Boston, MA, 11/19/2013 – Big Tree Group Inc (OTCMKTS:BIGG) previously known as Transax International Ltd is a company involved in distributing, sourcing & contractual-manufacturing of a range of toys that are targeted at all age groups.
For complete research report please click Big Tree Group
Big Tree Group Inc (OTCMKTS:BIGG) had an exemplary 2013 Q2. There was a 99% rise in its revenues on a y-o-y basis from the $6M that it stood at in the 2012 Q2 to $11.9M in the 2013 Q2. The company reported gross-profits of $0.89M which also stood 10% above the 2012 Q2 figures of $0.81M. There was a drop in gross margins to 7.5% from 13.5% from the same quarter of 2012. This has been attributed to additional staffing, the competitive prices that are being offered to gain global orders as well as expenses that are incurred for launching its 2nd showroom in the city of Shantou in China.
The company operates as a single source that provides a variety of solutions to the toys industry. It has an expansive range of 800,000 toys that are crafted from metal, wood, plastic and various electronic components. Big Tree Group Inc (OTCMKTS:BIGG) operates via its 2 subsidiaries BT Shantou & BT Brunei. In 2011, the company completed a reverse-merger to buy BT Brunei.
Big Tree Group Inc (OTCMKTS:BIGG) seems to offers an excellent opportunity for investment due to various factors. The shares are still trading at a manageable price of $0.24. The company has very healthy financials and its gross margins are well within an acceptable range. The company has also been successful in keeping its operational costs under a tight rein. Global inspections have also given Big Tree Group Inc (OTCMKTS:BIGG) a head start over its peers and it has managed to build a very sturdy order backlog for the impending shopping season. The company is also ensuring that all its deliveries are being executed on schedule.
For complete research report please click Big Tree Group
