Blackcow Food Co.,Ltd.



Quote for Blackcow Food Co.,Ltd.

Last Trade:
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Change:
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Symbol/Code:
002387
Status:
-
Stock Type:
A Share
Market Cap:
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Open:
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Prev Close:
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Bid:
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Ask:
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Volume(*100):
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Amount:
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Currency in CNY Time=UTC+8002387 quote

Summary for Blackcow Food Co.,Ltd.

Blackcow Food Co., Ltd. is principally engaged in the research, development, production and distribution of soybean and grain nutritious drinks. The Company's major products are soybean protein drinks, oatmeal and other grain cordial drinks, such as soybean milk powder, sesame paste, walnut powder and liquid soybean milk, among others. It distributes its products primarily in domestic market. As of December 31, 2010, the Company had four subsidiaries, which involved in the production and distribution of soybean drinks, oatmeal and other grain products.

Profile for Blackcow Food Co.,Ltd.

Full Name:Blackcow Food Co.,Ltd.
Full Name in Chinese:黑牛食品股份有限公司 Short Name in Chinese:黑牛食品
Symbol/Stock Code:
002387
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Lin Xiuhao
Secretary of the Board:
Huang Shuzhong
Phone:
+86-754-88106868*8081
Fax:
+86-754-88107793
Official Website:www.blackcow.cn
E-mail:sh@blackcow.cn;zqb@blackcow.cn
Address:9A5A6 Jinyuan Industrial City,Chaoshan Road,SHANTOU GNG 515064
IPO Subscription Date:
2010-03-31
Listing Date:
2010-04-13
IPO Issued Capital:
33500000
IPO Price:
27 CNY
IPO fees:
49614000 CNY
Money Raised by IPO:
904500000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
854886000 CNY
Open(Listing day):
60.00 CNY
Close(Listing day):
57.94 CNY
Diluted P/E ratio after IPO:
55.2100
Turnover rate(listing day):
82.60%

Financials for Blackcow Food Co.,Ltd.

UPDATE:2012-10-28 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)
55.3275
102.8227
81.0075
67.2589
Net Profit Growth(%)
-22.29
26.92
20.44
19.39
Return On Equity(ROE)(%)
4.07
7.82
6.61
23.88
Debt ratio(%)
9.51
8.91
9.64
50.09
Net Operating Cash Flow/Net Profit(%)
-138.21
50.64
32.06
216.45

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)
0.1800
0.4300
0.3700
0.6700
Diluted Earnings Per Share
0.0000
0.4100
0.3400
0.6500
Net Asset Value Per Share (NAVPS)
4.3300
5.4700
9.1800
2.8200
Additional Paid-In Capital Per Share
2.2348
3.1759
6.5165
0.3995
Retained Earnings Per Share
1.0512
1.2466
1.5980
1.3476
Net Cash Flow From Operatings Activities Per Share
-0.2400
0.2200
0.1900
1.4600
Net Cash Flow Per Share
-0.6594
-1.0977
4.9768
0.9270

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)
1504.0489
1444.3525
1356.9917
564.2929
Total Liabilities(Million)
143.1766
128.7657
130.8775
282.6973
Current Liabilities(Million)
134.1961
118.5562
119.2422
196.2352
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
401.4714
608.9151
872.6905
208.287
Accounts Receivables(Million)
55.1324
3.9861
5.9669
4.6779
Deposit Received(Million)
6.9642
55.948
77.1867
96.8382
Other Receivables(Million)
3.0138
1.955
0.2251
2.5088
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1360.8724
1315.5868
1226.1142
281.5955
Debt ratio(%)
9.51
8.91
9.64
50.09
Equity Ratio(%)
90.4800
91.0800
90.3500
49.9000
Current Ratio
5.7374
7.1266
8.5673
1.4605
Quick Ratio
4.3640
6.0151
7.9119
1.2085

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)
570.6184
953.1728
720.2182
717.0623
Net Cash Flow From Operatings Activities(Million)
-76.4658
52.0673
25.9696
145.5809
Net Cash Flow From Operatings Activities Change(%)
66.69
100.49
-82.16
45.21
Net Cash Flow(Million)
-207.4436
-263.7754
664.4035
92.7007
Cash From Selling Commodities/Prime Revenue(%)
97.01
111.20
112.61
122.32
Net Cash Flow/Net Profit(%)
-374.94
-256.53
820.18
137.83
Cash Flow From Investing Activities(Million)
-180.0653
-302.4927
-99.9014
-34.9122
Cash Flow From Financing Activities(Million)
49.0874
-13.35
738.3354
-17.968

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)
588.2106
857.2049
639.5485
586.2148
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
100.7975
135.8009
77.8546
73.6122
Administrative Costs(Million)
34.6208
40.0554
36.9132
21.1487
Financing Costs(Million)
-7.4768
-13.9955
-6.4209
7.0935
Above Three Costs Change(%)
15.70
49.39
6.37
14.29
Operating Profit(Million)
69.6693
129.8549
99.2778
83.9674
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.2257
7.0525
7.5106
3.8663
Total Profit(Million)
72.895
136.9074
106.7885
87.8337
Corporate Income Tax(Million)
17.5675
34.0848
25.781
20.5748
Net Profit(Million)
55.3275
102.8227
81.0075
67.2589
Gross Profit Ratio(%)
34.64
34.68
33.09
32.42
Operating Margin(%)
11.84
15.14
15.52
14.32
Return On Equity(ROE)(%)
4.07
7.82
6.61
23.88

Announcements for Blackcow Food Co.,Ltd.

Date: 2012-09-18
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2012 at 15:00 on 21 September 2012.

Meeting agenda:
1. Plan for the shareholders' return from 2012 to 2014
2. Amendments to the Company's articles of association
3. Resignation of Wu Huadong as director
4. Nomination of director candidates
5. Public issue of corporate bonds
5.1. Issuing volume
5.2. Bond duration
5.3. Interest rate and methods for determination of interest rate
5.4. Issuance method
5.5. Issuance targets
5.6. Arrangement for placement to shareholders
5.7. Purpose of the raised funds
5.8. Exchange to be listed in
5.9. The valid period of the resolution on corporate bond issue
6. Mandate to the board to handle matters related to the corporate bond issue and listing


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 September 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 20 September 2012 to 20 September 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: 21 September 2012
Voting code:362387
Voting abbreviation:Blackcow Food 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 20 September 2012 to 21 September 2012.
Date: 2012-09-04
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 15:00 on 21 September 2012.

Meeting agenda:
1. Plan for the shareholders' return from 2012 to 2014
2. Amendments to the Company's articles of association
3. Resignation of Wu Huadong as director
4. Nomination of director candidates
5. Public issue of corporate bonds
5.1. Issuing volume
5.2. Bond duration
5.3. Interest rate and methods for determination of interest rate
5.4. Issuance method
5.5. Issuance targets
5.6. Arrangement for placement to shareholders
5.7. Purpose of the raised funds
5.8. Exchange to be listed in
5.9. The valid period of the resolution on corporate bond issue
6. Mandate to the board to handle matters related to the corporate bond issue and listing


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 September 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 20 September 2012 to 20 September 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: 21 September 2012
Voting code:362387
Voting abbreviation:Blackcow Food 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 20 September 2012 to 21 September 2012.
Date: 2012-05-23
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
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): 3.0000


Record date: 29 May 2012
Ex-date: 30 May 2012
Payment date: 30 May 2012
Listing date of the bonus issues: 30 May 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: 2012-05-22
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 21 May 2012, during which the following proposal(s) was/were approved:
1. 2011 annual report and its summary
2. 2011 financial resolution report
3. 2011 profit distribution plan
4. 2011 special report on the deposit and use of raised funds
5. 2011 work report of the board of directors
6. Reappointment of audit firm
7. 2011 internal control self-evaluation report
8. 2011 work report of the supervisory committee
9.
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): 3.00.
Date: 2012-05-17
Title: AGM REMINDER
The Company will hold the 2011 Annual General Meeting at 09:30 on 21 May 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 financial resolution report
3. 2011 profit distribution plan
4. 2011 special report on the deposit and use of raised funds
5. 2011 work report of the board of directors
6. Reappointment of audit firm
7. 2011 internal control self-evaluation report
8. 2011 work report of the supervisory committee
9.
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): 3.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 18 May 2012.
Date: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 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):3.0000.
Date: 2012-04-25
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 21 May 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 financial resolution report
3. 2011 profit distribution plan
4. 2011 special report on the deposit and use of raised funds
5. 2011 work report of the board of directors
6. Reappointment of audit firm
7. 2011 internal control self-evaluation report
8. 2011 work report of the supervisory committee
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): 3.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 18 May 2012
Date: 2012-02-27
Title: LISTING OF SHARES UNDER INCENTIVE PLAN
Among 1.6876 million A-shares granted under the Company's incentive plan, 1.6876 million shares of them will be listed on the Shenzhen Stock Exchange on 01 March 2012.
Date: 2011-12-29
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2011 on 28 December 2011, during which the following proposal(s) was/were approved:
1. Revision of the Company's restricted stock incentive plan(draft) and its abstract
2. Implementation and appraisal measures on the stock option incentive plan(revision)
3. Authorization to the board to handle matters in relation to the restricted stock incentive plan
4. Update of the manufacturing license and relevant amendments to the business scope and articles of association.
Date: 2011-12-23
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2011 at 14:30 on 28 December 2011.

Meeting agenda:
1. Revision of the Company's restricted stock incentive plan(draft) and its abstract
2. Implementation and appraisal measures on the stock option incentive plan(revision)
3. Authorization to the board to handle matters in relation to the restricted stock incentive plan
4. Update of the manufacturing license and relevant amendments to the business scope and articles of association

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 21 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: 26 December 2011

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: 28 December 2011
Voting code:362387
Voting abbreviation:Blackcow Food 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 27 December 2011 to 28 December 2011.