Zibo Wanchang Science & Technology Co.,Ltd.



Quote for Zibo Wanchang Science & Technology Co.,Ltd.

Last Trade:
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Symbol/Code:
002581
Status:
-
Stock Type:
A Share
Market Cap:
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Update:-
Currency in CNY Time=UTC+8002581 quote

Summary for Zibo Wanchang Science & Technology Co.,Ltd.

ZIBO WANCHANG SCIENCE & TECHNOLOGY CO., LTD. is principally engaged in the chemical material and chemical products industry. The Company primarily provides trimethyl orthofomate, triethyl orthoformate and related secondary products. Its products are organic chemical intermediates, mainly used in the manufacture of agricultural chemicals, pharmaceuticals, paintings, perfumes and pigments, among others. The Company distributes its products within domestic market and to overseas markets.

Profile for Zibo Wanchang Science & Technology Co.,Ltd.

Full Name:Zibo Wanchang Science & Technology Co.,Ltd.
Full Name in Chinese:淄博万昌科技股份有限公司 Short Name in Chinese:万昌科技
Symbol/Stock Code:
002581
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Yu Xiuyuan
Secretary of the Board:
Zhang Guochang
Phone:
+86-533-2988888
Fax:
+86-533-2091578
Official Website:www.wanchang.com
E-mail:office@wanchang.com
Address:No. 18,Chaoyang Road, Zhangdian Distric,ZIBO SDG 255068
IPO Subscription Date:
2011-05-05
Listing Date:
2011-05-20
IPO Issued Capital:
27080000
IPO Price:
19 CNY
IPO fees:
43247100 CNY
Money Raised by IPO:
514520000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
471272900 CNY
Open(Listing day):
22.35 CNY
Close(Listing day):
21.40 CNY
Diluted P/E ratio after IPO:
35.1900
Turnover rate(listing day):
82.36%

Financials for Zibo Wanchang Science & Technology Co.,Ltd.

UPDATE:2012-10-17 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)
68.242
66.9763
70.2558
58.8238
Net Profit Growth(%)
49.57
-4.66
19.43
58.79
Return On Equity(ROE)(%)
9.94
9.96
39.62
45.35
Debt ratio(%)
3.63
2.59
15.42
21.36
Net Operating Cash Flow/Net Profit(%)
53.87
111.12
122.00
91.90

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)
0.6300
0.6900
0.8700
0.7200
Diluted Earnings Per Share
0.0000
0.6800
0.8600
0.7500
Net Asset Value Per Share (NAVPS)
6.3400
6.2100
2.1800
2.2400
Additional Paid-In Capital Per Share
4.3126
4.3126
0.2804
0.7926
Retained Earnings Per Share
0.8759
0.7456
0.7854
0.3993
Net Cash Flow From Operatings Activities Per Share
0.3400
0.6900
1.0600
0.9300
Net Cash Flow Per Share
-0.4861
4.1856
0.4517
-0.1292

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)
712.2748
690.1931
209.6801
164.9461
Total Liabilities(Million)
25.8938
17.9141
32.3382
35.2399
Current Liabilities(Million)
23.6938
17.9141
32.3382
35.2399
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
478.8729
531.5064
78.2884
41.6136
Accounts Receivables(Million)
24.1237
21.779
17.1223
23.4889
Deposit Received(Million)
0.5436
0.8192
1.0119
0.6394
Other Receivables(Million)
0.1774
0.064
1.4557
0.1058
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
686.381
672.2791
177.3419
129.7062
Debt ratio(%)
3.63
2.59
15.42
21.36
Equity Ratio(%)
96.3600
97.4000
84.5700
78.6300
Current Ratio
24.8719
32.5911
3.8573
2.8651
Quick Ratio
23.8728
32.1061
3.5167
2.6340

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)
188.6725
236.6642
212.3055
154.868
Net Cash Flow From Operatings Activities(Million)
36.7644
74.4265
85.7121
54.057
Net Cash Flow From Operatings Activities Change(%)
-29.29
-13.17
58.56
15.29
Net Cash Flow(Million)
-52.6336
453.218
36.6748
-7.4946
Cash From Selling Commodities/Prime Revenue(%)
86.42
96.06
85.89
72.44
Net Cash Flow/Net Profit(%)
-77.13
676.68
52.20
-12.74
Cash Flow From Investing Activities(Million)
-35.258
-27.1486
-24.4532
-15.2485
Cash Flow From Financing Activities(Million)
-54.14
405.9401
-24.5841
-46.3031

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)
218.3222
246.3693
247.1732
213.7986
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
7.4725
7.922
8.8857
8.4192
Administrative Costs(Million)
19.3899
31.4062
24.8273
22.1279
Financing Costs(Million)
-8.4726
-2.7305
0.7394
0.936
Above Three Costs Change(%)
-29.64
6.23
9.43
35.03
Operating Profit(Million)
80.3105
78.2401
83.9006
71.3858
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
-0.0258
0.8835
0.3097
-1.864
Total Profit(Million)
80.2847
79.1236
84.2103
69.5218
Corporate Income Tax(Million)
12.0427
12.1474
13.9545
10.698
Net Profit(Million)
68.242
66.9763
70.2558
58.8238
Gross Profit Ratio(%)
46.13
47.77
47.86
48.46
Operating Margin(%)
36.78
31.75
33.94
33.38
Return On Equity(ROE)(%)
9.94
9.96
39.62
45.35

Announcements for Zibo Wanchang Science & Technology Co.,Ltd.

Date: 2012-10-18
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:00 on 12 November 2012.

Meeting agenda:
1. Re-election of directors (cumulative voting system is applicable)
1.1. Nomination of Yu Xiuyuan as director candidate
1.2. Nomination of Wang Mingxian as director candidate
1.3. Nomination of Gao Baolin as director candidate
1.4. Nomination of Li Yu as director candidate
1.5. Nomination of Yan Li as director candidate
1.6. Nomination of Zhang Xuemin as director candidate
1.7. Nomination of Yin Yimin as independent director candidate
1.8. Nomination of Hou Benling as independent director candidate
1.9. Nomination of Wang Rui as independent director candidate
2. Re-election of supervisors (cumulative voting system is applicable)
2.1. Nomination of Wang Jingpo as shareholder representative supervisor
2.2. Nomination of Peng Guishan as shareholder representative supervisor


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 November 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 11 November 2012 to 11 November 2012
Date: 2012-08-16
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 15 August 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
Date: 2012-05-16
Title: RESTRICTED SHARE LISTING
Among the Company's 36582000 restricted shares to be unlocked on 21 May 2012, 36582000 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-04-12
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY5.00000000
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: CNY0.50000000(10 percent x CNY5.00000000)
Net cash dividend/10 shares after tax: CNY4.50000000(CNY5.00000000- CNY0.50000000)
Date: 2012-03-28
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 27 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 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. Appointment of 2012 audit firm
7. Formulation of the implementation rules on accumulative voting system
8. By-election of shareholder representative supervisors
9. 2011 work report of independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY5.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-02-27
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 27 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY5.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-02-27
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 27 March 2012.

Meeting agenda:
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. Appointment of 2012 audit firm
7. Formulation of the implementation rules on accumulative voting system
8. By-election of shareholder representative supervisors
9. 2011 work report of independent directors
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY5.00000000
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 21 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
Date: 2011-08-17
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 22 August 2011.
Date: 2011-07-28
Title: EGM RESOLUTION
THE CO HELD ITS 2ND EGM OF 2011 ON 27JUL11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. CHANGE OF BUSINESS SCOPE AND AMENDMENTS TO THE ARTICLES OF ASSOCIATION
Date: 2011-07-12
Title: EGM-SPOT
THE CO WILL HOLD THE 2ND EGM OF 2011 AT 09:00 ON 27JUL11.

MEETING AGENDA:
1. CHANGE OF BUSINESS SCOPE AND AMENDMENTS TO THE ARTICLES OF ASSOCIATION

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 22JUL11 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: 26JUL11