Hunan Dakang Pasture Farming Co.,Ltd.



Quote for Hunan Dakang Pasture Farming Co.,Ltd.

Last Trade:
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Symbol/Code:
002505
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002505 quote

Summary for Hunan Dakang Pasture Farming Co.,Ltd.

HUNAN DAKANG PASTURE FARMING CO.,LTD. is principally engaged in the breeding and distribution of pigs. The Company operates its businesses primarily through the breeding, production and distribution of pigs, piglets, fattening pigs and feedstuffs. The Company also provides slaughtered meat products. The Company distributes its products mainly in domestic market.

Profile for Hunan Dakang Pasture Farming Co.,Ltd.

Full Name:Hunan Dakang Pasture Farming Co.,Ltd.
Full Name in Chinese:湖南大康牧业股份有限公司 Short Name in Chinese:大康牧业
Symbol/Stock Code:
002505
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Chen Liming
Secretary of the Board:
Yan Fang
Phone:
+86-745-2828533
Fax:
+86-745-8689248
Official Website:www.dakangmuye.com
E-mail:dakangmuye@163.com
Address:Building 3,Yazuiyan Industrial Park, Hech,418009,HUAIHUA HUN 418009
IPO Subscription Date:
2010-11-08
Listing Date:
2010-11-18
IPO Issued Capital:
26000000
IPO Price:
24 CNY
IPO fees:
59591600 CNY
Money Raised by IPO:
624000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
564408400 CNY
Open(Listing day):
32.88 CNY
Close(Listing day):
28.99 CNY
Diluted P/E ratio after IPO:
87.0100
Turnover rate(listing day):
61.96%

Financials for Hunan Dakang Pasture Farming Co.,Ltd.

UPDATE:2012-10-28 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)
32.3169
56.9727
40.8506
30.2009
Net Profit Growth(%)
-39.39
39.46
35.26
2.13
Return On Equity(ROE)(%)
3.75
6.74
5.15
16.05
Debt ratio(%)
33.08
5.77
5.02
31.56
Net Operating Cash Flow/Net Profit(%)
-39.21
516.39
-618.34
61.71

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)
0.1300
0.3460
0.3230
0.4700
Diluted Earnings Per Share
0.0000
0.3510
0.3160
0.4400
Net Asset Value Per Share (NAVPS)
3.4900
5.1400
7.7200
2.4500
Additional Paid-In Capital Per Share
1.7977
3.1965
5.5144
0.3634
Retained Earnings Per Share
0.6175
0.8297
1.0765
0.9623
Net Cash Flow From Operatings Activities Per Share
-0.0500
1.7890
-2.4570
0.2400
Net Cash Flow Per Share
0.9727
-0.1132
1.7792
0.2737

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)
1287.8086
897.6244
835.0646
274.9451
Total Liabilities(Million)
426.1298
51.8146
42.0034
86.7883
Current Liabilities(Million)
100.0303
51.8146
24.8373
86.7883
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
439.0455
199.0597
486.5806
34.7771
Accounts Receivables(Million)
1.4713
5.6193
6.3587
3.1571
Deposit Received(Million)
11.7324
18.0519
1.269
7.2073
Other Receivables(Million)
27.8514
2.212
1.4029
3.7454
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
861.6787
845.8098
793.9771
188.1568
Debt ratio(%)
33.08
5.77
5.02
31.56
Equity Ratio(%)
66.9100
94.2200
94.9700
68.4300
Current Ratio
7.3230
8.2365
24.3842
1.3581
Quick Ratio
5.5784
5.3285
21.2728
0.6016

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)
444.5702
503.8136
373.537
282.1547
Net Cash Flow From Operatings Activities(Million)
-12.6713
294.2023
-252.5949
18.6368
Net Cash Flow From Operatings Activities Change(%)
-54.40
-216.47
-1455.36
-35.55
Net Cash Flow(Million)
239.9858
-18.6209
182.9035
21.0212
Cash From Selling Commodities/Prime Revenue(%)
100.86
103.95
97.58
99.20
Net Cash Flow/Net Profit(%)
742.60
-32.68
447.74
69.60
Cash Flow From Investing Activities(Million)
-53.1146
-278.191
-83.5958
-50.6574
Cash Flow From Financing Activities(Million)
305.7716
-34.6322
519.0942
53.0419

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)
440.7652
484.6875
382.7924
284.442
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
1.6119
1.8093
1.9315
2.0903
Administrative Costs(Million)
19.6132
18.3528
7.0441
3.3078
Financing Costs(Million)
0.4176
-4.93
2.7192
2.5375
Above Three Costs Change(%)
109.33
30.25
47.37
13.34
Operating Profit(Million)
31.5619
57.7142
39.9257
28.3567
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.755
-0.7415
0.9248
1.8442
Total Profit(Million)
32.3169
56.9727
40.8506
30.2009
Corporate Income Tax(Million)
-
-
-
-
Net Profit(Million)
32.3169
56.9727
40.8506
30.2009
Gross Profit Ratio(%)
12.14
15.07
13.47
12.34
Operating Margin(%)
7.16
11.90
10.43
9.96
Return On Equity(ROE)(%)
3.75
6.74
5.15
16.05

Announcements for Hunan Dakang Pasture Farming Co.,Ltd.

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 27 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Shareholder return plan for the next three years from 2012 to 2014
Date: 2012-07-06
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 05 July 2012, during which the following proposal(s) was/were approved:
1. Use of over-raised fund to increase capital in a wholly-owned subsidiary and amendments to its articles of association
2. Wholly-owned subsidiaries to purchase assets.
Date: 2012-06-27
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 5.0000


Record date: 02 July 2012
Ex-date: 03 July 2012
Payment date: 03 July 2012
Listing date of the bonus issues: 03 July 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-06-20
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 05 July 2012.

Meeting agenda:
1. Use of over-raised fund to increase capital in a wholly-owned subsidiary and amendments to its articles of association
2. Wholly-owned subsidiaries to purchase assets

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 29 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: 04 July 2012
Date: 2012-05-15
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 13 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 financial resolution report
4. 2011 profit distribution plan
5. 2012 financial budget report
6. 2011 annual report and its summary
7. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.00.
Date: 2012-04-18
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 18 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):5.0000.
Date: 2012-04-18
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 13 May 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. 2012 financial budget report
6. 2011 annual report and its summary
7. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 07 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: 12 May 2012
Date: 2012-04-17
Title: ANNUAL/INTERIM REPORT CHANGE
The Company's 2011 annual report cannot be released as scheduled, and trading of the Company's shares will be suspended as of 17 April 2012.
Date: 2012-03-29
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:00 on 13 April 2012.

Meeting agenda:
1. Eligibility for public issue of corporate bonds
2. Scheme for public issue of corporate bonds
3. Mandate to the board to handle matters in relation to the issue and listing of corporate bonds
4. Repayment guarantee measures for the issue of corporate bonds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 12 April 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: 13 April 2012
Voting code:362505
Voting abbreviation:Dakang Pasture Farming 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 12 April 2012 to 13 April 2012.
Date: 2012-02-29
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 16 March 2012.

Meeting agenda:
1. Nomination of director candidates(by-election) including Zeng Shimin, Lei Cheng

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 15 March 2012