WATG Wonder Auto Technology, Inc. featured news, full reports, and detailed charts
Wonder Auto Technology, Inc. (WATG) Wrap Up:
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"Wonder Auto Technology, Inc. (WATG:NASDAQ)
Snapshot of Wonder Auto Technology, Inc. (WATG)
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OPEN
$11.18
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PREVIOUS CLOSE
$11.23
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DAY HIGH
$11.55
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DAY LOW
$11.06
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52 WEEK HIGH
10/21/09 - $15.78
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52 WEEK LOW
01/23/09 - $2.04
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MARKET CAP
373.1M
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AVERAGE VOLUME 3 mo
1.1M
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DILUTED EPS TTM
$0.76
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SHARES OUTSTANDING
33.0M
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WATG Does Not Pay Dividends
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P/E TTM
15.0x
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| K = Thousands M = Millions B = Billions | ||
related news
WATG Top Compensated Officers
Executives, Board Directors
Key developments for Wonder Auto Technology, Inc. (WATG)
Wonder Auto Technology Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the period, the company reported net income attributable to common stockholders of $6,507,021 or $0.24 per basic and diluted share on sales revenue of $58,961,604 against net income attributable to common stockholders of $6,353,538 or $0.24 per basic and diluted share on sales revenue of $39,265,821 for the same period a year ago. Income from operations of $8,792,150 compared to $6,780,022 for the same period a year ago. Income before income taxes and noncontrolling interests of $7,856,933 compared to $7,594,228 for the same period a year ago. Net income before noncontrolling interests of $6,917,311 compared to $6,961,658 for the same period a year ago. Non-GAAP net income of $6,900,000 or $0.26 per basic and diluted share compared to $5,500,000 or $0.20 per basic and diluted share for the same period a year ago. The increase in sales revenue was mainly attributable to the $12,900,000 in additional revenues generated in the third quarter of 2009 by recently acquired subsidiary, Jinan Worldwide and increased sales volume of starter and alternator products in the third quarter of 2009 due to the high market demand. For the nine months, the company reported net income attributable to common stockholders of $17,054,283 or $0.63 per basic and diluted share on sales revenue of $148,588,838 against net income attributable to common stockholders of $15,605,221 or $0.58 per basic and diluted share on sales revenue of $107,041,424 for the same period a year ago. Income from operations of $22,385,625 compared to $19,318,311 for the same period a year ago. Income before income taxes and noncontrolling interests of $20,450,757 compared to $19,250,633 for the same period a year ago. Net income before noncontrolling interests of $17,958,106 compared to $17,390,820 for the same period a year ago. Net cash flows provided by operating activities of $11,112,983 compared to $3,098,845 for the same period a year ago. The company project approximately $208 million sales revenue and $23 million net income attributable to common stockholders for the whole year ended December 31, 2009.
Wonder Auto Technology, Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).
Wonder Auto Technology, Inc., Q3 2009 Earnings Call, Nov-02 2009
WATG Competitors
| Company | Last | Change |
| Denso Corporation | ¥2,380 JPY | -50.00 |
| Mitsubishi Motors Corporation | ¥118.00 JPY | -4.00 |
| Remy International Inc | $3.44 USD | 0.00 |
| Valeo | €19.28 EUR | -0.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | WATG | Industry Range |
| Price/Earnings | 15.0x |
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| Price/Sales | 1.7x |
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| Price/Book | 2.6x |
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| Price/Cash Flow | 18.3x |
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| TEV/Sales | 1.5x |
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WATG |
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WATG transactions
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| No transactions in the last 6 months. | ||
More Recent News About Wonder Auto Technology, Inc.
More news for WATG
WONDER AUTO TECHNOLOGY, INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue58,962 49,651 39,976 34,148 Cost of Revenue45,007 37,432 29,882 25,511 Gross Profit13,954 12,219 10,094 8,637 Operating ExpensesResearch Development488 465 456 520 Selling General and Administrative4,675 4,271 3,529 4,271 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss8,792 7,484 6,109 3,846 Income from Continuing OperationsTotal Other Income/Expenses Net118 1,003 206 635 Earnings Before Interest And Taxes8,910 8,487 6,315 4,762 Interest Expense1,053 2,208 - 468 Income Before Tax7,857 6,279 6,315 4,293 Income Tax Expense940 633 920 315 Minority Interest(410)(494) - (675)Net Income From Continuing Ops6,507 5,152 5,395 3,304 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - -...Click here to read the whole Article (external link)
WONDER AUTO TECHNOLOGY, INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for WONDER AUTO TECHNOLOGY, INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for WONDER AUTO TECHNOLOGY, INC 2-Nov-2009Regulation FD Disclosure, Financial Statements and Exhibits 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 provid...Click here to read the whole Article (external link)
WONDER AUTO TECHNOLOGY, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and
Show all filings for WONDER AUTO TECHNOLOGY, INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for WONDER AUTO TECHNOLOGY, INC 9-Nov-2009Entry into a Material Definitive Agreement, Financial Statements and 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...Click here to read the whole Article (external link)
Wonder Auto Announces Closing of Follow-on Public Offering
JINZHOU CITY, China, Nov. 16 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG - News; "Wonder Auto" or the "Company"), a leading manufacturer of automotive electric parts, suspension products and engine components in China, today announced the closing of a follow-on offering of 6.0 million shares of common stock at a public offering price of $10.75 per share. In connection with this offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock. The Company received aggregate net proceeds of approximately US$59.2 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, not including the overallotment option. The Company plans to use the net proceeds of the offering for general corporate purposes, including expanding capacity at its existing facilities and investing in new businesses, products and technologies, both through acquisitions and capital programs, funding its ongoing operating and working capital expenses and repaying indebtedness.Piper Jaffray & Co., Jefferies & Company and Oppenheimer & Co. Inc. acted as joint bookrunning managers of the offering, and Roth Capital Partners acted as a co-manager.This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful....Click here to read the whole Article (external link)
WONDER AUTO TECHNOLOGY, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and
Show all filings for WONDER AUTO TECHNOLOGY, INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for WONDER AUTO TECHNOLOGY, INC 17-Nov-2009Entry into a Material Definitive Agreement, Financial Statements and 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 informatio...Click here to read the whole Article (external link)
Wonder Auto raises $59.2M in public offering
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems 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. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)