Dalian Yi Qiao Marine Seeds Co.,Ltd



Quote for Dalian Yi Qiao Marine Seeds Co.,Ltd

Last Trade:
-
Change:
--
Symbol/Code:
002447
Status:
-
Stock Type:
A 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 CNY Time=UTC+8002447 quote

Summary for Dalian Yi Qiao Marine Seeds Co.,Ltd

DALIAN YI QIAO MARINE SEEDS CO., LTD is principally engaged in the cultivation, refrigeration and distribution of marine products. The Company primarily provides Japanese scallop spats, bay scallop spats, sea cucumbers and cofferdam sea cucumbers, among others. The Company distributes its products mainly in Liaoning province, Shandong province and Hebei province, China. As of December 31, 2010, the Company had one affiliate, which involved in the provision of financial services.

Profile for Dalian Yi Qiao Marine Seeds Co.,Ltd

Full Name:Dalian Yi Qiao Marine Seeds Co.,Ltd
Full Name in Chinese:大连壹桥海洋苗业股份有限公司 Short Name in Chinese:壹桥苗业
Symbol/Stock Code:
002447
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Liu Dequn
Secretary of the Board:
Lin Chunlin
Phone:
+86-411-85269999
Fax:
+86-411-85269444
Official Website:www.dlyiqiao.com
E-mail:dlyiqiao@126.com
Address:Baoyudao Village,Paotai Town, Wafangdian City,DALIAN LIA 116308
IPO Subscription Date:
2010-06-30
Listing Date:
2010-07-13
IPO Issued Capital:
17000000
IPO Price:
28.98 CNY
IPO fees:
30853000 CNY
Money Raised by IPO:
492660000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
461807000 CNY
Open(Listing day):
38.01 CNY
Close(Listing day):
42.30 CNY
Diluted P/E ratio after IPO:
47.5100
Turnover rate(listing day):
87.03%

Financials for Dalian Yi Qiao Marine Seeds Co.,Ltd

UPDATE:2012-10-22 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)
96.1718
100.3153
61.3365
43.1325
Net Profit Growth(%)
42.39
63.54
42.20
11.11
Return On Equity(ROE)(%)
10.92
12.64
8.60
23.73
Debt ratio(%)
49.38
40.79
16.40
36.05
Net Operating Cash Flow/Net Profit(%)
-43.70
-106.46
160.28
148.68

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)
0.7200
0.7500
0.5400
0.8600
Diluted Earnings Per Share
0.0000
0.6100
0.3800
0.8200
Net Asset Value Per Share (NAVPS)
6.5700
5.9200
10.6500
3.6400
Additional Paid-In Capital Per Share
3.2434
3.2434
7.4868
0.9970
Retained Earnings Per Share
2.1433
1.4956
1.9436
1.4751
Net Cash Flow From Operatings Activities Per Share
-0.3100
-0.8000
1.4700
1.2800
Net Cash Flow Per Share
1.6363
-1.4257
2.6067
0.6572

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)
1739.2112
1340.2323
850.3626
284.2897
Total Liabilities(Million)
858.8978
546.7107
139.5994
102.4882
Current Liabilities(Million)
78.998
140.0313
75.9896
48.1013
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
241.0802
21.8114
212.8523
38.2008
Accounts Receivables(Million)
0.7782
2.8592
-
1.0863
Deposit Received(Million)
0.0082
0.0363
-
-
Other Receivables(Million)
0.3379
0.2338
4.8495
0.0002
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
880.3134
793.5215
713.3063
181.8015
Debt ratio(%)
49.38
40.79
16.40
36.05
Equity Ratio(%)
50.6100
59.2000
83.5900
63.9400
Current Ratio
9.2521
3.1074
4.2119
1.1966
Quick Ratio
3.1471
0.3099
3.1349
0.9573

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)
191.2092
206.353
196.7568
157.0632
Net Cash Flow From Operatings Activities(Million)
-42.0227
-106.7966
98.3073
64.131
Net Cash Flow From Operatings Activities Change(%)
109.80
-208.64
53.29
220.19
Net Cash Flow(Million)
219.2688
-191.0409
174.6516
32.8604
Cash From Selling Commodities/Prime Revenue(%)
102.32
99.04
100.58
102.53
Net Cash Flow/Net Profit(%)
228.00
-190.44
284.74
76.18
Cash Flow From Investing Activities(Million)
164.7025
-390.347
-343.6994
-75.6349
Cash Flow From Financing Activities(Million)
96.589
306.1026
420.0437
44.3643

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)
186.8823
208.3568
195.6133
153.195
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
1.2454
1.4442
1.3106
0.3748
Administrative Costs(Million)
27.5461
28.8614
39.2649
18.286
Financing Costs(Million)
6.1349
8.6251
2.67
2.988
Above Three Costs Change(%)
48.30
-9.98
99.76
41.55
Operating Profit(Million)
93.2682
94.7861
49.6886
46.918
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
14.3052
20.8409
20.5851
2.499
Total Profit(Million)
107.5734
115.627
70.2737
49.417
Corporate Income Tax(Million)
11.4016
15.3117
8.9373
6.2845
Net Profit(Million)
96.1718
100.3153
61.3365
43.1325
Gross Profit Ratio(%)
68.54
64.13
47.61
44.63
Operating Margin(%)
49.90
45.49
25.40
30.62
Return On Equity(ROE)(%)
10.92
12.64
8.60
23.73

Announcements for Dalian Yi Qiao Marine Seeds Co.,Ltd

Date: 2012-10-25
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2012 interim distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.20000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 01 November 2012
Ex-date: 02 November 2012
Payment date: 02 November 2012
Listing date of the bonus issues: 02 November 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: CNY0.02000000(10 percent x CNY0.20000000)
Net cash dividend/10 shares after tax: CNY0.18000000(CNY0.20000000- CNY0.02000000)
Date: 2012-09-11
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 10 September 2012, during which the following proposal(s) was/were approved:
1. Statement on the use of previously raised funds
2. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY0.2000 per 10 shares 2) Bonus shares from capital reserve: 10.00 shares per 10 shares
3. Mandate to the board to handle matters in relation to 2012 interim profit distribution plan and bonus issue from capital reserve
4. Eligibility for non-public share offering
5. Scheme for non-public share offering
5.1. Stock type and par value
5.2. Issuing volume
5.3. Method and date of issuance
5.4. Issuance targets and subscription method
5.5. Pricing base date, issuing price and pricing principle
5.6. Lock-up period
5.7. Amount and purpose of the raised funds
5.8. Exchange to be listed in
5.9. The valid period of the resolution on the non-public offering
6. Feasibility report on the use of funds to be raised from the non-public share offering
7. Preplan for non-public share offering (revised)
8. Distribution of accumulated retained profits before the non-public share offering
9. Mandate to the board to handle matters in relation to the non-public share offering
10. Management system for online voting system at shareholders' meeting
Date: 2012-08-21
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 19 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Formulation of profit distribution management system
3. Formulation of shareholders' return plan for the next three years from 2012 to 2014
Date: 2012-08-17
Title: ANNUAL/INTERIM REPORT CHANGE
The release of the Company's 2012 interim report will be changed to 25 August 2012.
Date: 2012-06-19
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.50000000
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: CNY0.05000000(10 percent x CNY0.50000000)
Net cash dividend/10 shares after tax: CNY0.45000000(CNY0.50000000- CNY0.05000000)
Date: 2012-05-17
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 16 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 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-26
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 26 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.50000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-26
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 16 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 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.50000000
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 11 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: 14 May 2012
Date: 2012-01-17
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 15 January 2012, during which the following proposal(s) was/were approved:
1. 2012 loan quota and authorization for loan handling
2. Change of 2011 audit firm.
Date: 2012-01-05
Title: EGM CHANGE
Further to our previous message on 31 December 2011 about the Company's 1st Extraordinary General Meeting of 2012, the Company announced on 05 January 2012 the following changes made with regard to the said meeting:

Additional items to be discussed:
1. Change of 2011 audit firm
Other information remains unchanged.