Private company

Pingtan Marine Enterprise Ltd.

Pingtan Marine Enterprise Ltd. is a fishing company in the Cayman Islands.1 It is headquartered in Fuzhou, China.1

Last updated Oct 20, 2026.

Overview

$164.1MRevenue, fiscal 20212
-$2.4MNet income, fiscal 20212
  • IndustryFishing, Hunting and Trapping1
  • HeadquartersFuzhou, China1
  • Incorporated inCayman Islands3
  • Business address18-19/F, Zhongshan Building A,, No. 154 Hudong Road, Fuzhou, F4 3500013
  • Filer categoryNon-accelerated filer3

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-7.7%Gross margin2
8.3%Operating margin2
-1.5%Net margin2
88.1%Revenue growth, 20212
-3.1%Return on equity2
3.15×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue91¢$176.7M
  • Interest9¢$17.4M
  • Income tax0¢$1.7K

Out of $164.1M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2021

  • Kept or used elsewhere100¢$29.3M

Out of $29.3M of cash from operations.2

Financial statements

Revenue456782$164.1M in 2021−30% since 2014
0$100.0M$200.0M$300.0M2014: $233.4M$233.4M20142015: $60.7M$60.7M2015−74%2016: $20.5M$20.5M2016−66%2017: $63.2M$63.2M2017+208%2018: $64.3M$64.3M2018+2%2019: $89.6M$89.6M2019+39%2020: $87.2M$87.2M2020−3%2021: $164.1M$164.1M2021+88%
Gross profit456782-$12.6M in 2021
-$25.0M0$25.0M$50.0M$75.0M$100.0M2014: $77.6M$77.6M20142015: -$2.8M-$2.8M20152016: -$8.8M-$8.8M2016+217%2017: $22.1M$22.1M20172018: $31.0M$31.0M2018+40%2019: $25.2M$25.2M2019−19%2020: -$2.4M-$2.4M20202021: -$12.6M-$12.6M2021+422%
Operating income456782$13.6M in 2021−81% since 2014
-$100.0M-$50.0M0$50.0M$100.0M2014: $70.4M$70.4M20142015: $24.0M$24.0M2015−66%2016: -$13.4M-$13.4M20162017: $33.3M$33.3M20172018: $15.9M$15.9M2018−52%2019: $13.2M$13.2M2019−17%2020: -$68.5M-$68.5M20202021: $13.6M$13.6M2021
Net income456782-$2.4M in 2021
-$100.0M-$50.0M0$50.0M$100.0M2014: $85.8M$85.8M20142015: $18.4M$18.4M2015−79%2016: -$13.7M-$13.7M20162017: $29.7M$29.7M20172018: $13.4M$13.4M2018−55%2019: $5.7M$5.7M2019−58%2020: -$72.9M-$72.9M20202021: -$2.4M-$2.4M2021−97%
Fiscal year20142015201620172018201920202021
Revenue$233.4M4$60.7M5$20.5M6$63.2M7$64.3M8$89.6M2$87.2M2$164.1M2
Cost of revenue$155.8M4$63.5M5$29.3M6$41.1M7$33.2M8$64.4M2$89.7M2$176.7M2
Gross profit$77.6M4-$2.8M5-$8.8M6$22.1M7$31.0M8$25.2M2-$2.4M2-$12.6M2
Operating expenses-$26.2M2
Operating income$70.4M4$24.0M5-$13.4M6$33.3M7$15.9M8$13.2M2-$68.5M2$13.6M2
Interest$4.8M4$3.6M5$2.0M6$2.4M7$1.2M8$6.1M2$13.4M2$17.4M2
Income before tax-$2.4M2
Income tax$9846$1.7K2
Net income$85.8M4$18.4M5-$13.7M6$29.7M7$13.4M8$5.7M8-$72.9M8-$2.4M2
Earnings per share$0.072-$0.922-$0.032
Earnings per share (diluted)$0.072-$0.922-$0.032
Shares (weighted, basic)84.9M shares2
Shares (weighted, diluted)84.9M shares2

Compare Pingtan Marine Enterprise Ltd. with another company

Corporate structure

Pingtan Marine Enterprise Ltd. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Pingtan Marine Enterprise Ltd.

  • Xinrong Zhuo Filed SC 13D/A on Pingtan Marine Enterprise Ltd., latest Feb 15, 2023
  • Pingtan Marine Enterprise Ltd. Fuzhou, China

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Pingtan Marine Enterprise Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$344.8M2 Dec 31, 2021$305.3M2 Dec 31, 2020+13.0%
Accumulated depreciation$72.6M2 Dec 31, 2021$55.1M2 Dec 31, 2020+31.7%
Property and equipment, net$272.2M2 Dec 31, 2021$250.2M2 Dec 31, 2020+8.8%
Finance-lease assets$465.0K2 Dec 31, 2021$64.2K2 Dec 31, 2020+624.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.8M2 Dec 31, 2021$691.9K2 Dec 31, 2020+736.7%
Stakes in other companies (equity method)$29.7M2 Dec 31, 2021$29.7M2 Dec 31, 2020−0.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$55.0M2 Dec 31, 2021$67.6M2 Dec 31, 2020−18.7%

Leadership

Who has led Pingtan Marine Enterprise Ltd., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jin Shi2011
  2. Xinrong Zhuo2013–2018

Chief financial officer

  1. Xuesong Song2011
  2. Yang Yu2017
  3. Liming Yung2019–2021
201520202025
  • Chief executive officerXinrong Zhuo Feb 28, 2013 to Jun 19, 201810
  • Chief executive officerJin Shi Jun 6, 2011 to Jun 6, 201111
  • Chief financial officerLiming Yung Dec 12, 2019 to Jul 23, 202112
  • Chief financial officerYang Yu Nov 8, 2017 to Nov 8, 201713
  • Chief financial officerXuesong Song Jun 6, 2011 to Jun 6, 201114
Board members and other officers (10)

Former names

  • China Growth Equity Investment LtdApr 6, 2011 to Feb 25, 20133

Timeline

  1. Nov 16, 20218-K Completed an acquisition or sale; Regulation FD disclosure22
  2. Oct 21, 20218-K Other events23
  3. Oct 19, 20218-K Listing notice or transfer; Regulation FD disclosure24
  4. Feb 28, 2013New chief executive Xinrong Zhuo becomes CEO10
  5. Jun 6, 2011New chief executive Jin Shi becomes CEO11

Filings

23 filings to the SEC since October 2021: 3 annual reports, 3 quarterly reports, 3 major events, 1 large holders, 13 other. The latest 20:

  1. Feb 28, 20236-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Feb 15, 2023SC 13D/A AMENDMENT NO. 1 TO SCHEDULE 13D EDGAR
  3. Dec 28, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  4. Dec 22, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  5. Oct 31, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  6. Oct 31, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. Oct 26, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. May 18, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  9. May 17, 202220-F ANNUAL REPORT EDGAR
  10. May 2, 2022NT 20-F NOTIFICATION OF LATE FILING EDGAR
  11. Jan 3, 20226-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  12. Dec 29, 20216-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Dec 10, 20216-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Nov 16, 20218-K CURRENT REPORT EDGAR
  15. Nov 16, 2021NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  16. Nov 16, 202110-Q QUARTERLY REPORT EDGAR
  17. Nov 12, 2021DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
  18. Oct 21, 20218-K CURRENT REPORT EDGAR
  19. Oct 19, 202110-Q QUARTERLY REPORT EDGAR
  20. Oct 19, 202110-Q QUARTERLY REPORT EDGAR

The 23 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Pingtan Marine Enterprise Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPingtan Marine Enterprise Ltd.1
  • CIK0001517130
  • Filer statusNon-accelerated filer1
  • Incorporated inCayman Islands1
  • Fiscal year endsDecember 311
  • Industry code (SIC)0900 Fishing, Hunting and Trapping1
  • Business address18-19/F, Zhongshan Building A,, No. 154 Hudong Road, Fuzhou, F4 3500011
  • Phone86-591-8727-12661
  • Shares outstanding85,940,965 as of Dec 31, 20212
  • Public float$39.0M as of Jun 30, 20208
  • On EDGAR sinceApr 6, 20111
  • Filings318 in all: 8-K (125), 10-Q (32), 4 (18), 3 (16), UPLOAD (12), CORRESP (11), 10-K (10), 6-K (10)1
    All 37 form types

    DEF 14A (9), DEFA14A (7), 10-Q/A (6), S-1/A (6), SC 13G/A (6), 10-K/A (5), EFFECT (5), SC 13G (5), NT 10-Q (4), S-3 (4), 25-NSE (3), PRER14A (3), S-3/A (3), 424B4 (2), 424B5 (2), 20-F (1), 8-A12B (1), 8-A12B/A (1), 8-K/A (1), ARS (1), CERTNAS (1), DEFM14A (1), NT 10-K (1), NT 20-F (1), PRE 14A (1), PREM14A (1), S-1 (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (20-F) May 17, 2022
    Quarterly report (10-Q) Nov 16, 2021
    Proxy statement (DEF 14A) Nov 12, 2021
    Latest 8-K (8-K) Nov 16, 2021

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
    SEC EDGAROther events
  24. 24
  25. 25