Bengang Steel Plates Co.,Ltd.



Quote for Bengang Steel Plates Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
200761
Status:
-
Stock Type:
B Share
Market Cap:
-
Open:
-
Prev Close:
-
Bid:
-
Ask:
-
Volume(*100):
-
Amount:
-
Limit Up:
-
Limit Down:
-
Day's Range:
-
P/E(ttm):
-
P/B ratio
-
Update:-
Currency in HKD Time=UTC+8200761 quote

Summary for Bengang Steel Plates Co.,Ltd.

BENGANG STEEL PLATES CO.,LTD. is principally engaged in the smelting of steel and the rolling and processing of steel plates. The Company primarily provides steel plates, steel billets and other products. During the year ended December 31, 2011, the Company produced approximately 9,668,700 metric tons of pig iron, 9,955,800 metric tons of crude steel, 8,970,600 metric tons of hot-rolled steel plates, 1,861,100 metric tons of cold-rolled steel plates, as well as 715,400 metric tons of special steel materials. The Company distributes its products in domestic markets and to overseas markets, with east China, northeast China and north China as its major markets.

Profile for Bengang Steel Plates Co.,Ltd.

Full Name:Bengang Steel Plates Co.,Ltd.
Full Name in Chinese:本钢板材股份有限公司 Short Name in Chinese:本钢板B
Symbol/Stock Code:
200761
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhang Xiaofang
Secretary of the Board:
Zhang Jichen
Phone:
+86-414-7828360
Fax:
+86-414-7824158
Official Website:
E-mail:bgbc761@126.com
Address:No. 16 Renmin Road,No.16 Renmin Road, Pingshan Dist,BENXI LIA 117000
IPO Subscription Date:
Listing Date:
1997-07-08
IPO Issued Capital:
400000000
IPO Price:
2.55

Financials for Bengang Steel Plates Co.,Ltd.

UPDATE:2012-10-21 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)
129.7964
795.8252
925.3668
-1545.191
Net Profit Growth(%)
-83.35
-13.99
159.88
-1035.96
Return On Equity(ROE)(%)
0.85
5.13
6.16
-10.94
Debt ratio(%)
62.22
62.10
58.05
59.43
Net Operating Cash Flow/Net Profit(%)
69.08
167.56
279.51
-232.26

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)
0.0400
0.2540
0.2950
-0.4930
Diluted Earnings Per Share
0.0000
0.2040
0.3270
-0.4731
Net Asset Value Per Share (NAVPS)
4.8900
4.9500
4.7900
4.5040
Additional Paid-In Capital Per Share
2.8134
2.8134
2.8032
2.7858
Retained Earnings Per Share
0.7847
0.8433
0.6895
0.4245
Net Cash Flow From Operatings Activities Per Share
0.0300
0.4300
0.8200
1.1444
Net Cash Flow Per Share
-0.1579
0.4655
-0.0359
-0.1527

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)
40721.5403
41059.3913
35871.7419
34821.6865
Total Liabilities(Million)
25340.5706
25499.9962
20826.4274
20697.0439
Current Liabilities(Million)
22973.5165
21747.5338
15881.9338
17821.2925
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
2476.4676
3242.9565
1475.0451
2842.9611
Accounts Receivables(Million)
390.4392
412.7804
344.857
578.4138
Deposit Received(Million)
2779.9827
2849.4782
3118.781
2538.5657
Other Receivables(Million)
123.5006
145.2982
106.04
93.6305
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
15346.6935
15524.7145
15010.3593
14124.6426
Debt ratio(%)
62.22
62.10
58.05
59.43
Equity Ratio(%)
37.6800
37.8100
41.8400
40.5600
Current Ratio
0.8769
0.9296
0.9518
0.8238
Quick Ratio
0.3554
0.3394
0.3034
0.3706

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)
23274.4899
28606.8555
30342.1427
27313.9284
Net Cash Flow From Operatings Activities(Million)
89.663
1333.4658
2586.4826
3588.9026
Net Cash Flow From Operatings Activities Change(%)
-64.22
-48.44
-27.93
-16.39
Net Cash Flow(Million)
-495.0542
1459.7404
-112.4589
-478.8243
Cash From Selling Commodities/Prime Revenue(%)
69.54
56.72
66.41
76.73
Net Cash Flow/Net Profit(%)
-381.41
183.42
-12.15
30.99
Cash Flow From Investing Activities(Million)
-1174.465
-2822.2069
-3859.1983
-3822.1058
Cash Flow From Financing Activities(Million)
597.4031
2951.5357
1158.2159
-245.4375

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)
33469.6037
50431.8501
45687.7505
35597.776
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
444.2636
535.3222
509.6853
360.7671
Administrative Costs(Million)
1193.4759
2700.8901
2861.5395
2425.5057
Financing Costs(Million)
437.2381
247.187
235.7273
127.8076
Above Three Costs Change(%)
-25.15
-3.43
23.78
-9.93
Operating Profit(Million)
163.5463
709.5119
1102.7988
-1263.5971
Income From Investment(Million)
-
0.6331
1.2107
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
25.8981
157.6815
-98.1742
-60.9471
Total Profit(Million)
189.4444
867.1934
1004.6246
-1324.5442
Corporate Income Tax(Million)
60.0523
71.6429
79.3026
220.6468
Net Profit(Million)
129.7964
795.8252
925.3668
-1545.191
Gross Profit Ratio(%)
7.02
8.53
10.79
4.95
Operating Margin(%)
0.48
1.40
2.41
-3.54
Return On Equity(ROE)(%)
0.85
5.13
6.16
-10.94

Announcements for Bengang Steel Plates Co.,Ltd.

Date: 2012-06-14
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 13 June 2012, during which the following proposal(s) was/were approved:
1. The Company's basic eligibility for non-public share offering to specific parties
2. Scheme for non-public A-share offering to specific parties(revision)
3. Preplan for non-public share offering(revision)
4. Report on major connected transactions involved in non-public share offering(revision)
5. Report on use of previously raised funds
6. Feasibility report on projects to be invested with proceeds from the non-public share offering(revision)
7. Authorization to the board to handle matters in relation to non-public share offering to specific parties
8. Non-public share offering conditional agreement on equity transfer
9. Non-public share offering conditional contract on transfering the exploration right
10. Amendments to the Company's articles of association.
Date: 2012-06-14
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (B shares):

1. Cash dividend/10 shares : CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none

Last trading day: 26 June 2012
Record date: 29 June 2012
Exchange rate: HKD:CNY=1:0.81180000
Ex-date: 27 June 2012
Payment date: 29 June 2012

Date: 2012-06-14
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 26 June 2012
Ex-date: 27 June 2012
Payment date: 27 June 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-06-08
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 13 June 2012.

Meeting agenda:
1. The Company's basic eligibility for non-public share offering to specific parties
2. Scheme for non-public A-share offering to specific parties(revision)
3. Preplan for non-public share offering(revision)
4. Report on major connected transactions involved in non-public share offering(revision)
5. Report on use of previously raised funds
6. Feasibility report on projects to be invested with proceeds from the non-public share offering(revision)
7. Authorization to the board to handle matters in relation to non-public share offering to specific parties
8. Non-public share offering conditional agreement on equity transfer
9. Non-public share offering conditional contract on transfering the exploration right
10. Amendments to the Company's articles of association

Meeting attendees:
1.B-share holders registered at CSDCC Shenzhen after the close of trading on 06 June 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: 11 June 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: 13 June 2012
Voting code:360761
Voting abbreviation:Bengang Steel Plates B voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 12 June 2012 to 13 June 2012.
Date: 2012-06-08
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 13 June 2012.

Meeting agenda:
1. The Company's basic eligibility for non-public share offering to specific parties
2. Scheme for non-public A-share offering to specific parties(revision)
3. Preplan for non-public share offering(revision)
4. Report on major connected transactions involved in non-public share offering(revision)
5. Report on use of previously raised funds
6. Feasibility report on projects to be invested with proceeds from the non-public share offering(revision)
7. Authorization to the board to handle matters in relation to non-public share offering to specific parties
8. Non-public share offering conditional agreement on equity transfer
9. Non-public share offering conditional contract on transfering the exploration right
10. Amendments to the Company's articles of association

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 06 June 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: 11 June 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: 13 June 2012
Voting code:360761
Voting abbreviation:Bengang Steel Plates voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 12 June 2012 to 13 June 2012.
Date: 2012-04-18
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 18 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-18
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 11 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors and work report of independent directors
2. Work report of the supervisory committee
3. 2011 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Appointment of audit firm
7. 2012 investment framework plan
8. Continuing connected transactions estimate
9. Provision for inventory write-down and bad debts
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none

Meeting attendees:
1. B-share holders registered at CSDCC Shenzhen after the close of trading on 03 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: 09 May 2012
Date: 2012-04-18
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 11 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors and work report of independent directors
2. Work report of the supervisory committee
3. 2011 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Appointment of audit firm
7. 2012 investment framework plan
8. Continuing connected transactions estimate
9. Provision for inventory write-down and bad debts
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 03 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: 09 May 2012
Date: 2011-06-29
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (B SHARES):

1. CASH DIVIDEND/10 SHARES : CNY1.000000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): NONE

LAST TRADING DAY: 04JUL11
RECORD DATE: 07JUL11
EXCHANGE RATE: HKD:CNY=1:0.8370
EX-DATE: 05JUL11
PAYMENT DATE: 07JUL11

Date: 2011-06-29
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY1.000000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): NONE


RECORD DATE: 04JUL11
EX-DATE: 05JUL11
PAYMENT DATE: 05JUL11

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: CNY0.100000(10 PERCENT X CNY1.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY0.900000(CNY1.000000- CNY0.100000)