Brief Introduction

Huate Gas was founded in 1999 and specializes in special gases, general industrial gases and equipment engineering business. Since 2000, the company has been committed to the R&D and production of special gases. With Huate Gas's continuous R&D, the company has become the first domestic company to break the import-restriction of HP hexafluoroethane, HP octafluoropropane, HP carbon monoxide, and Kr / Ne gas mixture, Ar / Ne gas mixture and other gases, and has achieved the import substitution for nearly 20 products.

The four mixtures of Huate Gas, Ar/F/Ne, Kr/Ne, Ar/Ne and Kr/F/Ne, have passed the product certification of ASML who is the world's largest supplier of lithography machines in 2017. At present, Huate Gas is the only gas company in China that has been certificed by ASML, and it is also the only one with all above four products through ASML certification in the world.

Huate Gas's special gases are mainly aimed at semiconductor industries such as integrated circuits, display panels, and photovoltaic energy. Huate Gas has achieved more than 80% coverage on the customers of domestic 8-inch integrated circuit manufacturers and solved various gas-material restrictions for customers like SMIC, HHGrace, YMTC, XMC and so on, and engaged into the leading supply chain system of semiconductor companies such as Intel, Micron, Texas Instruments (TI), Hynix and so on globally.

In the future, Huate Gas will be continuing to focus on special gases, strengthen R & D, as well as through independent technology innovation to promote the localization of special gases and solve the restrictions of gas materials in cutting-edge fields such as extreme-large scale integrated circuits and new display panels, and to create a national brand in the gas industry.

Company Overview

Full name Guangdong Huate Gas Co., Ltd
Abbreviations Huate Gas
Code 688268
Founded 5/2/1999
Listing 26/12/2019
Domicile Foshan
Website http://www.huategas.com
Email zhengqb@huategas.com
STAR Theme New Materials
CSRCSector Chemical raw materials and chemical products manufacturing
Has weighted voting rights structure? Not

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.75 0.54 0.43
R&D expenditure as a % of operating revenue 2.64% 2.42% 2.46%
Operating Revenue 817,543,747.59 786,829,599.07 657,287,622.10
Net Income 67,848,362.04 48,510,298.91 38,371,726.46

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 817.54 786.83 657.29
Operating Costs 742.35 720.77 614.17
Operating Income 82.08 58.01 39.91
Pretax Income 80.65 56.66 48.87
Income Tax 12.80 8.15 10.50
Net Income 67.85 48.51 38.37

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 474.65 440.97 389.33
Non-current Assets-Total 277.36 267.93 278.65
Total Assets 752.02 708.90 667.98
Liabilities
Current Liabilities-Total 191.81 199.16 193.21
Non-current Liabilities-Total 6.71 7.61 6.53
Total Liabilities 198.52 206.77 199.74
Stockholder's Equity
Share Capital 295.11 295.11 295.11
Retained Profits 254.58 205.33 168.47
Total Owners' Equity 553.50 502.13 468.24

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 41.72 91.84 74.22
Net Cash Flows-Investing 0.01 -57.98 -64.23
Net Cash Flows-Financing -11.83 -32.98 -3.52

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
广东华特投资管理有限公司 26.64 22.20%
天津华弘投资管理合伙企业(有限合伙) 17.18 14.32%
石平湘 12.71 10.59%
天津华和投资管理合伙企业(有限合伙) 8.78 7.32%
张穗萍 8.57 7.14%
天津华进投资管理合伙企业(有限合伙) 5.78 4.82%
石思慧 5.40 4.50%
石廷刚 2.34 1.95%
中信建设投资有限公司 1.50 1.25%
傅铸红 1.43 1.19%
31 Dec 2019

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