【 XingQuan交流专区】XingQuan Int-L Sports Hldgs Ltd (新IPO）谁有买？

slutodomo

because of exchange rate different. In bursa it show in RM, but in actual annual report, it show in RMB first then convert into RM. So it caused the differences

cheekhoon

会突破 RM 1.30 吗？？

slutodomo

已经过了rm1.30。这只股会否在中国热钱近来是大涨呢。
看看中国概念股
http://readforalife.blogspot.com/2010/06/10.html
喜得狼控股（XDL, 5156, 主板消費品組）
星泉國際（XINQUAN, 5155, 主板消費品組）
帝星（KSTAR, 5172, 主板消費品組）
華運（MSPORTS, 5150, 主板消費品組）

中國聯繫強類股
華安國際（HUAAN, 2739, 主板工業產品組）
世華媒体（MEDIAC, 5090, 主板貿服組）
頂峰（SINOTOP, 8532, 主板消費品組）
喜得狼控股（XDL, 5156, 主板消費品組）
星泉國際（XINQUAN, 5155, 主板消費品組）
帝星（KSTAR, 5172, 主板消費品組）
華運（MSPORTS, 5150, 主板消費品組）

slutodomo

XingQuan星泉,再看看http://readforalife.blogspot.com/2010/08/xingquan.html
Xingquan revisited again 2010. To my surprise, Xingquan has a new websites, http://www.xingquan-international.com

A good website finally, with lots of information needed.
It's store

Group Structure
StoreDesign




Wow, fascinating, will it be an ASIA TIMBALAND??

Have a look at its financial result so far.
Balance Sheet

The presentation currency of this unaudited interim financial report is Renminbi ("RMB"). Supplementary information in Ringgit Malaysia ("RM") as at 31 March 2010 with comparatives are shown for reference only and has been made at the same exchange rate of RMBI to RM 0.4787 at 31 March 2010. This translation should not be construed as a representation that the RMB amounts actually represented have been or could be converted into RM at this or any other rate.

The unaudited Condensed Conlidated Statements of Financial Position should be read in conjunction with the Audited Consolidated Financial Statements for the year ended 30 June 2009 and the accompanying explanatory notes attached to the interim financial statements.

The net assets per share attributable to equity holders of the Company is calculated based on the net assets as at 30 June 2009 and 31 March 2010 divided by the number of ordinary shares of 215,130,000 and 307,330,000 respectively.
Review Of Performance

The Group achieved a revenue and profit before taxation ("PBT") of RMB355.5 million and RMB80.8 million respectively for the current quarter ("Q3FY2010"), representing an increase of 59.6% and 44.9% respectively as compared to the corresponding period in preceding year.

The Group achieved a revenue and PBT of RMB975.5 million and RMB214.1 million respectively for the 9 months financial period ended 31 March 2010 ("FPE 2010"). The revenue of RMB975.5 million represents an increase of 55.2% as compared to the revenue of RMB628.7 million recorded for the 9 months financial period ended 31 March 2009 ("FPE 2009"). The increase in revenue is in line with the Group's increase in the following:

   1. Increase in sales volume across all product segments, particularly the increase in the sale of shoe soles from approximately 7.2 million pairs in FPE2009 to approximately 8.9 million pairs in FPE2010 and increase in the sale of outdoor and indoor sports and leisure shoes from approximately 4.1 million pairs in FPE2009 to approximately 4.9 million pairs in FPE2010.
   2. Increase in average selling price of outdoor and indoor sports and leisure shoes from RMB81.23 per pair in FPE2009 to RMB97.0 per pair in FPE2010.
   3. Increase in penetration in the PRC market. The number of retail locations of our "Addnice" products increased from 1,450 retail locations as at 31 March 2009 to 1,801 retail locations as at 31 March 2010.

The PBT of RMB214.1 million for FPE2010 represents an increase of 30.9% as compared to the PBT RMB163.5 million recorded for FPE2009. The increase in PBT of 30.9% was mainly due to the increase in revenue. In addition, if part of listing expenses amounting to RMB14.2 million is excluded, the PBT would be RMB228.3 million for FPE2010, representing an increase of 39.6% as compared to the PBT of RMB163.5 million recorded for FPE2009.

The profit after taxation ("PAT") of RMB175.7 million for FPE2010 represents an increase of 28.6% as compared to PAT of RMB136.6 million recorded for FPE2009 due to the higher PBT recorded in FPE2010 as mentioned above.

Based on the Income Tax Law for the PRC for Enterprises with Foreign Investments and Foreign Enterprises, Addnice Sports, Addnice China and Xingquan Plastic are entitled to full exemption from income tax for the first two years and a 50% reduction in income tax for the next three years starting from their first profitable year of operation. Addnice Sports is exempted from the state corporate income tax for its first two profitable calendar years of operation (i.e. from 1 January 2006 to 31 December 2007) and thereafter, is entitled to a 50% relief from the state corporate income tax for the third to fifth consecutive years (i.e. from 1 January 2008 to 31 December 2010). Addnice China commenced its 5-year tax holiday from 1 January 2008. Xingquan Plastic has fully utilised its tax incentives and was subject to the full state corporate income tax during the financial years and periods under review.

hui0909

怎么今天会跌这么多10SEN

hui0909

已经连跌几天了
是时候买入了吗

fighter00101

绝对可以买 。 我都买了 现在等tomei

menugarden

PRESS RELEASE
XINGQUAN EXPANDING IN TANDEM WITH
CHINA’S GROWING MIDDLE CLASS
‐ Xingquan reports store growth, revenue up 51.1% and PAT up 22.2% at 2nd
Annual General Meeting in Kuala Lumpur –
15 December 2010, Kuala Lumpur ‐ Xingquan International Sports Holdings Limited
(“Xingquan” or the “Company”), today held its second Annual General Meeting and
presented its best financial performance todate to shareholders. Xingquan recorded
higher revenue of RMB1,274.9 million (RM609.3 million) for the financial year ended
30 June 2010 (“FYE 2010”) compared to revenue of RMB843.8 million (RM403.3
million) in financial year ended 30 June 2009 (“FYE2009”). This represented an
increase of 51.1% in revenue.
Xingquan Group registered a profit after tax (PAT) of RMB217.3 million (RM103.8
million) for FYE2010 which represented an increase of 21.2% as compared to its PAT
of RMB179.3 million (RM85.7 milion) recorded for FYE2009. Earnings per share and
net return on equity were strong at RMB0.71 (RM0.34) and 30% respectively for
FYE2010.
For the first 9 months up to 30 September 2010, according to the National Bureau of
Statistics of China, the total retail sales of consumer goods reached RMB11,102.9
billion, representing a year‐on‐year rise of 18.3%. “As such, our growth remains
consistently strong with the increasing trend of consumer demand and growing
middle class in the People’s Republic of China (PRC)”, said Mr. Wu Qingquan, the
Executive Chairman of Xingquan at the AGM.
China’s middle class increased by 22.1% to 80 million in January 2007, from 65.50
million in January 2005 and this segment of middle class is expected to increase to
700 million by 2020. With purchasing power increasing among Chinese consumers,
especially among the emerging middle class, private consumption is seen as a major
driver for the growth of the Chinese economy in the future.
Xingquan’s increase in revenue was mainly contributed by the increase in sales of its
products in the new provinces and existing provinces in the PRC market and well as
the increasing brand popularity of “Addnice”. As reported in the last quarter of
FYE2010, Xingquan has penetrated into new provinces with 20 stores in Shaanxi, 10
stores each in Gansu, Qinghai and Ningxia.
Xingquan has seen increase in sales volume across all its product segments,
particularly the increase in the sales of shoe soles from approximately 9.8 million
pairs in FYE2009 to approximately 12.5 million pairs in FYE2010. Sales of shoes
increased from approximately 5.4 million pairs in FYE2009 to approximately 6.3
million pairs in FYE2010 while sales of apparels and accessories increased from
approximately 5.0 million units in FYE2009 to approximately 7.9 million units in
FYE2010.
“The number of retail locations of our “Addnice” products increased from 1,596
retail locations in FYE2009 to 2,003 retail locations in FYE 2010. We will continue to
expand our sales and marketing network in China and targets to reach 2,300 stores
by the end of financial year 2011.”
Xingquan’s new factory is expected to become operational in the first quarter of
2011 where its production capacity for shoes and shoe sole products will increase
from approximately 5.9 million and 14.0 million pairs per annum to approximately
10.0 million and 28.0 million pairs per annum respectively.
‐ end ‐