C&S Paper Co.,Ltd.



Quote for C&S Paper Co.,Ltd.

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Symbol/Code:
002511
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002511 quote

Summary for C&S Paper Co.,Ltd.

C&S Paper Co., Ltd. is principally engaged in the production and distribution of household paper products. The Company primarily provides roll tissue paper, handkerchief paper, pumping tissue paper, box tissue paper and kitchen paper, among others. The Company distributes its household paper products under the brand names of CNSN and SUN. The Company distributes its products in domestic market and to overseas markets.

Profile for C&S Paper Co.,Ltd.

Full Name:C&S Paper Co.,Ltd.
Full Name in Chinese:中顺洁柔纸业股份有限公司 Short Name in Chinese:中顺洁柔
Symbol/Stock Code:
002511
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Deng Yingzhong
Secretary of the Board:
Zhang Haijun
Phone:
+86-760-87885678
Fax:
+86-760-87885677
Official Website:www.zhongshungroup.com
E-mail:dsh@zhongshungroup.com
Address:No. 136, Rainbow Avenue,West District,ZHONGSHAN GNG
IPO Subscription Date:
2010-11-15
Listing Date:
2010-11-25
IPO Issued Capital:
40000000
IPO Price:
38 CNY
IPO fees:
68280000 CNY
Money Raised by IPO:
1520000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1451720000 CNY
Open(Listing day):
52.00 CNY
Close(Listing day):
49.48 CNY
Diluted P/E ratio after IPO:
56.5500
Turnover rate(listing day):
74.68%

Financials for C&S Paper Co.,Ltd.

UPDATE:2012-10-26 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)
107.0257
80.5381
108.8794
110.4414
Net Profit Growth(%)
68.35
-26.03
-1.41
117.24
Return On Equity(ROE)(%)
4.98
3.88
5.46
25.51
Debt ratio(%)
28.41
26.35
38.38
64.51
Net Operating Cash Flow/Net Profit(%)
237.24
-45.90
80.00
199.19

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)
0.5100
0.5000
0.8800
0.9200
Diluted Earnings Per Share
0.0000
0.4100
0.8600
0.9000
Net Asset Value Per Share (NAVPS)
10.3300
12.9600
12.4600
3.6100
Additional Paid-In Capital Per Share
7.4833
10.0283
10.0283
1.6067
Retained Earnings Per Share
1.7754
1.8391
1.3413
0.9339
Net Cash Flow From Operatings Activities Per Share
1.2200
-0.2300
0.5400
1.8300
Net Cash Flow Per Share
-0.5015
-5.0059
8.1730
0.8883

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)
3006.7475
2820.9861
3240.6681
1479.4048
Total Liabilities(Million)
854.3041
743.4689
1243.8466
954.4284
Current Liabilities(Million)
841.3297
730.4034
1205.445
892.3238
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
809.5361
953.2516
1715.2614
247.8432
Accounts Receivables(Million)
225.8214
203.4347
235.5061
221.243
Deposit Received(Million)
21.2693
26.6665
24.7237
60.9429
Other Receivables(Million)
25.5405
6.5053
18.239
8.9652
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2149.1504
2074.1247
1993.5867
432.9873
Debt ratio(%)
28.41
26.35
38.38
64.51
Equity Ratio(%)
71.4700
73.5200
61.5100
29.2600
Current Ratio
2.1161
2.5010
2.0134
0.8545
Quick Ratio
1.5814
1.8039
1.6717
0.5556

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)
1823.4921
1970.2091
1908.9112
1932.77
Net Cash Flow From Operatings Activities(Million)
253.9064
-36.9679
87.1067
219.993
Net Cash Flow From Operatings Activities Change(%)
-549.15
-142.44
-60.40
74.27
Net Cash Flow(Million)
-104.3161
-800.9424
1307.674
106.5956
Cash From Selling Commodities/Prime Revenue(%)
108.72
106.14
107.31
119.40
Net Cash Flow/Net Profit(%)
-97.47
-994.49
1201.03
96.52
Cash Flow From Investing Activities(Million)
-397.21
-305.6497
-286.1647
-84.261
Cash Flow From Financing Activities(Million)
39.5881
-457.3602
1506.8777
-28.9455

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)
1677.2428
1856.2582
1778.866
1618.6933
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
252.5773
272.0036
261.4441
295.4761
Administrative Costs(Million)
92.281
103.3428
89.3964
82.1781
Financing Costs(Million)
17.9727
5.3797
29.6462
32.3097
Above Three Costs Change(%)
31.68
0.06
-7.19
44.94
Operating Profit(Million)
144.7348
97.9581
140.5749
149.172
Income From Investment(Million)
0.0005
-
-
0.0016
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.108
13.1878
3.2827
4.9736
Total Profit(Million)
147.8428
111.1459
143.8575
154.1456
Corporate Income Tax(Million)
40.9165
30.4501
24.1107
25.6933
Net Profit(Million)
107.0257
80.5381
108.8794
110.4414
Gross Profit Ratio(%)
30.66
25.82
30.06
35.05
Operating Margin(%)
8.62
5.27
7.90
9.21
Return On Equity(ROE)(%)
4.98
3.88
5.46
25.51

Announcements for C&S Paper Co.,Ltd.

Date: 2012-10-26
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 10:00 on 12 November 2012.

Meeting agenda:
1. 2012 additional guarantee for the subsidiaries


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 08 November 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 09 November 2012 to 09 November 2012
Date: 2012-08-17
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 16 August 2012, during which the following proposal(s) was/were approved:
1. Project expansion
2. Investment in setup of a wholly-owned subsidiary and implementation of construction of a project
3. Setup of wholly-owned subsidiary
Date: 2012-08-08
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 07 August 2012, during which the following proposal(s) was/were approved:
1. The Company's eligibility for corporate bonds issuance
2. Scheme on issuance of corporate bonds
3. Mandate to the board to handle matters in relation to the issuance of corporate bonds within prescribed scope of relevant laws and regulations
4. Authorization to the board to take appropriate measures in case the Company fails to pay principal and interest on schedule or on maturity
5. Amendments to the Company's articles of association
6. Formulation of dividend management system
7. Formulation of plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-08-01
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 10:00 on 16 August 2012.

Meeting agenda:
1. Project expansion
2. Investment in setup of a wholly-owned subsidiary and implementation of construction of a project
3. Setup of wholly-owned subsidiary


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 14 August 2012
Date: 2012-06-13
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 3.0000


Record date: 18 June 2012
Ex-date: 19 June 2012
Payment date: 19 June 2012
Listing date of the bonus issues: 19 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-05-23
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 22 May 2012, during which the following proposal(s) was/were approved:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Re-appointment of 2012 audit firm
8. The overseas Reminbi-denominated financing
9. 2011 remuneration for directors and supervisors
10. Amendments to the Company's articles of association
11. Change in the business scope
12. 2012 application for comprehensive credit line to banks
13. 2012 guarantee for subsidiary(sub-subsidiary) companies
14. Adjustment to the remuneration payment method for independent directors
15. Amendments to remuneration management system for directors, supervisors and senior management
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.00.
Date: 2012-04-16
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 16 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):3.0000.
Date: 2012-04-16
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 22 May 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Re-appointment of 2012 audit firm
8. The overseas Reminbi-denominated financing
9. 2011 remuneration for directors and supervisors
10. Amendments to the Company's articles of association
11. Change in the business scope
12. 2012 application for comprehensive credit line to banks
13. 2012 guarantee for subsidiary(sub-subsidiary) companies
14. Adjustment to the remuneration payment method for independent directors
15. Amendments to remuneration management system for directors, supervisors and senior management
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
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 18 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: 21 May 2012
Date: 2011-12-29
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 13 January 2012.

Meeting agenda:
1. Management system for remuneration for directors and supervisors and senior management
2. 2012 connected transactions between a wholly-owned subsidiary and a company
3. Application for comprehensive credit line to banks in 2012
4. Guarantee for subsidiaries in 2012

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 January 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: 12 January 2012
Date: 2011-12-13
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2011 on 12 December 2011, during which the following proposal(s) was/were approved:
1. Re-election of directors and nomination of director candidates including Deng Yingzhong, Deng Guanjie, Deng Guanbiao, Liu Yuwu, Dong Ye, Yue Yong, Cai Yunye, Yao Bentang, Chen Jingyun, Wang Zongjun, Ruan Yongping
2. Re-election of supervisors and nomination of candidates for shareholder representative supervisors including Li Hong, Liang Yongliang
3. The allowances for independent directors
4. Amendments to the Company's articles of association
5. 2011 guarantee for a subsidiary.