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Green Grass Ecological Technology Development Co., Ltd. (QQCY)

Green Grass Ecological will go public soon, but the exact IPO date is still unknown.
Stock Price: Pending
IPO price not available yet

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Key Info

Market Cap n/a
Revenue (ttm) 24.13M
Net Income (ttm) 5.87M
Shares Out n/a
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

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More Stats

Market Cap n/a
Enterprise Value n/a
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding n/a
Float n/a
EPS (basic) n/a
EPS (diluted) n/a
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Revenue 24.13M
Operating Income n/a
Net Income 5.87M
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Gross Margin n/a
Operating Margin n/a
Profit Margin 24.32%
FCF Margin n/a
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ROE n/a
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$n/a*
*No analysts have provided price targets for this stock.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018
Revenue24.1322.08
Revenue Growth9.29%-
Net Income / Loss5.875.11
Earnings Growth14.91%-
Numbers in millions USD.

Company Profile

Company Details

Full Name Green Grass Ecological Technology Development Co., Ltd.
Country China
Employees 30
CEO Jian Sun

Stock Information

Ticker Symbol QQCY
Stock Exchange NASDAQ
Unique Identifier NASDAQ: QQCY
IPO Date Pending

Description

Green Grass Ecological Technology Development is currently engaged in the businesses of specialty agriculture farming of alfalfa, wasteland transformation, agriculture harvesting services and biomass raw materials (straw and agriculture residue) collection and processing for power plants and paper mills. We signed contracts with the local counties of Feng Zhen City in the Inner Mongolian Autonomous Region for use rights to mostly abandoned and wastelands comprising 74,220 mu or 12,228 acres (approximately 50 square kilometers) in August 2013. We grow and farm alfalfa on these lands that lack water resources or are far from the villages and cannot be farmed without modern technologies and machinery. We obtain the contractual rights for the use of these abandoned and wastelands from the local government through a land use rights transfer process at a much lower cost than normal market prices. We then use biological and engineering measures to construct desertification protection systems for these wastelands, and use drip technologies to efficiently utilize the available water resources to grow alfalfa.