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ggb444 6 posts  |  Last Activity: Aug 14, 2014 11:12 AM Member since: Apr 1, 2011
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  • E-Commerce China Dangdang 2Q Adj EPS $0.06 DANG

    Aug 14, 2014 04:00:00 (ET)

    Dangdang Announces Second Quarter 2014 Results

    Operating income reached RMB14.6 million and net income rose to RMB28.8 million

    Total net revenue up 31.3% year-over-year and marketplace GMV up 81.6% year-over-year

    PR Newswire

    BEIJING, Aug. 14, 2014

    BEIJING, Aug. 14, 2014 /PRNewswire/ -- E-Commerce China Dangdang Inc. ("Dangdang" or the "Company") (NYSE: DANG), a leading business-to-consumer e-commerce company in China, today announced its unaudited financial results for the second quarter ended June 30, 2014.

    Second Quarter 2014 Highlights
    -- Gross Merchandise Value ("GMV") from the marketplace in the second
    quarter of 2014 was RMB1,431.4 million ($230.7 million), an 81.6%
    increase from the corresponding period in 2013. Total net revenues for
    the second quarter of 2014 were RMB1,960.8 million ($316.1 million), a
    31.3% increase from the corresponding period in 2013. The combination of
    product revenue from principal business and GMV from the marketplace
    reached RMB3,311.7 million ($533.8 million) and grew 49.3% year over
    year.

    -- Operating income for the second quarter of 2014 was RMB14.6 million ($2.4
    million) representing 0.7% of total net revenues, as compared with an
    operating loss of RMB78.9 million in the second quarter of 2013,
    representing negative 5.3% of total net revenues. Non-GAAP operating
    income for the second quarter of 2014 was RMB17.5 million ($2.8 million)
    representing 0.9% of total net revenues, as compared with a non-GAAP
    operating loss of RMB76.3 million in the second quarter of 2013,
    representing negative 5.1% of total net revenues.

    -- Net Income for the second quarter of 2014 was RMB28.8 million ($4.6
    million), representing 1.5% of total net revenues, as compared with a net
    loss of RMB63.9 million in the

  • ggb444 ggb444 Aug 9, 2014 5:44 PM Flag

    All the upgrading they have been doing isn't free!! It could have a significant impact on EPS & profits!! Hopefully they can post better than last qtr. and be able to provide excellent fore ward revenue guidance!!!

    Sentiment: Strong Buy

  • ggb444 by ggb444 Jul 24, 2014 9:24 AM Flag

    Gio you have proven yourself to be a LIAR(at least, the no post bet). We are not interested in hearing of your bragging and trophies!! Next month(your bet), if you have valid info on DANG I'm all ears! Otherwise do your bragging elsewhere!!

  • ggb444 ggb444 Jul 22, 2014 2:20 PM Flag

    Great challenge!! Although, I suspect you are very long yourself!!

    Sentiment: Strong Buy

  • Reply to

    13 close would be nice :)

    by turnqj Jun 26, 2014 3:48 PM
    ggb444 ggb444 Jun 26, 2014 3:55 PM Flag

    Looks like you are going to get your wish!!! Maybe Gio will cover his shorts at the last minute!!

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