JST Jinpan International Limited featured news, full reports, and detailed charts
Jinpan International Limited (JST) Wrap Up:
Jinpan International Limited was incorporated as an International Business Company under the laws of the British Virgin Islands on April 3, 1997. We currently own 100% of Hainan Jinpan Special Transformer Works, which was renamed Hainan Jinpan Electric Company Ltd. on October 9, 2004. At December 31, 2006, we owned 85% of Hainan Jinpan. Our principal executive offices are located at c/o Hainan Jinpan Electric Corporation Ltd., No. 100 Nanhai Avenue, Jinpan Development Area, Haikou, Hainan China. Hainan Jinpan was established in June 1997 as a Sino-foreign cooperative joint venture between Haikou Jinpan and Jinpan International. It is located in the Hainan Province in southern China and is principally involved in the design, manufacture and sale of cast resin transformers. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f07%2f13%2f0000910680-07-000647.html#FIS_COMPANY_INFORMATION"Jinpan International Ltd. (JST:NASDAQ)
Snapshot of Jinpan International Ltd. (JST)
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OPEN
$36.36
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PREVIOUS CLOSE
$36.00
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DAY HIGH
$38.95
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DAY LOW
$36.03
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52 WEEK HIGH
11/20/09 - $38.95
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52 WEEK LOW
03/9/09 - $11.33
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MARKET CAP
315.9M
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AVERAGE VOLUME 3 mo
147.4K
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DILUTED EPS TTM
$3.57
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SHARES OUTSTANDING
8.2M
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EX-DATE
06/26/09
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P/E TTM
10.8x
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DIVIDEND
$0.24
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DIVIDEND YIELD
0.62%
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JST Top Compensated Officers
Executives, Board Directors
Key developments for Jinpan International Ltd. (JST)
Jinpan International Ltd. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the third quarter, the company reported net sales were $43.9 million, a 1.8% decrease from $44.7 million over the same period last year. The decrease in sales was primarily a result of reduction of material costs being passed onto customers in the form of lower unit prices. The company reported operating income increased to $9.8 million, or 22.3% of net sales, a 34.0% increase compared to $7.3 million, or 16.4% of net sales in the same period last year. Net income for the third quarter was $9.4 million, or $1.15 per diluted share, an 81.6% increase compared with $5.2 million, or $0.63 per diluted share, in the same period last year. Third quarter net income as a percentage of net sales were 21.3% as compared to 11.5% in the same period last year. Net income benefited from a lower tax rate in the third quarter as sales generated from the company's Wuhan facility are exempt from taxes in 2009. The company reported income before income taxes of $10.21 million compared to $7.05 million for the same period last year. For the nine months, the company reported net income of $22.73 million or $2.80 diluted per share on the net sales of $117.19 million compared to net income of $13.59 million or $1.67 diluted per share on the net sales of $109.13 million for the same period last year. The company reported operating income of $25.3 million and income before income taxes of $25.5 million compared to operating income of $17.1 million and income before income taxes of $16.7 million for the same period last year. The company reported net cash provided by operating activities of $38.4 million and purchase of property, plant and equipment of $3.47 million compared to net cash provided by operating activities of $0.820 million and purchase of property, plant and equipment of $8.85 million for the same period last year. For the fourth quarter of 2009, the company believes gross margins will be closer to the levels of 34%-37%. For the full year 2009, the company currently anticipates net sales of approximately $154 million to $159 million, a 0% to 3% increase over 2008 sales of $154 million. The company now estimates its net income to be approximately $28 million to $29 million, a 40% to 46% increase over 2008 net income of $19.8 million. The company anticipates that diluted earnings per share for 2009 will be a range of $3.40 to $3.54 per share.
Jinpan International Ltd. expected to Report Fiscal Year 2009 Results on March 29, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).
Jinpan International Ltd., Q3 2009 Earnings Call, Nov-17-2009
JST Competitors
| Company | Last | Change |
| Alstom | €48.00 EUR | -0.60 |
| Siemens | €64.10 EUR | -1.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | JST | Industry Range |
| Price/Earnings | 78.5x |
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| Price/Sales | 11.7x |
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| Price/Book | 16.4x |
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| Price/Cash Flow | 79.4x |
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| TEV/Sales | 11.7x |
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JST transactions
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| No transactions in the last 6 months. | ||
More Recent News About Jinpan International Limited
More news for JST
Jinpan International to Present at the Roth China Conference
ENGLEWOOD CLIFFS, N.J., Oct. 6 /PRNewswire-FirstCall/ -- Jinpan International Ltd. (Nasdaq: JST - News), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment in China, today announced that management will participate in the Roth China Conference at the Fountainebleau Hotel in Miami, FL. The Company will present on Tuesday, October 13, 2009 at 2:00pm Eastern Time.Over 60 companies will be presenting at the conference, including US-listed Chinese companies and US-based companies with growth prospects in China. This conference is by invitation only.About Jinpan International Ltd.Jinpan International Ltd. (Nasdaq: JST - News) designs, manufactures, and markets cast resin transformers for power distribution and wind energy products. Jinpan's cast resin transformers allow high voltage transmissions of electricity to be distributed to various locations in lower, more usable voltages. The Company has obtained ISO9001 and ISO1401 certifications of its cast resin transformers. Its principal executive offices are located in Hainan, China and its U.S. headquarters is based in Englewood Cliffs, New Jersey.Safe Harbor Provi...Click here to read the whole Article (external link)
Jinpan International Announces Opening of New U.S. Facility
ENGLEWOOD CLIFFS, N.J., Oct. 19 /PRNewswire-FirstCall/ -- Jinpan International Ltd. (Nasdaq: JST - News), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment in China, today announced the opening of a new, Carlstadt, New Jersey-based office and warehouse facility. The state-of-the-art 20,000 sq-ft building will provide enough office space for Jinpan's U.S. sales and administrative functions with room to expand as well as moderate production capability associated with assembly, testing and warehousing.Mr. Zhiyuan Li, Chief Executive Officer of Jinpan commented, "As Jinpan continues its growth in the U.S. and other international markets, we are excited to have this new facility at our disposal with its simple assembly and testing capabilities which we believe will allow Jinpan to better serve its U.S.-based customers. Also, with a limited product showroom, customers can now see, first hand, Jinpan's high quality cast resin transformers. We look forward to using this new office and warehouse facility as a step in increasing our international visibility and delivering continued growth in our business."About Jinpan International Ltd.Jinpan International Ltd. (Nasdaq: JST - ...Click here to read the whole Article (external link)
Jinpan International Announces Reporting Date for Third Quarter 2009 Financial Results
CARLSTADT, N.J., Nov. 10 /PRNewswire-FirstCall/ -- Jinpan International Ltd. (Nasdaq: JST - News), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment, today announced the Company will report its financial results for the third quarter ended September 30, 2009 on Tuesday, November 17, 2009( )before the market opens. Jinpan's management will host an earnings conference call on November 17, 2009 at 8:30 a.m. U.S. Eastern Time. Listeners may access the call by dialing #1-719-325-4836. A webcast will also be available at www.viavid.net. A replay of the call will be available through December 1, 2009. Listeners may access the replay by dialing #1-719-457-0820, access code: 8254408.About Jinpan International Ltd.Jinpan International Ltd. (Nasdaq: JST - News) designs, manufactures, and markets cast resin transformers for power distribution and wind energy products. Jinpan's cast resin transformers allow high voltage transmissions of electr...Click here to read the whole Article (external link)
Jinpan International Reports Third Quarter 2009 Financial Results
CARLSTADT, N.J., Nov. 17 /PRNewswire-FirstCall/ -- Jinpan International Ltd (Nasdaq: JST - News), a leading designer, manufacturer and distributor of cast resin transformers for high voltage distribution equipment, today announced consolidated financial results for the third quarter ended September 30, 2009. Net sales for the third quarter were $43.9 million, a 1.8% decrease from $44.7 million over the same period last year. The decrease in sales was primarily a result of reduction of material costs being passed onto customers in the form of lower unit prices. However, the overall sales volume for the first nine months increased 20% to 25% depending on the product line compared to the same period last year. In the third quarter, net sales outside of China increased 40% to $8.1 million, or 18.5% of net sales, compared to $5.8 million, or 13.0% of net sales in the same period last year. Sales of cast resin transformers (excluding those for wind power applications), switch gears and unit substations represented $36 million, or 82% of net sales in the third quarter, while wind energy products represented $7.9 million, or 18% of net sales in the third quarter.Gross margin in the third quarter was $19.2 million, a 37.1% increase from $14.0 million, in the same period last year. Third quarter gross margin increased 12.3% to 43.7% compared to 31.4% in the same period last year. The Company benefited from a lower cost of sales on an absolute basis due to lower raw material prices compared to the same period last year.Se...Click here to read the whole Article (external link)
Q3 2009 Jinpan Earnings Release - Before Market Open
Earnings Announcements for Tuesday, November 17CompanySymbolEPSEstimate*TimeAdd to MyCalendarConferenceCallACORN INTERNATIONAL INCATVN/ABefore Market OpenAddADVANCED SEMICONDUCTOR MANUFACTURING CORP3355.HKN/AAfter Market CloseAddListenAFTERSOFT GROUP INCASFG.OBN/ATime Not SuppliedAddAstro-Med, Inc.ALOTN/AAfter Market CloseAddListenAutodesk, Inc.ADSK0.23After Market CloseAddListenBASTIDE LE CONFORT MEDICALBLC.PAN/ATime Not SuppliedAddBritish Lan...Click here to read the whole Article (external link)