Jiangyin Zhongnan Heavy Industries Co., Ltd.



Quote for Jiangyin Zhongnan Heavy Industries Co., Ltd.

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Symbol/Code:
002445
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002445 quote

Summary for Jiangyin Zhongnan Heavy Industries Co., Ltd.

Jiangyin Zhongnan Heavy Industries Co., Ltd. is principally engaged in the research, development, manufacture and distribution of industrial metal pipe fittings. The Company provides products of carbon steel, stainless steel, composite materials and specialty materials, including pipes, flanges, pipe fittings and pressure containers, among others. Its products are applied primarily in industries such as ship, petrochemical, natural gas and electric power, among others. The Company distributes its products in domestic and overseas markets.

Profile for Jiangyin Zhongnan Heavy Industries Co., Ltd.

Full Name:Jiangyin Zhongnan Heavy Industries Co., Ltd.
Full Name in Chinese:江阴中南重工股份有限公司 Short Name in Chinese:中南重工
Symbol/Stock Code:
002445
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Chen Shaozhong
Secretary of the Board:
Gao Lixin
Phone:
+86-510-86996882
Fax:
+86-510-86993300
Official Website:www.znhi.com.cn
E-mail:jngy@jngy.cn
Address:No. 788,High-Tech Develop. Park, Jiang,WUXI JNG 214437
IPO Subscription Date:
2010-06-30
Listing Date:
2010-07-13
IPO Issued Capital:
31000000
IPO Price:
18.8 CNY
IPO fees:
35318000 CNY
Money Raised by IPO:
582800000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
547482000 CNY
Open(Listing day):
18.94 CNY
Close(Listing day):
20.15 CNY
Diluted P/E ratio after IPO:
34.1800
Turnover rate(listing day):
74.86%

Financials for Jiangyin Zhongnan Heavy Industries 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)
59.8838
69.7602
49.0217
67.0568
Net Profit Growth(%)
1.30
42.30
-26.89
2.40
Return On Equity(ROE)(%)
6.31
7.63
5.64
25.46
Debt ratio(%)
53.13
49.54
22.19
49.09
Net Operating Cash Flow/Net Profit(%)
7.15
-111.71
14.60
49.67

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)
0.2400
0.2800
0.2300
0.7300
Diluted Earnings Per Share
0.0000
0.2800
0.2300
0.7300
Net Asset Value Per Share (NAVPS)
3.7600
3.6200
4.0400
2.8600
Additional Paid-In Capital Per Share
1.7225
1.7225
2.2346
0.4152
Retained Earnings Per Share
0.9467
0.8092
0.6519
1.3047
Net Cash Flow From Operatings Activities Per Share
0.0200
-0.3100
0.0300
0.3600
Net Cash Flow Per Share
-0.3770
-0.1613
1.5542
-0.3397

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)
2051.2944
1833.7419
1128.7373
534.9722
Total Liabilities(Million)
1089.9291
908.751
250.5716
262.6404
Current Liabilities(Million)
1089.9291
908.751
250.5716
262.6404
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
552.8175
638.9156
512.0976
101.0428
Accounts Receivables(Million)
303.7826
293.4317
185.964
201.8196
Deposit Received(Million)
60.2575
72.9497
29.317
23.4886
Other Receivables(Million)
25.3988
22.6959
9.8998
3.4989
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
948.5433
913.8745
868.7143
263.4217
Debt ratio(%)
53.13
49.54
22.19
49.09
Equity Ratio(%)
46.2400
49.8200
76.9600
49.2400
Current Ratio
1.5921
1.7399
3.9480
1.6129
Quick Ratio
1.2916
1.3730
3.3318
1.3248

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)
522.6821
572.8233
435.5277
406.3997
Net Cash Flow From Operatings Activities(Million)
4.2795
-77.9282
7.1559
33.3095
Net Cash Flow From Operatings Activities Change(%)
-94.73
-1189.00
-78.52
125.04
Net Cash Flow(Million)
-95.05
-40.6816
391.8937
-31.2521
Cash From Selling Commodities/Prime Revenue(%)
100.13
92.43
108.57
91.72
Net Cash Flow/Net Profit(%)
-158.72
-58.32
799.43
-46.61
Cash Flow From Investing Activities(Million)
-181.4706
-184.309
-90.809
-8.053
Cash Flow From Financing Activities(Million)
82.1411
221.5555
475.5468
-56.5086

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)
522.0054
619.7433
401.1451
443.1025
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
26.2531
28.6546
15.284
15.2509
Administrative Costs(Million)
38.8157
47.6083
39.7152
20.3215
Financing Costs(Million)
6.6784
6.0829
2.3587
7.0145
Above Three Costs Change(%)
36.97
43.57
34.68
10.82
Operating Profit(Million)
70.6515
84.9349
58.9606
80.2955
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.7035
-0.4023
-0.4621
0.0085
Total Profit(Million)
71.355
84.5326
58.4985
80.304
Corporate Income Tax(Million)
9.7657
13.1074
8.9355
12.7121
Net Profit(Million)
59.8838
69.7602
49.0217
67.0568
Gross Profit Ratio(%)
28.34
27.94
29.31
28.50
Operating Margin(%)
13.53
13.70
14.69
18.12
Return On Equity(ROE)(%)
6.31
7.63
5.64
25.46

Announcements for Jiangyin Zhongnan Heavy Industries Co., Ltd.

Date: 2012-08-31
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 30 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
Date: 2012-08-14
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 30 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 23 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: from 24 August 2012 to 29 August 2012
Date: 2012-06-21
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 20 June 2012, during which the following proposal(s) was/were approved:
1. Investment in the construction of a project
2. Issue of short-term financial bills.
Date: 2012-06-05
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 20 June 2012.

Meeting agenda:
1. Investment in the construction of a project
2. Issue of short-term financial bills

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 19 June 2012
Date: 2012-05-22
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
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): none


Record date: 28 May 2012
Ex-date: 29 May 2012
Payment date: 29 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: 2012-03-30
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 29 March 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors and work report of independent directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution preplan
5. 2011 internal control self evaluation report
6. 2011 annual report
7. Re-appointment of 2012 external audit firm
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): none.
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): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-02-29
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 29 March 2012.

Meeting agenda:
1. 2011 work report of the board of directors and work report of independent directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution preplan
5. 2011 internal control self evaluation report
6. 2011 annual report
7. Re-appointment of 2012 external audit firm
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): none

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 22 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: 28 March 2012
Date: 2011-08-10
Title: BONUS ISSUE IMPLEMENTATION
2011 interim distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.5000

Record date: 15 August 2011
Ex-date: 16 August 2011
Payment date: 16 August 2011
Listing date of the bonus issues: 16 August 2011.
Date: 2011-08-09
Title: EGM RESOLUTION
The Company held its 3rd EGM of 2011 on 06 August 2011, during which the following proposal(s) was/were approved:
1. 2011 interim profit distribution plan: 1) Cash dividend/10 shares (tax included): CNY0.0000 2) Bonus issue from profit (share/10 shares): none 3) Bonus issue from capital reserve (share/10 shares): 10.50
2. Change of registered capital
3. Amended articles of association.