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Last $0.86 HKD
Change Today -0.02 / -2.27%
Volume 56.4M
1101 On Other Exchanges
Symbol
Exchange
Hong Kong
Munich
OTC US
As of 4:01 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

china rongsheng heavy indust (1101) Snapshot

Open
$0.88
Previous Close
$0.88
Day High
$0.89
Day Low
$0.85
52 Week High
05/15/14 - $2.01
52 Week Low
04/1/15 - $0.63
Market Cap
8.2B
Average Volume 10 Days
122.9M
EPS TTM
$-1.00
Shares Outstanding
9.5B
EX-Date
09/10/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA RONGSHENG HEAVY INDUST (1101)

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china rongsheng heavy indust (1101) Details

China Rongsheng Heavy Industries Group Holdings Limited, an investment holding company, is engaged in shipbuilding, marine engine building, offshore engineering, and engineering machinery activities. Its Shipbuilding segment is involved in the manufacture and construction of various vessels, including bulk carriers, crude oil tankers, and containerships. As of December 31, 2013, it had 94 vessels, representing a total of approximately 12.1 million deadweight tonnage (DWT), including 18 vessels of 64,000 DWT bulk carriers, 28 Panamax bulk carriers, 13 very large ore carriers, 1 Panamax crude oil tanker, 23 Suezmax crude oil tankers, 2 very large crude oil carriers, 1 vessel of 6,500 twenty-foot equivalent unit (TEU) containerships, and 6 vessels of 7,000 TEU containerships. The company’s Offshore Engineering segment constructs drilling units, offshore engineering process units, offshore engineering auxiliary vessels, etc. for marine projects. Its Engineering Machinery segment manufactures and distributes hydraulic excavators and crawler cranes. The company’s Marine Engine Building segment builds marine diesel engines. It is also involved in manufacturing mechanical and electrical equipment, and accessories for shipping production; storing shipping material; carrying cargo; manufacturing and installing pipeline and shipping equipment; providing shipping services and consultation for shipbuilding; and trading vessel accessories. In addition, the company is engaged in the steel construction engineering; manufacture, processing, and sale of steel and accessories, and metal proceeding products; sale of building materials; wholesale and retail of electronic machinery products; and building of shipowners club, as well as design, manufacture, and sale of marine high-power diesel engine parts and semi-finished parts. It serves oil and gas related customers and markets primarily in the People’s Republic of China. The company is headquartered in Central, Hong Kong.

3,100 Employees
Last Reported Date: 03/30/15

china rongsheng heavy indust (1101) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: CNY10.9M
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: CNY7.1M
Vice Chairman, Chairman of Remuneration Commi...
Total Annual Compensation: CNY3.3M
Executive Director
Total Annual Compensation: CNY3.3M
Executive Director and Member of Nomination C...
Total Annual Compensation: CNY3.3M
Compensation as of Fiscal Year 2013.

china rongsheng heavy indust (1101) Key Developments

China Rongsheng Heavy Industries Group Holdings Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2014

China Rongsheng Heavy Industries Group Holdings Limited reported consolidated earnings results for the year ended December 31, 2014. For the period, the company recorded negative revenue of RMB 3,802.4 million as compared to RMB 1,343.6 million for the comparative period. It was primarily attributable to the reversal of revenue from cancellation of the construction contracts in alignment with the Group's strategic plan to optimize the production and operation of its shipbuilding business. Capital expenditure was approximately RMB 68.9 million compared to RMB 694.0 million a year ago, which was mainly used in the acquisition of facilities and equipment for its constructed plants. Operating loss was RMB 6,057,678,000 against RMB 8,230,542,000 a year ago. Loss before income tax was RMB 8,089,228,000 against RMB 9,058,577,000 a year ago. Loss attributable to equity holders of the company was RMB 7,754,928,000 or RMB 1.01 per basic and diluted share against RMB 8,685,175,000 or RMB 1.24 per basic and diluted share a year ago. Net operating cash outflow of approximately RMB 2,811,141,000 during the year ended 31 December 2014.

China Rongsheng Heavy Industries Group Holdings Limited(SEHK:1101) added to Hang Seng Composite Index

China Rongsheng Heavy Industries Group Holdings Limited has been added to Hang Seng Composite Index.

China Rongsheng Heavy Industries Group Holdings Limited to Report Fiscal Year 2014 Results on Mar 30, 2015

China Rongsheng Heavy Industries Group Holdings Limited announced that they will report fiscal year 2014 results on Mar 30, 2015

 

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1101

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Valuation 1101 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales NM Not Meaningful
Price/Book 169.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 4.3x
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