BNET Industries
Market Cap:$255.3M
Last Fiscal Year Sales:$141.1M
- Public
Dow Jones Description
Wonder Auto Technology, Inc. is a Nevada holding company whose China-based operating subsidiaries, Jinzhou Halla Electrical Equipment Co., Ltd. ("Jinzhou Halla"), Jinzhou Dongwoo Precision Co., Ltd. ("Jinzhou Dongwoo"), Jinzhou Wanyou Mechanical Parts Co., Ltd. ("Jinzhou Wanyou"), Jinzhou Hanhua Electrical System Co., Ltd. ("Jinzhou Hanhua"), Jinzhou Karham Electrical Equipment Co., Ltd. ("Jinzhou Karham"), Jinzhou Wonder Motor Co., Ltd. ("Jinzhou Wonder Motor"), Jinzhou Wonder Dianzhuang Co., Ltd. (aka Jinzhou Wonder Electrical Equipment Co., Ltd.) ("Jinzhou Dianzhuang"), Fuxin Huirui Mechanical Co. Ltd. ("Fuxin Huirui") and Jinan Worldwide Auto Accessory Company ("Jinan Worldwide"), design, develop, manufacture and sell automotive electrical parts, specifically alternators and starters, suspension products, and engine valves and tappets in China. We have been producing alternators and starters in China since 1997. In 2007, we ranked second in sales revenue in China in the market for automobile alternators and starters. Most of our products are used in passenger cars, especially smaller engine vehicles with engine displacement between 1.3 liters and 2.0 liters. We offer over 150 different models of alternators and over 70 different models of starters. In addition, we have begun to manufacture and sell rectifier and regulator products for use in alternators as well as various rods and shafts for use in shock absorbers, alternators and starters.
Chairman, President & CEOQingjie Zhao
Number of Employees 2,698
Peer Companies
NAICS Code Motor Vehicle Transmission and Power Train Parts Manufacturing: 336350
Recent Events
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Todays Zacks Rank Momentum Buy: Wonder Auto Tech, Inc.
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Wonder Auto Reports Its First Quarter 2009 Financial Results
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TSC Rating's Updates: Kinder Morgan
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Wonder Auto Technology Announces Independent Directors Change
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Wonder Auto Reports Its Fourth Quarter and Full Year 2008 Financial Results
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Wonder Auto Technology Announces Development Agreements with Shenzhen BYD
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Wonder Auto Technology' Unit Signs Development Agreement With Shenzhen BYD - Update
News & Analysis
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wonder auto technology inc. - All News and Analysis
Wonder Auto Technology Announces June 12 as Date of its 2009 Annual Meeting of Stockholders
JINZHOU CITY, Liaoning, China, May 11 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG; "Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced that its 2009 annual stockholders meeting will be held at 9:00 a.m. China Standard time...
Wonder Auto Reports Its First Quarter 2009 Financial Results
JINZHOU CITY, China, May 4 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. (''Wonder Auto'' or ''the Company''), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced its financial results for the first quarter ended March 31, 2009. Highlights: -- Sales...
Wonder Auto Technology to Announce Its First Quarter of 2009 Financial Results on May 5
JINZHOU CITY, Liaoning, China, April 28 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced that it will report its financial results for the first quarter 2009 ended March 31, 2009,...
Wonder Auto Technology Announces Independent Directors Change
JINZHOU CITY, China, April 7 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology Inc. (Nasdaq: WATG; "Wonder Auto" or "the Company"), a leading manufacturer of automotive electrical and suspension parts in China, today disclosed that David Murphy and Xingye Zhang, two of the Company's independent directors, had resigned from the Company's Board of...
Zacks Bull and Bear of the Day Highlights: SINA Corporation, MBIA, Wonder Auto Technology, Cyclacel Pharmaceuticals and Nordstrom
CHICAGO -- Zacks Equity Research highlights SINA Corporation (Nasdaq: SINA) as the Bull of the Day and MBIA, Inc. (NYSE: MBI) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wonder Auto Technology (Nasdaq: WATG), Cyclacel Pharmaceuticals, Inc. (Nasdaq: CYCC) and Nordstrom (NYSE: JWN). ...
BellwetherReport.com Free Analyst Review for WATG.
M2 PRESSWIRE-20 March 2008-Bellwether Market Watch: BellwetherReport.com Free Analyst Review for WATGC1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased research on...
A Look into Wonder Auto Technology Inc.
M2 PRESSWIRE-20 March 2008-The Street Corner: A Look into Wonder Auto Technology Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 Streetinvesting.com has now resumed our progressive review of Wonder Auto Technology Inc. (NASDAQ:WATG) after it traded up $0.70 on above average volume....
Wonder Auto Technology Inc. Review in Progress.
M2 PRESSWIRE-19 March 2008-The Maybach Review: Wonder Auto Technology Inc. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:19032008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about...
CHINA'S WONDER AUTO GETS LISTED ON NASDAQ MAIN BOARD
AsiaInfo Services11-12-2007China's Wonder Auto Gets Listed on Nasdaq Main BoardJINZHOU, Nov 12, 2007 SinoCast via COMTEX -- Wonder Auto Technology, Inc. (Nasdaq: WATG), a leading supplier of automotive alternators and starters in China, made its stock listed on the Main Board of Nasdaq on November 8, 2007.In June 2006, the...
WONDER AUTO TO MARCH INTO OVERSEAS MARKET
AsiaInfo Services11-12-2007Wonder Auto to March into Overseas MarketJINZHOU, Nov 12, 2007 SinoCast via COMTEX -- Chinese alternators and starters manufacturer Wonder Auto Technology, Inc. (Nasdaq: WATG) is build a presence in the overseas market, on the strength of listing on the main board of Nasdaq Stock Market.In June 2006, the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Xie Yuechun | CEO Assistant |
| Timothy P. Halter | President (Principal Executive Officer) and Chief, Financial Officer (Principal Financial Officer) |
| Meirong Yuan | Director, Chief Financial Officer and Treasurer |
| Yuncong Ma | Coo |
| Jim Groh | Vice President of Strategic Planning |
| Seuk Jun Kim | Vice President of Research and Development |
| Yongdong Liu | Vice President of Production |
| Yuguo Zhao | Vice President, Sales and Marketing |
| Yuechun Xie | Investor Relations Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Qingjie Zhao | Chairman, President & CEO |
| Larry Goldman | Board of Directors |
| Xianzhang Wang | Board of Directors |
| Xiaoyu Zhang | Board of Directors |
Mr. Zhao is actively involved in strategic planning, business development and corporate policy development. Mr. Zhao joined Halla as Chairman in October 1997. Prior to this, he was employed by Jinzhou Shock Absorber Co., Ltd from January, 1989 as its Director of Research Department and Engineer. He became its Chief Executive Of?cer and Chief Engineer in 1991 and remained in the post until 1997. After graduating from the Liaoning Industry Academy (the "Academy", formerly Jinzhou Industry Academy) in 1982, Mr. Zhao became a professor and lecturer teaching "automotive design and mechanics", "limited element" and "random vibrations" at the Academy from 1982 to 1989. During that time, Mr. Zhao authored over 10 research theses and participated in numerous research projects. Most notably, Mr. Zhao performed research on the chassis of light vehicles, which was credited with several patents from the State Intellectual Property Of?ce of the PRC.
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Chairman, President & CEO | Current |
| Halla | Former |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | CEO Assistant | Current |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | President (Principal Executive Officer) and Chief, Financial Officer (Principal Financial Officer) | Current |
| Nevstar Corp | Officer | Current |
| DXP Enterprises, Inc. | Director | Current |
Meirong Yuan . Mr. Yuan became our Chief Financial Officer and Treasurer on June 22, 2006 and our director on March 2007. He has been the Vice President of Jinzhou Wonder Industrial Co., Ltd. Since June 2005. Mr. Yuan also served as a director of Jinzhou Halla since January 2002. From July 2003 to June 2005, Mr. Yuan served as the Vice President of Shenzhen Luante Asphalt Advanced Technology Co. Ltd. and was in charge of accounting and finance. Between October 2000 and October 2001, Mr. Yuan studied at ISMA Center in England. Mr. Yuan is a CPA in China and has a Ph.D. in management from South California University for Professional Study.
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Director, Chief Financial Officer and Treasurer | Current |
| Wonder Auto Technology, Inc | Board of Directors | Current |
| Halla | Director | Former |
Mr. Ma is responsible for Halla's overall operations. He has over 30 years of production experience and over 16 years of management experience in the automotive industry. Mr. Ma graduated from the Harbin Institute of Technology in 1970, specializing in machine crafting. After graduation, Mr. Ma worked for Jinzhou Huaguang Electron Tube Factory from 1970 to 1989. During that time, he worked in various posts in its production, technology and corporate structuring departments and was promoted to the post of Production Manager in 1984. Afterward, Mr. Ma joined Jinzhou Shock Absorber Co., Ltd. in 1989 as its Chief Engineer and Vice Factory Manager. He joined Halla in October 1997 as a Director and General Manager.
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Coo | Current |
| Halla | General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Vice President of Strategic Planning | Current |
Mr. Kim is responsible for Halla's research and development and quality control functions. In 1981, Mr. Kim graduated from Pohang University of Science and Technology in Korea with a bachelor's degree in automotive
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Vice President of Research and Development | Current |
Mr. Liu oversees the production, purchasing, human resources and administration functions of Halla. Mr. Liu graduated from the Suzhou Institute of Silk Textile Technology with a degree in weaving mechanical design in 1992. Between 1992 and 1996, Mr. Liu worked at Jinzhou Electrical and was responsible for its production technologies. He joined the Halla in June 1996, as a division head in the production department. He later became its department head in May 2001. Mr. Liu was promoted to Vice President in January 2005.
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Vice President of Production | Current |
Mr. Zhao is responsible for Halla's sales and after-sales operations. In 1979, Mr. Zhao graduated from the Jinzhou Agriculture Academy (formerly known as Jinzhou Agriculture Automotive School) with a degree in the Agricultural Machinery Department specializing in agricultural automation. Between 1980 and 1996, he worked for Jinzhou Electrical as its Production Department Manager, Chief of Production and Chief of Operations, among other posts. He joined Halla in June 1996, as the head of the sales department. Mr. Zhao was promoted to Vice President of Sales in January 2005.
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Vice President, Sales and Marketing | Current |
| Halla | Head of the Sales Department | Former |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Investor Relations Manager | Current |
Larry Goldman, age 50, became a part-time consultant to the company and was given the title of Vice President of Finance of the Company on March 23, 2007. Mr. Goldman is a certified public accountant with over 20 years of auditing, consulting and technical experience as a partner in a mid-size New York City based accounting firm, working with a wide variety of companies, assisting them in streamlining their operations and increasing profitability. Prior to joining the Company, Mr. Goldman worked as the Chief Financial Officer, Treasurer and Vice President of Finance of WinWin Gaming, Inc. (OTCBB: WNWN), a multi-media developer and publisher of sports, lottery and other games. Prior to joining WinWin, in October 2004, Mr. Goldman was a partner at Livingston Wachtell & Co., LLP and had been with that firm for the past 19 years. Mr. Goldman is also an independent director and audit committee chairman of Winner Medical Group Inc. (OTCBB: WMDG.OB), a China based manufacturer of medical disposable products and surgical dressings. Mr. Goldman has extensive experience in both auditing and consulting with public companies, and has experience providing accounting and consulting services to the Asian marketplace, having audited several Chinese public companies. Mr. Goldman presently serves as Acting CFO and Treasurer of Thorium Power, Ltd., a nuclear fuel technology company (OTCBB:THPW).
| Organization | Position | Status |
|---|---|---|
| Cybra Corporation | Vice President Finance | Current |
| Wonder Auto Technology, Inc | Board of Directors | Current |
| Winner Medical Group Inc | Director | Current |
| Winwin Gaming, Inc. | Chief Financial Officer | Former |
| Winwin Gaming, Inc. | Vice President of Finance | Former |
| Winwin, Inc. | Former | |
| Winwin Gaming, Inc. | Treasurer | Former |
| Thorium Power, Ltd | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wonder Auto Technology, Inc | Board of Directors | Current |
| Volume | 209,517 |
| Shares Outstanding | 26.9M |
| Market Cap | 255.3M |
| Year High | 11.38 |
| Year Low | 2.030 |
| Earnings Per Share | 0.75 |
| P/E Ratio | 12.6267 |
| Dividend | 0.00 |
| Yield | 0.00 |
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