Jiangsu Tongda Power Technology Co.,Ltd.



Quote for Jiangsu Tongda Power Technology Co.,Ltd.

Last Trade:
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Symbol/Code:
002576
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002576 quote

Summary for Jiangsu Tongda Power Technology Co.,Ltd.

Jiangsu Tongda Power Technology Co., Ltd. is principally engaged in the research, development, manufacture, distribution and services of blanking pieces and iron cores of motor and generator stators and rotors. The Company primarily provides blanking pieces and iron cores of motor stators and rotors, including high-voltage products, low-voltage high-power products, low-voltage products and others; blanking pieces and iron cores of generator stators and rotors, including wind power generator products and others, as well as finished stators and rotors. The Company's products are applied in direct current, explosion-protected, hoisting, pulling, water pump, coal mine, wind power generation, diesel power generation, magnetic suspension, ship-use, ventilation duct and new-energy automobile motor equipment.

Profile for Jiangsu Tongda Power Technology Co.,Ltd.

Full Name:Jiangsu Tongda Power Technology Co.,Ltd.
Full Name in Chinese:江苏通达动力科技股份有限公司 Short Name in Chinese:通达动力
Symbol/Stock Code:
002576
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Jiang Yufeng
Secretary of the Board:
Zhang Wei
Phone:
+86-513-86213861
Fax:
+86-513-86213965
Official Website:www.tdchina.com
E-mail:tongda@tdchina.com
Address:No. 58,Sian Town, Tongzhou District,NANTONG JNG 226352
IPO Subscription Date:
2011-04-20
Listing Date:
2011-04-28
IPO Issued Capital:
32000000
IPO Price:
19 CNY
IPO fees:
56392000 CNY
Money Raised by IPO:
608000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
551608000 CNY
Open(Listing day):
17.80 CNY
Close(Listing day):
17.25 CNY
Diluted P/E ratio after IPO:
76.0000
Turnover rate(listing day):
31.18%

Financials for Jiangsu Tongda Power Technology Co.,Ltd.

UPDATE:2012-10-23 Annual Report Abstract:(All Currency In CNY)

Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Net Profit(after tax)(Million)
26.0885
58.6534
57.6613
38.19
Net Profit Growth(%)
-48.10
1.72
50.98
-4.83
Return On Equity(ROE)(%)
3.01
6.72
21.97
19.26
Debt ratio(%)
18.29
16.81
46.72
48.10
Net Operating Cash Flow/Net Profit(%)
143.28
-189.75
46.27
65.66

Per Share Financial Data:(All Currency In CNY)

Per Share Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Earnings Per Share(EPS)
0.1600
0.5000
0.6200
0.4200
Diluted Earnings Per Share
0.0000
0.4800
0.6100
0.3600
Net Asset Value Per Share (NAVPS)
5.2400
6.8700
2.7600
2.2033
Additional Paid-In Capital Per Share
3.3135
4.6075
0.6900
0.5617
Retained Earnings Per Share
0.8263
1.1288
0.9511
0.5789
Net Cash Flow From Operatings Activities Per Share
0.2300
-0.8800
0.2800
0.2800
Net Cash Flow Per Share
-0.2476
2.5961
-0.0912
-0.4054

Balance Sheet:(All Currency In CNY)

Assets And Liabilities/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Total Assets(Million)
1073.8918
1049.1584
492.6864
382.1064
Total Liabilities(Million)
196.5005
176.4353
230.2247
183.8061
Current Liabilities(Million)
196.5005
176.4353
230.2247
183.8061
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
370.431
404.2023
71.2373
83.409
Accounts Receivables(Million)
152.9467
138.1531
69.2747
45.1114
Deposit Received(Million)
13.7378
5.3008
6.5713
3.4175
Other Receivables(Million)
0.9232
0.8085
0.7135
0.5173
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
865.7916
872.7231
262.4617
198.3003
Debt ratio(%)
18.29
16.81
46.72
48.10
Equity Ratio(%)
80.6200
83.1800
53.2700
51.8900
Current Ratio
4.2061
4.6165
1.1988
1.1081
Quick Ratio
3.3912
3.7210
0.7707
0.8328

Cash Flow Statement:(All Currency In CNY)

Cash Flow/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Cash From Selling Commodities(Million)
583.6853
644.0411
774.4612
492.4935
Net Cash Flow From Operatings Activities(Million)
37.3785
-111.2949
26.6813
25.077
Net Cash Flow From Operatings Activities Change(%)
-125.12
-517.13
6.40
-41.40
Net Cash Flow(Million)
-40.8854
329.7051
-8.6665
-36.4873
Cash From Selling Commodities/Prime Revenue(%)
97.56
67.92
91.10
108.50
Net Cash Flow/Net Profit(%)
-156.72
562.12
-15.03
-95.54
Cash Flow From Investing Activities(Million)
-37.3039
-42.5183
-50.0162
-60.1629
Cash Flow From Financing Activities(Million)
-41.0935
483.6982
14.9076
-1.3805

Income Statement:(All Currency In CNY)

Income Indicators/Till The Date
2012-09-30
2011-12-31
2010-12-31
2009-12-31
Prime Operating Revenue(Million)
598.262
948.1738
850.1433
453.927
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
16.3854
27.3438
24.8244
16.1566
Administrative Costs(Million)
47.6504
42.3785
29.5353
22.3889
Financing Costs(Million)
-4.2015
3.708
10.8595
5.4429
Above Three Costs Change(%)
14.77
12.59
48.26
1.24
Operating Profit(Million)
16.3793
63.4944
65.5077
37.6169
Income From Investment(Million)
-
-
-
0.0059
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
16.3828
3.348
1.0132
7.4084
Total Profit(Million)
32.762
66.8424
66.521
45.0253
Corporate Income Tax(Million)
6.1571
8.189
8.8596
6.8353
Net Profit(Million)
26.0885
58.6534
57.6613
38.19
Gross Profit Ratio(%)
13.07
15.07
15.64
18.61
Operating Margin(%)
2.73
6.69
7.70
8.28
Return On Equity(ROE)(%)
3.01
6.72
21.97
19.26

Announcements for Jiangsu Tongda Power Technology Co.,Ltd.

Date: 2012-08-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 27 August 2012, during which the following proposal(s) was/were approved:
1. Increase of registered capital
2. Amendments to the Company's articles of association
Date: 2012-08-10
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 27 August 2012.

Meeting agenda:
1. Increase of registered capital
2. Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 22 August 2012 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: from 23 August 2012 to 24 August 2012
Date: 2012-05-08
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.60000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 3.0000


Record date: 14 May 2012
Ex-date: 15 May 2012
Payment date: 15 May 2012
Listing date of the bonus issues: 15 May 2012.
10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details:
Tax on cash dividend/10 shares: CNY0.26000000(10 percent x CNY2.60000000)
Net cash dividend/10 shares after tax: CNY2.34000000(CNY2.60000000- CNY0.26000000)
Date: 2012-04-26
Title: RESTRICTED SHARE LISTING
Among the Company's 49512941 restricted shares to be unlocked on 02 May 2012, 36319998 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-04-19
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 18 April 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 profit distribution plan
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 work report of independent directors
7. Reappointment of audit firm
8. Comprehensive credit line applied to banks
9. 2011 internal control self evaluation report
10. 2011 special report on the deposit and use of raised funds
11. Amendments to the Company's articles of association
12. Implementation rules for online voting at shareholders' meeting
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.60000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.00.
Date: 2012-03-27
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 27 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY2.60000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):3.0000.
Date: 2012-03-27
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 18 April 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 profit distribution plan
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 work report of independent directors
7. Reappointment of audit firm
8. Comprehensive credit line applied to banks
9. 2011 internal control self evaluation report
10. 2011 special report on the deposit and use of raised funds
11. Amendments to the Company's articles of association
12. Implementation rules for online voting at shareholders' meeting
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.60000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 12 April 2012 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: 17 April 2012
Date: 2011-08-25
Title: EGM RESOLUTION
The Company held its 1st EGM of 2011 on 24 August 2011, during which the following proposal(s) was/were approved:
1. Reelection of directors, including Jiang Yufeng, Yan Hua, Wang Yue and Sheng Bo as non-independent director and Fu Fengli, Zhang Xiaorong and He Xiaoyong as independent director
2. Reelection of supervisors, including He Jianzhong and Chu Shaohua
3. Allowance standard for directors
4. Amendments to the articles of association
5. Implementation rules over accumulative voting.
Date: 2011-08-02
Title: EGM-SPOT
The Company will hold the 1ST EGM OF 2011 at 09:30 on 24 August 2011.

Meeting agenda:
1. Reelection of directors, including Jiang Yufeng, Yan Hua, Wang Yue and Sheng Bo as non-independent director and Fu Fengli, Zhang Xiaorong and He Xiaoyong as independent director
2. Reelection of supervisors, including He Jianzhong and Chu Shaohua
3. Allowance standard for directors
4. Amendments to the articles of association
5. Implementation rules over accumulative voting

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 17 August 2011 are entitled to vote. Original notarized power of attorney for voting is required.
2. Directors of the board, supervisors of the supervisory committee, senior executives and appointed lawyers are entitled to attend the meeting.

Registration period: 19 August 2011
Date: 2011-07-25
Title: PLACING SHARE LISTING
THE CO'S 6.4 MILLION A-SHARES PLACED TO THE INSTITUTIONAL INVESTORS THROUGH OFFLINE PLACEMENT WILL REACH THE 3-MONTH LOCK-UP PERIOD AND BE LISTED ON THE SHENZHEN STOCK EXCHANGE AS OF 28JUL11.