Brief Introduction

Fujian Supertech Advanced Material Co., Ltd. was founded on October 23, 2007,and successfully listed on SSE STAR MARKET on February 11,2020, stock code 688398.We specialize in R&D, manufacture and sales of Vacuum Insulation Panel (VIP). Supertech is the first company starting mass production of VIP in China and devoted to providing the systematic insulation and energy saving solution for manufacturers of fridge, freezer, vending machine, cold chain insulated box etc.

With more than 10 years continuous focus on R&D investment and marketing, we effectively promote the new type of high efficiency and energy saving environmental protection material of vacuum insulation panel in the industrial application. We have achieved good brand awareness of VIP and become a well-known supplier in the field of thermal insulation materials for global home appliance field of fridges and freezers with high market share.

Supertech is one of the key enterprises of National Torch Hi-Tech Development Program Project, with a talented R&D team. Company has possessed many core technology of VIP and designed a series of production equipment and test instrument independently. Product of Supertech gained Appliance Core Award, National Prize and so on, which was listed on national key new product plan.

Company keeps pushing the healthy development of industry and national standard. We participated in the draw up of Vacuumed Insulation Panel (GB/T 37608-2019), VIP for Home Appliance (QB/T4682-2014) and VIP for Building (JG/T438-2014) . We were the main drafter for the first 2 standards.

Adhering to the business philosophy of "quality is the life of the enterprise, innovation is the power of the enterprise", the company is willing to establish good cooperative relationship with each person and enterprise who pays attention to energy conservation and environmental protection, working together and making progress in the field of vacuum environmental protection.

Company Overview

Full name Fujian Supertech Advanced Material CO.,Ltd.
Abbreviations  
Code 688398
Founded Oct 23, 2007
Listing Feb 11, 2020
Domicile Longyan,Fujian
Website www.supertech-vip.com
Email zqb@supertech-vip.com
STAR Theme New Materials
CSRCSector Manufacturing
Has weighted voting rights structure? no

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.70 0.09 0.12
R&D expenditure as a % of operating revenue 6.29% 6.58% 7.42%
Operating Revenue 30.79 20.52 11.22
Net Income 4.07 0.52 0.69

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 30.79 20.52 11.22
Operating Costs 18.39 14.27 7.03
Operating Income 4.86 0.61 0.28
Pretax Income 4.84 0.59 0.78
Income Tax 7.78 0.66 0.87
Net Income 4.07 0.52 0.69

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 214.84 146.19 110.97
Non-current Assets-Total 224.81 218.58 212.51
Total Assets 439.65 364.77 323.48
Liabilities
Current Liabilities-Total 133.92 109.72 84.34
Non-current Liabilities-Total 46.72 45.78 35.12
Total Liabilities 180.64 155.50 119.45
Stockholder's Equity
Share Capital 60.00 58.50 58.50
Retained Profits 132.39 98.89 94.44
Total Owners' Equity 259.01 209.27 204.02

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 48.01 7.87 13.24
Net Cash Flows-Investing -26.11 -21.68 -13.74
Net Cash Flows-Financing -3.75 7.41 8.05

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Wang Kunming 31.72 52.87%
Wang Meilan 8.71 14.52%
Li Wenzhong 2.97 4.95%
Wang Yang 2.60 4.33%
Chu Shengmin 1.93 3.22%
Xiamen Red Cloak Investment Partnership(Limited Partnership) 1.50 2.50%
Liu Shujiang 1.29 2.15%
Chen Bin 1.12 1.87%
Wu Dehou 1.11 1.85%
Yu Baosen 0.87 1.45%
 

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