OTC Bulletin Board S & P Company Insight for ASIA ELEC POWER INTL
Profile
	Business Summary: Asia Electrical Power International Group, Inc., through its wholly owned subsidiary, Asia Electrical Power Co. Ltd., operates as a manufacturer of secondary electrical power systems in China.   Address   2255 Renaissance Dr Ste A   Las Vegas , NV 89119-6194   Phone: 702-922-1939 Auditor   Robert G. Jeffrey , New Jersey Transfer Agent   Pacific Stock Transfer Co. Employees:  108 ShareHolders:  335 Founded:  2002 Domicile:  Nevada
Background
	Asia Electrical Power International Group, Inc., through its wholly owned subsidiary, Asia Electrical Power Co. Ltd., operates as a manufacturer of secondary electrical power systems in China. It manufactures various components in secondary electrical power systems, such as cabinet-type electric substations, outdoor switching-mechanisms, cable feeder pillars, and switching elements, as well as sells high, medium, and low voltage, complete-set equipment. The company, formerly known as Keiji International Group, Inc., was founded in 1997 and is based in Las Vegas, Nevada. History:  INCORPORATED in Nevada Aug. 30, 2002 as Berita International Corporation. Name changed to Keiji International Group Inc. Dec. 24, 2003; and to Asia Electrical Power International Group Inc. Sept. 24, 2004. January 23, 2003, issued 24,000,000 Common shares in exchange for the outstanding Common shares of Shenzhen Naiji Electrical Equipment Co., Ltd.   Subsidiaries: Shenzhen Naiji Electrical Equipment Co., Ltd.     Capital Expenditures, thousand. US Dollars   Year   Amount   2006   68   2005   130   2004   36
Management
	Management Officers Position  Yulong  Guo President & Chief Executive Officer  Xiaoling  Chen Secretary & Chief Financial Officer Directors  Dudley  Delapenha  Yulong  Guo
Annual Report
	Annual Report   Income Statement   2007 2006 Revenue $11,671,597 $8,074,012 Cost of sales 9,724,800 6,777,408 Gross Profit 1,946,797 1,296,604 Expenses: Selling and administrative expenses 1,063,509 767,955 Options issued for services 1,908,333 - Total operating expenses 2,971,842 767,955 Operating income (loss) (1,025,045) 528,649 Other Income and Expense: Other income 43,531 46,756 Interest income 85,024 - Interest and financial expense (39,627) (36,630) Other expense (10,720) (19,439) Income (Loss) Before Income Taxes (946,837) 519,336 Provision for Income Taxes: Return of refunds of prior periods - 60,574 Adjustment of previously accrued deferred tax asset - 31,997 Net tax provision - 92,571 Net income (loss) (946,837) 426,765 Other comprehensive income (loss) - foreign currency translated adjustments (8,651) 1,693 Total comprehensive income (loss) $(955,488) $428,458 Income (Loss) Per Share - Basic and Diluted $(0.02) $0.01 Weighted average Number of shares Outstanding 51,559,821 48,024,658 Operating Income As Calculated Depr. and Amort. Fixed Charges Coverage: Available for Fixed Charges Gross Fixed Charges Fixed Charges Times Earnings Fixed Charges Coverages and Preferred Dividends Times Earnings Capital Expenditures Research & Development Expenditures   Balance Sheet   2007 ASSETS Current Assets: Cash $2,920,073 Accounts receivables, net of provision for doubtful accounts 1,624,402 Other receivables 525,180 Advances to suppliers 249,188 Inventory 2,541,958 Total current assets 7,860,801 Fixed Assets: Land use right 2,429,518 Buildings 3,802,277 Production equipment 275,382 Office equipment 269,335 Vehicles 330,796 Construction in progress 567,557 * 7,674,865 Less accumulated depreciation and amortization 489,057 Net fixed assets 7,185,808 Other Assets: Deposits 811,598 Total other assets 811,598 Total Assets $15,858,207 LIABILITIES AND STOCKHOLDERS EQUITY Current Liabilities: Accounts payable $3,389,893 Advances from customers 921,789 Accrued liabilities 96,578 Other liabilities 1,570,396 Total current liabilities 5,978,656 Stockholders Equity: Common stock: authorized 150,000,000 shares of $0.001 par value; issued and outstanding 51,959,693 and 51,960 51,000,000 shares, respectively Preferred stock: authorized 5,000,000 shares of $0.001 par value; issued and outstanding 5,000,000 shares 5,000 Capital in excess of par value 7,932,156 Paid in capital - options 1,908,333 Retained deficit (198,327) Earnings appropriated for statutory reserves 183,749 Accumulated other comprehensive loss (3,320) Total stockholders equity 9,879,551 Total Liabilities and Stockholders Equity $15,858,207 Net Working Capital Equity per Share Depr. and Amort. Reserve Preferred Shares Issued Common Shares Issued Treasury Shares - Preferred Treasury Shares - Common
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2008   1 2,540,000   2007   1 1,940,000   2007   2 2,710,000   2007   4 3,620,000   2007   Full Year 11,670,000   2006   Full Year 8,080,000   2005   Full Year 6,840,000     Quarterly Net Income, US$ Year Quarter Revenue   2008   1 130,000   2007   1 70,000   2007   2 (1,710,000)   2007   4 350,000   2006   Full Year 477,000   2005   Full Year 290,000     Quarterly EPS, US$ Year Quarter Revenue   2008   1 Nil   2007   1 .03   2007   2 (.03)   2007   4 .01   2007   Full Year (.02)   2006   Full Year .02   2005   Full Year .01
Stock Data
	Capitalization as of 03/31/2007:     Authorized Shares Outstanding Shares Preferred $0.001 par 5,000,000 5,000,000so1 Common $0.001 par 150,000,000 51,000,000   LONG TERM DEBT: None.   Common $0.001 par   Stockholders:  04/16/2007, 335. PRINCIPAL STOCKHOLDERS: April 16, 2007, Yu Long Guo owned or controlled 46.9% of the Common, Xiao Ling Chen 10.4% and Ying Yang 9.0%.   Transfer Agent:  Pacific Stock Transfer Co.   Las Vegas , NV   OTC Bulletin Board( Primary): AEPW   Exchange Year High Low OTC Bulletin Board 2007 3.9500 0.1000 OTC Bulletin Board 2006 0.1000 0.1000   DIVIDENDS: Common $0.001 par: None.       so1Closely held.