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
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT services
Has weighted voting rights structure? Yes



  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
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
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%

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