Jade Art Group, Inc. engages in the distribution and sale of raw jade, which serves as decorative construction material for both the commercial and residential markets, and as jewelry. The company is headquartered in New York City, New York and currently employs 35 full-time employees. The company went IPO on 2011-02-23. The firm has formed a wholly owned Chinese subsidiary, JiangXi SheTai Jade Industrial Company Limited, to engage in the sale and distribution of raw jade throughout China. The firm distributes and sells raw jade sourced from the SheTai Jade Mine owned by Wulateqianqi XiKai Mining Co., Ltd. (XiKai Mining). The firm distributed about 7,400 tons of jade during the year ended December 31, 2009. Its major customers include Shenzhen Hongda Artcraft Co., Quanzhou Tianxia Huicui Jade Co., Suzhou Cuiping Jade Co., Putian Licheng Qiyushengshi Co. and Bengbu Huacui Jade Co.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
09/30/2010
06/30/2010
03/31/2010
12/31/2009
09/30/2009
Revenue
18
2
2
5
7
10
Revenue Growth (YoY)
-22%
-80%
100%
25%
40%
43%
Cost of Revenue
4
0
0
1
1
1
Gross Profit
14
1
1
4
6
9
Selling, General & Admin
2
0
0
0
0
0
Research & Development
--
--
--
--
--
--
Operating Expenses
2
0
0
0
0
0
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
12
0
1
4
5
8
Income Tax Expense
3
0
0
1
1
2
Net Income
8
0
1
3
4
6
Net Income Growth
-27%
-100%
--
50%
100%
100%
Shares Outstanding (Diluted)
79.98
79.98
79.98
79.98
79.98
79.98
Shares Change (YoY)
0%
0%
0%
-1%
0%
-1%
EPS (Diluted)
0.1
0
0.01
0.04
0.05
0.07
EPS Growth
-22%
-96%
--
35%
69%
56.99%
Free Cash Flow
11
1
0
5
4
4
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
77.77%
50%
50%
80%
85.71%
90%
Operating Margin
66.66%
0%
50%
80%
71.42%
80%
Profit Margin
44.44%
0%
50%
60%
57.14%
60%
Free Cash Flow Margin
61.11%
50%
0%
100%
57.14%
40%
EBITDA
14
0
1
4
5
8
EBITDA Margin
77.77%
0%
50%
80%
71.42%
80%
D&A For EBITDA
2
0
0
0
0
0
EBIT
12
0
1
4
5
8
EBIT Margin
66.66%
0%
50%
80%
71.42%
80%
Effective Tax Rate
25%
0%
0%
25%
20%
25%
Follow-Up Questions
What are Jadeart Group Inc's key financial statements?
According to the latest financial statement (Form-10K), Jadeart Group Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for JADA?
Jadeart Group Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Jadeart Group Inc's revenue broken down by segment or geography?
Jadeart Group Inc largest revenue segment is Equipment and Other, at a revenue of 10,917,158 in the most earnings release.For geography, United States is the primary market for Jadeart Group Inc, at a revenue of 14,034,542.
Is Jadeart Group Inc profitable?
no, according to the latest financial statements, Jadeart Group Inc has a net loss of $0
Does Jadeart Group Inc have any liabilities?
no, Jadeart Group Inc has liability of 0
How many outstanding shares for Jadeart Group Inc?
Jadeart Group Inc has a total outstanding shares of 0