Jiangsu Fengdong Thermal Technology Co.,Ltd.



Quote for Jiangsu Fengdong Thermal Technology Co.,Ltd.

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Symbol/Code:
002530
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002530 quote

Summary for Jiangsu Fengdong Thermal Technology Co.,Ltd.

Jiangsu Fengdong Thermal Technology Co., Ltd. is principally engaged in the research, development, manufacture and distribution of heat treatment equipment. The Company operates its businesses primarily through two business lines: the research, development, manufacture and distribution of heat treatment equipment, as well as the provision of metal spare parts heat treatment processing services. It offers controllable atmosphere furnaces and vacuum furnaces. The Company also involves in part distribution and maintenance businesses. The Company operates its businesses in domestic and overseas markets. During the year ended December 31, 2011, the Company obtained approximately 63.60% of its total revenue from heat treatment equipment.

Profile for Jiangsu Fengdong Thermal Technology Co.,Ltd.

Full Name:Jiangsu Fengdong Thermal Technology Co.,Ltd.
Full Name in Chinese:江苏丰东热技术股份有限公司 Short Name in Chinese:丰东股份
Symbol/Stock Code:
002530
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhu Wenming
Secretary of the Board:
Fang Lili
Phone:
+86-515-83282838
Fax:
+86-515-83282843
Official Website:www.fengdong.com
E-mail:fengdong@fengdong.com
Address:No. 333 Nanxiang West Road,Economic Development Zone, Daf,YANCHENG JNG 224100
IPO Subscription Date:
2010-12-22
Listing Date:
2010-12-31
IPO Issued Capital:
34000000
IPO Price:
12 CNY
IPO fees:
36796500 CNY
Money Raised by IPO:
408000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
371203500 CNY
Open(Listing day):
21.98 CNY
Close(Listing day):
22.00 CNY
Diluted P/E ratio after IPO:
71.0100
Turnover rate(listing day):
86.34%

Financials for Jiangsu Fengdong Thermal Technology Co.,Ltd.

UPDATE:2012-10-26 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)
42.0469
48.5487
33.494
38.7343
Net Profit Growth(%)
17.62
44.94
-13.52
86.02
Return On Equity(ROE)(%)
6.83
8.24
5.89
23.51
Debt ratio(%)
24.42
25.49
29.90
50.48
Net Operating Cash Flow/Net Profit(%)
9.71
24.42
183.23
67.68

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)
0.1570
0.3620
0.3350
0.3870
Diluted Earnings Per Share
0.0000
0.3550
0.3300
0.2260
Net Asset Value Per Share (NAVPS)
2.3000
4.3990
4.2440
1.6500
Additional Paid-In Capital Per Share
0.7816
2.5632
2.5706
0.0796
Retained Earnings Per Share
0.4660
0.7383
0.6128
0.5096
Net Cash Flow From Operatings Activities Per Share
0.0152
0.0880
0.4580
0.2600
Net Cash Flow Per Share
-0.1086
-0.9612
2.7439
0.1480

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)
845.0622
822.9138
860.5705
394.0533
Total Liabilities(Million)
206.3887
209.7801
257.3258
198.9554
Current Liabilities(Million)
197.0782
199.9599
217.176
158.9311
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
256.2861
285.3817
414.1792
46.5
Accounts Receivables(Million)
91.0288
74.2214
60.6319
49.5337
Deposit Received(Million)
92.0129
111.732
101.798
53.7695
Other Receivables(Million)
4.7994
4.1575
3.9677
4.0064
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
615.4786
589.5116
568.7533
164.7619
Debt ratio(%)
24.42
25.49
29.90
50.48
Equity Ratio(%)
72.8300
71.6300
66.0900
41.8100
Current Ratio
2.7195
2.7960
2.8518
1.2698
Quick Ratio
1.9293
1.9574
2.3487
0.7970

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)
217.5932
410.7487
352.3015
213.7356
Net Cash Flow From Operatings Activities(Million)
4.0826
11.8552
61.3698
26.2137
Net Cash Flow From Operatings Activities Change(%)
126.71
-80.68
134.11
1615.05
Net Cash Flow(Million)
-29.0956
-128.7975
367.6792
14.8042
Cash From Selling Commodities/Prime Revenue(%)
82.04
128.45
118.88
97.31
Net Cash Flow/Net Profit(%)
-69.20
-265.30
1097.75
38.22
Cash Flow From Investing Activities(Million)
-46.6024
-51.9687
-35.5671
-6.6316
Cash Flow From Financing Activities(Million)
13.4243
-88.7235
341.9741
-4.9001

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)
265.217
319.7732
296.348
219.653
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
11.1007
14.1917
9.1189
7.3206
Administrative Costs(Million)
31.4553
40.0498
29.6605
24.7706
Financing Costs(Million)
-3.6854
-1.7498
5.6389
5.2275
Above Three Costs Change(%)
6.37
18.18
19.02
6.57
Operating Profit(Million)
49.3736
60.9542
47.9102
29.5149
Income From Investment(Million)
6.0422
11.5392
4.8416
3.5601
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.6913
1.3216
0.905
19.3512
Total Profit(Million)
51.0649
62.2758
48.8152
48.8661
Corporate Income Tax(Million)
8.4257
11.1336
9.1108
7.9942
Net Profit(Million)
42.0469
48.5487
33.494
38.7343
Gross Profit Ratio(%)
31.82
32.62
30.10
29.19
Operating Margin(%)
18.61
19.06
16.16
13.43
Return On Equity(ROE)(%)
6.83
8.24
5.89
23.51

Announcements for Jiangsu Fengdong Thermal Technology Co.,Ltd.

Date: 2012-07-31
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 30 July 2012, during which the following proposal(s) was/were approved:
1. Plan on the shareholders' return for the next three years from 2012 to 2014
3. Supplementary amendments to the Company's articles of association
4. Amendments to the Company's rules of procedures governing the board meeting
5. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
6. Profit distribution management system
7. Amendments to investment management system

The following proposal(s) was/were vetoed:
2. Amendments to the Company's articles of association
Date: 2012-07-19
Title: EGM CHANGE
Further to our previous message on 10 July 2012 about the Company's 1st Extraordinary General Meeting of 2012, the Company announced on 19 July 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) Meeting Date:20120730 09:30:00

Other information remains unchanged.
Date: 2012-07-10
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 26 July 2012.

Meeting agenda:
1. Plan on the shareholders' return for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
3. Amendments to the Company's rules of procedures governing the board meeting
4. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
5. Profit distribution management system
6. Amendments to investment management system

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 19 July 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: 24 July 2012
Date: 2012-06-27
Title: RESTRICTED SHARE LISTING
Among the Company's 74540000 restricted shares to be unlocked on 02 July 2012, 74540000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-03-26
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 29 March 2012
Ex-date: 30 March 2012
Payment date: 30 March 2012
Listing date of the bonus issues: 30 March 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: CNY0.12000000(10 percent x CNY1.20000000)
Net cash dividend/10 shares after tax: CNY1.08000000(CNY1.20000000- CNY0.12000000)
Date: 2012-03-22
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 21 March 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 summary
4. 2011 financial resolution report
5. 2011 profit distribution preplan
6. 2012 financial budget report
7. Special report on the deposit and use of raised funds in 2011
8. 2011 internal control self evaluation report
9. 2012 estimated continuing connected transactions
10. Re-appointment of audit firm
11. Increase in the Company's registered capital
12. Amendments to the Company's articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.00.
Date: 2012-02-29
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 29 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-02-29
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 21 March 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 summary
4. 2011 financial resolution report
5. 2011 profit distribution preplan
6. 2012 financial budget report
7. Special report on the deposit and use of raised funds in 2011
8. 2011 internal control self evaluation report
9. 2012 estimated continuing connected transactions
10. Re-appointment of audit firm
11. Increase in the Company's registered capital
12. Amendments to the Company's articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 19 March 2012
Date: 2011-12-28
Title: RESTRICTED SHARE LISTING
Among the Company's 10950000 restricted shares to be unlocked on 04 January 2012, 10950000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2011-05-06
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY2.000000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): NONE


RECORD DATE: 12MAY11
EX-DATE: 13MAY11
PAYMENT DATE: 13MAY11

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: CNY0.200000(10 PERCENT X CNY2.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY1.800000(CNY2.000000- CNY0.200000)