On 15 Feb 2012, Creative announced the launch of Creative HanZpad platform. The new platform comprises ZiiLABS' latest 100-core ZMS-40 StemCell Media Processor, a series of HanZpad tablet reference designs based on the ZMS-40 and optimized for Android 4.x (Ice Cream Sandwich), and a powerful Chinese operating system (OS).
With their Chinese characteristics, the HanZpad platform solutions target China's vast tablet computer markets, especially the education market at an opportune time when its government aims to transform the conventional education system to one that embraces the latest in digital technologies- an aspiration that will lead to the age of the Digital Textbooks, Digital Classrooms and the Digital School Bags. More.....
The company has zero debt.
Sim Wong Hoo, chairman and CEO has 33.34% of shares.
Financial year is from 1 Jul to 30 Jun
4Q and FY 2012 results announced on 8 Aug 2012
Shares outstanding: 69,643,715
NAV at end Jun 2012: US$2.12 a share vs US$3.47 at end Jun 2011
Loss for 4Q2012 is US$18.892 million or US$0.27 a share.
Loss for 12 months FY2012 is US$83.896 million or US$1.20 a share.
Cash and cash equivalent as at end Jun 2012 is US$131 million.
Company website: http://sg.creative.com/corporate/about/
Div of S$0.05, date to be announced
Current share price is S$3.21 at 10 Aug 2012
Creative expects a loss in the current quarter, 1Q FY2013
1Q 2013 results announced on 30 Oct 2012
Loss for 1Q 2013 is US$4.387 million or US$0.06 cents a share.
NAV at end Sep 2012 is US$2.02 down from US$2.12 at end Jun 2012 , a share
Cash equivalent at 30 Sep 2012 is US$129.544 million down from US$131 million in last Q.
Company expect a loss in the next quarter.
2Q 2013 results announced on 29 Jan 2013
Profit for 2Q2013 is US$38.122 million or US$0.54 cents
NAV at 31 Dec 2012 is US$2.58
Cash equivalent at 31 Dec 2013 is US$165.808 millions
Company expect a loss in next quarter.