Beijing WKW Automotive Parts Co., Ltd.



Quote for Beijing WKW Automotive Parts Co., Ltd.

Last Trade:
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Symbol/Code:
002662
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002662 quote

Summary for Beijing WKW Automotive Parts Co., Ltd.

Beijing WKW Automotive Parts Co., Ltd. is principally engaged in the manufacturing and distribution of passenger car internal and external decoration products. The Company primarily provides passenger car external decoration series, including outside door straight strip assemblies, door case/side case/side beam decoration strip assemblies, triangle window decoration strip assemblies, head cover/ windshield decoration assemblies, stainless steel light decoration strip assemblies, rubbing strips, upright decoration boards (B pillar/C pillar), baggage carrier assemblies and window frames, as well as passenger car internal decoration products, including layer assemblies, internal decoration boards and instrument board frames. The Company also offers aluminum profiles, as well as paints and powder for spraying.

Profile for Beijing WKW Automotive Parts Co., Ltd.

Full Name:Beijing WKW Automotive Parts Co., Ltd.
Full Name in Chinese:北京威卡威汽车零部件股份有限公司 Short Name in Chinese:京威股份
Symbol/Stock Code:
002662
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Jingyu
Secretary of the Board:
Bao Linuo
Phone:
+86-10-60276313
Fax:
+86-10-60279917
Official Website:www.beijing-wkw.com
E-mail:jingwei@beijing-wkw.com
Address:Tiantang River, Xizhuang Village,BEIJING 102609
IPO Subscription Date:
2012-02-29
Listing Date:
2012-03-09
IPO Issued Capital:
75000000
IPO Price:
20 CNY
IPO fees:
67862000 CNY
Money Raised by IPO:
1500000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1432138000 CNY
Open(Listing day):
21.50 CNY
Close(Listing day):
21.38 CNY
Diluted P/E ratio after IPO:
19.6100
Turnover rate(listing day):
56.99%

Financials for Beijing WKW Automotive Parts Co., Ltd.

UPDATE:2012-10-19 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)
264.4027
307.3415
276.5669
172.7203
Net Profit Growth(%)
23.27
11.12
60.12
-
Return On Equity(ROE)(%)
10.74
37.20
44.61
44.58
Debt ratio(%)
7.03
19.89
24.30
22.22
Net Operating Cash Flow/Net Profit(%)
82.32
96.51
90.99
114.39

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)
0.4600
1.3700
1.2300
0.7700
Diluted Earnings Per Share
0.0000
1.3700
1.2300
0.7600
Net Asset Value Per Share (NAVPS)
4.1000
3.6715
2.7556
1.7221
Additional Paid-In Capital Per Share
1.8633
0.0043
0.0043
0.0000
Retained Earnings Per Share
1.1150
2.3315
1.5422
1.0389
Net Cash Flow From Operatings Activities Per Share
0.3600
1.3200
1.1200
0.8800
Net Cash Flow Per Share
2.1195
-0.1554
0.0570
0.4781

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)
2703.5844
1219.456
985.659
700.756
Total Liabilities(Million)
190.1163
242.6427
239.6002
155.7524
Current Liabilities(Million)
190.1163
242.6427
239.6002
155.7524
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1409.0569
137.3819
172.3475
159.5139
Accounts Receivables(Million)
220.543
134.2388
188.236
139.5658
Deposit Received(Million)
-
0.0173
1.0699
0.0791
Other Receivables(Million)
0.0555
11.5851
0.156
6.7216
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2462.5115
826.0935
620.002
387.4778
Debt ratio(%)
7.03
19.89
24.30
22.22
Equity Ratio(%)
91.0800
67.7400
62.9000
55.2900
Current Ratio
11.7213
3.3696
2.9421
3.5820
Quick Ratio
9.8866
2.2595
2.0670
2.5435

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)
1309.023
1535.4459
1072.5375
727.9618
Net Cash Flow From Operatings Activities(Million)
217.6636
296.6168
251.6438
197.5701
Net Cash Flow From Operatings Activities Change(%)
27.03
17.87
27.37
-
Net Cash Flow(Million)
1271.675
-34.9656
12.8337
107.5618
Cash From Selling Commodities/Prime Revenue(%)
108.83
109.53
92.27
100.65
Net Cash Flow/Net Profit(%)
480.96
-11.38
4.64
62.28
Cash Flow From Investing Activities(Million)
-158.0528
-83.2862
-245.6664
-15.9911
Cash Flow From Financing Activities(Million)
1211.6492
-249.3789
7.6146
-74.5

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)
1202.8684
1401.8207
1162.4328
723.2723
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
52.9652
55.6958
43.2419
26.4853
Administrative Costs(Million)
64.441
72.847
58.9621
46.8834
Financing Costs(Million)
-16.9729
-0.2412
2.7004
-0.9479
Above Three Costs Change(%)
6.92
22.30
44.85
-
Operating Profit(Million)
386.9154
469.7904
461.0671
294.4137
Income From Investment(Million)
15.6302
-2.8223
-1.1739
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.1182
0.2098
-0.97
1.4809
Total Profit(Million)
388.0336
470.0001
460.0971
295.8945
Corporate Income Tax(Million)
91.3845
117.6244
107.652
48.9071
Net Profit(Million)
264.4027
307.3415
276.5669
172.7203
Gross Profit Ratio(%)
40.00
43.58
49.05
50.90
Operating Margin(%)
32.16
33.51
39.66
40.70
Return On Equity(ROE)(%)
10.74
37.20
44.61
44.58

Announcements for Beijing WKW Automotive Parts Co., Ltd.

Date: 2012-09-13
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2012 interim distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 20 September 2012
Ex-date: 21 September 2012
Payment date: 21 September 2012
Listing date of the bonus issues: 21 September 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: CNY0.40000000(10 percent x CNY4.00000000)
Net cash dividend/10 shares after tax: CNY3.60000000(CNY4.00000000- CNY0.40000000)
Date: 2012-08-31
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 30 August 2012, during which the following proposal(s) was/were approved:
1. 2012 interim profit distribution plan: cash dividend/10 shares (tax included): CNY4.0000
2. 2012 interim Bonus shares from capital reserve: 10 shares per 10 shares
3. Capital increase in four subsidiaries with partial raised funds, Change of implementation party of projects invested with raised funds and replacement of self-raised funds with raised funds
4. Amendments to the Company's articles of association
Date: 2012-08-15
Title: INTERIM DIVIDEND
The Company issued its 2012 interim report on 15 August 2012.

The profit distribution proposal for 2012:
1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-08-15
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:30 on 30 August 2012.

Meeting agenda:
1. 2012 interim profit distribution plan: cash dividend/10 shares (tax included): CNY4.0000
2. 2012 interim Bonus shares from capital reserve: 10 shares per 10 shares
3. Capital increase in four subsidiaries with partial raised funds, Change of implementation party of projects invested with raised funds and replacement of self-raised funds with raised funds
4. Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 24 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 29 August 2012 to 29 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: 30 August 2012
Voting code:362662
Voting abbreviation:WKW 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 29 August 2012 to 30 August 2012.
Date: 2012-06-06
Title: PLACING SHARE LISTING
The Company's 15 million A-shares placed to the institutional investors through offline placement will reach the 3-month lock-up period and be listed on the Shenzhen Stock Exchange as of 11 June 2012.
Date: 2012-05-31
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 30 May 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. By-election of Chen Shuangyin as supervisor.
Date: 2012-05-15
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 30 May 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. By-election of Chen Shuangyin as supervisor

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 25 May 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: 29 May 2012
Date: 2012-03-08
Title: IPO SHARE LISTING
The Company issued a total of 75 million shares (code:002662) in its initial public offering. Of the shares,60 million shares will be listed on the Shenzhen Stock Exchange on 09 March 2012 while the remainder will become tradable three months later.
Date: 2012-02-28
Title: IPO-ONLINE SUBSCRIPTION
Beijing WKW Automotive Parts Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 75.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002662
3. Stock abbreviation: WKW
4. Issuing volume: 75.000000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 15.000000 million shares
9. Online offering volume: 60.000000 million shares
10. Price: CNY20.00 per share
11. Offline subscription period: 29 February 2012
12. Online subscription date: 29 February 2012.
Date: 2012-02-20
Title: IPO
Beijing WKW Automotive Parts Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 75.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 75.0000 million shares
3.Par value: CNY1.00 per share
4.Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
5.Targeted listing bourse: Shenzhen Stock Exchange
6.Offline placement volume: 15.0000 million shares
7.Online offering volume:60.0000 million shares
8.IPO price inquiry period: from 21 February 2012 to 24 February 2012
9.IPO price determined: 28 February 2012
10.Offline subscription date:29 February 2012
11.Online subscription date: 29 February 2012
12.Expected listing date:N/A.