Senomyx Inc. (SNMX, Financial) filed Annual Report for the period ended 2010-12-31.
Senomyx Inc. has a market cap of $257.9 million; its shares were traded at around $6.63 with and P/S ratio of 16.6. Senomyx Inc. had an annual average earning growth of 4.1% over the past 5 years.Hedge Fund Gurus that owns SNMX: Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns SNMX: Chuck Royce of Royce& Associates.
The packaged food, beverage and ingredient industries are comprised of a number of large and highly competitive market segments. Small market share gains in specific large market segments can translate into significant additional revenue for packaged food, beverage and ingredient companies. For example, according to recent Euromonitor data, estimated 2009 worldwide sales of non-alcoholic beverages were approximately $405 billion. Thus, an increase of a tenth of a percentage point in overall worldwide market share would result in additional revenue of approximately $405 million.
· Cost of Goods Savings. The packaged food, beverage and ingredient industries purchase enormous quantities of raw materials to produce their products. According to the Food and Agriculture Division of the United Nations and LMC International, an economic and business consultancy providing economic research and consultancy services, estimated worldwide sugar consumption was approximately 151 million metric tons. Using spot prices in January 2011, the market value of processed sugar produced worldwide is therefore in excess of $98 billion on an annual basis. Similarly, according to Ajinomotos FY2009 Market and Other Information report and Pearson Sales Company, worldwide demand for MSG was approximately 2.2 million metric tons in 2009, which would have had a cost of $5.0 billion using January 2011 spot prices. According to LMC International, worldwide demand for high-fructose corn syrup for 2009 was approximately 12.5 million metric tons, which would have had a cost of approximately $6.3 billion using January 2010 spot prices. Flavor ingredients can potentially facilitate a reduction in
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Senomyx Inc. has a market cap of $257.9 million; its shares were traded at around $6.63 with and P/S ratio of 16.6. Senomyx Inc. had an annual average earning growth of 4.1% over the past 5 years.Hedge Fund Gurus that owns SNMX: Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns SNMX: Chuck Royce of Royce& Associates.
Highlight of Business Operations:
Packaged food and beverage products include carbonated and non-carbonated beverages, frozen foods, snack foods, ice cream, pasta, canned soup, pet food and numerous other products. According to recent data from Euromonitor International, an independent research organization, worldwide sales of packaged food and beverage products in 2009 were approximately $1.8 trillion, of which approximately $306 billion was generated in the United States. These figures represent annual growth rates of approximately 5% and 3%, respectively, over 2004 amounts. Based on these estimates, of the worldwide total, sales of packaged foods were approximately $1.4 trillion and sales of non-alcoholic beverages were approximately $405 billion.The packaged food, beverage and ingredient industries are comprised of a number of large and highly competitive market segments. Small market share gains in specific large market segments can translate into significant additional revenue for packaged food, beverage and ingredient companies. For example, according to recent Euromonitor data, estimated 2009 worldwide sales of non-alcoholic beverages were approximately $405 billion. Thus, an increase of a tenth of a percentage point in overall worldwide market share would result in additional revenue of approximately $405 million.
· Cost of Goods Savings. The packaged food, beverage and ingredient industries purchase enormous quantities of raw materials to produce their products. According to the Food and Agriculture Division of the United Nations and LMC International, an economic and business consultancy providing economic research and consultancy services, estimated worldwide sugar consumption was approximately 151 million metric tons. Using spot prices in January 2011, the market value of processed sugar produced worldwide is therefore in excess of $98 billion on an annual basis. Similarly, according to Ajinomotos FY2009 Market and Other Information report and Pearson Sales Company, worldwide demand for MSG was approximately 2.2 million metric tons in 2009, which would have had a cost of $5.0 billion using January 2011 spot prices. According to LMC International, worldwide demand for high-fructose corn syrup for 2009 was approximately 12.5 million metric tons, which would have had a cost of approximately $6.3 billion using January 2010 spot prices. Flavor ingredients can potentially facilitate a reduction in
Read the The complete Report
