JNGW Jingwei International Limited featured news, full reports, and detailed charts
Jingwei International Limited (JNGW/JNGW.OB) Wrap Up:
Jingwei International Limited provides software and data mining services in the People’s Republic of China. Its software services include a range of operation and business support systems, such as billing systems, provisioning solutions, and decision support and customer relationship management systems for telecom and cable operators. The company also offers its proprietary database that contains the name, age, gender, identification number, income level, address, work status and type, mobile phone usage and pattern, telecom service subscriptions, and purchasing history information of approximately 300 million Chinese consumers. In addition it offers market segmentation, customer trend and c...Jingwei International Limited (JNGW:OTC Bulletin Board Market)
Snapshot of Jingwei International Limited (JNGW)
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OPEN
$2.10
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PREVIOUS CLOSE
$2.20
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DAY HIGH
$2.10
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DAY LOW
$2.10
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52 WEEK HIGH
10/29/09 - $2.75
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52 WEEK LOW
03/25/09 - $0.22
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MARKET CAP
35.8M
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AVERAGE VOLUME 3 mo
50.9K
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DILUTED EPS TTM
$0.25
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SHARES OUTSTANDING
17.0M
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JNGW Does Not Pay Dividends
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P/E TTM
8.4x
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| K = Thousands M = Millions B = Billions | ||
JNGW Top Compensated Officers
Executives, Board Directors
Key developments for Jingwei International Limited (JNGW)
Jingwei International Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported sales of $8,763,167, income from operations of $1,361,386, income before income taxes of $1,709,905 and basic and diluted earnings per share of $0.09 against sales of $8,568,360, income from operations of $1,960,028, income before income taxes of $2,167,028 and basic and diluted earnings per share of $0.11 for the same period last year. For the nine months, the company reported sales of $16,793,680, income from operations of $2,796,326, income before income taxes of $3,481,700 and basic and diluted earnings per share of $0.17 against sales of $23,110,226, income from operations of $8,337,045, income before income taxes of $9,064,006 and basic and diluted earnings per share of $0.45 for the same period last year. Net cash flows provided by operating activities was $1,219,151 against net cash flows used in operating activities of $2,689,171 last year. Acquisition of property and equipment was $343,536 for the nine months.
Jingwei International Limited announced Rick Luk, a former executive of AT&T, has joined the company as Chief Executive Officer and Director replacing Regis Kwong, who remains an advisor of the company. He was a former executive of AT&T; seconded to Shanghai Symphony Telecom as President & General Manager from 2001 to 2004, to lead partners' negotiation, business development and manage start-up of the company from its inception to profitable growth. After AT&T, Rick took an extended leave to spend time with his family; then joined SinoTel Limited as CEO in 2005. Most recently, Rick was Chairman and CEO for Motion Technology Holdings; and remains a non-executive Chairman of the Board for Motion Holdings upon joining Jingwei International.
On September 2, 2009, Jingwei International Limited dismissed its principal independent accountant, Morison Cogen LLP. The decision to dismiss Morison as the company's principal independent accountant was approved by the company's board of directors on September 2, 2009. On the same dated the company engaged Bernstein, Pinchuk & Kaminsky, LLP, an independent member of the BDO Seidman Alliance as its new principal independent accountants, effective immediately upon the dismissal of Morison.
JNGW Competitors
| Company | Last | Change |
| AsiaInfo Holdings Inc | $24.98 USD | -0.10 |
| Jiangxi Lianchuang Optoelectronic Sci | ¥10.20 CNY | +0.09 |
| KongZhong Corp | $13.81 USD | -0.18 |
| Neusoft Corp | ¥24.28 CNY | +1.10 |
| Sina Corp | $44.50 USD | -0.50 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | JNGW | Industry Range |
| Price/Earnings | 8.1x |
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| Price/Sales | 1.8x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 8.1x |
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| TEV/Sales | 1.0x |
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JNGW |
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JNGW transactions
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| No transactions in the last 6 months. | ||
