QUOTE AND NEWS
TheStreet.com  Apr 4  Comment 
NEW YORK (TheStreet) -- China Finance Online JRJC was jumping 11.8% to $5.77 Friday following its fourth-quarter results. For the fourth quarter of fiscal 2013 the Chinese financial services company posted earnings of 2 cents a share. China...
Benzinga  Apr 4  Comment 
China Finance Online Co (NASDAQ: JRJC) shares gained 23.64% to $6.38 in the pre-market on Q4 results. China Finance Online posted its quarterly net income of $1.6 million, versus a year-ago net loss of $4.9 million. China Sunergy Co (NASDAQ:...
StreetInsider.com  Apr 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/China+Finance+Online+Co.%2C+Ltd.+%28JRJC%29+Swings+to+Q4+Profit/9352858.html for the full story.
SeekingAlpha  Apr 4  Comment 
China Finance Online Co. Limited (JRJC) Q4 2013 Earnings Conference Call April 3, 2014 8:00 p.m. ET Executives Shiwei Yin – IR, Grayling Zhiwei Zhao – CEO Jun Wang – CFO Analysts Presentation Operator ...
StreetInsider.com  Apr 3  Comment 
SGOCO Group, Ltd (Nasdaq: SGOC) 27.1% LOWER; reported Q4 EPS of $0.07, versus $0.19 reported last year. Revenue for the quarter came in at $44.2 million, versus $63.4 million reported last year. Response Genetics, Inc. (Nasdaq: RGDX) 18.3%...
TheStreet.com  Jan 15  Comment 
NEW YORK (TheStreet) -- Micro-cap China Finance Online  popped during Wednesday's session, despite the absence of company news. By early afternoon, shares had jumped 17% to $7.08. Since January 2013, shares have soared 347.5%. JRJC data by...
StreetInsider.com  Jan 3  Comment 
52-Week High: Hertz Global Holdings, Inc. (NYSE: HTZ) $29.81. Hertz ticking higher today on word that activist investor Carl Icahn might be involved with the company, though Icahn didn't comment on market speculation. FireEye, Inc. (Nasdaq:...
Benzinga  Jan 3  Comment 
China Natural Resources (NASDAQ: CHNR) jumped 58.60% to $7.93. China Natural's trailing-twelve-month revenue is $24.99 million. BG Medicine (NASDAQ: BGMD) moved up 24.88% to $1.36. BG Medicine shares have dropped 58.56% over the past 52 weeks,...
StreetInsider.com  Jan 3  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/China+Finance+Online+%28JRJC%29+Jumps+After+Surge+in+Q3+Revenue/9019794.html for the full story.
Benzinga  Jan 3  Comment 
China Finance Online Co (NASDAQ: JRJC) shares jumped 31.28% to $7.26 in pre-market trading after the company reported its Q3 unaudited financial results. FireEye (NASDAQ: FEYE) shares gained 21.13% to $49.82 in the pre-market after the company...




 
TOP CONTRIBUTORS

China Finance Online Co. Limited is one of the leading companies that specialize in providing online financial and listed company data and information in China . The company is one of the largest providers of stock market data to Chinese investors. Similar to a yahoo finance or marketwatch, the firms website offers retail investors information on stock prices, market dynamics, and news items. In the past, a significant amount of revenue had been collected from advertisers which bought space on the company’s website. After disappointing results, and a management change, the focus has shifted away from advertising revenue to a majority of subscription based revenue.

Business and Financials

At this point the company expects $54-61 million in revenue and $22-28 million in non-GAAP earnings. Advertising only made up 5% of total revenue in the fourth quarter as the company has started using more and more of its ad spots on the websites to promote its own products. The balance sheet is very strong with $74.7 million in cash split between RMB currency (51.1 million) and other foreign currency (23.6 million). There is no long-term debt on the books and so it appears the company has a good foundation to ride out difficult times as the market ebbs and flows.

Trends and Forces

Partnerships

One of the most latest initiatives with the potential to drive revenue is a recent partnership with the Shanghai Stock Exchange and China Telecom. With the three companies working together on technology and distribution initiatives, JRJC should get much more exposure to the growing China investor base (180 million stock trading accounts at the end of 2007) and will likely be able to convert a portion of these into paying subscribers. Telemarketing is also playing a key role in encouraging registered users to move to subscription based services. With less than one percent of users participating in subscription packages, there is a large potential base of new clients waiting to be tapped.

Finally, management announced that they have completed their acquisition of Daily Growth Investment Company which is a licensed brokerage company. JRJC should be able to promote their own brokerage through its advertising slots to the 9 million registered users. The potential for commission revenue is huge although management cautions that they do not expect this segment to pick up substantially at least until the second half of 2008. This segment has the potential to be a catalyst for higher prices along with the overall trend of the China market.




References

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