futong technology develop
(465:Hong Kong)
futong technology develop (465) Snapshot
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Open
$1.20
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Previous Close
$1.20
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Day High
$1.20
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Day Low
$1.20
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52 Week High
07/10/12 - $1.38
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52 Week Low
07/30/12 - $1.15
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Market Cap
373.5M
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Average Volume 10 Days
149.4K
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EPS TTM
$0.14
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Shares Outstanding
311.3M
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EX-Date
05/20/13
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P/E TM
6.8x
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Dividend
$0.05
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Dividend Yield
4.17%
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Related News
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Futong Technology Development Holdings Limited, an investment holding company, engages in the distribution of enterprise information technology (IT) products and solutions in the People’s Republic of China. It distributes various enterprise hardware and software products, including enterprise servers; system storage products; and software in association with servers and system storage products. The company also provides IT technical support services in association with the distribution of enterprise IT products. Futong Technology Development Holdings Limited was founded in 1996 and is headquartered in Beijing, the People’s Republic of China.
futong technology develop (465) Top Compensated Officers
futong technology develop (465) Key Developments
The Board of Futong Technology Development Holdings Limited recommended the payment of a final dividend of 5.0 cents per share for the year ended December 31, 2012 to shareholders whose names appear on the register of member of the company on May 24, 2013. The proposed final dividend will be paid on or about June 10, 2013, following approval by the shareholders in the 2013 annual general meeting. The company reported audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of RMB 3,571,089,000 compared to RMB 2,450,960,000 a year ago. The increase in revenue was mainly due to the general increases in most of the sales of existing products and provision of services, and the new source of revenue from sales of Apple's products. Profit from operations was RMB 97,494,000 compared to RMB 115,394,000 a year ago. Profit before tax was RMB 53,946,000 compared to RMB 84,255,000 a year ago. Profit for the year and total comprehensive income for the year attributable to owners of the company was RMB 42,859,000 or RMB 0.14 basic and diluted per share compared to RMB 70,520,000 or RMB 0.23 basic and diluted per share a year ago. This decrease was due to the combined effects of the decrease in other income and gains, increases in operation costs and finance costs.
Futong Technology Development Holdings Limited, Annual General Meeting, May 15, 2013., at 10:00 China Standard Time. Location: 43rd Floor, Gloucester Tower. Agenda: To receive, consider and approve the company's audited financial statements and the reports of directors and auditors for the year ended 31 December 2012; to approve the recommended final dividend of HK5.0 cents per share for the year ended 31 December 2012; to consider re-election of directors and authorize the board of directors of the company to fix their remuneration; to re-appoint Messrs. Deloitte Touche Tohmatsu as the company's auditors and authorize the board to fix their remuneration; and to transact any other business, if any.
Futong Technology Development Holdings Limited announced that they will report fiscal year 2012 results on Mar 26, 2013
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Industry Analysis
465
Industry Average
| Valuation | 465 | Industry Range |
| Price/Earnings | 7.0x |
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| Price/Sales | 0.1x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 7.0x |
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| TEV/Sales | NM | Not Meaningful |
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To contact FUTONG TECHNOLOGY DEVELOP, please visit www.futong.com.hk. Company data is provided by Capital IQ. Please use this form to report any data issues.
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