Jiangsu Shentong Valve Co.,Ltd.



Quote for Jiangsu Shentong Valve Co.,Ltd.

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Symbol/Code:
002438
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002438 quote

Summary for Jiangsu Shentong Valve Co.,Ltd.

Jiangsu Shentong Valve Co., Ltd. is principally engaged in the research, development, manufacture and distribution of industrial valves. The Company provides nuclear safety class ball valves, nuclear safety class butterfly valves, non nuclear safety class ball valves and non nuclear safety class butterfly valves, which are applied in nuclear power plants, as well as specialty valves, such as blind valves, pressure regulating valves, check valves, three-way valves, bypass valves, recovery valves, manifold valves and safety valves, among others, which are applied in metallurgical industry, such as fully dry dusting of large blast furnaces, converter gas recovery and dusting systems, coke oven gas dusting systems and coal gas pipeline systems. It distributes its products mainly in domestic markets.

Profile for Jiangsu Shentong Valve Co.,Ltd.

Full Name:Jiangsu Shentong Valve Co.,Ltd.
Full Name in Chinese:江苏神通阀门股份有限公司 Short Name in Chinese:江苏神通
Symbol/Stock Code:
002438
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Jianxin
Secretary of the Board:
Zhang Qiqiang
Phone:
+86-513-83335899
Fax:
+86-513-83335998
Official Website:www.stfm.cn
E-mail:zhangqq@stfm.cn
Address:NanYang Industrial Area, Qidong,Nanyang Industrial Zone, Qidong ,NANTONG JNG 226232
IPO Subscription Date:
2010-06-07
Listing Date:
2010-06-23
IPO Issued Capital:
26000000
IPO Price:
22 CNY
IPO fees:
39267000 CNY
Money Raised by IPO:
572000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
532733000 CNY
Open(Listing day):
29.01 CNY
Close(Listing day):
30.37 CNY
Diluted P/E ratio after IPO:
59.4600
Turnover rate(listing day):
87.09%

Financials for Jiangsu Shentong Valve Co.,Ltd.

UPDATE:2012-10-23 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)
44.5219
50.8667
44.1027
41.0112
Net Profit Growth(%)
20.65
15.33
7.53
21.88
Return On Equity(ROE)(%)
5.44
6.49
5.93
23.99
Debt ratio(%)
26.26
28.44
18.27
54.60
Net Operating Cash Flow/Net Profit(%)
-185.17
66.59
-77.50
87.74

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)
0.2100
0.4900
0.4800
0.5300
Diluted Earnings Per Share
0.0000
0.4600
0.4500
0.5000
Net Asset Value Per Share (NAVPS)
3.9300
7.5400
7.1500
2.1900
Additional Paid-In Capital Per Share
1.9580
4.9160
4.9160
0.0098
Retained Earnings Per Share
0.8828
1.4375
1.0971
1.0539
Net Cash Flow From Operatings Activities Per Share
-0.4000
0.3300
-0.3300
0.4600
Net Cash Flow Per Share
-0.6031
-0.7974
4.1854
0.2065

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)
1109.8543
1095.993
910.0928
376.6095
Total Liabilities(Million)
291.5043
311.7649
166.3313
205.6438
Current Liabilities(Million)
237.5212
264.3713
128.0343
173.4923
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
297.4783
424.8474
503.9602
72.6887
Accounts Receivables(Million)
274.8168
223.6727
161.6683
129.9768
Deposit Received(Million)
56.1882
65.3532
25.1691
49.1501
Other Receivables(Million)
7.6851
4.0862
2.4489
1.724
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
818.35
784.2281
743.7614
170.9657
Debt ratio(%)
26.26
28.44
18.27
54.60
Equity Ratio(%)
73.7300
71.5500
81.7200
45.3900
Current Ratio
3.6177
3.3658
6.1994
1.6272
Quick Ratio
2.7410
2.7625
5.4854
1.3268

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)
279.3521
406.1951
294.333
299.2473
Net Cash Flow From Operatings Activities(Million)
-82.4431
33.8731
-34.1783
35.9844
Net Cash Flow From Operatings Activities Change(%)
-1955.52
-199.11
-194.98
49.70
Net Cash Flow(Million)
-125.4479
-82.9258
435.2863
16.1052
Cash From Selling Commodities/Prime Revenue(%)
88.68
107.54
97.56
104.50
Net Cash Flow/Net Profit(%)
-281.77
-163.03
986.98
39.27
Cash Flow From Investing Activities(Million)
-32.4034
-105.7581
-20.9023
-13.2283
Cash Flow From Financing Activities(Million)
-10.6268
-10.9665
490.4621
-6.5897

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)
314.9966
377.7155
301.7055
286.3717
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
36.922
45.7782
38.1113
33.0671
Administrative Costs(Million)
38.0902
45.645
38.0932
31.0595
Financing Costs(Million)
-6.6335
-6.9458
-3.1147
1.8538
Above Three Costs Change(%)
17.60
15.58
10.78
-5.29
Operating Profit(Million)
50.8293
56.6372
49.1545
45.746
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.5442
3.6243
4.0588
2.7625
Total Profit(Million)
52.3735
60.2614
53.2133
48.5084
Corporate Income Tax(Million)
7.8516
9.3947
9.1106
7.4972
Net Profit(Million)
44.5219
50.8667
44.1027
41.0112
Gross Profit Ratio(%)
40.12
39.18
42.21
39.94
Operating Margin(%)
16.13
14.99
16.29
15.97
Return On Equity(ROE)(%)
5.44
6.49
5.93
23.99

Announcements for Jiangsu Shentong Valve Co.,Ltd.

Date: 2012-10-24
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 09:00 on 09 November 2012.

Meeting agenda:
1. To absorb and merge a wholly-owned subsidiary and change of the implementing party of a project invested with raised fund


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 05 November 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 07 November 2012 to 07 November 2012
Date: 2012-08-10
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 09 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-07-24
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 09 August 2012.

Meeting agenda:
1 Amendments to the Company's articles of association
2 Plan on the shareholders' return for the next three years from 2012 to 2014


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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: 07 August 2012
Date: 2012-06-12
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 10 June 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Application for comprehensive credit line to a bank.
Date: 2012-05-25
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:00 on 10 June 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Application for comprehensive credit line to a bank

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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: 08 June 2012
Date: 2012-05-08
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 07 May 2012, during which the following proposal(s) was/were approved:
1. To permanently replenish working capital with surplus funds from projects invested with raised funds.
Date: 2012-05-02
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): 10.0000


Record date: 09 May 2012
Ex-date: 10 May 2012
Payment date: 10 May 2012
Listing date of the bonus issues: 10 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-04-06
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 02 April 2012, during which the following proposal(s) was/were approved:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Nomination of Song Yinli as independent director
8. Amendments to the Company's articles of association
9. Amendments to system for independent directors
10. Reappointment of 2012 audit firm
11. 2012 remuneration scheme for the chairman of the board of directors
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): 10.00.
Date: 2012-03-13
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 13 March 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):10.0000.
Date: 2012-03-13
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 02 April 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Nomination of Song Yinli as independent director
8. Amendments to the Company's articles of association
9. Amendments to system for independent directors
10. Reappointment of 2012 audit firm
11. 2012 remuneration scheme for the chairman of the board of directors
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): 10.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 28 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: 30 March 2012