Xiamen Comfort Science&Technology Group Co.,Ltd.



Quote for Xiamen Comfort Science&Technology Group Co.,Ltd.

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Symbol/Code:
002614
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002614 quote

Summary for Xiamen Comfort Science&Technology Group Co.,Ltd.

XIAMEN COMFORT SCIENCE&TECHNOLOGY GROUP CO., LTD. is principally engaged in the research, development, design, manufacture and sale of massage appliance products. The Company primarily provides small-scale massage electric appliances, including plastic equipment, electronic appliances, cushions and others; home-use massage appliances, including fully functional massage chairs and household massage chairs, among others. The Company distributes its products in domestic and overseas markets.

Profile for Xiamen Comfort Science&Technology Group Co.,Ltd.

Full Name:Xiamen Comfort Science&Technology Group Co.,Ltd.
Full Name in Chinese:厦门蒙发利科技(集团)股份有限公司 Short Name in Chinese:蒙发利
Symbol/Stock Code:
002614
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Zou Jianhan
Secretary of the Board:
Zhang Bin
Phone:
+86-592-5569658
Fax:
+86-592-5532788
Official Website:www.easepal.com.cn
E-mail:stock@easepal.com.cn
Address:168 Qianpu Road,,168 Qianpu Road, Siming Distri,XIAMEN FUJ 361009
IPO Subscription Date:
2011-08-31
Listing Date:
2011-09-09
IPO Issued Capital:
30000000
IPO Price:
52 CNY
IPO fees:
85008000 CNY
Money Raised by IPO:
1560000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1474992000 CNY
Open(Listing day):
48.50 CNY
Close(Listing day):
45.80 CNY
Diluted P/E ratio after IPO:
45.6100
Turnover rate(listing day):
45.18%

Financials for Xiamen Comfort Science&Technology Group 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)
28.8884
138.4409
153.0767
93.9701
Net Profit Growth(%)
-73.97
-9.56
62.89
104.17
Return On Equity(ROE)(%)
1.45
6.88
38.51
31.25
Debt ratio(%)
25.92
23.60
62.33
65.62
Net Operating Cash Flow/Net Profit(%)
-302.92
-50.39
95.41
157.28

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)
0.1200
1.4200
1.7000
1.0400
Diluted Earnings Per Share
0.0000
1.3300
1.5200
0.9200
Net Asset Value Per Share (NAVPS)
8.3000
16.7600
4.4200
3.3400
Additional Paid-In Capital Per Share
5.5804
12.1609
0.1546
0.1546
Retained Earnings Per Share
1.6389
3.4372
3.0732
2.1129
Net Cash Flow From Operatings Activities Per Share
-0.3600
-0.5800
1.6200
1.6400
Net Cash Flow Per Share
-1.5476
2.9132
-0.3612
1.3275

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)
2694.569
2632.7843
1055.4353
874.7903
Total Liabilities(Million)
698.6106
621.5822
657.9393
574.0807
Current Liabilities(Million)
698.6106
619.9788
626.9884
489.0807
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
1377.7309
1563.3028
261.1921
294.3186
Accounts Receivables(Million)
418.68
274.4765
199.5879
130.934
Deposit Received(Million)
20.2833
17.0656
14.5446
11.6916
Other Receivables(Million)
40.5355
73.2104
71.5498
39.2822
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1992.0866
2011.2021
397.496
300.7096
Debt ratio(%)
25.92
23.60
62.33
65.62
Equity Ratio(%)
73.9200
76.3900
37.6600
34.3700
Current Ratio
3.2582
3.7207
1.2691
1.3758
Quick Ratio
2.7618
3.1926
0.9435
1.0640

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)
1250.997
1852.9639
1772.3458
1270.7564
Net Cash Flow From Operatings Activities(Million)
-87.5078
-69.767
146.0546
147.8008
Net Cash Flow From Operatings Activities Change(%)
-50.78
-147.77
-1.18
87.85
Net Cash Flow(Million)
-371.4172
349.5798
-32.5095
119.4751
Cash From Selling Commodities/Prime Revenue(%)
95.78
98.20
96.86
97.55
Net Cash Flow/Net Profit(%)
-1285.70
252.51
-21.24
127.14
Cash Flow From Investing Activities(Million)
-301.5046
-1036.5975
-77.918
-20.5999
Cash Flow From Financing Activities(Million)
16.3625
1460.3041
-99.6283
-2.0849

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)
1306.0696
1886.8396
1829.8522
1302.6918
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
69.6279
69.8568
70.5401
58.2288
Administrative Costs(Million)
136.8464
153.698
122.776
83.7572
Financing Costs(Million)
-31.971
-23.972
5.8788
12.6239
Above Three Costs Change(%)
15.43
0.19
28.84
41.26
Operating Profit(Million)
28.1061
152.5933
169.1126
104.8867
Income From Investment(Million)
0.2491
-
1.451
0.0724
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
4.4754
6.6254
5.0425
3.372
Total Profit(Million)
32.5815
159.2187
174.1551
108.2587
Corporate Income Tax(Million)
3.8214
20.7778
21.0784
14.2886
Net Profit(Million)
28.8884
138.4409
153.0767
93.9701
Gross Profit Ratio(%)
16.90
19.03
19.63
19.84
Operating Margin(%)
2.15
8.08
9.24
8.05
Return On Equity(ROE)(%)
1.45
6.88
38.51
31.25

Announcements for Xiamen Comfort Science&Technology Group Co.,Ltd.

Date: 2012-10-23
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 10:00 on 08 November 2012.

Meeting agenda:
1. Suspension of investing and implementing a new production base project in the original construction location with raised fund


Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 05 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 06 November 2012 to 07 November 2012
Date: 2012-09-05
Title: RESTRICTED SHARE LISTING
Among the Company's 33732000 restricted shares to be unlocked on 10 September 2012, 16570500 of them will be tradable on the Shenzhen Stock Exchange on that day.
Date: 2012-07-19
Title: EGM-SPOT
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 10:00 on 03 August 2012.

Meeting agenda:
1. Amendments to the Company's articles of association and handling of industrial and commercial registration change
2. 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 30 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: 02 August 2012
Date: 2012-04-24
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 22 April 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association and handle the changes of industrial and commercial registration.
Date: 2012-04-06
Title: EGM-SPOT
The Company will hold the 1st Extraordinary General Meeting of 2012 at 10:00 on 22 April 2012.

Meeting agenda:
1. Amendments to the Company's articles of association and handle the changes of industrial and commercial registration

Meeting attendees:
1. A-share holders registered at CSDCC Shenzhen after the close of trading on 18 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: 20 April 2012
Date: 2012-03-22
Title: DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE)
2011 final distribution plan to be implemented (A shares):

1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares): none
3. Bonus issue from capital reserve (share/10 shares): 10.0000


Record date: 28 March 2012
Ex-date: 29 March 2012
Payment date: 29 March 2012
Listing date of the bonus issues: 29 March 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: CNY0.40000000(10 percent x CNY4.00000000)
Net cash dividend/10 shares after tax: CNY3.60000000(CNY4.00000000- CNY0.40000000)
Date: 2012-03-21
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 20 March 2012, during which the following proposal(s) was/were approved:
1. 2011 financial resolution report
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 annual report and its summary
5. 2011 profit distribution preplan
6. 2012 financial budget plan
7. Re-appointment of 2012 audit firm
8. Change of independent directors
9. Formulation of implementation measures for online voting at shareholders' meeting
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY4.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): 10.00.
Date: 2012-02-29
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 29 February 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY4.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):10.0000.
Date: 2012-02-29
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 10:00 on 20 March 2012.

Meeting agenda:
1. 2011 financial resolution report
2. 2011 work report of the board of directors
3. 2011 work report of the supervisory committee
4. 2011 annual report and its summary
5. 2011 profit distribution preplan
6. 2012 financial budget plan
7. Re-appointment of 2012 audit firm
8. Change of independent directors
9. Formulation of implementation measures for online voting at shareholders' meeting
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY4.00000000
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 16 March 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: 18 March 2012
Date: 2011-12-06
Title: PLACING SHARE LISTING
The Company's 6 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 09 December 2011.