Guangzhou Pearl River Piano Group Co.,Ltd



Quote for Guangzhou Pearl River Piano Group Co.,Ltd

Last Trade:
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Change:
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Symbol/Code:
002678
Status:
-
Stock Type:
A Share
Market Cap:
-
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Volume(*100):
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Update:-
Currency in CNY Time=UTC+8002678 quote

Summary for Guangzhou Pearl River Piano Group Co.,Ltd

Guang Zhou Pearl River Piano Group Co., Ltd is principally engaged in the research, development, production and distribution of pianos, as well as the provision of related services. The Company's piano products mainly include upright pianos, grand pianos and digital pianos, among others. The Company distributes its products in both domestic and overseas markets.

Profile for Guangzhou Pearl River Piano Group Co.,Ltd

Full Name:Guangzhou Pearl River Piano Group Co.,Ltd
Full Name in Chinese:广州珠江钢琴集团股份有限公司 Short Name in Chinese:珠江钢琴
Symbol/Stock Code:
002678
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wang Runpei
Secretary of the Board:
Yang Weihua
Phone:
+86-20-81514020
Fax:
+86-20-81503515
Official Website:www.pearlriverpiano.com/
E-mail:yang@pearlriverpiano.com
Address:No. 8,Nanyuwei West Road,Huadi Avenue,GUANGZHOU GNG 510388
IPO Subscription Date:
2012-05-21
Listing Date:
2012-05-30
IPO Issued Capital:
48000000
IPO Price:
13.5
IPO fees:
46113400 CNY
Money Raised by IPO:
648000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
601886600 CNY
Open(Listing day):
- CNY
Close(Listing day):
- CNY
Diluted P/E ratio after IPO:
44.6300
Turnover rate(listing day):
-%

Financials for Guangzhou Pearl River Piano Group 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)
144.9317
144.9966
118.1109
86.419
Net Profit Growth(%)
24.37
22.76
36.67
-
Return On Equity(ROE)(%)
8.97
15.71
14.35
10.99
Debt ratio(%)
20.16
32.37
34.78
36.90
Net Operating Cash Flow/Net Profit(%)
23.89
121.47
133.80
208.86

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)
0.3200
0.3400
0.2700
0.2200
Diluted Earnings Per Share
0.0000
0.3400
0.2800
0.2100
Net Asset Value Per Share (NAVPS)
3.3800
2.1500
1.9100
1.8300
Additional Paid-In Capital Per Share
1.6687
0.5671
0.5676
0.5708
Retained Earnings Per Share
0.6455
0.5055
0.3020
0.2334
Net Cash Flow From Operatings Activities Per Share
0.0700
0.4100
0.3700
0.4200
Net Cash Flow Per Share
0.6932
-0.1172
-0.0078
0.4676

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)
2033.1156
1375.0947
1273.8243
1257.056
Total Liabilities(Million)
409.8999
445.2541
443.1088
463.9354
Current Liabilities(Million)
321.059
353.5419
285.8634
451.8632
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
608.5488
277.2095
327.5901
330.9433
Accounts Receivables(Million)
237.2278
63.8591
77.7058
121.732
Deposit Received(Million)
12.8542
9.8033
14.4043
7.0667
Other Receivables(Million)
5.5191
5.8062
4.2039
6.3531
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1616.1404
923.07
823.1863
786.3225
Debt ratio(%)
20.16
32.37
34.78
36.90
Equity Ratio(%)
79.4900
67.1200
64.6200
62.5500
Current Ratio
4.7055
2.4286
3.0499
1.9601
Quick Ratio
2.9205
1.0386
1.5120
1.0494

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)
979.0275
1350.563
1174.8072
993.396
Net Cash Flow From Operatings Activities(Million)
34.6203
176.125
158.0291
180.4928
Net Cash Flow From Operatings Activities Change(%)
63.97
11.45
-12.45
-
Net Cash Flow(Million)
331.3393
-50.3806
-3.3531
201.0834
Cash From Selling Commodities/Prime Revenue(%)
97.35
115.16
119.62
117.42
Net Cash Flow/Net Profit(%)
228.62
-34.75
-2.84
232.68
Cash Flow From Investing Activities(Million)
-110.9253
-136.7079
-63.8945
-16.9803
Cash Flow From Financing Activities(Million)
405.5831
-89.5654
-94.0477
38.5864

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)
1005.6501
1172.7934
982.1564
846.0103
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
45.1442
68.0206
62.9141
44.0693
Administrative Costs(Million)
98.1799
120.7599
103.3837
98.2769
Financing Costs(Million)
-0.494
5.6195
2.2655
3.5192
Above Three Costs Change(%)
5.39
15.33
15.56
-
Operating Profit(Million)
166.7171
171.3262
138.3276
100.5746
Income From Investment(Million)
0.0839
0.05
0.3576
0.5373
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.1866
1.014
-0.7201
3.6249
Total Profit(Million)
171.9037
172.3403
137.6074
104.1995
Corporate Income Tax(Million)
26.6673
26.7523
18.7653
17.5141
Net Profit(Million)
144.9317
144.9966
118.1109
86.419
Gross Profit Ratio(%)
32.26
32.89
32.56
30.74
Operating Margin(%)
16.57
14.60
14.08
11.88
Return On Equity(ROE)(%)
8.97
15.71
14.35
10.99

Announcements for Guangzhou Pearl River Piano Group Co.,Ltd

Date: 2012-08-16
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 15 August 2012, during which the following proposal(s) was/were approved:
1. Repayment of bank loan with partial excessive raised funds
Date: 2012-07-31
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 10:30 on 15 August 2012.

Meeting agenda:
1. Repayment of bank loan with partial excessive raised funds


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 10 August 2012
Date: 2012-06-26
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 25 June 2012, during which the following proposal(s) was/were approved:
1. Election of Shi Shaobin as director.
Date: 2012-05-29
Title: IPO SHARE LISTING
The Company issued a total of 48 million shares (code:002678) in its initial public offering. Of the shares,48 million shares will be listed on the Shenzhen Stock Exchange on 30 May 2012 while the remainder will become tradable three months later.
Date: 2012-05-18
Title: IPO-ONLINE SUBSCRIPTION
Guangzhou Pearl River Piano Group Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 48.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002678
3. Stock abbreviation: Pearl River Piano
4. Issuing volume: 48.000000 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: 24.000000 million shares
9. Online offering volume: 24.000000 million shares
10. Price: CNY13.50 per share
11. Offline subscription period: 21 May 2012
12. Online subscription date: 21 May 2012.
Date: 2012-05-11
Title: IPO
Guangzhou Pearl River Piano Group Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 48.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 48.0000 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: 24.0000 million shares
7.Online offering volume:24.0000 million shares
8.IPO price inquiry period: from 14 May 2012 to 16 May 2012
9.IPO price determined: 18 May 2012
10.Offline subscription date:21 May 2012
11.Online subscription date: 21 May 2012
12.Expected listing date:N/A.