Jiangsu Dewei Advanced Materials Co.,Ltd



Quote for Jiangsu Dewei Advanced Materials Co.,Ltd

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Symbol/Code:
300325
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8300325 quote

Summary for Jiangsu Dewei Advanced Materials Co.,Ltd

JIANGSU DEWEI ADVANCED MATERIALS CO.,LTD is principally engaged in the research, development, production and distribution of high polymer materials for cable use. The Company primarily provides cross-linked polyethylene (XLPE) insulating materials, internal and external shielding materials, automobile wire harness insulating materials, elastic body materials, underwriters' laboratories (UL) series materials, as well as general polyvinyl chloride (PVC) materials, among others. The Company's high polymer materials are mainly applied in electricity, automobiles, ships, railways, home appliances, communications and buildings, among others.

Profile for Jiangsu Dewei Advanced Materials Co.,Ltd

Full Name:Jiangsu Dewei Advanced Materials Co.,Ltd
Full Name in Chinese:江苏德威新材料股份有限公司 Short Name in Chinese:德威新材
Symbol/Stock Code:
300325
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhou Jianming
Secretary of the Board:
Zhai Zhongyuan
Phone:
+86-512-53229379
Fax:
+86-512-53211998
Official Website:www.chinadewei.com
E-mail:dongmi@chinadewei.com
Address:No.99 Shanan East Road, Shaxi,TAICANG JNG 215421
IPO Subscription Date:
2012-05-22
Listing Date:
2012-06-01
IPO Issued Capital:
20000000
IPO Price:
17
IPO fees:
34103900 CNY
Money Raised by IPO:
340000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
305896100 CNY
Open(Listing day):
- CNY
Close(Listing day):
- CNY
Diluted P/E ratio after IPO:
25.3700
Turnover rate(listing day):
-%

Financials for Jiangsu Dewei Advanced Materials Co.,Ltd

UPDATE:2012-10-25 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)
41.4647
53.7062
47.0885
39.2161
Net Profit Growth(%)
9.50
14.05
20.07
37.59
Return On Equity(ROE)(%)
6.37
17.21
18.23
18.05
Debt ratio(%)
46.96
57.76
52.70
51.24
Net Operating Cash Flow/Net Profit(%)
85.55
-61.01
160.19
72.07

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)
0.6000
0.9000
0.7800
0.6800
Diluted Earnings Per Share
0.0000
0.8900
0.7500
0.6200
Net Asset Value Per Share (NAVPS)
8.1400
5.2000
4.3100
3.6200
Additional Paid-In Capital Per Share
4.4600
1.1818
1.1818
1.1818
Retained Earnings Per Share
2.4264
2.6775
1.8626
1.2497
Net Cash Flow From Operatings Activities Per Share
0.4400
-0.6700
1.2600
0.4700
Net Cash Flow Per Share
3.1715
0.9472
0.3855
0.3055

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)
1256.5125
771.362
570.2355
465.4738
Total Liabilities(Million)
590.1265
445.5764
300.549
238.5436
Current Liabilities(Million)
590.1265
445.5764
300.549
238.5436
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
517.5398
219.0395
172.4012
140.9099
Accounts Receivables(Million)
229.1484
182.8114
152.1521
123.8999
Deposit Received(Million)
3.0251
0.4283
0.5399
0.8816
Other Receivables(Million)
1.4633
0.9691
5.4412
5.853
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
651.4299
312.0692
258.363
217.2745
Debt ratio(%)
46.96
57.76
52.70
51.24
Equity Ratio(%)
51.8400
40.4500
45.3000
46.6700
Current Ratio
1.8122
1.4252
1.4563
1.4861
Quick Ratio
1.5766
1.2056
1.2416
1.2602

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)
499.0751
645.206
575.587
532.1692
Net Cash Flow From Operatings Activities(Million)
35.4711
-32.7686
75.4328
28.2613
Net Cash Flow From Operatings Activities Change(%)
-187.14
-143.44
166.91
17986.78
Net Cash Flow(Million)
253.7163
56.8347
23.1272
18.3317
Cash From Selling Commodities/Prime Revenue(%)
92.13
99.12
108.25
115.81
Net Cash Flow/Net Profit(%)
611.89
105.83
49.11
46.75
Cash Flow From Investing Activities(Million)
-47.1565
-22.7482
-30.5579
-23.5763
Cash Flow From Financing Activities(Million)
265.4016
111.9757
-21.8138
13.6467

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)
541.7203
650.907
531.7255
459.5163
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
8.8377
9.7167
6.4674
6.6754
Administrative Costs(Million)
19.9582
20.4827
18.5753
15.6742
Financing Costs(Million)
17.142
21.0539
13.6236
11.3196
Above Three Costs Change(%)
25.41
32.55
14.84
16.18
Operating Profit(Million)
49.0421
66.6624
55.0235
43.1009
Income From Investment(Million)
-
0.1135
0.1204
0.3754
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.9147
0.4163
2.3586
3.973
Total Profit(Million)
50.9568
67.0786
57.3822
47.0739
Corporate Income Tax(Million)
8.2525
10.9795
8.6258
6.5383
Net Profit(Million)
41.4647
53.7062
47.0885
39.2161
Gross Profit Ratio(%)
17.57
18.37
17.80
16.54
Operating Margin(%)
9.05
10.24
10.34
9.37
Return On Equity(ROE)(%)
6.37
17.21
18.23
18.05

Announcements for Jiangsu Dewei Advanced Materials Co.,Ltd

Date: 2012-10-25
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 24 October 2012, during which the following proposal(s) was/were approved:
1. Use of all the over-raised funds to invest in setting up a wholly-owned subsidiary
Date: 2012-10-10
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:30 on 24 October 2012.

Meeting agenda:
1. Use of all the over-raised funds to invest in setting up a wholly-owned subsidiary


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 22 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 23 October 2012 to 23 October 2012
Date: 2012-09-17
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2012 interim 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): none


Record date: 20 September 2012
Ex-date: 21 September 2012
Payment date: 21 September 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: 2012-08-21
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 20 August 2012, during which the following proposal(s) was/were approved:
1. Nomination of independent director candidates, accumulative voting system applicable
2. Amendments to the Company's articles of association and to handle the changes in industrial and commercial registration
3. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY1.0000 per 10 shares 2) Bonus shares from profit: none 3) Bonus shares from capital reserve: none
4. Amendments to the Company's articles of association and handle the changes in industrial and commercial registration
Date: 2012-08-07
Title: EGM CHANGE
Further to our previous message on 31 July 2012 about the Company's 2nd Extraordinary General Meeting of 2012, the Company announced on 07 August 2012 the following changes made with regard to the said meeting:

Additional items to be discussed:
4. Amendments to the Company's articles of association and handle the changes in industrial and commercial registration

Other information remains unchanged.
All the proposals of the meeting are sequenced as follows:
1. Nomination of independent director candidates, accumulative voting system applicable
2. Amendments to the Company's articles of association and to handle the changes in industrial and commercial registration
3. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY1.0000 per 10 shares 2) Bonus shares from profit: none 3) Bonus shares from capital reserve: none
4. Amendments to the Company's articles of association and handle the changes in industrial and commercial registration
Date: 2012-07-31
Title: INTERIM DIVIDEND
The Company issued its 2012 interim report on 31 July 2012.

The profit distribution proposal for 2012:
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):none.
Date: 2012-07-31
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 20 August 2012.

Meeting agenda:
1. Nomination of independent director candidates, accumulative voting system applicable
2. Amendments to the Company's articles of association and to handle the changes in industrial and commercial registration
3. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY1.0000 per 10 shares 2) Bonus shares from profit: none 3) Bonus shares from capital reserve: none


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 19 August 2012
Date: 2012-05-31
Title: IPO SHARE LISTING
The Company issued a total of 20 million shares (code:300325) in its initial public offering. Of the shares,20 million shares will be listed on the Shenzhen Stock Exchange on 01 June 2012 while the remainder will become tradable three months later.
Date: 2012-05-21
Title: IPO-ONLINE SUBSCRIPTION
Jiangsu Dewei Advanced Materials Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 20.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 300325
3. Stock abbreviation: Dewei Advanced Materials
4. Issuing volume: 20.000000 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: 10.000000 million shares
9. Online offering volume: 10.000000 million shares
10. Price: CNY17.00 per share
11. Offline subscription period: 22 May 2012
12. Online subscription date: 22 May 2012.
Date: 2012-05-14
Title: IPO
Jiangsu Dewei Advanced Materials Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 20.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 20.0000 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: 10.0000 million shares
7.Online offering volume:10.0000 million shares
8.IPO price inquiry period: from 15 May 2012 to 17 May 2012
9.IPO price determined: 21 May 2012
10.Offline subscription date:22 May 2012
11.Online subscription date: 22 May 2012
12.Expected listing date:N/A.