Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 06, 2015 5:50 PM ET

Electrical Equipment

Company Overview of China Keli Electric Company Ltd

Company Overview

China Keli Electric Company Ltd., through its subsidiaries, designs, develops, manufactures, markets, and installs electrical components and equipment in the People’s Republic of China. The company’s products include pre-assembled mini substations, electrical controllers, pressurized and vacuumed switchgears, and circuit breakers. Its products also comprise auto-control equipments, high voltage complete electric sets, high-power resistors, pre installed transformer stations, cable branch boxes, electricity distribution cabinets, vacuum breakers, load switches, low voltage distribution cabinet series, control series, and outdoor smart column switch series. The company was founded in 1995 and ...

Two Bentall Center

Suite 900

555 Burrard Street

Vancouver, BC V7X 1M8

Canada

Founded in 1995

Phone:

604-893-7007

Key Executives for China Keli Electric Company Ltd

Chief Executive Officer and Director
Age: 34
Chief Financial Officer
Age: 39
Executive Vice President of Finance & Corporate Development, Corporate Secretary, Director and Member of Audit Committee
Age: 67
Compensation as of Fiscal Year 2015.

China Keli Electric Company Ltd Key Developments

China Keli Electric Company Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2015

China Keli Electric Company Ltd. reported earnings results for the third quarter and nine months ended January 31, 2015. For the quarter, the company reported total revenue was $2,735,603, a decrease of 31.0% over third quarter of 2014 of $3,963,605, caused by the fluctuation of installation service. Net loss of $1,027,645 in third quarter of 2015, compared with loss of $363,159 in third quarter of 2014. Basic and diluted loss per share were $0.012, compared with $0.004 in third quarter of 2014. LBITDA was $335,943 in third quarter of 2015, a decrease from $59,261 in third quarter of 2014. The company reported total comprehensive income of $661,866 in third quarter of 2012, compared with total comprehensive income of $839,391 in third quarter of 2014. For the nine months of fiscal 2015, total revenue was $11,447,319, a decrease of 25.1% over $15,289,844 for the comparable nine months period in fiscal 2014. The gross margin was 37.9% in the nine months of fiscal 2015, compared to 30.4% in the comparable period in fiscal 2014, resulting from the reduction of sales of low-margin products. The company recorded a net loss of $498,616 in the first nine months of fiscal 2015, compared to a net profit of $54,287 in same period in fiscal 2014. The company's working capital increased to $6,637,441 as at January 31, 2015 from $6,604,452 as at April 30, 2014 reflecting positive operating cash flow.

China Keli Electric Company Ltd, Annual General Meeting, Dec 19, 2014

China Keli Electric Company Ltd, Annual General Meeting, Dec 19, 2014., at 11:00 China Standard Time. Location: 32 Jinfeng West Road, Jinding Science and Technology Industry Zone. Agenda: To receive the audited financial statements of the company for the financial year ended April 30, 2014; to set the number of directors of the company at six; to elect Sou Wa Wong, Lou Meng Cheong, Jian Wen Wu, Yan Zhang, Michael Raymont and George Dorin as directors of the company to serve until the close of the next annual meeting of shareholders of the company or until their successors are elected or appointed; to appoint Calvista LLP (formerly Thompson Penner & Lo LLP) as the auditors of the company for the financial year ending April 30, 2015; to authorize the directors of the company to fix the remuneration to be paid to the auditors for the financial year ending April 30, 2015; to consider, and, if deemed appropriate, to pass, an ordinary resolution re-approving the company's Stock Option Plan; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

China Keli Electric Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended January 31, 2014

China Keli Electric Co. Ltd. announced earnings results for the third quarter and nine months ended January 31, 2014. For the third quarter ended January 31, 2014, the company’s total revenue was $4,004,536, an increase of 34.9% over third quarter of 2013 of $2,967,761. Installation service was the key driver of the revenue increase. The company recorded $1,745,446 in installation service revenue, an increase of 221.7% from $542,528 in third quarter of 2013. The revenue increase was driven by ongoing investment in marketing to develop new customers, as well as the success of the company’s product development. The company recorded a loss of $322,228 in third quarter of 2014 compared to loss of $386,691 in third quarter of 2013. The loss decreased by 16.7%. Basic and diluted loss per share were $0.004. Positive EBITDA was $59,261 in third quarter of 2014, which is a significant turnaround from a loss of $260,351 in third quarter of 2013. After accounting for an unrealized foreign exchange translation gain of $1,202,550, the company reported total comprehensive income of $880,322 in third quarter of 2014, compared with total comprehensive loss of $354,364 in third quarter of 2013. For the nine months, the company’s total revenue was $15,384,941, an increase of 25.4% over $12,272,436 for the equivalent nine month period in fiscal year 2013. The company recorded a net profit of $149,384 in the first nine months of fiscal year 2014, more than triple the amount of $46,652 in same period in fiscal year 2013. For the first nine months of fiscal year 2014 comprehensive net income jumped 396.2% over the same period in fiscal year 2013.

Similar Private Companies By Industry

Company Name Region
Bathium Canada Inc. Americas
General Electric Canada Company Americas
Areva T & D Canada, Inc. Americas
Delstar Energie Inc. Americas
Mercury Energy Corp. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact China Keli Electric Company Ltd, please visit www.zkl.cc. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.