Monday, September 7, 2015

The 19 Largest Chinese Companies Reporting in US$s With the US SEC Total Audited Earnings Growth Reverses in 2014 ..... 2014 Total Earnings Down 30% From 2013, Which Were Up 64% From 2012, Which Were Up 105% From 2011

From a review of the superb Google Finance Website and the US SEC Website, I found 19 Companies headquartered in China which filed their financial statements with the US SEC in US$s since the US$ was their functional currency and with Stock Market Capitalizations of at least US$1 bil.

These 19 Chinese Companies saw their explosive Total Audited Earnings growth of 105% in 2012 over 2011 decelerate to 64% growth in 2013 over 2012.  But then it got much worse with Total Audited Earnings in 2014 being 30% below that earned in 2013.
 
Below here are the reported Audited Earnings (Losses) for each of  these 19 Chinese Companies for all years reported from 2011 through 2014, presented by Market Cap:

2014 2013 2012 2011


2014 Audited Audited Audited Audited

Most Net Net Net Net
China Largest Companies City Recent Profit Profit Profit Profit
Filing With US SEC in US$s HQs FYE (Loss) (Loss) (Loss) (Loss)


mils US$s mils US$s mils US$s mils US$s







Vipshop Holdings Ltd Guangzhou  Dec14             123              52               (9)           (107)
Qihoo 360 Technology Co Ltd Beijing  Dec14             216              98              46              15
58.com Beijing  Dec14               23              20             (30)             (83)
Semiconductor Manufacturing Intl Shanghai  Dec14             126            174              23           (262)
New Oriental Education & Tech Group Beijing  May15             191            216            137            136
WuXi Pharma Tech (Cayman) Shanghai  Dec14             112            115              87              81
Mindray Medical International Ltd Shenzhen  Dec14             199            231            182            167
Weibo Corp Beijing  Dec14              (63)             (38)           (102)           (118)
SouFun Holdings Ltd Beijing  Dec14             253            299            152            102
China Biologic Products Beijing  Dec14             212            238            195            136
Tal Education Group Beijing  Feb15               67              61              33              24
Momo Inc Beijing  Dec14              (25)               (9)               (4)  NA 
Sohu.com Beijing  Dec14            (171)            167            177            228
China Xingbang Industry Group Inc Guangzhou  Dec14                (3)               (3)               (2)               (0)
Jumei International Holding Ltd Beijing  Dec14               66              25                8               (4)
Moxian Inc Shenzhen  Sep14                (5)               (0)               (0)               (0)
Noah Holdings Limited Shanghai  Dec14               75              53              23              24
iKang Healthcare Group Inc Beijing  Mar15               27              22              12              10
Changyou.com Beijing  Dec14              (21)            286            294            248







Total all 19

        1,402         2,007         1,222            597







Earnings % Change:





….. 2014 vs 2013

-30%


….. 2013 vs 2012

64%


….. 2012 vs 2011

105%






Posted by at