China Auto Logistics Inc. (CALI) insider have most recently took part in a trading activity. On Sep 23, 2017 Bright Praise Enterprises Ltd, 10% Owner bought 1,612,000 shares having total worth of $3,401,320 at the price of $2.11 per share, following the transaction a total of 4,908,280 shares owned by Bright Praise Enterprises Ltd.
Shares of China Auto Logistics Inc. (CALI) traded down 0.47% on Sep 22, 2017, hitting $2.11. 2,594 shares of the company’s stock traded hands. China Auto Logistics Inc. has a 52 week low of $1.02 and a 52 week high of $4.04. The company’s market cap is $12 million.
China Auto Logistics Inc. (CALI) last announced its earnings results on Nov 14, 2017. The company reported -0.23 earnings per share (EPS) for the quarter. The company had revenue of $125 million for the quarter During the same quarter in the previous year, the company posted -0.05 earnings per share. The company’s revenue for the quarter was up 30% on a year-over-year basis.
|earnings per share||-0.23||-0.08||-0.03||0.03||-0.12||0.00||-2.07||0.31||-0.56||-0.66|
China Auto Logistics Inc., formerly Fresh Ideas Media, Inc., was incorporated on February 22, 2005 in the State of Nevada. The Company operates through its wholly-owned subsidiary Ever Auspicious International Limited, a Hong Kong corporation and its wholly-owned subsidiary Tianjin Seashore New District Shisheng Business Trading Group Co. Ltd., a company established under the laws of the People’s Republic of China. The Company’s main business is to provide imported automobile sales and trading service and a web-based automobile sales and trading information platform to its customers. In addition to sales of imported automobiles, Shisheng, through its majority owned subsidiary Hengjia, provides customized services such as financing services and customs clearance, storage and nationwide delivery services to imported automobile distributors and agents as well as individual customers in China. Shisheng, through its majority owned subsidiary Ganghui, also operates two websites which provides subscribers with up-to-date sales and trading information for imported and domestically manufactured automobiles. The Company is currently the only one-stop service provider in Tianjin for Financing Services and Automobile Import Value Added Services. The Company conducts its sales operations of imported automobiles mainly through Shisheng and Zhengji. It is a general agent and wholesaler authorized by the Chinese government to import vehicles into the PRC. The Company sells approximately 25% of its vehicles to authorized dealers like Ford or Lexus as they are not able to import all models directly, 70% to free traders or wholesalers located in inland China or non-port cities, and 5% to government agencies and individual customers. The Company’s Financing Services include letter of credit issuance services, purchase deposit financing, and import duty advance services. The Company provides Financing Services to its customers using its facility lines of credit with its banks. The Company has a customer base in its Automobile Import Value Added Services. The Company has stable relationships with both Chinese domestic and foreign international manufacturers. The Chinese automobile market is competitive for both imported and domestically manufactured automobiles.
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