Zhejiang Reclaim Construction Group Co., Ltd.



Quote for Zhejiang Reclaim Construction Group Co., Ltd.

Last Trade:
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Symbol/Code:
002586
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002586 quote

Summary for Zhejiang Reclaim Construction Group Co., Ltd.

ZHEJIANG RECLAIM CONSTRUCTION GROUP CO., LTD. is principally engaged in the engineering construction and related technology services. The Company operates its businesses through hydraulic and hydropower engineering, civil public engineering, port and waterway engineering, housing construction engineering, foundation and basic processing engineering, tunnel and bridge construction, engineering geological survey, hydraulic engineering design, as well as the export of equipment and materials. The Company's engineering construction business involves in sea dykes, river courses, water reservoirs and city flood banks, among others. Its also provides survey, design and other technology services.

Profile for Zhejiang Reclaim Construction Group Co., Ltd.

Full Name:Zhejiang Reclaim Construction Group Co., Ltd.
Full Name in Chinese:浙江省围海建设集团股份有限公司 Short Name in Chinese:围海股份
Symbol/Stock Code:
002586
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Feng Quanhong
Secretary of the Board:
Cheng Dilong
Phone:
+86-574-87901130
Fax:
+86-574-87901002
Official Website:www.zjwh.com.cn
E-mail:ir@whgs.com.cn
Address:No. 599,Jiangnan Road, Science Park Zo,NINGBO ZHJ 315040
IPO Subscription Date:
2011-05-25
Listing Date:
2011-06-02
IPO Issued Capital:
27000000
IPO Price:
19 CNY
IPO fees:
37343000 CNY
Money Raised by IPO:
513000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
475657000 CNY
Open(Listing day):
21.00 CNY
Close(Listing day):
21.60 CNY
Diluted P/E ratio after IPO:
36.3300
Turnover rate(listing day):
89.52%

Financials for Zhejiang Reclaim Construction Group 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)
39.6832
74.7905
56.739
43.1547
Net Profit Growth(%)
31.92
31.81
31.47
46.08
Return On Equity(ROE)(%)
4.85
9.49
23.59
22.34
Debt ratio(%)
52.13
53.02
67.92
69.14
Net Operating Cash Flow/Net Profit(%)
-258.46
-40.57
99.91
103.26

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)
0.2000
0.7800
0.5300
0.5400
Diluted Earnings Per Share
0.0000
0.7500
0.5200
0.4800
Net Asset Value Per Share (NAVPS)
4.0200
7.3700
3.0100
2.4200
Additional Paid-In Capital Per Share
1.7917
4.3015
0.1451
0.1451
Retained Earnings Per Share
0.8908
1.4217
1.2535
0.8013
Net Cash Flow From Operatings Activities Per Share
-0.5000
-0.2800
0.7100
0.5600
Net Cash Flow Per Share
-0.9480
3.3679
0.5754
0.1254

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)
1792.2205
1745.4377
830.4046
687.7557
Total Liabilities(Million)
934.4484
925.4951
564.0589
475.5701
Current Liabilities(Million)
904.0601
925.4951
564.0589
475.5701
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
302.6792
492.7045
134.5692
95.9389
Accounts Receivables(Million)
503.4113
574.4478
339.9468
287.5613
Deposit Received(Million)
65.4872
29.5436
28.593
60.3592
Other Receivables(Million)
137.07
184.9562
114.5035
91.3279
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
817.8217
788.3936
240.5658
193.2023
Debt ratio(%)
52.13
53.02
67.92
69.14
Equity Ratio(%)
45.6300
45.1600
28.9600
28.0900
Current Ratio
1.1473
1.4150
1.0947
1.1327
Quick Ratio
1.1238
1.4057
1.0928
1.1303

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)
931.2902
916.6243
849.169
911.7655
Net Cash Flow From Operatings Activities(Million)
-102.565
-30.3406
56.6873
44.5616
Net Cash Flow From Operatings Activities Change(%)
-12.78
-153.52
27.21
597.88
Net Cash Flow(Million)
-192.7281
360.3683
46.0349
10.0295
Cash From Selling Commodities/Prime Revenue(%)
112.20
70.47
83.46
98.98
Net Cash Flow/Net Profit(%)
-485.67
481.84
81.13
23.24
Cash Flow From Investing Activities(Million)
-175.175
-216.178
-37.4073
2.7755
Cash Flow From Financing Activities(Million)
85.0119
606.8869
26.7549
-37.3077

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)
830.045
1300.7746
1017.4483
921.1409
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
-
-
-
-
Administrative Costs(Million)
33.7556
36.3787
26.8979
23.8027
Financing Costs(Million)
15.4491
12.4908
14.1636
10.0071
Above Three Costs Change(%)
43.39
19.02
21.45
13.15
Operating Profit(Million)
54.2245
100.4551
79.9948
54.6453
Income From Investment(Million)
-
-
-0.0239
1.8523
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.4486
2.8709
-0.0076
3.6344
Total Profit(Million)
57.6731
103.3261
79.9873
58.2797
Corporate Income Tax(Million)
16.6923
25.7507
19.8817
12.4192
Net Profit(Million)
39.6832
74.7905
56.739
43.1547
Gross Profit Ratio(%)
16.27
16.30
15.35
12.69
Operating Margin(%)
6.53
7.72
7.86
5.93
Return On Equity(ROE)(%)
4.85
9.49
23.59
22.34

Announcements for Zhejiang Reclaim Construction Group Co., Ltd.

Date: 2012-06-06
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
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): 9.0000


Record date: 11 June 2012
Ex-date: 12 June 2012
Payment date: 12 June 2012
Listing date of the bonus issues: 12 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-30
Title: RESTRICTED SHARE LISTING
Among the Company's 9600000 restricted shares to be unlocked on 04 June 2012, 9600000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-05-17
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 16 May 2012, during which the following proposal(s) was/were approved:
1. Partial change of projects invested with raised funds.
Date: 2012-04-26
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 16 May 2012.

Meeting agenda:
1. Partial change of projects invested with raised funds

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: 2012-03-30
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 30 March 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):9.0000.
Date: 2012-03-30
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 20 April 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2012 guarantee for controlled subsidiaries
8. 2012 comprehensive credit line applied to banks by the Company and controlled subsidiaries
9. Amendments to the Company's articles of association
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): 9.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 17 April 2012
Date: 2011-10-18
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2011 on 17 October 2011, during which the following proposal(s) was/were approved:
1. Amendments to the rules of procedures for the directors board
2. Guarantee for a controlled subsidiary
3. Guarantee for another controlled subsidiary
4. Guarantee for a wholly-owned subsidiary.
Date: 2011-09-29
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2011 at 09:00 on 17 October 2011.

Meeting agenda:
1. Amendments to the rules of procedures for the directors board
2. Guarantee for a controlled subsidiary
3. Guarantee for another controlled subsidiary
4. Guarantee for a wholly-owned subsidiary

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 10 October 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: 13 October 2011
Date: 2011-08-30
Title: PLACING SHARE LISTING
The Company's 5.4 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 02 September 2011.
Date: 2011-07-01
Title: EGM RESOLUTION
THE CO HELD ITS 3RD EGM OF 2011 ON 30JUN11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. TO OPTIMIZE THE ARTICLES OF ASSOCIATION OF THE COMPANY AFTER ITS PUBLIC LISTING
2. INCREASE IN CAPITAL IN A WHOLLY-OWNED SUBSIDIARY WITH RAISED FUNDS
3. INCREASE IN CAPITAL IN A CONTROLLED SUBSIDIARY WITH RAISED FUNDS