ZheJiang Haers Vacuum Containers Co.,Ltd.



Quote for ZheJiang Haers Vacuum Containers Co.,Ltd.

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Symbol/Code:
002615
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002615 quote

Summary for ZheJiang Haers Vacuum Containers Co.,Ltd.

ZHEJIANG HAERS VACUUM CONTAINERS CO., LTD. is principally engaged in the research, development, design, manufacture and distribution of stainless steel vacuum containers, including vacuum cups, vacuum bottles, vacuum boxes, vacuum dish boxes and stew pots, among others, as well as stainless steel non-vacuum containers, including cups, bottles and pots, among others. Its products are applied in household, offices, students, outdoor activities, driving, catering services, gifts and other fields. The Company distributes its products in domestic and overseas markets. During the year ended December 31, 2010, the Company obtained approximately 87.07% of its total revenue from stainless steel vacuum containers.

Profile for ZheJiang Haers Vacuum Containers Co.,Ltd.

Full Name:ZheJiang Haers Vacuum Containers Co.,Ltd.
Full Name in Chinese:浙江哈尔斯真空器皿股份有限公司 Short Name in Chinese:哈尔斯
Symbol/Stock Code:
002615
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Lv Qiang
Secretary of the Board:
Phone:
+86-579-88025830
Fax:
+86-579-88025586
Official Website:www.haers.com
E-mail:zqb@haers.com
Address:No.1 Haers Road,,Yongkang Economic Development Zo,JINHUA ZHJ 321300
IPO Subscription Date:
2011-09-02
Listing Date:
2011-09-09
IPO Issued Capital:
22800000
IPO Price:
18 CNY
IPO fees:
46271200 CNY
Money Raised by IPO:
410400000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
364128800 CNY
Open(Listing day):
22.50 CNY
Close(Listing day):
23.60 CNY
Diluted P/E ratio after IPO:
42.8600
Turnover rate(listing day):
84.70%

Financials for ZheJiang Haers Vacuum Containers Co.,Ltd.

UPDATE:2012-10-22 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)
27.2951
50.2311
42.3221
30.895
Net Profit Growth(%)
-23.80
18.68
36.98
75.69
Return On Equity(ROE)(%)
5.00
9.05
30.03
27.84
Debt ratio(%)
19.20
17.41
52.20
52.51
Net Operating Cash Flow/Net Profit(%)
-65.62
122.52
113.70
119.53

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)
0.3000
0.6800
0.6200
0.4500
Diluted Earnings Per Share
0.0000
0.6100
0.5600
0.4200
Net Asset Value Per Share (NAVPS)
5.9900
6.0900
2.0600
1.6200
Additional Paid-In Capital Per Share
3.7744
3.7744
0.0423
0.4312
Retained Earnings Per Share
1.0620
1.1627
0.8894
0.5686
Net Cash Flow From Operatings Activities Per Share
-0.2000
0.6700
0.7000
0.5400
Net Cash Flow Per Share
-0.4863
3.5971
0.3432
0.0541

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)
675.9016
672.4138
294.8876
233.6801
Total Liabilities(Million)
129.7952
117.1197
153.9534
122.7181
Current Liabilities(Million)
128.6752
115.9668
152.7286
69.5597
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
348.4058
395.2889
64.7529
39.8084
Accounts Receivables(Million)
83.6923
54.7932
41.0667
33.6948
Deposit Received(Million)
4.9482
3.2429
8.6801
5.1242
Other Receivables(Million)
1.4963
2.3874
5.1029
3.0339
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
546.1064
555.2941
140.9342
110.9621
Debt ratio(%)
19.20
17.41
52.20
52.51
Equity Ratio(%)
80.7900
82.5800
47.7900
47.4800
Current Ratio
4.2131
4.7497
1.3302
2.1607
Quick Ratio
3.5276
3.9848
0.8750
1.3752

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)
347.5336
524.7744
444.7438
290.5445
Net Cash Flow From Operatings Activities(Million)
-17.9099
61.5425
48.1187
36.9286
Net Cash Flow From Operatings Activities Change(%)
-391.46
27.90
30.30
-28.81
Net Cash Flow(Million)
-44.348
328.051
23.4745
3.7014
Cash From Selling Commodities/Prime Revenue(%)
97.71
101.77
105.33
104.23
Net Cash Flow/Net Profit(%)
-162.48
653.08
55.47
11.98
Cash Flow From Investing Activities(Million)
-27.2465
-25.992
-15.8194
-30.9576
Cash Flow From Financing Activities(Million)
0.3629
293.9549
-7.9048
-1.6604

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)
355.6822
515.6275
422.2294
278.7421
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
34.711
35.4972
26.6213
21.1744
Administrative Costs(Million)
38.6472
41.9453
32.3073
23.9148
Financing Costs(Million)
-4.9872
4.5839
6.8203
5.269
Above Three Costs Change(%)
31.97
24.76
30.56
23.68
Operating Profit(Million)
32.8231
54.0472
45.2668
33.6677
Income From Investment(Million)
0.123
2.923
-0.0908
-1.0583
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.0984
2.7997
3.7077
2.4248
Total Profit(Million)
33.9215
56.8469
48.9745
36.0925
Corporate Income Tax(Million)
6.6264
6.6157
6.6524
5.1975
Net Profit(Million)
27.2951
50.2311
42.3221
30.895
Gross Profit Ratio(%)
29.34
26.77
27.12
30.83
Operating Margin(%)
9.22
10.48
10.72
12.07
Return On Equity(ROE)(%)
5.00
9.05
30.03
27.84

Announcements for ZheJiang Haers Vacuum Containers Co.,Ltd.

Date: 2012-09-06
Title: RESTRICTED SHARE LISTING
Among the Company's 10944000 restricted shares to be unlocked on 10 September 2012, 9828225 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-08-07
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 04 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Plan on the profit return for the next three years from 2012 to 2014
Date: 2012-07-20
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 04 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Plan on the profit return for the next three years from 2012 to 2014

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 30 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: 02 August 2012
Date: 2012-06-08
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

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


Record date: 14 June 2012
Ex-date: 15 June 2012
Payment date: 15 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: CNY0.40000000(10 percent x CNY4.00000000)
Net cash dividend/10 shares after tax: CNY3.60000000(CNY4.00000000- CNY0.40000000)
Date: 2012-05-16
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 15 May 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 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Reappointment of 2012 audit firm
7. Election of Zhang Weidong as director
8. To carry out forward foreign exchange business
9. 2012 remuneration for directors
10. 2012 remuneration for supervisors
11. Expansion of the business scope
12. Production extension of projects invested with raised funds
13. Investment in setup of micro-credit company
14. Setup of a wholly-owned subsidiary
15. Management system on remunerations for directors, supervisors and senior management
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: 2012-04-25
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 25 April 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: 2012-04-25
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 15 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Reappointment of 2012 audit firm
7. Election of Zhang Weidong as director
8. To carry out forward foreign exchange business
9. 2012 remuneration for directors
10. 2012 remuneration for supervisors
11. Expansion of the business scope
12. Production extension of projects invested with raised funds
13. Investment in setup of micro-credit company
14. Setup of a wholly-owned subsidiary
15. Management system on remunerations for directors, supervisors and senior management
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 09 May 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 May 2012
Date: 2011-12-06
Title: PLACING SHARE LISTING
The Company's 4.56 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 09 December 2011.
Date: 2011-11-15
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2011 on 14 November 2011, during which the following proposal(s) was/were approved:
1. Use of partial excessive raised funds to repay bank loan
2. Election of Mr Wo Jian as independent director
3. Accumulative voting system
4. Codes of conduct for controlling shareholders and de facto controllers.
Date: 2011-10-28
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2011 at 09:30 on 14 November 2011.

Meeting agenda:
1. Use of partial excessive raised funds to repay bank loan
2. Election of Mr Wo Jian as independent director
3. Accumulative voting system
4. Codes of conduct for controlling shareholders and de facto controllers

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 08 November 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: 11 November 2011