Western Securities Co., Ltd



Quote for Western Securities Co., Ltd

Last Trade:
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Change:
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Symbol/Code:
002673
Status:
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Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002673 quote

Summary for Western Securities Co., Ltd

WESTERN SECURITIES CO., LTD is a company principally engaged in security industry. The Company operates its businesses through securities brokerage business, which includes agent trading of stocks, funds, bonds and financial products; asset management business, which includes financial planning services, oriented asset management and direct investment; investment banking business, which includes initial public offering (IPO) securities underwriting and bonds underwriting; securities proprietary trading business, which includes self-operated trading of stocks, bonds, warrants and securities investment funds, as well as securities research business, among others.

Profile for Western Securities Co., Ltd

Full Name:Western Securities Co., Ltd
Full Name in Chinese:西部证券股份有限公司 Short Name in Chinese:西部证券
Symbol/Stock Code:
002673
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Liu Jianwu
Secretary of the Board:
Wang Baohui
Phone:
+86-29-87406171
Fax:
+86-29-87406372
Official Website:www.westsecu.com
E-mail:wangbh@xbmail.com.cn
Address:16-17F,Trust Mansion, No. 232, Dongxin ,XI’AN SHA 710004
IPO Subscription Date:
2012-04-23
Listing Date:
2012-05-03
IPO Issued Capital:
200000000
IPO Price:
8.7
IPO fees:
68378700 CNY
Money Raised by IPO:
1740000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1671621300 CNY
Open(Listing day):
- CNY
Close(Listing day):
- CNY
Diluted P/E ratio after IPO:
48.3300
Turnover rate(listing day):
-%

Financials for Western Securities 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)
164.3717
223.2371
537.0841
791.5809
Net Profit Growth(%)
-37.32
-58.43
-32.15
97.93
Return On Equity(ROE)(%)
3.28
7.03
17.19
27.89
Debt ratio(%)
53.59
67.82
74.85
80.83
Net Operating Cash Flow/Net Profit(%)
-
-
-
-

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)
0.1500
0.2200
0.5400
0.7900
Diluted Earnings Per Share
0.0000
0.2200
0.5300
0.7900
Net Asset Value Per Share (NAVPS)
4.1800
3.1776
3.1239
2.8386
Additional Paid-In Capital Per Share
1.2133
-0.0243
0.1446
0.0465
Retained Earnings Per Share
1.0427
1.0869
0.9318
0.9059
Net Cash Flow From Operatings Activities Per Share
-0.8700
-2.6488
-2.5013
6.7526
Net Cash Flow Per Share
0.4954
-2.7211
-3.0103
6.6847

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)
10823.4786
9874.7102
12422.2166
14809.0495
Total Liabilities(Million)
-
-
-
-
Current Liabilities(Million)
-
-
-
-
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
7774.8425
7183.8021
9674.2841
10056.074
Accounts Receivables(Million)
-
-
-
-
Deposit Received(Million)
-
-
-
-
Other Receivables(Million)
-
-
-
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Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
5013.8947
3169.1906
3114.9173
2829.6478
Debt ratio(%)
53.59
67.82
74.85
80.83
Equity Ratio(%)
46.3200
32.0900
25.0700
19.1000
Current Ratio
1.7297
1.3397
-
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Quick Ratio
-
-
-
-

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)
-
-
-
-
Net Cash Flow From Operatings Activities(Million)
-1043.8774
-2648.798
-2501.2632
6752.6119
Net Cash Flow From Operatings Activities Change(%)
-36.92
5.90
-137.04
-341.22
Net Cash Flow(Million)
594.4502
-2721.0658
-3010.3257
6684.7267
Cash From Selling Commodities/Prime Revenue(%)
-
-
-
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Net Cash Flow/Net Profit(%)
0.00
0.00
0.00
0.00
Cash Flow From Investing Activities(Million)
-43.7945
-61.153
-158.6174
-67.8716
Cash Flow From Financing Activities(Million)
1682.0213
-10.4
-350
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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)
623.7002
1032.7925
1536.4218
1743.7994
Prime Operating Profit(Million)
-
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Operating Costs(Million)
-
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Administrative Costs(Million)
-
-
-
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Financing Costs(Million)
-
-
-
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Above Three Costs Change(%)
-
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Operating Profit(Million)
218.0552
301.9268
704.9044
1049.5173
Income From Investment(Million)
73.3217
73.3143
143.1069
130.1904
Government Subsidies(Million)
-
-
-
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Net Non-Operating Income And Expense(Million)
1.7461
5.5159
6.7234
1.5061
Total Profit(Million)
219.8013
307.4427
711.6279
1051.0234
Corporate Income Tax(Million)
55.5393
84.776
174.5378
259.6669
Net Profit(Million)
164.3717
223.2371
537.0841
791.5809
Gross Profit Ratio(%)
92.40
29.23
45.87
60.18
Operating Margin(%)
34.96
29.23
45.87
60.18
Return On Equity(ROE)(%)
3.28
7.03
17.19
27.89

Announcements for Western Securities Co., Ltd

Date: 2012-10-24
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 23 October 2012, during which the following proposal(s) was/were approved:
1. Setup of a direct investment business subsidiary
2. Purchase of construction land to construct office building in Xi'an
3. Related matters regarding compensation for building property dismantling
4. Estimated continuing connected transaction from October to December of year 2012
4.1. Continuing connected transaction with a company
4.2. Continuing connected transaction with another company
5. 2012 interim profit distribution plan: 1) Cash dividend/10 shares (tax included): CNY4.50
6. Amendments to the Company's rules of procedures governing the board meetings
7. Amendments to the Company's rules of procedures governing meetings of the supervisory committee
Date: 2012-09-21
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 23 October 2012.

Meeting agenda:
1. Setup of a direct investment business subsidiary
2. Purchase of construction land to construct office building in Xi'an
3. Related matters regarding compensation for building property dismantling
4. Estimated continuing connected transaction from October to December of year 2012
4.1. Continuing connected transaction with a company
4.2. Continuing connected transaction with another company
5. 2012 interim profit distribution plan: 1) Cash dividend/10 shares (tax included): CNY4.50
6. Amendments to the Company's rules of procedures governing the board meetings
7. Amendments to the Company's rules of procedures governing meetings of the supervisory committee


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 19 October 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 22 October 2012 to 22 October 2012
Date: 2012-07-31
Title: PLACING SHARE LISTING
The Company's 40 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 03 August 2012.
Date: 2012-06-29
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 28 June 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Change of supervisors(nomination of Yang Fengjuan, Chen Gang as supervisor)
3. Management measures for online voting at shareholders' meeting.
Date: 2012-06-13
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:00 on 28 June 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Change of supervisors(nomination of Yang Fengjuan, Chen Gang as supervisor)
3. Management measures for online voting at shareholders' meeting

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 20 June 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: 27 June 2012
Date: 2012-05-02
Title: IPO SHARE LISTING
The Company issued a total of 200 million shares (code:002673) in its initial public offering. Of the shares,160 million shares will be listed on the Shenzhen Stock Exchange on 03 May 2012 while the remainder will become tradable three months later.
Date: 2012-04-20
Title: IPO-ONLINE SUBSCRIPTION
Western Securities Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 200.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002673
3. Stock abbreviation: Western Securities
4. Issuing volume: 200.000000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 40.000000 million shares
9. Online offering volume: 160.000000 million shares
10. Price: CNY8.70 per share
11. Offline subscription period: 23 April 2012
12. Online subscription date: 23 April 2012.
Date: 2012-04-13
Title: IPO
Western Securities Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 200.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 200.0000 million shares
3.Par value: CNY1.00 per share
4.Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
5.Targeted listing bourse: Shenzhen Stock Exchange
6.Offline placement volume: 40.0000 million shares
7.Online offering volume:160.0000 million shares
8.IPO price inquiry period: from 16 April 2012 to 18 April 2012
9.IPO price determined: 20 April 2012
10.Offline subscription date:23 April 2012
11.Online subscription date: 23 April 2012
12.Expected listing date:N/A.