United Electronics Co., Ltd.



Quote for United Electronics Co., Ltd.

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Symbol/Code:
002642
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002642 quote

Summary for United Electronics Co., Ltd.

United Electronics Co.,Ltd. is principally engaged in the provision of system integration and related technical services for data centers. The Company primarily provides high performance computing system solutions, transaction processing cluster system solutions, integrated storage solutions, integrated data protection solutions, integrated identity authentication and visiting management solutions, data center virtualization solutions, desktop virtualization and applied long distance payment system solutions, as well as green computer room solutions, among others. The Company also provides operating maintenance services, data migration services, as well as software development and upgrade services.

Profile for United Electronics Co., Ltd.

Full Name:United Electronics Co., Ltd.
Full Name in Chinese:北京荣之联科技股份有限公司 Short Name in Chinese:荣之联
Symbol/Stock Code:
002642
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Wang Donghui
Secretary of the Board:
Li Zhijian
Phone:
+86-010-62602016
Fax:
+86-010-62602100
Official Website:www.ronglian.com
E-mail:ir@ronglian.com
Address:11F Huihuang Times Mansion, No,BEIJING 100080
IPO Subscription Date:
2011-12-08
Listing Date:
2011-12-20
IPO Issued Capital:
25000000
IPO Price:
25 CNY
IPO fees:
59319200 CNY
Money Raised by IPO:
625000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
565680900 CNY
Open(Listing day):
30.00 CNY
Close(Listing day):
28.97 CNY
Diluted P/E ratio after IPO:
49.0900
Turnover rate(listing day):
86.13%

Financials for United Electronics 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)
57.7494
71.4056
51.3629
29.2718
Net Profit Growth(%)
20.69
39.02
75.46
17.29
Return On Equity(ROE)(%)
6.76
8.64
22.52
16.87
Debt ratio(%)
24.43
22.80
39.24
40.75
Net Operating Cash Flow/Net Profit(%)
-334.31
42.31
76.60
69.47

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)
0.2887
0.9521
0.7609
0.4879
Diluted Earnings Per Share
0.0000
0.9400
0.7600
0.4865
Net Asset Value Per Share (NAVPS)
4.2700
8.2700
3.0400
2.9200
Additional Paid-In Capital Per Share
2.5474
6.0949
0.9174
0.6727
Retained Earnings Per Share
0.6273
0.9770
0.9383
1.0519
Net Cash Flow From Operatings Activities Per Share
-0.9700
0.3000
0.5200
0.3400
Net Cash Flow Per Share
-1.4864
6.0044
0.6197
-0.3944

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)
1139.3389
1071.3265
376.6516
295.4581
Total Liabilities(Million)
278.4181
244.352
147.7996
120.4247
Current Liabilities(Million)
278.4181
244.352
147.7996
119.8278
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
394.6355
691.9961
91.2746
51.8978
Accounts Receivables(Million)
285.6759
169.4118
119.8866
78.3991
Deposit Received(Million)
28.6196
19.8215
37.887
34.7875
Other Receivables(Million)
17.6093
6.953
5.9043
6.385
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
854.5073
826.5786
228.068
173.533
Debt ratio(%)
24.43
22.80
39.24
40.75
Equity Ratio(%)
75.0000
77.1500
60.5500
58.7300
Current Ratio
3.7066
4.1435
2.1340
2.1181
Quick Ratio
3.0615
3.6995
1.6677
1.3059

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)
580.0989
716.8194
601.1465
494.7659
Net Cash Flow From Operatings Activities(Million)
-193.0634
30.2104
39.3421
20.3336
Net Cash Flow From Operatings Activities Change(%)
255.24
-23.21
93.48
299.05
Net Cash Flow(Million)
-297.282
600.4383
46.4794
-23.6611
Cash From Selling Commodities/Prime Revenue(%)
98.24
101.08
105.34
116.28
Net Cash Flow/Net Profit(%)
-514.78
840.88
90.49
-80.83
Cash Flow From Investing Activities(Million)
-98.8799
-15.4997
-17.0127
-37.9948
Cash Flow From Financing Activities(Million)
-5.362
586.0126
24.3058
-6

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)
590.4726
709.1764
570.6654
425.5111
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
28.5341
25.9639
19.7873
18.7972
Administrative Costs(Million)
40.9552
39.0696
30.4703
29.3551
Financing Costs(Million)
-3.8324
4.489
0.8046
0.0757
Above Three Costs Change(%)
49.01
36.15
5.88
-0.27
Operating Profit(Million)
67.7953
83.9968
59.8067
34.3231
Income From Investment(Million)
-
-
-0.3556
-
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
0.4336
1.0013
0.5887
0.0502
Total Profit(Million)
68.2289
84.998
60.3954
34.3733
Corporate Income Tax(Million)
10.6979
13.9805
9.3104
5.9925
Net Profit(Million)
57.7494
71.4056
51.3629
29.2718
Gross Profit Ratio(%)
24.16
22.79
20.52
20.52
Operating Margin(%)
11.48
11.84
10.48
8.06
Return On Equity(ROE)(%)
6.76
8.64
22.52
16.87

Announcements for United Electronics Co., Ltd.

Date: 2012-10-22
Title: EGM RESOLUTION
The Company held its 2nd Extraordinary General Meeting of 2012 on 19 October 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Amendments to the rules of procedures for the directors board
3. By-election of Ren Guangming as independent director candidate
Date: 2012-09-27
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 09:30 on 19 October 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Amendments to the rules of procedures for the directors board
3. By-election of Ren Guangming as independent director candidate


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 15 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 17 October 2012 to 17 October 2012
Date: 2012-06-13
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 09:30 on 29 June 2012.

Meeting agenda:
1. By-election of Lin Gang as independent director candidate
2. Amendments to the Company's articles of association
3. Amendments to the rules of procedures for general meetings
4. Amendments to the rules of procedures for the directors board
5. Amendments to the rules of procedures for the supervisory committee

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 25 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: 27 June 2012
Date: 2012-04-19
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 25 April 2012
Ex-date: 26 April 2012
Payment date: 26 April 2012
Listing date of the bonus issues: 26 April 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: CNY0.30000000(10 percent x CNY3.00000000)
Net cash dividend/10 shares after tax: CNY2.70000000(CNY3.00000000- CNY0.30000000)
Date: 2012-04-17
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 16 April 2012, during which the following proposal(s) was/were approved:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2012 credit plan
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.00.
Date: 2012-03-23
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 23 March 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY3.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-03-23
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:30 on 16 April 2012.

Meeting agenda:
1. 2011 annual report and its summary
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. Reappointment of audit firm
7. 2012 credit plan
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY3.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.0000

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 09 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: 11 April 2012
Date: 2012-03-15
Title: PLACING SHARE LISTING
The Company's 5 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 20 March 2012.
Date: 2011-12-19
Title: IPO SHARE LISTING
The Company issued a total of 25 million shares (code:002642) in its initial public offering. Of the shares,20 million shares will be listed on the Shenzhen Stock Exchange on 20 December 2011 while the remainder will become tradable three months later.
Date: 2011-12-07
Title: IPO-ONLINE SUBSCRIPTION
United Electronics Co., Ltd. has been approved by the China Securities Regulatory Commission (the CSRC) to issue 25.000000 million A-shares in its initial public offering.
1. Class: A shares
2. Stock code: 002642
3. Stock abbreviation: United Electronics
4. Issuing volume: 25.000000 million shares
5. Par value: CNY1.00 per share
6. Issuing mechanism: a book building process will be conducted with a combination of online public offering and offline placement.
7. Targeted listing bourse: Shenzhen Stock Exchange
8. Offline placement volume: 5.000000 million shares
9. Online offering volume: 20.000000 million shares
10. Price: CNY25.00 per share
11. Offline subscription period: 08 December 2011
12. Online subscription date: 08 December 2011.