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    China America Holdings, Inc.vor Mega Kurssprung! - 500 Beiträge pro Seite

    eröffnet am 15.02.12 14:22:31 von
    neuester Beitrag 15.08.12 07:04:56 von
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      Avatar
      schrieb am 15.02.12 14:22:31
      Beitrag Nr. 1 ()
      China America Holdings, Inc.vor Mega Kurssprung!

      China America Holdings, Inc. (otcbb: CAAH) wechselt den Namen nach ervolgreichem R/S:1:400,in Ziyang Ceramics Corporation (otcbb: CAAHD)
      01/30/2012 (08:30 ET) http://www.knobias.com/story.htm?eid=3.1.3f4d48240e8d3a4c677…

      :eek:Und hier kam gestern der Finazdaten Report:eek:




      :eek:Nur 500000 Tausend Aktien im freine Markt:eek:




      Unde hier der kommplete Finazdaten Report vom 02/14/2012 (09:39 ET):cool:
      http://www.sec.gov/Archives/edgar/data/1093903/0001448788120…" target="_blank" rel="nofollow ugc noopener">http://www.sec.gov/Archives/edgar/data/1093903/0001448788120…


      Und hier ein Potential report vom Monday , December 19, 2011 10:18ET
      http://www.knobias.com/story.htm?eid=3.1.65062c0d764cf750ead…" target="_blank" rel="nofollow ugc noopener">http://www.knobias.com/story.htm?eid=3.1.65062c0d764cf750ead…


      Und hier ein Report von China Vesting nach der Big News vom Jul. 1, 2011

      http://www.chinavesting.com/top-china-stock-pick-articles/Ch…

      China America Holdings announced yesterday that it has entered into a definitive share exchange agreement to acquire a 100% equity stake in China Ziyang Technology Company for a combination of a convertible promissory note and common stock valued at approximately $16 million. Upon completion of the transaction and assuming full conversion of the note, the new acquisition will own approximately 79.6% of the then issued and outstanding shares of China America Holdings.

      As of May 20, 2011 China America had 200,710,792 shares of common stock issued and outstanding. Based on yesterday's company press release China Vesting calculates that 783,165,639 shares will be issued to China Ziyang, increasing the total number of shares outstanding to approximately 983,876,431. Based on yesterday's closing price of $0.018 the current market capitalization of the combined entity is $17,709,775.

      According to China America, China Ziyang's estimated pro forma net income for 2010 is $7.3 million. 2011 estimated net income is expected to be at least 20% higher which would be $8.76 million. The current valuation of China Ziyang is a trailing 2010 Price to Earnings Ratio of 2.42 and a 2011 forward Price to Earnings Ratio of 2.02.


      Gruss Capten
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      schrieb am 20.02.12 15:03:48
      Beitrag Nr. 2 ()
      Avatar
      schrieb am 24.02.12 19:08:13
      Beitrag Nr. 3 ()
      Spätestens bis zum 9.März wird ein endgültiges Symbol kommen was den Firmen Namen Ziyang Ceramics Corp. widerspiegelt Z.......:cool:
      Hier der Link zu den Daten http://app.quotemedia.com/quotetools/showFiling.go?webmaster…

      Wenn das abgeschlossen ist wird es erst interessant werden mit einer Neubewertung dieser Aktie:cool:


      Gruss Capten" target="_blank" rel="nofollow ugc noopener">http://app.quotemedia.com/quotetools/showFiling.go?webmaster…

      Wenn das abgeschlossen ist wird es erst interessant werden mit einer Neubewertung dieser Aktie:cool:


      Gruss Capten
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      schrieb am 08.03.12 08:52:39
      Beitrag Nr. 4 ()
      Morgäään:yawn:

      Gestern nachbörslich:cool:

      Our common stock is quoted on the OTC Bulletin Board currently under the symbol CAAH. In furtherance to the corporate name change of our company to Ziyang Ceramics Corporation as disclosed in our Current Report on Form 8-K as filed on January 27, 2012, the trading symbol of our common stock will change to ZYCI at the open of business on March 8, 2012.

      http://app.quotemedia.com/quotetools/showFiling.go?webmaster…

      Jetzt ist mit dem endgültigen Symbolwechsel der Transfer ab geschlossen:cool:

      Jetzt wird die Bestätigung des Jahresabschluss 2011 kommen,die bei weitem übertroffen werden,von 8,5Mil.$ auf über 10 Mil.$:cool:

      Ein Marktwechsel von der OTC an die NYS könnte auch noch möglich sein:cool:


      Gruss Capten
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      schrieb am 08.03.12 12:34:18
      Beitrag Nr. 5 ()
      das mit dem marktwechsel an die NYSE find ich lustig!!

      Trading Spotlight

      Anzeige
      Der Final Countdown: Hier heute noch rein!? Große Meldung angekündigt…mehr zur Aktie »
      Avatar
      schrieb am 08.03.12 15:54:06
      Beitrag Nr. 6 ()
      ZHUCHENG, CHINA -- (Marketwire) -- 03/08/12 -- Ziyang Ceramics Corp. (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, announced today that its trading symbol on the Over the Counter Bulletin Board has been changed to "ZYCI" effective March 8,2012.

      The new ticker symbol follows the Company's recent corporate name change to more accurately reflect its core business as a leading manufacturer of high quality interior porcelain tiles in China for use in residential and commercial applications. For more information about Ziyang Ceramics Corporation and to view our corporate video, please visit: www.ziyangcorp.com.

      http://www.knobias.com/story.htm?eid=3.1.54c07b27d7cbc80ab0b…
      Avatar
      schrieb am 29.03.12 13:21:14
      Beitrag Nr. 7 ()
      Hi all

      Bei weitem übertroffen,für 2011 waren $8.5 veranschlagt:cool:

      Net income for 2011 was $10.8 million, or a 49.1% increase, compared with $7.3 million in 2010.

      http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8164…



      Gruss Capten
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      schrieb am 29.03.12 13:26:09
      Beitrag Nr. 8 ()
      At March 21, 2012, we had 1,093,031 shares of our common stock issued and outstanding.
      Avatar
      schrieb am 29.03.12 15:18:52
      Beitrag Nr. 9 ()
      Ziyang Ceramics Reports Financial Results for the Year Ended December 31, 2011
      http://at.marketwire.com/accesstracking/AccessTrackingLogSer…

      ZHUCHENG, CHINA -- (Marketwire) -- 03/29/12 -- Ziyang Ceramics Corporation (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the year ended December 31, 2011.

      Revenue reached $43.1 million in 2011, up 38.7% from the $31.1 million recorded in 2010

      Operating Income reached $13.1 million, up 45.2% from the $9.0 million recorded in 2010

      Net Income for 2011 reached $10.8 million, up 49.1% from Net Income of $7.3 million recorded in 2010

      Financial Highlights

      For the full year of 2011, total revenues were $43.1 million, up 38.7% from the $31.1 million recorded in 2010. The increase in revenue was largely driven by a shift in sales mix toward our higher priced premium polycrystalline porcelain floor tiles introduced late in 2010 coupled with the launch of our new interior wall tile series in August of 2011. Gross profit rose by 36.5% to $14.8 million in 2011 compared to gross profit of $10.9 million achieved in 2010. Gross profit margin for 2011 was 34.4% compared to 34.9% in 2010 reflecting higher costs associated with the launch of the new interior wall tile series.

      Total operating expenses for the full year of 2011 were $1.7 million, down 6.6% from $1.8 million recorded in 2010. The decrease is primarily attributable to $0.3 million reduction in retirement insurance expense, partially offset by $0.1 million increase in salaries and selling expenses.

      For the full year of 2011 net income increased 49.1% to $10.8 million with 844,360 weighted average basic and diluted shares outstanding. This compares to net income of $7.3 million with 590,035 weighted average basic and diluted shares outstanding recorded in the same period in 2010. In January of 2012 the conditions were met for full conversion of two promissory notes into common stock of the company which will result in the issuance of approximately 8.9 million common shares. We issued these promissory notes in connection with our acquisition of Ziyang Ceramic Company Limited. After the issuance of the 8.9 million shares, we will have approximately 10 million common shares outstanding. If these shares are taken into account, our earnings per share would have been approximately $1.08 on 10 million common shares.

      Balance Sheet

      At December 31, 2011, total cash was $5.9 million, an increase of 21.0% from $4.9 million in total cash at December 31, 2010. Current assets were $14.2 million at December 31, 2011 compared to current assets of $11.0 million at December 31, 2010. Total shareholder equity increased to $21.7 million, up 63.4% compared to shareholder equity of $13.3 million at December 31, 2010.

      Commenting on the financial results for the full year of 2011, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "2011 was a year of significant growth and change for our company. In addition to achieving strong top and bottom line performance, we completed the launch of a new interior wall tile series to help set the stage for future growth. We are confident that as we head into 2012 we are well positioned to continue our growth with our growing distribution base and our product roadmap. We look forward to improving on our 2011 performance as we look to maximize the value of our company for the benefit of our stockholders."

      About Ziyang Ceramics Corporation

      Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.

      ZIYANG CERAMICS CORPORATION AND SUBSIDIARIES

      CONSOLIDATED BALANCE SHEETS

      December 31, December 31,
      2011 2010
      ------------- -------------

      ASSETS
      CURRENT ASSETS:
      Cash $ 5,871,256 $ 4,851,436
      Notes receivable 1,728,340
      Accounts receivable 554,744 455,004
      Inventories, net 2,629,125 2,550,636
      Loan receivable 3,148,466 3,085,393
      Prepaid expenses and other current assets 214,977 56,854
      Total Current Assets 14,146,908 10,999,323

      Restricted cash 544,481
      Property and equipment, net 16,067,234 10,536,945
      Long term prepaid expenses 2,796,828 2,760,746
      Other long term assets 236,181 172,864
      Total Assets $ 33,247,151 $ 25,014,359

      LIABILITIES AND SHAREHOLDERS' EQUITY
      CURRENT LIABILITIES:
      Loans payable-short term $ 5,588,527 $ 8,091,594
      Notes payable 544,481
      Notes payable-related party 1,007,420
      Accounts payable and accrued expenses 2,004,573 1,480,395
      Other payables 1,229,326 753,002
      Advances from customers 332,495 255,448
      Due to related party 559,325
      Taxes payable 525,851 357,874
      Derivative liability 24,777
      Total Current Liabilities 11,272,294 11,482,794

      Loans payable-long term 236,135 226,867

      Total Liabilities 11,508,429 11,709,661


      SHAREHOLDERS' EQUITY:
      Ziyang Ceramics Corporation Shareholders'
      equity
      Common stock, $.001 par value, 500,000,000
      shares authorized; 1,091,812 and 590,035
      shares issued and outstanding at December 31,
      2011 and 2010 1,092 590
      Additional paid-in capital 7,320,512 7,294,207
      Retained earnings 13,326,323 5,540,770
      Other comprehensive income 1,090,795 469,131
      Total Shareholders' Equity 21,738,722 13,304,698
      Total Liabilities and Shareholders' Equity $ 33,247,151 $ 25,014,359
      ============= =============



      ZIYANG CERAMICS CORPORATION AND SUBSIDIARIES

      CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

      Year Ended Year Ended
      December 31, December 31,
      2011 2010

      Net revenues $ 43,147,159 $ 31,101,051
      Cost of revenues 28,313,055 20,234,098
      Gross Profit 14,834,104 10,866,953

      Operating expenses:
      Selling expenses 212,508 171,631
      General and administrative expenses 1,486,358 1,646,333
      Total operating expenses 1,698,866 1,817,964

      Operating income (loss) 13,135,238 9,048,989

      Other (expenses) income:
      Interest income 403,091 79,844
      Interest expense (579,608) (407,031)
      Interest expense - related party (20,149)
      Gain from change in fair value of derivative
      liability 120,625 -
      Other expense (49,253) (939)
      Total other expenses (125,294) (328,126)
      Income (loss) before income taxes 13,009,944 8,720,863

      Income taxes 2,175,118 1,452,993

      Net Income $ 10,834,826 $ 7,267,870
      Comprehensive Income:
      Net Income $ 10,834,826 $ 7,267,870

      Foreign currency translation gain 621,664 439,537

      Comprehensive Income $ 11,456,490 $ 7,707,407

      Basic and diluted net income per common share: $ 12.83 $ 12.32

      Weighted average common shares outstanding -
      basic and diluted 844,360 590,035
      Avatar
      schrieb am 21.04.12 11:23:58
      Beitrag Nr. 10 ()
      Morgäään:yawn:

      Ich schätze die Neubewertung beginnt ;) +1,00 $ +33,33% :lick:

      http://www.wallstreet-online.de/aktien/ziyang-ceramics-aktie

      Das erste Quartal 2012 wird bei weitem übertroffen werden:cool:



      Gruss Capten
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      schrieb am 16.05.12 16:28:03
      Beitrag Nr. 11 ()
      ZHUCHENG, CHINA -- (Marketwire) -- 05/16/12 -- Ziyang Ceramics Corporation (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the first quarter ended March 31, 2012.
      http://www.knobias.com/story.htm?eid=3.1.c1231912dda41e5f101…
      First quarter 2012 revenue climbs to $11.4 million, up 52.5% from revenue of $7.5 million recorded in the first quarter of 2011:lick:

      First quarter 2012 operating income reaches $3.8 million, up 81.6% from $2.1 million recorded in the first quarter of 2011:lick:

      First quarter 2012 net income reaches $3.2 million or $0.42 per share on 7.5 million basic and diluted shares outstanding:lick:

      Financial Highlights:cool:

      For the first quarter of 2012, total revenues reached $11.4 million, up 52.5% from $7.5 million recorded in the first quarter of 2011. The increase in revenue was primarily driven by an increase in sales from of our new line of interior porcelain wall tiles launched in August of 2011 coupled with an increase in sales from our higher priced premium polycrystalline porcelain floor tiles. Gross profit in the first quarter of 2012 increased to $4.3 million, up by 63.3% from $2.6 million achieved in the first quarter of 2011. Gross profit margin increased to 37.8% in the first quarter of 2012, compared to 35.3% in the same period of 2011 primarily due to the increased sales of the higher margin premium polycrystalline floor tiles.

      Total operating expenses for the first quarter of 2012 decreased to $465,000, down 11.1% from $523,000 recorded in the same period in 2011. The decrease in operating expenses is largely due to a reduction in retirement insurance expenses and real estate tax expense, partially offset by an increase in employee welfare expenses.

      For the first quarter of 2012, net income rose to $3.2 million, up 82.1% from net income of $1.7 million recorded in the first quarter of 2011. Net margin in the first quarter of 2012 also increased to 27.7% from 23.2% recorded in the same period in 2011. In the first quarter of 2012 we achieved earnings per basic and diluted share of $0.42 on 7.5 million weighted average shares outstanding. This compares to earnings of $2.94 per basic and diluted share on 590,033 weighted average shares outstanding. The increase in the number of common shares outstanding in the first quarter of 2012 is a result of the full conversion in January 2012 of two outstanding promissory notes for a total of 8.9 million common shares. The two promissory notes were issued in connection with our acquisition of Ziyang Ceramic Company. As of the date of this release we have 10 million shares outstanding with no additional convertible securities outstanding, excluding those covered under existing company stock option and incentive plans.

      At March 31, 2012, total cash was $9.2 million, an increase of 56.9% from $5.9 million in total cash at December 31, 2011. Current assets were $15.9 million at March 31, 2012 compared to current assets of $14.1 million at December 31, 2011. Total shareholder equity increased to $24.9 million, up 14.5% compared to shareholder equity of $21.7 million at December 31, 2011.

      Commenting on the financial results for the first quarter of 2012, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "We are extremely pleased with our achievements in this quarter as we set the stage for the remainder of 2012. Our new products and higher end tile offerings are beginning to pay dividends for us as we increase sales margins and our bottom line results. We continue to grow our distribution base and expand our product offerings as we build for our future growth. We are confident that we have the right team and are in the right position to deliver strong top and bottom line growth throughout 2012. We look forward to building our company into one of the leading tile manufacturers in China as we look to maximize the value of our company for the benefit of our stockholders."

      About Ziyang Ceramics Corporation

      Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.

      Safe Harbor Statement

      Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the growth of our sales and distribution network and our expectations regarding new product development, revenues and earnings.

      We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011.

      Contact:
      Ziyang Ceramics Corporation
      U.S. Representative
      Pearl Group Advisors
      Dore Perler
      Tel:(954) 232-5363
      Email: Dore@PearlGroupAdvisors.com




      Gruss Capten
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      schrieb am 22.06.12 12:40:33
      Beitrag Nr. 12 ()
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      schrieb am 25.06.12 07:53:00
      Beitrag Nr. 13 ()
      Avatar
      schrieb am 27.06.12 14:37:25
      Beitrag Nr. 14 ()
      Ziyang Ceramics Corporation Sets Sights on Strong Second Quarter Performance With New Agreements in Place
      http://at.marketwire.com/accesstracking/AccessTrackingLogSer…

      CORAL SPRINGS, FL -- (Marketwire) -- 06/27/12 -- FN Media Group, LLC and its online brand, FinancialNewsMedia.com, is a leading provider of Financial Public Relations and Corporate News Dissemination Services for underserved companies in the microcap and small cap markets. FN Media Group provides its subscribers with news-worthy newsletters, profiles & reports on U.S. trading companies with substantial upside potential. FinancialNewsMedia.com has initiated extensive coverage for Ziyang Ceramics Corporation (OTCBB: ZYCI).

      Recent Release Highlights for ZYCI:

      Ziyang Ceramics Corporation (OTCBB: ZYCI) issued a news headline that it signed Ten New OEM Distribution Agreements in the Second Quarter of 2012 Collectively Requiring Minimum Sales of $1.3 Million per Month. The Company has signed 10 new distribution agreements with distributors in Shandong and Jiangsu provinces of China thus far in the second quarter of 2012. The new distribution agreements collectively call for minimum sales orders of approximately $1.3 million per month. Ziyang received a total of approximately $160,000 from the ten distributors as a refundable cash deposit provided they meet certain minimum sales targets. This outstanding news follows up recent financial report for ZYCI for the first quarter of 2012 that stated net revenues topped $11.4 million, an increase of 52.5% compared to the same period in 2011 and net income for the quarter ended March 31, 2012 increased 82.1% to $3.2 million compared with the same period in 2011.

      To read the entire press release issued for ZYCI that includes the full company disclosures please go to http://www.financialnewsmedia.com/stock-investing-business-i…
      Avatar
      schrieb am 06.07.12 13:26:43
      Beitrag Nr. 15 ()
      New ZYCI video press release. Look for our continued coverage of Ziyang Ceramics Corporation next week.

      http://www.youtube.com/watch?v=uMIURY65CzE ;)

      Disclaimer:

      FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

      This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed for Ziyang Ceramics Corporation (OTCBB: ZYCI), FNMG expects to be compensated five thousand dollars by a non-affiliated third party which may hold shares in ZYCI, for news dissemination services & outreach coverage. FNMG HOLDS NO SHARES OF Ziyang Ceramics Corporation (OTCBB: ZYCI).
      Avatar
      schrieb am 25.07.12 10:10:19
      Beitrag Nr. 16 ()
      Ziyang Ceramics Provides Financial Guidance for 2012
      http://at.marketwire.com/accesstracking/AccessTrackingLogSer…

      ZHUCHENG, CHINA -- (Marketwire) -- 07/24/12 -- Ziyang Ceramics Corporation (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, today provided management's financial guidance for the 2012 second quarter and full year ending December 31, 2012.

      For the second quarter of 2012, management sees total revenue ranging between $13.5 million and $15.0 million and net income exceeding $3.5 million with approximately 10 million shares of common stock issued and outstanding. This represents a substantial improvement in overall financial performance, both sequentially as well as to the comparable quarter in 2011. Additionally, based on our strong performance thus far in 2012 and the outlook for the remainder of the year, management sees revenue for the full year of 2012 exceeding $55 million with net income exceeding $14 million, or EPS of $1.40 based on the current 10 million shares outstanding. For the full year of 2011, Ziyang recorded revenue of $43.1 million with net income of $10.8 million.

      Commenting on the financial guidance, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "We continue to see a strong business environment for our company as we move through the remainder of this year. We believe our sales efforts to expand our distribution base will enable us to further the growth of our business for the foreseeable future. We look forward to achieving our financial goals for 2012 as we continue to expand our distribution and production capabilities in the coming years."
      Avatar
      schrieb am 15.08.12 07:04:56
      Beitrag Nr. 17 ()
      Ziyang Ceramics Reports Financial Results for the Second Quarter Ended June 30, 2012
      Tuesday , August 14, 2012 08:30ET

      ZHUCHENG, CHINA -- (Marketwire) -- 08/14/12 -- Ziyang Ceramics Corporation (OTCBB: ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the second quarter ended June 30, 2012.

      Second quarter 2012 revenue climbs to $14.4 million, up 45.6% from revenue of $9.9 million recorded in the second quarter of 2011
      Second quarter 2012 net income reaches $4.0 million, up 76.1% from $2.3 million recorded in the second quarter of 2011
      Gross margin climbs to 37.6% and net margin reaches 27.8% in the second quarter of 2012
      Basic and diluted EPS reached $0.82 for the first six months of 2012 on 9 million weighted average shares outstanding

      Financial Highlights
      For the second quarter of 2012, total revenues reached $14.4 million, up 45.6% from $9.9 million recorded in the second quarter of 2011. The increase in revenue was primarily driven by the increase in sales from our new line of interior porcelain wall tiles launched in August of 2011. Gross profit in the second quarter of 2012 increased to $5.4 million, up by 54.8% from $3.5 million achieved in the second quarter of 2011. Gross profit margin increased to 37.6% in the second quarter of 2012, compared to 35.4% in the same period of 2011 primarily due to the higher sales of our premium polycrystalline floor tiles where gross margin reached 42%. Overall net margin in the second quarter of 2012 increased to 27.8%, up from 23.0% recorded in the same period in 2011. Total operating expenses for the second quarter of 2012 decreased to $531,000, down 13.4% from $613,000 recorded in the same period in 2011. The decrease in operating expenses is primarily due to a reduction in retirement insurance expense.

      For the second quarter of 2012, net income rose 76.1% to $4.0 million with earnings per basic and diluted share of $0.40 on 10 million weighted average shares outstanding. This compares to net income of $2.3 million recorded in the second quarter of 2011with earnings of $3.83 per basic and diluted share on 590,000 weighted average shares outstanding. The increase in the number of common shares outstanding in 2012 is a result of the issuance of 8.9 million shares in May of 2012 upon full conversion of two outstanding promissory notes we issued in connection with our acquisition of Ziyang Ceramic Company.

      For the first six months, total revenues reached $25.8 million, up 48.6% from $17.3 million recorded in the same period in 2011. Net income for the first six months totaled $7.1 million, an increase of 78.7% from $4.0 million recorded for the six month period in 2011. We recorded earnings per basic and diluted share of $0.82 for the first six months of 2012 on 9 million weighted average shares outstanding.

      At June 30, 2012, total cash was $5.8 million after the payment of $5.1 million in long term prepaid rent for 24 acres of land we plan to use for additional facility expansion and the repayment of approximately $2.6 million in loans outstanding. This compares to cash and cash equivalents of $5.9 million at December 31, 2011. Current assets were $14.2 million at June 30, 2012 compared to current assets of $14.1 million at December 31, 2011. Total shareholder equity increased by 33.5% to $29.0 million, compared to shareholder equity of $21.7 million at December 31, 2011.

      Commenting on the financial results for the second quarter and six months of 2012, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "We are extremely pleased with our performance this quarter as we continue to meet or exceed our sales targets while increasing margins and controlling expenses. We have further strengthened our distribution base in the second quarter as our interior and higher-end tiles continue to be well received in our end markets. We are confident in our ability to build on our strong performance in the first half of 2012 and we believe our investments for the future for facility expansion will enable us to expand for the foreseeable future as we look to opportunistically grow our business. We continue to see our full year 2012 revenue exceeding $55 million with $14 million in net income. Our entire team is working diligently to further our growth in the coming quarters and years to help us maximize the value of our company for the benefit of our shareholders."

      About Ziyang Ceramics Corporation
      Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.

      Safe Harbor Statement
      Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the growth of our sales and distribution network and our expectations regarding sales of our new product line, the proposed expansion of our manufacturing facility, revenues, margins, expenses and earnings.

      We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011.

      Contact:
      Ziyang Ceramics Corporation
      U.S. Representative
      Pearl Group Advisors
      Dore Perler
      Tel:(954) 232-5363
      Email:Dore@PearlGroupAdvisors.com


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