Changzhou Qianhong Biopharma Co.,Ltd.



Quote for Changzhou Qianhong Biopharma Co.,Ltd.

Last Trade:
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Symbol/Code:
002550
Status:
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Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002550 quote

Summary for Changzhou Qianhong Biopharma Co.,Ltd.

Changzhou Qianhong Biopharma Co.,Ltd is principally engaged in the research, development, production and sale of freeze-drying powder. freeze-drying powder injections, small volume injections, tablets, hard capsules, granules and bulk drugs, among others. The Company mainly provides liquaemin sodium raw materials and preparations, used to prevent and treat thromboembolism desease; kallidinogen preparations, used in the treatment of micro-circulation disorder desease, as well as L-asparaginasum raw materials and preparations, applied in the treatment of acute lymphoblastic leukemia. The Company distributes its products in domestic markets, and to overseas markets.

Profile for Changzhou Qianhong Biopharma Co.,Ltd.

Full Name:Changzhou Qianhong Biopharma Co.,Ltd.
Full Name in Chinese:常州千红生化制药股份有限公司 Short Name in Chinese:千红制药
Symbol/Stock Code:
002550
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wang Yaofang
Secretary of the Board:
Jiang Wenqun
Phone:
+86-519-88898908
Fax:
+86-519-88898908
Official Website:www.qhsh.com.cn
E-mail:qhsh@qhsh.com.cn
Address:No. 90 Changjiang Middle Road,Xinbei District,Changzhou JNG 213022
IPO Subscription Date:
2011-02-09
Listing Date:
2011-02-18
IPO Issued Capital:
40000000
IPO Price:
32 CNY
IPO fees:
65045000 CNY
Money Raised by IPO:
1280000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1214955000 CNY
Open(Listing day):
37.90 CNY
Close(Listing day):
39.22 CNY
Diluted P/E ratio after IPO:
40.5100
Turnover rate(listing day):
80.49%

Financials for Changzhou Qianhong Biopharma 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)
113.5942
152.2481
150.5277
125.6935
Net Profit Growth(%)
1.61
1.14
19.75
38.98
Return On Equity(ROE)(%)
6.39
8.85
38.19
51.59
Debt ratio(%)
4.99
4.69
24.56
54.35
Net Operating Cash Flow/Net Profit(%)
117.75
96.44
113.94
6.64

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)
0.7100
0.9900
1.2500
1.0500
Diluted Earnings Per Share
0.0000
0.9300
1.1900
1.0500
Net Asset Value Per Share (NAVPS)
11.1200
10.7600
3.2800
2.0300
Additional Paid-In Capital Per Share
7.3916
7.3916
0.0653
0.0655
Retained Earnings Per Share
2.4014
2.0415
1.9139
0.7849
Net Cash Flow From Operatings Activities Per Share
0.8400
0.9200
1.4300
0.0700
Net Cash Flow Per Share
-0.7115
7.7545
0.1949
-0.1308

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)
1917.1677
1853.1792
548.5266
533.8676
Total Liabilities(Million)
95.8462
87.0709
134.7511
290.1862
Current Liabilities(Million)
85.366
57.6728
99.2713
275.6348
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1250.1794
1364.0225
123.3092
99.9179
Accounts Receivables(Million)
85.6522
92.5235
86.1208
103.9383
Deposit Received(Million)
0.8913
0.5456
0.1114
5.2707
Other Receivables(Million)
8.1185
2.3931
2.4588
3.3393
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1778.8064
1721.2121
394.145
243.6474
Debt ratio(%)
4.99
4.69
24.56
54.35
Equity Ratio(%)
92.7800
92.8700
71.8500
45.6300
Current Ratio
18.5160
29.7632
4.5961
1.5812
Quick Ratio
16.3858
26.2415
2.3858
0.8457

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)
557.2994
772.2343
1232.6084
762.569
Net Cash Flow From Operatings Activities(Million)
133.7548
146.8205
171.5149
8.3504
Net Cash Flow From Operatings Activities Change(%)
89.77
-14.40
1953.97
-84.64
Net Cash Flow(Million)
-113.8431
1240.7133
23.3913
-15.6975
Cash From Selling Commodities/Prime Revenue(%)
115.38
104.69
107.67
102.52
Net Cash Flow/Net Profit(%)
-100.22
814.93
15.54
-12.49
Cash Flow From Investing Activities(Million)
-206.6647
-22.162
-10.6451
-13.2882
Cash Flow From Financing Activities(Million)
-41.2377
1118.9113
-135.8997
-10.3901

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)
483.0217
737.6528
1144.7672
743.7968
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
69.7184
81.7916
48.0953
41.1887
Administrative Costs(Million)
49.0043
64.7936
76.6053
58.5239
Financing Costs(Million)
-28.8602
-22.1035
12.8465
6.6982
Above Three Costs Change(%)
-11.04
-9.50
29.26
38.13
Operating Profit(Million)
127.2544
167.0406
165.4272
150.8866
Income From Investment(Million)
4.9846
0.0234
0.0202
0.0351
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.5239
11.5666
8.9427
-0.1114
Total Profit(Million)
130.7783
178.6071
174.3699
150.7752
Corporate Income Tax(Million)
19.565
26.7636
23.8458
25.0819
Net Profit(Million)
113.5942
152.2481
150.5277
125.6935
Gross Profit Ratio(%)
45.39
40.35
26.92
35.07
Operating Margin(%)
26.34
22.64
14.45
20.28
Return On Equity(ROE)(%)
6.39
8.85
38.19
51.59

Announcements for Changzhou Qianhong Biopharma Co.,Ltd.

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 27 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Amendments to the Company's rules of procedures governing the general meeting of shareholders
3. Amendments to the Company's rules of procedures governing the board meeting
4. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
5. The Company's profit distribution policy and shareholder return plan for the next three years from 2012 to 2014
Date: 2012-08-10
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 27 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Amendments to the Company's rules of procedures governing the general meeting of shareholders
3. Amendments to the Company's rules of procedures governing the board meeting
4. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
5. The Company's profit distribution policy and shareholder return plan for the next three years from 2012 to 2014


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 17 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 21 August 2012 to 21 August 2012
Date: 2012-05-24
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.50000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 29 May 2012
Ex-date: 30 May 2012
Payment date: 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: CNY0.35000000(10 percent x CNY3.50000000)
Net cash dividend/10 shares after tax: CNY3.15000000(CNY3.50000000- CNY0.35000000)
Date: 2012-05-15
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 14 May 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Purchase of medium and short term low-risk trust financial products with idle proprietary funds at the proper time
7. Reappointment of audit firm
8. 2011 income distribution for directors, supervisors and senior management
9. Amendments to the Company's articles of association
10. Amendments to work system for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-24
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 24 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY3.50000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-24
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 14 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Purchase of medium and short term low-risk trust financial products with idle proprietary funds at the proper time
7. Reappointment of audit firm
8. 2011 income distribution for directors, supervisors and senior management
9. Amendments to the Company's articles of association
10. Amendments to work system for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.50000000
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 04 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: 10 May 2012
Date: 2012-02-16
Title: RESTRICTED SHARE LISTING
Among the Company's 51436157 restricted shares to be unlocked on 20 February 2012, 51436157 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2011-07-26
Title: EGM REMINDER
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:00 ON 29JUL11.

MEETING AGENDA:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
2. THE ENFORCEMENT RULES OVER ACCUMULATIVE VOTING SYSTEM
3. THE MANAGEMENT SYSTEM FOR APPOINTMENT OF AUDIT FIRM
4. ELECTION OF BOARD DIRECTORS, INCLUDING WANG YAOFANG, ZHAO GANG, JIANG JIANPING, LIU JUN, JIANG WENQUN, CAI GUIRU, WANG YI, DU SHOUYING AND LI DAKUI
5. ELECTION OF SUPERVISORS, INCLUDING ZHOU GUANXIN AND JIN XIAODONG
6. REMUNERATION AND PERFORMANCE EVALUATION SYSTEM FOR DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT
7. REMUNERATION FOR INDEPENDENT DIRECTORS
MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 21JUL11 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 DATE: 25JUL11
Date: 2011-07-14
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:00 ON 29JUL11.

MEETING AGENDA:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
2. THE ENFORCEMENT RULES OVER ACCUMULATIVE VOTING SYSTEM
3. THE MANAGEMENT SYSTEM FOR APPOINTMENT OF AUDIT FIRM
4. ELECTION OF BOARD DIRECTORS, INCLUDING WANG YAOFANG, ZHAO GANG, JIANG JIANPING, LIU JUN, JIANG WENQUN, CAI GUIRU, WANG YI, DU SHOUYING AND LI DAKUI
5. ELECTION OF SUPERVISORS, INCLUDING ZHOU GUANXIN AND JIN XIAODONG
6. REMUNERATION AND PERFORMANCE EVALUATION SYSTEM FOR DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT
7. REMUNERATION FOR INDEPENDENT DIRECTORS

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 21JUL11 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: 25JUL11
Date: 2011-05-18
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY2.500000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): NONE


RECORD DATE: 24MAY11
EX-DATE: 25MAY11
PAYMENT DATE: 25MAY11

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: CNY0.250000(10 PERCENT X CNY2.500000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY2.250000(CNY2.500000- CNY0.250000)