Rongsheng Petro Chemical Co., Ltd.



Quote for Rongsheng Petro Chemical Co., Ltd.

Last Trade:
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Symbol/Code:
002493
Status:
-
Stock Type:
A Share
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Currency in CNY Time=UTC+8002493 quote

Summary for Rongsheng Petro Chemical Co., Ltd.

RONGSHENG PETRO CHEMICAL CO., LTD. is principally engaged in the manufacture and distribution of phosphotungstic acid (PTA), terylene fully drawn yarns (FDYs), terylene pre-oriented yarns (POYs), terylene draw textured yarns (DTYs), terylene filaments and polyethylene terephthalate (PET) chips. Its products are applied primarily in the production of PET, polytrimethylene terephthalate (PTT), polybutylece terephthalate (PBT), knitted products and terylene products, among others. It distributes its products in domestic and overseas markets.

Profile for Rongsheng Petro Chemical Co., Ltd.

Full Name:Rongsheng Petro Chemical Co., Ltd.
Full Name in Chinese:荣盛石化股份有限公司 Short Name in Chinese:荣盛石化
Symbol/Stock Code:
002493
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Shuirong
Secretary of the Board:
Quan Weiying
Phone:
+86-571-82520189
Fax:
+86-571-82527208
Official Website:www.cnrspc.com
E-mail:rspc@cnrspc.com
Address:No.98,Yinong Town,Xiaoshan District,HANGZHOU ZHJ 311247
IPO Subscription Date:
2010-10-20
Listing Date:
2010-11-02
IPO Issued Capital:
56000000
IPO Price:
53.8 CNY
IPO fees:
113161000 CNY
Money Raised by IPO:
3012800000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
2899639000 CNY
Open(Listing day):
58.00 CNY
Close(Listing day):
63.25 CNY
Diluted P/E ratio after IPO:
38.1600
Turnover rate(listing day):
77.07%

Financials for Rongsheng Petro Chemical Co., Ltd.

UPDATE:2012-10-26 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)
303.8006
1620.0804
1536.5739
782.601
Net Profit Growth(%)
-79.77
5.43
96.34
758.52
Return On Equity(ROE)(%)
4.43
22.79
25.86
46.24
Debt ratio(%)
59.36
49.75
42.85
69.16
Net Operating Cash Flow/Net Profit(%)
168.11
10.55
142.20
120.05

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)
0.2700
1.4600
1.5100
1.5700
Diluted Earnings Per Share
0.0000
1.3900
1.5400
1.5700
Net Asset Value Per Share (NAVPS)
6.1700
6.3900
10.6900
3.3800
Additional Paid-In Capital Per Share
2.1943
2.1943
5.3886
0.2738
Retained Earnings Per Share
2.8204
3.0472
4.0867
1.9921
Net Cash Flow From Operatings Activities Per Share
0.4600
0.1500
3.9300
1.8800
Net Cash Flow Per Share
-1.1724
0.6144
2.1859
-0.3446

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)
21489.8418
17560.2844
12665.8085
8944.6897
Total Liabilities(Million)
12757.9505
8737.17
5428.0727
6186.9282
Current Liabilities(Million)
11193.9638
7528.1069
4162.0951
3541.3547
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
3361.264
3650.9928
4073.6324
1432.2369
Accounts Receivables(Million)
273.6775
740.6457
74.23
4.9072
Deposit Received(Million)
386.25
223.0591
134.7704
77.4794
Other Receivables(Million)
861.1074
37.6216
17.2194
13.5694
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
6855.6568
7108.5708
5941.8327
1692.3591
Debt ratio(%)
59.36
49.75
42.85
69.16
Equity Ratio(%)
31.9000
40.4800
46.9100
18.9200
Current Ratio
0.9095
1.2314
1.4899
0.8078
Quick Ratio
0.7843
1.0676
1.3044
0.5404

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)
12768.7397
14308.4728
9847.3608
8287.6238
Net Cash Flow From Operatings Activities(Million)
510.7183
170.9076
2184.9978
939.5249
Net Cash Flow From Operatings Activities Change(%)
-13.77
-92.18
132.56
228.53
Net Cash Flow(Million)
-1303.7331
683.1972
1215.3621
-172.3092
Cash From Selling Commodities/Prime Revenue(%)
71.75
59.93
62.34
81.48
Net Cash Flow/Net Profit(%)
-429.14
42.17
79.10
-22.02
Cash Flow From Investing Activities(Million)
-3574.5406
-834.7566
-2052.4212
-379.9408
Cash Flow From Financing Activities(Million)
1766.3707
1187.5345
1003.3424
-726.422

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)
17796.7507
23873.4845
15795.6789
10171.4072
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
143.5209
232.3048
176.5998
96.2672
Administrative Costs(Million)
124.4466
195.7005
82.9433
71.2982
Financing Costs(Million)
148.2657
-63.1994
147.7614
244.6867
Above Three Costs Change(%)
89.39
-10.43
-1.20
125.25
Operating Profit(Million)
356.084
2502.1198
2577.3097
1210.3531
Income From Investment(Million)
165.9472
501.4266
453.7507
363.9113
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
162.3374
94.7862
0.0717
3.4947
Total Profit(Million)
518.4214
2596.906
2577.3813
1213.8478
Corporate Income Tax(Million)
52.9299
361.285
353.8708
83.7599
Net Profit(Million)
303.8006
1620.0804
1536.5739
782.601
Gross Profit Ratio(%)
3.46
10.13
16.33
12.36
Operating Margin(%)
2.00
10.48
16.31
11.89
Return On Equity(ROE)(%)
4.43
22.79
25.86
46.24

Announcements for Rongsheng Petro Chemical Co., Ltd.

Date: 2012-08-22
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 21 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Formulation of shareholders' return plan for the next three years
3. Mutual guarantee with controlled subsidiary
Date: 2012-08-03
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 09:30 on 21 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Formulation of shareholders' return plan for the next three years
3. Mutual guarantee with controlled subsidiary


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 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: 20 August 2012
Date: 2012-04-20
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: 25 April 2012
Ex-date: 26 April 2012
Payment date: 26 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: 2012-04-13
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 12 April 2012, during which the following proposal(s) was/were approved:
1. A controlled subsidiary to provide external counter guarantee.
Date: 2012-02-21
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 21 February 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: 2012-02-21
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 16 March 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 preplan
5. 2011 annual report and its summary
6. Re-appointment of 2012 audit firm
7. Guarantee for controlled subsidiaries
8. 2012 continuing connected transactions
The detailed profit distribution plan are as follows:
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

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 March 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 March 2012
Date: 2012-02-07
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 06 February 2012, during which the following proposal(s) was/were approved:
1. A controlled subsidiary to provide entrusted loan to a company.
Date: 2012-01-20
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 06 February 2012.

Meeting agenda:
1. A controlled subsidiary to provide entrusted loan to a company

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 30 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: 03 February 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: 06 February 2012
Voting code:362493
Voting abbreviation:Rongsheng 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 05 February 2012 to 06 February 2012.
Date: 2012-01-17
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 16 January 2012, during which the following proposal(s) was/were approved:
1. Guarantee for the Company's controlled subsidiary.
Date: 2011-11-15
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2011 on 14 November 2011, during which the following proposal(s) was/were approved:
1. Capital expansion in a company.