Shenzhen Aoto Electronics Co., Ltd.



Quote for Shenzhen Aoto Electronics Co., Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002587
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+8002587 quote

Summary for Shenzhen Aoto Electronics Co., Ltd.

SHENZHEN AOTO ELECTRONIC CO., LTD. is principally engaged in the research, development, design, manufacture, distribution and related specialty services of light emitting diode (LED) display systems and electronic bill reversion systems. The Company primarily provides LED video display systems, LED information publish and guidance systems, as well as electronic bill reversion systems. Its products are applied in advertisement, sports, finance, medical and urban transportation businesses, among others. During the year ended December 31, 2010, the Company obtained approximately 77.8% and 18.79% of its total revenue from LED display products and electronic bill reversion systems, respectively. It distributes its products in domestic and overseas markets.

Profile for Shenzhen Aoto Electronics Co., Ltd.

Full Name:Shenzhen Aoto Electronics Co., Ltd.
Full Name in Chinese:深圳市奥拓电子股份有限公司 Short Name in Chinese:奥拓电子
Symbol/Stock Code:
002587
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wu Hanqu
Secretary of the Board:
Li Jun
Phone:
+86-755-26719889
Fax:
+86-755-26719890
Official Website:www.szaoto.com.cn
E-mail:lij@szaoto.com
Address:B, 6F, Phase A, T2 Building,,South District, Hi-tech Industri,SHENZHEN GNG 518057
IPO Subscription Date:
2011-06-01
Listing Date:
2011-06-10
IPO Issued Capital:
21000000
IPO Price:
16 CNY
IPO fees:
26424800 CNY
Money Raised by IPO:
336000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
309575200 CNY
Open(Listing day):
17.12 CNY
Close(Listing day):
17.18 CNY
Diluted P/E ratio after IPO:
29.6400
Turnover rate(listing day):
87.49%

Financials for Shenzhen Aoto Electronics Co., Ltd.

UPDATE:2012-10-21 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)
36.2052
33.5648
48.2709
32.6374
Net Profit Growth(%)
24.97
-30.46
47.90
28.92
Return On Equity(ROE)(%)
7.14
6.77
31.57
31.20
Debt ratio(%)
11.11
12.48
30.29
38.67
Net Operating Cash Flow/Net Profit(%)
6.35
23.41
49.23
106.09

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)
0.3300
0.4600
0.7700
0.5200
Diluted Earnings Per Share
0.0000
0.3800
0.7200
0.5000
Net Asset Value Per Share (NAVPS)
4.6400
5.9000
2.4300
1.6605
Additional Paid-In Capital Per Share
2.5707
3.6420
0.2754
0.2754
Retained Earnings Per Share
0.9473
1.1005
0.9844
0.2900
Net Cash Flow From Operatings Activities Per Share
0.0200
0.0900
0.3800
0.5500
Net Cash Flow Per Share
-0.3381
3.5276
0.0032
0.2696

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)
570.4543
566.7821
219.3258
170.5897
Total Liabilities(Million)
63.4313
70.7643
66.448
65.9827
Current Liabilities(Million)
62.9832
70.315
63.1287
60.2369
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
369.0628
405.9827
109.6652
109.4648
Accounts Receivables(Million)
76.3334
53.6127
40.0234
16.7392
Deposit Received(Million)
5.5971
3.4042
7.5164
11.0415
Other Receivables(Million)
4.5968
2.6468
8.5148
1.7224
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
507.023
496.0178
152.8778
104.607
Debt ratio(%)
11.11
12.48
30.29
38.67
Equity Ratio(%)
88.8800
87.5100
69.7000
61.3200
Current Ratio
8.1512
7.4918
3.1094
2.6563
Quick Ratio
7.2483
6.6792
2.5166
2.1270

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)
199.1843
240.286
213.7706
148.6087
Net Cash Flow From Operatings Activities(Million)
2.2973
7.857
23.7644
34.626
Net Cash Flow From Operatings Activities Change(%)
-160.17
-66.94
-31.37
16.01
Net Cash Flow(Million)
-36.9199
296.3175
0.2004
16.9843
Cash From Selling Commodities/Prime Revenue(%)
96.14
104.40
96.31
97.23
Net Cash Flow/Net Profit(%)
-101.97
882.82
0.42
52.04
Cash Flow From Investing Activities(Million)
-20.0241
-22.3881
-13.3796
2.378
Cash Flow From Financing Activities(Million)
-19.3111
311.1502
-10.0043
-20

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)
207.1874
230.1682
221.9679
152.8429
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
27.2693
33.3492
22.777
17.4311
Administrative Costs(Million)
25.4534
35.1847
23.0639
18.1289
Financing Costs(Million)
-8.5066
-5.4907
-0.7172
-0.7898
Above Three Costs Change(%)
-6.72
39.71
29.78
-3.20
Operating Profit(Million)
41.0801
33.4264
51.2692
35.6651
Income From Investment(Million)
-
-
-
-0.8239
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
2.2327
6.4659
4.6225
2.2219
Total Profit(Million)
43.3129
39.8923
55.8917
37.887
Corporate Income Tax(Million)
7.1077
6.3275
7.6208
5.2496
Net Profit(Million)
36.2052
33.5648
48.2709
32.6374
Gross Profit Ratio(%)
42.65
43.67
44.70
46.37
Operating Margin(%)
19.82
14.52
23.09
23.33
Return On Equity(ROE)(%)
7.14
6.77
31.57
31.20

Announcements for Shenzhen Aoto Electronics Co., Ltd.

Date: 2012-07-10
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 09 July 2012, during which the following proposal(s) was/were approved:
1. The plan for the shareholders' profit return for the next three years(2012-2014)
2. Amendments to the Company's articles of association
3. Formulation of implementation rules for accumulative voting system.
Date: 2012-06-21
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:30 on 09 July 2012.

Meeting agenda:
1. The plan for the shareholders' profit return for the next three years(2012-2014)
2. Amendments to the Company's articles of association
3. Formulation of implementation rules for accumulative voting system

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 03 July 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: 05 July 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: 09 July 2012
Voting code:362587
Voting abbreviation:Aoto Electronics 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 08 July 2012 to 09 July 2012.
Date: 2012-06-14
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 3.0000


Record date: 20 June 2012
Ex-date: 21 June 2012
Payment date: 21 June 2012
Listing date of the bonus issues: 21 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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-06-06
Title: RESTRICTED SHARE LISTING
Among the Company's 37442250 restricted shares to be unlocked on 11 June 2012, 37442250 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-05-04
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 03 May 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 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. 2011 special report on the deposit and use of raised funds
7. 2012 financial budget report
8. Formulation of financial management system
9. Formulation of remuneration management system for directors and supervisors
10. Reappointment of audit firm
11. Formulation of management system for financial products
12. Application for CNY-demoninated comprehensive credit line to banks
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 3.00.
Date: 2012-04-09
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 09 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):3.0000.
Date: 2012-04-09
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 03 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 annual report and its summary
6. 2011 special report on the deposit and use of raised funds
7. 2012 financial budget report
8. Formulation of financial management system
9. Formulation of remuneration management system for directors and supervisors
10. Reappointment of audit firm
11. Formulation of management system for financial products
12. Application for CNY-demoninated comprehensive credit line to banks
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
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 27 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: 02 May 2012
Date: 2011-10-18
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2011 on 17 October 2011, during which the following proposal(s) was/were approved:
1. Re-appointment of audit firm.
Date: 2011-09-28
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2011 at 09:30 on 17 October 2011.

Meeting agenda:
1. Re-appointment of audit firm

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 12 October 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: 14 October 2011
Date: 2011-09-07
Title: PLACING SHARE LISTING
The Company's 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 13 September 2011.