Deer Consumer Products (DEER US)

Deer Consumer Products Inc. designs and manufactures home and kitchen electronics marketing to both global and China domestic consumers.  The Company’s product lines include blenders, juicers, soy milk makers and a variety of other home appliances.

In Mar 2011, Alfred Little pointed out that the company’s profit margin is impossibly high, and his visits to the stores show that retail sales were very weak. He accused the company of inflating sales and accounts receivable, overstating the size and profitability of the business.

The company was delisted in Mar 2013.

Seeking Alpha: The Problems With Deer Consumer Products, 17 Mar 2011

Deer Consumer Products: Annual Report 2010;  Annual Report 2011

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