Last CNY20.89 CNY
Change Today 0.00 / 0.00%
Volume 0.0
002520 On Other Exchanges
Symbol
Exchange
Shenzhen
As of 3:00 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

zhejiang rifa precision ma-a (002520) Snapshot

Open
CNY20.80
Previous Close
CNY20.89
Day High
CNY21.21
Day Low
CNY20.50
52 Week High
03/17/14 - CNY27.19
52 Week Low
11/1/13 - CNY9.00
Market Cap
4.5B
Average Volume 10 Days
4.3M
EPS TTM
CNY0.03
Shares Outstanding
216.0M
EX-Date
05/14/14
P/E TM
614.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for ZHEJIANG RIFA PRECISION MA-A (002520)

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zhejiang rifa precision ma-a (002520) Details

Zhejiang RIFA Precision Machinery Co., Ltd. manufactures and sells CNC machine tools to boiler, mining, and wind industries in China. It provides CNC vertical and horizontal machining centers; CNC vertical and horizontal lathes; CNC gantry machining centers; floor-type boring machines; automatic bearing systems, such as deep groove ball bearing grinding lines, taper roller bearing automatic grinding lines, and hub bearing grinding lines; and specialized grinding machines. The company was founded in 1998 and is based in Xinchang, China. ZheJiang RIFA Precision Machinery Co., Ltd. is a subsidiary of RIFA Holding Group.

Founded in 1998

zhejiang rifa precision ma-a (002520) Top Compensated Officers

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Executives, Board Directors

zhejiang rifa precision ma-a (002520) Key Developments

Zhejiang RIFA Precision Machinery Co., Ltd., Special/Extraordinary Shareholders Meeting, Aug 06, 2014

Zhejiang RIFA Precision Machinery Co., Ltd., Special/Extraordinary Shareholders Meeting, Aug 06, 2014., at 15:00 China Standard Time. Agenda: To approve termination of examining matters related to non-public share offering; to approve eligibility for major assets restructuring of listed companies; to approve scheme for the major assets restructuring regarding assets purchase via cash; to approve acquisition of 80% equity stake in a company; to approve supplementary agreement of equity purchase agreement to be signed with the transaction counterparts; to approve use of some excessive raised funds to purchase 80% equity stake in a company; to approve the transaction is in compliance with the 4th article in the Provisions on Several Issues Concerning the Regulation of Major Assets Restructuring by Listed Companies; and to approve authorization to the board to handle matters in relation to the major assets restructuring.

Zhejiang RIFA Precision Machinery Co. Plans to Establish a Wholly-Owned Subsidiary in the Shanghai Free Trade Zone

Zhejiang RIFA Precision Machinery Co. plans to establish a wholly-owned subsidiary with self-owned CNY 5 million in the Shanghai free trade zone. The newborn will focus on import and export cargoes and technologies as well as sale od digital machine tools, machinery equipment and related parts.

Zhejiang RIFA Precision Machinery Co. Signs MoU to Establish a JV in Taiwan with Yin Fu Inc., Ltd

Zhejiang RIFA Precision Machinery Co. signed a MoU to establish a JV in Taiwan with Yin Fu Inc., Ltd. It and Yin Fu each will control a 49% and 51% stake in the JV with an injection of TWD 9.8 million, or about CNY 2.03 million, and TWD 10.2 million. The newborn will focus on import and export cargoes and technologies as well as sale od digital machine tools, machinery equipment and related parts.

 

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002520

Industry Average

Valuation 002520 Industry Range
Price/Earnings 100.0x
Price/Sales 16.2x
Price/Book 7.0x
Price/Cash Flow 314.3x
TEV/Sales 15.3x
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