Honyu Wear-Resistant New Materials Co.,Ltd.



Quote for Honyu Wear-Resistant New Materials Co.,Ltd.

Last Trade:
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Change:
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Symbol/Code:
300345
Status:
-
Stock Type:
A Share
Market Cap:
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Bid:
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Ask:
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Volume(*100):
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Update:-
Currency in CNY Time=UTC+8300345 quote

Summary for Honyu Wear-Resistant New Materials Co.,Ltd.

HONYU WEAR-RESISTANT NEW MATERIALS CO., LTD. is principally engaged in the research, development, manufacture, distribution and applied technology services of wear resistant castings. The Company primarily provides chromium manganese tungsten wear resistant cast iron grinding balls and grinding granules, which are applied in ball mills of mining, cement factories and thermal power plants, as well as specialty equipment castings, including iron linners, rollers, lining boards, hammers and back plates, among others, which are applied in ball mills, blenders and crushers, among others. During the year ended December 31, 2009, the Company obtained approximately 98.24% of its total revenue from grinding balls.

Profile for Honyu Wear-Resistant New Materials Co.,Ltd.

Full Name:Honyu Wear-Resistant New Materials Co.,Ltd.
Full Name in Chinese:湖南红宇耐磨新材料股份有限公司 Short Name in Chinese:红宇新材
Symbol/Stock Code:
300345
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhu Hongyu
Secretary of the Board:
Chen Xinwen
Phone:
+86-731-82378290
Fax:
+86-731-87981488
Official Website:www.zghyu.com
E-mail:hn_hy2009@163.com
Address:No. 068,Jinsha West Road, Jinzhou New Ar,CHANGSHA HUN 410600
IPO Subscription Date:
2012-07-24
Listing Date:
2012-08-01
IPO Issued Capital:
24000000
IPO Price:
17.2
IPO fees:
39095000 CNY
Money Raised by IPO:
412800000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
373705000 CNY
Open(Listing day):
16.00 CNY
Close(Listing day):
16.61 CNY
Diluted P/E ratio after IPO:
30.3900
Turnover rate(listing day):
33.06%

Financials for Honyu Wear-Resistant New Materials Co.,Ltd.

UPDATE:2012-10-22 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)
35.3043
57.9097
46.5107
30.8086
Net Profit Growth(%)
14.45
24.50
50.96
120.28
Return On Equity(ROE)(%)
5.74
28.14
29.30
26.34
Debt ratio(%)
15.61
41.77
45.92
39.13
Net Operating Cash Flow/Net Profit(%)
-118.33
73.05
4.61
-77.48

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)
0.3700
0.8000
0.6500
0.4300
Diluted Earnings Per Share
0.0000
0.7500
0.5700
0.4100
Net Asset Value Per Share (NAVPS)
6.4100
2.8600
2.2000
1.6200
Additional Paid-In Capital Per Share
4.0522
0.5366
0.5366
0.5366
Retained Earnings Per Share
1.2460
1.1710
0.5978
0.0829
Net Cash Flow From Operatings Activities Per Share
-0.4400
0.5900
0.0300
-0.3300
Net Cash Flow Per Share
2.9589
0.1006
0.0934
0.1677

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)
729.3998
353.4845
293.4901
192.1739
Total Liabilities(Million)
113.8932
147.6571
134.7724
75.2149
Current Liabilities(Million)
113.8932
147.6571
134.6876
35.0466
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
321.7666
37.7134
30.4696
29.9115
Accounts Receivables(Million)
188.991
113.1402
56.4519
39.2237
Deposit Received(Million)
0.0137
0.0139
0.0166
0.014
Other Receivables(Million)
3.2848
0.5946
4.5844
2.2991
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
615.5067
205.8274
158.7177
116.959
Debt ratio(%)
15.61
41.77
45.92
39.13
Equity Ratio(%)
84.3800
58.2200
54.0700
60.8600
Current Ratio
5.2933
1.6307
1.4189
3.5154
Quick Ratio
4.9159
1.4329
0.9552
2.5812

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)
114.2214
207.9517
206.9628
87.2097
Net Cash Flow From Operatings Activities(Million)
-41.7739
42.3022
2.1428
-23.8695
Net Cash Flow From Operatings Activities Change(%)
-241.81
1874.18
-108.98
-592.96
Net Cash Flow(Million)
284.0532
7.2438
6.7262
12.0721
Cash From Selling Commodities/Prime Revenue(%)
66.70
84.96
99.33
69.21
Net Cash Flow/Net Profit(%)
804.58
12.51
14.46
39.18
Cash Flow From Investing Activities(Million)
-24.5279
-16.2752
-38.1915
-22.4407
Cash Flow From Financing Activities(Million)
350.355
-18.7833
42.7749
58.3823

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)
171.2345
244.7574
208.3671
126.0006
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
6.0038
9.402
9.3674
9.3364
Administrative Costs(Million)
14.7035
15.8958
15.3806
8.0114
Financing Costs(Million)
4.6114
5.6164
4.0256
2.2922
Above Three Costs Change(%)
24.40
7.44
46.50
77.57
Operating Profit(Million)
33.6898
62.7129
47.1313
30.9336
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
7.1776
4.2842
6.935
2.0887
Total Profit(Million)
40.8675
66.9971
54.0663
33.0222
Corporate Income Tax(Million)
5.5631
9.0874
7.5556
2.2136
Net Profit(Million)
35.3043
57.9097
46.5107
30.8086
Gross Profit Ratio(%)
36.43
39.83
37.51
42.35
Operating Margin(%)
19.67
25.62
22.61
24.55
Return On Equity(ROE)(%)
5.74
28.14
29.30
26.34

Announcements for Honyu Wear-Resistant New Materials Co.,Ltd.

Date: 2012-09-04
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 03 September 2012, during which the following proposal(s) was/were approved:
1. To temporarily replenish working capital with partial idle raised funds
Date: 2012-08-17
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:30 on 03 September 2012.

Meeting agenda:
1. To temporarily replenish working capital with partial idle raised funds


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 28 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: from 31 August 2012 to 31 August 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.
Part I Voting via the trading system
Voting date: 03 September 2012
Voting code:365345
Voting abbreviation:Honyu Materials voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Investors Meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
Shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 31 August 2012 to 03 September 2012.
Date: 2012-07-31
Title: IPO SHARE LISTING
The Company's 24 million shares (code:300345) in its initial public offering will be listed on the Shenzhen Stock Exchange on 01 August 2012.
Date: 2012-07-23
Title: IPO-ONLINE SUBSCRIPTION
Honyu Wear-resistant New Materials Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 24.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 300345
3. Stock abbreviation: Honyu Materials
4. Issuing volume: 24.000000 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: 12.000000 million shares
9. Online offering volume: 12.000000 million shares
10. Price: CNY17.20 per share
11. Offline subscription period: 24 July 2012
12. Online subscription date: 24 July 2012.
Date: 2012-07-13
Title: IPO
Honyu Wear-resistant New Materials Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 24.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 24.0000 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: 12.0000 million shares
7.Online offering volume:12.0000 million shares
8.IPO price inquiry period: from 16 July 2012 to 19 July 2012
9.IPO price determined: 23 July 2012
10.Offline subscription date:24 July 2012
11.Online subscription date: 24 July 2012
12.Expected listing date:N/A.