Xingye Leather Technology Co.,Ltd.



Quote for Xingye Leather Technology Co.,Ltd.

Last Trade:
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Change:
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Symbol/Code:
002674
Status:
-
Stock Type:
A Share
Market Cap:
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Volume(*100):
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Update:-
Currency in CNY Time=UTC+8002674 quote

Summary for Xingye Leather Technology Co.,Ltd.

Xingye Leather Technology Co., Ltd established in 1992. currently is the largest vamp leather materials provider in China. It professionally engages in the R&D and production of ox top layer leather.Xingye Leather Technology Co., Ltd develops, manufactures and sells medium to high-end upper leather bull head layered shoes. The Company's main products include various series of upper leather bull head layered shoes, such as napa, natural fall, and special effects.

Profile for Xingye Leather Technology Co.,Ltd.

Full Name:Xingye Leather Technology Co.,Ltd.
Full Name in Chinese:兴业皮革科技股份有限公司 Short Name in Chinese:兴业科技
Symbol/Stock Code:
002674
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Huachun
Secretary of the Board:
Wu Meili
Phone:
+86-595-36798886
Fax:
+86-595-36798885
Official Website:www.xingyeleather.com
E-mail:xingye@xingyeleather.com
Address:Anhai No. 2 Industry Park,Jinjiang,Quanzhou,Fujian,362261
IPO Subscription Date:
2012-04-25
Listing Date:
2012-05-07
IPO Issued Capital:
60000000
IPO Price:
12
IPO fees:
47606300 CNY
Money Raised by IPO:
720000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
672393700 CNY
Open(Listing day):
- CNY
Close(Listing day):
- CNY
Diluted P/E ratio after IPO:
23.5300
Turnover rate(listing day):
-%

Financials for Xingye Leather Technology 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)
108.2286
122.993
106.5596
80.4738
Net Profit Growth(%)
16.71
15.42
32.41
21.53
Return On Equity(ROE)(%)
7.91
20.92
21.28
20.41
Debt ratio(%)
16.71
26.76
31.26
34.10
Net Operating Cash Flow/Net Profit(%)
-159.77
75.07
83.12
118.82

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)
0.5237
0.6800
0.5900
0.4500
Diluted Earnings Per Share
0.0000
0.6800
0.5900
0.4500
Net Asset Value Per Share (NAVPS)
5.7017
3.2700
2.7800
2.1900
Additional Paid-In Capital Per Share
2.9290
0.5031
0.5031
0.5031
Retained Earnings Per Share
1.6023
1.5352
1.1206
0.5881
Net Cash Flow From Operatings Activities Per Share
-0.7205
0.5100
0.4900
0.5300
Net Cash Flow Per Share
1.9966
-0.1048
0.1555
-0.2129

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)
1642.9803
802.6092
728.5857
598.2819
Total Liabilities(Million)
274.5722
214.8234
227.793
204.0488
Current Liabilities(Million)
274.5722
214.8234
227.793
204.0488
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
607.2206
142.1385
154.5159
116.9663
Accounts Receivables(Million)
70.8616
24.5976
23.4581
22.2969
Deposit Received(Million)
9.6276
20.5267
9.2099
19.5631
Other Receivables(Million)
17.804
11.0424
8.9297
9.5656
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1368.4081
587.7858
500.7927
394.2331
Debt ratio(%)
16.71
26.76
31.26
34.10
Equity Ratio(%)
83.2800
73.2300
68.7300
65.8900
Current Ratio
5.0350
2.6413
2.2765
2.1606
Quick Ratio
3.3133
1.3380
1.2364
1.0586

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)
1194.6846
1519.3395
1210.7512
948.8324
Net Cash Flow From Operatings Activities(Million)
-172.9133
92.3357
88.5731
95.6211
Net Cash Flow From Operatings Activities Change(%)
17.94
4.25
-7.37
10.68
Net Cash Flow(Million)
479.1825
-18.8608
27.99
-38.3198
Cash From Selling Commodities/Prime Revenue(%)
108.59
118.58
116.23
115.76
Net Cash Flow/Net Profit(%)
442.75
-15.33
26.27
-47.62
Cash Flow From Investing Activities(Million)
-53.6685
-44.5764
-68.444
-36.0304
Cash Flow From Financing Activities(Million)
707.4063
-73.1346
6.1182
-97.9015

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)
1100.1979
1281.2844
1041.6567
819.6499
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
3.5097
4.2882
3.7147
2.1826
Administrative Costs(Million)
27.996
25.9734
24.2807
16.9595
Financing Costs(Million)
7.1259
9.3445
5.4748
4.6766
Above Three Costs Change(%)
43.93
18.33
40.52
-20.13
Operating Profit(Million)
123.7287
143.9295
122.72
93.822
Income From Investment(Million)
1.6875
3.375
0.5625
1.25
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.315
0.2344
1.0294
-0.2904
Total Profit(Million)
127.0437
144.1639
123.7494
93.5317
Corporate Income Tax(Million)
18.8151
21.1709
17.1897
13.0579
Net Profit(Million)
108.2286
122.993
106.5596
80.4738
Gross Profit Ratio(%)
15.21
14.45
14.99
14.16
Operating Margin(%)
11.24
11.23
11.78
11.44
Return On Equity(ROE)(%)
7.91
20.92
21.28
20.41

Announcements for Xingye Leather Technology Co.,Ltd.

Date: 2012-08-02
Title: PLACING SHARE LISTING
The Company's 12 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 07 August 2012.
Date: 2012-07-20
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 19 July 2012, during which the following proposal(s) was/were approved:
1. Amendments to the company's articles of association
2. Amendments to the company's rules over procedures for the general meeting of shareholders
3. Amendments to the company's rules over procedures for the board of directors
4. Amendments to the company's rules over procedures for the supervisory committee
5. Amendments to working rules for independent directors
6. Amendments to the decision-making system on connected transactions
7. Amendments to management measures on raised funds use
8. Formulation of external investment management system
9. Formulation of external guarantee management system.
Date: 2012-07-03
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 19 July 2012.

Meeting agenda:
1. Amendments to the company's articles of association
2. Amendments to the company's rules over procedures for the general meeting of shareholders
3. Amendments to the company's rules over procedures for the board of directors
4. Amendments to the company's rules over procedures for the supervisory committee
5. Amendments to working rules for independent directors
6. Amendments to the decision-making system on connected transactions
7. Amendments to management measures on raised funds use
8. Formulation of external investment management system
9. Formulation of external guarantee management system

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 18 July 2012
Date: 2012-05-04
Title: IPO SHARE LISTING
The Company issued a total of 60 million shares (code:002674) in its initial public offering. Of the shares,48 million shares will be listed on the Shenzhen Stock Exchange on 07 May 2012 while the remainder will become tradable three months later.
Date: 2012-04-24
Title: IPO-ONLINE SUBSCRIPTION
Xingye Leather Technology Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 60.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002674
3. Stock abbreviation: Xingye Technology
4. Issuing volume: 60.000000 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: 12.000000 million shares
9. Online offering volume: 48.000000 million shares
10. Price: CNY12.00 per share
11. Offline subscription period: 25 April 2012
12. Online subscription date: 25 April 2012.
Date: 2012-04-17
Title: IPO
Xingye Leather Technology Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 60.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 60.0000 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: 12.0000 million shares
7.Online offering volume:48.0000 million shares
8.IPO price inquiry period: from 18 April 2012 to 20 April 2012
9.IPO price determined: 24 April 2012
10.Offline subscription date:25 April 2012
11.Online subscription date: 25 April 2012
12.Expected listing date:N/A.