Zibo Qixiang Tengda Chemical Co., Ltd.



Quote for Zibo Qixiang Tengda Chemical Co., Ltd.

Last Trade:
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Symbol/Code:
002408
Status:
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Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002408 quote

Summary for Zibo Qixiang Tengda Chemical Co., Ltd.

ZIBO QIXIANG TENGDA CHEMICAL CO.,LTD. is principally engaged in the research, development, production and distribution of chemicals. The Company mainly provides ethyl methyl ketone class products, methyl tertiary butyl ether (MTBE), cracked isobutene, tertiary butyl alcohol, mixed butanes and styrene-butadiene latex, among others. The Company distributes its products within domestic market and to overseas markets.

Profile for Zibo Qixiang Tengda Chemical Co., Ltd.

Full Name:Zibo Qixiang Tengda Chemical Co., Ltd.
Full Name in Chinese:淄博齐翔腾达化工股份有限公司 Short Name in Chinese:齐翔腾达
Symbol/Stock Code:
002408
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Che Chengju
Secretary of the Board:
Zhou Hongxiu
Phone:
+86-533-7547767
Fax:
+86-533-7547782
Official Website:www.qxtdgf.com
E-mail:zqb@qxtdgf.com
Address:No.1 Jiaochang South Road,Linzi District,Zibo City SDG 255438
IPO Subscription Date:
2010-05-04
Listing Date:
2010-05-18
IPO Issued Capital:
65000000
IPO Price:
28.88 CNY
IPO fees:
110267100 CNY
Money Raised by IPO:
1877200000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1766932900 CNY
Open(Listing day):
26.88 CNY
Close(Listing day):
26.70 CNY
Diluted P/E ratio after IPO:
43.1000
Turnover rate(listing day):
29.11%

Financials for Zibo Qixiang Tengda Chemical 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)
282.2567
506.4272
426.9884
173.5164
Net Profit Growth(%)
-37.62
18.60
146.07
20.80
Return On Equity(ROE)(%)
9.19
17.30
16.40
36.12
Debt ratio(%)
25.41
4.35
5.78
42.16
Net Operating Cash Flow/Net Profit(%)
-188.08
-3.80
79.84
140.66

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)
0.5000
1.0800
1.0200
0.8900
Diluted Earnings Per Share
0.0000
1.0900
0.9600
0.9000
Net Asset Value Per Share (NAVPS)
5.4800
6.2700
10.0300
2.4700
Additional Paid-In Capital Per Share
2.5824
3.2989
6.9382
0.4241
Retained Earnings Per Share
1.7393
1.7830
1.8854
0.8966
Net Cash Flow From Operatings Activities Per Share
-0.9500
-0.0400
1.3100
1.2500
Net Cash Flow Per Share
-0.7802
-0.9075
6.5828
0.0425

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)
4117.1298
3061.4711
2724.4434
830.6998
Total Liabilities(Million)
1046.2678
133.3316
141.8382
350.278
Current Liabilities(Million)
1046.2678
133.3316
141.8382
350.278
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1035.612
1463.0121
1882.8957
174.0125
Accounts Receivables(Million)
201.5844
100.7817
83.7844
17.7979
Deposit Received(Million)
62.3488
25.2027
33.7075
9.7587
Other Receivables(Million)
1.668
0.1314
0.0093
3.2507
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
3070.862
2928.1395
2603.4356
480.4217
Debt ratio(%)
25.41
4.35
5.78
42.16
Equity Ratio(%)
74.5800
95.6400
94.2100
57.8300
Current Ratio
1.9205
15.4227
14.2734
0.9894
Quick Ratio
1.6794
14.5079
13.7143
0.7390

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)
1990.5905
2177.9518
2197.323
1240.6324
Net Cash Flow From Operatings Activities(Million)
-530.867
-19.2302
340.8958
244.0638
Net Cash Flow From Operatings Activities Change(%)
-410.04
-105.64
39.67
81.72
Net Cash Flow(Million)
-437.4
-423.9926
1708.6278
8.2705
Cash From Selling Commodities/Prime Revenue(%)
82.03
78.13
89.36
95.62
Net Cash Flow/Net Profit(%)
-154.97
-83.72
400.16
4.77
Cash Flow From Investing Activities(Million)
-295.7744
-270.3137
-45.6246
-56.8496
Cash Flow From Financing Activities(Million)
389.2933
-130.4812
1414.838
-178.9087

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)
2426.5687
2787.5772
2458.9127
1297.4778
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
31.6276
37.2076
40.7582
28.3812
Administrative Costs(Million)
75.9154
102.5818
43.9694
17.3816
Financing Costs(Million)
-30.3937
-17.241
-6.4901
14.8526
Above Three Costs Change(%)
103.12
56.64
29.07
-5.06
Operating Profit(Million)
339.3828
632.087
513.7825
231.0664
Income From Investment(Million)
5.632
7.1709
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.7173
-6.7422
3.4172
-1.7691
Total Profit(Million)
344.1
625.3448
517.1997
229.2973
Corporate Income Tax(Million)
61.8434
118.9176
90.2113
55.7809
Net Profit(Million)
282.2567
506.4272
426.9884
173.5164
Gross Profit Ratio(%)
17.31
27.53
24.97
22.81
Operating Margin(%)
13.98
22.67
20.89
17.80
Return On Equity(ROE)(%)
9.19
17.30
16.40
36.12

Announcements for Zibo Qixiang Tengda Chemical Co., Ltd.

Date: 2012-10-19
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 18 October 2012, during which the following proposal(s) was/were approved:
8. Amendments to the Company's articles of association
9. Shareholder return plan for the next three years
Date: 2012-09-25
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 18 October 2012.

Meeting agenda:
1. The Company's eligibility for non-public offering
2. The Company's non-public offering
2.1. Method and date of issuance
2.2. Amount and price of share subscription
2.3. Stock type and par value
2.4. Issuance targets and subscription method
2.5. Pricing base date and issuing price
2.6. Lock-up period
2.7. Exchange to be listed in
2.8. Purpose of the raised funds
2.9. Arrangement of accumulated retained profits before the non-public offering
2.10. The valid period of the resolution
3. Plan of the Company's non-public offering
4. Feasibility report on the use of funds to be raised from the Company's non-public offering
5. Statement on the use of previously raised funds
6. Authorization to the board to handle matters in relation to the non-public offering
7. Share subscription contract to be signed with a company
8. Amendments to the Company's articles of association
9. Shareholder return plan for the next three years


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 15 October 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 15 October 2012 to 15 October 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: 18 October 2012
Voting code:362408
Voting abbreviation:Qixiang Tengda 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 17 October 2012 to 18 October 2012.
Date: 2012-06-04
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): 2.0000


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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-05-10
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 09 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 and 2012 financial budget report
5. 2011 profit distribution plan and bonus issue from capital reserve
6. Appointment of audit firm
7. Amendments to the Company's articles of association
8. Change of the use of some excessive raised funds
9. Cancellation of a company and change of the implementation body for projects invested with excessive raised funds
10. Formulation of management measures for external investment
11. Amendments to the Company's rules of procedures governing shareholders' general meetings
12. Amendments to the Company's rules of procedures governing the board meetings
13. Formulation of management measures for external guarantee
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): 2.00.
Date: 2012-04-18
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 18 April 2012.

The profit distribution proposal for 2011:
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):2.0000.
Date: 2012-04-18
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 09 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 and 2012 financial budget report
5. 2011 profit distribution plan and bonus issue from capital reserve
6. Appointment of audit firm
7. Amendments to the Company's articles of association
8. Change of the use of some excessive raised funds
9. Cancellation of a company and change of the implementation body for projects invested with excessive raised funds
10. Formulation of management measures for external investment
11. Amendments to the Company's rules of procedures governing shareholders' general meetings
12. Amendments to the Company's rules of procedures governing the board meetings
13. Formulation of management measures for external guarantee
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): 2.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 04 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: 07 May 2012
Date: 2011-04-28
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY5.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 8.00


RECORD DATE: 05MAY11
EX-DATE: 06MAY11
PAYMENT DATE: 06MAY11
LISTING DATE OF THE BONUS ISSUES: 06MAY11
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 0.500000(10 PERCENT X CNY 5.000000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 4.500000(CNY 5.000000- CNY0.500000)
Date: 2011-04-22
Title: AGM RESOLUTION
THE CO HELD ITS 2010 AGM ON 21APR11, 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 ANNUAL REPORT AND ITS ABSTRACT
4. 2010 FINANCIAL RESOLUTION REPORT AND 2011 FINANCIAL BUDGET REPORT
5. 2010 PROFIT DISTRIBUTION PLAN
6. APPOINTMENT OF 2011 AUDIT FIRM
7. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
8. CHANGE OF THE CONSTRUCTION SCALE OF OF A PROJECT
9. INVESTMENT IN CONSTRUCTION OF A PROJECT WITH EXCESS FUNDS RAISED
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
1) CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY5.0000
2) BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3) BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 8.00
Date: 2011-03-31
Title: FINAL DIVIDEND
THE CO ISSUED ITS 2010 ANNUAL REPORT ON 31MAR11.

THE PROFIT DISTRIBUTION PROPOSAL FOR 2010:
1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY5.0000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES):NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES):8.000
Date: 2011-03-31
Title: AGM-SPOT
THE CO WILL HOLD THE 2010 AGM AT 09:30 ON 21APR11.

MEETING AGENDA:
1. 2010 WORK REPORT OF THE BOARD OF DIRECTORS
2. 2010 WORK REPORT OF THE SUPERVISORY COMMITTEE
3. 2010 ANNUAL REPORT AND ITS ABSTRACT
4. 2010 FINANCIAL RESOLUTION REPORT AND 2011 FINANCIAL BUDGET REPORT
5. 2010 PROFIT DISTRIBUTION PLAN
6. APPOINTMENT OF 2011 AUDIT FIRM
7. AMENDMENTS TO THE CO'S ARTICLES OF ASSOCIATION
8. CHANGE OF THE CONSTRUCTION SCALE OF OF A PROJECT
9. INVESTMENT IN CONSTRUCTION OF A PROJECT WITH EXCESS FUNDS RAISED
THE DETAILED PROFIT DISTRIBUTION PLAN ARE AS FOLLOWS:
1) CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY5.0000
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 15APR11 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: 20APR11