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China Fortune Acquisition Corp. Details:

China Fortune Acquisition Corp. does not have significant operations. It intends to acquire, through a stock exchange, asset acquisition or other similar business combination, an operating business, through contractual arrangements, that has its principal operations located in the People’s Republic of China. The company was founded in 2006 and is based in Pudong, the People’s Republic of China.

November 20, 2008 6:10 AM ET

China Fortune Acquisition Corp. (CFAUF:OTC Bulletin Board Market)

LAST $8.01 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
CFAUF On Other Exchanges
As of October 22, 2008 All times are local (Market data by Reuters is delayed by at least 15 minutes).
OPEN
--
PREVIOUS CLOSE
$8.01
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
01/30/08 - $8.50
52 WEEK LOW
09/30/08 - $7.50
MARKET CAP
0.0
AVERAGE VOLUME 3 mo
0.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
0.0
CFAUF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

CFAUF Details

Founded in 2006

Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments

China Fortune Acquisition Corp. Reports Earnings Results for the First Half Ended June 30, 2008

China Fortune Acquisition Corp. reported earnings results for the first half ended June 30, 2008. For the period, the company reported net income of $687,022 or $0.06 per basic and diluted share and investment income of $887,358.

China Fortune Acquisition Corp. Reports Earnings Results for the Six Months Ended June 30, 2007

China Fortune Acquisition Corp. reported earnings results for the six months ended June 30, 2007. For the period, the company reported net loss of $225 or $0.00 per basic and diluted share.

China Fortune Acquisition Corp. announced that it has received $2 million in funding from RENN Capital Group, Inc. and other investors.

China Fortune Acquisition Corp. (OTCBB: CFAU.F) announced a private placement of 250,000 insider units at a price of $8 per unit for gross proceeds of $2,000,000 on July 23, 2007. Each insider unit consists of one common share and one warrant. Each warrant is exercisable to purchase one common share at an exercise price of $6 per share for a period of up to July 16, 2011, commencing the later of the completion of a business combination and July 17, 2008. Renaissance US Growth Investment Trust PLC subscribed for 175,700 insider units for gross proceeds of $1,405,600 in the private placement. Bo Yu, the Chairman of the board and Chief Executive Officer of the company purchased the units.

otc, otcbb, pinksheet, CFAUF, ob China Fortune Acquisition Corp.

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Industry Analysis

Valuation CFAUF Industry Range
Price/Earnings 55.0x
Price/Sales -- Not Meaningful
Price/Book 1.7x
Price/Cash Flow 57.6x
TEV/Sales -- Not Meaningful

CFAUF

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transactions

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No transactions in the last 6 months.



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