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sinopoly battery ltd (GOI2) Snapshot

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11/9/12 - €0.05
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sinopoly battery ltd (GOI2) Details

Sinopoly Battery Limited, an investment holding company, engages in the research, development, production, distribution, and sale of lithium-ion batteries and related products. Its products are used in electric vehicles, such as electric cars, electric mini buses, electric buses, and electric tour buses; and smart electric grids, solar and wind power plants, mobile storage stations, and UPS, as well as used in energy saving applications. The company also invests in cash markets. It has operations primarily in the People's Republic of China, the United States, European countries, Australia, and Hong Kong. The company was formerly known as Thunder Sky Battery Limited and changed its name to Sinopoly Battery Limited in April 2011. Sinopoly Battery Limited is headquartered in Wanchai, Hong Kong.

1,054 Employees
Last Reported Date: 12/19/12

sinopoly battery ltd (GOI2) Top Compensated Officers

Deputy Chairman of The Board, Chief Executive...
Total Annual Compensation: $1.4M
Chief Operating Officer, Executive Director, ...
Total Annual Compensation: $1.1M
Executive Director, Member of Executive Commi...
Total Annual Compensation: --
Vice President, Executive Director, Member of...
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2012.

sinopoly battery ltd (GOI2) Key Developments

Sinopoly Battery Limited Reports Unaudited Consolidated Net Cash Used in Operating Activities for the Six Months Ended September 30, 2012

Sinopoly Battery Limited reported unaudited consolidated net cash used in operating activities for the six months ended September 30, 2012. Net cash used in operating activities was HKD 85,826,000 against HKD 78,197,000 last year. The company purchased approximately HKD 106,980,000 against HKD 119,766,000 last year, of fixed assets including amount of approximately HKD 92,157,000 against HKD 19,404,000 last year, being transferred from deposits paid for fixed assets.

Sinopoly Battery Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2012

Sinopoly Battery Limited reported unaudited consolidated earnings results for the six months ended September 30, 2012. For the six months, the company reported revenue of HKD 27,657,000 against HKD 5,715,000 for the same period a year ago. The substantial growth in turnover was mainly achieved by the increase in sales orders in the battery products business. Loss before tax was HKD 126,321,000 against HKD 135,306,000 for the same period a year ago. Loss for the period from continuing operations was HKD 113,017,000 or 1.03 cents per basic and diluted share against HKD 117,795,000 or 1.12 cents per basic and diluted share for the same period a year ago. Loss attributable to owners of the company was HKD 113,017,000 or 1.03 cents per basic and diluted share against HKD 117,631,000 or 1.12 cents per basic and diluted share for the same period a year ago.

Sinopoly Battery Limited to Report First Half, 2013 Results on Nov 23, 2012

Sinopoly Battery Limited announced that they will report first half, 2013 results on Nov 23, 2012

 

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Valuation GOI2 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 40.5x
Price/Book 7.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 44.6x
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