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jiangsu zhongchao holding -a (002471) Snapshot

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jiangsu zhongchao holding -a (002471) Details

Jiangsu Zhongchao Holding Co., Ltd. manufactures and sells wires and cables in China. The company's products include power cables, wires and cables for electrical equipment, bare wires, flame-retardant ultra-high voltage cross-linked cables, aluminum alloy overhead lines, computer cables, control cables, frequency conversion cables, compensation wires and cables, overhead wires, universal rubber sheathed flexible cables, branch cables, and intrinsically safe cables. Its products are primarily used in the construction and reconstruction of urban and rural power grids. The company also exports its products to India, Vietnam, Australia, Oman, Sudan, Tanzania, Nigeria, Kenya, Sri Lanka, Mauritius, South Africa, Brazil, Cyprus, and other countries. The company was formerly was formerly known as Jiangsu Zhongchao Cable Corporation and changed its name to Jiangsu Zhongchao Holding Co., Ltd. in September 2015. Jiangsu Zhongchao Holding Co., Ltd. is based in Yixing, China.

3,241 Employees
Last Reported Date: 03/29/19

jiangsu zhongchao holding -a (002471) Top Compensated Officers

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Executives, Board Directors

jiangsu zhongchao holding -a
Jiangsu Zhongchao Holding Co., Ltd. Approves the Profit Distribution Proposal for 2018

Jiangsu Zhongchao Holding Co., Ltd. approved the profit distribution proposal for 2018 as Cash dividend/10 shares (tax included) of CNY 0.06000000.

Jiangsu Zhongchao Holding Co., Ltd., Annual General Meeting, May 17, 2019

Jiangsu Zhongchao Holding Co., Ltd., Annual General Meeting, May 17, 2019, at 13:30 China Standard Time. Agenda: To consider 2018 annual report and its summary; to consider 2018 work report of the board of directors; to consider 2018 work report of the supervisory committee; to consider 2018 annual accounts; to consider 2018 profit distribution plan; to consider reappointment of 2019 audit firm; to consider estimated continuing connected transactions; to consider connected transactions regarding acquisition of equities in controlled subsidiaries; to consider external guarantee quota; to consider 2019 application for comprehensive credit line to banks; and to consider connected transactions regarding financial aid from the controlling shareholders.

Jiangsu Zhongchao Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019

Jiangsu Zhongchao Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 1,775.395 million compared to CNY 1,420.846 million a year ago. Operating income was CNY 12.978 million compared to CNY 4.509 million a year ago. Net income was CNY 8.643 million compared to CNY 6.189 million a year ago. Basic earnings per share from continuing operations was CNY 0.0068 compared to CNY 0.0049 a year ago.


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Valuation 002471 Industry Range
Price/Earnings 42.6x
Price/Sales 0.5x
Price/Book 2.0x
Price/Cash Flow 42.5x
TEV/Sales NM Not Meaningful

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