According to the November 24 news, Ningbo Water Meter Co., Ltd. (abbreviation: Ningbo Water Meter) has formally applied for the listing of the New Third Board. Ningbo Water Meter mainly produces cold and hot water meters for industrial use, smart meters and automatic reading systems, electric meters and meter detection devices.
Ningbo Water Meter was established in May 1958. The stock reform was completed in September 2000. Zhang Shihao, Wang Zonghui, Xu Yun, Wang Piopeng, and Zhao Shaoman together accounted for 62.1831% of shares; it is the actual controller.
According to the data from the Dibei New Third Board Research Institute, the operating income of Ningbo water meters in April 2015, 2014, and 2013 was 238,225,700 yuan, 7951,631 yuan, and 683.6933 million yuan respectively; the net profits were 23,807,800 yuan, 84,102,800 yuan and 4,380.46 yuan, respectively. Ten thousand yuan.
According to the announcement, the main raw materials for Ningbo water meter products are iron, copper and plastic parts. The direct material costs in 2013, 2014 and January-April 2015 accounted for 88.75%, 88.05% and 87.40% of the total operating cost, respectively. Raw material price fluctuations have a greater impact on product costs. During the reporting period, the prices of copper and iron showed downward trends, and the purchase prices of raw materials fluctuate accordingly. The fluctuation of raw material purchase price will directly affect the gross profit of the product.
Ningbo Securities Co., Ltd. is a Guotai Junan Securities Co., Ltd. The legal adviser is Shanghai Guangfa Law Firm, and the financial audit is Lixin Certified Public Accountants (special general partnership).
Ningbo Water Meter mainly produces a full range of 8mm to 500mm civil, industrial cold and hot water meters, smart meters and automatic reading systems, electric and water meter detection devices, and more than 600 varieties. Company water meter products can be divided into mechanical water meter and smart water meter according to different flow metering devices. According to the difference of water meter caliber, it can be divided into large-caliber water meter and small-caliber water meter; according to different use environment, it can be divided into hot water meter and special water meter. And other subdivisions.
Ningbo Water Meter was established in May 1958. The stock reform was completed in September 2000. Zhang Shihao, Wang Zonghui, Xu Yun, Wang Piopeng, and Zhao Shaoman together accounted for 62.1831% of shares; it is the actual controller.
According to the data from the Dibei New Third Board Research Institute, the operating income of Ningbo water meters in April 2015, 2014, and 2013 was 238,225,700 yuan, 7951,631 yuan, and 683.6933 million yuan respectively; the net profits were 23,807,800 yuan, 84,102,800 yuan and 4,380.46 yuan, respectively. Ten thousand yuan.
According to the announcement, the main raw materials for Ningbo water meter products are iron, copper and plastic parts. The direct material costs in 2013, 2014 and January-April 2015 accounted for 88.75%, 88.05% and 87.40% of the total operating cost, respectively. Raw material price fluctuations have a greater impact on product costs. During the reporting period, the prices of copper and iron showed downward trends, and the purchase prices of raw materials fluctuate accordingly. The fluctuation of raw material purchase price will directly affect the gross profit of the product.
Ningbo Securities Co., Ltd. is a Guotai Junan Securities Co., Ltd. The legal adviser is Shanghai Guangfa Law Firm, and the financial audit is Lixin Certified Public Accountants (special general partnership).
Ningbo Water Meter mainly produces a full range of 8mm to 500mm civil, industrial cold and hot water meters, smart meters and automatic reading systems, electric and water meter detection devices, and more than 600 varieties. Company water meter products can be divided into mechanical water meter and smart water meter according to different flow metering devices. According to the difference of water meter caliber, it can be divided into large-caliber water meter and small-caliber water meter; according to different use environment, it can be divided into hot water meter and special water meter. And other subdivisions.
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