Brief Introduction

Traffic Control Technology Co., Ltd (TCT) was founded in December 2009. TCT is the first Chinese high-tech company with self-owned CBTC core technology. TCT's signalling solutions include typical CBTC system,interoperability of various signalling formats and fully-automatic operating system with GoA 4 level.

In 2009, TCT supplied the core equipment of CBTC signalling system for Beijing Yizhuang Line, the first demonstration line for Chinese signalling technology.

In 2017, TCT organized relevant parties to an definition of the Chongqing interoperable signalling system technology and related standards, endeavor to realize interoperability of signalling system in China.

In 2017,the first fully automatic operation line with Chinese siganlling technology - Beijing subway YANFANG Line is completed by TCT.

TCT has provided signalling system for 44 lines of 20 cities all over the world. TCT is a leading CBTC signalling solutions provider in China. TCT commits to provide a diverse signalling system solution for better rail transportation.

Company Overview

Full name Traffic Control Technology Co., Ltd
Abbreviations TCT
Code 688015
Founded 4-Dec-2009
Listing 22-July-2019
Domicile Beijing,China
Website www.bj-tct.com
Email ir@bj-tct.com
STAR Theme High-end Equipment
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.55 0.37 0.45
R&D expenditure as a % of operating revenue 6.66% 9.27% 8.82%
Operating Revenue 1,163 880 887
Net Income 66 46 55

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 1,163 880 887
Operating Costs 849 603 621
Operating Income 75 52 41
Pretax Income 73 51 60
Income Tax 7 5 6
Net Income 66 46 55

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 1,902 1,312 1,195
Non-current Assets-Total 198 179 140
Total Assets 2,100 1,491 1,335
Liabilities
Current Liabilities-Total 1,565 1,019 966
Non-current Liabilities-Total 130 127 59
Total Liabilities 1,695 1,146 1,025
Stockholder's Equity
Share Capital 229 229 229
Retained Profits 170 116 81
Minority Interests 6 0 0
Total Owners' Equity 405 345 310

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 113 21 72
Net Cash Flows-Investing -40 -50 52
Net Cash Flows-Financing 63 -23 -9

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Beijing Infrastructure Investment Co., Ltd 26.66 16.66%
Chunhai Gao 17.79 11.12%
北京爱地浩海科技发展有限公司 13.20 8.25%
Beijing Jiaoda Assets Management Co.,Ltd 11.20 7.00%
Tao Tang 7.90 4.93%
Beijing Jiaotong University Innovation and Technology Center 6.35 3.97%
Beijing Cornerstone Capital Management Co.,LTD 5.33 3.33%
BJTU UNION Investment Management Group Co., Ltd. 4.80 3.00%
交控科技股份有限公司未确认持有人证券专用账户 3.81 2.38%
中金公司-广发银行-中金公司丰众6号员工参与科创板战略配售集合资产管理计划 3.46 2.16%
20 Jul 2019

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