SUZHOU YANGTZE NEW MATERIALS CO.,LTD.



Quote for SUZHOU YANGTZE NEW MATERIALS CO.,LTD.

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Symbol/Code:
002652
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002652 quote

Summary for SUZHOU YANGTZE NEW MATERIALS CO.,LTD.

Suzhou Yangtze New Materials Co Ltd is principally engaged in the research, development, production and distribution of organic coating boards and related substrates. The Company primarily provides organic coating board series products, including general organic coating boards and functional organic coating boards, as well as substrate products. The Company's organic coating board products are mainly used for the manufacturing of new type energy saving environment protection wall materials and home appliances. Its products are applied in construction, home appliance, food, cosmetics, medicine, medical treatment, information technology (IT), electronics, photovoltaic manufacturing and other industries.

Profile for SUZHOU YANGTZE NEW MATERIALS CO.,LTD.

Full Name:SUZHOU YANGTZE NEW MATERIALS CO.,LTD.
Full Name in Chinese:苏州扬子江新型材料股份有限公司 Short Name in Chinese:扬子新材
Symbol/Stock Code:
002652
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Hu Weilin
Secretary of the Board:
Jin Yueguo
Phone:
+86-0512-68327201
Fax:
+86-0512-68073999
Official Website:www.yzjnm.com
E-mail:jyg@yzjnm.com
Address:No.88,Chunfeng Road, Panyang Industria,SUZHOU JNG 215143
IPO Subscription Date:
2012-01-11
Listing Date:
2012-01-19
IPO Issued Capital:
26680000
IPO Price:
10.1 CNY
IPO fees:
24344800 CNY
Money Raised by IPO:
269468000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
245123200 CNY
Open(Listing day):
12.20 CNY
Close(Listing day):
13.06 CNY
Diluted P/E ratio after IPO:
18.7400
Turnover rate(listing day):
88.13%

Financials for SUZHOU YANGTZE NEW MATERIALS CO.,LTD.

UPDATE:2012-10-26 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)
29.3327
58.6435
57.5583
37.3937
Net Profit Growth(%)
-28.83
1.88
53.92
68.78
Return On Equity(ROE)(%)
5.50
21.79
27.34
24.45
Debt ratio(%)
29.59
52.45
67.50
68.58
Net Operating Cash Flow/Net Profit(%)
-628.41
27.41
33.45
363.92

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)
0.2700
0.7300
0.7200
0.4700
Diluted Earnings Per Share
0.0000
0.7200
0.7200
0.4500
Net Asset Value Per Share (NAVPS)
5.0000
3.3600
2.6300
1.9100
Additional Paid-In Capital Per Share
2.3792
0.4422
0.4422
0.4422
Retained Earnings Per Share
1.4725
1.7302
1.0705
0.4230
Net Cash Flow From Operatings Activities Per Share
-1.7300
0.2000
0.2400
1.7000
Net Cash Flow Per Share
0.5838
0.3206
0.0775
0.6605

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)
756.9492
566.1769
647.8012
486.9827
Total Liabilities(Million)
223.9887
297.0043
437.2721
334.0118
Current Liabilities(Million)
223.9887
297.0043
437.2721
334.0118
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
234.2864
172.0067
173.3563
159.4587
Accounts Receivables(Million)
37.1321
21.9336
12.4594
4.7506
Deposit Received(Million)
50.4134
23.9906
73.1222
21.7554
Other Receivables(Million)
-
0.068
5.2546
4.5235
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
532.9606
269.1726
210.5291
152.9709
Debt ratio(%)
29.59
52.45
67.50
68.58
Equity Ratio(%)
70.4000
47.5400
32.4900
31.4100
Current Ratio
2.5730
1.2409
0.9984
0.7543
Quick Ratio
1.9395
0.9850
0.7731
0.5548

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)
1064.0391
1646.3803
1439.0286
1057.9632
Net Cash Flow From Operatings Activities(Million)
-184.3284
16.0743
19.2542
136.0825
Net Cash Flow From Operatings Activities Change(%)
141.99
-16.52
-85.85
305.60
Net Cash Flow(Million)
62.2796
25.6504
6.1976
52.8423
Cash From Selling Commodities/Prime Revenue(%)
114.91
108.09
111.91
116.54
Net Cash Flow/Net Profit(%)
212.32
43.74
10.77
141.31
Cash Flow From Investing Activities(Million)
-18.9113
-7.7502
-9.7112
-0.5994
Cash Flow From Financing Activities(Million)
265.4862
17.8117
-1.906
-82.6407

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)
926.0106
1523.1164
1285.9006
907.7982
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
9.9578
13.0347
14.0677
8.6203
Administrative Costs(Million)
38.5212
64.0812
55.0218
38.6891
Financing Costs(Million)
0.3487
0.8971
5.1016
5.8589
Above Three Costs Change(%)
-13.70
5.15
39.54
27.91
Operating Profit(Million)
31.3255
66.6754
67.588
42.5101
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.1565
1.4848
0.1246
1.5405
Total Profit(Million)
34.482
68.1602
67.7126
44.0506
Corporate Income Tax(Million)
5.1493
9.5167
10.1543
6.6569
Net Profit(Million)
29.3327
58.6435
57.5583
37.3937
Gross Profit Ratio(%)
8.73
9.64
11.28
10.63
Operating Margin(%)
3.38
4.37
5.25
4.68
Return On Equity(ROE)(%)
5.50
21.79
27.34
24.45

Announcements for SUZHOU YANGTZE NEW MATERIALS CO.,LTD.

Date: 2012-09-13
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 12 September 2012, during which the following proposal(s) was/were approved:
1. To continue to temporarily replenish working capital with idle raised funds
Date: 2012-08-28
Title: EGM-ONLINE
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:30 on 12 September 2012.

Meeting agenda:
1. To continue to temporarily replenish working capital with idle raised funds


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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 07 September 2012 to 07 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: 12 September 2012
Voting code:362652
Voting abbreviation:Yangtze New Materials 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 11 September 2012 to 12 September 2012.
Date: 2012-08-01
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 31 July 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Perfection of amendment to the Company's articles of association
Date: 2012-07-20
Title: EGM CHANGE
Further to our previous message on 11 July 2012 about the Company's 2nd Extraordinary General Meeting of 2012, the Company announced on 20 July 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) Meeting Date:20120731 09:30:00

Other information remains unchanged.
Date: 2012-07-11
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 26 July 2012.

Meeting agenda:
1. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 23 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: 25 July 2012
Date: 2012-05-16
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
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): none


Record date: 22 May 2012
Ex-date: 23 May 2012
Payment date: 23 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-09
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 08 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. 2011 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
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): none.
Date: 2012-04-18
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 18 April 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):none.
Date: 2012-04-18
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 08 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 annual report and its summary
5. 2011 profit distribution plan
6. Reappointment of audit firm
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): none

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 03 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: 07 May 2012
Date: 2012-04-16
Title: PLACING SHARE LISTING
The Company's 5.32 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 19 April 2012.