Tatwah Smartech Co.,Ltd.



Quote for Tatwah Smartech Co.,Ltd.

Last Trade:
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Symbol/Code:
002512
Status:
-
Stock Type:
A Share
Market Cap:
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Currency in CNY Time=UTC+8002512 quote

Summary for Tatwah Smartech Co.,Ltd.

TATWAH SMARTECH CO., LTD is principally engaged in the research, development, manufacture and distribution of radio frequency identification (RFID) products. The Company primarily provides label cards, including non-contact integrated circuit (IC) cards and electronic labels, as well as cache on board (COB) modules and reading/writing modules, among others. The Company distributes its products in domestic and overseas markets. During the year ended December 31, 2010, the Company obtained approximately 49% and 38% of its total revenue from the sale of high frequency non-contact IC cards and low frequency non-contact IC cards, respectively.

Profile for Tatwah Smartech Co.,Ltd.

Full Name:Tatwah Smartech Co.,Ltd.
Full Name in Chinese:中山达华智能科技股份有限公司 Short Name in Chinese:达华智能
Symbol/Stock Code:
002512
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Cai Xiaoru
Secretary of the Board:
Chen Kaiyuan
Phone:
+86-760-22108818
Fax:
+86-760-22130941
Official Website:www.twh.com.cn
E-mail:mango@twh.com.cn
Address:No.9,Taifeng Industrial park, Xiaolan,ZHONGSHAN GNG 528415
IPO Subscription Date:
2010-11-22
Listing Date:
2010-12-03
IPO Issued Capital:
30000000
IPO Price:
26 CNY
IPO fees:
64838500 CNY
Money Raised by IPO:
780000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
715161500 CNY
Open(Listing day):
46.00 CNY
Close(Listing day):
43.02 CNY
Diluted P/E ratio after IPO:
76.4700
Turnover rate(listing day):
80.90%

Financials for Tatwah Smartech Co.,Ltd.

UPDATE:2012-10-26 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)
40.5815
59.1396
46.5499
41.3156
Net Profit Growth(%)
-8.51
27.04
12.66
7.98
Return On Equity(ROE)(%)
4.30
6.40
5.19
30.38
Debt ratio(%)
14.32
16.83
6.57
45.47
Net Operating Cash Flow/Net Profit(%)
-10.33
55.35
117.00
85.84

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)
0.1274
0.2784
0.2858
0.5142
Diluted Earnings Per Share
0.0000
0.2683
0.2638
0.4925
Net Asset Value Per Share (NAVPS)
2.9605
4.3497
7.6082
1.5457
Additional Paid-In Capital Per Share
1.5730
2.8595
5.9471
0.1882
Retained Earnings Per Share
0.3458
0.4277
0.5949
0.3217
Net Cash Flow From Operatings Activities Per Share
-0.0132
0.1541
0.4616
0.4031
Net Cash Flow Per Share
-0.5173
-0.2239
6.0666
0.3389

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)
1261.3494
1265.344
960.9079
249.4387
Total Liabilities(Million)
180.6867
213.0322
63.1877
113.43
Current Liabilities(Million)
145.8681
180.6043
60.8877
108.93
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
575.8607
739.8453
789.949
82.7836
Accounts Receivables(Million)
76.5197
46.9408
17.0172
21.8393
Deposit Received(Million)
6.7361
6.6232
7.8819
6.1514
Other Receivables(Million)
4.8484
3.9369
1.5994
2.4141
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
943.1641
923.8214
897.7202
136.0087
Debt ratio(%)
14.32
16.83
6.57
45.47
Equity Ratio(%)
74.7700
73.0000
93.4200
54.5200
Current Ratio
6.0434
5.0794
14.3492
1.4873
Quick Ratio
5.3305
4.5228
13.3775
1.0093

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)
284.6962
328.1103
293.8504
232.0251
Net Cash Flow From Operatings Activities(Million)
-4.1919
32.7361
54.464
35.4662
Net Cash Flow From Operatings Activities Change(%)
-139.37
-39.89
53.57
-52.99
Net Cash Flow(Million)
-164.8146
-47.5557
715.8252
29.8181
Cash From Selling Commodities/Prime Revenue(%)
100.62
105.46
112.72
93.01
Net Cash Flow/Net Profit(%)
-406.13
-80.41
1537.76
72.17
Cash Flow From Investing Activities(Million)
-124.9726
-117.3479
-9.9828
-26.0643
Cash Flow From Financing Activities(Million)
-35.9482
37.3657
671.7051
20.3952

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)
282.9305
311.1265
260.6914
249.4538
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
15.0757
11.2729
6.6144
4.3197
Administrative Costs(Million)
52.538
31.0661
22.792
17.5985
Financing Costs(Million)
-11.7616
-15.1925
-1.4043
0.1209
Above Three Costs Change(%)
244.53
-3.06
27.06
-3.63
Operating Profit(Million)
40.4955
70.8103
49.9193
46.5578
Income From Investment(Million)
-
-0.0248
-
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
8.9768
2.9722
4.2167
2.049
Total Profit(Million)
49.4723
73.7826
54.136
48.6068
Corporate Income Tax(Million)
6.6125
10.0384
7.5861
7.2912
Net Profit(Million)
40.5815
59.1396
46.5499
41.3156
Gross Profit Ratio(%)
35.08
32.25
30.50
28.47
Operating Margin(%)
14.31
22.75
19.14
18.66
Return On Equity(ROE)(%)
4.30
6.40
5.19
30.38

Announcements for Tatwah Smartech Co.,Ltd.

Date: 2012-07-17
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 03 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association and mandate to the board to handle the change of industrial and commercial registration
2. Formulation of plan on the shareholders' return for the next three years from 2012 to 2014

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 31 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: 01 August 2012
Date: 2012-06-07
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
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): 5.0000


Record date: 13 June 2012
Ex-date: 14 June 2012
Payment date: 14 June 2012
Listing date of the bonus issues: 14 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: CNY0.10000000(10 percent x CNY1.00000000)
Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000)
Date: 2012-04-20
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 19 April 2012, during which the following proposal(s) was/were approved:
1. Election of directors, including Cai Xiaoru, Cai Xiaowen, Dong Yan, Cang Fenghua, Yuan Peichu, Wu Zhimei, Wang Danzhou
2. Election of shareholder representative supervisors, including Liu Jian, Li Huanfen
3. 2011 work report of the board of directors
4. 2011 work report of the supervisory committee
5. 2011 financial resolution report
6. 2011 annual report and its summary
7. 2011 profit distribution plan
8. Reappointment of audit firm
9. Adjustment to the allowance for directors
10. Handling of the principal-guaranteed bank financing products with annual total amount of not exceeding CNY0.18 billion
11. Amendments to the Company's 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): 5.00.
Date: 2012-03-30
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 30 March 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):5.0000.
Date: 2012-03-30
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 19 April 2012.

Meeting agenda:
1. Election of directors, including Cai Xiaoru, Cai Xiaowen, Dong Yan, Cang Fenghua, Yuan Peichu, Wu Zhimei, Wang Danzhou
2. Election of shareholder representative supervisors, including Liu Jian, Li Huanfen
3. 2011 work report of the board of directors
4. 2011 work report of the supervisory committee
5. 2011 financial resolution report
6. 2011 annual report and its summary
7. 2011 profit distribution plan
8. Reappointment of audit firm
9. Adjustment to the allowance for directors
10. Handling of the principal-guaranteed bank financing products with annual total amount of not exceeding CNY0.18 billion
11. Amendments to the Company's 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): 5.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 13 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: 13 April 2012
Date: 2011-11-23
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2011 on 22 November 2011, during which the following proposal(s) was/were approved:
1. To subscribe a company's non-public A-share offering.
Date: 2011-11-07
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2011 at 10:00 on 22 November 2011.

Meeting agenda:
1. To subscribe a company's non-public A-share offering

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 17 November 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: 18 November 2011
Date: 2011-10-10
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2011 on 30 September 2011, during which the following proposal(s) was/were approved:
1. Raised fund management system(revision)
2. External guarantee system(revision)
3. Connected transactions management system(revision)
4. Information disclosure management system(revision)
5. External investment management system
6. Amendments to the Company's articles of association and changes in industrial and commercial registration regarding change of the Company's registered capital.
Date: 2011-09-14
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2011 at 10:00 on 30 September 2011.

Meeting agenda:
1. Raised fund management system(revision)
2. External guarantee system(revision)
3. Connected transactions management system(revision)
4. Information disclosure management system(revision)
5. External investment management system
6. Amendments to the Company's articles of association and changes in industrial and commercial registration regarding change of the Company's registered capital

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 27 September 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: 29 September 2011
Date: 2011-06-23
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2010 FINAL DISTRIBUTION PLAN TO BE IMPLEMENTED (A SHARES):

1. CASH DIVIDEND/10 SHARES (TAX INCLUDED): CNY2.8000
2. BONUS ISSUE FROM PROFIT (SHARE/10 SHARES): NONE
3. BONUS ISSUE FROM CAPITAL RESERVE (SHARE/10 SHARES): 8.00


RECORD DATE: 28JUN11
EX-DATE: 29JUN11
PAYMENT DATE: 29JUN11
LISTING DATE OF THE BONUS ISSUES: 29JUN11
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: CNY 0.280000(10 PERCENT X CNY 2.800000)
NET CASH DIVIDEND/10 SHARES AFTER TAX: CNY 2.520000(CNY 2.800000- CNY0.280000)