(LFT)

Longtop Financial Technologies Limited

Close Price:
18.93

Change:
0.00

% Change:
0.00 %

Date:
8/16/2011

52 Week:
16.71 - 42.86

Prev Close:
18.93

Open:
0.00

Volume:
0

90D Avg. Volume:
11,917

8/16/2011 Range:
0.00 - 0.00

Market Cap:
1,080,335,100

Trailing PE Ratio:
-54.09

Shares Out:
57,070,000

EPS:
-0.35

Yield:
0.00

Dividend:
0.00

Dividend Date:
-

Quarter End:
3/31/2012

Longtop Financial Technologies Limited

Sector: Technology

Industry: Business Software & Services

Website: www.longtop.com

Business Summary: Longtop Financial Technologies Limited provides software and information technology (IT) services primarily to financial institutions in the People?s Republic of China. It engages in the development, licensing, and support of software solutions; and the provision of maintenance and support services, and system integration services related to the procurement and sale of third party hardware and software. The company offers channel-related solutions, such as automated teller machines (ATM), bank tellers, online banking, and customer relationship management (CRM); and business-related solutions, including international trade finance, payment and settlement, credit card operations, intermediary business, and core banking implementation. It also provides management-related solutions consisting of enterprise resources management, credit and risk management, office automation, human resource management, and regulatory reporting and compliance; and business intelligence solutions comprising decision support system, enterprise data warehouse, operational data storage, data mining, analytical CRM, reporting, and enterprise customer information facility solutions. In addition, the company offers other services, which include ATM maintenance services; system integration services; IT service management; and value-added consulting services regarding configuration and system change management, security management, crisis management, and IT asset management, as well as consulting and supplementary technology related services. It primarily serves banks and insurance companies. The company, formerly known as Latest New Technology Limited, was founded in 1996 and is based in Central, Hong Kong.


Level 19 Two International Finance Centre
8 Finance Street
Central, United States
P: 86 10 5804 9999
F: 86 10 6641 8118

LFT Earnings Calendar

Q1:
Apr
1
 -
Jun
30
Q2:
Jul
1
 -
Sep
30
Q3:
Oct
1
 -
Dec
30
Q4:
Jan
1
 -
Mar
31
Period Ending
 
Assets
Current Assets
Cash & Cash Equivalents
Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Assets
Property Plant & Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Asset Charges
Total Assets
Liabilities
Current Liabilities
Accounts Payable
Short/Current Long Term Debt
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Other Liabilities
Deferred Long Term Liability Charges
Minority Interest
Negative Goodwill
Total Liabilities
Stockholders' Equity
Misc Stock Options Warrants
Redeemable Preferred Stock
Preferred Stock
Common Stock
Retained Earnings
Treasury Stock
Capital Surplus
Other Stockholder Equity
Total Stockholder Equity
Net Tangible Assets
3/31/2010
 
 
 
$340,793
$0
$66,860
$6,381
$0
$428,001
$0
$26,343
$96,323
$50,740
$0
$3,334
$1,443
$606,184
 
 
$60,929
$169
$25,725
$86,823
$0
$22,517
$6,842
$0
$0
$116,182
 
$0
$0
$0
$562
$0
$0
$381,262
$19,636
$490,002
$342,939
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
42.7%
0.0%
112.1%
28.1%
0.0%
52.9%
0.0%
77.3%
287.8%
204.0%
0.0%
427.5%
(2.4%)
79.1%
 
 
117.7%
(65.2%)
60.7%
95.2%
(100.0%)
7,773.1%
450.9%
0.0%
0.0%
151.9%
 
0.0%
0.0%
0.0%
10.2%
0.0%
0.0%
56.8%
2.3%
67.6%
36.7%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
3/31/2009
 
 
 
$238,758
$0
$31,522
$4,982
$0
$279,974
$0
$14,858
$24,837
$16,693
$0
$632
$1,479
$338,473
 
 
$27,993
$486
$16,010
$44,489
$98
$286
$1,242
$0
$0
$46,115
 
$0
$0
$0
$510
$0
$0
$243,194
$19,203
$292,358
$250,828
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
13.0%
0.0%
38.4%
268.8%
0.0%
17.0%
0.0%
81.9%
66.0%
115.0%
0.0%
20.6%
501.2%
24.9%
 
 
36.2%
(5.1%)
29.2%
33.0%
(57.9%)
(35.7%)
(33.3%)
0.0%
0.0%
28.1%
 
0.0%
0.0%
0.0%
1.6%
0.0%
0.0%
3.6%
40.8%
24.5%
18.2%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
Period Ending
 
Assets
Current Assets
Cash & Cash Equivalents
Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Assets
Property Plant & Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Asset Charges
Total Assets
Liabilities
Current Liabilities
Accounts Payable
Short/Current Long Term Debt
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Other Liabilities
Deferred Long Term Liability Charges
Minority Interest
Negative Goodwill
Total Liabilities
Stockholders' Equity
Misc Stock Options Warrants
Redeemable Preferred Stock
Preferred Stock
Common Stock
Retained Earnings
Treasury Stock
Capital Surplus
Other Stockholder Equity
Total Stockholder Equity
Net Tangible Assets
3/31/2007
 
 
 
$73,315
$0
$20,947
$1,081
$0
$97,766
$0
$4,835
$9,112
$8,040
$0
$646
$33
$120,432
 
 
$8,693
$8,669
$10,327
$27,689
$219
$0
$617
$0
$0
$28,525
 
$0
$47,887
$0
$297
$0
$0
$19,120
$2,283
$44,020
$26,868
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
Period Ending
Net Income
Operating Activities
Depreciation
Adjustments To Net Income
Changes In Accounts Receivables
Changes In Liabilities
Changes In Inventories
Changes In Other Operating Activities
Total from Operating Activities
Investing Activities
Capital Expenditures
Investments
Other Investing Activities
Total from Investing Activities
Financing Activities
Dividends Paid
Sale Purchase of Stock
Net Borrowings
Other Financing Activites
Total from Financing Activities
Effect of Exchange Rate Changes
Change in Cash and Cash Equivalents
3/31/2010
$59,091
 
$7,817
$13,374
($35,427)
$24,961
($1,314)
($5,578)
$62,924
 
($12,970)
($8,441)
($81,844)
($94,814)
 
$0
$130,439
($415)
($4,845)
$125,179
$305
$93,594
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
35.9%
 
46.9%
184.8%
(365.4%)
564.2%
35.1%
3.1%
50.3%
 
(28.0%)
(234.6%)
(1,743.7%)
(550.5%)
 
0.0%
4,587.0%
50.4%
0.0%
6,516.2%
(93.4%)
177.2%
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
3/31/2009
$43,472
 
$5,321
$4,696
($7,612)
$3,758
($2,026)
($5,755)
$41,854
 
($10,136)
$6,270
($4,439)
($14,575)
 
$0
$2,783
($837)
$0
$1,892
$4,598
$33,769
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
1,385.2%
 
55.9%
(83.5%)
(310.1%)
(17.5%)
(1,588.3%)
(92.6%)
21.7%
 
(121.6%)
0.0%
25.9%
(38.0%)
 
100.0%
(98.1%)
91.5%
0.0%
(98.1%)
(52.8%)
(74.9%)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period Ending
Net Income
Operating Activities
Depreciation
Adjustments To Net Income
Changes In Accounts Receivables
Changes In Liabilities
Changes In Inventories
Changes In Other Operating Activities
Total from Operating Activities
Investing Activities
Capital Expenditures
Investments
Other Investing Activities
Total from Investing Activities
Financing Activities
Dividends Paid
Sale Purchase of Stock
Net Borrowings
Other Financing Activites
Total from Financing Activities
Effect of Exchange Rate Changes
Change in Cash and Cash Equivalents
3/31/2007
$768
 
$625
$315
($1,037)
($364)
$139
($1,182)
($736)
 
($417)
$0
($6,606)
($7,023)
 
$0
$0
($4,195)
$0
($4,195)
$555
($11,399)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period Ending
Total Revenue
Cost of Revenue
Gross Profit
Operating Expenses
Research Development
Selling General & Administrative
Non Recurring
Others
Total Operating Expenses
Operating Income or Loss
Income from Continuing Operations
Total Other Income/Expenses Net
Earnings Before Interest And Taxes
Interest Expense
Income Before Tax
Income Tax Expense
Minority Interest
Net Income From Continuing Ops
 
Non-recurring Events
Discontinued Operations
Extraordinary Items
Effect Of Accounting Changes
Other Items
Net Income
Preferred Stock And Other Adjustments
Net Income Applicable To Common Shares
3/31/2010
$169,057
$63,345
$105,712
 
$8,219
$34,949
$1,982
$0
$0
$60,562
 
$5,005
$65,567
$777
$64,790
$5,699
$0
$59,091
 
 
$0
$0
$0
$0
$59,091
$0
$59,091
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
59.0%
73.9%
51.3%
 
58.9%
72.0%
0.0%
0.0%
0.0%
36.4%
 
(7.7%)
31.6%
210.8%
30.7%
(6.3%)
0.0%
35.9%
 
 
0.0%
0.0%
0.0%
0.0%
35.9%
0.0%
35.9%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
3/31/2009
$106,296
$36,417
$69,879
 
$5,172
$20,320
$0
$0
$0
$44,387
 
$5,420
$49,807
$250
$49,557
$6,085
$0
$43,472
 
 
$0
$0
$0
$0
$43,472
$0
$43,472
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
59.4%
37.8%
73.6%
 
34.8%
(32.3%)
0.0%
0.0%
0.0%
593.9%
 
141.1%
476.1%
(71.8%)
538.7%
71.9%
0.0%
930.1%
 
 
100.0%
0.0%
0.0%
0.0%
1,385.2%
0.0%
1,385.2%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
Period Ending
Total Revenue
Cost of Revenue
Gross Profit
Operating Expenses
Research Development
Selling General & Administrative
Non Recurring
Others
Total Operating Expenses
Operating Income or Loss
Income from Continuing Operations
Total Other Income/Expenses Net
Earnings Before Interest And Taxes
Interest Expense
Income Before Tax
Income Tax Expense
Minority Interest
Net Income From Continuing Ops
 
Non-recurring Events
Discontinued Operations
Extraordinary Items
Effect Of Accounting Changes
Other Items
Net Income
Preferred Stock And Other Adjustments
Net Income Applicable To Common Shares
3/31/2007
$8,651
$3,354
$5,297
 
$341
$3,585
$0
$0
$0
$1,371
 
$78
$1,449
$102
$1,347
$579
$0
$768
 
 
$0
$0
$0
$0
$768
$0
$768