ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Full Version: Sino Grandness
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Did some check, maybe someone can enlighten me? Copy from my blog (Pictures from blogs cannot be pasted):
----------------------------------------------------------------------------------
I think the tax thingy check on Sino Grandness food.

I am not implying anything, just sharing what I gather in an 4 hour search.

I search for top coporate tax payers in shenzhen. The only yield I get is for 2009.

福田区2009纳税百强



http://wenku.baidu.com/link?url=sGeHg8gm...YGChtpMVRq



Why did I choose this?

Refer to AR 2010






Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB

Going back to the top tax payer list.




Rank 95 and 98 are listed companies in Shenzhen exchange.

Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below

http://www.segcl.com.cn/uploads/old/down...89%88).pdf


Counter check this with morning star record of provision for income tax
(http://financials.morningstar.com/income...ture=en-US), shows the same figure 30 mio

I think go to rank 98 Company, another listed company Shenzhen Jieshun Science and Technology Industry Co Ltd, (http://financials.morningstar.com/income...ture=en-US),

Its income tax paid is only 7 mio.

Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司), should appear between rank 95 and 98, isn't it?


Maybe someone can enlighten me?

Another ranking of 2012 top tax payers at Shenzhen

(http://wenku.baidu.com/view/07df3924a5e9856a561260e6)

Also, Although I can't say I do it very carefully, since it is at night, but I did scan through twice from 50 to 1000 plus, I didn't see the subsidiary Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司)

(Not vested and not interested, someone PM me, asking me how I did the tax check thingy, so I decided to try and see if I can get something, and hence the above)
http://special.zhaopin.com/pagepublish/14794583/

Company hiring 50 -60 ppl to fill different positions. These ppl work for free ? since many suggest that company money no enuf.
福田区2009-2010年享受“一卡通”直通车服务企业名单

549 深圳振鹏达实业集团有限公司
(21-11-2014, 12:49 AM)Greenrookie Wrote: [ -> ]Did some check, maybe someone can enlighten me? Copy from my blog (Pictures from blogs cannot be pasted):
----------------------------------------------------------------------------------
I think the tax thingy check on Sino Grandness food.

I am not implying anything, just sharing what I gather in an 4 hour search.

I search for top coporate tax payers in shenzhen. The only yield I get is for 2009.

福田区2009纳税百强



http://wenku.baidu.com/link?url=sGeHg8gm...YGChtpMVRq



Why did I choose this?

Refer to AR 2010






Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB

Going back to the top tax payer list.




Rank 95 and 98 are listed companies in Shenzhen exchange.

Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below

http://www.segcl.com.cn/uploads/old/down...89%88).pdf


Counter check this with morning star record of provision for income tax
(http://financials.morningstar.com/income...ture=en-US), shows the same figure 30 mio

I think go to rank 98 Company, another listed company Shenzhen Jieshun Science and Technology Industry Co Ltd, (http://financials.morningstar.com/income...ture=en-US),

Its income tax paid is only 7 mio.

Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司), should appear between rank 95 and 98, isn't it?


Maybe someone can enlighten me?

Another ranking of 2012 top tax payers at Shenzhen

(http://wenku.baidu.com/view/07df3924a5e9856a561260e6)

Also, Although I can't say I do it very carefully, since it is at night, but I did scan through twice from 50 to 1000 plus, I didn't see the subsidiary Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司)

(Not vested and not interested, someone PM me, asking me how I did the tax check thingy, so I decided to try and see if I can get something, and hence the above)

福田区2009-2010年享受“一卡通”直通车服务企业名单
549 深圳振鹏达实业集团有限公司
(21-11-2014, 09:53 AM)xkclzf Wrote: [ -> ]
(21-11-2014, 12:49 AM)Greenrookie Wrote: [ -> ]Did some check, maybe someone can enlighten me? Copy from my blog (Pictures from blogs cannot be pasted):
----------------------------------------------------------------------------------
I think the tax thingy check on Sino Grandness food.

I am not implying anything, just sharing what I gather in an 4 hour search.

I search for top coporate tax payers in shenzhen. The only yield I get is for 2009.

福田区2009纳税百强



http://wenku.baidu.com/link?url=sGeHg8gm...YGChtpMVRq



Why did I choose this?

Refer to AR 2010






Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB

Going back to the top tax payer list.




Rank 95 and 98 are listed companies in Shenzhen exchange.

Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below

http://www.segcl.com.cn/uploads/old/down...89%88).pdf


Counter check this with morning star record of provision for income tax
(http://financials.morningstar.com/income...ture=en-US), shows the same figure 30 mio

I think go to rank 98 Company, another listed company Shenzhen Jieshun Science and Technology Industry Co Ltd, (http://financials.morningstar.com/income...ture=en-US),

Its income tax paid is only 7 mio.

Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司), should appear between rank 95 and 98, isn't it?


Maybe someone can enlighten me?

Another ranking of 2012 top tax payers at Shenzhen

(http://wenku.baidu.com/view/07df3924a5e9856a561260e6)

Also, Although I can't say I do it very carefully, since it is at night, but I did scan through twice from 50 to 1000 plus, I didn't see the subsidiary Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司)

(Not vested and not interested, someone PM me, asking me how I did the tax check thingy, so I decided to try and see if I can get something, and hence the above)

福田区2009-2010年享受“一卡通”直通车服务企业名单
549 深圳振鹏达实业集团有限公司

Hi,

I am just sharing my thoughts,

I think the tax authorities ranking is the most important.

I found the company in the top 70 promising company in SHenzhen too, even more glowing. But is based on its revenue growth...

I am not trying to talk down the stock, I have no interest, vested or otherwise.

I honestly mean this is a very primitive way of checking, there could be very valid deeper reasons, also someone told me after I posted this that the fall from

30mio at rank 95 to 7 million to rank 98 is a bit puzzling.

I agreed.
(21-11-2014, 11:59 AM)Greenrookie Wrote: [ -> ]
(21-11-2014, 09:53 AM)xkclzf Wrote: [ -> ]
(21-11-2014, 12:49 AM)Greenrookie Wrote: [ -> ]Did some check, maybe someone can enlighten me? Copy from my blog (Pictures from blogs cannot be pasted):
----------------------------------------------------------------------------------
I think the tax thingy check on Sino Grandness food.

I am not implying anything, just sharing what I gather in an 4 hour search.

I search for top coporate tax payers in shenzhen. The only yield I get is for 2009.

福田区2009纳税百强



http://wenku.baidu.com/link?url=sGeHg8gm...YGChtpMVRq



Why did I choose this?

Refer to AR 2010






Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB

Going back to the top tax payer list.




Rank 95 and 98 are listed companies in Shenzhen exchange.

Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below

http://www.segcl.com.cn/uploads/old/down...89%88).pdf


Counter check this with morning star record of provision for income tax
(http://financials.morningstar.com/income...ture=en-US), shows the same figure 30 mio

I think go to rank 98 Company, another listed company Shenzhen Jieshun Science and Technology Industry Co Ltd, (http://financials.morningstar.com/income...ture=en-US),

Its income tax paid is only 7 mio.

Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司), should appear between rank 95 and 98, isn't it?


Maybe someone can enlighten me?

Another ranking of 2012 top tax payers at Shenzhen

(http://wenku.baidu.com/view/07df3924a5e9856a561260e6)

Also, Although I can't say I do it very carefully, since it is at night, but I did scan through twice from 50 to 1000 plus, I didn't see the subsidiary Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司)

(Not vested and not interested, someone PM me, asking me how I did the tax check thingy, so I decided to try and see if I can get something, and hence the above)

福田区2009-2010年享受“一卡通”直通车服务企业名单
549 深圳振鹏达实业集团有限公司

Hi,

I am just sharing my thoughts,

I think the tax authorities ranking is the most important.

I found the company in the top 70 promising company in SHenzhen too, even more glowing. But is based on its revenue growth...

I am not trying to talk down the stock, I have no interest, vested or otherwise.

I honestly mean this is a very primitive way of checking, there could be very valid deeper reasons, also someone told me after I posted this that the fall from

30mio at rank 95 to 7 million to rank 98 is a bit puzzling.

I agreed.

thanks greenrookie. i crosschecked the 福田区 government website. the local authorities' website mentioned sino grandness 振鹏达 subsidiary six times, but none in the tax terms. it mentioned sino grandness in other aspects, such as receiving 300k subsidiaries for some stuff, for registering trademark, etc.

http://www.szft.gov.cn/was40/search

key in 振鹏达, and you will see six entries. sadly nothing in the tax aspects. anyone knows why the local government don't post this annually? seem like the latest year is 2009.
(21-11-2014, 01:25 PM)kikababoo Wrote: [ -> ]
(21-11-2014, 11:59 AM)Greenrookie Wrote: [ -> ]
(21-11-2014, 09:53 AM)xkclzf Wrote: [ -> ]
(21-11-2014, 12:49 AM)Greenrookie Wrote: [ -> ]Did some check, maybe someone can enlighten me? Copy from my blog (Pictures from blogs cannot be pasted):
----------------------------------------------------------------------------------
I think the tax thingy check on Sino Grandness food.

I am not implying anything, just sharing what I gather in an 4 hour search.

I search for top coporate tax payers in shenzhen. The only yield I get is for 2009.

福田区2009纳税百强



http://wenku.baidu.com/link?url=sGeHg8gm...YGChtpMVRq



Why did I choose this?

Refer to AR 2010






Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB

Going back to the top tax payer list.




Rank 95 and 98 are listed companies in Shenzhen exchange.

Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below

http://www.segcl.com.cn/uploads/old/down...89%88).pdf


Counter check this with morning star record of provision for income tax
(http://financials.morningstar.com/income...ture=en-US), shows the same figure 30 mio

I think go to rank 98 Company, another listed company Shenzhen Jieshun Science and Technology Industry Co Ltd, (http://financials.morningstar.com/income...ture=en-US),

Its income tax paid is only 7 mio.

Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司), should appear between rank 95 and 98, isn't it?


Maybe someone can enlighten me?

Another ranking of 2012 top tax payers at Shenzhen

(http://wenku.baidu.com/view/07df3924a5e9856a561260e6)

Also, Although I can't say I do it very carefully, since it is at night, but I did scan through twice from 50 to 1000 plus, I didn't see the subsidiary Sino Subisdary Shenzhen Grandness Industry= (深圳振鹏达实业集团有限公司)

(Not vested and not interested, someone PM me, asking me how I did the tax check thingy, so I decided to try and see if I can get something, and hence the above)

福田区2009-2010年享受“一卡通”直通车服务企业名单
549 深圳振鹏达实业集团有限公司

Hi,

I am just sharing my thoughts,

I think the tax authorities ranking is the most important.

I found the company in the top 70 promising company in SHenzhen too, even more glowing. But is based on its revenue growth...

I am not trying to talk down the stock, I have no interest, vested or otherwise.

I honestly mean this is a very primitive way of checking, there could be very valid deeper reasons, also someone told me after I posted this that the fall from

30mio at rank 95 to 7 million to rank 98 is a bit puzzling.

I agreed.

thanks greenrookie. i crosschecked the 福田区 government website. the local authorities' website mentioned sino grandness 振鹏达 subsidiary six times, but none in the tax terms. it mentioned sino grandness in other aspects, such as receiving 300k subsidiaries for some stuff, for registering trademark, etc.

http://www.szft.gov.cn/was40/search

key in 振鹏达, and you will see six entries. sadly nothing in the tax aspects. anyone knows why the local government don't post this annually? seem like the latest year is 2009.

Maybe you should try searching under the Garden Fresh name instead of the parent company name.
(22-11-2014, 01:12 PM)leeeta Wrote: [ -> ]http://nextinsight.net/index.php/story-a...ubei-plant

Nice job Parry Ng.. I wish he would take a step further to show a time lapse video over multiple weeks! Coupled with recent newspaper to show validity. And probably a satelite photo, as wellTongue Since we are at that, why not do a time lapse video of all the plants as well?