Suzhou Victory Precision Manufacture Co.,Ltd.



Quote for Suzhou Victory Precision Manufacture Co.,Ltd.

Last Trade:
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Symbol/Code:
002426
Status:
-
Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002426 quote

Summary for Suzhou Victory Precision Manufacture Co.,Ltd.

Suzhou Victory Precision Manufacture Co., Ltd. is principally engaged in the research, development, design, manufacture and distribution of structural modules. The Company primarily provides metal structural components, bases, plastic structural components, modules and motor vehicle parts, among others. The Company also involves in the processing and distribution of metal materials. The Company's products are mainly applied in the manufacture of flat panel televisions. The Company distributes its products in domestic and overseas markets.

Profile for Suzhou Victory Precision Manufacture Co.,Ltd.

Full Name:Suzhou Victory Precision Manufacture Co.,Ltd.
Full Name in Chinese:苏州胜利精密制造科技股份有限公司 Short Name in Chinese:胜利精密
Symbol/Stock Code:
002426
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Gao Yugen
Secretary of the Board:
Bao Yanqing
Phone:
+86-512-69207028 86-512
Fax:
+86-512-69207028
Official Website:www.vicsz.com
E-mail:zhengquan@vicsz.com
Address:No. 55,Xuguan Industry Zone, New Dist,SUZHOU JNG 215151
IPO Subscription Date:
2010-05-26
Listing Date:
2010-06-08
IPO Issued Capital:
40100000
IPO Price:
13.99 CNY
IPO fees:
34883400 CNY
Money Raised by IPO:
560999000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
526115600 CNY
Open(Listing day):
15.56 CNY
Close(Listing day):
18.20 CNY
Diluted P/E ratio after IPO:
34.8900
Turnover rate(listing day):
85.00%

Financials for Suzhou Victory Precision Manufacture 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)
64.8476
70.4332
138.958
167.2228
Net Profit Growth(%)
-4.58
-49.31
-16.90
6.57
Return On Equity(ROE)(%)
4.89
5.43
10.94
27.62
Debt ratio(%)
34.01
29.60
27.69
23.39
Net Operating Cash Flow/Net Profit(%)
106.82
-19.74
-17.02
95.87

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)
0.1620
0.1759
0.3622
0.4641
Diluted Earnings Per Share
0.0000
0.1095
0.3047
0.4456
Net Asset Value Per Share (NAVPS)
3.3100
3.2371
3.1710
1.6803
Additional Paid-In Capital Per Share
1.2602
1.2602
1.2602
0.0418
Retained Earnings Per Share
0.9885
0.9265
0.8374
0.5801
Net Cash Flow From Operatings Activities Per Share
0.1700
-0.0347
-0.0591
0.4400
Net Cash Flow Per Share
0.0715
-0.3270
0.9417
0.0839

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)
2085.2825
1888.1322
1787.4511
798.729
Total Liabilities(Million)
709.3697
559.0663
495.0828
184.9896
Current Liabilities(Million)
708.3139
557.8649
493.6875
183.4003
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
439.6236
404.3975
563.6656
156.8166
Accounts Receivables(Million)
489.3763
461.0943
377.5273
246.8776
Deposit Received(Million)
26.4633
16.8517
6.7257
12.5698
Other Receivables(Million)
-
5.2709
3.0666
5.9035
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1326.7834
1296.159
1269.7151
605.4196
Debt ratio(%)
34.01
29.60
27.69
23.39
Equity Ratio(%)
63.6200
68.6400
71.0300
75.5600
Current Ratio
2.0998
2.4569
2.5920
2.8632
Quick Ratio
1.6370
2.0176
2.1836
2.3946

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)
1514.3904
1557.8294
1143.8961
947.5309
Net Cash Flow From Operatings Activities(Million)
69.2672
-13.9029
-23.6544
160.3246
Net Cash Flow From Operatings Activities Change(%)
-648.86
-41.22
-114.75
53.44
Net Cash Flow(Million)
28.6322
-130.9452
377.0685
30.23
Cash From Selling Commodities/Prime Revenue(%)
118.63
99.42
87.55
105.18
Net Cash Flow/Net Profit(%)
44.15
-185.91
271.35
18.08
Cash Flow From Investing Activities(Million)
-60.6239
-146.0469
-218.2783
-73.1885
Cash Flow From Financing Activities(Million)
20.2346
40.0411
627.0187
-44.585

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)
1276.5151
1566.925
1306.5045
900.8356
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
55.6128
56.4214
47.8754
23.5627
Administrative Costs(Million)
87.574
100.1345
84.1648
60.7362
Financing Costs(Million)
-0.9781
27.2225
16.814
5.6697
Above Three Costs Change(%)
4.47
23.46
65.45
-19.61
Operating Profit(Million)
89.2327
70.2649
155.352
188.1633
Income From Investment(Million)
9.4241
20.5002
9.7357
-2.8745
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
2.7109
13.0428
10.9512
10.6885
Total Profit(Million)
91.9435
83.3077
166.3031
198.8519
Corporate Income Tax(Million)
19.2734
12.1006
24.31
30.8522
Net Profit(Million)
64.8476
70.4332
138.958
167.2228
Gross Profit Ratio(%)
18.20
16.51
23.28
32.05
Operating Margin(%)
6.99
4.48
11.89
20.88
Return On Equity(ROE)(%)
4.89
5.43
10.94
27.62

Announcements for Suzhou Victory Precision Manufacture Co.,Ltd.

Date: 2012-08-20
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 17 August 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
Date: 2012-08-02
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 17 August 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


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 10 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: 13 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: 17 August 2012
Voting code:362426
Voting abbreviation:Victory Precision 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 16 August 2012 to 17 August 2012.
Date: 2012-06-28
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 27 June 2012, during which the following proposal(s) was/were approved:
1. The revised first stock option incentive plan (draft) and its summary
2. Authorization to the board to handle matters related to the first stock option incentive plan
3. Management measures on evaulation of the Company's stock option incentive plan
4. Amendment to the articles of association.
Date: 2012-06-12
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 13:30 on 27 June 2012.

Meeting agenda:
1. The revised first stock option incentive plan (draft) and its summary
2. Authorization to the board to handle matters related to the first stock option incentive plan
3. Management measures on evaluation of the Company's stock option incentive plan
4. Amendment to the articles of association

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 20 June 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: 22 June 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: 27 June 2012
Voting code:362426
Voting abbreviation:Victory Precision 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 26 June 2012 to 27 June 2012.
Date: 2012-05-23
Title: DIVIDEND IMPLEMENTATION (CASH ONLY)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): none


Record date: 28 May 2012
Ex-date: 29 May 2012
Payment date: 29 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-05-03
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 30 April 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 annual report and its summary
5. 2011 profit distribution plan
6. Re-appointment of 2012 audit firm
7. Amendments to the Company's business scope and articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-05
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 05 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY1.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-05
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 30 April 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 annual report and its summary
5. 2011 profit distribution plan
6. Re-appointment of 2012 audit firm
7. Amendments to the Company's business scope and articles of association
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY1.00000000
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 23 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: 26 April 2012
Date: 2011-06-24
Title: EGM RESOLUTION
THE CO HELD ITS 1ST EGM OF 2011 ON 23JUN11, DURING WHICH THE FOLLOWING PROPOSAL(S) WAS/WERE APPROVED:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
2. ELECTION OF DIRECTORS INCLUDING GAO YUGEN, BAO YANQING, CAO HAIFENG, XU JIAJIN, CHEN YANLIANG AND GAO XUESONG, AND WO JIAN, WU WENYUAN AND RUI YANNIAN
3. ELECTION OF SUPERVISORS INCLUDING CHEN XIAOMING AND SHU QIQUN
Date: 2011-06-08
Title: EGM-SPOT
THE CO WILL HOLD THE 1ST EGM OF 2011 AT 09:00 ON 23JUN11.

MEETING AGENDA:
1. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
2. ELECTION OF DIRECTORS INCLUDING GAO YUGEN, BAO YANQING, CAO HAIFENG, XU JIAJIN, CHEN YANLIANG AND GAO XUESONG, AND WO JIAN, WU WENYUAN AND RUI YANNIAN
3. ELECTION OF SUPERVISORS INCLUDING CHEN XIAOMING AND SHU QIQUN

MEETING ATTENDEES:
1. A-SHARE HOLDERS REGISTERED AT CSDCC SZN AFTER THE CLOSE OF TRADING ON 16JUN11 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: 20JUN11