COGO Cogo Group, Inc. featured news, full reports, and detailed charts
Cogo Group, Inc. (COGO) Wrap Up:
We provide customized module design solutions for a diverse set of applications and end markets, serving as a gateway for our technology component suppliers to access leading electronics manufacturers in China. Our customized module design solutions allow our customers to take advantage of technology components from reputable suppliers in an efficient and cost-effective manner, effectively reducing their time-to-market and lowering their overall costs. Our close collaboration with our customers’ product development teams provides us with a unique understanding of their needs, enabling us to customize our suppliers’ technology components with module designs that meet our customers’ needs. In addition, in 2006 and 2007 we began offering technology and engineering, and software design services. We are focused on the mobile handset, telecom equipment and digital media end-markets in China. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0001193125-08-058064.html#FIS_BUSINESS"Cogo Group, Inc. (COGO:NASDAQ)
Snapshot of Cogo Group, Inc. (COGO)
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OPEN
$6.13
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PREVIOUS CLOSE
$6.19
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DAY HIGH
$6.18
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DAY LOW
$5.90
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52 WEEK HIGH
04/27/09 - $8.78
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52 WEEK LOW
11/20/08 - $2.46
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MARKET CAP
216.1M
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AVERAGE VOLUME 3 mo
210.3K
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DILUTED EPS TTM
$0.21
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SHARES OUTSTANDING
36.1M
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COGO Does Not Pay Dividends
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P/E TTM
28.7x
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| K = Thousands M = Millions B = Billions | ||
COGO Top Compensated Officers
Executives, Board Directors
Key developments for Cogo Group, Inc. (COGO)
To discuss company’s growth strategies for the remainder of 2009 and 2010 in China and also focus on the rapidly growing opportunities within various small and medium enterprise markets in China
To discuss company's growth strategies for the remainder of 2009 and 2010, with particular focus on new opportunities within various industrial verticals and the Small and Medium Enterprise markets within China
Cogo Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company posted quarterly revenue of $82.0 million, up 9.7% year-over-year, compared to $74.8 million reported in the third quarter of 2008. Net income attributable to the company for the quarter was $3.4 million or EPS diluted attributable to the company of $0.09 on a U.S. GAAP basis, compared to net income attributable to the company of $1.4 million, or EPS diluted attributable to the company of $0.04 in the third quarter of 2008. Net income attributable to the company of $6.7 million, or $0.18 non-GAAP EPS diluted attributable to the company for the quarter, as compared to $5.4 million or $0.14 non-GAAP EPS diluted attributable to the company for the third quarter of 2008. Income from operations was $2.6 million compared to $0.14 million for the same period a year ago. Earnings before income taxes were $3.1 million. Non-GAAP income from operation was $7.1 million compared with $4.5 million for the same period a year ago. For the nine months, the company reported revenue of $219.0 million, an increase of 6.4% compared to $205.9 million reported during the same period of 2008. Income from operations was $6.4 million, a decrease of 41.6% from the $10.9 million reported during the prior year period. The company is providing fourth quarter of 2009 guidance of $86 million-$88 million in revenue and non-GAAP EPS diluted attributable to the company of $0.18-$0.19.
COGO Competitors
| Company | Last | Change |
| Arrow Electronics Inc | $26.47 USD | -0.14 |
| Avnet Inc | $27.39 USD | -0.01 |
| Oclaro Inc | $1.34 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | COGO | Industry Range |
| Price/Earnings | 31.3x |
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| Price/Sales | 0.7x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 26.3x |
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| TEV/Sales | 0.3x |
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COGO |
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COGO transactions
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| No transactions in the last 6 months. | ||
More Recent News About Cogo Group, Inc.
More news for COGO
Cogo Group, Inc. Q3 2009 Earnings Call Transcript
Cogo Group, Inc. (COGO) Q3 2009 Earnings Call Transcript November 4, 2009 4:30 pm ET Executives Jeffrey Kang – Chairman and CEO Will Davis – SVP, Business Development and Chief Marketing Officer Analysts Quinn Bolton – Needham and Company Brian White - Ticonderoga Securities Amir Rozwadowski – Barclays Capital Nathan Johnson - Pacific Crest Rahul Khanwalkar – Jefferies and Company Adele Mao – OLP Global Richard Safranek – Wafra Investment Advisory Group Question-and-Answer Session Operator (Operator Instructions) Our first question comes from the line of Quinn Bolton with Needham and Company. Please go ahead. Quinn Bolton – Needham and Company Thanks, guys and good job on the numbers. Jeffrey, I was wondering if you could talk a little bit more about your SME outreach program you talked about 10,000 million targeted accounts. Are there certain attributes that you are looking at to decide whether you are going to target an SME account and are these geographically in the major manufacturing regions from China? Just a little bit more detail about how you intend to go after these new accounts? Jeffrey Kang Well, actually as you’re saying – that the current orders of existing customer, I mean, revenue customers that’s customer we generates revenue in every quarter from them. But, in order to expand our business, so we also have a much larger and a targeted customer in our category which means that some new customer. We are pursuing. We are doing the designing work. We are following them, but we haven’t generated revenue from them yet. So, as you...Click here to read the whole Article (external link)
Cogo Group, Inc. Q3 2009 Earnings Call Transcript Introductory Remarks
Cogo Group, Inc. (COGO) Q3 2009 Earnings Call Transcript November 4, 2009 4:30 pm ET Executives Jeffrey Kang – Chairman and CEO Will Davis – SVP, Business Development and Chief Marketing Officer Frank Zheng – Chief Financial Officer Presentation Will Davis Thank you and good afternoon to everyone. My name is Will Davis, and I'd like to thank you all for joining us today to participate in Cogo's Third Quarter 2009 Earnings Conference Call. After the market closed today, Cogo issued a press release reporting final unaudited financial results for the quarter ended September 30, 2009. This release can be accessed in the investor relations section of Cogo's website at www.cogo.com.cn and on most other financial websites. The discussion today will be hosted by Jeffrey Kang, Chairman and CEO, who will discuss the Company’s business operations; Frank Zheng, our CFO, who will report the Company’s financials; and Will Davis, our Senior Vice President of Business Development and Chief Marketing Officer will discuss guidance. Before we begin, I'd like to remind everyone that the call today may contain forward-looking statements regarding future events and the financial performance of the Company. We wish to caution you that such statements are just predictions, and actual results may differ materially as a result of the risks and uncertainties inherent in the Company's business. We refer you to documents that the Company files periodically with the SEC, specifically the most recently filed Form 10-K, as well as the Safe Harbor statement made in today’s press release. These documents contain important risk factors that could cause actual results to differ ma...Click here to read the whole Article (external link)
Cogo Group, Inc. to Present at Merriman Curhan Ford 6th Annual Investor Summit 2009 on November 10, 2009
SHENZHEN, China, Nov. 5 Cogo Group, Inc. (Nasdaq: COGO - News), a leading platform services provider into technology and industrial sectors in China, today announced that Will Davis, Chief Marketing Officer, will present at the Merriman Curhan Ford 6th Annual Investor Summit 2009 on Tuesday, November 10, 2009, from 10:30 to 11:00am at the Sofitel New York Hotel, located at 45 West 44th Street in New York City. During the presentation, Mr. Davis will highlight Cogo's growth strategies for the remainder of 2009 and 2010, with particular focus on new opportunities within various industrial verticals and the Small and Medium Enterprise ("SME") markets within China. Mr. Davis will be available for one-on-one meetings with analysts and investors throughout the day. Participation or attendance to this conference is by invitation only. Please contact your Merriman Curhan Ford representative.About Cogo Group, Inc.: Cogo Group, Inc. (NASDAQ: COGO - News) a leading platform services provider into technology and industrial sectors in China. The Company believes it acts as a proxy to China's technology industry as it works with virtually all the major ODMs and OEMs in China. Cogo leverages these relatio...Click here to read the whole Article (external link)
Cogo Group, Inc. Q3 2009 Earnings Call Transcript
Cogo Group, Inc. (COGO) Q3 2009 Earnings Call Transcript November 4, 2009 4:30 pm ET Executives Jeffrey Kang- CEO Frank Zheng- CFO Will Davis-CMO Analysts Quinn Bolton – Needham and Company Adele Mao – OLP Global Richard Safranek – Wafra Investment Advisory Group Brian White – Ticonderoga Securities Amir Rozwadowski – Barclays Capital Nathan Johnson - Pacific Crest Rahul Khanwalkar – Jefferies and Company Presentation Operator Introduction Will Davis Good afternoon to everyone. My name is Will Davis, I am the Chief Marketing Officer of Cogo and I'd like to thank you all for joining us today to participate in Cogo's 2009 Third Quarter Earnings Conference Call. After the market closed today, Cogo issued a press release reporting final unaudited financial results for the quarter ended September 30, 2009. This release can be accessed in the investor relations section of the Cogo website at cogo.com.cn and on most other financial websites. The discussion today will be hosted by Jeffrey Kang, Chairman and CEO, who will discuss the Company’s business operations; Frank Zheng, our CFO, who will report the Company’s financials; and Will Davis, our Senior Vice President of Business Development and Chief Marketing Officer will discuss guidance. Before we begin, I'd like to remind everyone that the call today may contain forward-looking statements regarding future events and the financial performance of the Company. We wish to caution you that such statements ...Click here to read the whole Article (external link)
New Star Analyst Rankings for Cogo Group, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
Cogo Announces Series of Automotive Electronics Design Wins with Leading Chinese Manufacturer BYD
SHENZHEN, China, Nov. 12 /PRNewswire-FirstCall/ -- Cogo Group, Inc. (Nasdaq: COGO - News), a leading platform services provider for the technology and industrial sectors in China, today announced a series of module design wins within the automotive sector. Cogo, in conjunction with its partner, a leading global semiconductor supplier for the auto industry, will provide highly technical module and software solutions for a variety of applications, including intelligent key/locks, dynamic vehicle control, airbags, multimedia AV systems, tire pressuring monitoring systems, and radar systems, among others. Currently, Cogo has design wins in BYD's sedan models focused on the conventional domestic China market, as well as its hybrid and pure electrical sedans for the high-end domestic and export market segments. BYD is the rising star among Chinese auto makers. Its compact F3 sedan has been a top selling model for several months this year and sold over 30,000 units in the month of October.Cogo believes that reducing energy consumption will be a focus for all leading Chinese auto manufacturers in the years to come, leading to an increasing number of hybrid and pure electrical models coming to market. Cogo expects to provide customized solutions to meet the increasing demand for automobile efficiency. Cogo also expects to begin recording auto electronics revenue in 2010 and anticipates a meaningful revenue ramp in this segment through 2010 and beyond."Since Cogo's Industrial Applications business first became a reportable b...Click here to read the whole Article (external link)
COGO GROUP, INC. Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This commentary should be read in conjunction with Cogo Group, Inc. (the "Company") and its subsidiaries' (together, "we," "us," "our" or the "Group") unaudited condensed consolidated financial statements for the period ended September 30, 2009 and 2008 as well as the Group's consolidated financial statements and related notes thereto and management's discussion and analysis of financial condition and results of operations in the Group's Form 10-K for the year ended December 31, 2008. Portions of the discussion and analysis below contain certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include statements about our plans and objectives for future expansion, including into our new digital consumer electronic and storage solution products; expectations for the domestic wireless handset, telecommunications equipment, consumer electronic and storage solution end-markets in the People's Republic of China (the "PRC"); anticipated margins for our solutions; general and cyclical economic and business conditions, and, in particular, those in the PRC's wireless handset, telecommunications equipment and consumer electronics industries; our ability to enter into and renew key corporate and strategic relationships with our customers and suppliers; changes in the favorable tax incentives enjoyed by our PRC operating companies; and other statements containing forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects," "looking forward" or similar terms, variations of such terms or the negative of such terms. Such informatio...Click here to read the whole Article (external link)
COGO GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for COGO GROUP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for COGO GROUP, INC. 6-Nov-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, n...Click here to read the whole Article (external link)
Cogo Group, Inc. to Present at Barclays Capital Global Technology Conference on December 9, 2009
SHENZHEN, China, Nov. 16 /PRNewswire-FirstCall/ -- Cogo Group, Inc. (Nasdaq: COGO - News), a leading platform services provider into technology and industrial sectors in China, today announced that Jeffrey Kang, CEO and Will Davis, Chief Marketing Officer, will present at the Barclays Capital Global Technology Conference on Wednesday, December 9, 2009, from 4pm to 4:30pm at the French Room of the Fairmont Hotel in San Francisco, California. During the presentation, Mr. Kang will highlight Cogo's growth strategies for the remainder of 2009 and 2010, with particular focus on various Industrial verticals, including the roll-outs of Smart Meters and the Smart Grid in China and recently announced opportunities within Auto Electronics. They will also focus on the rapidly growing opportunities within various Small and Medium Enterprise ("SME") markets in China. Mr. Kang and Mr. Davis will be available for one-on-one meetings with analysts and investors during the conference. Participation or attendance to this conference is by invitation only. Please contact your Barclays representative.About Cogo Group, Inc.:Cogo Group, Inc. (Nasdaq: COGO - News) a leading platform services provider into technology and ...Click here to read the whole Article (external link)
COGO GROUP, INC. Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue82,119 73,614 63,268 81,352 Cost of Revenue70,267 63,124 54,276 69,793 Gross Profit11,852 10,490 8,992 11,559 Operating ExpensesResearch Development2,310 2,355 2,348 2,315 Selling General and Administrative6,904 5,820 5,233 4,585 Non Recurring - 5 (5)4,928 Others - - - - Total Operating Expenses - - - - Operating Income or Loss2,637 2,310 1,416 (269)Income from Continuing OperationsTotal Other Income/Expenses Net1,532 640 381 853 Earnings Before Interest And Taxes3,181 2,950 1,797 584 Interest Expense83 70 5 6 Income Before Tax3,098 2,880 1,792 578 Income Tax Expense400 300 201 (195)Minority Interest - - - (78)Net Income From Continuing Ops3,685 2,580 1,591 695 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
