Suzhou Boamax Technologies Group Co.,Ltd.



Quote for Suzhou Boamax Technologies Group Co.,Ltd.

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Symbol/Code:
002514
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002514 quote

Summary for Suzhou Boamax Technologies Group Co.,Ltd.

SUZHOU BOAMAX TECHNOLOGIES GROUP CO., LTD. is principally engaged in the research, development, design, manufacture and distribution of industrial grade numeral control (NC) sheet metal structural products. The Company primarily provides electricity equipment sheet metal structural products, communication equipment sheet metal structural products, medical equipment sheet metal structural products, financial equipment sheet metal structural products, new energy sheet metal structural products, as well as other sheet metal structural products. The Company distributes its products in domestic markets and to overseas markets, including the Philippines.

Profile for Suzhou Boamax Technologies Group Co.,Ltd.

Full Name:Suzhou Boamax Technologies Group Co.,Ltd.
Full Name in Chinese:苏州宝馨科技实业股份有限公司 Short Name in Chinese:宝馨科技
Symbol/Stock Code:
002514
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Ye Yunzhou
Secretary of the Board:
Zhang Haixiang
Phone:
+86-512-66729265
Fax:
+86-512-66163297
Official Website:www.boamax.com
E-mail:zqb@boamax.com
Address:No. 10, Xinting Road,Hushuguan Economic Development,Suzhou
IPO Subscription Date:
2010-11-22
Listing Date:
2010-12-03
IPO Issued Capital:
17000000
IPO Price:
23 CNY
IPO fees:
41676900 CNY
Money Raised by IPO:
391000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
349323200 CNY
Open(Listing day):
48.00 CNY
Close(Listing day):
51.30 CNY
Diluted P/E ratio after IPO:
48.9400
Turnover rate(listing day):
86.22%

Financials for Suzhou Boamax Technologies Group 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)
23.1907
38.0814
45.8808
31.9436
Net Profit Growth(%)
-43.99
-16.99
43.63
0.09
Return On Equity(ROE)(%)
4.54
7.66
9.18
30.63
Debt ratio(%)
16.51
9.47
18.37
40.95
Net Operating Cash Flow/Net Profit(%)
136.74
53.66
68.87
105.49

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)
0.2100
0.5600
0.8800
0.6300
Diluted Earnings Per Share
0.0000
0.4100
0.8700
0.6300
Net Asset Value Per Share (NAVPS)
4.6900
7.3100
7.3500
2.0500
Additional Paid-In Capital Per Share
2.7239
4.9583
4.9583
0.0949
Retained Earnings Per Share
0.8152
1.1233
1.1870
0.7656
Net Cash Flow From Operatings Activities Per Share
0.2900
0.3000
0.4600
0.6600
Net Cash Flow Per Share
0.2067
-2.1783
5.2801
-0.1261

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)
619.749
556.2608
620.719
188.1675
Total Liabilities(Million)
102.3336
52.6823
114.0538
77.0691
Current Liabilities(Million)
102.3336
52.6823
114.0538
77.0691
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
252.8148
242.1294
389.2435
27.6136
Accounts Receivables(Million)
86.4884
89.6661
74.0847
59.6817
Deposit Received(Million)
0.5712
0.8769
1.0482
1.7335
Other Receivables(Million)
3.9179
8.7147
3.6252
7.6163
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
510.6856
496.8282
499.8945
104.3018
Debt ratio(%)
16.51
9.47
18.37
40.95
Equity Ratio(%)
82.4000
89.3100
80.5300
55.4300
Current Ratio
4.1253
8.0422
4.6144
1.5953
Quick Ratio
3.4849
6.9843
4.1305
1.2394

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)
242.8006
300.6522
275.6758
170.1476
Net Cash Flow From Operatings Activities(Million)
31.7106
20.4346
31.5965
33.6959
Net Cash Flow From Operatings Activities Change(%)
24.29
-35.33
-6.23
65.83
Net Cash Flow(Million)
22.4914
-148.1236
359.0472
-6.4295
Cash From Selling Commodities/Prime Revenue(%)
112.10
104.06
103.01
98.93
Net Cash Flow/Net Profit(%)
96.98
-388.97
782.56
-20.13
Cash Flow From Investing Activities(Million)
-42.146
-101.2599
-27.1102
-10.9375
Cash Flow From Financing Activities(Million)
32.7585
-66.7867
355.3181
-28.9767

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)
216.5972
288.9145
267.6082
171.9877
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
4.992
5.3207
4.747
4.3808
Administrative Costs(Million)
26.0681
31.456
29.289
17.3694
Financing Costs(Million)
-4.5936
-3.5129
3.0558
1.0929
Above Three Costs Change(%)
7.72
-10.32
62.38
1.72
Operating Profit(Million)
27.2163
31.2628
51.792
37.8304
Income From Investment(Million)
0.0676
0.1343
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
-0.1146
12.0408
0.1839
-0.0809
Total Profit(Million)
27.1017
43.3035
51.976
37.7494
Corporate Income Tax(Million)
3.9316
5.2426
6.1211
5.7122
Net Profit(Million)
23.1907
38.0814
45.8808
31.9436
Gross Profit Ratio(%)
25.06
25.00
34.22
36.14
Operating Margin(%)
12.56
10.82
19.35
21.99
Return On Equity(ROE)(%)
4.54
7.66
9.18
30.63

Announcements for Suzhou Boamax Technologies Group Co.,Ltd.

Date: 2012-09-14
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2012 interim 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): none


Record date: 20 September 2012
Ex-date: 21 September 2012
Payment date: 21 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-09-10
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 07 September 2012, during which the following proposal(s) was/were approved:
1. 2012 interim profit distribution plan: cash dividend (tax included): CNY1.0000 per 10 shares
2. Change of independent directors
Date: 2012-08-29
Title: EGM CHANGE
Further to our previous message on 15 August 2012 about the Company's 2nd Extraordinary General Meeting of 2012, the Company announced on 29 August 2012 the following changes made with regard to the said meeting:

Additional items to be discussed:
2. Change of independent directors

Other information remains unchanged.
All the proposals of the meeting are sequenced as follows:
1. 2012 interim profit distribution plan: cash dividend (tax included): CNY1.0000 per 10 shares
2. Change of independent directors
Date: 2012-08-15
Title: INTERIM DIVIDEND
The Company issued its 2012 interim report on 15 August 2012.

The profit distribution proposal for 2012:
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):none.
Date: 2012-08-15
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 10:00 on 07 September 2012.

Meeting agenda:
1. 2012 interim profit distribution plan: cash dividend (tax included): CNY1.0000 per 10 shares


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 30 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: from 04 September 2012 to 04 September 2012
Date: 2012-08-14
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 13 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Amendments to financing and external guarantee management system
3. Formulation of plan on the shareholders' return for the next three years from 2012 to 2014
Date: 2012-07-27
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 13 August 2012.

Meeting agenda:
1 Amendments to the Company's articles of association
2 Amendments to financing and external guarantee management system
3 Formulation of 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 03 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: 09 August 2012
Date: 2012-06-05
Title: BONUS ISSUE IMPLEMENTATION
2011 final distribution plan to be implemented (A shares):

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): 6.0000

Record date: 08 June 2012
Ex-date: 11 June 2012
Payment date: 11 June 2012
Listing date of the bonus issues: 11 June 2012.
Date: 2012-05-18
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 17 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 financial resolution report
4. 2012 financial budget report
5. 2011 profit distribution plan
6. 2011 annual report
7. Reappointment of audit firm
8. Application for comprehensive credit line to a bank
9. Application for comprehensive credit line to another bank
10. Purchase of bank financing products with idle proprietary funds
11. Amendments to the Company's articles of association
12. 2012 remuneration for supervisors
13. 2012 remuneration for directors
14. Amendments to the Company's rules of procedures governing the board meetings
15. Amendments to the Company's rules of procedures governing meetings of the supervisory committee
16. Amendments to work system for independent directors
17. Amendments to management system on major business and investment decision-making
18. Amendments to management system on the investment in securities
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): 6.00.
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): CNY0.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):6.0000.