Shandong Sunway Petrochemical Engineering Co.,Ltd.



Quote for Shandong Sunway Petrochemical Engineering Co.,Ltd.

Last Trade:
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Symbol/Code:
002469
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002469 quote

Summary for Shandong Sunway Petrochemical Engineering Co.,Ltd.

SHANDONG SUNWAY PETROCHEMICAL ENGINEERING CO.,LTD. is principally engaged in the engineering design and general contracting of oil refining and chemical engineering projects. The Company is mainly involved in the engineering design and general contracting of sulfur recovering, ordinary and reduced pressure, catalytic cracking, hydro generation, delayed coking and other equipment. The Company primarily provides its services for oil refining, oil storage and transportation, inorganic chemical engineering, organic chemical engineering, as well as coal chemical industry, among others. The major clients of the Company are petrochemical enterprises, coal chemical enterprises and oil refining enterprises, including Sinopec, CNPC, Shenhua Group, Sinochem, CNOOC and China Datang Corporation, among others. The Company designs its projects in domestic market, Thailand and Kazakhstan.

Profile for Shandong Sunway Petrochemical Engineering Co.,Ltd.

Full Name:Shandong Sunway Petrochemical Engineering Co.,Ltd.
Full Name in Chinese:山东三维石化工程股份有限公司 Short Name in Chinese:三维工程
Symbol/Stock Code:
002469
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Qu Siqiu
Secretary of the Board:
Gao Yong
Phone:
+86-533-7576134,86-533-
Fax:
+86-533-7576134,86-533-
Official Website:www.sdsunway.com.cn
E-mail:sdsunway@sdsunway.com.cn
Address:No.22 Lianchang Middle Road,Linzi District,ZIBO SDG 255434
IPO Subscription Date:
2010-08-25
Listing Date:
2010-09-08
IPO Issued Capital:
16600000
IPO Price:
33.93 CNY
IPO fees:
39912700 CNY
Money Raised by IPO:
563238000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
523325300 CNY
Open(Listing day):
59.00 CNY
Close(Listing day):
61.20 CNY
Diluted P/E ratio after IPO:
60.5900
Turnover rate(listing day):
83.32%

Financials for Shandong Sunway Petrochemical Engineering Co.,Ltd.

UPDATE:2012-10-22 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)
60.8672
68.7406
51.8128
36.7989
Net Profit Growth(%)
29.62
32.67
40.79
22.27
Return On Equity(ROE)(%)
7.59
9.14
7.37
28.77
Debt ratio(%)
19.26
18.46
12.03
29.01
Net Operating Cash Flow/Net Profit(%)
-68.41
108.04
79.82
7.13

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)
0.3600
0.6100
0.5500
0.7400
Diluted Earnings Per Share
0.0000
0.6100
0.5500
0.7400
Net Asset Value Per Share (NAVPS)
4.7500
6.6800
10.6100
2.5800
Additional Paid-In Capital Per Share
2.4229
4.1262
7.7146
0.0870
Retained Earnings Per Share
1.1887
1.3426
1.6506
1.2627
Net Cash Flow From Operatings Activities Per Share
-0.2500
0.6600
0.6200
0.0500
Net Cash Flow Per Share
-0.4468
-0.4182
8.5353
-0.0028

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)
1019.5402
922.5421
801.266
180.2043
Total Liabilities(Million)
196.4274
169.1548
96.3993
52.279
Current Liabilities(Million)
196.4274
169.1548
96.3993
52.279
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
483.9496
559.4178
606.6165
41.1038
Accounts Receivables(Million)
194.1008
164.3035
89.6423
81.3393
Deposit Received(Million)
41.2821
48.879
0.3825
0.1165
Other Receivables(Million)
4.2425
0.8949
0.9724
2.9154
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
802.4457
751.9308
703.0634
127.9253
Debt ratio(%)
19.26
18.46
12.03
29.01
Equity Ratio(%)
78.7000
81.3700
87.7400
70.9800
Current Ratio
4.1887
4.5752
7.8539
2.6388
Quick Ratio
3.8170
4.3320
7.2931
2.4252

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)
247.6539
236.1572
132.3847
126.9155
Net Cash Flow From Operatings Activities(Million)
-41.6385
74.2674
41.355
2.6254
Net Cash Flow From Operatings Activities Change(%)
344.47
79.58
1475.17
-93.71
Net Cash Flow(Million)
-75.4682
-47.0987
565.4127
-0.1403
Cash From Selling Commodities/Prime Revenue(%)
90.38
91.57
74.12
86.43
Net Cash Flow/Net Profit(%)
-123.99
-68.52
1091.26
-0.38
Cash Flow From Investing Activities(Million)
-22.5682
-101.4929
-3.1594
-0.7657
Cash Flow From Financing Activities(Million)
-11.2615
-19.8732
527.217
-2

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)
274.0067
257.8982
178.6159
146.8477
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
1.6849
1.9521
1.4415
1.4955
Administrative Costs(Million)
18.9634
18.3277
11.9629
14.851
Financing Costs(Million)
-7.1341
-8.7816
-2.7124
-0.0166
Above Three Costs Change(%)
57.14
7.54
-34.53
29.58
Operating Profit(Million)
71.2981
80.0247
60.6898
43.5785
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.3051
0.01
0.1845
-0.0142
Total Profit(Million)
71.6031
80.0347
60.8743
43.5643
Corporate Income Tax(Million)
10.6888
11.6408
9.0041
6.7654
Net Profit(Million)
60.8672
68.7406
51.8128
36.7989
Gross Profit Ratio(%)
34.74
39.83
43.31
45.78
Operating Margin(%)
26.02
31.02
33.97
29.67
Return On Equity(ROE)(%)
7.59
9.14
7.37
28.77

Announcements for Shandong Sunway Petrochemical Engineering Co.,Ltd.

Date: 2012-08-22
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 21 August 2012, during which the following proposal(s) was/were approved:
1. The first phase stock option incentive plan (draft) and its summary
1.1. Intention of the stock option incentive plan
1.2. Determination principle and scope of incentive objects
1.3. Source and amount of targeted stock involved in incentive plan
1.4. Distribution results of the stock option of incentive objects
1.5. Valid period, authorization date, exercise date, lock-up period of targeted stock of the incentive plan
1.6. Exercise price of stock option and determination method of exercise price
1.7. Grant terms of stock option for incentive objects and exercise terms
1.8. Adjustment method and procedures of incentive plan
1.9. Accounting treatment of implementation of stock option incentive plan and the influence on the Company's performance
1.10. Procedures on carrying out of stock option incentive plan, grant of stock option and the incentive objects' exercise
1.11. Rights and obligations for the Company and incentive objects
1.12. Change, termination and other matters of the stock option incentive plan
2. Implementation appraisal measures on the first phase stock option incentive plan
3. Authorization to the board to handle matters in relation to the first phase stock option incentive plan
4. Amendments to the Company's articles of association
5. Plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-07-25
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 21 August 2012.

Meeting agenda:
1 The first phase stock option incentive plan (draft) and its summary
1.1 Intention of the stock option incentive plan
1.2 Determination principle and scope of incentive objects
1.3 Source and amount of targeted stock involved in incentive plan
1.4 Distribution results of the stock option of incentive objects
1.5 Valid period, authorization date, exercise date, lock-up period of targeted stock of the incentive plan
1.6 Exercise price of stock option and determination method of exercise price
1.7 Grant terms of stock option for incentive objects and exercise terms
1.8 Adjustment method and procedures of incentive plan
1.9 Accounting treatment of implementation of stock option incentive plan and the influence on the Company's performance
1.10 Procedures on carrying out of stock option incentive plan, grant of stock option and the incentive objects' exercise
1.11 Rights and obligations for the Company and incentive objects
1.12 Change, termination and other matters of the stock option incentive plan
2 Implementation appraisal measures on the first phase stock option incentive plan
3 Authorization to the board to handle matters in relation to the first phase stock option incentive plan
4 Amendments to the Company's articles of association
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 16 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: 21 August 2012
Voting code:362469
Voting abbreviation:Sunway Engineering 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 20 August 2012 to 21 August 2012.
Date: 2012-03-23
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 5.0000


Record date: 28 March 2012
Ex-date: 29 March 2012
Payment date: 29 March 2012
Listing date of the bonus issues: 29 March 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-02-22
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 22 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):5.0000.
Date: 2012-02-22
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 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution preplan
6. Change of 2012 audit firm
7. Change of the Company's registered capital
8. Amendments to the Company's articles of association
9. Amendments to the rules of procedures for general meetings
10. System for prevention of fund occupation by controlling shareholders and related parties
11. Management system for insider information in respect of controlling shareholders
12. External investment management system
13. Special report on the deposit and use of raised funds in 2011
14. Use of excessive raised funds to replenish financing gap of projects funded with raised funds
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.0000

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: 16 March 2012
Date: 2011-09-05
Title: RESTRICTED SHARE LISTING
The Company's 6800000 restricted A-shares will be listed on the Shenzhen Stock Exchange as of 08 September 2011.
Date: 2011-06-03
Title: EGM RESOLUTION
THE CO HELD ITS 1ST EGM OF 2011 ON 02JUN11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. CHANGE IN THE IMPLEMENTING LOCATION OF PROJECTS INVESTED WITH RAISED FUNDS AND USE OF PARTIAL EXCESSIVE RAISED FUNDS
Date: 2011-05-18
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:30 ON 02JUN11.

MEETING AGENDA:
1. CHANGE IN THE IMPLEMENTING LOCATION OF PROJECTS INVESTED WITH RAISED FUNDS AND USE OF PARTIAL EXCESSIVE RAISED FUNDS

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 30MAY11 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: 02JUN11
Date: 2011-04-25
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY3.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 7.00


RECORD DATE: 28APR11
EX-DATE: 29APR11
PAYMENT DATE: 29APR11
LISTING DATE OF THE BONUS ISSUES: 29APR11
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: CNY 0.300000(10 PERCENT X CNY 3.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 2.700000(CNY 3.000000- CNY0.300000)
Date: 2011-04-21
Title: AGM RESOLUTION
THE CO HELD ITS 2010 AGM ON 20APR11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. 2010 WORK REPORT OF THE BOARD OF DIRECTORS
2. 2010 WORK REPORT OF THE SUPERVISORY COMMITTEE
3. 2010 ANNUAL REPORT AND ITS SUMMARY
4. 2010 FINANCIAL RESOLUTION REPORT
5. 2010 PROFIT DISTRIBUTION PLAN
6. RE-APPOINTMENT OF AUDIT FIRM
7. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
8. THE RULES OF PROCEDURES FOR GENERAL MEETINGS
9. THE RULES OF PROCEDURES FOR THE DIRECTORS BOARD
10. THE RULES OF PROCEDURES FOR THE SUPERVISORY COMMITTEE
11. INDEPENDENT DIRECTOR WORK SYSTEM
12. THE EXTERNAL GUARANTEE MANAGEMENT MEASURES
13. CONNECTED TRANSACTIONS MANAGEMENT MEASURES
14. THE RAISED FUNDS MANAGEMENT SYSTEM
15. REMUNERATION PLAN FOR INDEPENDENT DIRECTORS
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
1) CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY3.0000
2) BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3) BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 7.00