Last $2.88 HKD
Change Today +0.03 / 1.05%
Volume 290.0K
641 On Other Exchanges
Symbol
Exchange
Berlin
Hong Kong
As of 4:01 AM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

fong's industries co ltd (641) Snapshot

Open
$2.86
Previous Close
$2.85
Day High
$2.88
Day Low
$2.77
52 Week High
05/24/12 - $4.84
52 Week Low
12/13/12 - $1.71
Market Cap
1.6B
Average Volume 10 Days
1.3M
EPS TTM
$0.28
Shares Outstanding
551.4M
EX-Date
03/27/13
P/E TM
10.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for FONG'S INDUSTRIES CO LTD (641)

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fong's industries co ltd (641) Details

Fong’s Industries Company Limited, an investment holding company, engages in the manufacture and sale of 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 is also involved in the trading of stainless steel supplies; and manufacture and trading of stainless steel casting products, and textile machinery and technical parts, as well as the provision of metal forming and assembly services. In addition, it offers research and development services; and services on recycling of polluted water, as well as sells water recycling systems. The company was founded in 1963 and is headquartered in Tsing Yi, Hong Kong. Fong’s Industries Company Limited is a subsidiary of China Hi-Tech Holding Company Limited.

4,620 Employees
Last Reported Date: 04/11/13
Founded in 1963

fong's industries co ltd (641) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $1.5M
Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: $4.5M
Founder and Honorary Chairman
Total Annual Compensation: $2.1M
Chief Financial Officer
Total Annual Compensation: $1.3M
Executive Director
Total Annual Compensation: $6.1M
Compensation as of Fiscal Year 2012.

fong's industries co ltd (641) Key Developments

Fong's Industries Co. Ltd. Announces Audited Consolidated Cash Flow Results for the Year Ended December 31, 2012

Fong's Industries Co. Ltd. announced audited consolidated cash flow results for the year ended December 31, 2012. For the year, the company reported net cash generated from operating activities of HKD 146,813,000 against net cash used operating activities of HKD 24,383,000 a year ago. Purchases of property, plant and equipment was HKD 63,858,000 against HKD 43,439,000 a year ago.

Fong's Industries Co. Ltd. Announces Audited Consolidated Results for the Year Ended December 31, 2012

Fong's Industries Co. Ltd. announced audited consolidated results for the year ended December 31, 2012. For the year, the company reported revenue of HKD 2,126,467,000 against HKD 2,198,608,000 a year ago. Profit before tax was HKD 156,076,000 against HKD 73,159,000 a year ago. Profit for the year was HKD 152,027,000 against HKD 59,057,000 a year ago. Total comprehensive income for the year was HKD 145,665,000 against HKD 109,272,000 a year ago. Basic and diluted earnings per share were 27.6 cents against 10.7 cents a year ago. The significant increase in profit was due to the one-off gain of approximately HKD 288 million on "gain on remeasurement of previously held interests in jointly controlled entities" from the acquisition of the German Monforts Group during the year.

Fong's Industries Co. Ltd., Annual General Meeting, May 15, 2013

Fong's Industries Co. Ltd., Annual General Meeting, May 15, 2013., at 11:00 China Standard Time. Location: Pacific Room II, 9/F., Tower Wing. Agenda: To consider and approve the audited consolidated financial statements and the reports of the directors and independent auditor of the company for the year ended December 31, 2012; to re-elect the retiring directors of the company and to authorize the board of directors of the company to fix the directors' remuneration; to appoint Baker Tilly Hong Kong Limited as the auditor of the company; to fix maximum number of directors at 11; to authorise directors to fill any vacancies on the board of directors of the Company and to appoint additional directors up to such maximum or such other maximum as may be determined from time to time by shareholders of the company in addition to those in office at the date of passing this resolution; to authorise directors to repurchase its own shares; and to authorise directors to allot, issue and deal with additional shares.

 

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Valuation 641 Industry Range
Price/Earnings 10.4x
Price/Sales 0.7x
Price/Book 1.4x
Price/Cash Flow 10.4x
TEV/Sales NM Not Meaningful
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