Shenzhen Mason Technologies Co.,Ltd.



Quote for Shenzhen Mason Technologies Co.,Ltd.

Last Trade:
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Symbol/Code:
002654
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002654 quote

Summary for Shenzhen Mason Technologies Co.,Ltd.

Shenzhen Mason Technologies Co Ltd. is a provider of light-emitting diode (LED) lighting products. The Company is primarily engaged in the research and development, design, production and sale of high-end LED light source device packaging and LED lighting products. The Company's LED light source device are comprised of line LED and surface mount device (SMD) LED products depending on package types. Its LED lighting products consist of LED general lighting products and LED landscape decorative lighting products, depending on application areas. The Company distributes its products in domestic market in China, as well as overseas markets, including the United States, Japan and Europe.

Profile for Shenzhen Mason Technologies Co.,Ltd.

Full Name:Shenzhen Mason Technologies Co.,Ltd.
Full Name in Chinese:深圳万润科技股份有限公司 Short Name in Chinese:万润科技
Symbol/Stock Code:
002654
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Li Zhijiang
Secretary of the Board:
Hao Jun
Phone:
+86-755-33953399
Fax:
+86-755-33236389
Official Website:www.mason-led.com
E-mail:wanrun@mason-led.com
Address:B Building Factory,,Yasheng Science and Technology,SHENZHEN GNG 518107
IPO Subscription Date:
2012-02-06
Listing Date:
2012-02-17
IPO Issued Capital:
22000000
IPO Price:
12 CNY
IPO fees:
44804900 CNY
Money Raised by IPO:
264000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
219195100 CNY
Open(Listing day):
17.20 CNY
Close(Listing day):
16.42 CNY
Diluted P/E ratio after IPO:
30.0000
Turnover rate(listing day):
87.60%

Financials for Shenzhen Mason Technologies 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)
34.2534
54.0691
36.1399
19.1219
Net Profit Growth(%)
-18.65
49.61
88.99
-12.01
Return On Equity(ROE)(%)
6.97
21.77
18.60
18.88
Debt ratio(%)
28.08
41.78
40.80
40.15
Net Operating Cash Flow/Net Profit(%)
33.09
104.73
74.42
83.74

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)
0.4100
0.8200
0.7000
0.3800
Diluted Earnings Per Share
0.0000
0.7900
0.6800
0.3800
Net Asset Value Per Share (NAVPS)
5.5800
3.7600
2.9400
2.0258
Additional Paid-In Capital Per Share
2.8351
0.7923
0.7923
0.2287
Retained Earnings Per Share
1.5986
1.7725
1.0360
0.7170
Net Cash Flow From Operatings Activities Per Share
0.1300
0.8600
0.4100
0.3200
Net Cash Flow Per Share
1.4690
-0.0902
0.4303
0.4958

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)
683.1335
426.6153
328.1888
173.1261
Total Liabilities(Million)
191.8919
178.2621
133.9046
69.5112
Current Liabilities(Million)
185.279
169.9779
111.9175
44.5112
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
200.2021
71.5446
74.2699
45.4703
Accounts Receivables(Million)
131.1561
85.8133
58.2363
28.6003
Deposit Received(Million)
5.1701
7.2372
3.3145
4.3278
Other Receivables(Million)
5.5409
6.1922
4.1307
3.986
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
491.2417
248.3532
194.2841
101.2899
Debt ratio(%)
28.08
41.78
40.80
40.15
Equity Ratio(%)
71.9100
58.2100
59.1900
58.5000
Current Ratio
2.5115
1.5553
2.0225
2.6871
Quick Ratio
2.0362
1.1498
1.3239
1.8102

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)
253.2922
342.0742
209.0334
139.6665
Net Cash Flow From Operatings Activities(Million)
11.3356
56.6275
26.8965
16.0119
Net Cash Flow From Operatings Activities Change(%)
-56.52
110.54
67.98
34.31
Net Cash Flow(Million)
129.2722
-5.9511
28.4007
24.7897
Cash From Selling Commodities/Prime Revenue(%)
87.79
91.35
89.37
101.72
Net Cash Flow/Net Profit(%)
377.40
-11.01
78.59
129.64
Cash Flow From Investing Activities(Million)
-81.8929
-65.2127
-68.6421
-8.4253
Cash Flow From Financing Activities(Million)
199.7704
3.1898
70.4991
17.3228

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)
288.5146
374.4455
233.8876
137.3031
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
16.4503
16.3969
13.431
10.1855
Administrative Costs(Million)
21.8177
24.3988
17.3142
14.3375
Financing Costs(Million)
-1.0846
3.5845
3.6345
0.9576
Above Three Costs Change(%)
12.00
29.09
34.93
16.76
Operating Profit(Million)
35.7482
60.5863
39.4785
20.3983
Income From Investment(Million)
-
-
-0.6917
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
3.8272
2.1081
2.1772
0.2931
Total Profit(Million)
39.5754
62.6944
41.6558
20.6914
Corporate Income Tax(Million)
5.322
8.6253
5.7928
1.6945
Net Profit(Million)
34.2534
54.0691
36.1399
19.1219
Gross Profit Ratio(%)
27.32
29.65
34.00
34.79
Operating Margin(%)
12.39
16.18
16.87
14.85
Return On Equity(ROE)(%)
6.97
21.77
18.60
18.88

Announcements for Shenzhen Mason Technologies Co.,Ltd.

Date: 2012-10-11
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 10 October 2012, during which the following proposal(s) was/were approved:
1. Continued use of partial idle raised funds to temporarily replenish working capital
2. Application for comprehensive credit line to banks
3. A company to apply for comprehensive credit line to banks
4. Amendments to the rules of procedures for general meetings
5. Amendments to decision making system on connected transactions
6. Amendments to work system for independent directors
7. Amendments to external guarantee management system
8. Amendments to the Company's raised fund special deposit system
9. Amendments to the implementation rules for accumulative voting system at shareholders' meeting
10. Amendments to implementation rules for on-line voting at shareholders' meeting
Date: 2012-08-01
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 31 July 2012, during which the following proposal(s) was/were approved:
1. Plan on the shareholders' return for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
3. Amendments to the Company's rules of procedures governing the board meeting
4. Amendments to external investment management system
5. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee
Date: 2012-07-12
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:30 on 31 July 2012.

Meeting agenda:
1. Plan on the shareholders' return for the next three years from 2012 to 2014
2. Amendments to the Company's articles of association
3. Amendments to the Company's rules of procedures governing the board meeting
4. Amendments to external investment management system
5. Amendments to the Company's rules of procedures governing the meetings of the supervisory committee

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 25 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: 27 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: 31 July 2012
Voting code:362654
Voting abbreviation:Mason Technologies 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 July 2012 to 31 July 2012.
Date: 2012-05-21
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 24 May 2012
Ex-date: 25 May 2012
Payment date: 25 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: CNY0.12000000(10 percent x CNY1.20000000)
Net cash dividend/10 shares after tax: CNY1.08000000(CNY1.20000000- CNY0.12000000)
Date: 2012-05-14
Title: PLACING SHARE LISTING
The Company's 4.4 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 17 May 2012.
Date: 2012-05-08
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 07 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. Appointment of 2012 audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-16
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 16 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.20000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-16
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 07 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. Appointment of 2012 audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.20000000
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 02 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: 03 May 2012
Date: 2012-03-27
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 26 March 2012, during which the following proposal(s) was/were approved:
1. Change of business scope
2. Amendments to and perfection of the Company's articles of association
3. Capital increase in a company with raised funds
4. To replenish working capital with idle raised funds
5. Formulation of measures for remuneration management for directors and supervisors
6. Determination on 2012 remuneration scheme for directors and supervisors
7. Formulation of audit firm appointment system.
Date: 2012-02-16
Title: IPO SHARE LISTING
The Company issued a total of 22 million shares (code:002654) in its initial public offering. Of the shares,17.6 million shares will be listed on the Shenzhen Stock Exchange on 17 February 2012 while the remainder will become tradable three months later.