Brief Introduction

The company's main business is the research and development, production and sales of special steel materials. According to the customer's customized needs, it provides special steel blanks, special steel forging materials and special steel products and other forms of products. The company also has production capacity for smelting, forming, heat treatment, finishing and other full-process processes of which smelting is the company's core process.

The company's main products are gear steel and die steel. Gear steel is mainly used in new energy wind power, rail transportation, mechanical equipment and other fields. Die steel is mainly used in industrial mold manufacturing. The company's main products are mature in technology and complete in technology, and have high market share in the fields of wind power gear steel, high-speed gear steel, large pre-hardened mold steel and other fields.

In recent years, the company has focused on the layout of special alloys, special stainless steels and other related products. High-temperature alloys, corrosion-resistant alloys, ultra-high-strength steels, ultra-high-purity stainless steels in special alloys are mainly used in aerospace, military nuclear power, semiconductor chips and other fields. The technology of the products has reached the domestic leading level and is also an important part of the localization of high-end equipment materials.

The company is positioned as a manufacturer of advanced steel materials and focuses on the "niche, middle-to-high-end" product market. The products have the characteristics of "small batch, multi-variety, high performance" and form differentiated competition with large special steel companies.

Company Overview

Full name Zhangjiagang Guangda Special Material Co.,Ltd
Abbreviations Guangda Special Material
Code 688186
Founded 2006/07/17
Listing 2020/02/11
Domicile Zhangjiagang City, Jiangsu Province, China
Website www.zjggdtc.com
Email gd005@zjggdtc.com
STAR Theme New Materials
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 1.15 1.33 0.87
R&D expenditure as a % of operating revenue 3.39% 3.28% 2.78%
Operating Revenue 1,588.30 1,507.47 1,126.63
Net Income 141.51 134.38 86.50

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 1,588.30 1,507.47 1,126.63
Operating Costs 1,243.30 1,162.46 850.05
Operating Income 169.97 168.28 115.00
Pretax Income 167.84 163.94 112.54
Income Tax 26.33 29.56 26.04
Net Income 141.51 134.38 86.50

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 1,541.68 1,719.73 1,228.46
Non-current Assets-Total 916.13 826.72 698.57
Total Assets 2,457.81 2,546.45 1,927.03
Liabilities
Current Liabilities-Total 1,424.94 1,615.60 1,348.65
Non-current Liabilities-Total 15.73 18.42 57.81
Total Liabilities 1,440.67 1,634.02 1,406.46
Stockholder's Equity
Share Capital 744.28 744.28 491.28
Retained Profits 272.85 168.16 29.29
Total Owners' Equity 1,017.13 912.44 520.57

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating -23.85 46.03 -1.98
Net Cash Flows-Investing -89.93 -48.12 -42.53
Net Cash Flows-Financing -25.69 226.20 72.72

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
张家港广大投资控股有限公司 44.80 36.42%
徐卫明 12.05 9.80%
徐 辉 8.50 6.91%
苏州邦达投资中心(有限合伙) 7.20 5.85%
周奕晓 6.50 5.28%
黄路皓 6.50 5.28%
张家港市金茂创业投资有限公司 4.80 3.90%
张家港保税区万鼎商务咨询合伙企业(有限合伙) 4.50 3.66%
宁波十月吴巽股权投资合伙企业(有限合伙) 4.10 3.33%
马 静 3.00 2.44%
31 Dec 2019

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