Sinoer Men’s Wear Co.,Ltd.



Quote for Sinoer Men’s Wear Co.,Ltd.

Last Trade:
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Symbol/Code:
002485
Status:
-
Stock Type:
A Share
Market Cap:
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Bid:
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Ask:
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Volume(*100):
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Update:-
Currency in CNY Time=UTC+8002485 quote

Summary for Sinoer Men’s Wear Co.,Ltd.

Sinoer Men's Wear Co., Ltd. is principally engaged in the design, manufacture and marketing of suits, shirts and other garments. The Company distributes its products under the brand name of Sinoer. The Company sells its apparel products through wholly owned stores, franchise stores, group orders, original equipment manufacturing (OEM) services and online direct marketing, among others. The Company distributes its products in domestic and overseas markets.

Profile for Sinoer Men’s Wear Co.,Ltd.

Full Name:Sinoer Men’s Wear Co.,Ltd.
Full Name in Chinese:希努尔男装股份有限公司 Short Name in Chinese:希 努 尔
Symbol/Stock Code:
002485
Listed in:
Shanghai Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wang Guibo
Secretary of the Board:
Wang Runtian
Phone:
+86-536-6076188
Fax:
+86-536-6076188
Official Website:www.sinoer.com
E-mail:sinoer0899@sinoer.cn
Address:Sinoer Menswear Industrial Park,No. 58, Donghuan Road, Zhucheng ,WEIFANG SDG 262200
IPO Subscription Date:
2010-09-27
Listing Date:
2010-10-15
IPO Issued Capital:
50000000
IPO Price:
26.6 CNY
IPO fees:
60506000 CNY
Money Raised by IPO:
1330000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1269494000 CNY
Open(Listing day):
27.00 CNY
Close(Listing day):
27.00 CNY
Diluted P/E ratio after IPO:
48.3600
Turnover rate(listing day):
64.06%

Financials for Sinoer Men’s Wear 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)
95.445
199.0707
143.6441
111.0064
Net Profit Growth(%)
1.20
38.58
29.40
6.19
Return On Equity(ROE)(%)
4.89
10.17
7.73
24.89
Debt ratio(%)
20.67
12.20
19.89
53.48
Net Operating Cash Flow/Net Profit(%)
26.61
41.95
68.48
196.51

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)
0.3000
1.0000
0.8800
0.7400
Diluted Earnings Per Share
0.0000
0.9900
0.8800
0.7400
Net Asset Value Per Share (NAVPS)
6.1000
9.7900
9.3000
2.9700
Additional Paid-In Capital Per Share
3.9438
6.9101
6.9101
1.0836
Retained Earnings Per Share
0.9959
1.6162
1.2204
0.7654
Net Cash Flow From Operatings Activities Per Share
0.0800
0.4200
0.4900
1.4500
Net Cash Flow Per Share
-0.6594
-4.5951
5.8878
0.6928

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)
2462.7089
2230.4639
2320.8388
958.7463
Total Liabilities(Million)
509.1273
272.3274
461.773
512.8185
Current Liabilities(Million)
488.4873
251.4874
240.723
473.1785
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
208.7455
452.3223
1372.2762
185.2113
Accounts Receivables(Million)
216.5693
127.5351
77.5297
60.4495
Deposit Received(Million)
39.8265
39.8561
55.836
79.6166
Other Receivables(Million)
9.3002
7.3727
7.1371
5.724
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1953.5815
1958.1365
1859.0658
445.9278
Debt ratio(%)
20.67
12.20
19.89
53.48
Equity Ratio(%)
79.3200
87.7900
80.1000
46.5100
Current Ratio
3.4854
5.9096
7.4190
1.1671
Quick Ratio
2.6920
4.6698
6.3676
0.6959

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)
775.1369
1261.9784
1107.8212
1004.829
Net Cash Flow From Operatings Activities(Million)
25.394
83.5061
98.3672
218.1426
Net Cash Flow From Operatings Activities Change(%)
16.80
-15.11
-54.91
82.98
Net Cash Flow(Million)
-210.9962
-919.0124
1177.5669
103.9214
Cash From Selling Commodities/Prime Revenue(%)
98.90
109.95
110.47
118.24
Net Cash Flow/Net Profit(%)
-221.07
-461.65
819.78
93.62
Cash Flow From Investing Activities(Million)
-364.2934
-692.392
-160.4503
-170.5732
Cash Flow From Financing Activities(Million)
127.7841
-309.4374
1240.7422
56.71

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)
783.7247
1147.7971
1002.8463
849.8218
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
173.7853
200.8553
155.0352
133.656
Administrative Costs(Million)
42.7728
55.8271
48.2497
43.7219
Financing Costs(Million)
1.3973
-10.2625
11.7492
11.2439
Above Three Costs Change(%)
19.79
14.60
14.00
-3.44
Operating Profit(Million)
91.0258
232.7388
172.3236
123.0968
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
20.3075
1.6965
-0.0844
-0.0799
Total Profit(Million)
111.3332
234.4354
172.2392
123.0169
Corporate Income Tax(Million)
15.8882
35.3647
28.5951
12.0105
Net Profit(Million)
95.445
199.0707
143.6441
111.0064
Gross Profit Ratio(%)
41.21
43.05
38.88
37.37
Operating Margin(%)
11.61
20.27
17.18
14.48
Return On Equity(ROE)(%)
4.89
10.17
7.73
24.89

Announcements for Sinoer Men’s Wear Co.,Ltd.

Date: 2012-09-05
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:30 on 07 September 2012.

Meeting agenda:
1. Shareholder return plan for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
3. Additional application for bank credit line
4. The Company's eligibility for issuance of corporate bonds
5. Scheme for the Company's issuance of corporate bonds
5.1. Issuing volume and method
5.2. Interest rate and the determining method
5.3. Issuance targets and arrangement for placement to shareholders
5.4. Bond duration
5.5. Purpose of the raised funds
5.6. Exchange to be listed in
5.7. Guarantee clauses
5.8. The valid period of the resolution on corporate bond issue
5.9. Repayment guarantee measures
6. Mandate to the board to handle matters related to the corporate bonds issue


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 03 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 04 September 2012 to 04 September 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: 07 September 2012
Voting code:362485
Voting abbreviation:Sinoer Men's Wear voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 06 September 2012 to 07 September 2012.
Date: 2012-08-23
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:30 on 07 September 2012.

Meeting agenda:
1. Shareholder return plan for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
3. Additional application for bank credit line
4. The Company's eligibility for issuance of corporate bonds
5. Scheme for the Company's issuance of corporate bonds
5.1. Issuing volume and method
5.2. Interest rate and the determining method
5.3. Issuance targets and arrangement for placement to shareholders
5.4. Bond duration
5.5. Purpose of the raised funds
5.6. Exchange to be listed in
5.7. Guarantee clauses
5.8. The valid period of the resolution on corporate bond issue
5.9. Repayment guarantee measures
6. Mandate to the board to handle matters related to the corporate bonds issue


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 03 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 04 September 2012 to 04 September 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: 07 September 2012
Voting code:362485
Voting abbreviation:Sinoer Men's Wear 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 06 September 2012 to 07 September 2012.
Date: 2012-05-08
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY5.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 6.0000


Record date: 15 May 2012
Ex-date: 16 May 2012
Payment date: 16 May 2012
Listing date of the bonus issues: 16 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: CNY0.50000000(10 percent x CNY5.00000000)
Net cash dividend/10 shares after tax: CNY4.50000000(CNY5.00000000- CNY0.50000000)
Date: 2012-03-20
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 19 March 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
6. 2012 continuing connected transactions
7. Application for bank credit line
8. Re-appointment of audit firm
9. Remuneration for directors, supervisors
10. Amendments to the Company's articles of association
11. Amendments to the rules of procedures for general meetings
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY5.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 6.00.
Date: 2012-02-28
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 28 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY5.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):6.0000.
Date: 2012-02-28
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 14:30 on 19 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 plan
6. 2012 continuing connected transactions
7. Application for bank credit line
8. Re-appointment of audit firm
9. Remuneration for directors, supervisors
10. Amendments to the Company's articles of association
11. Amendments to the rules of procedures for general meetings
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY5.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 6.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 12 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: 15 March 2012
Date: 2011-10-13
Title: RESTRICTED SHARE LISTING
The Company's 12750000 restricted A-shares will be listed on the Shenzhen Stock Exchange as of 17 October 2011.
Date: 2011-09-07
Title: EGM RESOLUTION
The Company held its 2nd EGM of 2011 on 06 September 2011, during which the following proposal(s) was/were approved:
1. Nomination of non-independent director candidates, including Wang Guibo, Wang Jinling, Zhang Zuoyan, Guan Yan, Chen Yujian
2. Nomination of independent director candidates, including Jiang Hengjie, Xu Guangning, Zhang Cuilan, Fan Hongyi
3. Nomination of shareholder representative supervisor candidates, including Wu Tieji, Wang Xinhong
4. Amendments to the rules of procedures for general meeting of shareholders
5. Amendments to the rules of procedures for the board of directors
6. Amendments to the rules of procedures for the supervisory committee
7. Partial adjustment to the implementation manner and time of a project
8. Extension of the construction period of a project.
Date: 2011-08-19
Title: EGM-SPOT
The Company will hold the 2ND EGM OF 2011 at 10:00 on 06 September 2011.

Meeting agenda:
1. Nomination of non-independent director candidates, including Wang Guibo, Wang Jinling, Zhang Zuoyan, Guan Yan, Chen Yujian
2. Nomination of independent director candidates, including Jiang Hengjie, Xu Guangning, Zhang Cuilan, Fan Hongyi
3. Nomination of shareholder representative supervisor candidates, including Wu Tieji, Wang Xinhong
4. Amendments to the rules of procedures for general meeting of shareholders
5. Amendments to the rules of procedures for the board of directors
6. Amendments to the rules of procedures for the supervisory committee
7. Partial adjustment to the implementation manner and time of a project
8. Extension of the construction period of a project

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 31 August 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: 01 September 2011
Date: 2011-06-16
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY5.000000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): NONE


RECORD DATE: 22JUN11
EX-DATE: 23JUN11
PAYMENT DATE: 23JUN11

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: CNY0.500000(10 PERCENT X CNY5.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY4.500000(CNY5.000000- CNY0.500000)