Zhejiang Honglei Copper Co.,Ltd.



Quote for Zhejiang Honglei Copper Co.,Ltd.

Last Trade:
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Symbol/Code:
002647
Status:
-
Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002647 quote

Summary for Zhejiang Honglei Copper Co.,Ltd.

ZHEJIANG HONGLEI COPPER CO., LTD. is principally engaged in the research, development, manufacture and distribution of enameled wires, copper pipes and other copper materials. The Company primarily provides enameled wires, including polyester enameled wires, modified polyester enameled wires, polyesterimine enameled wires, solderable polyurethane enameled wires, polyesterimine/polyesterimide enameled wires, among others, which are applied in motors, electrical tools, electronic transformers, relays and air conditioner compressors, among others, as well as copper pipes, including straight copper pipes, coil pipes and internal screw pipes, among others, which are applied in water/gas transportation pipes, solar equipment, air conditioners, heat exchangers, ships and others.

Profile for Zhejiang Honglei Copper Co.,Ltd.

Full Name:Zhejiang Honglei Copper Co.,Ltd.
Full Name in Chinese:浙江宏磊铜业股份有限公司 Short Name in Chinese:宏磊股份
Symbol/Stock Code:
002647
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Qi Jianping
Secretary of the Board:
Fang Zhonghou
Phone:
+86-575-87387532
Fax:
+86-575-80708938
Official Website:www.chinahonglei.com
E-mail:honglei@chinahonglei.com
Address:No. 2 Yingbin Road, Economic Dev,ZHUJI 311800
IPO Subscription Date:
2011-12-19
Listing Date:
2011-12-28
IPO Issued Capital:
42230000
IPO Price:
12.8 CNY
IPO fees:
37692000 CNY
Money Raised by IPO:
540544000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
502852000 CNY
Open(Listing day):
12.01 CNY
Close(Listing day):
11.80 CNY
Diluted P/E ratio after IPO:
30.8400
Turnover rate(listing day):
38.49%

Financials for Zhejiang Honglei Copper 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)
42.666
84.7921
79.2913
40.0467
Net Profit Growth(%)
-42.61
6.93
97.99
91.56
Return On Equity(ROE)(%)
4.32
8.81
21.17
13.60
Debt ratio(%)
56.33
51.10
69.70
76.72
Net Operating Cash Flow/Net Profit(%)
-771.75
272.54
47.38
-500.74

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)
0.2526
0.6700
0.6300
0.3200
Diluted Earnings Per Share
0.0000
0.6500
0.5500
0.3300
Net Asset Value Per Share (NAVPS)
5.8500
5.7000
2.9600
2.3200
Additional Paid-In Capital Per Share
3.2581
3.2581
0.7081
0.7024
Retained Earnings Per Share
1.4567
1.3041
1.1302
0.5679
Net Cash Flow From Operatings Activities Per Share
-1.9500
1.3700
0.3000
-1.5800
Net Cash Flow Per Share
-1.7215
2.6869
-1.4193
2.3556

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)
2547.226
2216.8433
1622.5924
1784.851
Total Liabilities(Million)
1434.971
1132.9168
1130.9735
1369.4376
Current Liabilities(Million)
1427.081
1125.0268
1095.0835
1362.8376
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
551.4883
808.2711
363.2356
577.0283
Accounts Receivables(Million)
500.2282
336.519
377.9059
368.2776
Deposit Received(Million)
60.4547
15.5156
28.9429
37.9381
Other Receivables(Million)
0.6056
1.5896
0.4038
1.8954
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
987.9019
962.1269
374.4828
294.4621
Debt ratio(%)
56.33
51.10
69.70
76.72
Equity Ratio(%)
38.7800
43.4000
23.0700
16.4900
Current Ratio
1.4629
1.6020
1.1834
1.0654
Quick Ratio
1.0809
1.3036
0.8658
0.7928

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)
3013.7722
4666.2423
4572.4615
3000.8769
Net Cash Flow From Operatings Activities(Million)
-329.2748
231.0901
37.5676
-200.5312
Net Cash Flow From Operatings Activities Change(%)
-218.04
515.13
-118.73
-331.11
Net Cash Flow(Million)
-290.7784
453.8518
-179.8028
298.4039
Cash From Selling Commodities/Prime Revenue(%)
106.43
116.59
118.09
114.13
Net Cash Flow/Net Profit(%)
-681.52
535.25
-226.76
745.14
Cash Flow From Investing Activities(Million)
-62.2121
-71.9488
-50.8741
482.6774
Cash Flow From Financing Activities(Million)
100.8256
294.88
-169.3345
19.9021

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)
2831.6939
4002.1274
3872.1517
2629.2788
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
13.5938
22.809
22.2343
18.707
Administrative Costs(Million)
38.8696
47.2176
38.7155
31.3799
Financing Costs(Million)
37.9866
40.2718
44.0441
55.7372
Above Three Costs Change(%)
15.08
5.05
-0.78
64.57
Operating Profit(Million)
61.0883
122.272
107.9701
54.1728
Income From Investment(Million)
-
-
6.1541
-14.2446
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
-0.4604
-0.4292
0.9303
-0.7578
Total Profit(Million)
60.6279
121.8428
108.9004
53.415
Corporate Income Tax(Million)
15.4084
32.3872
24.1426
11.3167
Net Profit(Million)
42.666
84.7921
79.2913
40.0467
Gross Profit Ratio(%)
5.46
5.93
5.37
7.00
Operating Margin(%)
2.15
3.05
2.78
2.06
Return On Equity(ROE)(%)
4.32
8.81
21.17
13.60

Announcements for Zhejiang Honglei Copper Co.,Ltd.

Date: 2012-08-29
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 28 August 2012, during which the following proposal(s) was/were approved:
1. Continued temporary replenishment to working capital with partial idle raised funds
Date: 2012-07-27
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 26 July 2012, during which the following proposal(s) was/were approved:
1 Stake acquisition from microfinance company
Date: 2012-07-11
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:30 on 26 July 2012.

Meeting agenda:
1. Stake acquisition from microfinance company

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 20 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: 24 July 2012

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: 26 July 2012
Voting code:362647
Voting abbreviation:Honglei 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 25 July 2012 to 26 July 2012.
Date: 2012-06-29
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 05 July 2012
Ex-date: 06 July 2012
Payment date: 06 July 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-10
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 09 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. 2011 special report on the deposit and use of raised funds
7. 2011 internal control self-evaluation report
8. 2012 application for comprehensive credit line to relevant commercial banks
9. Guarantee for subsidiaries
10. Reappointment of audit firm
11. Eligibility for issue of corporate bonds
12. Issue of corporate bonds
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-18
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 18 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-18
Title: AGM-ONLINE
The Company will hold the 2011 Annual General Meeting at 14:00 on 09 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. 2011 special report on the deposit and use of raised funds
7. 2011 internal control self-evaluation report
8. 2012 application for comprehensive credit line to relevant commercial banks
9. Guarantee for subsidiaries
10. Reappointment of audit firm
11. Eligibility for issue of corporate bonds
12. Issue of corporate bonds
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
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 07 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: 07 May 2012

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: 09 May 2012
Voting code:362647
Voting abbreviation:Honglei voting
Voting process:
1. To input the "buy" instruction to begin voting
2.To input the serial number of the annual general 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 08 May 2012 to 09 May 2012.
Date: 2012-03-23
Title: PLACING SHARE LISTING
The Company's 8.4 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 28 March 2012.
Date: 2012-03-01
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 29 February 2012, during which the following proposal(s) was/were approved:
1. Expansion of the Company's business scope
2. Amendments to the Company's articles of association(1)
3. Use of partial raised funds to temporarily replenish working capital
4. Amendments to the external guarantee management system
5. Amendments to the external investment management system
6. Amendments to the connected transactions management system
7. Amendments to the decision making management system on major transactions
8. Amendments to the raised funds management measures
9. Formulation of implementation rules for accumulative voting system.
Date: 2012-02-14
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 13:00 on 29 February 2012.

Meeting agenda:
1. Expansion of the Company's business scope
2. Amendments to the Company's articles of association(1)
3. Use of partial raised funds to temporarily replenish working capital
4. Amendments to the external guarantee management system
5. Amendments to the external investment management system
6. Amendments to the connected transactions management system
7. Amendments to the decision making management system on major transactions
8. Amendments to the raised funds management measures
9. Formulation of implementation rules for accumulative voting system

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 24 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: 27 February 2012

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: 29 February 2012
Voting code:362647
Voting abbreviation:Honglei 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 28 February 2012 to 29 February 2012.