Hangzhou Robam Appliances Co., Ltd.



Quote for Hangzhou Robam Appliances Co., Ltd.

Last Trade:
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Symbol/Code:
002508
Status:
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Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002508 quote

Summary for Hangzhou Robam Appliances Co., Ltd.

Hangzhou Robam Appliances Co., Ltd. is principally engaged in the research, development, production and distribution of kitchen appliances. The Company mainly provides smoke exhausters, gas ovens, disinfection cabinets, electric pressure cookers, induction cookers, electric kettles and electric juicers, among others. The Company distributes its products under the brand name of Robam. The Company distributes its products within domestic markets and to overseas markets, including the rest of Asia.

Profile for Hangzhou Robam Appliances Co., Ltd.

Full Name:Hangzhou Robam Appliances Co., Ltd.
Full Name in Chinese:杭州老板电器股份有限公司 Short Name in Chinese:老板电器
Symbol/Stock Code:
002508
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Ren Jianhua
Secretary of the Board:
Wang Gang
Phone:
+86-571-86187810
Fax:
+86-571-86187769
Official Website:www.robam.com
E-mail:wg@robam.com
Address:No. 592,YUHANG DIST.,311100,HANGZHOU ZHJ 311100
IPO Subscription Date:
2010-11-10
Listing Date:
2010-11-23
IPO Issued Capital:
40000000
IPO Price:
24 CNY
IPO fees:
57330000 CNY
Money Raised by IPO:
960000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
902670000 CNY
Open(Listing day):
35.10 CNY
Close(Listing day):
39.16 CNY
Diluted P/E ratio after IPO:
47.0600
Turnover rate(listing day):
86.66%

Financials for Hangzhou Robam Appliances Co., Ltd.

UPDATE:2012-10-26 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)
162.0184
186.9921
134.34
81.8295
Net Profit Growth(%)
31.57
39.19
64.17
51.08
Return On Equity(ROE)(%)
10.00
12.38
9.80
19.40
Debt ratio(%)
27.19
21.32
18.60
34.94
Net Operating Cash Flow/Net Profit(%)
161.41
73.22
90.37
154.53

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)
0.6300
0.7300
1.0900
0.6800
Diluted Earnings Per Share
0.0000
0.7000
1.0600
0.6800
Net Asset Value Per Share (NAVPS)
6.3300
5.9000
8.5700
3.5200
Additional Paid-In Capital Per Share
3.7862
3.7862
6.6579
1.6883
Retained Earnings Per Share
1.3120
0.9449
0.7584
0.7320
Net Cash Flow From Operatings Activities Per Share
1.0200
0.5300
0.7600
1.0500
Net Cash Flow Per Share
0.4111
-0.2090
5.6196
0.9250

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)
2224.8895
1919.3946
1684.3887
648.4418
Total Liabilities(Million)
604.9876
409.3578
313.344
226.5726
Current Liabilities(Million)
604.9876
409.3578
313.344
226.5726
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1128.3834
1022.8813
1074.7484
175.314
Accounts Receivables(Million)
165.1616
128.4116
85.7422
91.6415
Deposit Received(Million)
188.7949
122.161
118.2868
67.3681
Other Receivables(Million)
13.5047
4.997
3.3777
2.5541
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1620.8552
1510.0367
1371.0447
421.8692
Debt ratio(%)
27.19
21.32
18.60
34.94
Equity Ratio(%)
72.8500
78.6700
81.3900
65.0500
Current Ratio
3.0411
3.9853
4.9372
2.3819
Quick Ratio
2.5325
3.2734
4.1521
1.5213

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)
1328.6873
1484.4198
1265.9391
932.4092
Net Cash Flow From Operatings Activities(Million)
261.5178
136.9077
121.4038
126.4532
Net Cash Flow From Operatings Activities Change(%)
59.87
12.77
-3.99
1773.77
Net Cash Flow(Million)
105.2508
-53.5068
899.1412
110.9972
Cash From Selling Commodities/Prime Revenue(%)
100.45
96.78
102.79
99.81
Net Cash Flow/Net Profit(%)
64.96
-28.61
669.30
135.64
Cash Flow From Investing Activities(Million)
-105.0711
-142.39
-37.0747
-15.4538
Cash Flow From Financing Activities(Million)
-51.2
-48
814.8355
-

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)
1322.7271
1533.8876
1231.5971
934.1747
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
431.7842
488.3644
421.0043
346.2013
Administrative Costs(Million)
87.8758
113.4
89.9624
64.1752
Financing Costs(Million)
-9.4078
-23.7763
-3.1462
-1.0509
Above Three Costs Change(%)
25.93
13.82
24.06
4.98
Operating Profit(Million)
182.5478
209.5063
152.4842
94.2027
Income From Investment(Million)
0.0476
-0.0472
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
8.1398
8.0602
3.736
-0.0009
Total Profit(Million)
190.6876
217.5665
156.2202
94.2018
Corporate Income Tax(Million)
29.6224
30.5744
21.8802
12.3724
Net Profit(Million)
162.0184
186.9921
134.34
81.8295
Gross Profit Ratio(%)
53.72
52.48
54.60
55.05
Operating Margin(%)
13.80
13.65
12.38
10.08
Return On Equity(ROE)(%)
10.00
12.38
9.80
19.40

Announcements for Hangzhou Robam Appliances Co., Ltd.

Date: 2012-08-15
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 14 August 2012, during which the following proposal(s) was/were approved:
1. Formulation of plan on the shareholders' return for the next three years
2. Amendments to the Company's articles of association
Date: 2012-07-27
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 14 August 2012.

Meeting agenda:
1 Formulation of plan on the shareholders' return for the next three years
2 Amendments to the Company's articles of association


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: 2012-04-20
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
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): none


Record date: 25 April 2012
Ex-date: 26 April 2012
Payment date: 26 April 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. 2012 financial budget report
5. 2011 annual report and its summary
6. 2011 profit distribution plan
7. Appointment of 2012 audit firm
8. Amendments to the Company's articles of association
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): none.
Date: 2012-03-13
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 13 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):none.
Date: 2012-03-13
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 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. 2012 financial budget report
5. 2011 annual report and its summary
6. 2011 profit distribution plan
7. Appointment of 2012 audit firm
8. Amendments to the Company's articles of association
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): none

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: 06 April 2012
Date: 2011-11-21
Title: RESTRICTED SHARE LISTING
Among the Company's 28800000 restricted shares to be unlocked on 23 November 2011, 28800000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2011-08-19
Title: EGM RESOLUTION
The Company held its 1st EGM of 2011 on 18 August 2011, during which the following proposal(s) was/were approved:
1. Election of director candidates, including Ren Jianhua, Ren Fujia, Zhao Jihong, Ren Luozhong, Shen Guoliang, He Yadong, Sun Xiaoxia, Wang Xiangyao and Ma Guoxin
2. Election of candidates for non-employee representative supervisors, including Zhang Linyong, Zhang Songnian and Chen Wei.
Date: 2011-08-03
Title: EGM-SPOT
The Company will hold the 1ST EGM OF 2011 at 09:30 on 18 August 2011.

Meeting agenda:
1. Election of director candidates, including Ren Jianhua, Ren Fujia, Zhao Jihong, Ren Luozhong, Shen Guoliang, He Yadong, Sun Xiaoxia, Wang Xiangyao and Ma Guoxin
2. Election of candidates for non-employee representative supervisors, including Zhang Linyong, Zhang Songnian and Chen Wei

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 11 August 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: 12 August 2011
Date: 2011-05-06
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY3.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 6.00


RECORD DATE: 12MAY11
EX-DATE: 13MAY11
PAYMENT DATE: 13MAY11
LISTING DATE OF THE BONUS ISSUES: 13MAY11
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 0.300000(10 PERCENT X CNY 3.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 2.700000(CNY 3.000000- CNY0.300000)