(CNAM)

China Armco Metals, Inc.

Close Price:
0.57

Change:
-0.01 Stock Price Decrease0.01

% Change:
-0.0172413793103448275862068966 Stock Price Decrease1.72 %

Date:
2/1/2012

52 Week:
0.25 - 3.30

Prev Close:
0.58

Open:
0.59

Volume:
141,519

90D Avg. Volume:
97,767

2/1/2012 Range:
0.53 - 0.61

Market Cap:
8,686,800

Trailing PE Ratio:
-2.48

Shares Out:
15,240,000

EPS:
-0.23

Yield:
0.00

Dividend:
0.00

Dividend Date:
-

Quarter End:
3/31/2012

China Armco Metals, Inc.

Sector: Services

Industry: Basic Materials Wholesale

Business Summary: China Armco Metals, Inc., through its subsidiaries, imports, sells, & distributes metal ores & non-ferrous metals to the metal refinery industry in China. The company imports metal ores from suppliers in Brazil, India, South America, Oman, Turkey, Iran, Libya, Nigeria, Indonesia, and the Philippines, and resells the metal ores in China. It sources a range of raw materials, which include iron ore, coal, chrome ore, nickel ore, copper ore, scrap metal, & manganese ore. The company sells its products to steel producing mills, steelmakers, and foundries, as well as to brokers who aggregate materials for other users. It also engages in the recycling of scrap steel. The company was founded in 2001 and is based in San Mateo, California.

Armco & its Subsidiaries

ARMCO & METAWISE: in the past 3 years, they have supplied approx 5 million tons of iron ore, & around 300,000 tons of other steel raw materials to China. They have established cooperative relationships with numerous domestic steel enterprises, including: Anyang Iron & Steel, Anyang Yongxing Iron & Steel, Rizhao Iron & Steel, Laiwu Iron & Steel, Hubei Ezhou Iron & Steel, Changzhou Longxiang Iron & Steel, Jiangsu Shagang Grp, Shanxi Licheng Iron & Steel & Tianjin Steel Tube.

Henan Armco: is a professional global distribution company specialized in the foreign trade of mineral products. Henan Armco has expanded its business to metal products & raw materials, such as steel scrap, nonferrous metals, burnt carbon, chemical products, building materials, iron ore, manganese ore, chrome ore, ferrosilicon, ferromanganese, metal silicon, silicon manganese alloy, silicon calcium alloy, & other similar products. It exports its products to the U.S., Australia, Japan, Korea, India, & more than ten countries.

Armet Renewable Resource: was established in January of 2007. It is invested by Armco & Metawise for annual output of 2 Million Tons Regenerate Metal Construction Project.


One Waters Park Drive
Suite 98
San Mateo, CA 94403 United States ,
P: 650-212-7620
F: 650-212-7630

CNAM Earnings Calendar

Q1:
Jan
1
 -
Mar
31
Q2:
Apr
1
 -
Jun
30
Q3:
Jul
1
 -
Sep
30
Q4:
Oct
1
 -
Dec
31

Thursday, April 01, 2010


China Armco Reports 2009 Results and 2010 Guidance

China Vesting first featured China Armco Metals (CNAM) on March 22 with the stock closing that day at $8.25 per share. China Vesting reconstituted its family of U.S. listed Chinese Public Company indexes by, adding CNAM to the China Tiger Small and Mid Cap Index, China Armco Metals is a leader in importing, sales, and distribution of metal ores and non-ferrous metals to the metal refinery industry in China. We decided to add China Armco to the China Tiger Small & Mid Cap Index after the company was approved for listing on the NYSE Amex and following an announcement of a contract valued up to $100 Million to supply a major Chinese steel producer with up to 230,000 tons of scrap steel in 2010. In the short time since we upgraded the company there has been some very positive news coming out of China Armco. Subsequently, the stock has traded above the $9.50 level twice in the past seven trading days. China Vesting believes that with the stock at or the near $9.00 levels that shares of the company are still a bargain.

Tuesday, March 23, 2010


China Armco Metals Secures Potential $180 Million Contract

China Armco Metals (CNAM), a recent addition to the China Vesting Tiger Mid & Small Cap Index, made a major announcement today before the market open. Armco & Metawise (H.K.), Ltd., the Company's wholly owned subsidiary, has entered into a contract to purchase 749,000 metric tons of Brazilian manganese ore fines over the next 16 months which could result in sales of up to $180 million over the contract period based on current market prices for manganese ore of this type.

Monday, March 22, 2010


Good Things Come to Those Who Wait, China Armco Metals Becomes a Tiger

In the case of China Armco Metals (CNAM), the “good things” turned out to be incredible gains over the past few weeks after a very long period of dormancy. China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout China and has entered the recycling business with the Company's acquisition of 22 acres of land for the construction and operation of a one million ton per year shredder and recycler of metals.

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
12/31/2009
 
 
 
$744
$0
$28,391
$496
$0
$37,827
$0
$19,643
$0
$2,158
$0
$0
$0
$59,628
 
 
$10,835
$19,215
$2,453
$32,503
$10,000
$0
$0
$0
$0
$42,503
 
$0
$0
$0
$10
$0
$0
$2,557
($379)
$17,125
$14,967
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
(77.1%)
0.0%
69.8%
151.8%
0.0%
56.1%
0.0%
726.0%
0.0%
(2.3%)
0.0%
0.0%
0.0%
106.9%
 
 
35.4%
559.4%
(6.2%)
140.2%
0.0%
0.0%
0.0%
0.0%
0.0%
214.1%
 
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
(63.2%)
(202.7%)
12.0%
14.4%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
12/31/2008
 
 
 
$3,254
$0
$16,722
$197
$0
$24,234
$0
$2,378
$0
$2,209
$0
$0
$0
$28,820
 
 
$8,003
$2,914
$2,614
$13,531
$0
$0
$0
$0
$0
$13,531
 
$0
$0
$0
$10
$0
$0
$6,943
$369
$15,289
$13,080
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
YoY
 
 
 
162,600.0%
0.0%
0.0%
0.0%
0.0%
1,211,600.0%
0.0%
8,392.9%
0.0%
0.0%
0.0%
0.0%
0.0%
99,279.3%
 
 
39,915.0%
0.0%
0.0%
67,555.0%
0.0%
0.0%
0.0%
0.0%
0.0%
67,555.0%
 
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
46,186.7%
0.0%
169,777.8%
145,233.3%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
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
6/30/2010
 
 
 
$3,165
$3,657
$12,027
$3,813
$0
$32,259
$0
$30,306
$0
$2,144
$0
$0
$0
$64,709
 
 
$12,368
$0
$1,280
$13,648
$8,201
$0
$0
$0
$0
$21,849
 
$0
$0
$0
$15
$0
$0
$28,375
($272)
$42,860
$40,715
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
QoQ
 
 
 
(33.2%)
0.0%
(34.3%)
93.7%
0.0%
25.6%
0.0%
188.4%
0.0%
1.9%
0.0%
0.0%
0.0%
69.0%
 
 
(27.8%)
0.0%
(46.9%)
(30.1%)
0.0%
0.0%
0.0%
0.0%
0.0%
11.9%
 
0.0%
0.0%
0.0%
50.0%
0.0%
0.0%
306.6%
(187.5%)
128.4%
144.4%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
3/31/2010
 
 
 
$4,125
$0
$13,407
$38
$0
$27,284
$0
$25,158
$0
$2,147
$0
$0
$0
$54,589
 
 
$13,723
$2,194
$2,921
$18,838
$8,618
$0
$0
$0
$0
$27,456
 
$0
$0
$0
$12
$0
$0
$13,018
($886)
$27,133
$24,986
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
QoQ
 
 
 
(3.1%)
0.0%
(26.0%)
(97.9%)
0.0%
10.4%
0.0%
636.3%
0.0%
(0.7%)
0.0%
0.0%
0.0%
80.2%
 
 
7.3%
0.0%
40.2%
26.7%
0.0%
0.0%
0.0%
0.0%
0.0%
84.6%
 
0.0%
0.0%
0.0%
20.0%
0.0%
0.0%
86.8%
(358.3%)
76.0%
88.5%
  
 
 
 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
  
  
  
 
  
  
  
  
  
  
  
  
  
  
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
12/31/2009
$5,124
 
$121
$177
($11,573)
$2,888
($299)
($3,364)
($6,926)
 
($17,346)
$0
($779)
($18,125)
 
$0
$25
$22,883
$0
$22,595
($54)
($2,510)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
53.7%
 
51.3%
565.8%
25.2%
(63.2%)
(112.4%)
(71.5%)
(82.1%)
 
(661.8%)
0.0%
(229.2%)
(982.7%)
 
0.0%
(99.6%)
938.2%
100.0%
166.3%
(515.4%)
(183.1%)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
12/31/2008
$3,333
 
$80
($38)
($15,476)
$7,853
$2,406
($1,961)
($3,803)
 
($2,277)
$0
$603
($1,674)
 
$0
$6,623
$2,204
($343)
$8,484
$13
$3,021
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
YoY
20,931.3%
 
900.0%
0.0%
0.0%
78,430.0%
0.0%
0.0%
(190,250.0%)
 
(113,750.0%)
0.0%
0.0%
(83,600.0%)
 
0.0%
662,200.0%
0.0%
0.0%
848,300.0%
0.0%
302,000.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
6/30/2010
($248)
 
$48
($2,423)
$1,434
($1,538)
($3,774)
$1,512
($3,330)
 
($5,105)
($3,657)
($1,364)
($10,126)
 
$0
$16,182
($2,216)
$0
$12,470
$25
($960)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
QoQ
(107.8%)
 
4,900.0%
(1,525.3%)
1,403.6%
(133.6%)
(178.1%)
306.8%
(127.9%)
 
28.2%
0.0%
(51.2%)
(26.4%)
 
0.0%
3,837.2%
56.9%
(100.0%)
381.5%
600.0%
(87.1%)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
3/31/2010
$53
 
$36
$2,150
$14,986
$1,519
$458
($2,081)
$15,463
 
($5,536)
$0
$564
($4,972)
 
$0
$6,622
($15,559)
$0
($7,103)
($7)
$3,381
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
QoQ
(58.6%)
 
(37.9%)
0.0%
563.1%
(64.2%)
128.2%
(2,607.2%)
200.3%
 
(419.8%)
0.0%
119.2%
(24.0%)
 
0.0%
26,388.0%
(400.1%)
0.0%
(130.2%)
(216.7%)
274.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
12/31/2009
$86,940
$77,995
$8,945
 
$0
$1,711
$0
$0
$0
$7,234
 
($371)
$6,863
$526
$6,336
$1,212
$0
$5,124
 
 
$0
$0
$0
$0
$5,124
$0
$5,124
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
57.0%
52.3%
116.5%
 
0.0%
36.8%
0.0%
0.0%
0.0%
151.1%
 
(127.6%)
62.5%
220.7%
56.1%
53.8%
0.0%
56.6%
 
 
(100.0%)
0.0%
0.0%
0.0%
53.7%
0.0%
53.7%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
12/31/2008
$55,359
$51,227
$4,132
 
$0
$1,251
$0
$0
$0
$2,881
 
$1,342
$4,223
$164
$4,059
$788
$0
$3,271
 
 
$62
$0
$0
$0
$3,333
$0
$3,333
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
YoY
9,750.4%
12,548.6%
2,515.2%
 
0.0%
619.0%
0.0%
0.0%
0.0%
18,106.3%
 
0.0%
26,493.8%
0.0%
25,468.8%
0.0%
0.0%
20,543.8%
 
 
0.0%
0.0%
0.0%
0.0%
20,931.3%
0.0%
20,931.3%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
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
9/30/2010
$18,682
$17,769
$914
 
$0
$1,031
$0
$0
$0
($117)
 
($197)
($314)
$70
($384)
$16
$0
($400)
 
 
$0
$0
$0
$0
($400)
$0
($400)
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
QoQ
(31.6%)
(32.4%)
(11.5%)
 
0.0%
127.6%
0.0%
0.0%
0.0%
(120.2%)
 
7.5%
(244.0%)
151.1%
(208.2%)
(98.6%)
0.0%
49.0%
 
 
0.0%
0.0%
0.0%
0.0%
49.0%
0.0%
49.0%
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
6/30/2010
$17,000
$16,803
$197
 
$0
$1,011
$0
$0
$0
($814)
 
$552
($262)
$0
($262)
($14)
$0
($248)
 
 
$0
$0
$0
$0
($248)
$0
($248)
  
  
  
  
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
 
 
  
  
  
  
  
  
  
QoQ
(24.6%)
(8.8%)
(95.2%)
 
0.0%
50.7%
0.0%
0.0%
0.0%
(123.6%)
 
518.2%
(107.9%)
(100.0%)
(108.2%)
(1,300.0%)
0.0%
(107.8%)
 
 
0.0%
0.0%
0.0%
0.0%
(107.8%)
0.0%
(107.8%)