Shandong Blue Sail Plastic & Rubber Co.,Ltd.



Quote for Shandong Blue Sail Plastic & Rubber Co.,Ltd.

Last Trade:
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Symbol/Code:
002382
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002382 quote

Summary for Shandong Blue Sail Plastic & Rubber Co.,Ltd.

SHANDONG BLUE SAIL PLASTIC & RUBBER CO., LTD. is principally engaged in the research, development, production and distribution of disposable polyvinyl chloride (PVC) gloves. The Company is also involved in the production and processing of other plastic products and granular materials, such as latex gloves, rubber gloves, molded pulp products and medical supplies, among others. Its disposable PVC gloves are mainly used in medical examination, medical care, laboratory, electronic product processing, food processing and fast food serving, among others. The Company distributes its products within domestic markets and to overseas markets, including the United States, Europe, Japan and Canada.

Profile for Shandong Blue Sail Plastic & Rubber Co.,Ltd.

Full Name:Shandong Blue Sail Plastic & Rubber Co.,Ltd.
Full Name in Chinese:山东蓝帆塑胶股份有限公司 Short Name in Chinese:蓝帆股份
Symbol/Stock Code:
002382
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Zhenping
Secretary of the Board:
Han Bangyou
Phone:
+86-533-7480108
Fax:
+86-533-7480085
Official Website:www.bluesail.cn
E-mail:stock@bluesail.cn
Address:No.21, Qingtian Road,Qilu Chemical Industrial Park,Zibo SDG 255414
IPO Subscription Date:
2010-03-24
Listing Date:
2010-04-02
IPO Issued Capital:
20000000
IPO Price:
35 CNY
IPO fees:
52812600 CNY
Money Raised by IPO:
700000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
647187400 CNY
Open(Listing day):
55.20 CNY
Close(Listing day):
58.21 CNY
Diluted P/E ratio after IPO:
47.0300
Turnover rate(listing day):
77.63%

Financials for Shandong Blue Sail Plastic & Rubber 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)
45.1969
29.0618
40.3344
66.5458
Net Profit Growth(%)
74.23
-27.94
-39.38
8.45
Return On Equity(ROE)(%)
4.73
3.17
4.46
31.69
Debt ratio(%)
35.82
30.06
11.68
44.53
Net Operating Cash Flow/Net Profit(%)
289.09
-226.52
-93.94
93.24

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)
0.1900
0.2400
0.3600
1.1100
Diluted Earnings Per Share
0.0000
0.1900
0.3600
1.1000
Net Asset Value Per Share (NAVPS)
3.9100
7.6400
11.3000
3.5000
Additional Paid-In Capital Per Share
2.0351
5.0702
8.1053
0.2500
Retained Earnings Per Share
0.8586
1.3905
1.9583
2.0001
Net Cash Flow From Operatings Activities Per Share
0.5300
-0.5500
-0.4700
1.0300
Net Cash Flow Per Share
0.0549
-1.8557
4.4523
0.6252

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)
1489.5543
1310.7456
1023.3047
379.5788
Total Liabilities(Million)
533.6786
394.0648
119.5894
176.3175
Current Liabilities(Million)
528.7286
389.1148
114.6394
101.3675
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
296.1173
281.6585
482.6202
127.5335
Accounts Receivables(Million)
211.5798
235.536
143.1701
72.0916
Deposit Received(Million)
4.1122
4.417
4.5639
2.6035
Other Receivables(Million)
5.2248
6.2635
7.0885
3.4445
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
955.8758
916.6808
903.7153
209.9574
Debt ratio(%)
35.82
30.06
11.68
44.53
Equity Ratio(%)
64.1700
69.9300
88.3100
55.4600
Current Ratio
1.7312
2.0640
6.6379
2.7093
Quick Ratio
1.3414
1.6057
6.0066
2.3540

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)
1028.7502
858.7467
551.668
476.8729
Net Cash Flow From Operatings Activities(Million)
130.6606
-65.8294
-37.8918
62.0474
Net Cash Flow From Operatings Activities Change(%)
-761.54
73.73
-161.07
-18.27
Net Cash Flow(Million)
13.1865
-222.6884
356.1867
37.5129
Cash From Selling Commodities/Prime Revenue(%)
104.56
91.98
88.76
99.83
Net Cash Flow/Net Profit(%)
29.18
-766.26
883.08
56.37
Cash Flow From Investing Activities(Million)
-233.1999
-236.7923
-155.6904
-23.9928
Cash Flow From Financing Activities(Million)
114.699
81.4885
550.5543
-0.361

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)
983.9083
933.6516
621.5406
477.7029
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
30.479
23.1423
14.8421
10.4498
Administrative Costs(Million)
48.5802
34.2948
29.5027
12.1165
Financing Costs(Million)
5.0691
4.7234
1.2948
5.329
Above Three Costs Change(%)
107.52
36.20
63.61
-20.55
Operating Profit(Million)
58.5381
26.2997
40.3097
80.2279
Income From Investment(Million)
0.4903
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.157
7.8278
6.7966
0.4133
Total Profit(Million)
59.6951
34.1275
47.1063
80.6412
Corporate Income Tax(Million)
14.4982
5.0657
6.7719
14.0954
Net Profit(Million)
45.1969
29.0618
40.3344
66.5458
Gross Profit Ratio(%)
14.63
10.20
14.48
22.71
Operating Margin(%)
5.94
2.81
6.48
16.79
Return On Equity(ROE)(%)
4.73
3.17
4.46
31.69

Announcements for Shandong Blue Sail Plastic & Rubber Co.,Ltd.

Date: 2012-09-28
Title: EGM RESOLUTION
The Company held its 7th Extraordinary General Meeting of 2012 on 27 September 2012, during which the following proposal(s) was/were approved:
1. A wholly-owned subsidiary to invest in constructing new projects
2. Purchase of bank wealth management products
Date: 2012-09-12
Title: EGM-SPOT
The Company will hold the 7th Extraordinary General Meeting of 2012 at 09:30 on 27 September 2012.

Meeting agenda:
1. A wholly-owned subsidiary to invest in constructing new projects
2. Purchase of bank wealth management products


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 21 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 27 September 2012 to 27 September 2012
Date: 2012-09-06
Title: EGM RESOLUTION
The Company held its 6th Extraordinary General Meeting of 2012 on 05 September 2012, during which the following proposal(s) was/were approved:
1. Wholly-owned subsidiaries to apply for loan credit
2. Guarantee for wholly-owned subsidiaries
Date: 2012-08-21
Title: EGM-SPOT
The Company will hold the 6th Extraordinary General Meeting of 2012 at 09:30 on 05 September 2012.

Meeting agenda:
1. Wholly-owned subsidiaries to apply for loan credit
2. Guarantee for wholly-owned subsidiaries


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 30 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 05 September 2012 to 05 September 2012
Date: 2012-08-20
Title: EGM RESOLUTION
The Company held its 5th Extraordinary General Meeting of 2012 on 17 August 2012, during which the following proposal(s) was/were approved:
1. Formulation of dividend policy and plan on the shareholders' return for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
Date: 2012-08-02
Title: EGM-SPOT
The Company will hold the 5th Extraordinary General Meeting of 2012 at 09:30 on 17 August 2012.

Meeting agenda:
1. Formulation of dividend policy and plan on the shareholders' return for the next three years from 2012 to 2014
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 10 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: 17 August 2012
Date: 2012-05-23
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
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): 10.0000


Record date: 29 May 2012
Ex-date: 30 May 2012
Payment date: 30 May 2012
Listing date of the bonus issues: 30 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: 2012-04-20
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 20 April 2012.

The profit distribution proposal for 2011:
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):10.0000.
Date: 2012-04-20
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 11 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 annual report and its summary
5. 2011 profit distribution plan and bonus issue from capital reserve
6. Appointment of audit firm
7. 2011 verification report on the deposit and use of raised funds
8. Remuneration for directors, supervisors and senior management
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): 10.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 07 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: 11 May 2012
Date: 2012-04-13
Title: EGM CHANGE
Further to our previous message on 12 April 2012 about the Company's Extraordinary General Meeting of 2012, the Company announced on 13 April 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) Meeting Name:3rd Extraordinary General Meeting of 2012

Other information remains unchanged.