Shenzhen Moso Power Supply Technology Co.,Ltd.



Quote for Shenzhen Moso Power Supply Technology Co.,Ltd.

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Symbol/Code:
002660
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002660 quote

Summary for Shenzhen Moso Power Supply Technology Co.,Ltd.

Shenzhen Moso Power Supply Technology Co.,Ltd. is principally engaged in the research, development, production and sale of switch power supplies. The Company primarily provides consumer electronics power supplies for audio and video (AV) products and information technology (IT) communication products, as well as large power light emitting diode (LED) lighting equipment drive power supplies, including constant voltage power supplies, coonstant current power supplies, constant current modules and intelligent control drive power supplies, among others. The Company's consumer electronics power supplies are mainly applied in set-top boxes, routers, digital photo frames, telephone communication products, automobile electronics, video cameras, electronic game consoles and education products, among others. Its large power LED lighting equipment drive power supplies are mainly applied in large power LED road lamps and tunnel lamps.

Profile for Shenzhen Moso Power Supply Technology Co.,Ltd.

Full Name:Shenzhen Moso Power Supply Technology Co.,Ltd.
Full Name in Chinese:深圳茂硕电源科技股份有限公司 Short Name in Chinese:茂硕电源
Symbol/Stock Code:
002660
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Gu Yongde
Secretary of the Board:
Qin Chuanjun
Phone:
+86-755-27659888
Fax:
+86-755-27657908
Official Website:www.mosopower.com
E-mail:mgr.fin@mosopower.com
Address:6F, Sangtai Industrial Park, Xia,SHENZHEN GNG 518055
IPO Subscription Date:
2012-03-07
Listing Date:
2012-03-16
IPO Issued Capital:
24280000
IPO Price:
18.5 CNY
IPO fees:
34994500 CNY
Money Raised by IPO:
449180000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
414185500 CNY
Open(Listing day):
31.45 CNY
Close(Listing day):
24.50 CNY
Diluted P/E ratio after IPO:
34.9100
Turnover rate(listing day):
20.13%

Financials for Shenzhen Moso Power Supply Technology 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)
37.8194
53.7255
47.0987
23.8859
Net Profit Growth(%)
-8.32
14.06
97.18
-
Return On Equity(ROE)(%)
5.76
24.00
27.70
16.61
Debt ratio(%)
20.55
48.77
59.01
50.71
Net Operating Cash Flow/Net Profit(%)
-47.20
65.92
88.17
46.53

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)
0.4300
0.7400
0.6500
0.3500
Diluted Earnings Per Share
0.0000
0.7000
0.6900
0.3700
Net Asset Value Per Share (NAVPS)
6.7700
3.0800
2.3400
2.5700
Additional Paid-In Capital Per Share
4.3614
0.4556
0.4541
0.8085
Retained Earnings Per Share
1.2593
1.4265
0.7521
0.6780
Net Cash Flow From Operatings Activities Per Share
-0.1800
0.4900
0.5700
0.2000
Net Cash Flow Per Share
3.0209
0.2434
0.4280
0.3142

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)
828.2534
437.9626
414.9506
291.8376
Total Liabilities(Million)
170.2618
213.6146
244.8928
148.0002
Current Liabilities(Million)
163.9177
175.9003
244.8928
148.0002
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
386.0029
111.8269
89.087
57.074
Accounts Receivables(Million)
208.0928
152.4261
176.1107
123.5815
Deposit Received(Million)
0.0093
5.9268
4.0775
2.0811
Other Receivables(Million)
13.0781
11.9376
7.8798
4.314
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
656.8186
223.8938
170.0578
143.8569
Debt ratio(%)
20.55
48.77
59.01
50.71
Equity Ratio(%)
79.3000
51.1200
40.9800
49.2900
Current Ratio
4.6740
2.2478
1.5439
1.8538
Quick Ratio
4.0896
1.7642
1.2263
1.4944

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)
329.3627
589.8369
436.8238
259.5395
Net Cash Flow From Operatings Activities(Million)
-17.8515
35.4141
41.5265
11.1153
Net Cash Flow From Operatings Activities Change(%)
-290.57
-14.72
273.60
-
Net Cash Flow(Million)
293.2655
17.7182
31.1608
17.5925
Cash From Selling Commodities/Prime Revenue(%)
88.19
106.36
89.67
91.21
Net Cash Flow/Net Profit(%)
775.44
32.98
66.16
73.65
Cash Flow From Investing Activities(Million)
-56.2985
-13.9101
-20.7142
-17.9212
Cash Flow From Financing Activities(Million)
367.0912
-3.3773
10.4367
24.456

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)
373.4632
554.5717
487.1526
284.5435
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
17.7752
30.0782
21.4788
11.2242
Administrative Costs(Million)
33.945
50.962
48.1184
25.6491
Financing Costs(Million)
-6.4976
6.3895
2.9838
0.509
Above Three Costs Change(%)
-31.08
20.46
94.16
-
Operating Profit(Million)
40.0453
61.7409
53.2676
24.9091
Income From Investment(Million)
-
-
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.4936
2.8775
-0.2371
1.7932
Total Profit(Million)
44.539
64.6184
53.0305
26.7023
Corporate Income Tax(Million)
6.9167
10.8282
5.5806
2.8359
Net Profit(Million)
37.8194
53.7255
47.0987
23.8859
Gross Profit Ratio(%)
23.79
27.42
26.07
22.31
Operating Margin(%)
10.72
11.13
10.93
8.75
Return On Equity(ROE)(%)
5.76
24.00
27.70
16.61

Announcements for Shenzhen Moso Power Supply Technology Co.,Ltd.

Date: 2012-10-29
Title: EGM-ONLINE
The Company will hold the 6th Extraordinary General Meeting of 2012 at 14:30 on 13 November 2012.

Meeting agenda:
1. The restricted stock incentive plan(revision) and its summary
1.1. The basis for determining plan participants and the scope thereof
1.2. Source, type and number of the underlying stocks involved in the plan
1.3. Results of the restricted stock distributed to plan participants
1.4. Valid period, grant date, lock-up period and unlocking date of the plan and and other regulations on locking of the underlying stocks involved in the plan
1.5. Grant price for the restricted stock and its determination method
1.6. Conditions for plan participants to be granted and unlock the stocks
1.7. Implementation plan of reserving some restricted stocks
1.8. Methods and procedures for adjusting the plan
1.9. Accounting treatment for the stock incentive plan
1.10. Rights and obligations for the Company and plan participants
1.11. Procedures on granting the stocks and unlocking the restricted stocks
1.12. Alteration, termination and other matters of the plan
1.13. Cancellation of the restricted stocks
2. Management measures for implementation and appraisal in respect of the restricted stock incentive plan
3. To regard Zhou Jun as participants of the plan
4. Authorization to the board to handle matters in relation to the restricted stock incentive plan


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 08 November 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 12 November 2012 to 12 November 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: 13 November 2012
Voting code:362660
Voting abbreviation:Moso Power Supply 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 12 November 2012 to 13 November 2012.
Date: 2012-10-24
Title: EGM RESOLUTION
The Company held its 5th Extraordinary General Meeting of 2012 on 23 October 2012, during which the following proposal(s) was/were approved:
1. Appointment of audit firm
2. Amendments to the Company's articles of association
Date: 2012-10-08
Title: EGM-SPOT
The Company will hold the 5th Extraordinary General Meeting of 2012 at 09:30 on 23 October 2012.

Meeting agenda:
1. Appointment of audit firm
2. Amendments to the Company's articles of association


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 18 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 19 October 2012 to 19 October 2012
Date: 2012-08-31
Title: EGM RESOLUTION
The Company held its 4th Extraordinary General Meeting of 2012 on 30 August 2012, during which the following proposal(s) was/were approved:
1. Election of independent director
Date: 2012-08-14
Title: EGM-SPOT
The Company will hold the 4th Extraordinary General Meeting of 2012 at 09:30 on 30 August 2012.

Meeting agenda:
1. Election of independent director


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 27 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: from 28 August 2012 to 28 August 2012
Date: 2012-07-12
Title: NAME CHANGE
The Company announced its name change on 12 July 2012. Its full name will be changed to 'Moso Power Supply Technology Co., Ltd.' effective from 11 July 2012. Others remain unchanged.
Date: 2012-07-03
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY2.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 09 July 2012
Ex-date: 10 July 2012
Payment date: 10 July 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-06-29
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:30 on 13 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. Application for comprehensive credit line to a bank

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 11 July 2012
Date: 2012-06-13
Title: PLACING SHARE LISTING
The Company's 4.85 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 18 June 2012.
Date: 2012-05-30
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 29 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 and 2012 financial budget report
4. 2011 profit distribution plan
5. Re-appointment of audit firm and determination of audit fee
6. Remuneration system for directors, supervisors and senior management
7. 2012 remuneration plan for directors, supervisors and senior management
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY2.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.