Brief Introduction

Autel specializes in the R&D(Research and Development), production, sales and service of automotive intelligent diagnostics, detection and analysis systems and automotive electronic components, the products are mainly sold to more than 50 countries and regions such as the United States, Germany, the United Kingdom, and Australia, Autel is one of the world's leading providers of automotive intelligent diagnostics, inspection and TPMS(Tire Pressure Monitoring System)products and services.

Autel has been deeply involved in the global automotive intelligent diagnosis and testing field for more than ten years, has now built three product lines including automotive diagnostic products, TPMS series for automotive tire pressure monitoring systems and ADAS series for automotive intelligent assisted driving systems. Autel continues to iterate from automotive diagnostic products, has developed specialized products such as TPMS series and ADAS series, and extends the business of intelligent automotive electronic components(such as tire pressure sensors),based on years of accumulated diagnostic data and cases, we began to provide integrated intelligent maintenance cloud services at the same time.

Autel has long adhered to the special research in the field of automotive intelligent diagnosis and detection, combines the technical features of automotive hardware, cloud services and mobile terminals on the basis of software development, Autel adheres to independent research and development and continuous innovation, and has formed its own unique core technology accumulation. The core technology system is highly condensed into five core systems, namely, five major core systems: automotive diagnostics-specific operating system, automotive diagnostic communication system, intelligent simulation analysis system, intelligent diagnostic expert system, and cloud platform maintenance information system.

Company Overview

Full name Autel Intelligent Technology Corp.,Ltd.
Abbreviations Autel
Code 688208
Founded 2004.09.28
Listing 2020.02.13
Domicile Shenzhen
Website www.auteltech.cn
Email ir@auteltech.net
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 0.82 0.84 0.23
R&D expenditure as a % of operating revenue 15.10% 14.58% 24.45%
Operating Revenue 1,195.80 900.25 721.62
Net Income 326.98 335.78 91.36

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 1,195.80 900.25 721.62
Operating Costs 450.11 352.18 280.58
Operating Income 341.30 300.36 77.36
Pretax Income 341.95 323.09 76.88
Income Tax 14.97 -12.69 -14.48
Net Income 326.98 335.78 91.36

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 1,085.06 983.52 638.82
Non-current Assets-Total 422.13 344.13 307.12
Total Assets 1,507.19 1,327.65 945.94
Liabilities
Current Liabilities-Total 180.42 183.18 164.79
Non-current Liabilities-Total 161.59 110.04 80.16
Total Liabilities 342.02 293.21 244.95
Stockholder's Equity
Share Capital 495.97 492.17 491.99
Retained Profits 669.20 542.27 208.99
Total Owners' Equity 1,165.17 1,034.44 700.98

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 229.14 197.89 11.68
Net Cash Flows-Investing -136.82 -52.49 11.13
Net Cash Flows-Financing -200.04 -20.08 78.70

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
李红京 169.75 42.44%
深圳市道合通达投资企业(有限合伙) 44.01 11.00%
李宏 28.13 7.03%
深圳南山鸿泰股权投资基金合伙企业(有限合伙) 17.64 4.41%
平阳钛和投资管理中心(有限合伙) 16.60 4.15%
深圳兼固股权投资基金企业(有限合伙) 14.80 3.70%
深圳市达晨创丰股权投资企业(有限合伙) 13.15 3.29%
平潭熔岩新战略股权投资合伙企业(有限合伙) 10.76 2.69%
浙江海宁嘉慧投资合伙企业(有限合伙) 10.60 2.65%
宁波梅山保税港区君度德瑞股权投资管理中心(有限合伙) 10.47 2.62%
31 Dec 2019

Legal Statement

All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.

Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.

Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.