Kemen Noodle Manufacturing Co., Ltd



Quote for Kemen Noodle Manufacturing Co., Ltd

Last Trade:
-
Change:
--
Symbol/Code:
002661
Status:
-
Stock Type:
A Share
Market Cap:
-
Open:
-
Prev Close:
-
Bid:
-
Ask:
-
Volume(*100):
-
Amount:
-
Limit Up:
-
Limit Down:
-
Day's Range:
-
P/E(ttm):
-
P/B ratio
-
Update:-
Currency in CNY Time=UTC+8002661 quote

Summary for Kemen Noodle Manufacturing Co., Ltd

Kemen Noodle Manufacturing Co., Ltd. is principally engaged in the production and distribution of high and mid end noodles. The Company's noodle products mainly include Qiangli series, Gaojin series, Nutrition series, Kid series and gift series, among others. The Company distributes its products mainly under the brand name of Chenkeming.

Profile for Kemen Noodle Manufacturing Co., Ltd

Full Name:Kemen Noodle Manufacturing Co., Ltd
Full Name in Chinese:克明面业股份有限公司 Short Name in Chinese:克明面业
Symbol/Stock Code:
002661
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Chen Keming
Secretary of the Board:
Yang Zhongming
Phone:
+86-737-5213069
Fax:
+86-737-5212556
Official Website:www.kemen.net.cn
E-mail:kemen@kemen.net.cn
Address:No. 1,,Industry Park, Xingsheng Avenu,YIYANG HUN 413200
IPO Subscription Date:
2012-03-05
Listing Date:
2012-03-16
IPO Issued Capital:
20770000
IPO Price:
21 CNY
IPO fees:
34609200 CNY
Money Raised by IPO:
436170000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
401560800 CNY
Open(Listing day):
34.10 CNY
Close(Listing day):
27.00 CNY
Diluted P/E ratio after IPO:
28.7700
Turnover rate(listing day):
32.53%

Financials for Kemen Noodle Manufacturing Co., Ltd

UPDATE:2012-10-21 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)
62.84
65.7202
51.1479
32.9716
Net Profit Growth(%)
35.37
28.49
55.12
-
Return On Equity(ROE)(%)
9.69
29.08
31.92
28.65
Debt ratio(%)
25.89
48.99
55.48
66.42
Net Operating Cash Flow/Net Profit(%)
89.78
116.27
206.72
83.91

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)
0.8300
1.0500
0.8400
0.5500
Diluted Earnings Per Share
0.0000
0.9800
0.7600
0.4800
Net Asset Value Per Share (NAVPS)
7.8100
3.6300
2.5700
1.9200
Additional Paid-In Capital Per Share
4.6532
0.0931
0.0931
0.0352
Retained Earnings Per Share
1.9957
2.3190
1.3366
0.8036
Net Cash Flow From Operatings Activities Per Share
0.6800
1.2300
1.7000
0.4600
Net Cash Flow Per Share
4.1813
0.3843
0.4723
0.4694

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)
876.499
443.0609
359.9709
342.8472
Total Liabilities(Million)
226.9523
217.0943
199.7246
227.7468
Current Liabilities(Million)
127.7523
159.8943
149.7246
130.7468
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
450.2075
102.8225
78.8746
49.4483
Accounts Receivables(Million)
57.8651
34.7069
29.0341
39.2129
Deposit Received(Million)
3.0476
21.9067
14.5307
10.8841
Other Receivables(Million)
1.1682
0.5235
0.2493
6.8906
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
648.8273
225.9665
160.2463
115.1005
Debt ratio(%)
25.89
48.99
55.48
66.42
Equity Ratio(%)
74.0200
51.0000
44.5100
33.5700
Current Ratio
4.5707
1.3979
1.2495
1.3683
Quick Ratio
4.2214
0.9814
0.8455
1.0164

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)
771.088
936.2325
743.6284
504.4293
Net Cash Flow From Operatings Activities(Million)
56.4191
76.4158
105.735
27.6666
Net Cash Flow From Operatings Activities Change(%)
44.39
-27.73
282.18
-
Net Cash Flow(Million)
347.385
23.9479
29.4263
28.1656
Cash From Selling Commodities/Prime Revenue(%)
106.19
111.12
115.24
108.11
Net Cash Flow/Net Profit(%)
552.81
36.44
57.53
85.42
Cash Flow From Investing Activities(Million)
-84.5938
-56.0656
-21.9714
-4.4192
Cash Flow From Financing Activities(Million)
375.5597
3.5978
-54.3374
4.9182

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)
726.1512
842.5592
645.3099
466.5726
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
56.0827
60.8977
66.3029
55.1274
Administrative Costs(Million)
42.1856
50.6512
31.1661
22.7155
Financing Costs(Million)
5.8529
11.916
12.9177
11.0566
Above Three Costs Change(%)
19.12
11.85
24.17
-
Operating Profit(Million)
71.5627
75.571
55.1267
35.3022
Income From Investment(Million)
0.1611
-0.1231
0.0575
-0.3215
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.9822
5.7744
7.2682
5.2234
Total Profit(Million)
77.5449
81.3454
62.3949
40.5256
Corporate Income Tax(Million)
14.8855
15.6253
11.247
7.2728
Net Profit(Million)
62.84
65.7202
51.1479
32.9716
Gross Profit Ratio(%)
24.58
23.93
25.84
27.34
Operating Margin(%)
9.85
8.96
8.54
7.56
Return On Equity(ROE)(%)
9.69
29.08
31.92
28.65

Announcements for Kemen Noodle Manufacturing Co., Ltd

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 27 August 2012, during which the following proposal(s) was/were approved:
1. Investment in setup of a company
2. Mandate to the board to handle matters in relation to financing
3. Additional investment in projects invested with raised funds with excessive raised funds
4. Capital increase to a company
5. Mandate to the board to handle matters regarding equity investment in a company
6. Amendments to the Company's articles of association
7. Amendments to the Company's rules of procedures governing the board meeting
8. Amendments to the Company's rules of procedures governing the general meeting of shareholders
9. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
10. Amendments to working rules for independent directors
11. Amendments to the external investment management system
12. Adjustment to remuneration for directors and supervisors
13. Amendments to the raised funds management system
Date: 2012-08-10
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 14:00 on 27 August 2012.

Meeting agenda:
1. Investment in setup of a company
2. Mandate to the board to handle matters in relation to financing
3. Additional investment in projects invested with raised funds with excessive raised funds
4. Capital increase to a company
5. Mandate to the board to handle matters regarding equity investment in a company
6. Amendments to the Company's articles of association
7. Amendments to the Company's rules of procedures governing the board meeting
8. Amendments to the Company's rules of procedures governing the general meeting of shareholders
9. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
10. Amendments to working rules for independent directors
11. Amendments to the external investment management system
12. Adjustment to remuneration for directors and supervisors
13. Amendments to the raised funds management system


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 22 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 24 August 2012
Date: 2012-06-14
Title: PLACING SHARE LISTING
The Company's 4.12 million A-shares placed to the institutional investors through offline placement will reach the 3-month lock-up period and be listed on the Shenzhen Stock Exchange as of 18 June 2012.
Date: 2012-04-18
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY5.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 23 April 2012
Ex-date: 24 April 2012
Payment date: 24 April 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: CNY0.50000000(10 percent x CNY5.00000000)
Net cash dividend/10 shares after tax: CNY4.50000000(CNY5.00000000- CNY0.50000000)
Date: 2012-03-29
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 29 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY5.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-03-29
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:00 on 13 April 2012.

Meeting agenda:
1. 2011 profit distribution plan: CNY5 cash dividend per 10 shares (tax included)
2. Change of business scope
3. Amendments to the Company's articles of association
4. Capital increase in a company
5. Investment in setup of a company

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 11 April 2012
Date: 2012-03-15
Title: IPO SHARE LISTING
The Company issued a total of 20.77 million shares (code:002661) in its initial public offering. Of the shares,16.65 million shares will be listed on the Shenzhen Stock Exchange on 16 March 2012 while the remainder will become tradable three months later.
Date: 2012-03-02
Title: IPO-ONLINE SUBSCRIPTION
Kemen Noodle Manufacturing Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 20.770000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002661
3. Stock abbreviation: Kemen Noodle
4. Issuing volume: 20.770000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 4.120000 million shares
9. Online offering volume: 16.650000 million shares
10. Price: CNY21.00 per share
11. Offline subscription period: 05 March 2012
12. Online subscription date: 05 March 2012.
Date: 2012-02-23
Title: IPO
Kemen Noodle Manufacturing Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 20.7700 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 20.7700 million shares
3.Par value: CNY1.00 per share
4.Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
5.Targeted listing bourse: Shenzhen Stock Exchange
6.Offline placement volume: 4.1200 million shares
7.Online offering volume:16.6500 million shares
8.IPO price inquiry period: from 24 February 2012 to 29 February 2012
9.IPO price determined: 02 March 2012
10.Offline subscription date:05 March 2012
11.Online subscription date: 05 March 2012
12.Expected listing date:N/A.