Pingtan Marine Enterprise Ltd. (PME)

NASDAQ: PME · IEX Real-Time Price · USD
0.270
-0.020 (-6.90%)
Feb 28, 2023, 5:00 PM EDT - Market closed
Market Cap 23.20M
Revenue (ttm) 171.13M
Net Income (ttm) 891,753
Shares Out 85.94M
EPS (ttm) 0.02
PE Ratio 13.50
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,350
Open 0.290
Previous Close 0.290
Day's Range 0.270 - 0.290
52-Week Range n/a
Beta -0.74
Analysts n/a
Price Target n/a
Earnings Date Jan 3, 2023

About PME

Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. The company catches a range of fish species, such as red fish, ribbon fish, sea catfish, seabream, shrimp, silver pomfret and seaperch, slender shad, sole fish, Spanish mackerel, and threadfin. As of December 31, 2021, it owned 51 squid jigging vessels, 26 trawlers, 25 seine vessels, 13 drifters, four longline fishing vessels, and 3 transport vessels, as well as had operating license rights to 20 drifters. The company serves various customers,... [Read more]

Industry Farm Products
CEO Mr. Xinrong Zhuo
Employees 2,356
Stock Exchange NASDAQ
Ticker Symbol PME
Full Company Profile

Financial Performance

In 2021, PME's revenue was $164.08 million, an increase of 88.08% compared to the previous year's $87.24 million. Losses were -$3.12 million, -95.72% less than in 2020.

Financial Statements

News

Pingtan Marine Enterprise Announces Receipt of Nasdaq Notification Letter

FUZHOU, China , Dec. 27, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced tha...

3 months ago - PRNewsWire

Pingtan Marine Enterprise Announces Results of Annual General Meeting

FUZHOU, China , Dec. 22, 2022  /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced th...

3 months ago - PRNewsWire

Pingtan Marine Enterprise Responded to the Designation of Being included in the SDN List by the U.S Department of the Treasury's Office of Foreign Assets Control

FUZHOU, China , Dec. 16, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (the "PRC"), today a...

3 months ago - PRNewsWire

Pingtan Marine Enterprise to Hold 2022 Annual General Meeting on December 14, 2022

FUZHOU, China , Oct. 28, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. ("Pingtan" or the "Company") (Nasdaq: PME), a fishing company based in the People's Republic of China (the "PRC"), today an...

5 months ago - PRNewsWire

Pingtan Marine Enterprise Receives Nasdaq Notification Regarding Minimum Bid Price Compliance

FUZHOU, China , Oct. 28, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced tha...

5 months ago - PRNewsWire

PINGTAN MARINE ENTERPRISE REPORTS UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2022

FUZHOU, China , Oct. 26, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan," "we" or the "Company"), a fishing company based in the People's Republic of China (PRC), today an...

5 months ago - PRNewsWire

Pingtan Marine Enterprise Regains Compliance with NASDAQ Minimum Bid Price Requirement

FUZHOU, China , July 5, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that...

9 months ago - PRNewsWire

PINGTAN MARINE ENTERPRISE REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2021

Company to Hold Conference Call on Wednesday, May 18, 2022, at 8:30 AM ET FUZHOU, China , May 17, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a fish...

11 months ago - PRNewsWire

Pingtan Marine Enterprise Receives Extension from Nasdaq to meet Bid Price Requirement

FUZHOU, China, Dec. 30, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, today announced tha...

1 year ago - PRNewsWire

Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 23, 2021

FUZHOU, China, Dec. 20, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that...

1 year ago - PRNewsWire

Pingtan Marine Enterprise Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021

FUZHOU, China, Nov. 16, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced...

1 year ago - PRNewsWire

Pingtan Marine Enterprise Receives Nasdaq's Determination Letter

FUZHOU, China, Oct. 19, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced today tha...

1 year ago - PRNewsWire

Pingtan Marine Enterprise Ltd. Receives Nasdaq Notice of Additional Delinquency

FUZHOU, China, Aug. 26, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced that it h...

1 year ago - PRNewsWire

Pingtan Marine Enterprise Receives Notification From Nasdaq Related To Delayed Annual Report On Form 10-K

FUZHOU, China, April 19, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announc...

2 years ago - PRNewsWire

Pingtan Marine Enterprise Ltd. Closes Registered Direct Offering

FUZHOU, China, March 9, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced that it h...

2 years ago - PRNewsWire

Pingtan Marine Enterprise Ltd. Announces $4,750,000 Registered Direct Offering of Ordinary Shares and Warrants

FUZHOU, China, March 4, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, today announced tha...

2 years ago - PRNewsWire

Pingtan Marine Enterprise To Establish Satellite Live Broadcasting Network For Pelagic Fishing

FUZHOU, China, Feb. 2, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced it has...

2 years ago - PRNewsWire

Pingtan Marine Enterprise Ltd. Closes $4.0 Million Registered Direct Offering

FUZHOU, China, Jan. 8, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced today that...

2 years ago - PRNewsWire

Pingtan Marine Enterprise's 20 Fishing Vessels to Resume Operations in Different Fishing Grounds after Modification and Rebuilding

FUZHOU, China, Dec. 29, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), today announced that 20 fishing vessels operated by the Company received approva...

2 years ago - PRNewsWire

Pingtan Marine Enterprise's CEO Led a Study Visit on the Intelligent Processing Technology in One of China's Leading Aquatic Food Companies

FUZHOU, China, Nov. 19, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), today announced that on November 17, 2020, Pingtan's CEO led a team for a study ...

2 years ago - PRNewsWire

Pingtan Marine Enterprise Reports FINANCIAL RESULTS for the THIRD quarter and NINE months ended SEPTEMBER 30, 2020

FUZHOU, China, Nov. 9, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), today announced its unaudited financial results for the third quarter and nine m...

2 years ago - PRNewsWire

Pingtan Marine Enterprise to Release 2020 Third Quarter Financial Results on November 9, 2020

FUZHOU, China, Nov. 6, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") announced today that it expects to release its financial results for the third q...

2 years ago - PRNewsWire

Pingtan's 21 Fishing Vessels Have Started Fishing Operations in the Indian Ocean

FUZHOU, China, Oct. 6, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), today announced that 21 of the Company's fishing vessels previously sent to the...

2 years ago - PRNewsWire

Pingtan Marine Enterprise Reports Financial Results For The Second Quarter Ended June 30, 2020

FUZHOU, China, Aug. 17, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd.

2 years ago - PRNewsWire

Pingtan Marine Enterprise to Release 2020 Second Quarter Financial Results on August 17, 2020

FUZHOU, China, August 14, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a global fishing company based in the People's Republic of China (PRC), anno...

2 years ago - PRNewsWire