Ziyang Ceramics

gehandelt wird ??

Umsatz: 43 Mio Dollar Gewinn: 11 Mio Dollar Gewinn je Aktie 1,08 $ Kurs am 05.04.2012 = 3,00 Dollar = KGV 3 !!!! Denke da wird in 2012 bald die Post abgehen mit der Aktie !

10 Mio Shares ausstehend - Gewinn je Aktie in 2011 = 1,08 $ !!!! Mein Kursziel liegt bei mind. 20-30 Dollar die nächsten Monate! Werde - sobald der Umsatz in der Aktie ein wenig anzieht - nachkaufen. Bin gespannt - wo wir in 12 Monaten beim Kurs stehen........ GoldenStock ZHUCHENG, CHINA--(Marketwire -03/29/12)- Ziyang Ceramics Corporation (OTC.BB: ZYCI.OB - News), a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the year ended December 31, 2011. Revenue reached $43.1 million in 2011, up 38.7% from the $31.1 million recorded in 2010 Operating Income reached $13.1 million, up 45.2% from the $9.0 million recorded in 2010 Net Income for 2011 reached $10.8 million, up 49.1% from Net Income of $7.3 million recorded in 2010 Financial Highlights For the full year of 2011, total revenues were $43.1 million, up 38.7% from the $31.1 million recorded in 2010. The increase in revenue was largely driven by a shift in sales mix toward our higher priced premium polycrystalline porcelain floor tiles introduced late in 2010 coupled with the launch of our new interior wall tile series in August of 2011. Gross profit rose by 36.5% to $14.8 million in 2011 compared to gross profit of $10.9 million achieved in 2010. Gross profit margin for 2011 was 34.4% compared to 34.9% in 2010 reflecting higher costs associated with the launch of the new interior wall tile series. Total operating expenses for the full year of 2011 were $1.7 million, down 6.6% from $1.8 million recorded in 2010. The decrease is primarily attributable to $0.3 million reduction in retirement insurance expense, partially offset by $0.1 million increase in salaries and selling expenses. For the full year of 2011 net income increased 49.1% to $10.8 million with 844,360 weighted average basic and diluted shares outstanding. This compares to net income of $7.3 million with 590,035 weighted average basic and diluted shares outstanding recorded in the same period in 2010. In January of 2012 the conditions were met for full conversion of two promissory notes into common stock of the company which will result in the issuance of approximately 8.9 million common shares. We issued these promissory notes in connection with our acquisition of Ziyang Ceramic Company Limited. After the issuance of the 8.9 million shares, we will have approximately 10 million common shares outstanding. If these shares are taken into account, our earnings per share would have been approximately $1.08 on 10 million common shares. Balance Sheet At December 31, 2011, total cash was $5.9 million, an increase of 21.0% from $4.9 million in total cash at December 31, 2010. Current assets were $14.2 million at December 31, 2011 compared to current assets of $11.0 million at December 31, 2010. Total shareholder equity increased to $21.7 million, up 63.4% compared to shareholder equity of $13.3 million at December 31, 2010. Commenting on the financial results for the full year of 2011, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "2011 was a year of significant growth and change for our company. In addition to achieving strong top and bottom line performance, we completed the launch of a new interior wall tile series to help set the stage for future growth. We are confident that as we head into 2012 we are well positioned to continue our growth with our growing distribution base and our product roadmap. We look forward to improving on our 2011 performance as we look to maximize the value of our company for the benefit of our stockholders." About Ziyang Ceramics Corporation Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com. ZIYANG CERAMICS CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS December 31, December 31, 2011 2010 ------------- ------------- ASSETS CURRENT ASSETS: Cash $ 5,871,256 $ 4,851,436 Notes receivable 1,728,340 Accounts receivable 554,744 455,004 Inventories, net 2,629,125 2,550,636 Loan receivable 3,148,466 3,085,393 Prepaid expenses and other current assets 214,977 56,854 Total Current Assets 14,146,908 10,999,323 Restricted cash 544,481 Property and equipment, net 16,067,234 10,536,945 Long term prepaid expenses 2,796,828 2,760,746 Other long term assets 236,181 172,864 Total Assets $ 33,247,151 $ 25,014,359 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Loans payable-short term $ 5,588,527 $ 8,091,594 Notes payable 544,481 Notes payable-related party 1,007,420 Accounts payable and accrued expenses 2,004,573 1,480,395 Other payables 1,229,326 753,002 Advances from customers 332,495 255,448 Due to related party 559,325 Taxes payable 525,851 357,874 Derivative liability 24,777 Total Current Liabilities 11,272,294 11,482,794 Loans payable-long term 236,135 226,867 Total Liabilities 11,508,429 11,709,661 SHAREHOLDERS' EQUITY: Ziyang Ceramics Corporation Shareholders' equity Common stock, $.001 par value, 500,000,000 shares authorized; 1,091,812 and 590,035 shares issued and outstanding at December 31, 2011 and 2010 1,092 590 Additional paid-in capital 7,320,512 7,294,207 Retained earnings 13,326,323 5,540,770 Other comprehensive income 1,090,795 469,131 Total Shareholders' Equity 21,738,722 13,304,698 Total Liabilities and Shareholders' Equity $ 33,247,151 $ 25,014,359 ============= ============= ZIYANG CERAMICS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended Year Ended December 31, December 31, 2011 2010 Net revenues $ 43,147,159 $ 31,101,051 Cost of revenues 28,313,055 20,234,098 Gross Profit 14,834,104 10,866,953 Operating expenses: Selling expenses 212,508 171,631 General and administrative expenses 1,486,358 1,646,333 Total operating expenses 1,698,866 1,817,964 Operating income (loss) 13,135,238 9,048,989 Other (expenses) income: Interest income 403,091 79,844 Interest expense (579,608) (407,031) Interest expense - related party (20,149) Gain from change in fair value of derivative liability 120,625 - Other expense (49,253) (939) Total other expenses (125,294) (328,126) Income (loss) before income taxes 13,009,944 8,720,863 Income taxes 2,175,118 1,452,993 Net Income $ 10,834,826 $ 7,267,870 Comprehensive Income: Net Income $ 10,834,826 $ 7,267,870 Foreign currency translation gain 621,664 439,537 Comprehensive Income $ 11,456,490 $ 7,707,407 Basic and diluted net income per common share: $ 12.83 $ 12.32 Weighted average common shares outstanding - basic and diluted 844,360 590,035 Safe Harbor Statement Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the growth of our sales and distribution network and our expectations regarding new product development, revenues and earnings. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011. Contact: Ziyang Ceramics Corporation U.S. Representative Pearl Group Advisors Dore Perler Tel: (954) 232-5363 Email: Dore@PearlGroupAdvisors.com

der Handel mit dem Neuen Tickersymbol in USA wieder fortgesetzt werden. Sobald es los geht - und mit dem 1. Kurs - meld ich mich wieder. Ich hoff mal , das wir mit 5-6 Dollar + x eröffnen werden...... Wir werden sehen. Bis denn. GoldenStock