Linzhou Heavy Machinery Group Co.,Ltd.



Quote for Linzhou Heavy Machinery Group Co.,Ltd.

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Symbol/Code:
002535
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002535 quote

Summary for Linzhou Heavy Machinery Group Co.,Ltd.

Linzhou Heavy Machinery Group Co., Ltd. is a China-based provider of coal machinery equipment. The Company primarily involves in the design, research, development, manufacture, distribution and technology services of coal integrated mining support equipment. The Company primarily offers coal mine hydraulic support series, single hydraulic support prop series, scraper conveyor series, belt conveyor series, hydraulic clutch series, as well as metal roof bar series, among others. The Company distributes its products primarily in domestic markets.

Profile for Linzhou Heavy Machinery Group Co.,Ltd.

Full Name:Linzhou Heavy Machinery Group Co.,Ltd.
Full Name in Chinese:林州重机集团股份有限公司 Short Name in Chinese:林州重机
Symbol/Stock Code:
002535
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Guo Xiansheng
Secretary of the Board:
Cui Puxian
Phone:
+86-372-6024321
Fax:
+86-372-6031023
Official Website:www.lzzj.com
E-mail:lzzj@lzzj.com
Address:Shen Village, Heshun Town, Linzh,Shen Village, Heshun Town, Linzh,ANYANG HEN 456561
IPO Subscription Date:
2010-12-29
Listing Date:
2011-01-11
IPO Issued Capital:
51200000
IPO Price:
25 CNY
IPO fees:
74801300 CNY
Money Raised by IPO:
1280000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1205198700 CNY
Open(Listing day):
31.00 CNY
Close(Listing day):
29.09 CNY
Diluted P/E ratio after IPO:
92.5900
Turnover rate(listing day):
78.89%

Financials for Linzhou Heavy Machinery Group Co.,Ltd.

UPDATE:2012-10-22 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)
164.02
182.4556
103.3162
57.2479
Net Profit Growth(%)
53.81
76.59
80.47
19.28
Return On Equity(ROE)(%)
8.30
9.88
23.03
15.31
Debt ratio(%)
49.40
34.84
63.66
59.81
Net Operating Cash Flow/Net Profit(%)
32.85
-34.53
86.08
-276.66

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)
0.3000
0.4500
0.3400
0.4000
Diluted Earnings Per Share
0.0000
0.4500
0.3300
0.3800
Net Asset Value Per Share (NAVPS)
3.6700
4.4600
2.9200
2.4300
Additional Paid-In Capital Per Share
2.0117
2.8967
0.7603
0.7603
Retained Earnings Per Share
0.5910
0.4725
1.0376
0.6169
Net Cash Flow From Operatings Activities Per Share
0.1000
-0.1500
0.5800
-1.0300
Net Cash Flow Per Share
0.1407
0.6849
-0.4298
0.5591

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)
3906.4886
2834.6461
1235.5108
930.6136
Total Liabilities(Million)
1930.0475
987.8483
786.552
556.6023
Current Liabilities(Million)
1784.0833
859.5998
720.7846
542.2476
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
712.6191
502.8515
96.0324
110.1161
Accounts Receivables(Million)
585.1604
496.3708
267.4163
212.6606
Deposit Received(Million)
20.8651
26.3475
40.0432
85.4873
Other Receivables(Million)
41.9051
19.6876
46.5774
30.8325
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1976.4039
1846.6099
448.6075
374.0113
Debt ratio(%)
49.40
34.84
63.66
59.81
Equity Ratio(%)
50.5900
65.1400
36.3000
40.1800
Current Ratio
1.2989
2.4233
1.1663
1.1946
Quick Ratio
1.1576
2.1952
0.9157
0.9044

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)
534.4636
777.9727
630.6028
496.9171
Net Cash Flow From Operatings Activities(Million)
53.8838
-63.004
88.9311
-158.3822
Net Cash Flow From Operatings Activities Change(%)
-160.00
-170.85
-156.15
-558.54
Net Cash Flow(Million)
75.7565
283.6662
-66.0236
85.8832
Cash From Selling Commodities/Prime Revenue(%)
48.34
70.54
74.18
72.57
Net Cash Flow/Net Profit(%)
46.19
155.47
-63.90
150.02
Cash Flow From Investing Activities(Million)
-408.9384
-664.151
-212.4566
-85.5879
Cash Flow From Financing Activities(Million)
430.8112
1010.8212
57.5019
329.8534

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)
1105.5564
1102.9273
850.0806
684.7724
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
19.9988
27.4369
25.5744
23.8968
Administrative Costs(Million)
42.6262
52.6106
36.4955
22.2041
Financing Costs(Million)
21.1942
11.6661
26.6142
18.9535
Above Three Costs Change(%)
36.27
3.42
36.32
55.97
Operating Profit(Million)
191.2969
215.3315
137.3855
76.3273
Income From Investment(Million)
0.7495
1.0581
2.0869
0.3075
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.8402
1.8851
0.4092
0.8313
Total Profit(Million)
193.1371
217.2166
137.7947
77.1586
Corporate Income Tax(Million)
29.2679
34.9244
34.5271
19.9412
Net Profit(Million)
164.02
182.4556
103.3162
57.2479
Gross Profit Ratio(%)
25.23
28.65
27.09
21.01
Operating Margin(%)
17.30
19.52
16.16
11.14
Return On Equity(ROE)(%)
8.30
9.88
23.03
15.31

Announcements for Linzhou Heavy Machinery Group Co.,Ltd.

Date: 2012-09-06
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 05 September 2012, during which the following proposal(s) was/were approved:
1. Shareholder return plan for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association(approved by the 19th meeting of the board)
3. Amendments to the Company's articles of association(approved by the 20th meeting of the board)
4. 2012 continuing connected transactions estimate with a company
5. 2012 continuing connected transactions estimate with another company
6. 2012 continuing connected transactions estimate with a third company
7. 2012 continuing connected transactions estimate with a fourth company
8. 2012 continuing connected transactions estimate with a fifth company
Date: 2012-08-21
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 05 September 2012.

Meeting agenda:
1. Shareholder return plan for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association(approved by the 19th meeting of the board)
3. Amendments to the Company's articles of association(approved by the 20th meeting of the board)
4. 2012 continuing connected transactions estimate with a company
5. 2012 continuing connected transactions estimate with another company
6. 2012 continuing connected transactions estimate with a third company
7. 2012 continuing connected transactions estimate with a fourth company
8. 2012 continuing connected transactions estimate with a fifth company


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 31 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 04 September 2012 to 04 September 2012
Date: 2012-06-01
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): 3.0000


Record date: 06 June 2012
Ex-date: 07 June 2012
Payment date: 07 June 2012
Listing date of the bonus issues: 07 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-22
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 21 May 2012, during which the following proposal(s) was/were approved:
1. Planned issue of short term commercial papers
2. Authorization to the board to handle matters in relation to issue of short term commercial papers.
Date: 2012-04-17
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 16 April 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Reappointment of audit firm
7. Confirmation of 2011 continuing connected transactions and estimate of 2012 continuing connected transactions
8. Eligibility for public issue of convertible bonds
9. Scheme for issue of convertible bonds
10. Feasibility report on the projects invested by funds to be raised from the issue of convertible bonds
11. Statement on the use of previously raised funds
12. Mandate to the board to handle matters in relation to the public issue of convertible bonds
13. Amendments to the Company's articles of association
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): 3.00.
Date: 2012-03-27
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 27 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):3.0000.
Date: 2012-03-27
Title: AGM-ONLINE
The Company will hold the 2011 Annual General Meeting at 14:00 on 16 April 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Reappointment of audit firm
7. Confirmation of 2011 continuing connected transactions and estimate of 2012 continuing connected transactions
8. Eligibility for public issue of convertible bonds
9. Scheme for issue of convertible bonds
10. Feasibility report on the projects invested by funds to be raised from the issue of convertible bonds
11. Statement on the use of previously raised funds
12. Mandate to the board to handle matters in relation to the public issue of convertible bonds
13. Amendments to the Company's articles of association
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): 3.0000

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 12 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: 15 April 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.

Part I Voting via the trading system
Voting date: 16 April 2012
Voting code:362535
Voting abbreviation:Linzhou Heavy Machinery voting
Voting process:
1. To input the "buy" instruction to begin voting
2.To input the serial number of the annual general meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 15 April 2012 to 16 April 2012.
Date: 2012-01-30
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 20 January 2012, during which the following proposal(s) was/were approved:
1. To replenish the working capital with excessive raised funds
2. To sign the agreement on continuing connected transactions.
Date: 2012-01-06
Title: RESTRICTED SHARE LISTING
Among the Company's 87432000 restricted shares to be unlocked on 11 January 2012, 56344500 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-01-05
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 20 January 2012.

Meeting agenda:
1. To replenish the working capital with excessive raised funds
2. To sign the agreement on continuing connected transactions

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 January 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 January 2012