Shenzhen Mtc Co.,Ltd.



Quote for Shenzhen Mtc Co.,Ltd.

Last Trade:
-
Change:
--
Symbol/Code:
002429
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+8002429 quote

Summary for Shenzhen Mtc Co.,Ltd.

Shenzhen MTC Co., Ltd. is principally engaged in the research, development, design, manufacture and distribution of household video and audio consumer electronics. The Company primarily provides household video and audio consumer electronics, including liquid crystal display (LCD) televisions, digital set top boxes, blue laser video disk players and multimedia sound boxes. The Company offers original design manufacturer (ODM) services. The Company distributes its products in domestic and overseas markets.

Profile for Shenzhen Mtc Co.,Ltd.

Full Name:Shenzhen Mtc Co.,Ltd.
Full Name in Chinese:深圳市兆驰股份有限公司 Short Name in Chinese:兆驰股份
Symbol/Stock Code:
002429
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Gu Wei
Secretary of the Board:
Qi Lingyan
Phone:
+86-755-33345613
Fax:
+86-755-33345607
Official Website:www.szmtc.com.cn
E-mail:ls@szmtc.com.cn
Address:31-32F,3069 Caitian Road, Futian Distri,SHENZHEN GNG 518026
IPO Subscription Date:
2010-05-31
Listing Date:
2010-06-10
IPO Issued Capital:
56000000
IPO Price:
30 CNY
IPO fees:
50997700 CNY
Money Raised by IPO:
1680000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1629002300 CNY
Open(Listing day):
31.51 CNY
Close(Listing day):
33.01 CNY
Diluted P/E ratio after IPO:
65.2200
Turnover rate(listing day):
75.30%

Financials for Shenzhen Mtc 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)
414.8576
407.6044
343.0289
250.5696
Net Profit Growth(%)
56.90
18.82
36.89
155.65
Return On Equity(ROE)(%)
12.96
13.93
12.89
36.53
Debt ratio(%)
37.27
42.72
15.34
48.95
Net Operating Cash Flow/Net Profit(%)
66.95
-32.31
-47.90
76.75

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)
0.5900
0.5800
0.4800
0.6000
Diluted Earnings Per Share
0.0000
0.5500
0.4800
0.5200
Net Asset Value Per Share (NAVPS)
4.5100
4.1300
5.6300
1.6500
Additional Paid-In Capital Per Share
1.9130
1.9130
3.3694
0.0356
Retained Earnings Per Share
1.4480
1.0627
1.0935
0.4997
Net Cash Flow From Operatings Activities Per Share
0.3900
-0.1900
-0.3500
0.4600
Net Cash Flow Per Share
-0.3104
0.5251
0.1255
0.0015

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)
5101.8667
5107.9919
3144.9769
1310.8742
Total Liabilities(Million)
1901.7438
2182.4717
482.7357
626.2522
Current Liabilities(Million)
1821.3126
2120.5038
449.7204
623.462
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1438.8587
2419.4893
1841.7727
533.3919
Accounts Receivables(Million)
1154.1085
749.5911
412.398
224.602
Deposit Received(Million)
23.1118
19.6318
15.1022
16.0613
Other Receivables(Million)
29.5387
39.9718
34.1004
5.3305
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
3200.1228
2925.5202
2662.2412
685.8531
Debt ratio(%)
37.27
42.72
15.34
48.95
Equity Ratio(%)
62.7200
57.2700
84.6500
51.0400
Current Ratio
2.5705
2.2264
6.6039
1.8644
Quick Ratio
2.1286
1.9286
5.3260
1.2843

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)
4500.9434
4043.7951
2895.6169
2878.9032
Net Cash Flow From Operatings Activities(Million)
277.7623
-131.7165
-164.3092
192.3176
Net Cash Flow From Operatings Activities Change(%)
-225.87
-19.84
-185.44
82.71
Net Cash Flow(Million)
-219.9891
372.1846
59.3181
0.6199
Cash From Selling Commodities/Prime Revenue(%)
97.93
90.40
95.92
101.29
Net Cash Flow/Net Profit(%)
-53.03
91.31
17.29
0.25
Cash Flow From Investing Activities(Million)
303.4046
-726.6676
-1253.9596
-185.5068
Cash Flow From Financing Activities(Million)
-803.6866
1241.2422
1486.8648
-4.6555

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)
4595.8966
4473.4645
3018.6282
2842.1048
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
64.7639
66.183
44.2
48.4351
Administrative Costs(Million)
70.9523
79.4926
40.8621
29.6442
Financing Costs(Million)
-36.9288
-21.6607
-10.0271
4.4077
Above Three Costs Change(%)
49.54
65.28
-9.03
-7.06
Operating Profit(Million)
489.0063
473.4848
395.8373
273.4235
Income From Investment(Million)
-
12.6573
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
2.8641
10.9013
5.1481
4.3126
Total Profit(Million)
491.8704
484.3862
400.9854
277.7361
Corporate Income Tax(Million)
77.0129
76.7817
57.9565
27.1664
Net Profit(Million)
414.8576
407.6044
343.0289
250.5696
Gross Profit Ratio(%)
13.87
13.67
16.15
12.73
Operating Margin(%)
10.64
10.58
13.11
9.62
Return On Equity(ROE)(%)
12.96
13.93
12.89
36.53

Announcements for Shenzhen Mtc Co.,Ltd.

Date: 2012-10-23
Title: EGM-ONLINE
The Company will hold the 4th Extraordinary General Meeting of 2012 at 14:30 on 14 November 2012.

Meeting agenda:
1. The restricted stock incentive plan(draft revision) and its summary
1.1. The basis for determining plan participants and the scope thereof
1.2. Source and number of the underlying stocks involved in the plan
1.3. Results of the restricted stocks granted to plan participants
1.4. Valid period, granting date, lock-up period, unlocking date of the incentive plan and the related regulation on restricted stocks
1.5. Grant price of restricted stocks and the determining method
1.6. Conditions for granting and unlocking the restricted stocks
1.7. Implementation plan for reserving partial restricted stocks
1.8. The methods and procedures for adjusting the restricted stock incentive plan
1.9. Accounting treatment for the restricted stock
1.10. Procedures of granting and unlocking
1.11. Rights and obligations for the Company and plan participants
1.12. Alteration, termination of the plan
1.13. Principles for the cancellation of the restricted stocks
2. Management measures for implementation and appraisal in respect of the restricted stock incentive plan
3. Authorization to the board to handle matters in relation to the restricted stock incentive plan
4. Application for comprehensive credit line to banks


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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 13 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: 14 November 2012
Voting code:362429
Voting abbreviation:MTC 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 13 November 2012 to 14 November 2012.
Date: 2012-09-18
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 17 September 2012, during which the following proposal(s) was/were approved:
1. Investment in construction of MTC innovation industrial park
2. Change of implementation party and place of projects invested with raised funds
3. Supplementary investment in MTC innovation industrial park with excessive raised funds and self-raiseded funds
4. Investment in setup of a company
Date: 2012-08-08
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 07 August 2012, during which the following proposal(s) was/were approved:
1. Guarantee for wholly-owned subsidiaries
2. Permanent replenishment to working capital with partial excessive raised funds
Date: 2012-07-18
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 07 August 2012.

Meeting agenda:
1. Guarantee for wholly-owned subsidiaries
2. Permanent replenishment to working capital with partial excessive raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 01 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: 02 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: 07 August 2012
Voting code:362429
Voting abbreviation:MTC 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 06 August 2012 to 07 August 2012.
Date: 2012-06-26
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 13 July 2012.

Meeting agenda:
1. Application for comprehensive credit line to banks
2. The Company's strategic development plan
3. The plan for the shareholders' profit return for 2012-2014
4. Amendments to the Company's articles of association
5. Amendments to the rules of procedures for the directors board
6. Election of Zhou Can as director

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: 2012-04-27
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: 07 May 2012
Ex-date: 08 May 2012
Payment date: 08 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: CNY0.20000000(10 percent x CNY2.00000000)
Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000)
Date: 2012-04-13
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 12 April 2012, during which the following proposal(s) was/were approved:
1. 2011 work report of the board of directors
2. 2011 annual report and its summary
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 special report on the deposit and use of raised funds
6. 2011 remuneration for directors and senior management
7. 2012 performance evaluation scheme for directors and senior management
8. 2011 work report of the supervisory committee
9. 2011 remuneration for supervisors
10. 2012 performance evaluation scheme for supervisors
11. 2012 continuing connected transactions estimate
12. Amendments to the Company's articles of association
13. Amendments to the Company's rules of procedures governing shareholders' general meetings
14. Amendments to the management measures for external investment
15. Adjustment to the 2012 allowance for independent directors
16. Amendments to the Company's rules of procedures governing meetings of the supervisory committee
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.
Date: 2012-03-22
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 22 March 2012.

The profit distribution proposal for 2011:
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.
Date: 2012-03-22
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 12 April 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 annual report and its summary
3. 2011 financial resolution report
4. 2011 profit distribution plan
5. 2011 special report on the deposit and use of raised funds
6. 2011 remuneration for directors and senior management
7. 2012 performance evaluation scheme for directors and senior management
8. 2011 work report of the supervisory committee
9. 2011 remuneration for supervisors
10. 2012 performance evaluation scheme for supervisors
11. 2012 continuing connected transactions estimate
12. Amendments to the Company's articles of association
13. Amendments to the Company's rules of procedures governing shareholders' general meetings
14. Amendments to the management measures for external investment
15. Adjustment to the 2012 allowance for independent directors
16. Amendments to the Company's rules of procedures governing meetings of the supervisory committee
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

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 06 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: 10 April 2012
Date: 2011-12-02
Title: EGM RESOLUTION
The Company held its 6th Extraordinary General Meeting of 2011 on 01 December 2011, during which the following proposal(s) was/were approved:
1. Change of audit firm
2. Application for comprehensive credit to banks.