Palm Landscape Architecture Co.,Ltd.



Quote for Palm Landscape Architecture Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002431
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+8002431 quote

Summary for Palm Landscape Architecture Co.,Ltd.

Palm Landscape Architecture Co., Ltd. is principally engaged in the design of garden landscape engineering, the construction of garden landscape engineering, as well as the sale of garden landscape trees. The Company's garden landscape engineering and design business includes municipal administration garden landscape engineering and design, residential quarter and villa garden landscape engineering and design, as well as hotel and holiday village garden landscape engineering and design. The Company operates its businesses mainly in domestic markets. During the year ended December 31, 2010, the Company obtained approximately 89.64% of its total revenue from landscape engineering construction business.

Profile for Palm Landscape Architecture Co.,Ltd.

Full Name:Palm Landscape Architecture Co.,Ltd.
Full Name in Chinese:棕榈园林股份有限公司 Short Name in Chinese:棕榈园林
Symbol/Stock Code:
002431
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Guichang
Secretary of the Board:
Yang Jingliang
Phone:
+86-20-37882925
Fax:
+86-20-37882988
Official Website:www.palm-la.com
E-mail:gdpalm@vip.163.com
Address:18F,No. 638, Huangpu Avenue West,GUANGZHOU GNG 510627
IPO Subscription Date:
2010-05-31
Listing Date:
2010-06-10
IPO Issued Capital:
30000000
IPO Price:
45 CNY
IPO fees:
78655200 CNY
Money Raised by IPO:
1350000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1271344800 CNY
Open(Listing day):
72.01 CNY
Close(Listing day):
67.14 CNY
Diluted P/E ratio after IPO:
72.9300
Turnover rate(listing day):
77.35%

Financials for Palm Landscape Architecture 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)
186.935
276.4557
168.4366
77.6999
Net Profit Growth(%)
2.71
64.13
116.77
39.42
Return On Equity(ROE)(%)
8.96
14.40
10.13
29.36
Debt ratio(%)
52.60
41.38
24.10
46.68
Net Operating Cash Flow/Net Profit(%)
-238.18
-147.77
-52.08
44.72

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)
0.4900
0.7200
0.4400
0.5400
Diluted Earnings Per Share
0.0000
0.7100
0.4200
0.5150
Net Asset Value Per Share (NAVPS)
5.4300
5.0000
8.6600
2.9400
Additional Paid-In Capital Per Share
2.6867
2.6867
6.3734
0.5291
Retained Earnings Per Share
1.6034
1.1666
1.1311
1.2554
Net Cash Flow From Operatings Activities Per Share
-1.1600
-1.0600
-0.4600
0.3900
Net Cash Flow Per Share
-0.3983
-1.0193
5.2281
0.2168

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)
4514.1834
3361.9437
2192.0179
497.2424
Total Liabilities(Million)
2374.6704
1391.1858
528.3367
232.1525
Current Liabilities(Million)
1661.3386
1380.2839
518.1025
232.1525
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
551.4578
698.2761
1091.5317
87.8612
Accounts Receivables(Million)
904.0216
762.4594
322.4726
170.3233
Deposit Received(Million)
61.015
21.7443
13.4817
14.0755
Other Receivables(Million)
158.1399
41.4298
23.2353
9.9473
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
2085.4129
1919.5997
1663.1603
264.6393
Debt ratio(%)
52.60
41.38
24.10
46.68
Equity Ratio(%)
46.1900
57.0900
75.8700
53.2200
Current Ratio
2.2253
2.2481
3.9288
1.9344
Quick Ratio
1.1315
1.3662
2.8406
1.2090

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)
1440.4027
1531.7734
890.2028
590.8633
Net Cash Flow From Operatings Activities(Million)
-445.2336
-408.5089
-87.7232
34.7438
Net Cash Flow From Operatings Activities Change(%)
-3.92
365.68
-352.49
220.86
Net Cash Flow(Million)
-152.9409
-391.3922
1003.8017
19.5132
Cash From Selling Commodities/Prime Revenue(%)
69.42
61.43
68.83
89.59
Net Cash Flow/Net Profit(%)
-81.82
-141.58
595.95
25.11
Cash Flow From Investing Activities(Million)
-422.416
-410.7307
-124.1691
-11.6132
Cash Flow From Financing Activities(Million)
716.6305
428.6638
1215.694
-3.6175

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)
2074.9685
2493.4957
1293.3839
659.4933
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
28.8304
32.2993
14.2989
6.919
Administrative Costs(Million)
176.5573
204.3321
102.833
49.9915
Financing Costs(Million)
55.6251
-5.1914
-10.8947
1.0612
Above Three Costs Change(%)
61.69
117.85
83.26
28.80
Operating Profit(Million)
217.2907
339.8545
190.5506
87.3125
Income From Investment(Million)
26.0553
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.7269
5.5883
7.4637
4.3366
Total Profit(Million)
219.0176
345.4427
198.0142
91.6491
Corporate Income Tax(Million)
29.1406
55.9997
29.5373
14.029
Net Profit(Million)
186.935
276.4557
168.4366
77.6999
Gross Profit Ratio(%)
26.45
27.99
27.83
26.61
Operating Margin(%)
10.47
13.62
14.73
13.23
Return On Equity(ROE)(%)
8.96
14.40
10.13
29.36

Announcements for Palm Landscape Architecture Co.,Ltd.

Date: 2012-08-07
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 06 August 2012, during which the following proposal(s) was/were approved:
1. Formulation of dividend management system
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. Formulation of plan on the shareholders' return for the next three years
5. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
Date: 2012-05-11
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.50000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 17 May 2012
Ex-date: 18 May 2012
Payment date: 18 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: CNY0.05000000(10 percent x CNY0.50000000)
Net cash dividend/10 shares after tax: CNY0.45000000(CNY0.50000000- CNY0.05000000)
Date: 2012-04-24
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 23 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. 2012 continuing connected transactions
7. 2012 application for comprehensive credit line to banks
8. Reappointment of audit firm
9. Amendments to the Company's articles of association
10. Amendments to the management measures for external investment
11. 2011 work report of the supervisory committee
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2011-12-01
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2011 on 30 November 2011, during which the following proposal(s) was/were approved:
1. Change of audit firm
2. Amendments to the Company's articles of association.
Date: 2011-11-10
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2011 at 10:00 on 30 November 2011.

Meeting agenda:
1. Change of audit firm
2. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 24 November 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: 29 November 2011
Date: 2011-09-01
Title: EGM RESOLUTION
The Company held its 2nd EGM of 2011 on 31 August 2011, during which the following proposal(s) was/were approved:
1. The Company's eligibility for corporate bond issue
2. Issue of corporate bond
3. Authorization to the board to handle matters in relation to the corporate bond issue
4. Authorization to the board to take relevant measures under certain conditions
5. Expansion in the business scope
6. Amendments to the articles of association.
Date: 2011-08-26
Title: EGM REMINDER
The Company will hold the 2nd EGM of 2011 at 14:30 on 31 August 2011.

Meeting agenda:
1. The Company's eligibility for corporate bond issue
2. Issue of corporate bond
3. Authorization to the board to handle matters in relation to the corporate bond issue
4. Authorization to the board to take relevant measures under certain conditions
5. Expansion in the business scope
6. Amendments to the articles of association

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 25 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: 30 August 2011

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: 31 August 2011
Voting code:362431
Voting abbreviation:Palm Landscape Architecture 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 30 August 2011 to 31 August 2011.
Date: 2011-08-16
Title: EGM-ONLINE
The Company will hold the 2ND EGM OF 2011 at 14:30 on 31 August 2011.

Meeting agenda:
1. The Company's eligibility for corporate bond issue
2. Issue of corporate bond
3. Authorization to the board to handle matters in relation to the corporate bond issue
4. Authorization to the board to take relevant measures under certain conditions
5. Expansion in the business scope
6. Amendments to the articles of association

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 25 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: 30 August 2011

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: 31 August 2011
Voting code:362431
Voting abbreviation:Palm Landscape Architecture voting
Voting process:
1.To input the "buy" instruction to begin voting
2.To input the serial number of the Investors 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 30 August 2011 to 31 August 2011.
Date: 2011-06-08
Title: RESTRICTED SHARE LISTING
THE CO'S 201,539,872 RESTRICTED A-SHARES WILL BE LISTED ON THE SHENZHEN STOCK EXCHANGE AS OF 10JUN11.
Date: 2011-05-26
Title: EGM RESOLUTION
THE CO HELD ITS 1ST EGM OF 2011 ON 25MAY11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
2. RE-ELECTION OF DIRECTORS INCLUDING WU GUICHANG, LAI GUOCHUAN, HUANG DEBIN, LI PIYUE, LIANG FAZHU, LIN CONGXIAO, LU JUN, WANG SHAOZENG, WU JUNCHUN
3. RE-ELECTION OF SUPERVISORS INCLUDING LIN MANYANG, WANG HAIGANG