Zhejiang Shimge Pump Industry Co.,Ltd.



Quote for Zhejiang Shimge Pump Industry Co.,Ltd.

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Symbol/Code:
002532
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002532 quote

Summary for Zhejiang Shimge Pump Industry Co.,Ltd.

Shimge Pump Industry Group Co., LTD, formerly ZHEJIANG SHIMGE PUMP INDUSTRY CO., LTD., is principally engaged in the research, development, manufacture and distribution of water pumps and air compressors. The Company primarily provides small-scale underwater electric pumps, sewage and waste underwater electric pumps, self priming pumps, underwater electric pumps for wells, onshore pumps and other agricultural water pumps as well as air compressors and other related components. Its products are applied in various areas, such as agricultural irrigation, rural water supply and transportation, as well as rural sewage processing, among others. The Company distributes its products in both domestic and overseas markets.

Profile for Zhejiang Shimge Pump Industry Co.,Ltd.

Full Name:Zhejiang Shimge Pump Industry Co.,Ltd.
Full Name in Chinese:新界泵业集团股份有限公司 Short Name in Chinese:新界泵业
Symbol/Stock Code:
002532
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Xu Mintian
Secretary of the Board:
Yan Xianfa
Phone:
+86-576-81670968
Fax:
+86-576-86338769
Official Website:www.shimge.com
E-mail:shimgezjb@126.com
Address:Dayangcheng Industrial Zone,Daxi Town, Wenling City,TAIZHOU ZHJ 317525
IPO Subscription Date:
2010-12-22
Listing Date:
2010-12-31
IPO Issued Capital:
20000000
IPO Price:
32.88 CNY
IPO fees:
45726400 CNY
Money Raised by IPO:
657600000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
611873600 CNY
Open(Listing day):
39.88 CNY
Close(Listing day):
37.00 CNY
Diluted P/E ratio after IPO:
58.7100
Turnover rate(listing day):
70.57%

Financials for Zhejiang Shimge Pump Industry Co.,Ltd.

UPDATE:2012-10-24 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)
70.5818
60.1927
59.1814
47.0924
Net Profit Growth(%)
39.26
1.70
25.67
71.39
Return On Equity(ROE)(%)
8.00
7.27
7.62
32.63
Debt ratio(%)
20.97
18.71
22.57
49.70
Net Operating Cash Flow/Net Profit(%)
149.33
43.74
108.23
149.23

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)
0.4400
0.3800
0.4900
0.7800
Diluted Earnings Per Share
0.0000
0.3400
0.4200
0.7400
Net Asset Value Per Share (NAVPS)
5.5100
5.1700
9.7000
2.4100
Additional Paid-In Capital Per Share
3.3153
3.3158
7.6422
0.3251
Retained Earnings Per Share
1.0817
0.7405
0.9011
0.9579
Net Cash Flow From Operatings Activities Per Share
0.6600
0.1600
0.8000
1.1700
Net Cash Flow Per Share
-0.4237
-1.4467
8.0080
0.4184

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)
1152.0346
1039.36
1005.1033
290.6526
Total Liabilities(Million)
241.6023
194.4854
226.952
144.4605
Current Liabilities(Million)
236.6374
189.8094
222.0183
144.4605
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
407.6291
458.3159
689.7927
49.8322
Accounts Receivables(Million)
61.2361
40.1779
28.8111
26.91
Deposit Received(Million)
69.89
40.4528
31.4834
17.1106
Other Receivables(Million)
11.2962
6.8302
5.4967
2.0662
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
882.2171
827.7177
776.3741
144.3191
Debt ratio(%)
20.97
18.71
22.57
49.70
Equity Ratio(%)
76.5700
79.6300
77.2400
49.6500
Current Ratio
2.9032
3.8393
3.9351
1.2423
Quick Ratio
2.0973
2.8242
3.3544
0.6065

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)
761.2769
831.7501
624.2353
501.494
Net Cash Flow From Operatings Activities(Million)
105.401
26.3266
64.0509
70.2768
Net Cash Flow From Operatings Activities Change(%)
-1176.40
-58.90
-8.86
110.90
Net Cash Flow(Million)
-67.7868
-231.4768
640.6365
25.103
Cash From Selling Commodities/Prime Revenue(%)
107.62
108.79
110.01
112.07
Net Cash Flow/Net Profit(%)
-96.04
-384.56
1082.50
53.31
Cash Flow From Investing Activities(Million)
-120.836
-153.7458
-42.9648
-6.9348
Cash Flow From Financing Activities(Million)
-52.6003
-104.9042
621.2223
-35.8167

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)
707.3873
764.5149
567.4267
447.4779
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
35.4684
40.0535
21.5588
20.6741
Administrative Costs(Million)
48.5802
57.6843
40.5916
32.4452
Financing Costs(Million)
-4.8744
-4.9161
5.501
5.2021
Above Three Costs Change(%)
28.64
37.21
16.00
17.80
Operating Profit(Million)
79.3803
62.3566
60.1197
51.2097
Income From Investment(Million)
4.2555
6.1234
0.7177
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.2024
7.2418
6.5391
2.6596
Total Profit(Million)
83.5827
69.5984
66.6588
53.8693
Corporate Income Tax(Million)
11.9636
9.1304
7.5732
6.8197
Net Profit(Million)
70.5818
60.1927
59.1814
47.0924
Gross Profit Ratio(%)
24.31
20.59
22.01
24.72
Operating Margin(%)
11.22
8.15
10.59
11.44
Return On Equity(ROE)(%)
8.00
7.27
7.62
32.63

Announcements for Zhejiang Shimge Pump Industry Co.,Ltd.

Date: 2012-07-26
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 14:00 on 10 August 2012.

Meeting agenda:
1 Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 08 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: 09 August 2012
Date: 2012-06-14
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 13 June 2012, during which the following proposal(s) was/were approved:
1. To permanently replenish the working capital with excessive raised funds.
Date: 2012-06-12
Title: EGM REMINDER
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:50 on 13 June 2012.

Meeting agenda:
1. To permanently replenish the working capital with excessive raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 05 June 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 June 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: 13 June 2012
Voting code:362532
Voting abbreviation:Shimge Pump Industry 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 12 June 2012 to 13 June 2012.
Date: 2012-05-30
Title: EGM CHANGE
Further to our previous message on 29 May 2012 about the Company's 2nd Extraordinary General Meeting of 2012, the Company announced on 30 May 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) Meeting Date:20120613 14:50:00

Other information remains unchanged.
Date: 2012-05-29
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 15:00 on 13 June 2012.

Meeting agenda:
1. To permanently replenish the working capital with excessive raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 05 June 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 June 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: 13 June 2012
Voting code:362532
Voting abbreviation:Shimge Pump Industry 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 12 June 2012 to 13 June 2012.
Date: 2012-05-08
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 07 May 2012, during which the following proposal(s) was/were approved:
1. Acquisition of a company via capital increase
2. The Company and two other companies to carry out forward foreign exchange settlement and sales business with banks
3. Guarantee for the above two companies' forward foreign exchange settlement and sales business
4. 2012 remuneration for supervisors.
Date: 2012-04-10
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: 17 April 2012
Ex-date: 18 April 2012
Payment date: 18 April 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: 2012-03-29
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 28 March 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. Special report on the deposit and use of raised funds in 2011
6. 2011 profit distribution plan
7. Change of the Company's name
8. Amendments to the Company's articles of association
9. Appointment of 2012 audit firm
10. Loan guarantee for a controlled subsidiary
11. Re-election of directors, including Xu Mintian, Xu Hongfeng, Ye Xinghong, Wang Jianzhong, Yan Xianfa, Hao Yunhong, Zhang Xiansheng, Zhu Yayuan, Xu Hongyin
12. Re-election of supervisors, including Zhang Hong, Liu Jinxiao
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: 2012-03-07
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 07 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):none.
Date: 2012-03-07
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 14:00 on 28 March 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. Special report on the deposit and use of raised funds in 2011
6. 2011 profit distribution plan
7. Change of the Company's name
8. Amendments to the Company's articles of association
9. Appointment of 2012 audit firm
10. Loan guarantee for a controlled subsidiary
11. Re-election of directors, including Xu Mintian, Xu Hongfeng, Ye Xinghong, Wang Jianzhong, Yan Xianfa, Hao Yunhong, Zhang Xiansheng, Zhu Yayuan, Xu Hongyin
12. Re-election of supervisors, including Zhang Hong, Liu Jinxiao
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 23 March 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: 26 March 2012