Shandong Longquan Pipeline Engineering Co.,LTD



Quote for Shandong Longquan Pipeline Engineering Co.,LTD

Last Trade:
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Symbol/Code:
002671
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002671 quote

Summary for Shandong Longquan Pipeline Engineering Co.,LTD

Shandong Longquan Pipeline Engineering Co., LTD is mainly engaged in the manufacture and sale of prestressed concrete cylinder pipes (PCCPs). The Company's PCCP products are mainly applied in trans-regional and trans-basin water delivery works, urban pipe water conveyance and drainage works, agricultural water-saving irrigation works, urban sewage discharging and water treatment works, rivers and lakes' water replenishment and drainage works, and reconstruction and renovation works of urban existing water conveyance and drainage pipe network, among others. During the year ended December 31, 2011, the Company totally manufactured 206.17 kilometers of PCCP products. The Company distributes its products mainly in East China, Northeast and North China.

Profile for Shandong Longquan Pipeline Engineering Co.,LTD

Full Name:Shandong Longquan Pipeline Engineering Co.,LTD
Full Name in Chinese:山东龙泉管道工程股份有限公司 Short Name in Chinese:龙泉股份
Symbol/Stock Code:
002671
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Liu Zhangjie
Secretary of the Board:
Zhang Yu
Phone:
+86-533-4292288
Fax:
+86-533-4291123
Official Website:www.lqpccp.com
E-mail:zblongquan@163.com
Address:No. 333,West Waihuan Road, Boshan Dist,ZIBO SDG 255200
IPO Subscription Date:
2012-04-18
Listing Date:
2012-04-26
IPO Issued Capital:
23600000
IPO Price:
21
IPO fees:
28956300 CNY
Money Raised by IPO:
495600000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
466643700 CNY
Open(Listing day):
- CNY
Close(Listing day):
- CNY
Diluted P/E ratio after IPO:
28.7700
Turnover rate(listing day):
-%

Financials for Shandong Longquan Pipeline Engineering 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)
68.4306
72.2701
61.2595
34.0695
Net Profit Growth(%)
-13.33
17.97
79.80
67.67
Return On Equity(ROE)(%)
9.19
34.45
32.75
27.09
Debt ratio(%)
32.52
59.15
46.91
55.82
Net Operating Cash Flow/Net Profit(%)
24.89
62.00
81.16
102.49

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)
0.8200
1.0200
0.8700
0.6300
Diluted Earnings Per Share
0.0000
0.9700
0.8800
0.6300
Net Asset Value Per Share (NAVPS)
7.8900
2.9600
2.6400
2.6900
Additional Paid-In Capital Per Share
5.0162
0.4287
0.4287
0.6587
Retained Earnings Per Share
1.6859
1.2812
1.0480
0.9575
Net Cash Flow From Operatings Activities Per Share
0.1800
0.6300
0.7000
0.7500
Net Cash Flow Per Share
2.2337
0.0530
0.1829
0.8276

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)
1103.9078
513.5573
352.3446
318.5012
Total Liabilities(Million)
359.0653
303.789
165.3075
177.7995
Current Liabilities(Million)
338.6687
302.2761
163.5736
177.359
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
286.6741
77.8797
68.7646
68.8183
Accounts Receivables(Million)
343.0384
115.1838
101.2971
69.6454
Deposit Received(Million)
9.4683
29.3994
13.089
15.8723
Other Receivables(Million)
12.3472
3.9198
2.4957
10.3051
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
744.8425
209.7682
187.0371
125.7776
Debt ratio(%)
32.52
59.15
46.91
55.82
Equity Ratio(%)
67.4700
40.8400
53.0800
39.4900
Current Ratio
2.5535
1.1498
1.5001
1.2860
Quick Ratio
2.2686
0.9043
1.2702
0.9638

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)
398.9478
720.207
470.0749
325.8706
Net Cash Flow From Operatings Activities(Million)
17.0324
44.8097
49.7193
34.9183
Net Cash Flow From Operatings Activities Change(%)
-168.09
-9.87
42.39
1.53
Net Cash Flow(Million)
210.7944
3.7534
12.9463
38.6504
Cash From Selling Commodities/Prime Revenue(%)
82.93
132.37
110.35
115.50
Net Cash Flow/Net Profit(%)
308.04
5.19
21.13
113.45
Cash Flow From Investing Activities(Million)
-156.2696
-93.6984
-46.9738
-25.4053
Cash Flow From Financing Activities(Million)
350.0316
52.6421
10.2009
29.1375

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)
481.0794
544.0684
425.9672
282.133
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
33.0657
31.3527
21.7262
7.7515
Administrative Costs(Million)
31.1454
35.7807
27.2237
21.7998
Financing Costs(Million)
12.8905
12.5242
8.4985
7.213
Above Three Costs Change(%)
86.38
38.66
56.26
-17.64
Operating Profit(Million)
83.2679
91.3646
84.059
51.4576
Income From Investment(Million)
-
-
-0.0219
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.3572
4.8719
-1.2318
-0.2719
Total Profit(Million)
83.625
96.2365
82.8273
51.1857
Corporate Income Tax(Million)
15.1945
23.9664
21.4895
14.3166
Net Profit(Million)
68.4306
72.2701
61.2595
34.0695
Gross Profit Ratio(%)
35.08
32.64
34.79
32.29
Operating Margin(%)
17.30
16.79
19.73
18.23
Return On Equity(ROE)(%)
9.19
34.45
32.75
27.09

Announcements for Shandong Longquan Pipeline Engineering Co.,LTD

Date: 2012-07-31
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 30 July 2012, during which the following proposal(s) was/were approved:
1. Increase of projects invested with raised funds using excessive raised funds
Date: 2012-07-24
Title: PLACING SHARE LISTING
The Company's 4.68 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 26 July 2012.
Date: 2012-04-25
Title: IPO SHARE LISTING
The Company issued a total of 23.6 million shares (code:002671) in its initial public offering. Of the shares,18.92 million shares will be listed on the Shenzhen Stock Exchange on 26 April 2012 while the remainder will become tradable three months later.
Date: 2012-04-17
Title: IPO-ONLINE SUBSCRIPTION
Shandong Longquan Pipeline Engineering Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 23.600000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002671
3. Stock abbreviation: Longquan
4. Issuing volume: 23.600000 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: 4.680000 million shares
9. Online offering volume: 18.920000 million shares
10. Price: CNY21.00 per share
11. Offline subscription period: 18 April 2012
12. Online subscription date: 18 April 2012.
Date: 2012-04-10
Title: IPO
Shandong Longquan Pipeline Engineering Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 23.6000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 23.6000 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: 4.6800 million shares
7.Online offering volume:18.9200 million shares
8.IPO price inquiry period: from 11 April 2012 to 13 April 2012
9.IPO price determined: 17 April 2012
10.Offline subscription date:18 April 2012
11.Online subscription date: 18 April 2012
12.Expected listing date:N/A.