CSIMarket
 
Best Inc   (BEST)
Other Ticker:  
 
 
Price: $0.6600 $-0.04 -5.714%
Day's High: $0.69 Week Perf: 17.84 %
Day's Low: $ 0.63 30 Day Perf: 11.47 %
Volume (M): 80 52 Wk High: $ 1.84
Volume (M$): $ 53 52 Wk Avg: $0.87
Open: $0.68 52 Wk Low: $0.25



 Market Capitalization (Millions $) 247
 Shares Outstanding (Millions) 374
 Employees 393
 Revenues (TTM) (Millions $) 1,793
 Net Income (TTM) (Millions $) 33
 Cash Flow (TTM) (Millions $) 174
 Capital Exp. (TTM) (Millions $) 28

Best Inc
We were incorporated in Nevada in November 2003, but since July 2007, have been headquartered in Hainan, China. Through our operating subsidiaries, Hainan Shiner, Shiny-Day, Hainan Modern, Zhuhai Modern, Shimmer Sun, and Ningbo we manufacture and sell packaging and anti-counterfeit plastic film to manufacturers and producers in China. We sell anti-counterfeit film, coated film, and color printing, in international markets through a network of distributors and converters.

Our primary business consists of the manufacture and distribution of technology driven advanced packaging film products in five business segments: bi-axially oriented polypropylene, or BOPP, film for wrapping tobacco; water-based latex; coated film; color printed packaging; and advanced film. Our products are sold to customers in the food, tobacco, chemical, medical and pharmaceutical, personal care, electronics, automotive, construction, graphics, music and video publishing industries. Our current production capacity consists of: five coated film lines with a capacity of 15,000 tons a year; two BOPP tobacco film production lines with a capacity of 13,500 tons a year; one BOPP film production line with a capacity of 7,000 tons a year; three color printing lines; four anti-counterfeit film lines with a capacity of 2,500 tons a year; and two water-based latex reaction kettles with a capacity of 3,000 tons a year.

We manufacture and distribute advanced packaging film products in China. China’s packaging industry has grown steadily since the mid-1980s with one of the highest growth rates in the international packaging market. Domestic consumption has always been considered by the Chinese government as one of the key drivers for national economic growth. Over the past several years, the Chinese government has released a number of industry policies and measures to encourage domestic consumption that would benefit the packaging industry. In July 2008, the Ministry of Finance of China established a fund to support the development of new and innovative products and technologies for the packaging industry, focusing on environmental protection, energy efficiency and renewable applications.

With the mild recovery of the global economy, and growing consumer confidence in the Chinese domestic markets, we are cautiously optimistic that consumption of our products will continue to grow. We are experiencing an increase of inquiries from food manufacturers on how to comply with the Food Safety Law that went into effect in 2009. This renewed interest from manufacturers affects our entire breadth of products and we are confident this will lead to an overall improvement in our business. We believe we are well positioned to be the prime beneficiary of increased domestic consumption, a growing world economy, and increased market penetration as the full impact of the Food Safety Law requirements are realized.

We believe there are several positive trends that will continue to accelerate our growth, consumer demand for packaged goods, which offer convenience, quality, aesthetics and lifestyle branding will grow as Chinese consumers find themselves with increasing disposable income and as more purchases are made in supermarkets and away from wet markets and small independent food stores. We are well positioned to take advantage of these trends by providing retail foods and consumer goods manufacturers with beautiful printed flexible packaging.

Rapid Economic Growth and Rising Disposable Income. The growth of the flexible packaging industry is highly correlated with economic growth as the demand for packaging products is driven by improving demographic trends, including living standards and urbanization, as well as expanding industrial output. According to China National Bureau of Statistics, China is one of the fastest growing economies, its GDP having grown rapidly with a compound annual growth rate of 16.0% in the past five years. Per capita disposable income of urban households had a compound annual growth rate of 11.8% over the past ten years and per capita disposable income of rural households had a compound annual growth rate of 9.6% during the same period. China’s economy is expected to continue to grow in the next few years with an average GDP growth forecast of 8.4% from 2009 to 2014 by the World Bank.



   Company Address: 2nd Floor, Block A, Huaxing Modern Industry Park Zhejiang Province 310013
   Company Phone Number: 571-88995656   Stock Exchange / Ticker: NYSE BEST
   BEST is expected to report next financial results on April 17, 2023.


Customers Net Income grew by BEST's Customers Net Profit Margin fell to

33.94 %

10.42 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DD        0.73% 
XOM   -6.76%    
• View Complete Report
   



Hormel Foods Corporation

Healthy 83.954% advance in Revenues at Hormel Foods Corporation during the fourth quarter of 2022

Hormel Foods Corporation delivered very impressive recent numbers in the fourth quarter of 2022, where Sales soared by 83.954 % to $4.53 billions, while company's earnings jumped by 63.04 % to $0.67 per share, from the same quarter a year before.

Casey S General Stores Inc

Decent Double Digit Earnings per Share improvement by 41.7 % at the Automotive Aftermarket company during the second quarter of 2022

Casey S General Stores Inc announced impressive earnings in the fiscal period closing Oct 31 2022, where Sales rose by 21.932 % to $3.98 billions and profit per share surged by 41.7 % to $3.67 per share, year on year.

Signet Jewelers Limited

Very pressing three months at Signet Jewelers Limited all along the third quarter of 2022

For the third quarter of 2022 Signet Jewelers Limited income fell sharply by -83.33 % of $0.60 per share compare to $3.60 a year prior and earnings per share dropped by -76.74 % from $2.58 per share from the previous quarter.

Sales receded considerably by -11.487 % to $1.58 billions from $1.79 billions in the same quarter a year prior and sequentially Sales deteriorated by -9.813 % from $1.75 billions.

Best Buy Co Inc

EPS Drops due to Weak Sales at the BBY over the third quarter of 2022 earnings season

In the third quarter of 2022 financial report BBY announced soft top and bottom-line, where income per share dropped by -39 % and revenue by -11.108 % year on year. Revenue were to $10.59 billions in proportion to $11.91 billions eps at $1.22 in proportion to $2.00 in the financial span ending October 29 2021.

Autodesk Inc

Formidable Sales elevation by 13.697%, at the company all along the third quarter of 2022

Focusing on the fiscal third quarter of 2022 profit per share soared by 49.18 % to $0.91 per share, followed by Sales increase of 13.697 % to $1.28 billions, compared with the prior year period.






 

Best Inc 's Segments
 
 
• View Complete Report


Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

LCW's Profile

Stock Price

LCW's Financials

Business Description

Fundamentals

Charts & Quotes

LCW's News

Suppliers

LCW's Competitors

Customers & Markets

Economic Indicators

LCW's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071