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Last $4.73 HKD
Change Today +0.19 / 4.19%
Volume 2.6M
As of 4:01 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

cecep costin new materials (2228) Snapshot

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06/3/15 - $5.26
52 Week Low
08/15/14 - $2.77
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Current Stock Chart for CECEP COSTIN NEW MATERIALS (2228)

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cecep costin new materials (2228) Details

CECEP COSTIN New Materials Group Limited, an investment holding company, manufactures and sells non-woven fabrics and other non-woven materials. The company also manufactures and sells chemical fibers produced from recycled materials, such as polyester chips; and thermal resistant filtration materials. It offers its products for various applications, including industrial dust filtration materials, differential fibers, functional non-woven materials, shoes materials, household textile materials, decorative construction materials, infrastructure materials, suitcases and packaging materials, and interior decoration material for vehicles. In addition, the company is involved in the retail and wholesale of filtration materials, non-woven materials, foods, drinks, crafts, health products, daily necessities, and flowers; provision of information technology and management supporting services; provision of non-woven materials technology consulting services; and wholesale of filtration materials and non-woven materials. It has operations in the People’s Republic of China, Hong Kong, and internationally. The company was formerly known as COSTIN New Materials Group Limited and changed its name to CECEP COSTIN New Materials Group Limited in June 2012. CECEP COSTIN New Materials Group Limited was founded in 1999 and is headquartered in Tsimshatsui, Hong Kong.

1,001 Employees
Last Reported Date: 04/16/15
Founded in 1999

cecep costin new materials (2228) Top Compensated Officers

Co-Founder, Chief Executive Officer, Executiv...
Total Annual Compensation: CNY1.2M
Co-Founder, Co-Chairman and Member of Nominat...
Total Annual Compensation: CNY951.0K
Total Annual Compensation: CNY951.0K
Executive Director
Total Annual Compensation: CNY189.0K
Compensation as of Fiscal Year 2014.

cecep costin new materials (2228) Key Developments

CECEP COSTIN New Materials Group Limited Announces Board Changes

The board of directors of CECEP COSTIN New Materials Group Limited announced that Mr. Pan Tingxuan has tendered his resignation as a non-executive Director with effect from 1 June 2015 due to other business commitment. The board announced that Ms. Ma Yun has been appointed as a non-executive director of the company with effect from 1 June 2015. Ms. Ma Yun, is a senior accountant and has over 23 years of experience in accounting and financial management. Ms. Ma was a former non-executive Director of the company for the period from 30 March 2013 to 31 October 2013. Ms. Ma has joined CECEP Chongqing Industry Co. Ltd., the controlling shareholder of the company, since 1997 and is currently the chief accountant of CECEP Chongqing. Ms. Ma is also the executive director of a subsidiary of CECEP Chongqing, namely Haikou Dong Fang Yuan Biological Energy Company Limited.

CECEP COSTIN New Materials Group Limited Announces Audited Consolidated Cash Flow Results for the Year Ended December 31, 2014

CECEP COSTIN New Materials Group Limited announced audited consolidated cash flow results for the year ended December 31, 2014. For the year, the company announced net cash flow generated from operating activities of RMB 368.478 million against RMB 381.459 million for the same period a year ago. Purchases of property, plant and equipment were RMB 1.916 million against RMB 25.786 million for the same period a year ago. Payment for construction in progress was RMB 6.959 million against RMB 6.553 million for the same period a year ago.

CECEP COSTIN New Materials Group Limited Proposes Final Dividend for the Year Ended December 31, 2014, Payable on or About June 30, 2015

CECEP COSTIN New Materials Group Limited announced that on 20 March 2015, the Directors have resolved to recommend the payment of a final dividend of 6.5 HK cents per ordinary share to the shareholders of the company as recorded on the register of members of the company on June 22, 2015. The final dividend will be paid to the Shareholders on or about June 30, 2015. Coupled with the interim dividend of 3.5 HK cents per ordinary share that was already paid to the Shareholders during the year, the total amount of dividends declared to the Shareholders for the year ended December 31, 2014 will be amounted to 10 HK cents per ordinary share.


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Price/Sales 2.1x
Price/Book 1.8x
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