Brief Introduction

Approach Infinity,Make Test New Valuable

Beijing Huafeng Test & Control Technology Co., Ltd. (hereinafter referred to as Huafeng Test & Control), as one of the earliest companies to enter the semiconductor testing equipment industry in China, has been deeply engaged in the industry for more than 20 years, focusing on the field of analog and mixed signal testing equipment.

By virtue of its high performance, easy operation and service advantages, the company has broken the monopoly position of foreign manufacturers in the field of analog and digital-analog hybrid test equipment, and reached the leading domestic level in terms of revenue and brand advantages. The products are not only sold in batches in China, but also exported to China's Taiwan, the United States, Europe, Korea, Japan and other developed areas of overseas semiconductor industry. Up to now, the cumulative global installed capacity has exceeded 2,300 sets.

At present, the company is the main testing platform supplier in the field of simulation testing for the top three semiconductor sealing test manufacturers in China, also has hundreds of IC design enterprise customer resources, and also maintained the business relationship with more than three hundreds of IC design enterprises. In the future, China's independent chip development will provide great opportunities for the rapid growth of the company.

Company Overview

Full name Beijing Huafeng Test & Control Technology Co., Ltd.
Abbreviations Accotest
Code 688200
Founded 1993年2月1日
Listing 2020年2月18日
Domicile Beijing
Website www.hftc.com.cn
Email ir@accotest.com
STAR Theme High-end Equipment
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 2.27 2.16 1.26
R&D expenditure as a % of operating revenue 12.83% 11.15% 12.04%
Operating Revenue 254.61 218.68 148.57
Net Income 101.99 90.73 52.81

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 254.61 218.68 148.57
Operating Costs 46.32 39.03 28.67
Operating Income 120.02 102.97 60.34
Pretax Income 119.05 103.08 60.36
Income Tax 17.06 12.35 7.55
Net Income 101.99 90.73 52.81

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 419.71 241.49 188.46
Non-current Assets-Total 73.88 44.59 20.79
Total Assets 493.58 286.08 209.25
Liabilities
Current Liabilities-Total 65.43 50.36 32.03
Non-current Liabilities-Total 0.14 0.07 0
Total Liabilities 65.57 50.43 32.03
Stockholder's Equity
Share Capital 211.09 100.38 100.38
Retained Profits 216.92 50.43 32.03
Total Owners' Equity 428.01 235.66 177.23

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 59.65 101.78 10.63
Net Cash Flows-Investing -30.81 -24.81 16.90
Net Cash Flows-Financing 86.37 -30.83 -15.10

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
天津芯华投资控股有限公司 18.23 39.73%
中国时代远望科技有限公司 14.13 30.80%
李寅 2.20 4.79%
王皓 2.05 4.47%
唐桂琴 1.33 2.91%
陈爱华 1.03 2.24%
王东光 0.51 1.12%
段宁远 0.44 0.96%
付卫东 0.44 0.96%
王晓强 0.40 0.88%
 

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