Inactive Instrument

New Oriental Energy & Chemical Corp Share Price Other OTC

Equities

NOEC

US64758A1079

Agricultural Chemicals

Sales 2009 52.55M 4.38B Sales 2010 32.46M 2.71B Capitalization 17.95M 1.5B
Net income 2009 -3M -250M Net income 2010 -12M -1B EV / Sales 2009 0.71 x
Net Debt 2009 25.8M 2.15B Net Debt 2010 35.57M 2.97B EV / Sales 2010 1.65 x
P/E ratio 2009
-3.05 x
P/E ratio 2010
-1.4 x
Employees -
Yield 2009 *
-
Yield 2010
-
Free-Float 100%
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New Oriental Energy & Chemical Corp. (NOEC) through its wholly owned subsidiary, Henan Jinding Chemical Co., Ltd. (Jinding) is engaged in the manufacturing and distribution of fertilizer and chemical products. The products are distributed to markets in the People’s Republic of China. The primary business of the Company is the manufacturing and selling of urea, a chemical used as fertilizer for crops and in certain manufacturing processes, including the manufacturing of resin, plastic and medicine. NOEC is also engaged in the production and selling of methanol. The other products manufactured by the Company include Ammonium Hydrogen Carbonate, which can be used as a fertilizer for crops, and in the pharmaceutical and food industries. In addition, another product developed by the Company is Dimethyl Ether (DME). DME has a range of industrial applications in the production of pesticides, cosmetics and as a refrigerant.
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