Zhejiang Shuanghuan Driveline Co.,Ltd



Quote for Zhejiang Shuanghuan Driveline Co.,Ltd

Last Trade:
-
Change:
--
Symbol/Code:
002472
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+8002472 quote

Summary for Zhejiang Shuanghuan Driveline Co.,Ltd

ZHEJIANG SHUANGHUAN DRIVELINE CO., LTD. is principally engaged in the production and distribution of transmission gears and gear components. The Company's gear products include passenger car gears, commercial vehicle gears, motorcycle gears, engineering gears and electric tool gears, among others. The Company distributes its products in domestic and overseas markets.

Profile for Zhejiang Shuanghuan Driveline Co.,Ltd

Full Name:Zhejiang Shuanghuan Driveline Co.,Ltd
Full Name in Chinese:浙江双环传动机械股份有限公司 Short Name in Chinese:双环传动
Symbol/Stock Code:
002472
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Zhanghong
Secretary of the Board:
Ye Song
Phone:
+86-576-87237669
Fax:
+86-576-87239865
Official Website:www.gearsnet.com
E-mail:yxd@gearsnet.com
Address:No. 1-14,Elec and Mechanical Industrial P,Yuhuan County,Taizhou ZHJ 317600
IPO Subscription Date:
2010-08-30
Listing Date:
2010-09-10
IPO Issued Capital:
30000000
IPO Price:
28 CNY
IPO fees:
67220000 CNY
Money Raised by IPO:
840000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
772780000 CNY
Open(Listing day):
49.90 CNY
Close(Listing day):
45.03 CNY
Diluted P/E ratio after IPO:
51.8500
Turnover rate(listing day):
74.10%

Financials for Zhejiang Shuanghuan Driveline 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)
87.9743
157.9395
130.754
70.121
Net Profit Growth(%)
-28.67
20.79
86.46
34.12
Return On Equity(ROE)(%)
6.41
11.70
10.66
21.68
Debt ratio(%)
21.52
23.04
17.99
65.51
Net Operating Cash Flow/Net Profit(%)
90.97
100.46
137.09
75.78

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)
0.3200
0.7400
0.7500
0.7900
Diluted Earnings Per Share
0.0000
0.7100
0.7100
0.7300
Net Asset Value Per Share (NAVPS)
4.9400
6.3100
10.3300
3.6400
Additional Paid-In Capital Per Share
2.2130
3.1769
6.5185
0.3560
Retained Earnings Per Share
1.5612
1.9182
2.5462
2.0704
Net Cash Flow From Operatings Activities Per Share
0.2900
0.7400
1.5100
0.6000
Net Cash Flow Per Share
-0.5248
-0.7367
3.3502
-0.0472

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)
1749.747
1753.4106
1496.3504
938.0935
Total Liabilities(Million)
376.5821
404.0681
269.3074
614.5844
Current Liabilities(Million)
339.5143
396.0194
253.8294
542.3994
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
102.4513
252.1346
407.3204
25.0517
Accounts Receivables(Million)
169.1388
179.8408
134.3169
136.4295
Deposit Received(Million)
12.2103
18.8969
15.5042
3.9404
Other Receivables(Million)
13.5594
8.7673
20.337
24.3223
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1373.1649
1349.3425
1227.0431
323.5091
Debt ratio(%)
21.52
23.04
17.99
65.51
Equity Ratio(%)
78.4700
76.9500
82.0000
34.4800
Current Ratio
2.5770
2.4023
3.6996
0.8114
Quick Ratio
1.2743
1.4636
2.5312
0.3988

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)
693.1646
998.7201
965.0095
553.612
Net Cash Flow From Operatings Activities(Million)
80.0297
158.663
179.2556
53.1411
Net Cash Flow From Operatings Activities Change(%)
-25.31
-11.49
237.32
-37.97
Net Cash Flow(Million)
-145.8849
-157.5374
398.0028
-4.1883
Cash From Selling Commodities/Prime Revenue(%)
113.96
107.54
114.47
104.55
Net Cash Flow/Net Profit(%)
-165.83
-99.75
304.39
-5.97
Cash Flow From Investing Activities(Million)
-163.8756
-383.1139
-160.1338
-73.975
Cash Flow From Financing Activities(Million)
-62.4669
70.699
380.7031
16.7452

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)
608.2324
928.7236
843.055
529.5339
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
24.2079
39.762
46.0295
26.4591
Administrative Costs(Million)
62.868
79.8164
66.2711
47.1229
Financing Costs(Million)
6.6271
8.8635
24.3466
27.8054
Above Three Costs Change(%)
4.20
-6.00
34.78
-2.84
Operating Profit(Million)
97.2346
176.6673
148.2525
77.9021
Income From Investment(Million)
0.0681
0.0393
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
6.1285
6.2979
8.2052
5.9671
Total Profit(Million)
103.363
182.9652
156.4576
83.8691
Corporate Income Tax(Million)
15.3887
25.0258
25.7037
13.7482
Net Profit(Million)
87.9743
157.9395
130.754
70.121
Gross Profit Ratio(%)
31.74
33.47
34.78
35.87
Operating Margin(%)
15.98
19.02
17.58
14.71
Return On Equity(ROE)(%)
6.41
11.70
10.66
21.68

Announcements for Zhejiang Shuanghuan Driveline Co.,Ltd

Date: 2012-09-07
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 06 September 2012, during which the following proposal(s) was/were approved:
1. Re-election of directors, accumulative voting system applicable
1.1. Election of Wu Changhong as director candidate
1.2. Election of Ye Shanqun as director candidate
1.3. Election of Jiang Yiqing as director candidate
1.4. Election of Li Shuitu as director candidate
1.5. Election of Huang Liangbin as director candidate
1.6. Election of Jing Daiyun as director candidate
1.7. Election of Ke Tao as independent director candidate
1.8. Election of Zhang Liangzhong as independent director candidate
1.9. Election of Du Qunyang as independent director candidate
2. Re-election of supervisors, accumulative voting system applicable
2.1. Election of Li Shaoguang as shareholder representative supervisor candidate
2.2. Election of Ye Jiming as shareholder representative supervisor candidate
2.3. Election of Chen Jianfeng as shareholder representative supervisor candidate
3. Amendments to the Company's articles of association
4. Shareholder return plan for the next three years from 2012 to 2014
Date: 2012-08-20
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:00 on 06 September 2012.

Meeting agenda:
1. Re-election of directors, accumulative voting system applicable
1.1. Election of Wu Changhong as director candidate
1.2. Election of Ye Shanqun as director candidate
1.3. Election of Jiang Yiqing as director candidate
1.4. Election of Li Shuitu as director candidate
1.5. Election of Huang Liangbin as director candidate
1.6. Election of Jing Daiyun as director candidate
1.7. Election of Ke Tao as independent director candidate
1.8. Election of Zhang Liangzhong as independent director candidate
1.9. Election of Du Qunyang as independent director candidate
2. Re-election of supervisors, accumulative voting system applicable
2.1. Election of Li Shaoguang as shareholder representative supervisor candidate
2.2. Election of Ye Jiming as shareholder representative supervisor candidate
2.3. Election of Chen Jianfeng as shareholder representative supervisor candidate
3. Amendments to the Company's articles of association
4. 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 31 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 01 September 2012 to 01 September 2012
Date: 2012-05-09
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
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): 3.0000


Record date: 15 May 2012
Ex-date: 16 May 2012
Payment date: 16 May 2012
Listing date of the bonus issues: 16 May 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: 2012-05-03
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 29 April 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 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Reappointment of audit firm
7. Amendments to the Company's articles of association
8. Amendments to the Company's connected transactions management system
9. Amendments to management system for investment decision-making
10. Formulation of implementation rules for accumulative voting and online voting at shareholders' meeting
11. 2012 financing quota, assets mortgage, guarantee for subsidiaries
The detailed profit distribution plan are as follows:
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): 3.00.
Date: 2011-09-08
Title: RESTRICTED SHARE LISTING
The Company's 28994400 restricted A-shares will be listed on the Shenzhen Stock Exchange as of 13 September 2011.
Date: 2011-07-08
Title: EGM RESOLUTION
THE CO HELD ITS 1ST EGM OF 2011 ON 07JUL11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
Date: 2011-06-22
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:00 ON 07JUL11.

MEETING AGENDA:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 30JUN11 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: 02JUL11
Date: 2011-05-25
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): 8.00


RECORD DATE: 30MAY11
EX-DATE: 31MAY11
PAYMENT DATE: 31MAY11
LISTING DATE OF THE BONUS ISSUES: 31MAY11
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)
Date: 2011-05-19
Title: AGM RESOLUTION
THE CO HELD ITS 2010 AGM ON 18MAY11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. 2010 WORK REPORT OF THE BOARD OF DIRECTORS
2. 2010 WORK REPORT OF THE SUPERVISORY COMMITTEE
3. 2010 FINANCIAL RESOLUTION REPORT
4. 2010 PROFIT DISTRIBUTION PLAN
5. 2010 ANNUAL REPORT AND ITS SUMMARY
6. RE-APPOINTMENT OF AUDIT FIRM
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
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): 8.00
Date: 2011-04-27
Title: AGM-SPOT
THE CO WILL HOLD THE 2010 AGM AT 09:00 ON 18MAY11.

MEETING AGENDA:
1. 2010 WORK REPORT OF THE BOARD OF DIRECTORS
2. 2010 WORK REPORT OF THE SUPERVISORY COMMITTEE
3. 2010 FINANCIAL RESOLUTION REPORT
4. 2010 PROFIT DISTRIBUTION PLAN
5. 2010 ANNUAL REPORT AND ITS SUMMARY
6. RE-APPOINTMENT OF AUDIT FIRM
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
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): 8.00

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 12MAY11 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: 14MAY11