Brief Introduction

ArcSoft(Stock Code:688088)is a leading algorithm and software solution provider in the computer vision industry, serving customers around the world, commercializing leading computer vision technologies for enabling advances camera applications among smart phones, smart cars, smart homes, smart retail, Internet Video and other fields, and continue to explore new areas.

Believing camera and imageeverywhere, since its founding, ArcSoft stays focused on the technology and software applications related to imaging and computer vision on main stream devices and platforms, such as smartphones, DSC, VR cameras, drone cameras, IP cameras, smart TVs, robots, smart refrigerators, smart vacuum cleaners, automobile, PCs, tablets, servers, and internet applications.

Normally deeply embedded in customers' devices, ArcSoft's software imaging solutions in the past two decades have been shipped with billions of hardware products, helping to improve the capture process, picture/video quality and users experience of mobile photography, enable specific visual features.

During its over20-year history, ArcSoft has successfully built up a core R&D team with hundreds of scientists and engineers specialized in all aspects related to the technologies of imaging and computer vision. The talents and technologies enable our customers to offer the market with innovative features on their existing hardware platform for value differentiations and early time-to-the-market.

Moving forward, ArcSoft will heavily invest in the visual algorithms related to the multi-cameras on mobile phone, mobile 3D modeling, visual deep learning, augmented reality (AR), virtual reality (VR). These efforts will result in more innovative software applications, continuously helping our clients to offer the market a more competitive and higher value product to the end users in the future.

Company Overview

Full name ArcSoft Corporation Limited
Abbreviations ArcSoft
Code 688088
Founded 2/25/2003
Listing 7/22/2019
Domicile Hangzhou, ZhejiangProvince
Website www.arcsoft.com.cn
Email invest@arcsoft.com
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT services
Has weighted voting rights structure? /

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.44 / /
R&D expenditure as a % of operating revenue 32.42% 31.43% 34.59%
Operating Revenue 458.07 345.92 261.00
Net Income 157.55 74.36 72.79

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 458.07 345.92 261.00
Operating Costs 26.17 21.94 20.10
Operating Income 206.95 85.97 67.26
Pretax Income 189.27 87.66 75.33
Income Tax 31.72 13.30 2.54
Net Income 157.55 74.36 72.79

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 1,162.70 469.29 239.06
Non-current Assets-Total 55.15 32.55 21.49
Total Assets 1,217.85 501.84 260.55
Liabilities
Current Liabilities-Total 171.78 211.42 98.35
Non-current Liabilities-Total 17.77 0.00 4.89
Total Liabilities 189.55 211.42 103.23
Stockholder's Equity
Share Capital 1,022.26 411.47 357.94
Retained Profits 6.04 -121.05 -214.70
Minority Interests 0.00 0.00 14.08
Total Owners' Equity 1,028.30 290.42 157.31

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 248.17 82.97 -15.39
Net Cash Flows-Investing -9.09 5.08 67.69
Net Cash Flows-Financing 479.17 94.42 33.16

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
HomeRun Capital Management Limited 118.70 32.97%
Huatai Emerging Industries Investment Fund L.P. 65.33 18.15%
TOP NEW DEVELOPMENT LIMITED 19.62 5.45%
HKR Global Limited 19.60 5.44%
杭州虹力投资管理合伙企业(有限合伙) 18.96 5.27%
Arcergate Company Limited 14.83 4.12%
Ningbo Meishan Bonded Port Panyue Investment L.P. 14.70 4.08%
杭州虹礼投资管理合伙企业(有限合伙) 10.26 2.85%
Jiaxing Junfan Investment Management L.P. 9.34 2.60%
Huatai TMT Fund L.P. 6.53 1.81%
30 Jun 2019

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