Wonder Auto Technology, Inc. (WATG) news stock charts
Wonder Auto Technology, Inc. (WATG) Investment Summary:
We are a leading manufacturer of automotive electrical parts in China, specifically, alternators and starters. We have been producing alternators and starters in China since 1997. In 2006, we ranked second in sales revenue in the PRC market for automobile alternators and starters according to a report issued by the Automotive Electrical Component Commission of the China Automotive Society. We design, develop, manufacture and market our products for use in a variety of automobiles. We offer over 150 different models of alternators and over 70 different models of starters. Most of our products are used in domestic original equipment manufacturing, or OEM, market. In addition, we have begun to manufacture and sell rectifier and regulator products for use in alternators as well as various rods and shafts for use in shock absorbers, alternators and starters. We sell our products to automakers, engine manufacturers and, increasingly, auto parts suppliers. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f20%2f0001144204-08-010638.html#FIS_BUSINESS"www.watg.cn
WONDER AUTO TECHNOLOGY INC (WATG:NASDAQ)
LAST $10.75 USD
CHANGE TODAY -0.26 -2.36%
VOLUME 839.3K
As of 8:10 PM 03/17/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of WONDER AUTO TECHNOLOGY INC (WATG)
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OPEN
$11.05
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PREVIOUS CLOSE
$11.01
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DAY HIGH
$11.16
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DAY LOW
$10.37
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52 WEEK HIGH
10/21/09 - $15.78
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52 WEEK LOW
03/20/09 - $2.67
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MARKET CAP
364.0M
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AVERAGE VOLUME 10 D
608.6K
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EPS TTM
$0.84
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SHARES OUTSTANDING
33.9M
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WATG Does Not Pay Dividends
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P/E TTM
12.8x
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| K = Thousands M = Millions B = Billions | ||
Key developments for WONDER AUTO TECHNOLOGY INC (WATG)
Wonder Auto Technology, Inc. Presents at Halter Financial Summit 2010, Apr-07-2010 through Apr-09-2010
03/9/2010
Wonder Auto Technology, Inc. Presents at Halter Financial Summit 2010, Apr-07-2010 through Apr-09-2010. Venue: Pudong Shangri-la, Shanghai, China.
Wonder Auto Technology, Inc. expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on February 11, 2010).
02/11/2010
Wonder Auto Technology, Inc. expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on February 11, 2010).
Wonder Auto Technology, Inc. Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2009
02/11/2010
Wonder Auto Technology, Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2009. Sales revenue in 2009 rose to a record high of $211.0 million, which was a 49.5% increase from $141.2 million in 2008. Revenue from alternators and starters increased $27.8 million, and the sales of rod and shaft products contributed $21.2 million and engine valves valve tappets contributed $46.6 million to revenue. The increase was mainly attributable to the growing market demand for cost effective and high quality products. Income before income taxes and non-controlling interests increased $3.5 million, or 15.0%, to $27.1 million in 2009 from $23.5 million in 2008. Income before income taxes and non-controlling interests as a percentage of revenue was 12.8% in 2009. Net income attributable to Wonder Auto increased $3.9 million or 20.9% to $22.9 million in 2009 from $18.9 million in 2008. The Non-GAAP net income increased $4.4 million, or 22.5%, to $24.0 million in 2009 from $19.6 million in 2008. Non-GAAP EPS was $0.86 in 2009, without considering the non-cash stock-based compensation of $1.2 million incurred from the stock option plan. For the year, the company reported income from operations of $27.7 million, income before income taxes and non-controlling interests of $27.1 million, net income attributable to the company of $22.8 million, comprehensive income attributable to the company of $23 million or $0.82 per basic and diluted share on sales revenue of $211 million against income from operations of $23.2 million, income before income taxes and non-controlling interests of $23.5 million, net income attributable to the company of $19 million, comprehensive income attributable to the company of $23 million or $0.70 per basic share on sales revenue of $141.2 million reported a year ago. Net cash flows provided by operating activities were $18.1 million against $9.1 million a year ago. Payments to acquire and for deposit for acquisition of property, plant and equipment was $13 million against $17.3 million a year ago.
Wonder Auto Technology, Inc. financial resources
WATG Competitors
| Company | Last | Change |
| Denso Corp | ¥2,616 JPY | -15.00 |
| Mitsubishi Motors Corp | ¥123.00 JPY | 0.00 |
| Remy International Inc | $6.00 USD | -2.50 |
| Valeo SA | €25.93 EUR | -0.32 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | WATG | Industry Range |
| Price/Earnings | 13.1x |
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| Price/Sales | 1.6x |
Not meaningful
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| Price/Book | 1.9x |
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| Price/Cash Flow | 15.9x |
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| TEV/Sales | 0.9x |
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WATG |
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WATG transactions
| Type Date |
Target |
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Merger/Acquisition
January 18, 2010 |
Jinheng Automotive Safety Technology Holdings Ltd. |
More Recent Financial News About Wonder Auto Technology, Inc.
Wonder Auto to Present at ROTH 22nd Annual OC Growth Stock Conference
2010-03-11 07:45:05
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Monday March 8, 2010, 5:30 am EST/PRNewswire-Asia-FirstCall/ -- Wonder Auto
Technology, Inc. (: - , Track 4. For more information, please contactor your ROTH representative at (800) 933-6830. More
information about ROTH Capital Partners is available at
, Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ran...Read article
Wonder Auto to Present at ROTH 22nd Annual OC Growth Stock Conference
2010-03-09 07:57:25
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Monday March 8, 2010, 5:30 am EST/PRNewswire-Asia-FirstCall/ -- Wonder Auto
Technology, Inc. (: - , Track 4. For more information, please contactor your ROTH representative at (800) 933-6830. More
information about ROTH Capital Partners is available at
, Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ran...Read article
WONDER AUTO TECHNOLOGY, INC Files SEC form 10-K, Annual Report
2010-03-05 02:01:39
Quote: Read article
WONDER AUTO TECHNOLOGY INC Earnings Call scheduled for 8:00 am ET today
2010-03-04 05:28:05
Quote: Call DetailsWONDER AUTO TECHNOLOGY INC Earnings Conference Call (Q4 2009)Thu,
Feb 11, 2010, 8:00 am EasternAbout WONDER AUTO TECHNOLOGY INCWATG)Wonder Auto Technology, Inc., through its subsidiaries, engages in the business of designing, developing, manufacturing, and selling automotive electrical parts in China. It offers alternators, starters, engine valves, tappets, rods, shafts, rectifiers, regulator products, engine valves, and tappets. Wonder Auto Technology’s products are used in pas...Read article
Wonder Auto Technology, Inc. to Present at the Upcoming Rodman & Renshaw Annual China Investment Conference
2010-03-03 08:45:11
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Monday March 1, 2010, 5:46 am EST/PRNewswire-Asia-FirstCall/ -- Wonder Auto
Technology, Inc. (Nasdaq: -Investors who are interested in the Company may conduct one-on-one
meetings with the management at the conference by contacting the Rodman &
Renshaw conference team. For additional information regarding the conference,
please visit the link below: , Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufact...Read article
Wonder Auto Technology, Inc. to Present at the Upcoming Rodman & Renshaw Annual China Investment Conference
2010-03-01 06:49:32
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Monday March 1, 2010, 5:46 am EST/PRNewswire-Asia-FirstCall/ -- Wonder Auto
Technology, Inc. (Nasdaq: -Investors who are interested in the Company may conduct one-on-one
meetings with the management at the conference by contacting the Rodman &
Renshaw conference team. For additional information regarding the conference,
please visit the link below: , Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufact...Read article
China Stocks Outperforming Domestic Peers
2010-03-01 06:49:32
Quote: benchmarks fluctuated on economic data.Investors spent Friday morning digesting a fresh batch of late-week economic data, and while that has led to seesawing benchmarks, various Chinese segments are pushing ahead steadily.Chinese Agricultural Stocks Index is among the day's top performers, up by 4% on a notable spike in China AgritechCAGCNews).The stock is now more than 1500% above its 52-week low.Meanwhile, China Green AgricultureCGANews), Origin AgritechSEEDNews), and AgFeed IndustriesFEEDNews...Read article
Wonder Auto Reports Its Record Fourth Quarter and Full Year 2009 Financial Results
2010-02-22 02:52:32
Quote: Read article
Wonder Auto Announces Reporting Date for 2009 Financial Results
2010-02-19 04:55:10
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Thursday January 28, 2010, 8:00 am ESTInvestors can also listen to the conference call in real time by visiting, To access the listen-only audio webcast, visit the Wonder
Auto website at , Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ranked second and third in sales revenue in the Chinese market for
au...Read article
WONDER AUTO TECHNOLOGY, INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2010-02-15 04:27:49
Quote: ITEM 7.01.REGULATION FD DISCLOSURE.
On February 11, 2010, Wonder Auto Technology, Inc. (the "Company") issued a
press release announcing its 2009 earnings.The Company conducted a conference
call to discuss these results on February 11, 2010.A copy of the press
release, which the Company is furnishing to the Securities and Exchange
Commission, is attached as Exhibit 99.1 and incorporated by reference herein.
The information contained in this Current Report on Form 8-K and the exhibit
a...Read article
Wonder Auto Reports Its Record Fourth Quarter and Full Year 2009 Financial Results
2010-02-12 04:06:57
Quote: Read article
Chinese Auto Sales Could Explode Further In 2010
2010-02-04 03:14:15
Quote: An official from China's Ministry of Commerce said double-digit auto sales growth is possible this year.Reuters, General Motors plans to capitalize on the flourishing Chinese market with a new manufacturing facility after selling a record 1.83 million vehicles there last year.FordFNews) said sales at its Chinese joint venture surged by 128% year-over-year.Chinese Auto Parts Stocks Index rocketed higher in 2009 with individual stocks adding gains of more than 500%.CNBC stock picking guru Jim Cram...Read article
Wonder Auto Announces Reporting Date for 2009 Financial Results
2010-01-29 01:29:23
Quote: Press ReleaseSource: Wonder Auto Technology, Inc.On Thursday January 28, 2010, 8:00 am ESTInvestors can also listen to the conference call in real time by visiting, To access the listen-only audio webcast, visit the Wonder
Auto website at , Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ranked second and third in sales revenue in the Chinese market for
au...Read article
WONDER AUTO TECHNOLOGY, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and
2010-01-21 03:49:43
Quote: ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On January 18, 2010, Wonder Auto Technology, Inc.'s (the "Company") wholly-owned
subsidiary Wonder Auto Limited ("Wonder BVI") entered into an equity transfer
agreement (the "Wonder BVI Agreement") with Novophalt (China) Limited, a British
Virgin Islands corporation ("Novophalt"). On the same date, the Company's
wholly-owned subsidiary Yearcity Limited ("Yearcity") entered into a separate
equi...Read article
Wonder Auto Announces Strategic Acquisition of Auto Electronic Business with Tremendous Growth Potential
2010-01-20 02:18:07
Quote: Read article
InPlay: Wonder Auto Tech Motor to be Installed in Electrical Taxis
2010-01-05 01:07:20
Keywords: market update, investing education, financial advice, financial planning
Quote: Read article
Pioneer to the Auto Industry, Wonder Auto's Electric Motor to be Installed in Electrical Taxis
2010-01-05 01:07:20
Quote: Read article
The Christmas Rally is in Full Effect: Any Opportunities Still Left?
2009-12-24 04:00:30
Quote: Read article
Wonder Auto Technology Announces Employee Stock Option Awards
2009-12-01 04:43:28
Quote: Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ranked second and third in sales revenue in the Chinese market for
automobile alternators and starters in 2008, respectively. Wonder Auto's
products are used in a wide range of passenger and commercial automobiles with
special focus on the fast-growing small- to medium-...Read article
Wonder Auto to Present at Nomura Green Month Conference in Hong Kong
2009-11-30 03:29:07
Quote: Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc.,
through its Chinese subsidiaries, designs, develops, manufactures and sells
automotive electrical parts, suspension products and engine components. Wonder
Auto ranked second and third in sales revenue in the Chinese market for
automobile alternators and starters in 2008, respectively. Wonder Auto's
products are used in a wide range of passenger and commercial automobiles with
special focus on the fast-growing small- to medium-...Read article
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