Hubei Guochuang Hi-Tech Material Co.,Ltd



Quote for Hubei Guochuang Hi-Tech Material Co.,Ltd

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Symbol/Code:
002377
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002377 quote

Summary for Hubei Guochuang Hi-Tech Material Co.,Ltd

Hubei Guochuang Hi-tech Material Co., Ltd is principally engaged in the development, production and sale of modified asphalt and emulsified asphalt. The Company's major products include styrene-butadiene-styrene (SBS) modified asphalt, heavy traffic pavement asphalt and emulsified asphalt, among others. The Company's products are mainly used for expressways, city expressways, arterial roads, exclusive bus lanes, overpasses, parking lots, freight yards, airfield runways, ports, roadbed filter layer, waterproof seals, road finishing coats and road maintenance, among others. It distributes its products primarily in domestic market.

Profile for Hubei Guochuang Hi-Tech Material Co.,Ltd

Full Name:Hubei Guochuang Hi-Tech Material Co.,Ltd
Full Name in Chinese:湖北国创高新材料股份有限公司 Short Name in Chinese:国创高新
Symbol/Stock Code:
002377
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Gao Qingshou
Secretary of the Board:
Peng Yachao
Phone:
+86-27-87617347
Fax:
+86-27-87617346
Official Website:www.guochuang.com.cn
E-mail:cbmb@public.wh.hb.cn
Address:17F Gaoke Mansion,Guandong Science Park, Wuchang,WUHAN HUB 430074
IPO Subscription Date:
2010-03-12
Listing Date:
2010-03-23
IPO Issued Capital:
27000000
IPO Price:
19.8 CNY
IPO fees:
38700000 CNY
Money Raised by IPO:
534600000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
495900000 CNY
Open(Listing day):
26.20 CNY
Close(Listing day):
26.57 CNY
Diluted P/E ratio after IPO:
61.8800
Turnover rate(listing day):
70.78%

Financials for Hubei Guochuang Hi-Tech Material 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)
9.7383
38.1254
37.4623
35.0981
Net Profit Growth(%)
-48.02
1.76
6.73
19.24
Return On Equity(ROE)(%)
1.36
5.38
5.59
21.56
Debt ratio(%)
59.52
45.25
47.20
70.76
Net Operating Cash Flow/Net Profit(%)
560.32
-445.92
-270.69
132.34

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)
0.0455
0.1800
0.1900
0.4400
Diluted Earnings Per Share
0.0000
0.1700
0.1600
0.4200
Net Asset Value Per Share (NAVPS)
3.3500
3.3100
6.2700
2.0300
Additional Paid-In Capital Per Share
1.7207
1.7207
4.4413
0.0000
Retained Earnings Per Share
0.5768
0.5312
0.7236
0.9313
Net Cash Flow From Operatings Activities Per Share
0.2500
-0.7900
-0.9500
0.5800
Net Cash Flow Per Share
0.2936
-0.7699
2.9905
0.2429

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)
1787.0247
1304.5786
1282.3874
575.654
Total Liabilities(Million)
1063.7832
590.3934
605.332
407.3469
Current Liabilities(Million)
789.9237
590.3934
575.332
377.3469
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
326.2126
263.3726
428.1344
108.1483
Accounts Receivables(Million)
463.4492
436.2835
349.7529
205.4764
Deposit Received(Million)
88.4042
49.8445
39.9945
18.2318
Other Receivables(Million)
72.7212
54.6081
47.3854
23.1471
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
718.2406
708.5023
670.3769
162.7932
Debt ratio(%)
59.52
45.25
47.20
70.76
Equity Ratio(%)
40.1900
54.3000
52.2700
28.2700
Current Ratio
2.0105
1.9101
2.0258
1.2409
Quick Ratio
1.3560
1.5141
1.5243
0.9780

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)
995.728
833.2803
811.3074
665.388
Net Cash Flow From Operatings Activities(Million)
54.5653
-170.0079
-101.4058
46.4483
Net Cash Flow From Operatings Activities Change(%)
-122.43
67.65
-318.32
23.25
Net Cash Flow(Million)
62.84
-164.7618
319.9861
19.4352
Cash From Selling Commodities/Prime Revenue(%)
119.72
90.84
103.35
108.39
Net Cash Flow/Net Profit(%)
645.29
-432.16
854.15
55.37
Cash Flow From Investing Activities(Million)
-28.0087
-71.5324
-20.9033
-3.6579
Cash Flow From Financing Activities(Million)
36.2833
76.7785
442.2952
-23.3551

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)
831.6832
917.2847
784.9902
613.8794
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
8.228
8.5668
7.767
9.4455
Administrative Costs(Million)
35.7481
42.5456
24.5397
19.409
Financing Costs(Million)
23.967
14.521
6.4497
11.8625
Above Three Costs Change(%)
103.25
69.35
-4.82
-20.34
Operating Profit(Million)
12.4132
47.9172
37.2175
37.1684
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
-0.3583
1.4941
3.8771
1.5265
Total Profit(Million)
12.0549
49.4112
41.0945
38.695
Corporate Income Tax(Million)
2.9987
10.8226
2.4676
4.5584
Net Profit(Million)
9.7383
38.1254
37.4623
35.0981
Gross Profit Ratio(%)
10.21
14.63
11.32
14.17
Operating Margin(%)
1.49
5.22
4.74
6.05
Return On Equity(ROE)(%)
1.36
5.38
5.59
21.56

Announcements for Hubei Guochuang Hi-Tech Material Co.,Ltd

Date: 2012-10-17
Title: EGM RESOLUTION
The Company held its 5th Extraordinary General Meeting of 2012 on 16 October 2012, during which the following proposal(s) was/were approved:
1. The profit distribution management system
2. The plan for the shareholders' return for the next three years(2012-2014)
3. Amendments to the Company's articles of association
Date: 2012-09-28
Title: EGM-ONLINE
The Company will hold the 5th Extraordinary General Meeting of 2012 at 14:00 on 16 October 2012.

Meeting agenda:
1. The profit distribution management system
2. The plan for the shareholders' return for the next three years(2012-2014)
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 10 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 15 October 2012 to 15 October 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: 16 October 2012
Voting code:362377
Voting abbreviation:Guochuang Hi-tech 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 15 October 2012 to 16 October 2012.
Date: 2012-08-22
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 21 August 2012, during which the following proposal(s) was/were approved:
1. Guarantee for bank comprehensive credit applied by the wholly-owned subsidiaries
Date: 2012-08-17
Title: EGM CHANGE
Further to our previous message on 06 August 2012 about the Company's 4th Extraordinary General Meeting of 2012, the Company announced on 17 August 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) End Date for Online Voting via the Internet:20120821
2) Start Date for Online Voting via the Internet:20120820
3) Voting Date via the Trading System:20120821

Other information remains unchanged.
Date: 2012-08-06
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 10:00 on 21 August 2012.

Meeting agenda:
1. Guarantee for bank comprehensive credit applied by the wholly-owned subsidiaries


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 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: 20 August 2012
Date: 2012-06-12
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 11 June 2012, during which the following proposal(s) was/were approved:
1. Guarantee for the comprehensive credit applied to a bank by a wholly-owned subsidiary.
Date: 2012-05-17
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 16 May 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 annual report and its abstract
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Special statement on the deposit and use of funds raised in 2011
7. Re-appointment of audit firm
8. Re-election of directors, including Gao Qingshou, Gao Tao, Hao Liqun, Peng Bin, Qian Jing, Peng Yachao, Wu Xinmu, Yang Jun and Feng Hao, cumulative voting system is applicable
9. Re-election of supervisors, including Tang Yanzhong and Dai Zhijun, cumulative voting system is applicable
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-26
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 16 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 annual report and its abstract
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Special statement on the deposit and use of funds raised in 2011
7. Re-appointment of audit firm
8. Re-election of directors, including Gao Qingshou, Gao Tao, Hao Liqun, Peng Bin, Qian Jing, Peng Yachao, Wu Xinmu, Yang Jun and Feng Hao, cumulative voting system is applicable
9. Re-election of supervisors, including Tang Yanzhong and Dai Zhijun, cumulative voting system is applicable
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
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 11 May 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: 15 May 2012
Date: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-03-21
Title: EGM REMINDER
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 23 March 2012.

Meeting agenda:
1. To continue to temporarily replenish working capital with partial idle raised funds
2. 2012 continuing connected transactions estimate

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 19 March 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: 22 March 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: 23 March 2012
Voting code:362377
Voting abbreviation:Guochuang Hi-tech voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 22 March 2012 to 23 March 2012.