Beijing Kangde Xin Composite Material Co.,Ltd.



Quote for Beijing Kangde Xin Composite Material Co.,Ltd.

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Symbol/Code:
002450
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002450 quote

Summary for Beijing Kangde Xin Composite Material Co.,Ltd.

Beijing Kangde Xin Composite Material Co.,Ltd. is principally engaged in the development, production and distribution of laminating films, laminating equipment and optical films. The Company's major products include bi-axially oriented polypropylene (BOPP) films, mainly used in packaging of books, magazines, food, medicines and articles for daily use; bi-oriented polyester (BOPET) films, mainly used in advertisement products, promotion products and cards and credentials, among others, as well as specialty laminating films. The Company's laminating films are mainly used to attach to the surfaces of goods for decoration and protection. The Company's laminating equipment is mainly film laminating machine.

Profile for Beijing Kangde Xin Composite Material Co.,Ltd.

Full Name:Beijing Kangde Xin Composite Material Co.,Ltd.
Full Name in Chinese:北京康得新复合材料股份有限公司 Short Name in Chinese:康 得 新
Symbol/Stock Code:
002450
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhong Yu
Secretary of the Board:
Jin Daming
Phone:
+86-10-89710777
Fax:
+86-10-80107261
Official Website:www.kangdexin.com
E-mail:kdx@kangdexin.com
Address:No. 26,Changping Sci. and Tech. Park,,BEIJING BEJ 102200
IPO Subscription Date:
2010-07-05
Listing Date:
2010-07-16
IPO Issued Capital:
40400000
IPO Price:
14.2 CNY
IPO fees:
35843600 CNY
Money Raised by IPO:
573680000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
537836400 CNY
Open(Listing day):
19.01 CNY
Close(Listing day):
20.05 CNY
Diluted P/E ratio after IPO:
52.5900
Turnover rate(listing day):
87.52%

Financials for Beijing Kangde Xin Composite Material Co.,Ltd.

UPDATE:2012-10-23 Annual Report Abstract:(All Currency In CNY)

Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Net Profit(after tax)(Million)
300.0948
130.7667
70.0925
46.2626
Net Profit Growth(%)
189.51
86.56
51.51
60.10
Return On Equity(ROE)(%)
10.29
12.73
7.88
16.96
Debt ratio(%)
33.99
44.58
22.28
51.15
Net Operating Cash Flow/Net Profit(%)
38.02
122.98
155.65
99.61

Per Share Financial Data:(All Currency In CNY)

Per Share Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Earnings Per Share(EPS)
0.5333
0.4046
0.2539
0.3983
Diluted Earnings Per Share
0.0000
0.3967
0.2406
0.3783
Net Asset Value Per Share (NAVPS)
4.7088
3.1789
5.5073
2.2502
Additional Paid-In Capital Per Share
2.7958
1.3168
3.5494
0.5513
Retained Earnings Per Share
0.8106
0.7660
0.8602
0.6279
Net Cash Flow From Operatings Activities Per Share
0.1800
0.4976
0.6751
0.3802
Net Cash Flow Per Share
3.0426
0.0609
3.1137
1.0973

Balance Sheet:(All Currency In CNY)

Assets And Liabilities/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Total Assets(Million)
4457.7066
1899.1629
1145.1342
558.3246
Total Liabilities(Million)
1515.5519
846.7964
255.1534
285.5987
Current Liabilities(Million)
1308.8674
839.5606
153.2051
233.8196
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
2569.2289
683.9574
664.2796
161.099
Accounts Receivables(Million)
239.8804
127.0223
49.518
33.7082
Deposit Received(Million)
35.6872
40.6452
19.731
0.2468
Other Receivables(Million)
6.8243
7.2886
5.743
3.7172
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2917.6895
1027.4166
889.9807
272.7259
Debt ratio(%)
33.99
44.58
22.28
51.15
Equity Ratio(%)
65.4500
54.0900
77.7100
48.8400
Current Ratio
2.6677
1.3945
5.3122
1.1765
Quick Ratio
2.4891
1.2098
5.0660
1.0235

Cash Flow Statement:(All Currency In CNY)

Cash Flow/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Cash From Selling Commodities(Million)
1579.9808
1724.817
563.1491
390.6113
Net Cash Flow From Operatings Activities(Million)
114.091
160.8176
109.0955
46.0799
Net Cash Flow From Operatings Activities Change(%)
89.08
47.41
136.75
32.45
Net Cash Flow(Million)
1885.2715
19.6778
503.1806
132.9879
Cash From Selling Commodities/Prime Revenue(%)
108.27
113.03
107.43
107.19
Net Cash Flow/Net Profit(%)
628.23
15.05
717.88
287.46
Cash Flow From Investing Activities(Million)
-394.0911
-524.8889
-69.8232
12.2384
Cash Flow From Financing Activities(Million)
2166.2131
385.1231
464.0642
74.8682

Income Statement:(All Currency In CNY)

Income Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Prime Operating Revenue(Million)
1459.3033
1526.0212
524.2011
364.3993
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
23.9951
24.8687
16.1053
10.1278
Administrative Costs(Million)
64.9095
64.8004
28.8426
15.2347
Financing Costs(Million)
38.0128
34.5958
12.7626
11.9045
Above Three Costs Change(%)
74.25
115.32
54.86
37.77
Operating Profit(Million)
346.6196
164.2222
78.4575
51.6311
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
9.0985
3.0794
4.309
2.8105
Total Profit(Million)
355.7181
167.3016
82.7665
54.4416
Corporate Income Tax(Million)
56.108
36.7228
12.674
8.1791
Net Profit(Million)
300.0948
130.7667
70.0925
46.2626
Gross Profit Ratio(%)
33.60
19.40
26.18
24.68
Operating Margin(%)
23.75
10.76
14.96
14.16
Return On Equity(ROE)(%)
10.29
12.73
7.88
16.96

Announcements for Beijing Kangde Xin Composite Material Co.,Ltd.

Date: 2012-08-27
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 24 August 2012, during which the following proposal(s) was/were approved:
1. The Company's eligibility for issuance of corporate bonds
2. Scheme on issuance of corporate bonds
2.1. Issuing volume
2.2. Bond duration
2.3. Bond rate and determination method
2.4. Method of issuance
2.5. Arrangement for placement to shareholders
2.6. Purpose of the raised funds
2.7. Listing of the bonds
2.8. The valid period of the resolution
3. Authorization to the board to handle matters in relation to issuance of corporate bonds
4. Mandate to the board to take guarantee measures for repayment in the event that the Company is expected to fail to repay principal and interest of bonds on schedule or the Company fails to repay principal and interest of bonds on schedule at maturity date
5. By-election of directors, accumulative voting system applicable
5.1. Election of Yan Guixin as non-independent director
5.2. Election of Wang Yu as non-independent director
6. Additional guarantee quota of CNY600 million for wholly-owned and controlled subsidiary
7. Change of 2012 audit firm
8. Shareholder return plan for the next three years from 2012 to 2014
9. Amendments to the Company's articles of association
Date: 2012-08-09
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:30 on 24 August 2012.

Meeting agenda:
1. The Company's eligibility for issuance of corporate bonds
2. Scheme on issuance of corporate bonds
2.1. Issuing volume
2.2. Bond duration
2.3. Bond rate and determination method
2.4. Method of issuance
2.5. Arrangement for placement to shareholders
2.6. Purpose of the raised funds
2.7. Listing of the bonds
2.8. The valid period of the resolution
3. Authorization to the board to handle matters in relation to issuance of corporate bonds
4. Mandate to the board to take guarantee measures for repayment in the event that the Company is expected to fail to repay principal and interest of bonds on schedule or the Company fails to repay principal and interest of bonds on schedule at maturity date
5. By-election of directors, accumulative voting system applicable
5.1. Election of Yan Guixin as non-independent director
5.2. Election of Wang Yu as non-independent director
6. Additional guarantee quota of CNY600 million for wholly-owned and controlled subsidiary
7. Change of 2012 audit firm
8. Shareholder return plan for the next three years from 2012 to 2014
9. Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 22 August 2012 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: from 23 August 2012 to 23 August 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.
Part I Voting via the trading system
Voting date: 24 August 2012
Voting code:362450
Voting abbreviation:Kangde Xin voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Investors Meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
Shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 23 August 2012 to 24 August 2012.
Date: 2012-07-26
Title: RESTRICTED SHARE LISTING
Among the Company's 4802752 restricted shares to be unlocked on 27 July 2012, 3391984 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-06-06
Title: NON-PUBLIC LISTING
The Company's 102.5 million restricted A-shares via non-public offering will be listed on Shenzhen Stock Exchange as of 07 June 2012.
Date: 2012-03-16
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.40000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 6.0000


Record date: 21 March 2012
Ex-date: 22 March 2012
Payment date: 22 March 2012
Listing date of the bonus issues: 22 March 2012.
10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details:
Tax on cash dividend/10 shares: CNY0.04000000(10 percent x CNY0.40000000)
Net cash dividend/10 shares after tax: CNY0.36000000(CNY0.40000000- CNY0.04000000)
Date: 2012-03-06
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 05 March 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 financial resolution report
3. 2011 annual report and its summary
4. 2011 work report of the supervisory committee
5. Re-appointment of 2012 audit firm
6. 2011 profit distribution preplan
7. Guarantee quota for wholly-owned subsidiaries
8. Special report on the deposit and use of raised funds in 2011
9. Amendments to the Company's articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.40000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 6.00.
Date: 2012-02-13
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 13 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.40000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):6.0000.
Date: 2012-02-13
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 14:30 on 05 March 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 financial resolution report
3. 2011 annual report and its summary
4. 2011 work report of the supervisory committee
5. Re-appointment of 2012 audit firm
6. 2011 profit distribution preplan
7. Guarantee quota for wholly-owned subsidiaries
8. Special report on the deposit and use of raised funds in 2011
9. Amendments to the Company's articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.40000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 6.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 01 March 2012 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: 02 March 2012
Date: 2011-12-20
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2011 on 19 December 2011, during which the following proposal(s) was/were approved:
1. Re-election of directors including Zhong Yu, Xu Shu, Jin Daming, Guo Haibin, Lv Xiaojin, Bao Guanqian, Wang Donghan
2. Re-election of supervisors including Na Baoli, Yuan Yuan
3. Amendments to the Company's articles of association.
Date: 2011-12-02
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2011 at 14:30 on 19 December 2011.

Meeting agenda:
1. Re-election of directors including Zhong Yu, Xu Shu, Jin Daming, Guo Haibin, Lv Xiaojin, Bao Guanqian, Wang Donghan
2. Re-election of supervisors including Na Baoli, Yuan Yuan
3. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 December 2011 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: 15 December 2011