1 unemon1 Nov 22, 2012 12:58 PM Flag

    LPH Revenues

    2011 was for Coal Copanies in china one year of decreasing demand ... but again LPH was able to increase its revenue from Industrial Users, Coal Operations & Power Generation sales by about 8.12%

    ... that's impressive!! ... smart ppl managing the business there ...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Fiscal year ending June 30, 2011 compared to Fiscal year ending 2010 did show increased revenues as a result of the following: (1) trending increase in oil prices; (2) acqusition of Gujiao facility which caused the first half of FY 2010 to be much lower in sales and FY 2011 to have much higher sales; and (3) LPH relative customer makeup shifting more towards growth in sales to gas stations while at the same time a lower fraction of sales to industrial users, which made up the difference during the industrial slowdown period.

      Point No. 1 demonstrated from Page 29 of the 10K for Fiscal Year Ending June 30, 2011:
      As oil prices were rising, LPH profit margins were rising, & higher profit per mt. in 2011 vs 2010.

      Item Description________9/09Q__12/09Q__3/10Q__6/10Q__9/10Q__12/10Q__3/11Q__6/11Q
      Avg. Selling Price/mt____$769____$821___$854___$885____$903___$967___$1057__$1173
      Avg. Cost /metric ton____$656____$696___$719___$747____$766___$816____$882___$967
      Gross profit/metric ton___$113____$125___$135___$138____$137___$151____$175___$206
      Gross profit margin (%)___14.7%__15.2%__15.8%__15.6%__15.2%__15.6%___16.6%__17.6%

      Point No. 2 demonstrated from Page 29 of the 10K for Fiscal Year Ending June 30, 2011:
      From 12/30/09 through 3/31/11, Gujiao operation and sales were ramping up, leading to higher volume of sales for fiscal year ending 6/30/11 versus 6/30/10, although the trend was reduced by a 10% falloff in Taiyuan in last 2 quarters of fiscal year 2011 caused by economic slowdown.

      Item Description__________9/09Q__12/09Q__3/10Q__6/10Q__9/10Q__12/10Q__3/11Q__6/11Q
      Taiyuan volume sold-mt_____73k_____72k____75k____75k____73k_____72k____60k____61k
      Gujiao volume sold -mt______0k_____10k_____33k____48k____46k_____47k____48k____42k
      Total volume sold --- mt_____73k____82k____108k___123k___119k____118k___108k___104k

      Point No. 3 demonstrated from Page 28 of 10K for fiscal year ending 06/30/11:
      There was a falloff of industrial sales as a percent of total sales in 2011 due to the economic slowdown, but it was more than balanced by increased sales to small gas stations:

      Item Description__________________________2011____2010
      Industrial Users - Coal & Power Plants_________50%____55%
      Large-Scale Gas Stations___________________34%____35%
      Small, Independent Gas Stations_____________16%____10%

      Sentiment: Strong Buy

 
LPIH
0.08+0.01(+14.29%)Apr 24 3:28 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.