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


Last $0.04 SGD
Change Today +0.001 / 2.86%
Volume 20.0K
CHFT On Other Exchanges
Symbol
Exchange
Berlin
As of 9:09 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

china fibretech ltd (CHFT) Snapshot

Open
$0.04
Previous Close
$0.04
Day High
$0.04
Day Low
$0.04
52 Week High
07/22/14 - $0.05
52 Week Low
05/2/14 - $0.03
Market Cap
16.2M
Average Volume 10 Days
4.9M
EPS TTM
$0.0040
Shares Outstanding
448.8M
EX-Date
10/29/08
P/E TM
42.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA FIBRETECH LTD (CHFT)

Related News

No related news articles were found.

china fibretech ltd (CHFT) Related Businessweek News

No Related Businessweek News Found

china fibretech ltd (CHFT) Details

China Fibretech Ltd., an investment holding company, provides dyeing and post-processing treatment services for cotton, polyester, and mixed knitted fabrics in the People’s Republic of China. It is involved in the processing, dyeing, and finishing of fabrics; and management of properties. The company’s post-processing treatment imparts special functionalities, such as water and fire-resistance, UV-protection, moisture wicking, anti-static, and antibacterial properties, as well as enables the company to produce velvet and polar fleece fabric. It serves fabric trading companies and garment producers. The company was founded in 1995 and is based in Shishi City, the People’s Republic of China. China Fibretech Ltd. is a subsidiary of Wellgain International Holdings Limited.

Founded in 1995

china fibretech ltd (CHFT) Top Compensated Officers

Founder, Executive Chairman and Chief Executi...
Total Annual Compensation: $120.0K
Chief Operating Officer, Executive Director a...
Total Annual Compensation: $72.0K
Senior Finance Manager
Total Annual Compensation: $68.0K
Deputy General Manager of Sales & Marketing
Total Annual Compensation: $36.0K
Compensation as of Fiscal Year 2013.

china fibretech ltd (CHFT) Key Developments

China Fibretech Ltd. Reports Audited Consolidated Earnings Results for the Full Year Ended December 31, 2014

China Fibretech Ltd. reported audited consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported revenue of RMB 66,000,000 compared to revenue of RMB 75,233,000 for the same period a year ago. Profit before taxation was RMB 9,791,000 compared to RMB 3,030,000 last year. Profit attributable to equity holders of the company was RMB 1,984,000 or 0.4 cents per basic and diluted share compared to RMB 1,731,000 or 0.4 cents per basic and diluted share last year. Net cash generated from operating activities was RMB 858,000 compared to RMB 3,391,000 last year. Acquisition and construction of property, plant and equipment was RMB 4,972,000 compared to RMB 1,886,000 last year. On group basis, net debt was RMB 434,618,000 compared to RMB 387,194,000 last year. On company basis, net debt was RMB 703,000 compared to RMB 639,000 last year.

China Fibretech Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

China Fibretech Ltd. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced revenue of RMB 18,344,000 compared to RMB 20,540,000 for the same period a year ago. Profit before taxation was RMB 11,656,000 compared to RMB 755,000 for the same period a year ago. Profit for the period was RMB 4,218,000 compared to RMB 459,000 for the same period a year ago. Earnings per share, basic and fully diluted were 0.9 cents compared to 0.1 cents for the same period a year ago. For the full year, the company announced revenue of RMB 66,000,000 compared to RMB 75,233,000 for the same period a year ago. Profit before taxation was RMB 9,791,000 compared to RMB 3,030,000 for the same period a year ago. Profit for the period was RMB 1,984,000 compared to RMB 1,731,000 for the same period a year ago. Net cash generated from operating activities was RMB 858,000 compared to RMB 3,391,000 for the same period a year ago. Acquisition and construction of property, plant and equipment was RMB 4,972,000 compared to RMB 1,886,000 for the same period a year ago. Earnings per share, basic and fully diluted were 0.4 cents compared to 0.4 cents for the same period a year ago. The decrease in revenue was mainly due to decrease in fabric processed from 9,587 tonnes in fiscal 2013 to 8,416 tonnes in fiscal 2014 as a result of lower demand from the company’s customers during the period.

China Fibretech Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

China Fibretech Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company's revenue was RMB 18,122,000 compared with RMB 20,560,000 a year ago. Loss before taxation was RMB 48,000 compared with profit before taxation of RMB 1,028,000 a year ago. Loss for the period was RMB 417,000 or 0.1 cents per basic and diluted share compared with profit of RMB 625,000 or 0.1 cents per basic and diluted share a year ago. As on September 30, 2014, the company's net asset value per ordinary share as on September 30, 2014, was 107.8 cents compared to 108.2 cents. For the nine months, the company's revenue was RMB 47,656,000 compared with RMB 54,693,000 a year ago. The decrease in revenue was mainly due to decrease in the fabric processed from 6,958 tonnes in nine months of 2013, to 6,088 tonnes as a result of lower demand from customers during the period. Decrease in average fabric processing fee from RMB 7,861 per tonne in last year to RMB 7,828 per tonne current year. Changes in product mix had also contributed to lower average processing fees due to lower proportion of spandex and knitted velour processed during the period which commands a lower processing fee. Loss before taxation was RMB 1,865,000 compared with profit before taxation of RMB 2,274,000 a year ago. Loss for the period was RMB 2,234,000 compared with profit of RMB 1,271,000 a year ago. Net cash generated from operating activities was RMB 13,947,000 compared with RMB 1,185,000 a year ago. Acquisition of property, plant and equipment was RMB 4,972,000 against RMB 1,881,000 a year ago. Loss per share was 0.5 cents per basic and diluted share compared with earnings of 0.3 cents per basic and diluted share a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CHFT:SP $0.04 SGD +0.001

CHFT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CHFT.
View Industry Companies
 

Industry Analysis

CHFT

Industry Average

Valuation CHFT Industry Range
Price/Earnings 36.9x
Price/Sales 1.1x
Price/Book 0.1x
Price/Cash Flow 36.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA FIBRETECH LTD, please visit www.china-fibretech.com. 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.