Shanghai Bairun Flavor & Fragrance Co.,Ltd.



Quote for Shanghai Bairun Flavor & Fragrance Co.,Ltd.

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Symbol/Code:
002568
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002568 quote

Summary for Shanghai Bairun Flavor & Fragrance Co.,Ltd.

Shanghai Bairun Flavor & Fragrance Co.,Ltd is principally engaged in the research, development, production and distribution of edible essences and essences for cigarette use. The Company's edible essences are mainly used for dairy products, drinks, candies, baking products, ice products, seasoning products, leisure products, quick-frozen foods and meat products. Its essences for cigarette use are primarily used in flue-cured tobacco and mixed type tobacco. The Company's essence products are also used in oral cavity nursing products. The Company distributes its products mainly within domestic markets. During the year ended December 31, 2010, the Company obtained approximately 54% and 46% of its total revenue from the sale of its edible essences and essences for cigarette use, respectively.

Profile for Shanghai Bairun Flavor & Fragrance Co.,Ltd.

Full Name:Shanghai Bairun Flavor & Fragrance Co.,Ltd.
Full Name in Chinese:上海百润香精香料股份有限公司 Short Name in Chinese:百润股份
Symbol/Stock Code:
002568
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Liu Xiaodong
Secretary of the Board:
Cheng Xiandong
Phone:
+86-21-58135000
Fax:
+86-21-58136000
Official Website:www.bairun.net
E-mail:bairun@bairun.net
Address:No.558 Kangqiao East Road,Kangqiao Industrial District,,SHANGHAI SHA 201319
IPO Subscription Date:
2011-03-16
Listing Date:
2011-03-25
IPO Issued Capital:
20000000
IPO Price:
26 CNY
IPO fees:
43816000 CNY
Money Raised by IPO:
520000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
476184000 CNY
Open(Listing day):
33.00 CNY
Close(Listing day):
33.61 CNY
Diluted P/E ratio after IPO:
51.3800
Turnover rate(listing day):
86.48%

Financials for Shanghai Bairun Flavor & Fragrance Co.,Ltd.

UPDATE:2012-10-17 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)
58.8121
46.4817
42.9258
35.4637
Net Profit Growth(%)
76.84
8.28
21.04
81.16
Return On Equity(ROE)(%)
9.49
7.63
36.23
33.60
Debt ratio(%)
2.96
2.25
32.55
7.65
Net Operating Cash Flow/Net Profit(%)
101.31
78.89
91.69
124.65

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)
0.3700
0.6200
0.7200
0.5900
Diluted Earnings Per Share
0.0000
0.5800
0.6700
0.5000
Net Asset Value Per Share (NAVPS)
3.8700
7.6100
1.9700
1.7593
Additional Paid-In Capital Per Share
2.3563
5.7126
0.0137
0.0137
Retained Earnings Per Share
0.3564
0.6502
0.7418
0.6337
Net Cash Flow From Operatings Activities Per Share
0.3700
0.4600
0.6600
0.7400
Net Cash Flow Per Share
-0.0265
5.3732
-0.4258
0.1036

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)
638.908
623.2094
175.682
114.31
Total Liabilities(Million)
18.9479
14.0614
57.1997
8.7536
Current Liabilities(Million)
18.9479
14.0614
57.1997
8.7536
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
445.1908
449.4257
19.57
45.1209
Accounts Receivables(Million)
31.1426
27.2318
19.6672
10.7419
Deposit Received(Million)
0.0117
0.2065
0.0126
0.0369
Other Receivables(Million)
15.355
15.2667
20.8766
16.8009
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
619.9601
609.1479
118.4823
105.5564
Debt ratio(%)
2.96
2.25
32.55
7.65
Equity Ratio(%)
97.0300
97.7400
67.4400
92.3400
Current Ratio
26.8709
36.3522
1.2287
9.4314
Quick Ratio
26.2454
35.6456
1.0699
8.5449

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)
142.267
130.1185
117.705
115.8727
Net Cash Flow From Operatings Activities(Million)
59.5834
36.6711
39.3605
44.2063
Net Cash Flow From Operatings Activities Change(%)
176.07
-6.83
-10.96
43.25
Net Cash Flow(Million)
-4.2476
429.8557
-25.5509
6.2155
Cash From Selling Commodities/Prime Revenue(%)
112.79
110.33
108.11
126.72
Net Cash Flow/Net Profit(%)
-7.22
924.79
-59.52
17.53
Cash Flow From Investing Activities(Million)
-20.5314
-9.3641
-76.4222
-22.0162
Cash Flow From Financing Activities(Million)
-43.2997
402.5486
11.5107
-15.9747

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)
126.1376
117.9307
108.8759
91.442
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
9.4828
11.6067
9.4432
8.3645
Administrative Costs(Million)
26.8957
30.3632
22.4041
20.4036
Financing Costs(Million)
-10.0827
-9.0067
0.1206
0.5243
Above Three Costs Change(%)
11.53
3.11
9.13
14.04
Operating Profit(Million)
67.0759
50.4927
46.9647
39.5317
Income From Investment(Million)
-
-
0.0158
4.7512
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.7654
3.9228
2.8786
1.3944
Total Profit(Million)
67.8414
54.4154
49.8433
40.9261
Corporate Income Tax(Million)
9.0292
7.9338
6.9175
5.4623
Net Profit(Million)
58.8121
46.4817
42.9258
35.4637
Gross Profit Ratio(%)
74.73
71.62
73.27
71.02
Operating Margin(%)
53.17
42.81
43.13
43.23
Return On Equity(ROE)(%)
9.49
7.63
36.23
33.60

Announcements for Shanghai Bairun Flavor & Fragrance Co.,Ltd.

Date: 2012-09-19
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2012 interim distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY6.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 26 September 2012
Ex-date: 27 September 2012
Payment date: 27 September 2012
Listing date of the bonus issues: 27 September 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: CNY0.60000000(10 percent x CNY6.00000000)
Net cash dividend/10 shares after tax: CNY5.40000000(CNY6.00000000- CNY0.60000000)
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. 2012 interim profit distribution plan: 1) cash dividend/10 shares (tax included): CNY6.0000 2) bonus issue from capital reserve (share/10 shares): 10.00
2. Change of the Company's registered capital, amendments to the articles of association and handling of industrial and commercial registration change
Date: 2012-08-02
Title: INTERIM DIVIDEND
The Company issued its 2012 interim report on 02 August 2012.

The profit distribution proposal for 2012:
1. Cash dividend/10 shares (tax included): CNY6.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-08-02
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 21 August 2012.

Meeting agenda:
1. 2012 interim profit distribution plan: 1) cash dividend/10 shares (tax included): CNY6.0000 2) bonus issue from capital reserve (share/10 shares): 10.00
2. Change of the Company's registered capital, amendments to the articles of association and handling of industrial and commercial registration change


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: 2012-04-23
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 20 April 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 annual report and its summary
4. 2011 financial resolution report
5. Internal control self-evaluation report
6. Special report on the deposit and use of raised funds
7. 2011 profit distribution plan
8. Reappointment of audit firm
9. Election of director and independent director, including Wang Yizhen, Yao Yi
10. Election of supervisor, including Xie Lin
11. 2012 remuneration for directors and senior management
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-03-28
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 28 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-03-28
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 20 April 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. Internal control self-evaluation report
6. Special report on the deposit and use of raised funds
7. 2011 profit distribution plan
8. Reappointment of audit firm
9. Election of director and independent director, including Wang Yizhen, Yao Yi
10. Election of supervisor, including Xie Lin
11. 2012 remuneration for directors and senior management
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
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 13 April 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: 19 April 2012
Date: 2012-03-21
Title: RESTRICTED SHARE LISTING
Among the Company's 24020000 restricted shares to be unlocked on 26 March 2012, 24020000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2011-10-26
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2011 at 09:30 on 18 November 2011.

Meeting agenda:
1. Re-election of directors including Liu Xiaodong, Xie Lin, Zhang Qizhong, Cheng Xiandong, Tang Yunwei, Wu Mingde, Xiao Zuobing
2. Re-election of supervisors including Yu Xiaochun, Lin Liying

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 11 November 2011 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 November 2011
Date: 2011-08-24
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 interim distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 30 August 2011
Ex-date: 31 August 2011
Payment date: 31 August 2011

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: CNY0.40000000(10 percent x CNY4.00000000)
Net cash dividend/10 shares after tax: CNY3.60000000(CNY4.00000000- CNY0.40000000)