Jiangsu Yoke Technology Co.,Ltd.



Quote for Jiangsu Yoke Technology Co.,Ltd.

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Symbol/Code:
002409
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002409 quote

Summary for Jiangsu Yoke Technology Co.,Ltd.

Jiangsu Yoke Technology Co., Ltd is principally engaged in the research, development, production and sale of organic phosphate flame retardants and other rubber and plastic aids. The Company primarily offers organic phosphate flame retardants, including tris (clorisopropyl) phosphate (TCPP), tris (1,3-dichloro-2-propyl) phosphate (TDCP), YOKE V6 and bis (diphenyl phosphate) (BDP), as well as catalytic agents, including Yoke T-9. The Company's flame retardants are mainly applied in chemical materials, such as soft and hard urethane foam, polyvinyl chloride, polyvinyl acetate, phenolic resin and epoxide resin, as well as carpets, raincoats, textile products and rubber products. The Company distributes its products within domestic markets and to overseas markets, including Europe, Asia Pacific Region and the United States.

Profile for Jiangsu Yoke Technology Co.,Ltd.

Full Name:Jiangsu Yoke Technology Co.,Ltd.
Full Name in Chinese:江苏雅克科技股份有限公司 Short Name in Chinese:雅克科技
Symbol/Stock Code:
002409
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Shen Qi
Secretary of the Board:
Qian Meifang
Phone:
+86-510-87126509
Fax:
+86-510-87126509
Official Website:www.yokechem.com
E-mail:ir@yokechem.com
Address:Jingxi North Road,Yixing Economic Development Zo,WUXI JNG 214203
IPO Subscription Date:
2010-05-11
Listing Date:
2010-05-25
IPO Issued Capital:
28000000
IPO Price:
30 CNY
IPO fees:
54328100 CNY
Money Raised by IPO:
840000000 CNY
IPO Par Value:
0.10 CNY
Net Money Raised:
785671900 CNY
Open(Listing day):
30.56 CNY
Close(Listing day):
32.65 CNY
Diluted P/E ratio after IPO:
46.8800
Turnover rate(listing day):
67.50%

Financials for Jiangsu Yoke 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)
65.3566
72.6717
66.9053
71.6183
Net Profit Growth(%)
10.59
8.61
-6.58
50.59
Return On Equity(ROE)(%)
5.56
6.43
6.18
32.12
Debt ratio(%)
9.38
12.89
11.26
40.11
Net Operating Cash Flow/Net Profit(%)
36.34
122.14
-52.02
138.52

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)
0.3930
0.6554
0.6744
0.8641
Diluted Earnings Per Share
0.0000
0.6376
0.6657
0.8515
Net Asset Value Per Share (NAVPS)
7.0700
10.1914
9.7700
2.6900
Additional Paid-In Capital Per Share
4.5181
7.2771
7.2771
0.4901
Retained Earnings Per Share
1.4226
1.7444
1.3443
1.0541
Net Cash Flow From Operatings Activities Per Share
0.1428
0.8005
-0.3139
1.1970
Net Cash Flow Per Share
-0.2340
-0.2668
5.7567
0.0516

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)
1297.1205
1297.3607
1220.8591
372.3145
Total Liabilities(Million)
121.6976
167.3424
137.5606
149.367
Current Liabilities(Million)
121.6976
167.3424
137.5606
149.367
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
642.2986
748.5536
735.6718
73.6867
Accounts Receivables(Million)
162.9897
131.065
101.9222
46.105
Deposit Received(Million)
2.1815
2.3765
2.0229
6.5684
Other Receivables(Million)
5.2768
3.3455
1.8472
0.7896
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1175.4229
1130.0183
1083.2984
222.9476
Debt ratio(%)
9.38
12.89
11.26
40.11
Equity Ratio(%)
90.6100
87.1000
88.7300
59.8800
Current Ratio
8.0726
5.9748
7.2223
1.3332
Quick Ratio
7.1317
5.4709
6.4579
0.8738

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)
805.6581
1000.1967
901.051
635.103
Net Cash Flow From Operatings Activities(Million)
23.7479
88.7595
-34.8011
99.2081
Net Cash Flow From Operatings Activities Change(%)
-824.22
-355.05
-135.08
72.21
Net Cash Flow(Million)
-38.9131
-29.5862
638.3013
4.2788
Cash From Selling Commodities/Prime Revenue(%)
103.43
99.50
100.94
111.30
Net Cash Flow/Net Profit(%)
-59.54
-40.71
954.04
5.97
Cash Flow From Investing Activities(Million)
-40.1823
-93.369
-104.1796
-41.8881
Cash Flow From Financing Activities(Million)
-22.5244
-24.9766
777.2819
-53.0411

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)
778.9519
1005.2615
892.6403
570.6463
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
18.7037
17.724
18.5472
13.0278
Administrative Costs(Million)
55.0606
60.613
47.2918
26.0081
Financing Costs(Million)
-16.5048
-13.8207
-3.9673
0.1874
Above Three Costs Change(%)
23.15
4.27
57.74
17.04
Operating Profit(Million)
76.7443
83.4844
80.1328
83.6852
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.0374
2.3592
0.9354
1.2893
Total Profit(Million)
77.7817
85.8436
81.0682
84.9744
Corporate Income Tax(Million)
12.4251
13.1719
14.1629
13.3562
Net Profit(Million)
65.3566
72.6717
66.9053
71.6183
Gross Profit Ratio(%)
17.91
15.48
16.97
22.33
Operating Margin(%)
9.85
8.30
8.97
14.66
Return On Equity(ROE)(%)
5.56
6.43
6.18
32.12

Announcements for Jiangsu Yoke Technology Co.,Ltd.

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 27 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Amendments to the Company's rules of procedures governing the general meeting of shareholders
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. Amendments to working rules for independent directors
6. Formulation of profit distribution management system
7. Shareholder return plan for the next three years from 2012 to 2014
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): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 5.0000


Record date: 07 May 2012
Ex-date: 08 May 2012
Payment date: 08 May 2012
Listing date of the bonus issues: 08 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-04-25
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 24 April 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 financial resolution report
3. 2012 financial budget report
4. 2011 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2011 work report of the supervisory committee
8. Guarantee for a wholly owned subsidiary
9. Guarantee for another wholly owned subsidiary
10. Guarantee for a third wholly owned subsidiary
11. Completion of a project and termination of partial products of another project, and to permanently replenish working capital with surplus raised funds
12. Rules of procedures governing shareholders' general meetings
13. Rules of procedures governing the board meetings
14. Rules of procedures governing meetings of the supervisory committee
15. Work rules for independent directors
16. Management measures for external guarantee
17. Decision-making system on connected transactions
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.00.
Date: 2012-03-30
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 30 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):5.0000.
Date: 2012-03-30
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 24 April 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 financial resolution report
3. 2012 financial budget report
4. 2011 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2011 work report of the supervisory committee
8. Guarantee for a wholly owned subsidiary
9. Guarantee for another wholly owned subsidiary
10. Guarantee for a third wholly owned subsidiary
11. Completion of a project and termination of partial products of another project, and to permanently replenish working capital with surplus raised funds
12. Rules of procedures governing shareholders' general meetings
13. Rules of procedures governing the board meetings
14. Rules of procedures governing meetings of the supervisory committee
15. Work rules for independent directors
16. Management measures for external guarantee
17. Decision-making system on connected transactions
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 18 April 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: 20 April 2012
Date: 2011-12-08
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2011 on 07 December 2011, during which the following proposal(s) was/were approved:
1. Election of Mr Zhu Heping as independent director
2. Election of Mr Qin Min as supervisor.
Date: 2011-11-22
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2011 at 10:00 on 07 December 2011.

Meeting agenda:
1. Election of Mr Zhu Heping as independent director
2. Election of Mr Qin Min as supervisor

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 02 December 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: 05 December 2011
Date: 2011-08-24
Title: EGM RESOLUTION
The Company held its 1st EGM of 2011 on 23 August 2011, during which the following proposal(s) was/were approved:
1. Management system on information disclosure affairs
2. Amendments to the articles of association.
Date: 2011-08-05
Title: EGM-SPOT
The Company will hold the 1st EGM OF 2011 at 10:00 on 23 August 2011.

Meeting agenda:
1. Management system on information disclosure affairs
2. Amendments to the articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 15 August 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: 19 August 2011
Date: 2011-04-21
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: 26APR11
EX-DATE: 27APR11
PAYMENT DATE: 27APR11

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)