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 $6.99 USD
Change Today -0.09 / -1.27%
Volume 103.4K
SYUT On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

synutra international inc (SYUT) Snapshot

Open
$7.11
Previous Close
$7.08
Day High
$7.13
Day Low
$6.97
52 Week High
06/11/15 - $8.15
52 Week Low
10/1/14 - $4.27
Market Cap
400.5M
Average Volume 10 Days
192.6K
EPS TTM
$1.10
Shares Outstanding
57.3M
EX-Date
--
P/E TM
6.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNUTRA INTERNATIONAL INC (SYUT)

synutra international inc (SYUT) Related Bloomberg News

View More Bloomberg News

synutra international inc (SYUT) Related Businessweek News

No Related Businessweek News Found

synutra international inc (SYUT) Details

Synutra International, Inc., through its subsidiaries, produces, distributes, and sells dairy based nutritional products primarily under the Shengyuan and Synutra brands in the People’s Republic of China. It operates through three segments: Nutritional Food, Nutritional Supplement, and Other Business. The Nutritional Food segment sells powdered infant and adult formula products under the Super, My Angel, and Dutch Cow brand names; and prepared pureed food for babies, children, and adults under the Huiliduo brand name, as well as prepared adult foods for patients with special nutritional needs after surgical operations. The Nutritional Supplement segment produces and sells nutritional supplements, such as chondroitin sulfate and collagen. The Other Business segment sells milk powder and whey protein to industrial customers; and cosmetics to pregnant women, as well as provides genetic diagnostic services for new born babies. The company sells its products to retail outlets through independent distributors and sub-distributors covering various provinces and provincial-level municipalities in Mainland China. Synutra International, Inc. is headquartered in Rockville, Maryland.

2,700 Employees
Last Reported Date: 06/12/15

synutra international inc (SYUT) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $390.7K
President and Corporate Secretary
Total Annual Compensation: $113.7K
Chief Financial Officer
Total Annual Compensation: $123.7K
Vice President of Human Resources & Administr...
Total Annual Compensation: $195.6K
Vice President of Production
Total Annual Compensation: $137.0K
Compensation as of Fiscal Year 2015.

synutra international inc (SYUT) Key Developments

Synutra International, Inc. Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015; Provides Earnings Guidance for the Fiscal Year 2016; Reports Impairment of Long-Lived Assets and Intangible Assets for the Fourth Quarter of 2015

Synutra International Inc. announced consolidated earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, net income rose to $24.1 million or $0.42 per diluted share from $10.1 million, or $0.42 per diluted share, a year earlier. Sales increased to $110.2 million from $98.7 million year-over-year. This increase was primarily driven by a 12.6% increase in average selling price, supported by a 5.5% increase in milk formula sales by volume over the prior year period. Income from operations was $16.6 million, an increase of 19.4% over the prior year period. Net income attributable to common stockholders was $24.1 million or $0.42 per basic share, a 138.7% increase from $10.1 million, or $0.18 per basic share, in the prior year period. Excluding the non-recurring items, non-GAAP net income attributable to common stockholders for the fourth quarter was $18.6 million, or $0.33 per basic share. Income before income tax expense was $16,750,000 against $9,897,000 a year ago. Non-GAAP income from operations was $22,419,000 against $14,921,000 a year ago. Non-GAAP net Income attributable to common stockholders was $18,637,000 against $11,134,000 a year ago. This increase in sales was primarily driven by a 12.6% increase in average selling price, supported by a 5.5% increase in milk formula sales by volume over the prior year period. For the year, sales increased to $413.9 million from $370.5 million in the prior year. Income from operations was $73.7 million compared to $41.6 million in the prior year. Net income was $72.0 million, an increase of 137.4% over $30.3 million in the prior year. One-time items that impacted net income, other than the non-recurring items, include a tax expense on the disposal gains of $3.1 million and a reversal of valuation allowances on deferred tax assets of $11.3 million. Adjusted for all non-recurring items both above and below the operating line, non-GAAP net income was $54.4 million, an increase of 75.3% compared to the prior year. Net income attributable to common stockholders was $69.5 million, or $1.21 per basic share, compared to $30.9 million, or $0.54 per basic share, in the prior year. Income before income tax expense was $67,582,000 against $30,478,000 a year ago. Non-GAAP income from operations was $64,291,000 against $42,303,000 a year ago. Non-GAAP net Income attributable to common stockholders was $51,882,000 against $31,602,000 a year ago. Capital expenditures were $95 million. The company provided earnings guidance for the fiscal year 2016. For the year, the company expects continued growth momentum in the Nutritional Food segment, mainly driven by powdered formula products, and greater operating leverage as sales expand. Total net sales are expected to be between $450 million and 500 million, as there can be more variance from the sales of bulk packaged milk and whey powder in the Other Business segment. The company expects to incur income tax expense consistent with the statutory rate of 25% in fiscal 2016 compared to the income tax benefit recorded in fiscal 2015 due to the reversal of valuation allowances of deferred tax assets. As such the company expects net income to be between $50 million and 60 million, in line with $72.0 million and $54.4 million for GAAP and non-GAAP net income in fiscal 2015, respectively. The company expects to spend over $120 million in capital expenditures. The company reported impairment of long-lived assets and intangible assets of $5,845,000 compared with $1,040,000 a year ago.

Synutra International Inc. to Report Q4, 2015 Results on Jun 12, 2015

Synutra International Inc. announced that they will report Q4, 2015 results at 5:00 PM, Eastern Standard Time on Jun 12, 2015

Synutra International Inc., Q4 2015 Earnings Call, Jun 15, 2015

Synutra International Inc., Q4 2015 Earnings Call, Jun 15, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SYUT:US $6.99 USD -0.09

SYUT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Abbott Laboratories $49.41 USD -0.11
Biostime International Holdings Ltd $22.25 HKD -0.70
Danone SA €58.70 EUR -0.44
Inner Mongolia Yili Industrial Group Co Ltd CNY17.06 CNY -0.64
Mead Johnson Nutrition Co $90.88 USD -0.08
View Industry Companies
 

Industry Analysis

SYUT

Industry Average

Valuation SYUT Industry Range
Price/Earnings 5.8x
Price/Sales 1.0x
Price/Book 3.6x
Price/Cash Flow 5.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SYNUTRA INTERNATIONAL INC, please visit www.synutra.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.