PacificNet Inc. · Beijing China (Pink Sheets: PACT)
Key PacificNet Inc. Financials
| Company Type | Public -(Pink Sheets: PACT) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $19.0 |
| Employees | 15 |
PacificNet Inc. Income Statement
| Dec 07 | Dec 06 | Dec 05 | |
| Revenue | 19.0 | 42.7 | 44.3 |
| Cost of Goods Sold | 15.3 | 36.2 | 33.4 |
| Gross Profit | 3.7 | 6.5 | 10.9 |
| Gross Profit Margin | 19.5% | 15.3% | 24.6% |
| SG&A Expense | 13.5 | 12.2 | 5.8 |
| Depreciation & Amortization | 0.8 | 1.5 | 0.3 |
| Operating Income | (16.4) | (7.2) | 4.6 |
| Operating Margin | -86.5% | -16.8% | 10.3% |
| Nonoperating Income | (4.7) | (10.7) | 0.8 |
| Nonoperating Expenses | -- | -- | -- |
| Income Before Taxes | (16.1) | (19.1) | 5.6 |
| Income Taxes | 0.0 | 0.1 | 0.2 |
| Net Income After Taxes | (16.1) | (19.2) | 5.4 |
| Continuing Operations | (16.1) | (19.0) | 2.5 |
| Discontinued Operations | 1.9 | (1.1) | -- |
| Total Operations | (14.2) | (20.1) | 2.5 |
| Total Net Income | (14.2) | (20.1) | 2.5 |
| Net Profit Margin | -74.7% | -47% | 5.6% |
| Diluted EPS from Total Net Income | (1.19) | (1.78) | 0.23 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
PacificNet Inc. Balance Sheet
| Assets | Dec 07 | Dec 06 | Dec 05 |
| Current Assets | |||
| Cash | 3.8 | 1.9 | 9.6 |
| Net Receivables | 8.9 | 10.0 | 10.1 |
| Inventories | 0.7 | 0.2 | 1.8 |
| Other Current Assets | 3.1 | 5.0 | 9.6 |
| Total Current Assets | 16.4 | 17.0 | 31.1 |
| Net Fixed Assets | 5.3 | 4.7 | 4.3 |
| Other Noncurrent Assets | 3.0 | 20.1 | 15.2 |
| Total Assets | 24.7 | 41.9 | 50.6 |
| Liabilities | Dec 07 | Dec 06 | Dec 05 |
| Current Liabilities | |||
| Accounts Payable | 0.4 | 1.3 | 3.2 |
| Short-Term Debt | 6.0 | 10.2 | 1.7 |
| Other Current Liabilities | 6.8 | 5.9 | 5.7 |
| Total Current Liabilities | 13.2 | 17.4 | 10.6 |
| Long-Term Debt | 7.0 | 2.7 | 0.1 |
| Other Noncurrent Liabilities | 1.7 | 6.9 | 8.7 |
| Total Liabilities | 21.9 | 27.0 | 19.4 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 2.8 | 14.9 | 31.2 |
| Total Equity | 2.8 | 14.9 | 31.2 |
| Shares Outstanding (thou.) | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
PacificNet Inc. Cash Flow Statement
| Dec 07 | Dec 06 | Dec 05 | |
| Net Operating Cash Flow | (1) | (8) | 5 |
| Net Investing Cash Flow | 0.5 | (2.4) | (2.1) |
| Net Financing Cash Flow | 2.3 | 8.6 | 0.3 |
| Net Change in Cash | 2.0 | (1.6) | 2.8 |
| Depreciation & Amortization | 0.8 | 1.5 | 0.3 |
| Capital Expenditures | (1.0) | (2.6) | (2.3) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.