Jiangsu Rainbow Heavy Industries Co.,Ltd.



Quote for Jiangsu Rainbow Heavy Industries Co.,Ltd.

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Symbol/Code:
002483
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002483 quote

Summary for Jiangsu Rainbow Heavy Industries Co.,Ltd.

Jiangsu Rainbow Heavy Industries Co., Ltd. is principally engaged in the design, manufacture, distribution and services of lifting equipment, ships and accessory equipment, marine engineering equipment and three-dimensional parking equipment. The Company primarily provides hatch covers, deck cranes, container bridge cranes, lifting equipment, marine engineering equipment and three-dimensional parking equipment, among others. The Company distributes its products in both domestic and overseas markets.

Profile for Jiangsu Rainbow Heavy Industries Co.,Ltd.

Full Name:Jiangsu Rainbow Heavy Industries Co.,Ltd.
Full Name in Chinese:江苏润邦重工股份有限公司 Short Name in Chinese:润邦股份
Symbol/Stock Code:
002483
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Jian
Secretary of the Board:
Xie Guixing
Phone:
+86-513-80100206
Fax:
+86-513-80100206
Official Website:www.rainbowgroup.com.cn
E-mail:irm@jiangsurhi.com
Address:No. 9 Zhenxing West Road,Economic and Technological Devel,Nantong JNG 226010
IPO Subscription Date:
2010-09-15
Listing Date:
2010-09-29
IPO Issued Capital:
50000000
IPO Price:
29 CNY
IPO fees:
62719800 CNY
Money Raised by IPO:
1450000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1387280200 CNY
Open(Listing day):
29.00 CNY
Close(Listing day):
28.10 CNY
Diluted P/E ratio after IPO:
41.6700
Turnover rate(listing day):
34.18%

Financials for Jiangsu Rainbow Heavy Industries 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)
45.4245
199.3964
183.7997
149.6006
Net Profit Growth(%)
-63.55
8.48
22.86
77.78
Return On Equity(ROE)(%)
2.24
9.85
10.08
59.15
Debt ratio(%)
28.79
21.29
20.27
66.01
Net Operating Cash Flow/Net Profit(%)
15.22
2.93
42.56
157.38

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
0.5500
0.6300
1.0000
Diluted Earnings Per Share
0.0000
0.5500
0.5600
0.9300
Net Asset Value Per Share (NAVPS)
5.6300
5.6200
9.1200
1.6900
Additional Paid-In Capital Per Share
3.5130
3.5130
7.1233
0.5826
Retained Earnings Per Share
1.0668
1.0607
0.9434
0.1008
Net Cash Flow From Operatings Activities Per Share
0.0200
0.0200
0.3900
1.5700
Net Cash Flow Per Share
-0.6985
-0.8632
6.1363
0.2258

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)
3201.5764
2574.1168
2287.9145
744.1356
Total Liabilities(Million)
921.9548
548.191
463.9129
491.2139
Current Liabilities(Million)
899.6611
540.2639
462.8355
491.2045
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
796.2643
1048.7496
1360.3806
132.9332
Accounts Receivables(Million)
123.2876
133.5688
57.2298
8.9295
Deposit Received(Million)
401.6612
161.0959
207.4704
187.3409
Other Receivables(Million)
15.2707
14.6132
14.4573
3.4597
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2025.6225
2023.398
1824.0016
252.9217
Debt ratio(%)
28.79
21.29
20.27
66.01
Equity Ratio(%)
63.2600
78.6000
79.7200
33.9800
Current Ratio
2.3159
3.4243
4.1866
0.9313
Quick Ratio
1.2480
2.4032
3.3597
0.3554

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)
900.1972
1159.7325
909.4418
751.0721
Net Cash Flow From Operatings Activities(Million)
6.9156
5.8484
78.2239
235.4371
Net Cash Flow From Operatings Activities Change(%)
-80.25
-92.52
-66.78
58.41
Net Cash Flow(Million)
-251.4649
-310.7611
1227.2599
33.8671
Cash From Selling Commodities/Prime Revenue(%)
86.22
64.98
69.58
67.57
Net Cash Flow/Net Profit(%)
-553.59
-155.85
667.72
22.64
Cash Flow From Investing Activities(Million)
-522.3962
-314.3497
-85.4987
-140.5866
Cash Flow From Financing Activities(Million)
259.529
1.6138
1236.588
-52.8837

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)
1044.0713
1784.6867
1306.9827
1111.517
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
25.959
43.4461
51.9704
31.1179
Administrative Costs(Million)
127.1198
144.9446
74.8126
62.2574
Financing Costs(Million)
-17.9548
-26.3371
-9.9655
16.2778
Above Three Costs Change(%)
52.80
38.72
6.53
50.87
Operating Profit(Million)
56.7811
244.8352
221.4298
181.0611
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.028
1.2933
23.949
3.227
Total Profit(Million)
59.8091
246.1285
245.3788
184.2881
Corporate Income Tax(Million)
16.7485
46.6544
61.5791
25.8888
Net Profit(Million)
45.4245
199.3964
183.7997
149.6006
Gross Profit Ratio(%)
19.14
23.39
26.22
25.71
Operating Margin(%)
5.43
13.71
16.94
16.28
Return On Equity(ROE)(%)
2.24
9.85
10.08
59.15

Announcements for Jiangsu Rainbow Heavy Industries Co.,Ltd.

Date: 2012-10-30
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 27 October 2012, during which the following proposal(s) was/were approved:
1. Re-election of directors (cumulative voting system is applicable)
1.1. Election of non-independent directors
1.1.1. Election of Wu Jian as non-independent director
1.1.2. Election of Shi Xiaoyue as non-independent director
1.1.3. Election of Sha Mingjun as non-independent director
1.1.4. Election of Xiao Feng as non-independent director
1.1.5. Election of Wu Yun as non-independent director
1.1.6. Election of Xie Guixing as non-independent director
1.2. Election of independent directors
1.2.1. Election of Xu Shengrui as independent director
1.2.2. Election of Ni Shoubin as independent director
1.2.3. Election of Wu Mingfang as independent director
2. Re-election of supervisors (cumulative voting system is applicable)
2.1. Election of Tang Min as shareholder representative supervisor
2.2. Election of Xu Yonghua as shareholder representative supervisor
3. Amendments to work system for independent directors
4. Adjustment to allowance for independent directors
5. Guarantee for wholly-owned subsidiaries
6. Amendments to the mandate management system
Date: 2012-10-08
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 15:00 on 27 October 2012.

Meeting agenda:
1. Re-election of directors (cumulative voting system is applicable)
1.1. Election of non-independent directors
1.1.1. Election of Wu Jian as non-independent director
1.1.2. Election of Shi Xiaoyue as non-independent director
1.1.3. Election of Sha Mingjun as non-independent director
1.1.4. Election of Xiao Feng as non-independent director
1.1.5. Election of Wu Yun as non-independent director
1.1.6. Election of Xie Guixing as non-independent director
1.2. Election of independent directors
1.2.1. Election of Xu Shengrui as independent director
1.2.2. Election of Ni Shoubin as independent director
1.2.3. Election of Wu Mingfang as independent director
2. Re-election of supervisors (cumulative voting system is applicable)
2.1. Election of Tang Min as shareholder representative supervisor
2.2. Election of Xu Yonghua as shareholder representative supervisor
3. Amendments to work system for independent directors
4. Adjustment to allowance for independent directors
5. Guarantee for wholly-owned subsidiaries
6. Amendments to the mandate management system


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 24 October 2012
Date: 2012-08-17
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 16 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
Date: 2012-07-31
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 10:00 on 16 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 15 August 2012
Date: 2012-06-07
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
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): none


Record date: 13 June 2012
Ex-date: 14 June 2012
Payment date: 14 June 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: 2012-05-23
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 10:00 on 08 June 2012.

Meeting agenda:
1. Investment in the construction of a project

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 04 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: 06 June 2012
Date: 2012-04-10
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 10 April 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):none.
Date: 2012-04-10
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 11 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 summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. 2011 remuneration scheme for directors and supervisors
7. 2012 continuing connected transactions estimate
8. Guarantee for subsidiaries
9. Application for credit line to banks
10. Amendments to the management system for authorization
11. Reappointment of audit firm
12. Adjustment to the completion time for some projects invested with raised funds and change of the use of partial raised funds
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): none

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: 09 May 2012
Date: 2012-02-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 27 February 2012, during which the following proposal(s) was/were approved:
1. Provision of external guarantee.
Date: 2011-11-15
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2011 at 10:00 on 02 December 2011.

Meeting agenda:
1. Guarantee for the controlled subsidiary
2. Amendments to the Company's rules of procedures governing the general meeting of shareholders
3. The accumulative voting system
4. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 28 November 2011 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: 30 November 2011