Over 40% "New Three Board" Companies Qualify For Growth Enterprise Board

China

There are 82 new three Board companies that should disclose the annual report. In addition to the ST sheep industry, the remaining 81 companies disclose their annual reports.

Data show that 81 companies achieved a total operating income of 8 billion 947 million yuan last year, an increase of 28% over the same period last year. After deducting non recurring gains and losses, their net profit attributable to shareholders of the parent company amounted to 909 million yuan, up 41% over the same period last year; the 81 companies' average earnings per share in 2010 were 0.37 yuan.

Data show that 75 companies achieved profits last year, 6 losses, and the two companies, such as compass and north land, lost 2009 and 2010.

Among the profitable companies, there are 36 companies that meet the gem listing conditions, accounting for nearly 45% of all companies.

Among them, there are 10 companies with net profit of more than 30 million yuan, including China soft, atomic high-tech, purple light, modern agricultural equipment, Bo Hui innovation, Xing Hao medicine, joint technology, haixinke, security control technology, Haiyang and so on.

Purple last year earned the most profit, reaching 67 million 140 thousand yuan. The loss of the compass company was the largest, reaching 38 million 210 thousand yuan, with a loss of 56 million 510 thousand yuan in 2009.

The annual report also shows that the average return on assets of the new three Board companies is 18%, up 2 percentage points over the same period last year.

By the end of 2010, the total share capital of the 81 companies was 2 billion 695 million yuan, with an average capital stock of 33 million 270 thousand yuan, and the net assets of the shareholders belonging to the parent company amounted to 5 billion 699 million yuan, an increase of 28% over the end of 2009.