CISG Cninsure Inc.
Exchange
NASDAQSector
FinanceIndustry
Specialty InsurersMarket Cap.
319.6M
Erratic Net Profit Margins over the past 10 years
CISG has had highly erratic net profit margins which are a great cause for concern.
This company may operate in a highly volatile industry, or it may just have poor performance.
Look at reasons for this inconsistency to understand if there is any reason to look past it.
Figures in CNY. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Net Income | 2.28M | 4.18M | -92.69M | -6.69M | 58.85M | 153.55M | 191.74M | 300.84M | 422.31M | -744.09M |
| divided by | ||||||||||
| Revenue | 21.82M | 30.16M | 33.96M | 143.68M | 252.80M | 448.73M | 843.96M | 1.15B | 1.49B | 1.52B |
| Net Profit Margin | 10.45% | 13.86% | -272.95% | -4.66% | 23.28% | 34.22% | 22.72% | 26.05% | 28.44% | -49.06% |
Strong Pricing Power over the past 10 years
CISG has maintained substantial gross margins, suggesting that they have been able to set prices without consideration of the cost of goods sold.
This potentially leaves flexibility in inflationary environments to raise prices on consumers and maintain profitability.
$64.62 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
$64.62 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in CNY. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Gross Profit | 21.82M | 30.16M | 33.96M | 77.93M | 116.35M | 215.87M | 407.16M | 574.94M | 776.63M | 719.83M |
| divided by | ||||||||||
| Revenue | 21.82M | 30.16M | 33.96M | 143.68M | 252.80M | 448.73M | 843.96M | 1.15B | 1.49B | 1.52B |
| Gross Margin | 100.00% | 100.00% | 100.00% | 54.24% | 46.02% | 48.11% | 48.24% | 49.78% | 52.30% | 47.46% |
Low Capital Intensity over the past 10 years
CISG has consistently used a small portion of their Net Income buying new equipment or investing in new facilities.
This indicates that CISG may require minimal investment to stay competitive.
This leaves them with extra money to spend on growing their business and potentially buying back stock.
12.63% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
12.63% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in CNY. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Capital Expenditure | - | - | - | 2.81M | 6.45M | 5.38M | 51.83M | 47.79M | 24.40M | 21.62M |
| divided by | ||||||||||
| Net Income | 2.28M | 4.18M | -92.69M | -6.69M | 58.85M | 153.55M | 191.74M | 300.84M | 422.31M | -744.09M |
| Capital Expenditure Ratio | - | - | - | -41.98% | 10.95% | 3.51% | 27.03% | 15.89% | 5.78% | -2.91% |