Brief Introduction

Jiangsu Eazytec Technology Co., Ltd. (Eazytec) was founded in 2008 and listed in the SSE STAR Market in 2019 (stock code: 688258). Over the past ten-odd years, it has been focusing on providing independent, secure and controllable services regarding the cloud computing industrial chains. It mainly provides core firmware (BIOS and BMC) products and customized products to manufacturers of CPUs and computing devices as well as end-to-end cloud solutions to government and company customers.

As one of the four independent suppliers of BIOS with X86-architecture across the globe and the only one in China, Eazytec also provides BIOS firmware used for home-made ICs (Loongson ICs, Kunpeng ICs and so on) as one of the two vendors. The core firmware technology independently developed by Eazytec for cloud computing is keeping abreast of the international market and is leading the Chinese market. The "Byosoft Loongson 2F Platform BIOS" won the award of the National Key New Products. Eazytec led and participated in two projects under the national "Core Electronic Devices, High-end General ICs, and Basic Software Products Program", two projects under the "863 Program" and projects under the National Innovation Fund. Now, it has 5 invention patents (another 38 patents are under substantive examination) and 210 software copyrights.

Company Overview

Full name Jiangsu Eazytec Co.,Ltd
Abbreviations Eazytec
Code 688258
Founded 2008-5-12
Listing 2019-12-9
Domicile Yixing,Jiangsu Province,China
Website www.eazytec.com
Email wangjuan@eazytec.com
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 0.63 0.79 0.51
R&D expenditure as a % of operating revenue 14.60% 11.61% 10.17%
Operating Revenue 212.83 175.69 152.35
Net Income 41.07 51.58 33.07

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 212.83 175.69 152.36
Operating Costs 103.72 89.26 83.94
Operating Income 44.39 55.96 37.71
Pretax Income 44.11 56.08 37.62
Income Tax 3.04 4.50 4.55
Net Income 41.07 51.58 33.07

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 840.71 255.79 196.30
Non-current Assets-Total 102.98 102.70 103.68
Total Assets 943.69 358.49 299.98
Liabilities
Current Liabilities-Total 77.52 55.70 45.82
Non-current Liabilities-Total 10.44 8.52 11.46
Total Liabilities 87.96 64.22 57.28
Stockholder's Equity
Share Capital 646.91 126.55 126.55
Retained Profits 208.81 167.73 116.15
Total Owners' Equity 855.72 294.28 242.70

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 53.63 25.98 37.99
Net Cash Flows-Investing -321.15 -22.36 -10.91
Net Cash Flows-Financing 519.71 8.01 -22.03

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
谢乾 37.43 43.05%
Yixing Zhongheng Enterprise Management Co., Ltd 6.07 6.98%
华软创业投资宜兴合伙企业(有限合伙) 4.80 5.52%
Intel Products (Chengdu) Ltd. 3.13 3.6%
中国银行股份有限公司-海富通股票混合型证券投资基金 2.77 3.19%
Liu Dan 2.76 3.17%
佛山亚商粤科互联网投资中心(有限合伙) 2.48 2.85%
储开强 2.21 2.54%
张宇明 2.21 2.54%
Shanghai Ruijingda Venture Investment Co., Ltd 1.63 1.87%
锡瑞明博创业投资有限公司 1.63 1.87%
31 Mar 2020

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