On Tuesday, Following Stocks were among the “Top 50 Gainers” of U.S. Stock Market: Jumei International Holding Limited (NYSE:JMEI), RMG Networks Holding Corporation (NASDAQ:RMGN), Yingli Green Energy Holding Co. Ltd. (NYSE:YGE)
Jumei International Holding Limited (NYSE:JMEI), with shares inclined 7.72%, closed at $14.24.
RMG Networks Holding Corporation (NASDAQ:RMGN), with shares jumped 7.22%, settled at $1.93.
Yingli Green Energy Holding Co. Ltd. (NYSE:YGE), with shares climbed 7.11%, and closed at $2.26.
Latest NEWS regarding these Stocks are depicted underneath:
Jumei International Holding Limited (NYSE:JMEI)
On Monday, Jumei International Holding Limited (JMEI), declared its unaudited financial results for the fourth quarter and full year ended December 31, 2014.
Fourth Quarter 2014 Highlights:
Total net GMV reduced by 3.0% year-over-year to US$235.2 million, primarily due to a decrease in total orders, partially offset by an raise in the number of active customers.
Net proceeds raised by 18.5% year-over-year to US$166.0 million.
The number of active customers raised by 2.1% year-over-year to 4.8 million.
The number of total orders reduced by 5.9% from the same period last year to 9.6 million.
Gross profit as a percentage of net proceeds reduced to 30.4% from 42.6% in the same period of 2013. Gross profit as a percentage of total net GMV reduced to 21.4% from 24.6% in the same period of 2013. The decreases were primarily due to the Corporation’s shift in strategy from beauty product marketplace sales to merchandise sales that started in September 2014.
Net revenue attributable to Jumei’s ordinary shareholders raised to US$10.7 million from a net loss attributable to Jumei’s ordinary shareholder of US$15.5 million in the same period of 2013. Net margin attributable to Jumei’s ordinary shareholders was 6.4%, contrast with negative 11.0% in the same period of 2013.
Non-GAAP net revenue attributable to Jumei’s ordinary shareholders was US$11.7 million, a decrease of 25.5% from the same period of 2013. Non-GAAP net margin attributable to Jumei’s ordinary shareholders was 7.0%, contrast with 11.2% in the same period of 2013.
Full Year 2014 Highlights:
Total net GMV raised by 30.9% year-over-year to US$1.07 billion, primarily due to the raises in the number of active customers and total orders.
Net proceeds raised by 31.0% year-over-year to US$632.9 million.
The number of active customers raised by 26.7% year-over-year to 13.3 million.
Total orders raised by 18.3% year-over-year to 42.6 million.
Gross profit as a percentage of net proceeds reduced to 39.5% from 41.3% in 2013. Gross profit as a percentage of total net GMV reduced to 23.4% from 24.5% in 2013. The decreases were primarily due to the Corporation’s shift in strategy from beauty product marketplace sales to merchandise sales that started in September 2014.
Net revenue attributable to Jumei’s ordinary shareholders was US$56.0 million, contrast with US$15.8 million in 2013. Net margin attributable to Jumei’s ordinary shareholders was 8.8%, contrast with 3.3% in 2013.
Non-GAAP net revenue was US$72.3 million, contrast with US$57.8 million in 2013. Non-GAAP net revenue attributable to Jumei’s ordinary shareholders was US$62.4 million, contrast with US$48.6 million in 2013. Non-GAAP net margin attributable to Jumei’s ordinary shareholders was 9.9%, contrast with 10.1% in 2013.
Jumei (JMEI) is China’s No. 1 online retailer of beauty products as measured by gross merchandise volume, with a market share of 22.1% in 2013, according to a commissioned research report by Frost & Sullivan. Jumei’s internet platform is a trusted destination for consumers to discover and purchase branded beauty products, fashionable apparel and other lifestyle products through the Corporation’s jumei.com website and mobile application.
RMG Networks Holding Corporation (NASDAQ:RMGN)
Formerly on March 6, RMG Networks Holding Corporation (RMGN), declared Steve Chang as its new Senior Vice President of Strategy and Solutions.
Chang brings more than 30 years of relevant industry experience to RMG Networks. Formerly, Chang held senior administration roles with leading financial service and administration consulting companies counting Prophet, McKinsey & Corporation, CSC Index and Accenture. Most recently, he was an Operating Partner and Head of Strategy with Sterling Partners, a leading private equity firm. In this role, he worked closely with administration and board directors of portfolio companies to identify and implement key growth strategies.
Chang will have oversight of the planned direction and expansion of RMG’s intelligent visual communications solutions. A primary focus will be to accelerate and expand RMG’s introduction of new business solutions that drive tangible value for customers across a variety of markets.
With the widest range of capabilities and the most practiced team in the industry, RMG Networks assists companies improve decision making and performance through the use of compelling visual communication solutions.
RMG NETWORKS (NASDAQ: RMGN) assists brands and organizations communicate more effectively using location-based video networks. The corporation builds enterprise video networks that empower organizations to visualize critical data to better run their business.
Yingli Green Energy Holding Co. Ltd. (NYSE:YGE)
On Monday, Yingli Green Energy Holding Co. Ltd. (YGE), one of the world’s leading solar panel manufacturers, known as “Yingli Solar,” declared that it has begun construction of a 50 megawatt (MW) solar power plant on former mining lands in in Huangshi City, Hubei Province, China. It is the first project developed by Yingli on land that has been degraded by mining activities.
The 50 MW power plant occupies over 100 hectares of land in western Huangshi City, a region known for its rich mineral resources and extensive mining operations. The project will contain about 170,000 YGE 72 Cell Series multi-crystalline solar panels that are predictable to generate about 55,000 megawatt-hours (MWh) of clean electricity annually, which will offset the consumption of nearly 22,000 tons of coal and the emission of over 50,000 tons of carbon into the atmosphere. The system is planned to interconnect with the local utility grid and start operations in the fourth quarter of 2015.
Huangshi City was designated a pilot city for the reclamation of abandoned mining lands and former industrial sites by China’s Ministry of Land and Resources in January 2013. Therefore, the power plant will serve as a key demonstration project for the integration of solar power into land revitalization programs across China. To assist showcase the unique value solar power brings to land reclamation efforts, Yingli also plans to develop an educational visitor’s center near the project site.
Yingli Green Energy Holding Corporation Limited, together with its auxiliaries, designs, develops, manufacture, markets, sells, and installs photovoltaic products in the People’s Republic of China.
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