Shanghai STEP Electric Corporation



Quote for Shanghai STEP Electric Corporation

Last Trade:
-
Change:
--
Symbol/Code:
002527
Status:
-
Stock Type:
A Share
Market Cap:
-
Open:
-
Prev Close:
-
Bid:
-
Ask:
-
Volume(*100):
-
Amount:
-
Limit Up:
-
Limit Down:
-
Day's Range:
-
P/E(ttm):
-
P/B ratio
-
Update:-
Currency in CNY Time=UTC+8002527 quote

Summary for Shanghai STEP Electric Corporation

Shanghai STEP Electric Corporation is principally engaged in the research, development, manufacture and distribution of elevator controlling systems and elevator inverters. The Company primarily provides elevator controlling system sets, elevator intelligent micro computer control boards, elevator operating panels and elevator call box, elevator inverter series products, including inverters for elevators, integrated elevator drive controllers and elevator door machine inverters, as well as other accessory products. Its products are applied in elevators of high-, medium- and low-speed, direct/alternative current elevators, hydraulic elevators and automatic escalators, among others. The Company distributes its products in domestic and to overseas markets.

Profile for Shanghai STEP Electric Corporation

Full Name:Shanghai STEP Electric Corporation
Full Name in Chinese:上海新时达电气股份有限公司 Short Name in Chinese:新 时 达
Symbol/Stock Code:
002527
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Ji Defa
Secretary of the Board:
Feng Jun
Phone:
+86-021-39126902
Fax:
+86-021-39126607
Official Website:www.stepelevator.com
E-mail:yangls@stepelevator.com
Address:No.289 Xinqin Road,Nanxiang Town, Jiading District,Shanghai SHA 201802
IPO Subscription Date:
2010-12-15
Listing Date:
2010-12-24
IPO Issued Capital:
50000000
IPO Price:
16 CNY
IPO fees:
38905100 CNY
Money Raised by IPO:
800000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
761094900 CNY
Open(Listing day):
23.00 CNY
Close(Listing day):
24.51 CNY
Diluted P/E ratio after IPO:
59.2600
Turnover rate(listing day):
83.83%

Financials for Shanghai STEP Electric Corporation

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)
103.3391
112.2673
80.1016
63.8889
Net Profit Growth(%)
10.30
40.15
25.37
7.55
Return On Equity(ROE)(%)
7.61
9.04
6.94
19.35
Debt ratio(%)
12.03
6.64
11.97
30.48
Net Operating Cash Flow/Net Profit(%)
62.72
-10.01
44.42
128.44

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)
0.5100
0.5600
0.5300
0.4300
Diluted Earnings Per Share
0.0000
0.5200
0.5100
0.3600
Net Asset Value Per Share (NAVPS)
6.5700
6.2100
5.7700
2.2000
Additional Paid-In Capital Per Share
4.1117
4.0513
4.0513
0.6612
Retained Earnings Per Share
1.3122
1.0100
0.6230
0.4626
Net Cash Flow From Operatings Activities Per Share
0.3200
-0.0600
0.1800
0.5500
Net Cash Flow Per Share
-0.0409
-0.9727
3.7238
0.3064

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)
1570.5367
1351.5817
1329.6048
483.8095
Total Liabilities(Million)
189.0332
89.7573
159.1905
147.4966
Current Liabilities(Million)
187.0953
87.6873
112.0623
99.8266
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
627.0402
635.4881
830.0378
85.2785
Accounts Receivables(Million)
311.7071
207.3709
136.9408
94.1477
Deposit Received(Million)
29.4513
11.9565
9.0146
8.2165
Other Receivables(Million)
7.8335
4.3032
3.847
5.8687
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1357.9705
1241.5536
1153.6023
330.1782
Debt ratio(%)
12.03
6.64
11.97
30.48
Equity Ratio(%)
86.4600
91.8500
86.7600
68.2400
Current Ratio
6.4958
12.1540
10.0467
2.8149
Quick Ratio
5.4456
10.4288
9.0874
2.1005

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)
493.8471
597.9109
490.7171
448.3858
Net Cash Flow From Operatings Activities(Million)
64.8183
-11.2328
35.583
82.0565
Net Cash Flow From Operatings Activities Change(%)
-243.34
-131.57
-56.64
76.30
Net Cash Flow(Million)
-8.4479
-194.5497
744.7593
45.9614
Cash From Selling Commodities/Prime Revenue(%)
82.37
90.97
97.76
110.01
Net Cash Flow/Net Profit(%)
-8.17
-173.29
929.77
71.94
Cash Flow From Investing Activities(Million)
-87.0166
-107.3874
-33.9349
-15.1238
Cash Flow From Financing Activities(Million)
13.4801
-75.8948
744.1795
-20.7311

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)
599.5378
657.2937
501.9655
407.592
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
52.5522
55.4005
37.4451
34.1393
Administrative Costs(Million)
87.3752
98.9049
81.3568
61.6894
Financing Costs(Million)
-13.3107
-19.3693
2.7773
2.7255
Above Three Costs Change(%)
31.10
10.99
23.36
39.63
Operating Profit(Million)
115.7976
124.8194
85.1308
63.2524
Income From Investment(Million)
0.024
0.018
0.018
0.016
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
13.6153
10.3613
9.5823
11.497
Total Profit(Million)
129.413
135.1807
94.7131
74.7493
Corporate Income Tax(Million)
20.2055
18.0631
12.3203
9.6429
Net Profit(Million)
103.3391
112.2673
80.1016
63.8889
Gross Profit Ratio(%)
41.34
40.19
41.76
40.28
Operating Margin(%)
19.31
18.98
16.95
15.51
Return On Equity(ROE)(%)
7.61
9.04
6.94
19.35

Announcements for Shanghai STEP Electric Corporation

Date: 2012-11-01
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 31 October 2012, during which the following proposal(s) was/were approved:
1. Acquisition of equity stake of some companies
2. To repurchase and cancel some locked shares granted to the plan participants of incentive plan who have been resigned
3. Amendments to the Company's articles of association
4. Change of the Company's registered capital
Date: 2012-10-11
Title: EGM-ONLINE
The Company will hold the 4th Extraordinary General Meeting of 2012 at 14:00 on 31 October 2012.

Meeting agenda:
1. Acquisition of equity stake of some companies
2. To repurchase and cancel some locked shares granted to the plan participants of incentive plan who have been resigned
3. Amendments to the Company's articles of association
4. Change of the Company's registered capital


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 24 October 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 30 October 2012 to 30 October 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.
Part I Voting via the trading system
Voting date: 31 October 2012
Voting code:362527
Voting abbreviation:Step voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Investors Meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
Shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 30 October 2012 to 31 October 2012.
Date: 2012-08-22
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 21 August 2012, during which the following proposal(s) was/were approved:
1. To repurchase and cancel some vested but unlocked restricted shares from incentive targets who are out of office
2. Amendments to the Company's articles of association
3. Change of the Company's registered capital
4. Capital increase in a wholly-owned subsidiary with partial excessive raised funds
5. Plan to set up a wholly-owned subsidiary with partial excessive raised funds
Date: 2012-08-08
Title: EGM CHANGE
Further to our previous message on 31 July 2012 about the Company's 3rd Extraordinary General Meeting of 2012, the Company announced on 08 August 2012 the following changes made with regard to the said meeting:

Change in relevant item(s):
1) Meeting Date:20120821 14:00:00

Other information remains unchanged.
Date: 2012-07-31
Title: EGM-ONLINE
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:30 on 21 August 2012.

Meeting agenda:
1. To repurchase and cancel some vested but unlocked restricted shares from incentive targets who are out of office
2. Amendments to the Company's articles of association
3. Change of the Company's registered capital
4. Capital increase in a wholly-owned subsidiary with partial excessive raised funds
5. Plan to set up a wholly-owned subsidiary with partial excessive raised funds


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 14 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: 17 August 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.
Part I Voting via the trading system
Voting date: 21 August 2012
Voting code:362527
Voting abbreviation:Step voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Investors Meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
Shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 20 August 2012 to 21 August 2012.
Date: 2012-06-07
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.64406000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 13 June 2012
Ex-date: 14 June 2012
Payment date: 14 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: CNY0.16440600(10 percent x CNY1.64406000)
Net cash dividend/10 shares after tax: CNY1.47965400(CNY1.64406000- CNY0.16440600)
Date: 2012-04-17
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 17 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.70000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-17
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 18 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 financial resolution report
3. 2011 profit distribution plan
4. Reappointment of 2012 audit firm
5. 2012 allowance for the chairman of the board of directors
6. Adjustment to the investment amount for some projects invested with raised funds
7. 2011 work report of the supervisory committee
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.70000000
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 14 May 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 May 2012
Date: 2012-04-11
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 10 April 2012, during which the following proposal(s) was/were approved:
1. Restricted stock incentive plan (revised draft)
2. Mandate to the board to handle matters in relation to the restricted stock incentive plan
3. Implementation and appraisal management measures for the restricted stock incentive plan.
Date: 2012-03-20
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 10 April 2012.

Meeting agenda:
1. Restricted stock incentive plan (revised draft)
2. Mandate to the board to handle matters in relation to the restricted stock incentive plan
3. Implementation and appraisal management measures for the restricted stock incentive plan

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 05 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: 08 April 2012

The Company's shareholder may choose to vote online via the trading system of Shenzhen Stock Exchange or via the website of http://wltp.cninfo.com.cn.
Part I Voting via the trading system
Voting date: 10 April 2012
Voting code:362527
Voting abbreviation:Step voting
Voting process:
1.To input the "buy" instruction to begin voting
2.To input the serial number of the Investors Meeting proposals under the item of "subscription price" "1 share" for voting for, "2 shares" for voting against and "3 shares" for "abstention".

Part II Voting via the internet
Shareholders may choose the CA (certification authority) or service password for identity verification. As to the service password, shareholders may apply for a password on the website http://www.szse.cn or http://wltp.cninfo.com.cn.
Voting period: from 09 April 2012 to 10 April 2012.