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CTXIF.OB

Started by sumfolio, April 14, 2010, 03:41:43 PM

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sumfolio

China Linen Textile Industry Ltd. (CTXIF.OB) is a fundamentally strong and profitable OTC-BB stock that we featured today on Sumfolio (link below).

Company Profile

China Linen Textile Industry Ltd. ("CTXIF" or the "Company") is a leading China-based manufacturer and distributor of linen products. The Company manufactures over 50 types of linen yarn and 100 varieties of linen fabric and products. Roughly 55% of CTXIF's production is exported to Europe, North America, the Middle East and South America with the remainder sold in China. The Company enjoys a 5% market share of China's total linen industry and ranks among the top 5 companies in China's linen textile industry. CTXIF has posted annual revenue and net profit growth of about 40% on average for the last five years. The Company is running its plants at peak utilization and still requires outsourced production to meet excess demand. With capacity additions expected in the next few years, we are projecting 20% year-over-year growth in the short-term and 15% year-over-year growth in the mid-term.

Investment Highlights


  • Net Income of $0.30/Share in 2009
  • Projected Net Income of $0.46/Share in 2010
  • 42% 5yr CAGR for Revenues and 44% 5yr CAGR for Net Income
  • Forward P/E of Less than 4x and PEG of Less than 0.5

Link to Our Analysis

Here's a link to our article on the company:
http://sumfolio.com/capitalize-on-chinas-textile-industry-with-cxtif-416/