Zhejiang Daoming Optics&Chemical Co., Ltd.



Quote for Zhejiang Daoming Optics&Chemical Co., Ltd.

Last Trade:
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Symbol/Code:
002632
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002632 quote

Summary for Zhejiang Daoming Optics&Chemical Co., Ltd.

Zhejiang Daoming Optics&Chemical Co., Ltd. is principally engaged in the research, development, design and manufacture of reflective materials and products. The Company primarily provides reflective films, reflective fabrics, reflective apparels and other reflective products. Its products are applied in the manufacture of road signs and boards, advertisement boards, direction boards, automobile labels, automobile reflective stickers, specialty apparels, shoes and bags, among others. It distributes its products in domestics and overseas markets.

Profile for Zhejiang Daoming Optics&Chemical Co., Ltd.

Full Name:Zhejiang Daoming Optics&Chemical Co., Ltd.
Full Name in Chinese:浙江道明光学股份有限公司 Short Name in Chinese:道明光学
Symbol/Stock Code:
002632
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Hu Zhibiao
Secretary of the Board:
You Minwei
Phone:
+86-579-87321111
Fax:
+86-579-87312889
Official Website:www.chinadaoming.com
E-mail:stock@chinadaoming.com
Address:No.1 Yingbin Avenue,Xiangzhu Industry Zone, Xiangz,JINHUA ZHJ 321313
IPO Subscription Date:
2011-11-08
Listing Date:
2011-11-22
IPO Issued Capital:
26670000
IPO Price:
23 CNY
IPO fees:
46045100 CNY
Money Raised by IPO:
613410000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
567364900 CNY
Open(Listing day):
28.80 CNY
Close(Listing day):
28.76 CNY
Diluted P/E ratio after IPO:
67.6500
Turnover rate(listing day):
88.63%

Financials for Zhejiang Daoming Optics&Chemical Co., Ltd.

UPDATE:2012-10-28 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)
31.3787
74.5055
36.6317
34.6415
Net Profit Growth(%)
-45.92
103.39
5.74
30.78
Return On Equity(ROE)(%)
3.54
8.50
15.60
23.65
Debt ratio(%)
10.17
11.72
45.22
54.73
Net Operating Cash Flow/Net Profit(%)
84.78
54.42
114.70
62.18

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)
0.2900
0.9100
0.4800
0.4600
Diluted Earnings Per Share
0.0000
0.8500
0.7200
0.4500
Net Asset Value Per Share (NAVPS)
8.3100
8.2200
2.9400
1.9500
Additional Paid-In Capital Per Share
5.5693
5.5693
0.6672
0.1333
Retained Earnings Per Share
1.5809
1.4867
1.1480
0.7367
Net Cash Flow From Operatings Activities Per Share
0.2500
0.3800
0.5300
0.2900
Net Cash Flow Per Share
-1.7479
3.9527
0.5344
0.0938

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)
987.2159
993.1225
428.6765
323.5025
Total Liabilities(Million)
100.4894
116.4407
193.865
177.0568
Current Liabilities(Million)
97.1894
116.4407
190.965
177.0568
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
317.6396
504.0896
80.3309
52.0208
Accounts Receivables(Million)
66.801
59.3097
42.6915
39.5358
Deposit Received(Million)
19.4846
12.7767
19.4838
9.6881
Other Receivables(Million)
9.3651
6.0416
5.6786
1.0726
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
886.7265
876.6818
234.8115
146.4457
Debt ratio(%)
10.17
11.72
45.22
54.73
Equity Ratio(%)
89.8200
88.2700
54.7700
45.2600
Current Ratio
6.2817
6.6949
1.4043
0.9923
Quick Ratio
4.6988
5.3997
0.7995
0.6189

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)
289.1132
400.8805
347.6349
231.0591
Net Cash Flow From Operatings Activities(Million)
26.6028
40.5429
42.0172
21.5385
Net Cash Flow From Operatings Activities Change(%)
-757.34
-3.51
95.08
92.12
Net Cash Flow(Million)
-186.4501
421.6317
42.7516
7.0386
Cash From Selling Commodities/Prime Revenue(%)
108.44
98.23
106.26
101.16
Net Cash Flow/Net Profit(%)
-594.19
565.91
116.71
20.32
Cash Flow From Investing Activities(Million)
-190.4321
-91.2961
-44.9849
-37.8991
Cash Flow From Financing Activities(Million)
-22.8171
473.1404
46.0147
23.4006

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)
266.6166
408.1083
327.1472
228.4166
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
19.403
19.7522
16.6726
10.2955
Administrative Costs(Million)
30.5265
33.4675
45.879
17.1507
Financing Costs(Million)
-7.6879
5.4351
4.3396
2.8497
Above Three Costs Change(%)
-5.04
-12.31
120.79
3.43
Operating Profit(Million)
34.799
80.0945
44.1709
38.698
Income From Investment(Million)
-
0.4292
-0.1434
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.429
5.4094
2.0767
1.7081
Total Profit(Million)
36.2281
85.5039
46.2476
40.4061
Corporate Income Tax(Million)
4.8494
10.9984
9.616
5.7645
Net Profit(Million)
31.3787
74.5055
36.6317
34.6415
Gross Profit Ratio(%)
30.35
34.79
34.79
31.73
Operating Margin(%)
13.05
19.62
13.50
16.94
Return On Equity(ROE)(%)
3.54
8.50
15.60
23.65

Announcements for Zhejiang Daoming Optics&Chemical Co., Ltd.

Date: 2012-09-20
Title: NAME CHANGE
The Company announced its name change on 20 September 2012. Its full name will be changed to 'Daoming Optics and Chemical Co., Ltd.' effective from 20 September 2012. Others remain unchanged.
Date: 2012-09-04
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 03 September 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Formulation of shareholder return plan for the next three years from 2012 to 2014
3. Production line construction project
Date: 2012-08-02
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 17 August 2012.

Meeting agenda:
1. To be upgraded to enterprise with name without identifier of administrative region
2. Amendments to the Company's articles of association
3. Adjustment to allowance for independent directors


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 14 August 2012
Date: 2012-06-26
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 22 June 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association.
Date: 2012-06-07
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 22 June 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 18 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: 19 June 2012
Date: 2012-04-24
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 27 April 2012
Ex-date: 02 May 2012
Payment date: 02 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-03-30
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 30 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-03-30
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 20 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. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Reappointment of audit firm
7. Formulation of internal administration systems including code of conduct for controlling shareholders and de facto controller, appointment system for audit firms, accumulative voting system, etc.
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
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 16 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: 17 April 2012
Date: 2012-02-17
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 22 February 2012.
Date: 2011-11-21
Title: IPO SHARE LISTING
The Company issued a total of 26.67 million shares (code:002632) in its initial public offering. Of the shares,21.35 million shares will be listed on the Shenzhen Stock Exchange on 22 November 2011 while the remainder will become tradable three months later.