Delong Holdings Limited - Company Capsule by ICDResearch

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									Delong Holdings Limited

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Delong Holdings Limited - Company Capsule

Reference Code: BR0251CC
Published Date: April 2011




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Delong Holdings Limited - Company Capsule                                           Page 1
Delong Holdings Limited

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Delong Holdings Limited - Company Overview

Delong Holdings Limited (Delong) is a subsidiary of Best Decade Holdings Limited. The company is principally engaged in
the production and distribution of steel products. Delong is also responsible for designing, development, manufacturing
and selling of large diameter steel mill rollers and large cast steel articles. In addition, the company is engaged in the
property investment; financial leasing activities. The company operates its business through its various subsidiaries
namely, Paragon International Limited, Xingtai Xinlong Coal-Gas Limited, and Dexin Steel Pte Ltd, Xingtai Delong
Machinery and Mill Roll Co., Ltd, Tianjin Detong Leasing Co., Ltd and DL Resources (Australia) Pty Ltd. The company
offers its products to infrastructure, pipe-making, machinery, and automotive industries. Delong is headquartered in
Beijing, China.


Financial Performance

The company reported revenue of CNY7,695.33 million during the fiscal year ended December 2009. The company's
revenue grew at a CAGR of 2.50% during the period 2007-2009 with a year on year decrease of 28.71% over fiscal year
2008. During the fiscal year 2009, its operating margin was 9.47% as against an operating margin of -3.80% in fiscal year
2008. During the fiscal year 2009, the company registered a net margin of 8.69% as against a net margin of -3.33% in the
fiscal year 2008.




Delong Holdings Limited - Key Facts

Delong Holdings Limited, Key Facts

                                  80 Raffle Place, , , 048624,
                                                                    Ticker Symbol, Stock       515 (Singapore Exchange
Corporate Address:                Singapore                                                    Securities Trading)
                                                                    Exchange



Telephone                          + 65 65358208                    No. of Employees           N/A



Fax                                + 65 65357505                    Financial Year End         December



URL                               www.dlholdings.com                Revenue (in CNY Million)   7,695.33



Industry                          Metals and Mining                 Revenue (in USD Million)   1,125.05



Locations                         Australia, China, Singapore

Source: Annual Report, Company Website, Primary and Secondary Research




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Delong Holdings Limited - Company Capsule                                                                           Page 2
Delong Holdings Limited

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Delong Holdings Limited - Key Competitors

The following companies are the major competitors of Delong Holdings Limited:

Abterra Ltd.

Fastube Limited

King Wan Corporation Limited

KMN Holdings Ltd.

Maanshan Iron & Steel Co. Ltd.




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Delong Holdings Limited - Company Capsule                                           Page 3
Delong Holdings Limited

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Delong Holdings Limited - Key Employees


Delong Holdings Limited, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Zuo Shuowen                Director                                 Non Executive Board   2010


Bai Baohua                 Director                                 Non Executive Board   2005


Ding Liguo                 Chairman                                 Executive Board       2003


                           Operations Manager Delong Steel
Ding Qingfeng                                                       Senior Management     2010
                           Limited


Hee Theng Fong             Director                                 Non Executive Board   2006


Hei Yu Fok                 Director                                 Non Executive Board   2009


Lai Hock Meng              Director                                 Non Executive Board   2007


Lan Jihong                 Chief Financial Officer                  Senior Management     2005


                           Compliance Officer, Secretary,
Yeo Lee Luang                                                       Senior Management     2000
                           Accounts Manager


Yuan Weimin                Director                                 Executive Board       2008

Source: Annual Report, Company Website, Primary and Secondary Research




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Delong Holdings Limited - Company Capsule                                                           Page 4
Delong Holdings Limited

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Delong Holdings Limited - Locations and Subsidiaries

Head Office

Delong Holdings Limited
80 Raffle Place


Zip: 048624
Singapore
Tel: + 65 65358208
Fax: + 65 65357505



Other Locations & Subsidiaries

Delong Holdings Limited, Subsidiaries

Delong Steel Limited
                                                                    Dexin Steel Pte Ltd
Xingtai
                                                                    Singapore
China




Dezhong International Financing Leasing Co., Ltd                    DL Resources (Australia) Pty Ltd
China                                                               Australia




Xingtai Delong Machinery and Mill Roll Co., Ltd                     Xingtai Xinlong Coal-Gas Limited
China                                                               China


Source: Annual Report, Company Website, Primary and Secondary Research



Delong Holdings Limited, Locations



80 Raffl es Place
Zip: 048624
Singapore
Tel: + 65 6535 8208


Source: Annual Report, Company Website, Primary and Secondary Research




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Delong Holdings Limited - Company Capsule                                                              Page 5
Delong Holdings Limited

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Delong Holdings Limited - Financial Ratios

Financial Ratios - Annual Ratios
Delong Holdings Limited, Annual Ratios

                Key Ratios              Unit/Currency   2010         2009         2008       2007       2006
Equity Ratios
EPS (Earnings per Share)                    SGD                0.5      1.23         -0.73      0.91       1.27
Dividend per Share                          SGD                                                 0.21       0.23
Dividend Cover                             Absolute                                             4.23       5.47
Book Value per Share                        SGD            4.36         3.84          2.73      3.71       3.08
Profitability Ratios
Gross Margin                                  %            7.16         8.91          1.18     12.06      16.64
Operating Margin                              %            4.44         9.47          -3.8      7.72       13.9
Net Profit Margin                             %            3.08         8.69         -3.33      6.08      13.88
Profit Markup                                 %                        10.01          1.19     13.72      19.97
PBIT Margin (Profit Before Interest &
                                              %                        12.33
Tax)
PBT Margin (Profit Before Tax)                %            4.44         9.47          -3.8      7.72       13.9
Return on Equity                              %           12.7
								
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