Zhejiang Jingu Co.,Ltd.



Quote for Zhejiang Jingu Co.,Ltd.

Last Trade:
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Symbol/Code:
002488
Status:
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Stock Type:
A Share
Market Cap:
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Prev Close:
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Volume(*100):
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Update:-
Currency in CNY Time=UTC+8002488 quote

Summary for Zhejiang Jingu Co.,Ltd.

Zhejiang Jingu Co., Ltd. is principally engaged in the research, development, manufacture and distribution of steel wheels. The Company primarily provides steel rolling wheels, including five degree rolling series and 15 degree rolling series steel wheels. Five degree steel rolling wheels are primarily applied in cars, micro-cars, other passenger vehicles and some specialty vehicles. 15 degree steel rolling wheels are principally applied in trucks, trailers and buses, among others. The Company distributes its products in domestic and overseas markets. The Company also provides silencers.

Profile for Zhejiang Jingu Co.,Ltd.

Full Name:Zhejiang Jingu Co.,Ltd.
Full Name in Chinese:浙江金固股份有限公司 Short Name in Chinese:金固股份
Symbol/Stock Code:
002488
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Sun Jinguo
Secretary of the Board:
Ni Yonghua
Phone:
+86-571-63133920
Fax:
+86-571-63133950
Official Website:www.jgwheel.com
E-mail:jingu@jgwheel.com
Address:No. 28, Fengshou Road, Fuchun St,Fuyang City,Hangzhou ZHJ 311400
IPO Subscription Date:
2010-10-11
Listing Date:
2010-10-21
IPO Issued Capital:
30000000
IPO Price:
22 CNY
IPO fees:
54726300 CNY
Money Raised by IPO:
660000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
605273700 CNY
Open(Listing day):
25.10 CNY
Close(Listing day):
25.40 CNY
Diluted P/E ratio after IPO:
73.3300
Turnover rate(listing day):
67.96%

Financials for Zhejiang Jingu 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)
58.6557
70.7209
61.2776
39.0308
Net Profit Growth(%)
3.02
15.41
56.99
61.86
Return On Equity(ROE)(%)
6.49
7.86
7.08
19.60
Debt ratio(%)
49.73
41.89
35.18
65.13
Net Operating Cash Flow/Net Profit(%)
89.02
-104.68
118.21
36.40

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)
0.3300
0.3900
0.4300
0.5100
Diluted Earnings Per Share
0.0000
0.3800
0.3800
0.4600
Net Asset Value Per Share (NAVPS)
5.0200
5.0000
7.2100
2.2100
Additional Paid-In Capital Per Share
3.1030
3.1030
5.1614
0.4900
Retained Earnings Per Share
0.8142
0.7884
0.9488
0.6464
Net Cash Flow From Operatings Activities Per Share
0.2900
-0.4100
0.6000
0.1600
Net Cash Flow Per Share
-0.3442
-1.3180
3.8130
0.3402

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)
1880.0211
1619.5049
1348.1663
592.3945
Total Liabilities(Million)
935.0612
678.5344
474.4106
385.8447
Current Liabilities(Million)
774.2424
650.2244
375.3372
362.6249
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
311.6029
400.6077
661.1351
89.5097
Accounts Receivables(Million)
153.2235
122.2371
97.8202
80.6511
Deposit Received(Million)
6.6441
3.731
2.8452
1.7853
Other Receivables(Million)
14.258
16.334
17.002
9.0684
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
904.2724
899.6167
865.7362
199.185
Debt ratio(%)
49.73
41.89
35.18
65.13
Equity Ratio(%)
48.0900
55.5400
64.2100
33.6200
Current Ratio
1.5475
1.5505
2.8047
0.9607
Quick Ratio
1.0347
1.0987
2.3209
0.6702

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)
655.3294
783.1699
510.8111
320.1925
Net Cash Flow From Operatings Activities(Million)
52.2166
-74.0293
72.4336
14.2056
Net Cash Flow From Operatings Activities Change(%)
-138.80
-202.20
409.90
-39.55
Net Cash Flow(Million)
-61.9559
-237.2433
457.5596
30.6163
Cash From Selling Commodities/Prime Revenue(%)
102.70
100.97
86.47
84.19
Net Cash Flow/Net Profit(%)
-105.63
-335.46
746.70
78.44
Cash Flow From Investing Activities(Million)
-154.9611
-230.1619
-261.0674
-75.4337
Cash Flow From Financing Activities(Million)
39.0669
68.0723
649.2996
92.497

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)
638.0926
775.6158
590.7358
380.3022
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
39.2144
47.0054
38.646
16.4193
Administrative Costs(Million)
57.0047
65.4322
51.7877
33.6724
Financing Costs(Million)
21.1588
23.6692
21.5721
16.4212
Above Three Costs Change(%)
14.86
21.52
68.40
5.39
Operating Profit(Million)
61.8573
78.4142
64.9198
39.5858
Income From Investment(Million)
-
-0.4887
-
-0.36
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.8258
3.7145
6.7966
4.11
Total Profit(Million)
67.6831
82.1287
71.7164
43.6957
Corporate Income Tax(Million)
9.6938
11.8268
9.7842
4.0603
Net Profit(Million)
58.6557
70.7209
61.2776
39.0308
Gross Profit Ratio(%)
28.35
28.39
30.62
28.97
Operating Margin(%)
9.69
10.10
10.98
10.40
Return On Equity(ROE)(%)
6.49
7.86
7.08
19.60

Announcements for Zhejiang Jingu Co.,Ltd.

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 25 August 2012, during which the following proposal(s) was/were approved:
1. Nomination of independent director candidates, accumulative voting system applicable
1.1. Nomination of Fang Ming as independent director candidate
1.2. Nomination of Zou Jun as independent director candidate
2. Amendments to the Company's articles of association
3. Formulation of shareholder return plan for the next three years from 2012 to 2014
Date: 2012-08-10
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 25 August 2012.

Meeting agenda:
1. Nomination of independent director candidates, accumulative voting system applicable
1.1. Nomination of Fang Ming as independent director candidate
1.2. Nomination of Zou Jun as independent director candidate
2. Amendments to the Company's articles of association
3. Formulation of shareholder return plan 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 20 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: from 23 August 2012 to 24 August 2012
Date: 2012-06-13
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 20 June 2012
Ex-date: 21 June 2012
Payment date: 21 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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2011-12-20
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2011 on 19 December 2011, during which the following proposal(s) was/were approved:
1. Increase of registered capital in a controlled subsidiary with partial excessive raised funds.
Date: 2011-12-16
Title: EGM REMINDER
The Company will hold the 2nd Extraordinary General Meeting of 2011 at 14:30 on 19 December 2011.

Meeting agenda:
1. Increase of registered capital in a controlled subsidiary with partial excessive raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 15 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: 19 December 2011
Voting code:362488
Voting abbreviation:Zhejiang Jingu 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 18 December 2011 to 19 December 2011.
Date: 2011-12-02
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2011 at 14:30 on 19 December 2011.

Meeting agenda:
1. Increase of registered capital in a controlled subsidiary with partial excessive raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 15 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: 19 December 2011
Voting code:362488
Voting abbreviation:Zhejiang Jingu 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 18 December 2011 to 19 December 2011.
Date: 2011-10-18
Title: RESTRICTED SHARE LISTING
The Company's 20,700,000 restricted A-shares will be listed on the Shenzhen Stock Exchange as of 21 October 2011.
Date: 2011-05-04
Title: EGM RESOLUTION
THE CO HELD ITS 1ST EGM OF 2011 ON 03MAY11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. INCREASE IN THE REGISTERED CAPITAL
2. CHANGE IN THE BUSINESS SCOPE
3. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
Date: 2011-04-15
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:30 ON 03MAY11.

MEETING AGENDA:
1. INCREASE IN THE REGISTERED CAPITAL
2. CHANGE IN THE BUSINESS SCOPE
3. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 25APR11 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: 29APR11
Date: 2011-03-29
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY3.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 5.00


RECORD DATE: 01APR11
EX-DATE: 06APR11
PAYMENT DATE: 06APR11
LISTING DATE OF THE BONUS ISSUES: 06APR11
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: CNY 0.300000(10 PERCENT X CNY 3.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 2.700000(CNY 3.000000- CNY0.300000)