Shandong Gettop Acoustic Co.,Ltd.



Quote for Shandong Gettop Acoustic Co.,Ltd.

Last Trade:
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Symbol/Code:
002655
Status:
-
Stock Type:
A Share
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Update:-
Currency in CNY Time=UTC+8002655 quote

Summary for Shandong Gettop Acoustic Co.,Ltd.

Shandong Gettop Acoustic Co., Ltd. is principally engaged in the research, development, manufacture and distribution of micro audio components and audio parts. The Company primarily provides microphones, including single microphones, square microphones, microphones with accessories, array microphones and automobile microphones, among others, as well as micro speakers, receivers and related array modules. Its products are applied in the manufacture of mobile communications equipment and related products, notebook computers, flat panel television sets, personal digital products and automobile electronics, among others.

Profile for Shandong Gettop Acoustic Co.,Ltd.

Full Name:Shandong Gettop Acoustic Co.,Ltd.
Full Name in Chinese:山东共达电声股份有限公司 Short Name in Chinese:共达电声
Symbol/Stock Code:
002655
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zhao Duren
Secretary of the Board:
Wang Yonggang
Phone:
+86-536-7513259
Fax:
+86-536-7605903
Official Website:www.gettopacoustic.com
E-mail:Gettop@gd-mic.com
Address:No. 68,,Fengshan Road, Fangzi District,WEIFANG SHA 261200
IPO Subscription Date:
2012-02-09
Listing Date:
2012-02-17
IPO Issued Capital:
30000000
IPO Price:
11 CNY
IPO fees:
40230000 CNY
Money Raised by IPO:
330000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
289770000 CNY
Open(Listing day):
16.90 CNY
Close(Listing day):
14.73 CNY
Diluted P/E ratio after IPO:
29.7300
Turnover rate(listing day):
84.78%

Financials for Shandong Gettop Acoustic Co.,Ltd.

UPDATE:2012-10-28 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)
29.3305
53.4756
50.4943
15.3748
Net Profit Growth(%)
-13.91
5.90
228.42
-68.53
Return On Equity(ROE)(%)
5.22
21.02
24.72
10.00
Debt ratio(%)
29.63
51.25
50.53
52.79
Net Operating Cash Flow/Net Profit(%)
-38.59
106.69
98.24
75.79

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)
0.2600
0.5900
0.5600
0.1700
Diluted Earnings Per Share
0.0000
0.5900
0.4900
0.1200
Net Asset Value Per Share (NAVPS)
4.6800
2.8300
2.2700
1.7081
Additional Paid-In Capital Per Share
2.3955
0.3077
0.2415
0.2415
Retained Earnings Per Share
1.1657
1.3617
0.9272
0.4208
Net Cash Flow From Operatings Activities Per Share
-0.0900
0.6300
0.5500
0.1300
Net Cash Flow Per Share
1.2914
0.2589
0.1280
0.0678

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)
797.7357
521.8809
412.873
325.6845
Total Liabilities(Million)
236.3802
267.485
208.6484
171.9541
Current Liabilities(Million)
235.1896
262.7473
130.1813
116.6577
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
222.8245
67.2527
45.8409
33.6318
Accounts Receivables(Million)
183.7481
119.1718
95.3601
77.1173
Deposit Received(Million)
0.5977
0.8005
0.5752
0.1045
Other Receivables(Million)
5.3265
8.1402
3.1924
7.9261
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
561.3554
254.3959
204.2247
153.7304
Debt ratio(%)
29.63
51.25
50.53
52.79
Equity Ratio(%)
70.3600
48.7400
49.4600
47.2000
Current Ratio
2.3836
1.2116
1.8452
1.5422
Quick Ratio
1.9816
0.8978
1.2432
1.1179

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)
293.3555
432.3516
369.1663
222.3469
Net Cash Flow From Operatings Activities(Million)
-11.3193
57.0548
49.6058
11.6525
Net Cash Flow From Operatings Activities Change(%)
-247.70
15.02
325.71
-78.05
Net Cash Flow(Million)
154.9659
23.3014
11.5186
6.0992
Cash From Selling Commodities/Prime Revenue(%)
88.48
95.71
95.41
97.22
Net Cash Flow/Net Profit(%)
528.34
43.57
22.81
39.67
Cash Flow From Investing Activities(Million)
-93.8694
-61.6718
-49.3669
-15.7969
Cash Flow From Financing Activities(Million)
259.5179
29.1568
12.4378
10.254

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)
331.5482
451.7458
386.9141
228.7165
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
10.5392
13.235
14.6636
11.0831
Administrative Costs(Million)
51.4005
56.5234
47.7248
34.892
Financing Costs(Million)
1.2068
12.3443
8.2363
4.8549
Above Three Costs Change(%)
-5.42
16.25
38.94
26.61
Operating Profit(Million)
29.0309
54.9624
51.015
12.258
Income From Investment(Million)
0.0144
0.036
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.3328
7.4066
7.8802
5.1127
Total Profit(Million)
33.3637
62.369
58.8952
17.3707
Corporate Income Tax(Million)
4.0332
8.8933
8.4009
1.996
Net Profit(Million)
29.3305
53.4756
50.4943
15.3748
Gross Profit Ratio(%)
29.45
31.34
31.75
27.95
Operating Margin(%)
8.75
12.16
13.18
5.35
Return On Equity(ROE)(%)
5.22
21.02
24.72
10.00

Announcements for Shandong Gettop Acoustic Co.,Ltd.

Date: 2012-09-11
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 10 September 2012, during which the following proposal(s) was/were approved:
1. The Company's authorization management system
2. The Company's external investment management system
3. The Company's risk investment management system
Date: 2012-08-24
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 10 September 2012.

Meeting agenda:
1. The Company's authorization management system
2. The Company's external investment management system
3. The Company's risk investment management system


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 03 September 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 07 September 2012 to 07 September 2012
Date: 2012-06-13
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: 19 June 2012
Ex-date: 20 June 2012
Payment date: 20 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: 2012-05-14
Title: PLACING SHARE LISTING
The Company's 6 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 17 May 2012.
Date: 2012-02-16
Title: IPO SHARE LISTING
The Company issued a total of 30 million shares (code:002655) in its initial public offering. Of the shares,24 million shares will be listed on the Shenzhen Stock Exchange on 17 February 2012 while the remainder will become tradable three months later.
Date: 2012-02-08
Title: IPO-ONLINE SUBSCRIPTION
Shandong Gettop Acoustic Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 30.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002655
3. Stock abbreviation: Gettop Acoustic
4. Issuing volume: 30.000000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 6.000000 million shares
9. Online offering volume: 24.000000 million shares
10. Price: CNY11.00 per share
11. Offline subscription period: 09 February 2012
12. Online subscription date: 09 February 2012.
Date: 2012-01-31
Title: IPO
Shandong Gettop Acoustic Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSCR) to issue 30.0000 million A-shares in its initial public offering, which is structured as follows:
1.Class: A shares
2.Size: 30.0000 million shares
3.Par value: CNY1.00 per share
4.Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
5.Targeted listing bourse: Shenzhen Stock Exchange
6.Offline placement volume: 6.0000 million shares
7.Online offering volume:24.0000 million shares
8.IPO price inquiry period: from 01 February 2012 to 06 February 2012
9.IPO price determined: 08 February 2012
10.Offline subscription date:09 February 2012
11.Online subscription date: 09 February 2012
12.Expected listing date:N/A.