Shenzhen Ruihe Construction Decoration Co.,Ltd.



Quote for Shenzhen Ruihe Construction Decoration Co.,Ltd.

Last Trade:
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Symbol/Code:
002620
Status:
-
Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002620 quote

Summary for Shenzhen Ruihe Construction Decoration Co.,Ltd.

SHENZHEN RUIHE CONSTRUCTION DECORATION CO., LTD. is principally engaged in the construction and design of public building decoration engineering and residential housing decoration engineering. The Company operates its businesses primarily through the construction of public buildings, such as hotels, governments, financial organizations, airports and subway stations, among others, as well as the construction of housing decoration engineering and building decoration design. During the year ended December 31, 2010, the Company obtained approximately 66.5% and 32.53% of its total revenue from public building decoration engineering and housing decoration engineering, respectively.

Profile for Shenzhen Ruihe Construction Decoration Co.,Ltd.

Full Name:Shenzhen Ruihe Construction Decoration Co.,Ltd.
Full Name in Chinese:深圳瑞和建筑装饰股份有限公司 Short Name in Chinese:瑞和股份
Symbol/Stock Code:
002620
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Jieping
Secretary of the Board:
Chen Yuhui
Phone:
+86-755-83762255
Fax:
+86-755-83768373
Official Website:www.sz-ruihe.com
E-mail:szruihezs@gmail.com
Address:West 9-10F, Building 4,,Saige Science Park, Huaqiang Nor,SHENZHEN 518028
IPO Subscription Date:
2011-09-20
Listing Date:
2011-09-29
IPO Issued Capital:
20000000
IPO Price:
30 CNY
IPO fees:
38491400 CNY
Money Raised by IPO:
600000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
561508600 CNY
Open(Listing day):
27.77 CNY
Close(Listing day):
27.32 CNY
Diluted P/E ratio after IPO:
40.0000
Turnover rate(listing day):
28.19%

Financials for Shenzhen Ruihe Construction Decoration Co.,Ltd.

UPDATE:2012-10-23 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)
62.8312
68.3181
60.3102
14.6137
Net Profit Growth(%)
22.09
13.27
312.69
-33.82
Return On Equity(ROE)(%)
7.05
8.24
30.69
10.73
Debt ratio(%)
49.02
45.61
68.23
68.95
Net Operating Cash Flow/Net Profit(%)
-94.41
38.60
120.71
136.01

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)
0.5200
1.0500
1.0100
0.2400
Diluted Earnings Per Share
0.0000
0.9800
1.0000
0.2300
Net Asset Value Per Share (NAVPS)
7.4300
10.3600
3.2800
2.2700
Additional Paid-In Capital Per Share
4.6895
7.5343
1.0206
1.0206
Retained Earnings Per Share
1.5192
1.6134
1.1266
0.2256
Net Cash Flow From Operatings Activities Per Share
-0.4900
0.3300
1.2100
0.3300
Net Cash Flow Per Share
-1.4114
3.4355
1.0603
0.1756

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)
1748.3889
1524.2358
618.7554
438.8631
Total Liabilities(Million)
857.2314
695.2119
422.2167
302.6346
Current Liabilities(Million)
854.5449
695.0154
412.5203
292.9381
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
452.0885
670.4622
132.1232
68.5057
Accounts Receivables(Million)
918.5591
662.8645
358.0302
211.0967
Deposit Received(Million)
15.5818
14.5732
7.038
33.755
Other Receivables(Million)
27.8008
21.9723
15.8873
13.3091
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
891.1575
829.0239
196.5387
136.2285
Debt ratio(%)
49.02
45.61
68.23
68.95
Equity Ratio(%)
50.9700
54.3800
31.7600
31.0400
Current Ratio
1.7907
2.1054
1.3951
1.3525
Quick Ratio
1.6862
1.9912
1.2507
1.0816

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)
667.5706
857.8814
789.9083
510.1376
Net Cash Flow From Operatings Activities(Million)
-59.3171
26.3703
72.8015
19.876
Net Cash Flow From Operatings Activities Change(%)
-4.70
-63.78
266.28
-15.31
Net Cash Flow(Million)
-169.3737
274.839
63.6175
10.5341
Cash From Selling Commodities/Prime Revenue(%)
63.54
65.30
78.04
74.64
Net Cash Flow/Net Profit(%)
-269.57
402.29
105.48
72.08
Cash Flow From Investing Activities(Million)
-96.5215
-287.6816
-5.6341
-8.4832
Cash Flow From Financing Activities(Million)
-13.5351
536.1502
-3.5499
-0.8587

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)
1050.6708
1313.712
1012.1679
683.4926
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
8.5653
3.8878
1.2868
0.3802
Administrative Costs(Million)
23.0535
27.5804
19.5818
31.2908
Financing Costs(Million)
-10.6729
-1.9631
1.4676
1.6976
Above Three Costs Change(%)
8.07
32.10
-33.06
121.22
Operating Profit(Million)
72.3687
86.0926
77.8514
20.8724
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
11.4063
4.6434
0.2299
0.77
Total Profit(Million)
83.7749
90.7361
78.0813
21.6423
Corporate Income Tax(Million)
20.9437
22.418
17.7711
7.0287
Net Profit(Million)
62.8312
68.3181
60.3102
14.6137
Gross Profit Ratio(%)
13.89
13.90
13.06
12.60
Operating Margin(%)
6.88
6.55
7.69
3.05
Return On Equity(ROE)(%)
7.05
8.24
30.69
10.73

Announcements for Shenzhen Ruihe Construction Decoration Co.,Ltd.

Date: 2012-09-26
Title: RESTRICTED SHARE LISTING
Among the Company's 27003600 restricted shares to be unlocked on 08 October 2012, 21966450 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-08-23
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 22 August 2012, during which the following proposal(s) was/were approved:
1. Demonstration report on shareholder return planning
2. Formulation of dividend management system
3. Amendments to the Company's articles of association
4. Shareholder return plan for the next three years from 2012 to 2014
Date: 2012-08-03
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 22 August 2012.

Meeting agenda:
1. Demonstration report on shareholder return planning
2. Formulation of dividend management system
3. Amendments to the Company's articles of association
4. Shareholder return plan 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 20 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
Date: 2012-07-05
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 04 July 2012, during which the following proposal(s) was/were approved:
1. Expansion of the Company's business scope and to handle the changes in the industrial and commercial registration
2. Amendments to the Company's articles of association
3. Adjustment to plan for project invested with raised fund.
Date: 2012-07-05
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 5.0000


Record date: 11 July 2012
Ex-date: 12 July 2012
Payment date: 12 July 2012
Listing date of the bonus issues: 12 July 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: CNY0.12000000(10 percent x CNY1.20000000)
Net cash dividend/10 shares after tax: CNY1.08000000(CNY1.20000000- CNY0.12000000)
Date: 2012-06-13
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 04 July 2012.

Meeting agenda:
1. Expansion of the Company's business scope and to handle the changes in the industrial and commercial registration
2. Amendments to the Company's articles of association
3. Adjustment to plan for project invested with raised fund

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 02 July 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 July 2012
Date: 2012-05-24
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 23 May 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. 2011 profit distribution plan and bonus issue from capital reserve
6. 2011 special report on the deposit and use of raised funds
7. Implementation results of 2011 continuing connected transactions
8. 2012 continuing connected transactions estimate
9. Reappointment of audit firm
10. 2012 remuneration scheme for directors and senior management
11. 2012 remuneration scheme for supervisors
12. Change of supervisors
13. Amendments to the management measures for external guarantee
14. Formulation of the appointment system for audit firms
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 5.00.
Date: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):5.0000.
Date: 2012-04-25
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 23 May 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 plan and bonus issue from capital reserve
6. 2011 special report on the deposit and use of raised funds
7. Implementation results of 2011 continuing connected transactions
8. 2012 continuing connected transactions estimate
9. Reappointment of audit firm
10. 2012 remuneration scheme for directors and senior management
11. 2012 remuneration scheme for supervisors
12. Change of supervisors
13. Amendments to the management measures for external guarantee
14. Formulation of the appointment system for audit firms
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
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 21 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: 22 May 2012
Date: 2011-12-27
Title: PLACING SHARE LISTING
The Company's 4 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 29 December 2011.