Hangzhou Hangyang Co., Ltd.



Quote for Hangzhou Hangyang Co., Ltd.

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Symbol/Code:
002430
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002430 quote

Summary for Hangzhou Hangyang Co., Ltd.

HANGZHOU HANGYANG CO., LTD. is principally engaged in the manufacture and distribution of air separation equipment, industrial gas and petrochemical devices. The Company provides air separation equipment, including large- and medium-sized air separation sets and small-sized air separation devices; industrial gas products, including oxygen, nitrogen and argon, among others, as well as petrochemical devices, including ethylene cold boxes, liquid nitrogen washing cold boxes, natural gas liquefaction and separation devices, liquid petroleum gas storage and distribution equipment, among others. Through its subsidiary, the Company also involves in the material processing business. The Company distributes its products in domestic and overseas markets.

Profile for Hangzhou Hangyang Co., Ltd.

Full Name:Hangzhou Hangyang Co., Ltd.
Full Name in Chinese:杭州杭氧股份有限公司 Short Name in Chinese:杭氧股份
Symbol/Stock Code:
002430
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Jiang Ming
Secretary of the Board:
Wang Jialin
Phone:
+86-571-85869078
Fax:
+86-571-85869076
Official Website:www.hangyang.com
E-mail:investor@hangyang.com
Address:388 Dongxin Road,388 Dongxin Road, Xiacheng Distr,HANGZHOU ZHJ 310004
IPO Subscription Date:
2010-05-31
Listing Date:
2010-06-10
IPO Issued Capital:
71000000
IPO Price:
18 CNY
IPO fees:
40660000 CNY
Money Raised by IPO:
1278000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1237340000 CNY
Open(Listing day):
24.65 CNY
Close(Listing day):
24.26 CNY
Diluted P/E ratio after IPO:
31.0300
Turnover rate(listing day):
83.40%

Financials for Hangzhou Hangyang 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)
330.0237
497.353
354.7642
250.7762
Net Profit Growth(%)
-4.37
40.19
41.46
16.94
Return On Equity(ROE)(%)
10.94
17.73
14.81
25.69
Debt ratio(%)
57.89
51.31
53.81
65.60
Net Operating Cash Flow/Net Profit(%)
51.89
-65.13
104.29
86.54

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)
0.4100
0.8300
0.6500
0.7600
Diluted Earnings Per Share
0.0000
0.7800
0.5900
0.7000
Net Asset Value Per Share (NAVPS)
3.7100
4.6600
5.9800
2.9600
Additional Paid-In Capital Per Share
0.9247
1.5984
2.9061
0.1148
Retained Earnings Per Share
1.5508
1.7449
1.6615
1.4361
Net Cash Flow From Operatings Activities Per Share
0.2100
-0.5400
0.9200
0.6600
Net Cash Flow Per Share
-0.5425
-1.1080
3.2824
0.2057

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)
7959.8627
6269.8864
5608.7435
3439.8611
Total Liabilities(Million)
4608.5369
3217.6315
3018.3045
2256.5889
Current Liabilities(Million)
3618.8858
2506.5804
2497.681
1768.8668
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
895.4217
1335.939
1974.2334
699.4112
Accounts Receivables(Million)
1562.0421
1112.082
836.3615
653.4421
Deposit Received(Million)
1710.2916
1304.7949
1289.0585
1014.3969
Other Receivables(Million)
20.0157
14.8646
11.3077
26.6502
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
3015.6566
2805.9161
2396.0985
976.1669
Debt ratio(%)
57.89
51.31
53.81
65.60
Equity Ratio(%)
37.8800
44.7500
42.7200
28.3700
Current Ratio
1.3775
1.6787
1.6353
1.2507
Quick Ratio
1.0670
1.3505
1.3847
1.0542

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)
1902.4642
2152.5491
1956.2048
1885.9289
Net Cash Flow From Operatings Activities(Million)
171.2571
-323.9184
369.9903
217.0126
Net Cash Flow From Operatings Activities Change(%)
-264.76
-187.55
70.49
-20.20
Net Cash Flow(Million)
-440.5173
-666.4469
1316.2517
67.8974
Cash From Selling Commodities/Prime Revenue(%)
51.70
50.86
64.70
70.20
Net Cash Flow/Net Profit(%)
-133.48
-134.00
371.02
27.07
Cash Flow From Investing Activities(Million)
-1073.9355
-283.2397
-351.5861
-137.3606
Cash Flow From Financing Activities(Million)
461.6362
-59.5765
1295.1489
-16.9285

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)
3679.4703
4232.5347
3023.3897
2686.414
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
67.6663
68.0983
82.6429
70.1502
Administrative Costs(Million)
371.0751
400.6913
338.8299
239.9852
Financing Costs(Million)
13.7014
9.4294
19.407
-9.4598
Above Three Costs Change(%)
40.30
8.47
46.63
41.62
Operating Profit(Million)
399.7539
593.3125
436.2675
309.7861
Income From Investment(Million)
9.5259
13.5621
20.7048
1.9079
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
45.9902
27.7284
38.4689
24.467
Total Profit(Million)
445.7441
621.0409
474.7365
334.2531
Corporate Income Tax(Million)
86.9959
98.6162
73.9876
56.6214
Net Profit(Million)
330.0237
497.353
354.7642
250.7762
Gross Profit Ratio(%)
23.73
25.93
29.62
24.54
Operating Margin(%)
10.86
14.01
14.42
11.53
Return On Equity(ROE)(%)
10.94
17.73
14.81
25.69

Announcements for Hangzhou Hangyang Co., Ltd.

Date: 2012-10-26
Title: EGM RESOLUTION
The Company held its 5th Extraordinary General Meeting of 2012 on 25 October 2012, during which the following proposal(s) was/were approved:
1. Bnak loan guarantee for a company
2. Issue of short-term financial bills
Date: 2012-10-08
Title: EGM-SPOT
The Company will hold the 5th Extraordinary General Meeting of 2012 at 09:00 on 25 October 2012.

Meeting agenda:
1. Bnak loan guarantee for a company
2. Issue of short-term financial bills


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 19 October 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 23 October 2012 to 24 October 2012
Date: 2012-08-10
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 09 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Change of project invested with raised funds
Date: 2012-06-20
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 19 June 2012, during which the following proposal(s) was/were approved:
1. Investment in setup of a company to implement a project
2. Loan guarantee for a company
3. Loan guarantee for another company
4. Loan guarantee for a third company
5. Loan guarantee for a fourth company
6. Adjustment to allowance for independent directors.
Date: 2012-05-31
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 19 June 2012.

Meeting agenda:
1. Investment in setup of a company to implement a project
2. Loan guarantee for a company
3. Loan guarantee for another company
4. Loan guarantee for a third company
5. Loan guarantee for a fourth company
6. Adjustment to allowance for independent directors

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 16 June 2012
Date: 2012-05-17
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 16 May 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association.
Date: 2012-04-27
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 3.5000


Record date: 04 May 2012
Ex-date: 07 May 2012
Payment date: 07 May 2012
Listing date of the bonus issues: 07 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-04-11
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 10 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 annual report and its summary
6. 2011 internal control self-evaluation report
7. 2011 special report on the deposit and use of raised funds
8. 2012 continuing connected transactions estimate
9. 2011 remuneration distribution scheme for directors and supervisors
10. Appointment of audit firm
11. Application for comprehensive credit line
12. Relocation and reconstruction project of a company
13. Loan guarantee for the above company
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.50.
Date: 2012-03-20
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 20 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):3.5000.
Date: 2012-03-20
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 10 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 annual report and its summary
6. 2011 internal control self-evaluation report
7. 2011 special report on the deposit and use of raised funds
8. 2012 continuing connected transactions estimate
9. 2011 remuneration distribution scheme for directors and supervisors
10. Appointment of audit firm
11. Application for comprehensive credit line
12. Relocation and reconstruction project of a company
13. Loan guarantee for the above company
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.5000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 05 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: 07 April 2012