Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.



Quote for Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.

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Symbol/Code:
002479
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002479 quote

Summary for Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.

Zhejiang Fuchunjiang Environmental Thermoelectric Co., LTD. is principally engaged in the generation, supply and technology consulting of electric power and thermal power. The Company operates its businesses through thermal power generation, production of steam and hot water, as well as technology consulting services of heat and electric power. The Company is also involved in the manufacturing and distribution of cold compressing rolls. Its major products include electric power, steam and precise cold-rolled sheets, among others. The Company mainly operates its business in Hangzhou, Zhejiang Province and Shanghai, China.

Profile for Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.

Full Name:Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.
Full Name in Chinese:浙江富春江环保热电股份有限公司 Short Name in Chinese:富春环保
Symbol/Stock Code:
002479
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Bin
Secretary of the Board:
Zhang Jie
Phone:
+86-571-63553779
Fax:
+86-571-63121207
Official Website:www.zhefuet.com
E-mail:zhangjie@zhefuet.com
Address:No. 188, Chunyong Road,Lingqiao Town, Fuyang City,Hangzhou ZHJ 311418
IPO Subscription Date:
2010-09-08
Listing Date:
2010-09-21
IPO Issued Capital:
54000000
IPO Price:
25.8 CNY
IPO fees:
55488100 CNY
Money Raised by IPO:
1393200000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1337711900 CNY
Open(Listing day):
29.99 CNY
Close(Listing day):
27.69 CNY
Diluted P/E ratio after IPO:
73.7100
Turnover rate(listing day):
60.20%

Financials for Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.

UPDATE:2012-10-18 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)
179.5005
190.265
138.3035
91.7937
Net Profit Growth(%)
30.98
37.57
50.66
35.33
Return On Equity(ROE)(%)
9.37
9.97
7.58
26.32
Debt ratio(%)
26.56
9.31
7.18
51.51
Net Operating Cash Flow/Net Profit(%)
44.04
31.37
118.47
208.53

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)
0.4194
0.4400
0.4000
0.5737
Diluted Earnings Per Share
0.0000
0.4353
0.3654
0.4705
Net Asset Value Per Share (NAVPS)
4.4800
4.4600
8.5300
2.1800
Additional Paid-In Capital Per Share
2.6375
2.6375
6.2750
0.3696
Retained Earnings Per Share
0.7259
0.7065
1.1128
0.7104
Net Cash Flow From Operatings Activities Per Share
0.1847
0.1400
0.7700
1.2000
Net Cash Flow Per Share
-0.4505
-1.0931
5.1195
0.1740

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)
2731.6749
2104.1062
1966.1173
719.2818
Total Liabilities(Million)
725.6442
196.0743
141.3504
370.5302
Current Liabilities(Million)
254.2386
163.1918
104.5578
119.6489
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
495.7032
688.5229
1156.3685
60.7938
Accounts Receivables(Million)
240.1189
113.3842
74.2166
63.2296
Deposit Received(Million)
5.2079
22.6862
1.7598
1.7983
Other Receivables(Million)
3.6338
1.2453
0.6851
0.7276
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1916.3325
1908.0319
1824.767
348.7515
Debt ratio(%)
26.56
9.31
7.18
51.51
Equity Ratio(%)
70.1500
90.6800
92.8100
48.4800
Current Ratio
4.9412
6.8401
13.2875
1.5178
Quick Ratio
4.6385
6.4074
12.6533
1.2867

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)
2356.6085
1142.8677
1020.8302
799.77
Net Cash Flow From Operatings Activities(Million)
79.0559
59.6866
163.8518
191.4176
Net Cash Flow From Operatings Activities Change(%)
-399.45
-63.57
-14.40
107.98
Net Cash Flow(Million)
-192.8198
-467.8455
1095.5747
27.8429
Cash From Selling Commodities/Prime Revenue(%)
111.92
98.05
112.23
113.72
Net Cash Flow/Net Profit(%)
-107.42
-245.89
792.15
30.33
Cash Flow From Investing Activities(Million)
-439.2337
-420.0322
-106.233
-57.7549
Cash Flow From Financing Activities(Million)
167.358
-107.5
1037.9558
-105.8197

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)
2105.5947
1165.5832
909.5624
703.3029
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
2.3827
0.717
0.3338
0.3928
Administrative Costs(Million)
67.5306
69.5141
20.3972
19.771
Financing Costs(Million)
1.8685
-27.4234
11.3874
21.0069
Above Three Costs Change(%)
181.34
33.28
-21.99
-17.01
Operating Profit(Million)
224.3866
207.1245
131.8215
73.5421
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
14.1921
16.6825
23.6973
17.4126
Total Profit(Million)
238.5787
223.8071
155.5188
90.9548
Corporate Income Tax(Million)
43.9574
33.5421
17.2152
-0.839
Net Profit(Million)
179.5005
190.265
138.3035
91.7937
Gross Profit Ratio(%)
14.22
21.57
18.32
16.66
Operating Margin(%)
10.65
17.77
14.49
10.45
Return On Equity(ROE)(%)
9.37
9.97
7.58
26.32

Announcements for Zhejiang Fuchunjiang Environmental Thermoelectric Co.,Ltd.

Date: 2012-09-18
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 17 September 2012, during which the following proposal(s) was/were approved:
1. Formulation of shareholder return plan for the next three years
2. Amendments to the Company's articles of association
Date: 2012-04-13
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 12 April 2012, during which the following proposal(s) was/were approved:
1. Additional financial aid quota for a controlled subsidiary.
Date: 2012-03-27
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 10:00 on 12 April 2012.

Meeting agenda:
1. Additional financial aid quota for a controlled subsidiary

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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: 09 April 2012
Date: 2012-02-09
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 08 February 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. Re-appointment of audit firm
7. Payment of annual allowance for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY4.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-01-30
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 20 January 2012, during which the following proposal(s) was/were approved:
1. Use of excessive raised funds to purchase 51 percent equity of a company
2. Financial aids to the above controlled subsidiary
3. Amendments to the Company's articles of association.
Date: 2012-01-19
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 19 January 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-01-19
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 08 February 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. Re-appointment of audit firm
7. Payment of annual allowance for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY4.00000000
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 02 February 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: 03 February 2012
Date: 2012-01-05
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 20 January 2012.

Meeting agenda:
1. Use of excessive raised funds to purchase 51 percent equity of a company
2. Financial aids to the above controlled subsidiary
3. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 January 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 January 2012
Date: 2011-12-09
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2011 on 08 December 2011, during which the following proposal(s) was/were approved:
1. The Company's eligibility for issue of corporate bonds
2. Scheme for the Company's issue of corporate bonds
3. Authorization to the board to handle matters in relation to the issue of corporate bonds
4. Authorization to the board to adopt repayment guarantee measures in the event that principal and interest on bonds cannot be expected to pay back on time, or principal and interest on bonds fail to pay back on time at maturity.
Date: 2011-11-23
Title: EGM-ONLINE
The Company will hold the 3rd Extraordinary General Meeting of 2011 at 14:00 on 08 December 2011.

Meeting agenda:
1. The Company's eligibility for issue of corporate bonds
2. Scheme for the Company's issue of corporate bonds
3. Authorization to the board to handle matters in relation to the issue of corporate bonds
4. Authorization to the board to adopt repayment guarantee measures in the event that principal and interest on bonds cannot be expected to pay back on time, or principal and interest on bonds fail to pay back on time at maturity

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 02 December 2011 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: 05 December 2011

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: 08 December 2011
Voting code:362479
Voting abbreviation:Fuchunjiang Environmental 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 07 December 2011 to 08 December 2011.