Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.



Quote for Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.

Last Trade:
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Symbol/Code:
002540
Status:
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Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002540 quote

Summary for Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.

Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. is principally engaged in the research, development, production and distribution of automobile aluminum extrusion products and other industrial extrusion products. The Company mainly provides automobile precise aluminum pipes, structural sections and bars, including air condition pipes, water tank pipes, sections, bars, and braking system aluminum sections, among others. The Company's products are mainly applied in automobile heat exchange systems and chassis systems, suspension systems, braking systems, commercial air conditioners and communication equipment, among others. It distributes its products in domestic and overseas markets.

Profile for Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.

Full Name:Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.
Full Name in Chinese:江苏亚太轻合金科技股份有限公司 Short Name in Chinese:亚太科技
Symbol/Stock Code:
002540
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhou Fuhai
Secretary of the Board:
Luo Gongwu
Phone:
+86-510-88271111-887
Fax:
+86-510-88278653
E-mail:apalt@yatal.com
Address:No. 8, Fangxing Road,No. 8, Fangxing Road, New Dist,WUXI JNG 214111
IPO Subscription Date:
2011-01-06
Listing Date:
2011-01-18
IPO Issued Capital:
40000000
IPO Price:
40 CNY
IPO fees:
52774800 CNY
Money Raised by IPO:
1600000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1547225200 CNY
Open(Listing day):
33.00 CNY
Close(Listing day):
34.50 CNY
Diluted P/E ratio after IPO:
67.8000
Turnover rate(listing day):
23.76%

Financials for Jiangsu Asia-Pacific Light Alloy Technology 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)
82.2097
123.5763
121.1757
93.2296
Net Profit Growth(%)
-11.32
1.98
29.97
13.27
Return On Equity(ROE)(%)
3.73
5.69
22.88
22.82
Debt ratio(%)
2.69
6.59
32.32
32.27
Net Operating Cash Flow/Net Profit(%)
-103.30
-62.87
15.54
-37.18

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)
0.4000
0.6000
0.7800
0.7800
Diluted Earnings Per Share
0.0000
0.5200
0.7500
0.7800
Net Asset Value Per Share (NAVPS)
10.5900
10.4400
4.4100
3.4000
Additional Paid-In Capital Per Share
7.4183
7.4183
0.6704
0.6704
Retained Earnings Per Share
1.9696
1.8244
2.4986
1.5744
Net Cash Flow From Operatings Activities Per Share
-0.4100
-0.3700
0.1600
-0.2900
Net Cash Flow Per Share
-1.2391
5.1480
0.2340
-0.2063

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)
2267.2037
2325.2365
829.3945
639.4297
Total Liabilities(Million)
61.0458
153.4467
268.0806
206.3848
Current Liabilities(Million)
51.2398
138.1409
176.1585
184.7642
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
889.5418
1150.7848
71.6081
58.5449
Accounts Receivables(Million)
290.3208
241.5779
188.1994
177.4865
Deposit Received(Million)
5.6817
4.7685
8.3848
9.9312
Other Receivables(Million)
0.4124
0.2101
0.0412
0.0971
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2201.9995
2171.7898
529.6598
408.4841
Debt ratio(%)
2.69
6.59
32.32
32.27
Equity Ratio(%)
97.1200
93.4000
63.8600
63.8800
Current Ratio
32.7988
12.7009
2.6158
2.2651
Quick Ratio
28.7682
11.3061
1.9089
1.7072

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)
1120.1891
1228.0377
986.8262
738.0586
Net Cash Flow From Operatings Activities(Million)
-84.9214
-77.6892
18.8261
-34.6625
Net Cash Flow From Operatings Activities Change(%)
-17.33
-512.67
-154.31
-124.75
Net Cash Flow(Million)
-257.7293
1070.7801
28.0749
-24.757
Cash From Selling Commodities/Prime Revenue(%)
87.47
94.51
86.84
91.00
Net Cash Flow/Net Profit(%)
-313.50
866.49
23.17
-26.55
Cash Flow From Investing Activities(Million)
-121.7513
-184.4048
-47.0195
-13.8947
Cash Flow From Financing Activities(Million)
-51.0566
1332.8741
56.2664
23.8002

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)
1280.6894
1299.3128
1136.349
811.0137
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
19.9507
22.0396
18.6213
15.835
Administrative Costs(Million)
112.8598
112.7933
89.2222
40.5699
Financing Costs(Million)
-18.4078
-25.565
8.2856
4.0059
Above Three Costs Change(%)
33.55
-5.91
92.23
7.10
Operating Profit(Million)
86.0862
133.2413
145.1473
115.3575
Income From Investment(Million)
-
0.1102
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
9.6847
15.337
3.0242
0.3038
Total Profit(Million)
95.7708
148.5783
148.1715
115.6613
Corporate Income Tax(Million)
14.4028
21.6735
19.9024
18.4911
Net Profit(Million)
82.2097
123.5763
121.1757
93.2296
Gross Profit Ratio(%)
16.16
19.27
23.44
22.71
Operating Margin(%)
6.72
10.25
12.77
14.22
Return On Equity(ROE)(%)
3.73
5.69
22.88
22.82

Announcements for Jiangsu Asia-Pacific Light Alloy Technology Co.,Ltd.

Date: 2012-08-08
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 10:00 on 24 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Amendments to the Company's rules of procedures governing the general meeting of shareholders


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 17 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 21 August 2012 to 21 August 2012
Date: 2012-05-23
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.50000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 28 May 2012
Ex-date: 29 May 2012
Payment date: 29 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: CNY0.25000000(10 percent x CNY2.50000000)
Net cash dividend/10 shares after tax: CNY2.25000000(CNY2.50000000- CNY0.25000000)
Date: 2012-05-22
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 21 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. 2012 financial budget report
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2011 annual report and its summary
8. 2012 remuneration scheme for directors
9. 2012 remuneration scheme for supervisors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-24
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 24 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.50000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-24
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 21 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. 2012 financial budget report
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2011 annual report and its summary
8. 2012 remuneration scheme for directors
9. 2012 remuneration scheme for supervisors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.50000000
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 14 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: 17 May 2012
Date: 2012-01-18
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 17 January 2012, during which the following proposal(s) was/were approved:
1. Amendments to major investment and financial decision-making system
2. Capital expansion in the Company's wholly-owned subsidiary with partial over-raised funds to fill fund gap.
Date: 2012-01-13
Title: RESTRICTED SHARE LISTING
Among the Company's 21060000 restricted shares to be unlocked on 18 January 2012, 20007000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2011-06-21
Title: EGM RESOLUTION
THE CO HELD ITS 2ND EGM OF 2011 ON 18JUN11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. AMENDMENTS TO THE EXTERNAL GUARANTEE MANAGEMENT SYSTEM
2. AMENDMENTS TO THE MAJOR INVESTMENT AND FINANCE DECISION-MAKING SYSTEM
3. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
Date: 2011-05-31
Title: EGM-SPOT
THE CO WILL HOLD THE 2ND EGM OF 2011 AT 10:00 ON 18JUN11.

MEETING AGENDA:
1. AMENDMENTS TO THE EXTERNAL GUARANTEE MANAGEMENT SYSTEM
2. AMENDMENTS TO THE MAJOR INVESTMENT AND FINANCE DECISION-MAKING SYSTEM
3. AMENDMENTS TO THE ARTICLES OF ASSOCIATION

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 10JUN11 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: 15JUN11
Date: 2011-04-29
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY2.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 3.00


RECORD DATE: 06MAY11
EX-DATE: 09MAY11
PAYMENT DATE: 09MAY11
LISTING DATE OF THE BONUS ISSUES: 09MAY11
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 0.200000(10 PERCENT X CNY 2.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 1.800000(CNY 2.000000- CNY0.200000)