Qingdao Hanhe Cable Co.,Ltd.



Quote for Qingdao Hanhe Cable Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002498
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+8002498 quote

Summary for Qingdao Hanhe Cable Co.,Ltd.

Qingdao Hanhe Cable Co., Ltd. is principally engaged in the research, development, manufacture, distribution and installation of electric wires, cables and cable accessories. The Company provides power cables, including 220KV cross-linked cables, 110 KV cross-linked cables, medium- and low-voltage cross-linked cables, medium- and low-voltage plastic cables, medium- and low-voltage rubber sheathed cables, submarine cables and overhead cables; communications cables and optical cables, including communication cables, coaxial cables, optical cables, data cables and computer cables; electric wires and cables for electric appliances, including petroleum platform cables, mining cables, ship cables, railway cables and control cables; bare wires, including specialty leads and ordinary leads, as well as other products, including cable accessories, cable insulate products and bus ducts, among others.

Profile for Qingdao Hanhe Cable Co.,Ltd.

Full Name:Qingdao Hanhe Cable Co.,Ltd.
Full Name in Chinese:青岛汉缆股份有限公司 Short Name in Chinese:汉缆股份
Symbol/Stock Code:
002498
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhang Huakai
Secretary of the Board:
Wang Zhengzhuang
Phone:
+86-532-88817759
Fax:
+86-532-88817462
Official Website:www.hanhe-cable.com
E-mail:hanhe1@hanhe-cable.com
Address:No. 628, Jiushui East Road,Laoshan District,Qingdao SDG 266102
IPO Subscription Date:
2010-10-27
Listing Date:
2010-11-09
IPO Issued Capital:
50000000
IPO Price:
36 CNY
IPO fees:
125590000 CNY
Money Raised by IPO:
1800000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1674410000 CNY
Open(Listing day):
39.88 CNY
Close(Listing day):
44.20 CNY
Diluted P/E ratio after IPO:
58.0600
Turnover rate(listing day):
81.14%

Financials for Qingdao Hanhe Cable Co.,Ltd.

UPDATE:2012-10-23 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)
176.8317
285.848
402.7567
469.7712
Net Profit Growth(%)
-31.97
-29.02
-14.26
103.52
Return On Equity(ROE)(%)
4.73
8.20
12.23
39.44
Debt ratio(%)
22.39
21.39
19.19
47.88
Net Operating Cash Flow/Net Profit(%)
-105.37
-93.69
-29.43
46.15

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)
0.2500
0.4100
0.6300
1.1200
Diluted Earnings Per Share
0.0000
0.4200
0.5400
0.6900
Net Asset Value Per Share (NAVPS)
5.2200
4.9400
7.0100
2.8400
Additional Paid-In Capital Per Share
2.2162
2.0047
3.5070
0.0568
Retained Earnings Per Share
1.7978
1.7258
2.2437
1.5957
Net Cash Flow From Operatings Activities Per Share
-0.2600
-0.3800
-0.2500
0.5200
Net Cash Flow Per Share
-0.4020
-0.6641
3.0048
0.1306

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)
4839.6773
4455.843
4083.2655
2326.3118
Total Liabilities(Million)
1084.0634
953.2769
798.1803
1113.9926
Current Liabilities(Million)
1084.0634
953.2769
798.1744
1110.0426
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
850.8508
1150.2123
1406.704
194.4512
Accounts Receivables(Million)
1018.6188
1053.664
734.3752
634.3431
Deposit Received(Million)
458.9887
396.0862
277.0325
258.683
Other Receivables(Million)
91.166
55.3041
42.5183
64.6904
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
3737.0455
3484.8384
3292.9904
1191.1673
Debt ratio(%)
22.39
21.39
19.19
47.88
Equity Ratio(%)
77.2100
78.2000
80.3900
51.2000
Current Ratio
3.7271
3.9970
4.5212
1.7218
Quick Ratio
2.6041
2.9347
3.6639
1.1481

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)
2663.0372
3656.2757
3164.7513
2870.091
Net Cash Flow From Operatings Activities(Million)
-186.3191
-267.8213
-118.5383
216.8001
Net Cash Flow From Operatings Activities Change(%)
-77.63
125.94
-154.68
-20.14
Net Cash Flow(Million)
-287.6415
-468.2117
1412.2527
54.86
Cash From Selling Commodities/Prime Revenue(%)
111.46
97.14
102.15
101.02
Net Cash Flow/Net Profit(%)
-162.66
-163.80
350.65
11.68
Cash Flow From Investing Activities(Million)
-99.4746
-93.2105
-76.838
-189.3463
Cash Flow From Financing Activities(Million)
-1.7999
-107.1798
1607.8074
27.4701

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)
2389.2394
3764.0837
3098.2519
2841.0318
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
116.1844
133.3579
140.9215
149.0659
Administrative Costs(Million)
88.9191
115.9234
102.7916
76.4969
Financing Costs(Million)
-6.9524
-11.8503
2.7437
1.0261
Above Three Costs Change(%)
12.38
-3.66
8.77
-10.92
Operating Profit(Million)
202.7728
293.8806
440.9946
558.7762
Income From Investment(Million)
15.8621
-62.6198
41.3055
171.8355
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.2598
45.7602
30.9448
14.4768
Total Profit(Million)
207.0326
339.6409
471.9394
573.253
Corporate Income Tax(Million)
29.3603
56.5404
72.5225
103.2571
Net Profit(Million)
176.8317
285.848
402.7567
469.7712
Gross Profit Ratio(%)
16.08
16.66
21.41
21.68
Operating Margin(%)
8.48
7.80
14.23
19.66
Return On Equity(ROE)(%)
4.73
8.20
12.23
39.44

Announcements for Qingdao Hanhe Cable Co.,Ltd.

Date: 2012-09-18
Title: EGM RESOLUTION
The Company held its 6th Extraordinary General Meeting of 2012 on 17 September 2012, during which the following proposal(s) was/were approved:
1. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY1.5000 per 10 shares 2) Bonus shares from profit: none 3) Bonus shares from capital reserve: none
Date: 2012-08-28
Title: INTERIM DIVIDEND
The Company issued its 2012 interim report on 28 August 2012.

The profit distribution proposal for 2012:
1. Cash dividend/10 shares (tax included): CNY1.50000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-08-28
Title: EGM-ONLINE
The Company will hold the 6th Extraordinary General Meeting of 2012 at 14:30 on 17 September 2012.

Meeting agenda:
1. 2012 interim profit distribution plan: 1) Cash dividend (tax included): CNY1.5000 per 10 shares 2) Bonus shares from profit: none 3) Bonus shares from capital reserve: none


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 September 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 15 September 2012 to 15 September 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: 17 September 2012
Voting code:362498
Voting abbreviation:Qingdao Hanhe Cable 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 16 September 2012 to 17 September 2012.
Date: 2012-08-14
Title: EGM RESOLUTION
The Company held its 5th Extraordinary General Meeting of 2012 on 13 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, the Company's rules of procedures governing the board meeting and the Company's rules of procedures governing the meetings of the supervisory committee
3. Amendments to information disclosure system
4. Amendments to independent directors system
5. Plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-07-27
Title: EGM-ONLINE
The Company will hold the 5th Extraordinary General Meeting of 2012 at 14:30 on 13 August 2012.

Meeting agenda:
1 Amendments to the Company's articles of association
2 Amendments to the Company's rules of procedures governing the general meeting of shareholders, the Company's rules of procedures governing the board meeting and the Company's rules of procedures governing the meetings of the supervisory committee
3 Amendments to information disclosure system
4 Amendments to independent directors system
5 Plan on the shareholders' return for the next three years from 2012 to 2014


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 11 August 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: 13 August 2012
Voting code:362498
Voting abbreviation:Qingdao Hanhe Cable 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 12 August 2012 to 13 August 2012.
Date: 2012-06-26
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 25 June 2012, during which the following proposal(s) was/were approved:
1. To temporarily replenish working capital with idle raised proceeds.
Date: 2012-06-06
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 05 June 2012, during which the following proposal(s) was/were approved:
1. Use of surplus raised funds to invest in the construction of a project
2. Use of surplus raised funds for replenishment of working capital of a company
3. By-election of directors.
Date: 2012-06-01
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 31 May 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 and 2012 financial budget report
4. 2011 annual report and its summary
5. 2011 profit distribution plan
6. Special report on the deposit and use of raised funds in 2011
7. Reappointment of 2012 audit firm and confirmation of 2011 audit fee
8. 2012 application for comprehensive credit line to banks
9. Remunerations for directors and supervisors
10. Amendments to the Company's articles of association
The detailed profit distribution plan are as follows:
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): none.
Date: 2012-05-15
Title: NON-PUBLIC LISTING
The Company's 10.44 million restricted A-shares via non-public offering will be listed on Shenzhen Stock Exchange as of 16 May 2012.
Date: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 April 2012.

The profit distribution proposal for 2011:
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):none.