Zhejiang Jinlei Refractories Co.,Ltd.



Quote for Zhejiang Jinlei Refractories Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002624
Status:
-
Stock Type:
A Share
Market Cap:
-
Open:
-
Prev Close:
-
Bid:
-
Ask:
-
Volume(*100):
-
Amount:
-
Limit Up:
-
Limit Down:
-
Day's Range:
-
P/E(ttm):
-
P/B ratio
-
Update:-
Currency in CNY Time=UTC+8002624 quote

Summary for Zhejiang Jinlei Refractories Co.,Ltd.

Zhejiang Jinlei Refractories Co., Ltd. is principally engaged in the research, development, manufacture and distribution of refractory materials for secondary refining vessels, as well as the provision of design, installation, construction and maintenance of refractory materials. The Company primarily provides two categories of refractory materials for secondary refining vessels: magnesium and calcium series, as well as compound carbon series, including fired magnesia-calcium bricks, unburned magnesia-calcium bricks, magnesia-carbon bricks and magnesia-alumina-carbon bricks. Its products are applied in the melting of stainless steel series, special steel, alloy steel, die block steel, spring steel and bearing steel, among others.

Profile for Zhejiang Jinlei Refractories Co.,Ltd.

Full Name:Zhejiang Jinlei Refractories Co.,Ltd.
Full Name in Chinese:浙江金磊高温材料股份有限公司 Short Name in Chinese:金磊股份
Symbol/Stock Code:
002624
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Chen Gencai
Secretary of the Board:
Wei Song
Phone:
+86-572-8409712
Fax:
+86-572-8409677
Official Website:www.jinlei.com
E-mail:jinlei@jinlei.com
Address:No. 117.,Longshan Road, Zhongguan Town, D,HUZHOU 313220
IPO Subscription Date:
2011-10-17
Listing Date:
2011-10-28
IPO Issued Capital:
25000000
IPO Price:
11.2 CNY
IPO fees:
36185300 CNY
Money Raised by IPO:
280000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
243814700 CNY
Open(Listing day):
22.01 CNY
Close(Listing day):
25.08 CNY
Diluted P/E ratio after IPO:
22.4000
Turnover rate(listing day):
95.27%

Financials for Zhejiang Jinlei Refractories 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)
27.6781
54.1711
50.6344
35.4552
Net Profit Growth(%)
-43.89
6.98
42.81
41.87
Return On Equity(ROE)(%)
5.66
11.14
26.90
25.77
Debt ratio(%)
26.06
30.63
46.23
48.02
Net Operating Cash Flow/Net Profit(%)
69.43
29.15
59.18
16.88

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)
0.1400
0.6800
0.6800
0.5100
Diluted Earnings Per Share
0.0000
0.5800
0.6600
0.5100
Net Asset Value Per Share (NAVPS)
2.4400
4.8600
2.5100
5.7334
Additional Paid-In Capital Per Share
0.9071
2.8142
0.8347
2.3613
Retained Earnings Per Share
0.4850
0.9432
0.6076
1.9474
Net Cash Flow From Operatings Activities Per Share
0.1000
0.1600
0.4000
0.2494
Net Cash Flow Per Share
-0.6508
1.9880
-0.3299
2.4401

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)
661.252
700.9607
350.1379
264.7509
Total Liabilities(Million)
172.3528
214.7396
161.9025
127.1499
Current Liabilities(Million)
165.9568
213.9181
161.0338
127.1499
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
126.923
247.2781
47.8274
72.5681
Accounts Receivables(Million)
146.0494
137.34
85.7634
56.7117
Deposit Received(Million)
1.3474
0.0657
0.5389
0.3028
Other Receivables(Million)
2.2873
0.919
0.5254
1.5507
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
488.8992
486.2211
188.2354
137.601
Debt ratio(%)
26.06
30.63
46.23
48.02
Equity Ratio(%)
73.9300
69.3600
53.7600
51.9700
Current Ratio
2.5377
2.3607
1.4536
1.5665
Quick Ratio
2.0187
1.9695
1.0483
1.2482

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)
152.2958
192.0179
191.9931
133.4411
Net Cash Flow From Operatings Activities(Million)
19.2163
15.79
29.9647
5.9852
Net Cash Flow From Operatings Activities Change(%)
24.19
-47.30
400.64
-83.16
Net Cash Flow(Million)
-130.1687
198.8043
-24.7406
58.5636
Cash From Selling Commodities/Prime Revenue(%)
54.71
45.50
52.61
50.14
Net Cash Flow/Net Profit(%)
-470.30
366.99
-48.86
165.18
Cash Flow From Investing Activities(Million)
-75.467
-96.5292
-54.0172
-11.4327
Cash Flow From Financing Activities(Million)
-73.9404
279.531
-0.5841
64.0111

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)
278.38
422.049
364.9652
266.1266
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
32.3772
43.115
40.0534
27.8727
Administrative Costs(Million)
26.6652
26.8287
25.29
11.5794
Financing Costs(Million)
-1.6531
4.5594
2.5932
1.9395
Above Three Costs Change(%)
8.32
9.67
64.13
5.18
Operating Profit(Million)
26.8008
53.4055
58.8287
42.1945
Income From Investment(Million)
2.0295
0.9286
0.309
0.0555
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
5.498
10.3732
0.9074
-0.0405
Total Profit(Million)
32.2988
63.7788
59.7361
42.154
Corporate Income Tax(Million)
4.6207
9.6077
9.1017
6.6989
Net Profit(Million)
27.6781
54.1711
50.6344
35.4552
Gross Profit Ratio(%)
30.68
32.32
35.47
33.00
Operating Margin(%)
9.62
12.65
16.11
15.85
Return On Equity(ROE)(%)
5.66
11.14
26.90
25.77

Announcements for Zhejiang Jinlei Refractories Co.,Ltd.

Date: 2012-10-24
Title: RESTRICTED SHARE LISTING
Among the Company's 37500000 restricted shares to be unlocked on 29 October 2012, 24000000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-07-12
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 11 July 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Continued use of partial idle raised funds to temporarily replenish working capital.
Date: 2012-06-26
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 11 July 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Continued use of partial idle raised funds to temporarily replenish working capital

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 05 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: 10 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: 11 July 2012
Voting code:362624
Voting abbreviation:Jinlei 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 10 July 2012 to 11 July 2012.
Date: 2012-05-25
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.50000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 31 May 2012
Ex-date: 01 June 2012
Payment date: 01 June 2012
Listing date of the bonus issues: 01 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: CNY0.25000000(10 percent x CNY2.50000000)
Net cash dividend/10 shares after tax: CNY2.25000000(CNY2.50000000- CNY0.25000000)
Date: 2012-05-04
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 03 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 audit firm
7. Adjustment to the allowance for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.00.
Date: 2012-04-10
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 10 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.50000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-04-10
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 03 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 audit firm
7. Adjustment to the allowance for independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.50000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 23 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: 27 April 2012
Date: 2012-01-19
Title: PLACING SHARE LISTING
The Company's 5 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 30 January 2012.
Date: 2012-01-13
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 12 January 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
2. Amendments to the Company's rules of procedures governing the board meeting
3. Amendments to the independent directors work system
4. Amendments to the external guarantee system
5. Amendments to the Company's rules of procedures governing the general meeting of shareholders
6. Amendments to the connected transaction decision-making system
7. Amendments to the mandate management system
8. Formulation of the implementation rules on audit committee under the board
9. Formulation of the implementation rules on nomination committee under the board
10. Formulation of the implementation rules on remuneration and appraisal committee under the board
11. Formulation of the implementation rules on strategy committee under the board
12. Formulation of the implementation rules on accumulative voting system
13. Formulation of the implementation rules on online voting
14. Temporary supplement to working capital with partial idle raised funds.
Date: 2011-12-27
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 12 January 2012.

Meeting agenda:
1. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
2. Amendments to the Company's rules of procedures governing the board meeting
3. Amendments to the independent directors work system
4. Amendments to the external guarantee system
5. Amendments to the Company's rules of procedures governing the general meeting of shareholders
6. Amendments to the connected transaction decision-making system
7. Amendments to the mandate management system
8. Formulation of the implementation rules on audit committee under the board
9. Formulation of the implementation rules on nomination committee under the board
10. Formulation of the implementation rules on remuneration and appraisal committee under the board
11. Formulation of the implementation rules on strategy committee under the board
12. Formulation of the implementation rules on accumulative voting system
13. Formulation of the implementation rules on online voting
14. Temporary supplement to working capital with partial idle raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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: 11 January 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: 12 January 2012
Voting code:362624
Voting abbreviation:Jinlei 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 11 January 2012 to 12 January 2012.