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Longhai Steel, Inc. LGHS Current Price and Quotes
0.13
Previous Close
0.13
Open
0.13
Daily Range
0.13 - 0.13
52wk Range
1.28 - 0.039
Volume
5,900
Dividend
N/A
Average Vol (3m)
11,701
Yield
N/A
Longhai Steel, Inc. LGHS
Company Information
No. 1 Jingguang Road, Neiqiu County
Xingtai City
Hebei Province 054000
China
Website: http://www.longhaisteelinc.com
Phone: +86 319-686-1111
Longhai Steel, Inc. LGHS
Longhai Steel, Inc. is a high-speed manufacturer of top-quality steel wire. The Company's products are further processed by third party refiners into a variety of end products including nails, screws, and wire mesh. Longhai Steel, Inc. is located in the city of Xingtai, Hebei Province, People's Republic of China and was formerly known as Action Industries, Inc.
Longhai Steel, Inc. LGHS
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Sep 30, 2012 10-Q
CIK 0001296286
Fiscal Year End 12/31
OTC Marketplace OTC Pink Limited
Profile Data
SIC - Industry Classification 3310 - Steel Works, Blast Furnaces & Rolling & Finishing Mills
Business Status Development Stage Company a/o Mar 31, 2007
Incorporated In: NV, USA
Year of Inc. 1995
Employees 458 a/o Dec 31, 2009
Company Officers/Contacts
Chaojun Wang CEO, Interim CFO
Steven Ross EVP
Derek Gradwell IR
Company Directors
Drew Bernstein
Steven Ross
Company Notes
Formerly=Action Industries, Inc. until 7-2010
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Network 1 Financial Securities
The Galleria Building, 2 Bridge Avenue
Red Bank, NJ, 07701
United States
Longhai Steel, Inc. LGHS
LGHS Security Details
Share Structure
Market Value1 $1,573,705 a/o Aug 30, 2013
Shares Outstanding 12,105,421 a/o Nov 13, 2012
Float Not Available
Authorized Shares 100,000,000 a/o Jun 30, 2010
Par Value 0.001
Shareholders
Shareholders of Record 492 a/o Mar 29, 2012
Security Notes
Capital Change=shs decreased by 1 for 125 split. Pay date=07/16/2010.
Short Selling Data
Short Interest 0 (-100%)
Jul 15, 2013
Significant Failures to Deliver No
Transfer Agent(s)
PacWest Transfer
Longhai Steel, Inc. LGHS Recent News
Longhai Steel, Inc. LGHS Financials
Period Ending Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008
Total Revenue 608,038 475,023 373,660 3
Cost of Revenue 589,319 456,446 356,833 3
Gross Profit 18,720 18,577 16,827 -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,603 2,408 1,114 15
Non-Recurring Items - - - -
Other - - - -
Operating Income 17,117 16,168 15,713 (16)
Income From Continuing Operations
Add'l Income/Expense Items (30) (5) (31) -
Earnings Before Interest and Tax 17,086 16,164 15,682 (16)
Interest Expense 2,382 876 85 2
Earnings Before Tax 14,704 15,287 15,597 (18)
Income Tax 3,510 3,952 3,899 -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 11,194 11,336 11,698 (18)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 11,194 11,336 11,698 (18)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 11,194 11,336 11,698 (18)
LGHS Longhai Steel, Inc. Research DD Guide
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LGHS Longhai Steel, Inc. Insider Disclosure http://www.otcmarkets.com/stock/LGHS/insider-transactions
LGHS Longhai Steel, Inc. Research Reports http://www.otcmarkets.com/stock/LGHS/research
LGHS Longhai Steel, Inc. Summary http://finance.yahoo.com/q?s=LGHS
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LGHS Longhai Steel, Inc. Income Statement http://finance.yahoo.com/q/is?s=LGHS
LGHS Longhai Steel, Inc. Balance Sheet http://finance.yahoo.com/q/bs?s=LGHS
LGHS Longhai Steel, Inc. Cash Flow http://finance.yahoo.com/q/cf?s=LGHS+Cash+Flow&annual
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LGHS Longhai Steel, Inc. OTC Short Report http://otcshortreport.com/index.php?index=LGHS
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