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Last $1.21 HKD
Change Today +0.01 / 0.83%
Volume 4.9M
1266 On Other Exchanges
Symbol
Exchange
Hong Kong
As of 4:01 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

xiwang special steel co ltd (1266) Snapshot

Open
$1.21
Previous Close
$1.20
Day High
$1.22
Day Low
$1.16
52 Week High
11/19/14 - $1.55
52 Week Low
08/25/14 - $0.90
Market Cap
2.4B
Average Volume 10 Days
1.7M
EPS TTM
$0.20
Shares Outstanding
2.0B
EX-Date
06/2/15
P/E TM
4.8x
Dividend
$0.02
Dividend Yield
1.55%
Current Stock Chart for XIWANG SPECIAL STEEL CO LTD (1266)

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xiwang special steel co ltd (1266) Details

Xiwang Special Steel Company Limited, together with its subsidiaries, primarily manufactures and sells electric arc furnace-based special steel products in Mainland China. The company operates through four segments: Ordinary Steel, Special Steel, Trading of Commodities, and By-Products. It produces ordinary steel products, such as rebars primarily for use in building construction and infrastructure projects; and ribbed and plain wire rods for use in making of coil, spring, electronic, and precise machinery parts. The company also offers special steel products comprising carbon structural steel products, including steel bars and steel wires primarily for buildings and infrastructures; alloy structural steel products principally for machineries; bearing steel bars and wires for manufacturing rollers and ball bearings for automobile industry; and steel welding wire products for use in manufacturing welding electrode wires in the electrode conduit, liner of welding guns, and welding torches, as well as offers stainless steel products. In addition, it trades in commodities, such as iron ore dust, pellets, steel billets, and coke; and sells by-products, including steel slag, steam, and electricity, as well as purchases and sells steel scrap. The company was founded in 2003 and is headquartered in Zouping, China. Xiwang Special Steel Company Limited is a subsidiary of Xiwang Investment Company Limited.

4,564 Employees
Last Reported Date: 04/24/15
Founded in 2003

xiwang special steel co ltd (1266) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: CNY146.0K
Executive Director
Total Annual Compensation: CNY1.4M
Compensation as of Fiscal Year 2014.

xiwang special steel co ltd (1266) Key Developments

Xiwang Special Steel Company Limited, Annual General Meeting, May 29, 2015

Xiwang Special Steel Company Limited, Annual General Meeting, May 29, 2015., at 09:30 China Standard Time. Location: Monaco Room, Basement 1. Agenda: To receive and consider the audited consolidated financial statements of the company and the reports of the directors and auditors of the company for the year ended 31 December 2014; to consider and approve a final dividend for the year ended 31 December 2014; to re-appoint Directors; to consider and approve the re-appointment of Ernst & Young as auditors of the company and to authorise the board of directors of the company to fix their remuneration; and to consider all the powers of the company to purchase the shares in the capital of the company on The Stock Exchange of Hong Kong Limited or on any other stock exchange on which the shares of the company may be listed and recognised by the Securities and Futures Commission of Hong Kong and the Stock Exchange for this purpose, and subject to and in accordance with all applicable laws, rules and regulations.

Xiwang Special Steel Company Limited Announces Board Changes

The board of directors of Xiwang Special Steel Company Limited announced that Mr. Sun Xinhu, originally a non-executive Director, has been re-designated as an executive Director with effect from April 16, 2015. The Board announced that with effect from April 16, 2015, Ms. Li Yiyi has been appointed as a non-executive Director, and Mr. Liu Xiangming has been appointed as an independent non-executive Director, a member of the Audit Committee and the chairman of the Remuneration Committee and the Nomination Committee of the company. The Board announced that Mr. He Qingwen has resigned as an executive Director with effect from April 16, 2015 for the reason of his other business commitments. The Board announced that Mr. Zhang Gongxue has resigned as an independent non-executive Director, a member of the Audit Committee and the chairman of the Remuneration Committee and the Nomination Committee of the Company with effect from April 16, 2015 for the reason of his other business commitments. The Board announced Mr. Li Dianzhong has been appointed as the technical director of the group with effect from April 16, 2015.

Xiwang Special Steel Company Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Xiwang Special Steel Company Limited announced audited consolidated earnings results for the year ended December 31, 2014. For the period, the company reported revenue was RMB 8,641,517,000 against RMB 7,029,766,000 a year ago. Operating profit was RMB 740,083,000 against RMB 635,487,000 a year ago. Profit before tax was RMB 540,450,000 against RMB 503,187,000 a year ago. Profit attributable to owners of the parent was RMB 406,604,000 against RMB 383,804,000 a year ago. Diluted earnings per share were 20.3 cents against 19.2 cents a year ago. Net cash flows from operating activities was RMB 1,887,388,000 against RMB 1,587,000 a year ago. Purchases of items of property, plant and equipment was RMB 1,849,408,000 against RMB 2,215,581,000 a year ago.

 

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1266

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Valuation 1266 Industry Range
Price/Earnings 4.8x
Price/Sales 0.2x
Price/Book 0.5x
Price/Cash Flow 4.8x
TEV/Sales NM Not Meaningful
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