Jim Simons' Charm Communications (CHRM, Financial) is up 26.5% today, the most of any guru-held stock. Charm is the largest domestic Chinese advertising agency group. Charm Communications ADR has a market cap of $71.7 million; its shares were traded around $11.44 with a P/E ratio of 8.1 and P/S ratio of 0.3. The dividend yield of Charm Comm-adr stocks is 3.3%.
Simons, founder of private investment firm Renaissance Technologies LLC, owns 21,000 shares of Charm Communications.
For fiscal year 2011, Charm's total advertising turnover or billings grew 37% to $875 million, 2.5% higher than the rate of China's overall advertising market. GAAP revenues for 2011 grew 45.6% to approximately $280.1 million. Gross profit grew 23.2% to approximately $84.5 million and the gross profit margin for 2011 was 30.2% compared to 35.7% for 2010.
See Jim Simons' complete portfolio here.
Simons, founder of private investment firm Renaissance Technologies LLC, owns 21,000 shares of Charm Communications.
For fiscal year 2011, Charm's total advertising turnover or billings grew 37% to $875 million, 2.5% higher than the rate of China's overall advertising market. GAAP revenues for 2011 grew 45.6% to approximately $280.1 million. Gross profit grew 23.2% to approximately $84.5 million and the gross profit margin for 2011 was 30.2% compared to 35.7% for 2010.
See Jim Simons' complete portfolio here.
