Xin Zhi Motor Co.,Ltd.



Quote for Xin Zhi Motor Co.,Ltd.

Last Trade:
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Symbol/Code:
002664
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002664 quote

Summary for Xin Zhi Motor Co.,Ltd.

Xin Zhi Motor Co., Ltd. is principally engaged in the research, development, production and sale of motor stators and rotors. The Company's major products include automobile generator stators, automobile generator stator assemblies, automobile small and special motor rotors, electric car rotors, electric tool motor rotors, as well as elevator hoisting motor rotors, among others. The Company's products are primarily used in various motors in automobile, electric car, electric tool, elevator and other industries.

Profile for Xin Zhi Motor Co.,Ltd.

Full Name:Xin Zhi Motor Co.,Ltd.
Full Name in Chinese:信质电机股份有限公司 Short Name in Chinese:信质电机
Symbol/Stock Code:
002664
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Yin Xingman
Secretary of the Board:
Zhu Bin
Phone:
+86-576-88931163
Fax:
+86-576-88931165
Official Website:www.chinaxinzhi.com
E-mail:xinzhi@chinaxinzhi.com
Address:No. 28,,Xinzhi Road, Qiansuo, Jiaojiang ,TAIZHOU ZHJ 318016
IPO Subscription Date:
2012-03-05
Listing Date:
2012-03-16
IPO Issued Capital:
33340000
IPO Price:
16 CNY
IPO fees:
39509700 CNY
Money Raised by IPO:
533440000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
493930300 CNY
Open(Listing day):
28.88 CNY
Close(Listing day):
22.50 CNY
Diluted P/E ratio after IPO:
28.0700
Turnover rate(listing day):
30.00%

Financials for Xin Zhi Motor 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)
76.3762
77.7273
43.9493
16.7283
Net Profit Growth(%)
46.99
76.85
162.72
-
Return On Equity(ROE)(%)
7.53
17.23
11.65
12.85
Debt ratio(%)
24.82
47.45
44.32
73.55
Net Operating Cash Flow/Net Profit(%)
-52.64
63.12
66.87
227.92

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)
0.6200
0.7800
0.5400
0.2500
Diluted Earnings Per Share
0.0000
0.7600
0.5200
0.0000
Net Asset Value Per Share (NAVPS)
7.6100
4.5100
3.7700
1.9400
Additional Paid-In Capital Per Share
5.2818
2.4369
2.4742
0.1768
Retained Earnings Per Share
1.2398
0.9574
0.2556
0.6639
Net Cash Flow From Operatings Activities Per Share
-0.3000
0.4900
0.2900
0.5700
Net Cash Flow Per Share
1.6987
0.3470
-0.0433
0.1171

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)
1371.1252
900.3726
720.7197
530.1971
Total Liabilities(Million)
340.3476
427.2309
319.4706
390.0072
Current Liabilities(Million)
340.3423
421.1433
284.0382
314.4659
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
407.3918
163.3445
102.8283
81.0607
Accounts Receivables(Million)
237.2493
191.4043
137.0316
103.9584
Deposit Received(Million)
14.672
5.0881
6.0704
2.066
Other Receivables(Million)
2.3275
3.5508
2.8396
3.6342
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1014.7526
451.2464
377.2482
130.1989
Debt ratio(%)
24.82
47.45
44.32
73.55
Equity Ratio(%)
74.0000
50.1100
52.3400
24.5500
Current Ratio
3.1002
1.4294
1.6587
1.0845
Quick Ratio
2.4312
1.0296
1.1491
0.8262

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)
589.8376
702.1773
520.6623
325.9369
Net Cash Flow From Operatings Activities(Million)
-40.208
49.0647
29.3877
38.1269
Net Cash Flow From Operatings Activities Change(%)
70.62
66.96
-22.92
-
Net Cash Flow(Million)
226.5032
34.7049
-4.3299
7.8462
Cash From Selling Commodities/Prime Revenue(%)
83.46
89.68
96.55
98.97
Net Cash Flow/Net Profit(%)
296.56
44.65
-9.85
46.90
Cash Flow From Investing Activities(Million)
-42.6647
-40.1075
-76.5894
-74.7253
Cash Flow From Financing Activities(Million)
310.5017
26.2941
43.79
42.7469

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)
706.7665
782.9526
539.2581
329.3443
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
15.0824
12.8721
9.8627
5.5267
Administrative Costs(Million)
52.4228
56.0072
35.8538
27.4934
Financing Costs(Million)
2.5983
19.5533
14.2218
4.7777
Above Three Costs Change(%)
7.79
47.54
58.58
-
Operating Profit(Million)
82.9394
83.2144
48.779
15.8411
Income From Investment(Million)
-0.1628
2.0878
-0.2808
-2.2913
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.6236
3.5279
1.5963
2.4213
Total Profit(Million)
83.563
86.7423
50.3753
18.2624
Corporate Income Tax(Million)
13.057
10.9981
7.214
1.5432
Net Profit(Million)
76.3762
77.7273
43.9493
16.7283
Gross Profit Ratio(%)
22.53
22.27
20.65
18.67
Operating Margin(%)
11.73
10.62
9.04
4.80
Return On Equity(ROE)(%)
7.53
17.23
11.65
12.85

Announcements for Xin Zhi Motor Co.,Ltd.

Date: 2012-08-16
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 15 August 2012, during which the following proposal(s) was/were approved:
1. Partial change of use of raised funds
2. Online voting system
3. Amendments to the Company's articles of association
4. Replacement of self-raised funds invested in project intended to be invested with raised funds with raised funds
Date: 2012-07-25
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 13:00 on 15 August 2012.

Meeting agenda:
1 Partial change of use of raised funds
2 Online voting system
3 Amendments to the Company's articles of association
4 Replacement of self-raised funds invested in project intended to be invested with raised funds with raised funds


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 10 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: 11 August 2012
Date: 2012-06-13
Title: PLACING SHARE LISTING
The Company's 6.6 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 18 June 2012.
Date: 2012-06-05
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 04 June 2012, during which the following proposal(s) was/were approved:
1. Major investment decision making system
2. The mandate management system
3. To launch 2012 forward foreign exchange business.
Date: 2012-06-05
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY0.51000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 08 June 2012
Ex-date: 11 June 2012
Payment date: 11 June 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: CNY0.05100000(10 percent x CNY0.51000000)
Net cash dividend/10 shares after tax: CNY0.45900000(CNY0.51000000- CNY0.05100000)
Date: 2012-04-19
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 18 April 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 (draft)
5. 2011 profit distribution plan
6. Amendments to the Company's articles of association (applicable to post-listing)
7. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.51000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-03-29
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 29 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.51000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-03-29
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 13:00 on 18 April 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. 2012 financial budget report (draft)
5. 2011 profit distribution plan
6. Amendments to the Company's articles of association (applicable to post-listing)
7. Reappointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.51000000
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 12 April 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: 13 April 2012
Date: 2012-03-15
Title: IPO SHARE LISTING
The Company issued a total of 33.34 million shares (code:002664) in its initial public offering. Of the shares,26.74 million shares will be listed on the Shenzhen Stock Exchange on 16 March 2012 while the remainder will become tradable three months later.
Date: 2012-03-02
Title: IPO-ONLINE SUBSCRIPTION
Xin Zhi Motor Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 33.340000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002664
3. Stock abbreviation: Xin Zhi Motor
4. Issuing volume: 33.340000 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: 6.600000 million shares
9. Online offering volume: 26.740000 million shares
10. Price: CNY16.00 per share
11. Offline subscription period: 05 March 2012
12. Online subscription date: 05 March 2012.