Der International Home Furnishing Co.,LTD.



Quote for Der International Home Furnishing Co.,LTD.

Last Trade:
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Symbol/Code:
002631
Status:
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Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002631 quote

Summary for Der International Home Furnishing Co.,LTD.

Der International Home Furnishing Co., LTD. is principally engaged in the research, development, production and distribution of wood floor products. The Company primarily provides consolidated composite floor products and solid wood composite floor products. The Company distributes its products under the brand name of DER. The Company's products include simple style series, American style series, Chinese style series, European style series and pastoralism style series, among others. Its wood floor products are mainly used in home furnishing, building floor and shop floor.

Profile for Der International Home Furnishing Co.,LTD.

Full Name:Der International Home Furnishing Co.,LTD.
Full Name in Chinese:德尔国际家居股份有限公司 Short Name in Chinese:德尔家居
Symbol/Stock Code:
002631
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Ru Jiyong
Secretary of the Board:
Yao Hongpeng
Phone:
+86-512-63537615
Fax:
+86-512-63537615
Official Website:www.der.com.cn
E-mail:der@der.com.cn
Address:Renmin East Road, Qidu Town,WUJIANG 215234
IPO Subscription Date:
2011-11-02
Listing Date:
2011-11-11
IPO Issued Capital:
40000000
IPO Price:
22 CNY
IPO fees:
45309700 CNY
Money Raised by IPO:
880000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
834690300 CNY
Open(Listing day):
23.50 CNY
Close(Listing day):
23.03 CNY
Diluted P/E ratio after IPO:
36.0700
Turnover rate(listing day):
77.55%

Financials for Der International Home Furnishing Co.,LTD.

UPDATE:2012-10-17 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)
68.7304
86.5282
97.7953
84.7932
Net Profit Growth(%)
-12.31
-11.52
15.33
78.79
Return On Equity(ROE)(%)
5.69
7.29
36.72
50.60
Debt ratio(%)
7.45
12.63
41.63
54.89
Net Operating Cash Flow/Net Profit(%)
62.01
125.30
144.92
170.10

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)
0.4300
0.7000
0.8100
0.7100
Diluted Earnings Per Share
0.0000
0.7100
0.9100
0.7000
Net Asset Value Per Share (NAVPS)
7.5500
7.4200
2.2200
1.4000
Additional Paid-In Capital Per Share
5.4454
5.4454
0.6382
0.0000
Retained Earnings Per Share
1.0057
0.8761
0.5232
0.3930
Net Cash Flow From Operatings Activities Per Share
0.2700
0.6800
1.1800
1.2000
Net Cash Flow Per Share
-0.7343
0.0000
1.2061
0.5061

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)
1305.586
1359.3758
456.3749
371.5383
Total Liabilities(Million)
97.2838
171.804
190.0215
203.9468
Current Liabilities(Million)
97.2838
171.804
190.0215
203.9468
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
809.2838
944.6021
262.078
194.5476
Accounts Receivables(Million)
3.9354
5.3534
2.7484
0.6228
Deposit Received(Million)
31.1546
49.9741
44.9037
25.2361
Other Receivables(Million)
4.2628
6.0122
3.3767
55.0328
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1208.3022
1187.5719
266.3534
167.5915
Debt ratio(%)
7.45
12.63
41.63
54.89
Equity Ratio(%)
92.5400
87.3600
58.3600
45.1000
Current Ratio
9.8521
6.3222
1.8711
1.4814
Quick Ratio
9.1987
6.0108
1.5145
1.2992

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)
280.895
507.6323
628.379
437.4559
Net Cash Flow From Operatings Activities(Million)
42.6206
108.4182
141.7218
144.2346
Net Cash Flow From Operatings Activities Change(%)
-36.43
-23.50
-1.74
551.19
Net Cash Flow(Million)
-117.4947
710.0941
144.7302
60.7281
Cash From Selling Commodities/Prime Revenue(%)
93.97
97.84
123.36
105.58
Net Cash Flow/Net Profit(%)
-170.95
820.65
147.99
71.62
Cash Flow From Investing Activities(Million)
-112.1153
-190.4831
-36.9268
-3.5065
Cash Flow From Financing Activities(Million)
-48
792.159
39.9351
-80

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)
298.9149
518.8353
509.3888
414.353
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
17.5799
35.3955
24.924
16.331
Administrative Costs(Million)
21.8779
25.7505
16.3955
6.7024
Financing Costs(Million)
-18.9229
-0.6703
-2.3015
-0.8272
Above Three Costs Change(%)
-35.37
54.99
75.71
-27.48
Operating Profit(Million)
75.8937
103.9341
127.4903
100.0316
Income From Investment(Million)
-
-
0.0757
0.8115
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.2201
-0.6737
-9.9912
-0.0154
Total Profit(Million)
81.1138
103.2604
117.499
100.0161
Corporate Income Tax(Million)
12.3834
16.7323
19.7038
15.2229
Net Profit(Million)
68.7304
86.5282
97.7953
84.7932
Gross Profit Ratio(%)
33.64
33.05
33.58
29.63
Operating Margin(%)
25.38
20.03
25.02
24.14
Return On Equity(ROE)(%)
5.69
7.29
36.72
50.60

Announcements for Der International Home Furnishing Co.,LTD.

Date: 2012-08-09
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 08 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-07-24
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 08 August 2012.

Meeting agenda:
1 Amendments to the Company's articles of association
2 Plan on the shareholders' return 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 06 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: 07 August 2012
Date: 2012-05-02
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 09 May 2012
Ex-date: 10 May 2012
Payment date: 10 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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-04-27
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 26 April 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. 2011 special report on the deposit and use of raised funds
7. 2011 remuneration or allowance for directors and supervisors
8. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-06
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 06 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-06
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 26 April 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. 2011 special report on the deposit and use of raised funds
7. 2011 remuneration or allowance for directors and supervisors
8. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
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 24 April 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: 25 April 2012
Date: 2012-02-08
Title: PLACING SHARE LISTING
The Company's 8 million A-shares placed to the institutional investors through offline placement will reach the 3-month lock-up period and be listed on the Shenzhen Stock Exchange as of 13 February 2012.
Date: 2011-11-10
Title: IPO SHARE LISTING
The Company issued a total of 40 million shares (code:002631) in its initial public offering. Of the shares,32 million shares will be listed on the Shenzhen Stock Exchange on 11 November 2011 while the remainder will become tradable three months later.
Date: 2011-11-01
Title: IPO-ONLINE SUBSCRIPTION
Der International Home Furnishing Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 40.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002631
3. Stock abbreviation: Der Home Furnishing
4. Issuing volume: 40.000000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 8.000000 million shares
9. Online offering volume: 32.000000 million shares
10. Price: CNY22.00 per share
11. Offline subscription period: 02 November 2011
12. Online subscription date: 02 November 2011.
Date: 2011-10-25
Title: IPO
Der International Home Furnishing Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 40.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 40.0000 million shares
3.Par value: CNY1.00 per share
4.Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
5.Targeted listing bourse: Shenzhen Stock Exchange
6.Offline placement volume: 8.0000 million shares
7.Online offering volume:32.0000 million shares
8.IPO price inquiry period: from 26 October 2011 to 28 October 2011
9.IPO price determined: 01 November 2011
10.Offline subscription date:02 November 2011
11.Online subscription date: 02 November 2011
12.Expected listing date:N/A.