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On Assignment



Company name in Chinese: / Company name in English: On Assignment
Headquarters: California, the United States of America Country: the United States of America
Established: 198 Website: http://www.onassignment.com
Main Business: Talent Dispatch Annual revenue of 2013: 1,632 million dollars
Stock Exchange: NASDAQ Stock Market Stock Code: ASGN
About: On Assignment (NASDAQ:ASGN) is a diversified professional staffing firm providing flexible and permanent staffing solutions in specialty skills, including laboratory/scientific, healthcare/nursing/physician, medical financial, information technology (IT) and engineering. The Company provides clients in these markets with short-term or long-term assignments of contract professionals, contract-to-permanent placement and direct placement of these professionals. The Company's business consists of four operating segments: Life Sciences, Healthcare, Physician, and IT and Engineering. On October 1, 2009, the Company acquired Fox Hill & Associates. In April 2010, the Company completed the acquisition of The Cambridge Group Ltd., a provider of specialized staffing in Physician, Clinical/Scientific and IT. In July 2010, the Company acquired Sharpstream. In February 2011, the Company acquired Valesta.

Major financial data in Fiscal 2013(Unit: $ million)

Operating profit Net profit Pre-tax profit Shareholders' equity
124 85 93 640
Total assets by the end of 2013 Average total assets Current assets Current liabilities
1,261 1,180 350 169
Receivable by the end of 2013 Average receivable Total liabilities Interest expense
262 253 621 16

Major financial ratios in Fiscal 2013:

Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average
Revenue growth rate 31.6% Higher Net profit margin 5.2% Higher
Total turnover ratio 1.4 Lower ROE 13.2% Higher
Accounts receivable turnover ratio 6.5 Lower Debt-asset ratio 49.2% Lower
ROA 6.7% Higher Current ratio 2.1 Higher
Operating margin 7.6% Higher Times Interest Earned 6.86 Lower