Brief Introduction

UCloud was founded in 2012 and listed on SSE STAR MARKET on January 20, 2020 as the first IPO cloud computing company in China. The stock code is 688158. Nowadays UCloud's market cap surpassed four billion dollars. UCloud was one of the first batch of enterprises that passed the certification of trusted cloud services by the Ministry of Industry and Information Technology and one of China's Top 100 Internet Companies in 2018 and 2019. Our vision is to become a respected cloud computing company and our mission is to empower dreamers to make the world a better place through cloud computing.

UCloud is a leading neutral cloud computing company in China and does not engage in customer business areas. We have serviced over 100,000+ enterprise customers with indirectly 1 billion+ users with 1000+ employees. There are four main advantages of UCloud: comprehensive product matrix, industry-leading technologies, rapid customization and on-demand service, and global presence. UCloud implements the CBA strategy composed of cloud computing, big data and artificial intelligence. Our secure and reliable cloud computing services include 80+ products categorized in IaaS, PaaS, AI service platform, Big Data platform, IoT platform and so on by independent research and development. UCloud has a series of differential products, e.g. high IO host, network enhanced host, hybrid cloud, Data Ark, PathX, Safe House, Rome, UCloudStack, and leading technologies, e.g. kernel hot patch, data rollback, software-defined network, load balancing, distributed database, safe house. We provide various industry solutions for internet (games, social media, video, news, e-commerce and SaaS), finance (internet bank, bank, investment bank, insurance and fund), education, retail, healthcare, manufacturing, logistics, energy and government in the form of public cloud, private cloud, hybrid cloud and dedicated cloud, and 7 * 24 hours' real-time service support. UCloud has 33 major data centers deployed in Asia-Pacific region, North America, Europe and Africa, e.g. Tokyo, Seoul, Bangkok Singapore, Jakarta, Ho Chi Minh City, Manila, Los Angeles, Washington DC, Moscow, Frankfurt, London, Mumbai, Dubai, Sao Paulo, Lagos.

Company Overview

Full name UCloud Technology Co., Ltd.
Abbreviations UCloud
Code 688158
Founded Mar.16,2012
Listing Jan.20,2020
Domicile Shanghai
Website www.ucloud.cn
Email ir@ucloud.cn
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT services
Has weighted voting rights structure? Yes

Financials

Highlights

  2019 2018 2017
Earnings Per Share 0.06 0.21 0.23
R&D expenditure as a % of operating revenue 12.41% 13.51% 12.68%
Operating Revenue 1,514.92 1,187.43 839.80
Net Income 20.81 77.15 59.28

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 1,514.92 1,187.43 839.80
Operating Costs 1,492.47 1,101.37 799.46
Operating Income 22.45 86.07 40.34
Pretax Income 22.54 84.83 48.09
Income Tax 1.73 7.68 -11.19
Net Income 20.81 77.15 59.28

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 1,263.92 1,215.48 1,091.77
Non-current Assets-Total 945.33 940.33 546.82
Total Assets 2,209.25 2,155.81 1,638.58
Liabilities
Current Liabilities-Total 435.59 402.13 432.98
Non-current Liabilities-Total 27.12 32.62 30.40
Total Liabilities 462.72 434.75 463.37
Stockholder's Equity
Share Capital 1,731.35 1,731.35 1,416.86
Retained Profits 12.17 -10.47 -241.65
Minority Interests 3.00 0.19 -
Total Owners' Equity 1,746.53 1,721.06 1,175.21

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 321.40 446.41 193.27
Net Cash Flows-Investing -388.38 -804.55 816.00
Net Cash Flows-Financing 0.66 437.92 -189.93

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
季昕华 50.83 12.03%
君联资本管理股份有限公司-天津君联博珩投资合伙企业(有限合伙) 37.44 8.86%
苏州工业园区元禾重元股权投资基金管理有限公司-苏州工业园区元禾重元优云创业投资企业(有限合伙) 37.05 8.77%
China Mobile Capital Holdings Co., Ltd. 23.54 5.57%
莫显峰 23.43 5.54%
华琨 23.43 5.54%
北京甲子齐心投资管理合伙企业(有限合伙)-北京中金甲子拾号股权投资合伙企业(有限合伙) 21.26 5.03%
嘉兴红柳投资管理合伙企业(有限合伙)-嘉兴优亮投资合伙企业(有限合伙) 17.04 4.03%
嘉兴大马投资管理合伙企业(有限合伙)-嘉兴华亮投资合伙企业(有限合伙) 16.82 3.98%
西藏云显股权投资合伙企业(有限合伙) 13.60 3.22%
 

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.