Fujian Star-Net Communication Co.,Ltd.



Quote for Fujian Star-Net Communication Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002396
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+8002396 quote

Summary for Fujian Star-Net Communication Co.,Ltd.

Fujian Star-net Communication Co., Ltd. is principally engaged in the research, development, production and sale of network communication system equipment and terminal equipment. The Company operates its businesses primarily through network business, which is applied in education, finance, international and commercial industries; communication business, which mainly provides household gateway products; terminal business, which offers thin-clients, as well as other business, which provides global positioning system (GPS) products, video monitoring equipment and others. The Company offers enterprise level network equipment, Internet access devices, network and communications equipment, mobile communication terminals and wireless communication terminals, among others. It distributes its products in domestic and overseas markets.

Profile for Fujian Star-Net Communication Co.,Ltd.

Full Name:Fujian Star-Net Communication Co.,Ltd.
Full Name in Chinese:福建星网锐捷通讯股份有限公司 Short Name in Chinese:星网锐捷
Symbol/Stock Code:
002396
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Huang Yihao
Secretary of the Board:
Liu Wanli
Phone:
+86-591-83057977
Fax:
+86-591-83057088
Official Website:www.star-net.cn
E-mail:zqsw@star-net.cn
Address:22#4F,618 Jinshan Road,FUZHOU FUJ 350002
IPO Subscription Date:
2010-06-07
Listing Date:
2010-06-23
IPO Issued Capital:
44000000
IPO Price:
23.2 CNY
IPO fees:
35670000 CNY
Money Raised by IPO:
1020800000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
985130000 CNY
Open(Listing day):
30.40 CNY
Close(Listing day):
31.03 CNY
Diluted P/E ratio after IPO:
40.3800
Turnover rate(listing day):
85.14%

Financials for Fujian Star-Net Communication Co.,Ltd.

UPDATE:2012-10-24 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)
151.9162
178.6695
138.5956
106.2575
Net Profit Growth(%)
46.82
28.91
30.43
53.62
Return On Equity(ROE)(%)
8.59
10.38
8.88
24.84
Debt ratio(%)
31.62
31.38
30.56
54.34
Net Operating Cash Flow/Net Profit(%)
-54.73
100.83
15.71
326.94

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)
0.4327
0.5089
0.4514
0.8079
Diluted Earnings Per Share
0.0000
0.4566
0.3742
0.7668
Net Asset Value Per Share (NAVPS)
5.0377
4.9049
8.8909
3.2527
Additional Paid-In Capital Per Share
2.2090
2.2090
5.4165
0.0042
Retained Earnings Per Share
1.7242
1.5915
2.3178
2.1314
Net Cash Flow From Operatings Activities Per Share
-0.2368
0.5132
0.1240
2.6412
Net Cash Flow Per Share
-0.8375
0.1315
5.1684
0.8692

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)
2877.9743
2806.4369
2466.353
1240.2082
Total Liabilities(Million)
910.0386
880.8324
753.9294
674.0275
Current Liabilities(Million)
872.7128
854.4335
738.7535
648.9061
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1010.3444
1299.9573
1250.7567
364.0352
Accounts Receivables(Million)
752.2969
568.2259
465.7125
359.9703
Deposit Received(Million)
46.9737
43.3267
26.155
22.644
Other Receivables(Million)
44.4212
27.2529
26.3973
18.7298
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1768.5286
1721.9223
1560.6133
427.8259
Debt ratio(%)
31.62
31.38
30.56
54.34
Equity Ratio(%)
61.4500
61.3500
63.2700
34.4900
Current Ratio
2.7814
2.9220
3.0133
1.6360
Quick Ratio
2.1410
2.3482
2.4098
1.2073

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)
1989.4051
2901.9076
2251.1021
2073.044
Net Cash Flow From Operatings Activities(Million)
-83.1436
180.1492
21.7732
347.4005
Net Cash Flow From Operatings Activities Change(%)
-62.66
727.39
-93.73
208.00
Net Cash Flow(Million)
-294.0093
46.1755
907.2109
114.3288
Cash From Selling Commodities/Prime Revenue(%)
107.78
109.74
112.71
120.20
Net Cash Flow/Net Profit(%)
-193.53
25.84
654.57
107.60
Cash Flow From Investing Activities(Million)
-140.8895
-59.9572
-85.4074
-44.1399
Cash Flow From Financing Activities(Million)
-70.208
-73.6216
971.0298
-188.8583

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)
1845.7182
2644.2707
1997.2118
1724.6722
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
334.6064
490.216
375.0068
326.8677
Administrative Costs(Million)
296.6153
402.3024
310.0297
239.8602
Financing Costs(Million)
-10.764
-13.6907
-2.3378
13.5003
Above Three Costs Change(%)
15.43
28.73
17.66
21.66
Operating Profit(Million)
164.1948
215.6075
140.1961
127.9139
Income From Investment(Million)
-0.0792
7.5966
-0.2959
2.3563
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
83.5684
81.438
88.9139
51.3226
Total Profit(Million)
247.7631
297.0455
229.11
179.2365
Corporate Income Tax(Million)
27.7088
29.687
34.65
16.2243
Net Profit(Million)
151.9162
178.6695
138.5956
106.2575
Gross Profit Ratio(%)
43.90
42.17
41.68
41.26
Operating Margin(%)
8.89
8.15
7.01
7.41
Return On Equity(ROE)(%)
8.59
10.38
8.88
24.84

Announcements for Fujian Star-Net Communication Co.,Ltd.

Date: 2012-06-14
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 29 June 2012.

Meeting agenda:
1. Financial aid to controlled subsidiaries
2. Formulation of the plan for the shareholders' profit return for the next three years
3. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 25 June 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: 29 June 2012
Date: 2012-06-07
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: 13 June 2012
Ex-date: 14 June 2012
Payment date: 14 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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-04-20
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 19 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 profit distribution plan
5. 2011 special report on the deposit and use of raised funds
6. 2011 annual report and its summary
7. Reappointment of audit firm
8. 2012 arrangement for the use of credit
9. Adjustment to the remuneration for independent directors
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: 2012-03-23
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 23 March 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: 2012-03-23
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 19 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 profit distribution plan
5. 2011 special report on the deposit and use of raised funds
6. 2011 annual report and its summary
7. Reappointment of audit firm
8. 2012 arrangement for the use of credit
9. Adjustment to the remuneration for independent directors
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 13 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: 18 April 2012
Date: 2011-12-30
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2011 on 29 December 2011, during which the following proposal(s) was/were approved:
1. Re-election of directors including Huang Yihao, Ruan Jiayong, Lin Bing, Zheng Weihong, Yang Jianping, Huang Xuhui, Lin Tengjiao, Lin Yihui, Huang Songen, Jiang Weiliang, He Yingqi, Chen Zhuang
2. Re-election of supervisors including Li Zhen, Chen Zhendong.
Date: 2011-12-14
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2011 at 09:00 on 29 December 2011.

Meeting agenda:
1. Re-election of directors including Huang Yihao, Ruan Jiayong, Lin Bing, Zheng Weihong, Yang Jianping, Huang Xuhui, Lin Tengjiao, Lin Yihui, Huang Songen, Jiang Weiliang, He Yingqi, Chen Zhuang
2. Re-election of supervisors including Li Zhen, Chen Zhendong

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 23 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: 28 December 2011
Date: 2011-06-21
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY1.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 10.00


RECORD DATE: 27JUN11
EX-DATE: 28JUN11
PAYMENT DATE: 28JUN11
LISTING DATE OF THE BONUS ISSUES: 28JUN11
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: CNY 0.100000(10 PERCENT X CNY 1.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 0.900000(CNY 1.000000- CNY0.100000)
Date: 2011-06-20
Title: RESTRICTED SHARE LISTING
THE CO'S 77602700 RESTRICTED A-SHARES WILL BE LISTED ON THE SHENZHEN STOCK EXCHANGE AS OF 23JUN11.
Date: 2011-05-24
Title: AGM RESOLUTION
THE CO HELD ITS 2010 AGM ON 23MAY11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. 2010 WORK REPORT OF THE BOARD OF DIRECTORS
2. 2010 WORK REPORT OF THE SUPERVISORY COMMITTEE
3. 2010 FINANCIAL RESOLUTION AND 2011 FINANCIAL BUDGET REPORT
4. 2010 PROFIT DISTRIBUTION PLAN
5. REPORT ON 2010 INTERNAL CONTROL SELF ASSESSMENT
6. SPECIAL REPORT ON THE DEPOSIT AND USE OF RAISED FUNDS IN 2010
7. 2010 ANNUAL REPORT AND ITS SUMMARY
8. 2011 CREDIT USE PLAN ARRANGEMENT
9. RE-APPOINTMENT OF AUDIT FIRM
10. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
11. BY-ELECTION OF MR JIANG WEILIANG AS INDEPENDENT DIRECTOR
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
1) CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY1.0000
2) BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3) BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 10.00