Zhejiang Aishida Electric Co., Ltd.



Quote for Zhejiang Aishida Electric Co., Ltd.

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Symbol/Code:
002403
Status:
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Stock Type:
A Share
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Currency in CNY Time=UTC+8002403 quote

Summary for Zhejiang Aishida Electric Co., Ltd.

ZHEJIANG AISHIDA ELECTRIC CO., LTD. is principally engaged in the research, manufacture and distribution of kitchenware. The Company provides woks, non-stick woks, smoke-free woks, adjustable pressure cookers, casting iron woks, frying pans, pressure cookers, milk pots, soup pots and related spare parts, as well as kitchen electrical appliances, such as electric pressure cookers, electric rice cookers and electromagnetic cookers, among others. It provides its products under the brand named ASD. The Company distributes its products in domestic and overseas markets.

Profile for Zhejiang Aishida Electric Co., Ltd.

Full Name:Zhejiang Aishida Electric Co., Ltd.
Full Name in Chinese:浙江爱仕达电器股份有限公司 Short Name in Chinese:爱 仕 达
Symbol/Stock Code:
002403
Listed in:
Shenzhen Stock Exchange
Issued Capital
-
Negotiable Capital:
-
Chairman:
Chen Helin
Secretary of the Board:
Xiao Linhua
Phone:
+86-576-86199005
Fax:
+86-576-86199000
Official Website:www.chinaasd.com
E-mail:002403@asd.com.cn
Address:No.2 Technology Road,Development Zone, Wenling City,Taizhou ZHJ 317500
IPO Subscription Date:
2010-04-28
Listing Date:
2010-05-11
IPO Issued Capital:
60000000
IPO Price:
18.8 CNY
IPO fees:
45382000 CNY
Money Raised by IPO:
1128000000 CNY
IPO Par Value:
1.00 CNY
Net Money Raised:
1082618000 CNY
Open(Listing day):
19.80 CNY
Close(Listing day):
18.81 CNY
Diluted P/E ratio after IPO:
56.9700
Turnover rate(listing day):
56.31%

Financials for Zhejiang Aishida Electric Co., Ltd.

UPDATE:2012-10-29 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)
17.9537
60.155
62.2369
83.8307
Net Profit Growth(%)
-44.02
-3.34
-25.75
11.39
Return On Equity(ROE)(%)
1.14
3.87
4.04
21.65
Debt ratio(%)
25.16
24.21
24.60
70.58
Net Operating Cash Flow/Net Profit(%)
658.41
-163.53
-255.74
23.99

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)
0.0700
0.2500
0.2900
0.4700
Diluted Earnings Per Share
0.0000
-0.0200
0.2900
0.4400
Net Asset Value Per Share (NAVPS)
6.5500
6.4700
6.4200
2.1500
Additional Paid-In Capital Per Share
4.3862
4.3862
4.3862
0.1174
Retained Earnings Per Share
1.0837
1.0089
0.9676
0.9659
Net Cash Flow From Operatings Activities Per Share
0.4900
-0.4100
-0.6600
0.1100
Net Cash Flow Per Share
0.0456
-0.1630
1.5180
-0.1385

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)
2149.4999
2095.7187
2075.6141
1381.6445
Total Liabilities(Million)
540.8632
507.4276
510.6516
975.247
Current Liabilities(Million)
531.5522
496.5624
500.021
971.5951
Long Term Liabilities(Million)
-
-
-
-
Cash And Cash Equivalents(Million)
422.4519
407.8731
479.3556
136.067
Accounts Receivables(Million)
438.7531
447.4471
413.1502
375.1905
Deposit Received(Million)
65.088
25.676
29.2459
28.6157
Other Receivables(Million)
19.2629
7.0685
16.5715
12.6457
Bad Debt Reserve(Million)
-
-
-
-
Shareholder's Equity/Owner's Equity(Million)
1571.0959
1553.1422
1540.9872
387.1838
Debt ratio(%)
25.16
24.21
24.60
70.58
Equity Ratio(%)
73.0900
74.1100
74.2400
28.0200
Current Ratio
2.9235
3.1436
3.3051
1.0245
Quick Ratio
1.8776
1.9918
2.1733
0.5817

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)
1546.736
2344.9954
2150.9531
1601.8585
Net Cash Flow From Operatings Activities(Million)
118.2097
-98.3744
-159.1622
20.1143
Net Cash Flow From Operatings Activities Change(%)
-182.29
-38.19
-891.29
-91.53
Net Cash Flow(Million)
10.9429
-39.1221
364.3256
-24.9326
Cash From Selling Commodities/Prime Revenue(%)
111.76
106.46
104.90
100.75
Net Cash Flow/Net Profit(%)
60.95
-65.04
585.39
-29.74
Cash Flow From Investing Activities(Million)
-125.7731
-60.4002
-86.6717
-77.2951
Cash Flow From Financing Activities(Million)
17.8058
121.5883
611.112
32.2483

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)
1383.9853
2202.6992
2050.4015
1589.9667
Prime Operating Profit(Million)
-
-
-
-
Operating Costs(Million)
277.7677
395.6415
367.8171
264.0182
Administrative Costs(Million)
146.0869
210.7553
111.2328
87.3282
Financing Costs(Million)
6.3652
15.4876
17.5781
27.5202
Above Three Costs Change(%)
11.86
25.22
31.08
8.54
Operating Profit(Million)
16.2418
26.894
72.6023
102.6365
Income From Investment(Million)
2.7507
28.4849
-1.0142
0.6589
Government Subsidies(Million)
-
-
-
-
Net Non-Operating Income And Expense(Million)
1.4202
56.1096
2.1225
-0.8189
Total Profit(Million)
17.662
83.0036
74.7248
101.8176
Corporate Income Tax(Million)
-2.6836
11.675
7.7263
13.434
Net Profit(Million)
17.9537
60.155
62.2369
83.8307
Gross Profit Ratio(%)
33.54
28.91
28.70
30.86
Operating Margin(%)
1.17
1.22
3.54
6.45
Return On Equity(ROE)(%)
1.14
3.87
4.04
21.65

Announcements for Zhejiang Aishida Electric Co., Ltd.

Date: 2012-09-14
Title: EGM RESOLUTION
The Company held its 3rd Extraordinary General Meeting of 2012 on 13 September 2012, during which the following proposal(s) was/were approved:
1. Amendments to the Company's articles of association
2. Shareholder return plan for the next three years from 2012 to 2014
Date: 2012-08-22
Title: EGM-SPOT
The Company will hold the 3rd Extraordinary General Meeting of 2012 at 09:00 on 13 September 2012.

Meeting agenda:
1. Amendments to the Company's articles of association
2. Shareholder return plan 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 10 September 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 11 September 2012 to 11 September 2012
Date: 2012-07-24
Title: EGM REMINDER
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 27 July 2012.

Meeting agenda:
1 Temporary replenishment to working capital with partial idle raised funds


Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 24 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: 25 July 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 July 2012
Voting code:362403
Voting abbreviation:Aishida voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 July 2012 to 27 July 2012.
Date: 2012-07-12
Title: EGM-ONLINE
The Company will hold the 2nd Extraordinary General Meeting of 2012 at 14:00 on 27 July 2012.

Meeting agenda:
1. Temporary replenishment to working capital with partial idle raised funds

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 24 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: 25 July 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 July 2012
Voting code:362403
Voting abbreviation:Aishida 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 July 2012 to 27 July 2012.
Date: 2012-05-18
Title: AGM RESOLUTION
The Company held its Annual General Meeting of 2011 on 17 May 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 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. 2012 comprehensive credit plan of the Company and subsidiaries
7. Appointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
2) Bonus issue from profit (share/10 shares): none
3) Bonus issue from capital reserve (share/10 shares): none.
Date: 2012-04-24
Title: FINAL DIVIDEND
The Company issued its 2011 annual report on 24 April 2012.

The profit distribution proposal for 2011:
1. Cash dividend/10 shares (tax included): CNY0.00000000
2. Bonus issue from profit (share/10 shares):none
3. Bonus issue from capital reserve (share/10 shares):none.
Date: 2012-04-24
Title: AGM-SPOT
The Company will hold the 2011 Annual General Meeting at 09:00 on 17 May 2012.

Meeting agenda:
1. 2011 work report of the board of directors
2. 2011 work report of the supervisory committee
3. 2011 annual report and its summary
4. 2011 financial resolution report
5. 2011 profit distribution plan
6. 2012 comprehensive credit plan of the Company and subsidiaries
7. Appointment of audit firm
The detailed profit distribution plan are as follows:
1) Cash dividend/10 shares (tax included): CNY0.00000000
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 14 May 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: 15 May 2012
Date: 2012-01-30
Title: EGM RESOLUTION
The Company held its 1st Extraordinary General Meeting of 2012 on 20 January 2012, during which the following proposal(s) was/were approved:
1. Use of partial idle raised funds to temporarily replenish working capital.
Date: 2012-01-17
Title: EGM REMINDER
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 20 January 2012.

Meeting agenda:
1. Use of partial idle raised funds to temporarily replenish working capital

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 17 January 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 January 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: 20 January 2012
Voting code:362403
Voting abbreviation:Aishida voting
Voting process:
1. To input the "buy" instruction to begin voting
2. To input the serial number of the Annual General 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 19 January 2012 to 20 January 2012.
Date: 2012-01-05
Title: EGM-ONLINE
The Company will hold the 1st Extraordinary General Meeting of 2012 at 14:00 on 20 January 2012.

Meeting agenda:
1. Use of partial idle raised funds to temporarily replenish working capital

Meeting attendees:
1.A-share holders registered at CSDCC Shenzhen after the close of trading on 17 January 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 January 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: 20 January 2012
Voting code:362403
Voting abbreviation:Aishida 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 19 January 2012 to 20 January 2012.