Taihua (TAIH)
market vs.
industry GROWTH & VALUE
| Trailing 12m | ||||
| PE Ratio (ttm) | 5.42 |
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| Price to Book Value | 0.23 |
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market vs.
industry QUALITY
| Year End 31st Dec | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | TTM | 2012E | 2013E | CAGR / Avg | |
| Revenue | CNYm | ||||||||||
| Operating Profit | CNYm | ||||||||||
| Net Profit | CNYm | ||||||||||
| EPS Reported | CNY | ||||||||||
| EPS Normalised | CNY | ||||||||||
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| Cash etc | CNYm | ||||||||||
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| Net Debt | CNYm | ||||||||||
| Book Value | CNYm | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | CNY | +12.9% | |||||||||
FINANCIAL BRIEF: For the six months ended 30 June 2012, Taihua plc revenues decreased 59% to RMB6.5M. Net loss totaled RMB721K vs. income of RMB3.8M. Revenues reflect Homoharringtonine segment decrease of 83% to RMB877K, Paclitaxel segment decrease of 63% to RMB2.2M. Net loss reflects Gain arising on revalution of biological decrease of 60% to RMB1.1M (income). Basic Earnings per Share excluding Extraordinary Items decreased from RMB0.05 to -RMB0.01. more »
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market vs.
industry RECENT HISTORY
| Latest interim period (ended 30th Jun '12) vs. prior year | ||||
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| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
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| No. of Analysts: |
Taihua plc is engaged in the development, production, distribution and sale of active pharmaceutical ingredients, namely paclitaxel and homoharringtonine, predominately for the use in the treatment of cancer and the development, production, distribution and sale of Traditional Chinese Medicine (TCM) products. It operates in three segments: Paclitaxel, Homoharringtonine, TCM products and Forsythia. Paclitaxel is extracted from the bark of the yew tree (Taxus), which is used in the treatments for cancer of the ovaries, breast, certain types of lung cancer, and a cancer of the skin and mucous membranes. Homoharringtonine is an alkaloid extracted from the branches and leaves of the Cephalotaxus tree, which is used for acute myeloid leukaemia and other cancers in China. TCM products include Gengnianan Tablet, Duzhong Pingya Tablet, Zaoren Anshen Keli, Bunao Anshen Tablet, Jiangzi Jianfei Tablet and Dabaidu Capsule. Forsythia is associated with the heart, lung and gall bladder meridians.
Directors: Yunwu Liu (CEO) 54, Chun Chai (Exec. Dir.) 61, Liyi Chen (Exec. Dir.) 51, Zhaoyang Ma (Exec. Dir.) 44,
No. of Employees: 113 No. of Shareholders: n/a
| Last Annual | December 31st, 2011 |
| Last Interim | June 30th, 2012 |
| Shares in Issue | 81,737,330 |
| Free Float | 23.2m (28.4%) |
| Sector | Healthcare |
| Industry | Pharmaceuticals |
| Index | FTSE Aim All Share, |
| Exchange |
London Stock Exchange (AIM) |
| Eligible for | an ISA? a SIPP? |
| Address | 3 Hardman Square,Spinningfields, XI'AN, 710077, China |
| Web | |
| Phone | +86 29 88326501 |
| Contact | Allan Piper (Financial Public Relations) |
| Auditors | PKF (UK) LLP |
| 3rd May | Change of Registered Office |
| 20th Mar | Trading Update |
| 4th Feb | Update on Forsythia Lease |
| 18th Dec '12 | Update on Lease |
| 19th Oct '12 | Forsythia Update |
| 25th Sep '12 | Half Yearly Report |
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