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china lumena new materials (67) Details

China Lumena New Materials Corp., an investment holding company, is engaged 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

china lumena new materials (67) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: --
Chairman and Member of Remuneration Committee
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Chief Financial Officer
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Executive Director and Member of Nomination C...
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Chief Engineer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

china lumena new materials (67) Key Developments

China Lumena New Materials Corp.(SEHK:67) dropped from Hang Seng Composite Index

China Lumena New Materials Corp. will be removed from the Hang Seng Composite Index.

China Lumena New Materials Corp. Announces Delay in Publication of the 2013 Annual Results Announcement

China Lumena New Materials Corp. announced that as additional time is required by the auditors of the company to finalize the audited accounts of the Group for the year ended 31 December 2013 it will not be able to publish the announcement of the annual results of the Group for the year ended 31 December 2013 as previously announced. As a result of the delay in the finalization of the 2013 Audited Accounts, the meeting of the Board for the purposes of, among other things, considering and approving the 2013 Annual Results and the 2013 Annual Results Announcement, is therefore postponed to another date to be fixed by the Board. The company will publish a further announcement to inform the shareholders on the date of release of the 2013 Annual Results Announcement.

China Lumena New Materials Corp., Board Meeting, Mar 28, 2014

China Lumena New Materials Corp., Board Meeting, Mar 28, 2014. Agenda: To consider and approve, among other matters, the audited consolidated results of the company and its subsidiaries for the year ended 31 December 2013; and to consider the recommendation on the payment of a final dividend, if any.


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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
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