PFGY PerfectEnergy International Limited featured news, full reports, and detailed charts
PerfectEnergy International Limited (PFGY/PFGY.OB) Wrap Up:
Perfectenergy International, Ltd., through its subsidiaries, engages in the research, development, manufacture, and sale of solar cell, solar module, and photovoltaic systems. It sells its products to systems integrators and distributors, who purchase software and hardware from other vendors, and then integrate and install the end-product for their customers. The company markets and sells its products and services through its direct sales force and through marketing programs, such as industrial conferences, trade fairs, sales training, and advertising. Perfectenergy International operates in Mainland China, Europe, and the United States. The company was founded in 2005 and is based in Shangh...www.perfectenergy.com.cn
280 Employees
Founded in 2005
PerfectEnergy International Limited (PFGY:OTC Bulletin Board Market)
LAST $0.28 USD
CHANGE TODAY -0.009 -3.10%
VOLUME 25.2K
As of 3:34 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of PerfectEnergy International Limited (PFGY)
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OPEN
$0.28
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PREVIOUS CLOSE
$0.29
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DAY HIGH
$0.30
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DAY LOW
$0.28
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52 WEEK HIGH
01/16/09 - $0.61
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52 WEEK LOW
11/20/08 - $0.12
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MARKET CAP
8.3M
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AVERAGE VOLUME 3 mo
22.4K
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DILUTED EPS TTM
$-0.20
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SHARES OUTSTANDING
29.6M
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PFGY Does Not Pay Dividends
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P/E TTM
NM
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PFGY Top Compensated Officers
Mr. Wennan Li
Chairman of the Board, Chief Executive Office...
Age: 41
Total Annual Compensation: $106.6K
Mr. Xiaolin Zhuang
Chief Financial Officer and Secretary
Age: 37
Total Annual Compensation: $66.2K
Ms. Diping Zhou
Vice President of Operations
Age: 40
Total Annual Compensation: $74.3K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for PerfectEnergy International Limited (PFGY)
PerfectEnergy International Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2009
09/15/2009
PerfectEnergy International Limited reported unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2009. For the quarter, the company reported loss from operations of $1.18 million, loss before provision for income taxes of $1.1 million, comprehensive loss of $1.15 million and net loss of $0.98 million or $0.03 per diluted share on revenue of $9.26 million compared to loss from operations of $25,048, income before provision for income taxes of $2.58 million, comprehensive income of $2.9 million and net income of $2.53 million or $0.09 per diluted share on revenue of $9.26 million for the same period a year ago. For the nine months ended July 31, 2009, the company reported loss from operations of $6.23 million, loss before provision for income taxes of $5.5 million, comprehensive loss of $5.15 million and net loss of $5.07 million or $0.17 per diluted share on revenue of $19.67 million compared to loss from operations of $1.89 million, income before provision for income taxes of $9.03 million, comprehensive income of $10.07 million and net income of $8.84 million or $0.29 per diluted share on revenue of $41.08 million for the same period a year ago. Net cash provided by operating activities were $0.77 million compared to $0.222 million for the same period a year ago. Purchase of equipment and leasehold improvements were $0.33 million compared to $4.49 million for the same period a year ago.
PerfectEnergy International Limited expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on September 15, 2009).
09/15/2009
PerfectEnergy International Limited expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on September 15, 2009).
PerfectEnergy International Limited Reports Earnings Results for the Second Quarter Ended April 30, 2009
06/16/2009
PerfectEnergy International Limited reported earnings results for the second quarter ended April 30, 2009. For the quarter, the company has posted a net loss of $1.57 million. In contrast, the company posted a net income of $5.03 million for the same quarter in the previous year.
PFGY Competitors
| Company | Last | Change |
| Australia China Holdings Limited | A$0.02 AUD | 0.00 |
| Solarfun Power Holdings Co Ltd | $6.64 USD | -0.17 |
| Solarworld | €14.38 EUR | -0.16 |
| SunPower Corp | $21.48 USD | +0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | PFGY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
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PFGY |
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PFGY transactions
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| No transactions in the last 6 months. | ||
More Recent News About PerfectEnergy International Limited
More news for PFGY
PERFECTENERGY INTERNATIONAL LTD Financials
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.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
Perfectenergy International Reports Third Quarter Fiscal 2009 Financial Results
* Gross Margin Increased to 19.9% Compared to 7.2% in 3QFY08 * Revenues Increased by 85% Compared to 2QFY09 SHANGHAI, China, Sept. 14, 2009 (GLOBE NEWSWIRE) -- Perfectenergy International Ltd., (OTCBB:PFGY - News), announced its financial results for the third fiscal quarter ended July 31, 2009. Revenues decreased 48% to $9.2 million, from $17.7 million for the third fiscal quarter of 2008. On quarter-to-quarter basis, revenues increased by 85% from the second quarter's $5 million. This decrease is attributable to falling sales prices of solar module products as a result of fierce competition in the current market. Despite falling sales prices, shipments of module products continued to increase as a result of some market recovery, reaching about 70% of the amount of shipments from the same quarter in 2008. Gross profit for the three months ended July 31, 2009 totaled $1.8 million, or 19.9% of revenues, compared with gross profit of $1.3 million, or 7.2% of revenues, for the same fiscal quarter in 2008. The increase in gross profit was mainly due to a decline in the price of silicon wafers and cost savings measures taken in the Company's production process. The impact of the high historical price of silicon wafers was fully absorbed in previous quarters. Selling, general and administrative expenses totaled $2.9 million, or 31.9% of sales, for the three months ended July 31, 2009 compared with $1.3 million, or 7.1% of sales, for the same period last year. The...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 10-Q, Quarterly Report
Show all filings for PERFECTENERGY INTERNATIONAL LTD | Request a Trial to NEW EDGAR Online Pro Form 10-Q for PERFECTENERGY INTERNATIONAL LTD 14-Sep-2009Quarterly Report 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 on...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following discussion and analysis of the financial condition of the Company should be read in conjunction with our financial statements and the notes to those financial statements that are included above. Our discussion includes forward-looking statements based on current expectations that involve risks and uncertainties, such as our plans, objectives, expectations, and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the Cautionary Notice Regarding Forward-Looking Information and Results of Operations sections in this Quarterly Report on Form 10-Q. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "may," "will," "should," "could," and similar expressions to identify forward-looking statements. OVERVIEW Perfectenergy International Limited, a Nevada corporation, was incorporated on February 25, 2005 in the State of Nevada under its former name "Crestview Development Corporation." As a result of a share exchange transaction that closed on August 8, 2007, our business is the research, development, manufacturing, and sale of solar cells, solar modules, and photovoltaic ("PV") systems through Perfectenergy International Limited, a private British Virgin Islands corporation ("Perfectenergy BVI") and our wholly owned subsidiary, and Perfectenergy BVI's three wholly owned subsidiaries, (i) Perfectenergy (Shanghai) Limited, a company organized under the laws of the People's Republic of China ("Perfectenergy Shanghai"), (ii) Perfectenergy GmbH, a German corporation ("Perfectenergy GmbH"), and (iii) Perfectenergy Sola...Click here to read the whole Article (external link)
Perfectenergy International Reports First Quarter Fiscal 2009 Financial Results
SHANGHAI, China, March 17, 2009 (GLOBE NEWSWIRE) -- Perfectenergy International Ltd. (OTC BB:PFGY.OB - News), a rapidly growing solar energy company, today announced financial results for the first fiscal quarter ended January 31, 2009. Revenues decreased 48% to $5.4 million, from $10.4 million for the first fiscal quarter of 2008. This decrease is attributable to a decrease in the sales price for module products as well as significant declines in the shipment of our products to the European market due to shrinking demands as a result of the worldwide economic and financial downturns and unfavorable weather conditions in Europe, which limits the installation of PV modules and defers purchasing of our products until a later date. The decreased revenue also resulted from a currency devaluation of the Euro vs. Renminbi (``RMB'') during the quarter ended January 31, 2009, compared to the quarter ended January 31, 2008.Gross loss for the three months ended January 31, 2009 totaled $1.8 million, compared with gross profit of $0.4 million for the same fiscal quarter in 2008. The decrease in gross profits was mainly due to a decrease in the sales price for module products in our key markets and selling such modules using high priced wafers purchased during prior periods.Selling, general and administrative expenses decreased 46% from $1.3 million for the three months ended January 31, 2009, compared with $2.1 million for the same period last year. Research and development costs (R&D) were approximately $45,351 for the three m...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis or Plan of Operation. The following discussion and analysis of the financial condition of the Company should be read in conjunction with our financial statements and the notes to those financial statements that are included above. Our discussion includes forward-looking statements based on current expectations that involve risks and uncertainties, such as our plans, objectives, expectations, and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the Cautionary Notice Regarding Forward-Looking Information and Results of Operations sections in this Quarterly Report on Form 10-Q. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "may," "will," "should," "could," and similar expressions to identify forward-looking statements. OVERVIEW Perfectenergy International Limited, a Nevada corporation, was incorporated on February 25, 2005 in the State of Nevada under its former name "Crestview Development Corporation." As a result of a share exchange transaction that closed on August 8, 2007, our business is the research, development, manufacturing, and sale of solar cells, solar modules, and photovoltaic ("PV") systems through Perfectenergy International Limited, a private British Virgin Islands corporation ("Perfectenergy BVI") and our wholly owned subsidiary, and Perfectenergy BVI's three wholly owned subsidiaries, (i) Perfectenergy (Shanghai) Limited, a company organized under the laws of the People's Republic of China ("Perfectenergy Shanghai"), (ii) Perfectenergy GmbH, a German corporation ("Perfectenergy GmbH"), and (iii) Perfectenergy Sola...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of the results of operations and financial condition of Perfectenergy International Limited for the fiscal years ending October 31, 2008 and 2007 should be read in conjunction with our financial statements and the notes to those financial statements that are included elsewhere in this report. Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations, and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the Risk Factors, Cautionary Statement Regarding Forward-Looking Information, and Business sections in this report. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "may," "will," "should," "could," and similar expressions to identify forward-looking statements. OVERVIEW We were originally incorporated on February 25, 2005 in the State of Nevada under our former name "Crestview Development Corporation." As a result of a share exchange transaction that closed on August 8, 2007, our business is the research, development, manufacturing, and sale of solar cells, solar modules, and photovoltaic ("PV") systems through our direct and indirect wholly owned subsidiaries. CRITICAL ACCOUNTING POLICIES AND ESTIMATES This discussion and analysis are based on our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires u...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements
Show all filings for PERFECTENERGY INTERNATIONAL LTD | Request a Trial to NEW EDGAR Online Pro Form 8-K for PERFECTENERGY INTERNATIONAL LTD 23-Jan-2009Entry into a Material Definitive Agreement, Financial Statements 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 info...Click here to read the whole Article (external link)
Perfectenergy International Signs 50 MW Solar Sales Contract With Abidas AG
SHANGHAI, China, Jan. 15, 2009 (GLOBE NEWSWIRE) -- Perfectenergy International Limited (OTC BB:PFGY.OB - News), a global manufacturer and marketer of customized and standard photovoltaic (``PV'') solar cells, modules and systems, today announced that its subsidiary, Perfectenergy (Shanghai) Co. Ltd., has entered into a sales contract valued at more than $150 million with Abidas AG of Germany, pursuant to which Abidas will purchase 50 MW of mono solar modules from Perfectenergy scheduled for delivery over the next four quarters of 2009. Perfectenergy's total PV module order-backlog since October 2008 exceeds $170 million for calendar year of 2009. Jack Li, chief executive officer of Perfectenergy commented: ``We are very pleased to announce our business relationship with Abidas, who is a well-known energy consultant and systems integrator based in Germany with significant projects throughout Europe. This contract demonstrates the growth potential of our photovoltaic module product line.''The photovoltaic modules will be manufactured at Perfectenergy's 60-megawatt factory in Shanghai, China. Prices reflect market conditions and are fixed until June 2009 when they will be fixed again based on market developments. Perfectenergy currently has fixed sufficient silicon supplies for meeting its production demands for 2009.The multibillion-dollar photovoltaic industry has thrived in recent years as the solar market has expanded in Japan, Germany, Spain, and the United States. According to the European Photovoltaic Industry Associ...Click here to read the whole Article (external link)
PERFECTENERGY INTERNATIONAL LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements
Show all filings for PERFECTENERGY INTERNATIONAL LTD | Request a Trial to NEW EDGAR Online Pro Form 8-K for PERFECTENERGY INTERNATIONAL LTD 14-Jan-2009Entry into a Material Definitive Agreement, Financial Statements 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 info...Click here to read the whole Article (external link)
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