Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China. It offers plain surface products, including plain surface prestressed concrete (PC) strands that are used as precast concrete plates on the riding surface of bridges; and unbonded plain surface PC strands for the construction of bridges and buildings. The company also provides plain surface PC wires and indented PC wires, which are used in the construction of buildings; helical rib PC wires for the construction of railway ties or sleepers, and buildings; and coated prestressed products comprising zinc coated PC products and rare earth coated PC products. It markets and sells its products under the Ossen brand name. The company also exports its products to the United States, Canada, Spain, Japan, South Korea, Taiwan, Australia, South Africa, Saudi Arabia, and internationally. Ossen Innovation Co., Ltd. is headquartered in Shanghai, the People's Republic of China.
Industry, Sector and Symbol
Industry Blast furnaces & steel mills
Sub-IndustryN/A
SectorConstruction
SymbolNASDAQ:OSN
CUSIPN/A
Phone86-21-6888-8886
Debt
Debt-to-Equity Ratio0.07
Current Ratio4.84
Quick Ratio4.39
Price-To-Earnings
Trailing P/E Ratio7.10
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$132.38 million
Price / Sales0.13
Cash Flow$0.8926 per share
Price / Cash2.98
Book Value$17.42 per share
Price / Book0.15
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$5.34 million
Net Margins4.04%
Return on Equity5.32%
Return on Assets4.00%
Miscellaneous
Employees190
Outstanding Shares6,600,000
Ossen Innovation (NASDAQ:OSN) Frequently Asked Questions
What is Ossen Innovation's stock symbol?
Ossen Innovation trades on the NASDAQ under the ticker symbol "OSN."
How were Ossen Innovation's earnings last quarter?
Ossen Innovation Co Ltd (NASDAQ:OSN) posted its quarterly earnings results on Wednesday, June, 29th. The construction company reported $0.02 EPS for the quarter. The construction company earned $30.09 million during the quarter. Ossen Innovation had a net margin of 4.04% and a return on equity of 5.32%. View Ossen Innovation's Earnings History.
Who are some of Ossen Innovation's key competitors?
Some companies that are related to Ossen Innovation include ArcelorMittal (MT), POSCO (PKX), SUMITOMO Corp/S (SSUMY), Nucor (NUE), Tenaris (TS), Steel Dynamics (STLD), EVRAZ (EVRZF), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), Carpenter Technology (CRS), AK Steel (AKS), USINAS SIDERURG/S (USNZY) and SunCoke Energy (SXC).
Who are Ossen Innovation's key executives?
Ossen Innovation's management team includes the folowing people:
- Dr. Liang Tang, Chairman, Chairman of Ossen Materials and Pres of Ossen Materials (Age 50)
- Mr. Wei Hua, Chief Exec. Officer, Chief Financial Officer and Director (Age 55)
Has Ossen Innovation been receiving favorable news coverage?
News articles about OSN stock have trended somewhat positive on Friday, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ossen Innovation earned a daily sentiment score of 0.22 on Accern's scale. They also gave news coverage about the construction company an impact score of 43.66 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
How do I buy shares of Ossen Innovation?
Shares of OSN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ossen Innovation's stock price today?
One share of OSN stock can currently be purchased for approximately $2.66.
How big of a company is Ossen Innovation?
Ossen Innovation has a market capitalization of $18.27 million and generates $132.38 million in revenue each year. Ossen Innovation employs 190 workers across the globe.
How can I contact Ossen Innovation?
Ossen Innovation's mailing address is 518 SHANGCHENG ROAD FLOOR 17, SHANGHAI F4, 200120. The construction company can be reached via phone at 86-21-6888-8886 or via email at [email protected]
MarketBeat Community Rating for Ossen Innovation (OSN)
MarketBeat's community ratings are surveys of what our community members think about Ossen Innovation and other stocks. Vote "Outperform" if you believe OSN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OSN will underperform the S&P 500 over the long term. You may vote once every thirty days.
