Company Quick10K Filing
Pingtan Marine Enterprise
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 79 $190
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-09 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-14 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-23 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-09 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-10 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-06 Quarter: 2014-06-30
10-Q 2014-05-07 Quarter: 2014-03-31
10-K 2014-03-10 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-02-06 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
8-K 2019-12-18 Shareholder Vote
8-K 2019-12-05 Officers, Exhibits
8-K 2019-11-08 Earnings, Regulation FD, Exhibits
8-K 2019-08-09 Earnings, Regulation FD, Exhibits
8-K 2019-05-09 Earnings, Regulation FD, Exhibits
8-K 2019-03-15 Earnings, Regulation FD, Exhibits
8-K 2019-03-08 Regulation FD, Exhibits
8-K 2019-03-05 Regulation FD, Exhibits
8-K 2018-12-27 Regulation FD, Exhibits
8-K 2018-11-20 Regulation FD, Exhibits
8-K 2018-11-20 Shareholder Vote
8-K 2018-11-08 Earnings, Regulation FD, Exhibits
8-K 2018-10-31 Regulation FD, Exhibits
8-K 2018-10-24 Regulation FD, Exhibits
8-K 2018-08-09 Earnings, Regulation FD, Exhibits
8-K 2018-08-03 Regulation FD, Exhibits
8-K 2018-07-17 Regulation FD, Exhibits
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-05-09 Earnings, Regulation FD, Exhibits
8-K 2018-05-03
8-K 2018-04-17 Regulation FD, Exhibits
8-K 2018-04-16 Regulation FD, Exhibits
8-K 2018-04-09 Regulation FD, Exhibits
8-K 2018-03-14 Earnings, Regulation FD, Exhibits
8-K 2018-03-05 Regulation FD, Exhibits
8-K 2018-01-24 Regulation FD, Exhibits
8-K 2018-01-10 Regulation FD, Exhibits
8-K 2018-01-04 Regulation FD, Exhibits

Pingtan Marine Enterprise Financials

PME Metrics, Comps, Filings

Annual | Quarterly

Business

Reference herein to the “Company,” “PME,” “we,” “our” or “us,” means Pingtan Marine Enterprise Ltd and includes its subsidiaries, unless the contest requires otherwise.

We are a marine enterprise group primarily engaging in ocean fishing through our operating subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., or Pingtan Fishing, which is organized in the People's Republic of China (“PRC”). We harvest a variety of fish species with many of our owned vessels or licensed vessels for which we have exclusive operating license rights. These vessels are located within the Indian Exclusive Economic Zone (“EEZ”), the Arafura Sea of Indonesia, the international waters of Atlantic and Pacific Oceans and the international waters of Indian Ocean. We provide high quality seafood to a diverse group of customers including distributors, restaurant owners and exporters in the PRC.

In June 2013, we expanded our fleet from 40 to 86 vessels through a purchase of 46 fishing trawlers. We began operating these vessels in the third quarter of 2013 and have been entitled to net profits from their operation. Each vessel carries a crew of 10 to 15 persons. These vessels have resulted in additional carrying capacity of approximately 45,000 to 50,000 tons of fish.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Pinnacle Foods (CIK) 377,837 29% 3.3 9% 6,435,162 4,003,632 3,153,913 910,558 603,685 929,668 3,055,449
Cellect Biotechnology (APOP) 345,599 0% 20,638 0 0 0 0 345,262
Fly Leasing (FLY) 344,131 0% -9.7 -0% 4,226,472 3,524,362 454,473 0 -6,507 -6,507 63,051
Synlogic (SYBX) 282,623 0% -3.3 -22% 214,945 34,122 2,600 0 -47,969 -46,020 153,623
Fronteo (FTEO) 280,038 0% 13,842,552 8,824,725 0 0 0 0 -281,719
Integrated Biopharma (INB) 261,841 12% 88.7 9% 19,790 17,897 49,977 6,221 1,688 3,055 271,019
First California Financial Group (FCAL) 248,137 6.4 0% 1,737,289 1,503,761 0 0 7,149 31,114 198,272
Pingtan Marine Enterprise (PME) 189,732 38% 15.9 5% 361,591 207,133 83,653 31,808 16,881 19,561 311,582
Alliance Healthcare Services (AIQ) 146,154 43% 6.1 3% 653,751 662,695 523,704 225,608 17,692 108,709 665,505
Sterling Real Estate Trust (SRET) 135,372 12% 12.1 3% 701,089 419,313 118,815 14,776 20,354 42,226 509,002
Meridian (MRBK) 115,326 2.8 1% 1,055,906 941,527 0 0 9,119 29,812 84,696
All Soft Gels (ASG) 111,547 71% -81.5 -2,619% 56 716 78 55 -1,463 -1,368 111,520
Newtek Business Services (NEWT) 102,397 50% 14.4 1% 203,186 119,953 38,166 19,019 2,644 6,825 97,995
AquaBounty Technologies (AQB) 61,340 14% -5.2 -32% 36,775 7,056 158 23 -11,942 -10,756 55,565
Arcturus Therapeutics (ARCT) 53,595 0% -4.8 -15% 44,419 38,065 4,350 0 -6,884 -6,712 32,213
Chart Acquisition (CACG) 37,032 -96.2 -1% 29,842 8,652 0 0 -414 -384 36,965
US Gold (USAU) 21,724 -2.5 -86% 8,772 384 0 0 -7,583 -7,147 18,185
1st Franklin Financial (FFC) 3,210 -0.2 7% 833,128 581,983 0 0 58,119 81,934 -17,598
Fidus Investment (FDUS)
Renn Fund (RCG)

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash13418,15712,7521,5782,9121,8211,967
Accounts Receivable50,00012,57511,32313,0136,307
Inventory9,09612,1232,3368,8113,5605,840
PP&E111,945109,98194,555122,197135,042199,571
Assets50,87350,333142,144249,030231,877226,472201,138246,962
Accounts Payable1,1829789174,30130,642
Long-Term Debt74,75257,49435,25039,13823,18630,817
Liabilities2,2624,970105,71199,77165,03886,76053,63395,402
Stockholders' Equity5,0005,000252,237149,259150,471125,038129,357132,667
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue122,6680020,54163,21064,256
Cost of Revenue75,040155,84163,47729,32941,12733,240
Gross Profit46,90877,586-2,776-8,78822,08331,017
R&D
SG&A4,8107,2114,7925,20510,8106,136
Tax000100
Net Income-3121,23597,39985,76119,558-14,67732,52014,813
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-780-29747,65133,92840,854-4,95068,43953,303
Cash Investing-50,256-16-335,642-35,862-66,187-13,081-43,556-55,707
Cash Financing51,00218131,3276,72423,8817,871-22,5971,443