Ningbo Sunlight Electrical Appliance Co.,Ltd



Quote for Ningbo Sunlight Electrical Appliance Co.,Ltd

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Symbol/Code:
002473
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002473 quote

Summary for Ningbo Sunlight Electrical Appliance Co.,Ltd

NINGBO SUNLIGHT ELECTRICAL APPLIANCE CO., LTD. is principally engaged in the research, development, manufacture and distribution of intelligent water heating household appliances. The Company primarily provides temperature controller series; electric pot series, including plastic series and stainless steel series; water boiling machine series, as well as coffee making machine series, among others. The Company distributes its products in both domestic and overseas markets.

Profile for Ningbo Sunlight Electrical Appliance Co.,Ltd

Full Name:Ningbo Sunlight Electrical Appliance Co.,Ltd
Full Name in Chinese:宁波圣莱达电器股份有限公司 Short Name in Chinese:圣 莱 达
Symbol/Stock Code:
002473
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Yang Ningen
Secretary of the Board:
Shen Mingliang
Phone:
+86-574-87522922
Fax:
+86-574-87522997
Official Website:www.nbslt.com
E-mail:sltzq@nbslt.com
Address:No. 515,Jiangbei District,NINGBO ZHJ 315032
IPO Subscription Date:
2010-08-30
Listing Date:
2010-09-10
IPO Issued Capital:
20000000
IPO Price:
16 CNY
IPO fees:
39159800 CNY
Money Raised by IPO:
320000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
280840200 CNY
Open(Listing day):
48.00 CNY
Close(Listing day):
45.61 CNY
Diluted P/E ratio after IPO:
48.4800
Turnover rate(listing day):
84.90%

Financials for Ningbo Sunlight Electrical Appliance Co.,Ltd

UPDATE:2012-10-22 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)
12.3736
19.682
32.9963
27.2155
Net Profit Growth(%)
-22.49
-40.35
21.24
18.51
Return On Equity(ROE)(%)
2.86
4.51
7.63
21.39
Debt ratio(%)
8.72
6.35
8.23
36.53
Net Operating Cash Flow/Net Profit(%)
191.21
15.21
14.07
83.96

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)
0.0800
0.1200
0.2300
0.4700
Diluted Earnings Per Share
0.0000
0.1000
0.1900
0.4500
Net Asset Value Per Share (NAVPS)
2.7000
2.7300
5.4100
2.1200
Additional Paid-In Capital Per Share
1.3872
1.3872
3.7744
0.6642
Retained Earnings Per Share
0.2597
0.2824
0.5469
0.3888
Net Cash Flow From Operatings Activities Per Share
0.1500
0.0200
0.0600
0.3800
Net Cash Flow Per Share
-0.1772
-0.4529
2.8460
-0.3175

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)
478.4246
469.2725
475.6199
204.9609
Total Liabilities(Million)
41.738
29.8385
39.1583
74.8911
Current Liabilities(Million)
41.738
29.8385
39.1583
74.8911
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
169.7011
198.0545
272.0537
44.0776
Accounts Receivables(Million)
51.1381
43.5513
41.0527
39.602
Deposit Received(Million)
2.6489
2.8274
3.5134
4.3682
Other Receivables(Million)
1.934
2.1046
2.2131
6.6985
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
432.7596
436.3861
432.7041
127.2077
Debt ratio(%)
8.72
6.35
8.23
36.53
Equity Ratio(%)
90.4500
92.9900
90.9700
62.0600
Current Ratio
7.1161
10.5106
9.4991
2.0258
Quick Ratio
6.2882
9.1726
8.4677
1.7482

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)
126.3078
227.0448
252.6267
144.6859
Net Cash Flow From Operatings Activities(Million)
23.6594
2.9927
4.6431
22.8492
Net Cash Flow From Operatings Activities Change(%)
-240.05
-35.54
-79.68
33.97
Net Cash Flow(Million)
-28.3534
-72.4707
227.6796
-19.0499
Cash From Selling Commodities/Prime Revenue(%)
84.94
99.48
108.01
93.13
Net Cash Flow/Net Profit(%)
-229.14
-368.21
690.02
-70.00
Cash Flow From Investing Activities(Million)
-42.5342
-58.8166
-23.1612
-59.1519
Cash Flow From Financing Activities(Million)
-9.46
-16
246.7445
17.3637

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)
148.707
228.2261
233.8843
155.3615
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
3.4367
5.1846
5.4663
3.2619
Administrative Costs(Million)
19.7302
25.5952
26.0442
18.1517
Financing Costs(Million)
-3.7474
-4.2332
-0.0801
-0.116
Above Three Costs Change(%)
-0.37
-15.54
47.58
22.21
Operating Profit(Million)
13.7257
17.996
33.0547
31.2042
Income From Investment(Million)
-
-
-
0.048
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.2856
4.5368
6.5366
0.9486
Total Profit(Million)
15.0114
22.5328
39.5912
32.1528
Corporate Income Tax(Million)
2.1787
3.5604
5.6996
4.3106
Net Profit(Million)
12.3736
19.682
32.9963
27.2155
Gross Profit Ratio(%)
23.40
20.04
28.12
34.42
Operating Margin(%)
9.23
7.88
14.13
20.08
Return On Equity(ROE)(%)
2.86
4.51
7.63
21.39

Announcements for Ningbo Sunlight Electrical Appliance Co.,Ltd

Date: 2012-06-15
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 14 June 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association.
Date: 2012-05-31
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 06 June 2012
Ex-date: 07 June 2012
Payment date: 07 June 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-29
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 14 June 2012.

Meeting agenda:
1. Amendments to the Company's articles of association

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 11 June 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: 13 June 2012
Date: 2012-04-20
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 19 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. Appointment of audit firm
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Special report on the deposit and use of raised funds in 2011
8. 2011 annual report and its summary
9. Election of Yang Ningen as director candidate and relevant remuneration
10. Election of Shen Mingliang as director candidate and relevant remuneration
11. Election of Lin Fan as director candidate
12. Election of Yang Qing as director candidate and relevant remuneration
13. Election of Ni Li as director candidate and relevant remuneration
14. Election of Ruan Gongqiu as director candidate and relevant remuneration
15. Election of Ren Dehui as candidate for independent director and relevant remuneration
16. Election of Yang Yunjie as candidate for independent director and relevant remuneration
17. Election of Wang Yan as candidate for independent director and allowance
18. Election of Ye Yuzhu as supervisor candidate
19. Plan to determine the remuneration for three supervisor candidates
20. Election of Liang Jinai as supervisor candidate
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-03-30
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 19 April 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. Appointment of audit firm
4. 2011 financial resolution report
5. 2012 financial budget report
6. 2011 profit distribution plan
7. Special report on the deposit and use of raised funds in 2011
8. 2011 annual report and its summary
9. Election of Yang Ningen as director candidate and relevant remuneration
10. Election of Shen Mingliang as director candidate and relevant remuneration
11. Election of Lin Fan as director candidate
12. Election of Yang Qing as director candidate and relevant remuneration
13. Election of Ni Li as director candidate and relevant remuneration
14. Election of Ruan Gongqiu as director candidate and relevant remuneration
15. Election of Ren Dehui as candidate for independent director and relevant remuneration
16. Election of Yang Yunjie as candidate for independent director and relevant remuneration
17. Election of Yu Zhipu as candidate for independent director and relevant remuneration
18. Election of Ye Yuzhu as supervisor candidate
19. Plan to determine the remuneration for three supervisor candidates
20. Election of Liang Jinai as supervisor candidate
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 16 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: 18 April 2012
Date: 2012-03-29
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 29 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2011-09-08
Title: RESTRICTED SHARE LISTING
The Company's 12800000 restricted A-shares will be listed on the Shenzhen Stock Exchange as of 13 September 2011.
Date: 2011-08-09
Title: EGM RESOLUTION
The Company held its 1st EGM of 2011 on 06 August 2011, during which the following proposal(s) was/were approved:
1. Change of supervisors
2. Resignation of Mr Cui Hongyi as director and vice chairman of the board
3. Election of Ms Yang Qing as director.
Date: 2011-08-03
Title: EGM REMINDER
The Company will hold the 1st EGM of 2011 at 09:00 on 06 August 2011.

Meeting agenda:
1. Change of supervisors
2. Resignation of Mr Cui Hongyi as director and vice chairman of the board
3. Election of Ms Yang Qing as director
Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 29 July 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: 02 August 2011.
Date: 2011-07-22
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:00 ON 06AUG11.

MEETING AGENDA:
1. CHANGE OF SUPERVISORS
2. RESIGNATION OF MR CUI HONGYI AS DIRECTOR AND VICE CHAIRMAN OF THE BOARD
3. ELECTION OF MS YANG QING AS DIRECTOR

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 29JUL11 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: 02AUG11