Qinghai Huzhu Barley Wine Co.,Ltd.



Quote for Qinghai Huzhu Barley Wine Co.,Ltd.

Last Trade:
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Symbol/Code:
002646
Status:
-
Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002646 quote

Summary for Qinghai Huzhu Barley Wine Co.,Ltd.

Qinghai Huzhu Barley Wine Co., Ltd. is principally engaged in the research, development, production and distribution of highland barley wine. The Company primarily provides highland barley wine, which are classified into four categories. During the year ended December 31, 2010, the Company produced approximately 12,983 tons of highland barley wine. The Company distributes its products primarily in domestic market.

Profile for Qinghai Huzhu Barley Wine Co.,Ltd.

Full Name:Qinghai Huzhu Barley Wine Co.,Ltd.
Full Name in Chinese:青海互助青稞酒股份有限公司 Short Name in Chinese:青青稞酒
Symbol/Stock Code:
002646
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Yinhui
Secretary of the Board:
Wang Zhaosan
Phone:
+86-972-7316442
Fax:
+86-972-7316442
Official Website:www.qkj.com.cn
E-mail:w333@vip.163.com
Address:No. 6 West Avenue,,Weiyuan Town, Huzhu County,HAIDONG 810500
IPO Subscription Date:
2011-12-13
Listing Date:
2011-12-22
IPO Issued Capital:
60000000
IPO Price:
16 CNY
IPO fees:
56052200 CNY
Money Raised by IPO:
960000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
903947800 CNY
Open(Listing day):
20.00 CNY
Close(Listing day):
20.30 CNY
Diluted P/E ratio after IPO:
53.3300
Turnover rate(listing day):
90.64%

Financials for Qinghai Huzhu Barley Wine 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)
238.1888
211.6321
135.5369
113.5799
Net Profit Growth(%)
45.18
56.14
19.33
130.92
Return On Equity(ROE)(%)
13.87
13.48
29.86
63.74
Debt ratio(%)
14.07
12.67
35.85
42.79
Net Operating Cash Flow/Net Profit(%)
153.76
46.65
98.63
137.89

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)
0.5293
0.5426
0.3791
0.3495
Diluted Earnings Per Share
0.0000
0.5168
0.3939
0.2924
Net Asset Value Per Share (NAVPS)
3.8170
3.4880
3.7830
1.7820
Additional Paid-In Capital Per Share
1.8995
1.8995
1.2014
0.0000
Retained Earnings Per Share
0.8776
0.5483
1.3873
0.6746
Net Cash Flow From Operatings Activities Per Share
0.8138
0.2194
1.1140
1.5661
Net Cash Flow Per Share
0.1138
1.9430
2.1008
0.8207

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)
1998.9871
1797.1902
707.5701
318.0616
Total Liabilities(Million)
281.3175
227.7095
253.6693
136.1196
Current Liabilities(Million)
275.0386
193.9244
220.2493
86.1196
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1275.8302
1224.6008
350.2604
98.1697
Accounts Receivables(Million)
7.1072
2.6299
0.4447
0.3752
Deposit Received(Million)
50.3471
4.357
1.4719
1.4337
Other Receivables(Million)
1.8041
0.3123
0.0893
0.0279
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1717.6695
1569.4807
453.9008
178.2004
Debt ratio(%)
14.07
12.67
35.85
42.79
Equity Ratio(%)
85.9200
87.3200
64.1400
56.0200
Current Ratio
5.9109
8.0321
2.4640
2.6364
Quick Ratio
4.8488
6.5150
1.6707
1.1612

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)
1131.7348
985.2011
708.0633
507.7095
Net Cash Flow From Operatings Activities(Million)
366.2317
98.7202
133.6785
156.6135
Net Cash Flow From Operatings Activities Change(%)
134.08
-26.15
-14.64
5011.53
Net Cash Flow(Million)
51.2294
874.3403
252.0908
82.0712
Cash From Selling Commodities/Prime Revenue(%)
121.51
117.05
118.62
118.69
Net Cash Flow/Net Profit(%)
21.51
413.14
185.99
72.26
Cash Flow From Investing Activities(Million)
-162.0909
-82.9739
-72.2246
-36.2654
Cash Flow From Financing Activities(Million)
-152.9114
858.594
190.6369
-38.2768

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)
931.3993
841.7277
596.9238
427.7472
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
113.1718
94.8063
59.3337
41.7636
Administrative Costs(Million)
42.9137
53.2064
38.1156
34.4074
Financing Costs(Million)
-10.5877
2.5532
2.6959
0.9013
Above Three Costs Change(%)
38.50
50.35
29.94
47.16
Operating Profit(Million)
311.0168
269.8834
192.0825
132.2693
Income From Investment(Million)
-
-
0.0546
-0.0687
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
6.3879
13.4332
-9.2484
4.3319
Total Profit(Million)
317.4047
283.3166
182.8342
136.6012
Corporate Income Tax(Million)
79.2159
71.6845
47.3001
22.7549
Net Profit(Million)
238.1888
211.6321
135.5369
113.5799
Gross Profit Ratio(%)
68.28
69.87
69.90
68.11
Operating Margin(%)
33.39
32.06
32.17
30.92
Return On Equity(ROE)(%)
13.87
13.48
29.86
63.74

Announcements for Qinghai Huzhu Barley Wine Co.,Ltd.

Date: 2012-08-27
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 24 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Shareholder return plan for the next three years from 2012 to 2014
3. Amendments to the raised funds management system
4. Change of content in the business license
Date: 2012-08-03
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 13:30 on 24 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Shareholder return plan for the next three years from 2012 to 2014
3. Amendments to the raised funds management system
4. Change of content in the business license


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 17 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: 21 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: 24 August 2012
Voting code:362646
Voting abbreviation:Qing Barley Wine 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 23 August 2012 to 24 August 2012.
Date: 2012-06-07
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 12 June 2012
Ex-date: 13 June 2012
Payment date: 13 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-05-17
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 16 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
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. 2012 remuneration scheme for directors, supervisors and senior management
7. Reappointment of audit firm
8. Amendments to the Company's articles of association
9. Amendments to the Company's rules of procedures governing shareholders' general meetings
10. Amendments to the Company's rules of procedures governing the board meetings
11. Amendments to management system on investment decision-making
12. Amendments to the system for financing and external guarantee
13. Amendments to work system for independent directors
14. Amendments to decision-making system on connected transactions
15. Nomination of non-independent director candidates
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
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): CNY2.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-25
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 16 May 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. 2012 remuneration scheme for directors, supervisors and senior management
7. Reappointment of audit firm
8. Amendments to the Company's articles of association
9. Amendments to the Company's rules of procedures governing shareholders' general meetings
10. Amendments to the Company's rules of procedures governing the board meetings
11. Amendments to management system on investment decision-making
12. Amendments to the system for financing and external guarantee
13. Amendments to work system for independent directors
14. Amendments to decision-making system on connected transactions
15. Nomination of non-independent director candidates
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
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 10 May 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 May 2012
Date: 2012-03-19
Title: PLACING SHARE LISTING
The Company's 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 22 March 2012.
Date: 2011-12-21
Title: IPO SHARE LISTING
The Company issued a total of 60 million shares (code:002646) in its initial public offering. Of the shares,48 million shares will be listed on the Shenzhen Stock Exchange on 22 December 2011 while the remainder will become tradable three months later.
Date: 2011-12-12
Title: IPO-ONLINE SUBSCRIPTION
Qinghai Huzhu Barley Wine Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 60.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002646
3. Stock abbreviation: Qing Barley Wine
4. Issuing volume: 60.000000 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: 12.000000 million shares
9. Online offering volume: 48.000000 million shares
10. Price: CNY16.00 per share
11. Offline subscription period: 13 December 2011
12. Online subscription date: 13 December 2011.
Date: 2011-12-02
Title: IPO
Qinghai Huzhu Barley Wine Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 60.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 60.0000 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: 12.0000 million shares
7.Online offering volume:48.0000 million shares
8.IPO price inquiry period: from 05 December 2011 to 08 December 2011
9.IPO price determined: 12 December 2011
10.Offline subscription date:13 December 2011
11.Online subscription date: 13 December 2011
12.Expected listing date:N/A.