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china lumena new materials (67) Details

China Lumena New Materials Corp., an investment holding company, engages in the mining, processing, and sale of powder thenardite, specialty thenardite, and medical thenardite primarily in the People’s Republic of China. The company operates through Polyphenylene Sulfide (PPS) Business, and Mining and Thenardite Business segments. It offers specialty thenardite products comprising neutral, granular, extra fine, high purity, low chlorine, low calcium and magnesium, extra white, low iron content, colored, and animal feed thenardite under the Chuanmei brand; medical thenardite under the Sansu brand for use in Chinese and Western medicines as a mild laxative and an anti-inflammatory agent; and powder thenardite primarily used in the powder detergents, glass, and textile industries. The company also produces and sells PPS products, including PPS resin, PPS compounds, and PPS fiber under the Haton brand name and Deyang trademark. Its PPS products are primarily used in the electrical/electronic, automotive/transportation, mechanical, chemical, aviation, and environmental protection industries. The company was formerly known as Lumena Resources Corp. and changed its name to China Lumena New Materials Corp. in December 2010. China Lumena New Materials Corp. was founded in 1952 and is headquartered in Central, Hong Kong.

2,516 Employees
Last Reported Date: 09/11/13
Founded in 1952

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Compensation as of Fiscal Year 2016.
china lumena new materials
China Lumena New Materials Corp Announces Auditor Change

China Lumena New Materials Corp. announced that Crowe Horwath (HK) CPA Limited has been appointed as the new auditors of the company with effect from 23 February 2017 to fill the casual vacancy following the resignation of BDO Limited and to hold office until the conclusion of the next annual general meeting of the company.

China Lumena New Materials Corp. Announces Resignation of BDO Limited as Auditors

China Lumena New Materials Corp. announced that BDO Limited has resigned as the auditors of the company with effect from December 21, 2016.

China Lumena New Materials Corp. Announces Resignation of Wong Kui Tong as Company Secretary and Authorized Representative

China Lumena New Materials Corp. announced that Mr. Wong Kui Tong (Mr. Wong) has tendered his resignation as the company secretary and authorized representative of the company with effect from 1 December 2016 to pursue other business opportunities. Mr. Wong has confirmed that he has no disagreement with the company and there is no matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the company in relation to his resignation.


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Valuation 67 Industry Range
Price/Earnings 4.4x
Price/Sales 1.2x
Price/Book 0.4x
Price/Cash Flow 4.0x
TEV/Sales NM Not Meaningful

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