U.S. Markets open in 4 hrs 37 mins

Wired News - Renmin Tianli Concludes Acquisition of Equity Interest in Bamboo Cultivation and Processing Business in Chongqing

Stock Monitor: Industrias Bachoco Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 4, 2018 / If you want access to our free research report on Renmin Tianli Group, Inc. (NASDAQ: ABAC) all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ABAC as the Company's latest news hit the wire. On May 2, 2018, the Company, which was previously known as Aoxin Tianli Group Inc., and is in the business of producing breeder hogs, market hogs, and black hogs, as well as specialty processed black hog pork products in China, declared that it has completed the acquisition of a 10% equity interest in Youyang County Jinzhu Forestry Development Co. Ltd ("Jinzhu Forestry"), which is a bamboo cultivation and processing facility located in Youyang County, Chongqing, on April 30, 2018. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Industrias Bachoco, S.A.B. de C.V. (NYSE: IBA), which also belongs to the Consumer Goods sector as the Company Renmin Tianli Group. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=IBA

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Renmin Tianli Group most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=ABAC

Jinzhu Forestry to Start Generating Operating Profits in Coming Years

Jinzhu Forestry started its operations in April 2016. At present, the Company operates a bamboo plantation of nearly 3,853.5 mu, or 635 acres, where it plans to set up a bamboo processing facility. Bamboo is a fast-growing plant and is now being widely considered as a substitute for wood in a variety of uses, such as flooring, furniture, and as a construction material. In fact, the Chinese Government also supports bamboo cultivation, especially as the country is trying to expand its forests. Jinzhu Forestry operated slightly below break-even in its first two years, i.e. 2016 and 2017, but is expected to start generating operating profits within the next two years.

Financial Consideration

Renmin Tianli has acquired Jinzhu Forestry for a total consideration of RMB 18 million (or $2.8 million) and 2,000,000 shares of Renmin Tianli's common stock.

As part of the acquisition, Renmin Tianli acquired all of the issued and outstanding capital stock of Chongqing Kangduo Commercial Trade Co. Ltd, which is a private corporation that holds 10% of the outstanding equity of Jinzhu Forestry.

Renmin Tianli Reported Fourth Quarter and Full Fiscal Year 2017 Financial Results
Renmin Tianli shared its financial results on March 27, 2018, for the three- and twelve-month periods ended December 31, 2017.

  • Renmin Tianli's total revenues were $7.31 million in Q4 FY17, up 1.73% from $7.19 million in Q4 FY16. The growth in total revenues was led by an increase in revenues from regular hog sales, partially offset by a decrease in revenues from the black hog program.
  • The Company had a gross margin of 18.3% in Q4 FY17, an increase of 0.6% from 17.7% in Q4 FY16. The Company's operating margin also improved 3.7% to 8.4% in the reported quarter.
  • The Company's net income attributable to common shareholders was $626 million in Q4 FY17 compared to a net loss of $382 million in Q4 FY16.

Stock Performance Snapshot

May 3, 2018 - At Thursday's closing bell, Renmin Tianli Group's stock advanced 2.47%, ending the trading session at $2.42.

Volume traded for the day: 2.35 thousand shares.

Stock performance in the last month – up 5.14%; and past twelve-month period – up 45.24%

After yesterday's close, Renmin Tianli Group's market cap was at $19.59 million.

Price to Earnings (P/E) ratio was at 17.40.

The stock is part of the Consumer Goods sector, categorized under the Farm Products industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors