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Last $5.00 USD
Change Today -0.19 / -3.66%
Volume 307.7K
NTP On Other Exchanges
Symbol
Exchange
NTP is not on other exchanges.
As of 4:15 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

nam tai property inc (NTP) Snapshot

Open
$5.20
Previous Close
$5.19
Day High
$5.20
Day Low
$4.98
52 Week High
06/9/14 - $8.11
52 Week Low
03/27/15 - $3.51
Market Cap
226.4M
Average Volume 10 Days
293.8K
EPS TTM
$-0.05
Shares Outstanding
45.3M
EX-Date
06/26/15
P/E TM
--
Dividend
$0.08
Dividend Yield
1.60%
Current Stock Chart for NAM TAI PROPERTY INC (NTP)

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nam tai property inc (NTP) Details

Nam Tai Property Inc. engages in the property development and management activities in the People’s Republic of China. It focuses on developing two parcels of land for converting them into commercial complexes in Gushu and Guangming, Shenzhen. The company was formerly known as Nam Tai Electronics, Inc. and changed its name to Nam Tai Property Inc. in April 2014. Nam Tai Property Inc. was founded in 1975 and is based in Shenzhen, the People’s Republic of China.

64 Employees
Last Reported Date: 03/13/15
Founded in 1975

nam tai property inc (NTP) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $213.7K
Founder, Executive Chairman, President of Nam...
Total Annual Compensation: $1.7M
Senior Operations President of Shenzhen Manuf...
Total Annual Compensation: $198.3K
Compensation as of Fiscal Year 2014.

nam tai property inc (NTP) Key Developments

Nam Tai Property Inc. Provides Dividend Guidance for the Third and Fourth Quarter of 2015, payable on Before July 31, 2015 and October 31, 2015, Respectively

Nam Tai Property Inc. provided dividend guidance for the third and fourth quarter of 2015. For the third quarter, the company expects to pay dividend of $0.02 per share to the shareholders recoded on June 30, 2015 and will be payable on before July 31, 2015. For the fourth quarter, the company expects to pay dividend of $0.02 per share to the shareholders recoded on September 30, 2015 and will be payable on before October 31, 2015.

Nam Tai Property Inc. Appoints Shan-Nen Bong as Chief Financial Officer Effective May 1, 2015

Nam Tai Property Inc. announced that effective May 1, 2015, Mr. Shan-Nen Bong will be appointed as chief financial officer of the company. Mr. Bong joined Nam Tai as VP of Finance and Administration since October 2014 and has familiarized himself with the finance and operations of Nam Tai Group. Mr. Bong has previously worked in one of the Big-4 accounting firms for 17 years in Singapore, New Zealand, San Jose (USA) and Beijing, and was an audit partner for the last 2.5 years at that firm before agreeing to join the company.

Nam Tai Property Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Outlook on Construction of Guangming Project

Nam Tai Property Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported rental income of $823,000 against $101,000 for the same period in the last year. Rental income was mainly derived from properties and lands located in Shenzhen. Operating loss was $2,487,000 against $1,737,000 for the same period in the last year. Income before income tax was $77,000 against loss before income tax of $3,197,000 for the same period in the last year. Income from continuing operations was $77,000 against loss from continuing operations of $3,197,000 for the same period in the last year. Net cash provided by operating activities was $201,000 against net cash used in operating activities of $8,841,000 for the same period in the last year. Purchase of property, plant and equipment and land use rights was $290,000 against $401,000 for the same period in the last year. Negative return on equity was 0.03% against 24.6% for the same period in the last year. Net rental income was $434,000 against $81,000 for the same period in the last year. With the cessation of LCM business in April 2014, the company has been focusing its effort in developing the land parcels in Shenzhen. In relation to the land parcels (in Guangming and Gushu) in Shenzhen, the construction permit application processes have been proceeding smoothly, and it believes that it can obtain the necessary permits and approvals to carry out the next stages of its property development projects on schedule. For the Guangming project (Phase 1), the construction permit application processes have been proceeding smoothly, and it is in the final stages of selecting and appointing the qualified professional architectural firms for the next stage of the project. The construction phase of the Guangming project (Phase 1) is expected to commence in the first quarter of 2016. Based on the current plan, subject to the final approval of the relevant authorities in China, the Phase 1 of the Guangming project will consist of mixed development of office buildings, retail area, hotel and apartment complexes. The Guangming project (Phase 2) will commence upon the completion of Guangming project (Phase 1). Based on the current timetable, the construction at the Gushu area is expected to commence no earlier than 2017.

 

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NTP

Industry Average

Valuation NTP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 72.2x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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