Sincere Watch (Hong Kong) Limited Company Profile - Aug 16, 2011

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Sincere Watch (Hong Kong) Limited Company Profile - Aug 16, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Sincere Watch (Hong Kong) Limited
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Hong Kong Dollars

                                  Wright Quality Rating:LBL0                                Key Data

   Sincere Watch (Hong Kong) Limited is an investment holding company. The                  Ticker:
   Company, along with its subsidiaries, is engaged in the distribution of branded luxury   444
   watches, timepieces and accessories in Hong Kong, Macau, Taiwan and the People's
   Republic of China (PRC). During the fiscal year ended March 31, 2010 (fiscal 2010),      2011 Sales:
   the Company operated in one segment, which was brand management and
                                                                                            821,540,000
   distribution of branded luxury watches, timepieces and accessories. It distributes
   Franck Muller watches and accessories in Hong Kong, Macau and the PRC. Its other
   luxury brands include de GRISOGONO, CVSTOS, Pierre Kunz. The Company has 44              Major Industry:
   luxury watch retail outlets, which are operated by 23 independent watch dealers, in      Miscellaneous
   North Asia. It is a subsidiary of Sincere Watch Limited (SWL). During fiscal 2010, the
   Company's subsidiary was Sincere Brand Holdings Limited.                                 Sub Industry:
                             Stock Chart                                  Officers          Wholesalers
                                                                         Chairman
                                                                       Liam Wee Tay         Country:
                                                                                            Hong Kong
                                                                       Vice Chairman
                                                                       Kwok Fun Chau        Currency:
                                                                                            Hong Kong Dollars

                                                                                            Fiscal Year Ends:
                                                                                            March

                                                                                            Employees
                                                                                            73

                                                                                            Exchanges:
                                                                                            HKG

                                                                                            Share Type:
                                                                                            Ordinary
                   Stock Price (8/12/2011): 1.48
                     Recent stock performance
                        1 Week       -9.8%                                                  Market Capitalization:
                        4 Weeks      -7.5%                                                  603,840,000
                        13 Weeks    -18.7%
                        52 Weeks     76.2%                                                  Total Shares
                                                                                            Outstanding:
  
				
DOCUMENT INFO
Description: Sincere Watch (Hong Kong) Limited is an investment holding company. The Company, along with its subsidiaries, is engaged in the distribution of branded luxury watches, timepieces and accessories in Hong Kong, Macau, Taiwan and the People's Republic of China (PRC). During the fiscal year ended March 31, 2010 (fiscal 2010), the Company operated in one segment, which was brand management and distribution of branded luxury watches, timepieces and accessories. It distributes Franck Muller watches and accessories in Hong Kong, Macau and the PRC. Its other luxury brands include de GRISOGONO, CVSTOS, Pierre Kunz. The Company has 44 luxury watch retail outlets, which are operated by 23 independent watch dealers, in North Asia. It is a subsidiary of Sincere Watch Limited (SWL). During fiscal 2010, the Company's subsidiary was Sincere Brand Holdings Limited.
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