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Last $3.55 HKD
Change Today -0.07 / -1.93%
Volume 10.0K
641 On Other Exchanges
Symbol
Exchange
Berlin
Hong Kong
As of 4:01 AM 05/7/15 All times are local (Market data is delayed by at least 15 minutes).

chtc fong's industries co lt (641) Snapshot

Open
$3.49
Previous Close
$3.62
Day High
$3.55
Day Low
$3.49
52 Week High
04/17/15 - $4.05
52 Week Low
05/28/14 - $2.04
Market Cap
2.0B
Average Volume 10 Days
337.4K
EPS TTM
$0.21
Shares Outstanding
551.4M
EX-Date
05/28/15
P/E TM
16.6x
Dividend
$0.06
Dividend Yield
1.94%
Current Stock Chart for CHTC FONG'S INDUSTRIES CO LT (641)

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chtc fong's industries co lt (641) Details

CHTC Fong's Industries Company Limited, an investment holding company, manufactures and sells textile dyeing and finishing machines primarily in the People’s Republic of China, Hong Kong, the Asia Pacific, Europe, North America, and South America. The company trades in stainless steel supplies; and manufactures and trades in stainless steel casting products, and textile machinery and technical parts, as well as provides metal forming and assembly services. In addition, it offers services on recycling of polluted water, as well as sells water recycling systems. The company was formerly known as Fong’s Industries Company Limited and changed its name to CHTC Fong's Industries Company Limited in December 2013. The company was founded in 1963 and is headquartered in Tsing Yi, Hong Kong. CHTC Fong's Industries Company Limited is a subsidiary of China Hi-Tech Holding Company Limited.

4,540 Employees
Last Reported Date: 04/20/15
Founded in 1963

chtc fong's industries co lt (641) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $4.9M
Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: $4.1M
Executive Director
Total Annual Compensation: $9.1M
Executive Director
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2014.

chtc fong's industries co lt (641) Key Developments

CHTC Fong's Industries Company Limited Announces Audited Consolidated Cash Flow Results for the Year Ended December 31, 2014

CHTC Fong's Industries Company Limited announced audited consolidated cash flow results for the year ended December 31, 2014. For the year, the company reported net cash generated from operating activities of HKD 58,389,000 against HKD 509,112,000 a year ago. Purchases of property, plant and equipment was HKD 38,198,000 compared to HKD 143,003,000 a year ago.

CHTC Fong's Industries Company Limited Proposes Final Dividend for the Full Year Ended December 31, 2014

CHTC Fong's Industries Company Limited proposed final dividend of 5 HK cents per share for the year ended 31 December 2014 and the subdivision of each (1) existing issued and unissued share of HKD 0.10 each in the share capital of the company into two (2) subdivided shares of HKD 0.05 each, respectively.

CHTC Fong's Industries Company Limited Amends Co-Operation Agreement for Urban Renewal Project

CHTC Fong's Industries Company Limited announced that, a Project Company has requested FNES to amend the terms of the Co-operation Agreement regarding the deferral of the second and third instalment payments of the Cash Compensation from on or before 31 December 2015 to on or before 30 September 2016 and a change of the guarantors. In the circumstance and after arm's length negotiation among the parties, on 2 April 2015, it was mutually agreed in writing among FNES, FNECL, the Project Company and (Shenzhen Jincheng Property Development Limited) to defer the second and third instalment payments in respect of the Cash Compensation from on or before 31 December 2015 to on or before 30 September 2016 and the change of guarantors to be subject to and conditional upon the approval of the Shareholders being obtained. FNES had received the first instalment payment of the Cash Compensation amounting to RMB 100 million (equivalent to approximately HKD 126 million). The parties have agreed to amend the terms of the Co-operation Agreement to the effect that, subject to and conditional upon the approval of the Shareholders: as the second instalment payment, the Project Company shall pay a further amount of RMB 100 million (equivalent to approximately HKD 126 million) in cash within 10 business days upon the Project Company having obtained approval of the Urban Renewal Project proposal by the relevant governmental authority in Shenzhen, and in any event, on or before 30 September 2016; as the third instalment payment, the Project Company shall pay a further amount of RMB 100 million (equivalent to approximately HKD 126 million) in cash on or before 30 September 2016; the payment schedule in respect of the fourth instalment of RMB 300 million (equivalent to approximately HKD 378 million) in cash within 30 days of the Project Company being designated by relevant governmental authority in Shenzhen as the sole principal of the Urban Renewal Project and the last instalment of RMB 400 million (equivalent to approximately HKD 504 million) in cash within 30 days of the Project Company signing the land use rights transfer agreement with relevant governmental authorities and registering itself as the owner of the land use rights of the Land shall remain unchanged.

 

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641

Industry Average

Valuation 641 Industry Range
Price/Earnings 16.9x
Price/Sales 0.6x
Price/Book 1.5x
Price/Cash Flow 16.9x
TEV/Sales 0.1x
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