Brief Introduction

Founded in 2001 by experts in PEG synthesis and PEGylation, JenKem Technology specializes in high-purity, low polydispersity polyethylene glycol (PEG) material synthesis and PEGylation related technique services. In 2007, JenKem Technology opened its international business office in Dallas, TX for overseas business development, serving all customers located outside mainland China. In the same year, JenKem Technology Tianjin was founded in Tianjin Economic-Technological Development Area (TEDA) as the main manufacture plant of the company. The Newest facility was founded in 2016 in Panjin, Liaoning as the production site for PEG raw material manufacture.

JenKem’s specific strengths are supported by the know-hows accumulated during the 20 years of the experience in the performance of all polymerizations and derivatizations.JenKem Technology is capable to supply PEG derivatives worldwide, from R&D through GMP commercial quantities, for preclinical, clinical trials, and commercial products for pharma, biotech, medical devices, and diagnostics, with thedevelopment and manufacture of a wide range of more than 600 different derivatives in catalogue with high purity and low polydispersity, currently in 1 gram to 40 kg or greater sized batches, under ISO 9001 and ISO 13485 certified Quality Management Systems, following ICH Q7A guidelines. JenKem Technology has supported 4 of all the 6 PEGylation drugs on the China market as well as several medical devices fromCardinal Health, Medtronic andBoston Scientific on the international market. JenKem also supports tens of projects on clinical stage and has more than 600 customers of universities or research institutions.

The R&D team accounts for more than 20% of all the JenKem staff. Most of our R&D members graduate from the School of Pharmacy or Material Science of well-known universities and are experienced in the research and application of PEG materials. JenKem Technology respects the intellectual property of others and has the capability to file for patents worldwide to protect customers’ interests. As of July 2020, JenKem Technology has 67 patent approvals (35 in China, 20 in US, 8 in Europe, 3 in Japan, 1 in Australia), 48 pending patent applications (22 in China, 16 in US, 5 in Europe, 1 in India, 1 in Brazil, 1 in Korea, 2 PCT), and many other innovative technologies under development.JenKem Technology has filed DMFs for several of its PEG products, and will file other DMFs with the FDA at customers’ request.

Company Overview

Full name JenKem Technology Co., Ltd
Abbreviations JenKem Technology
Code 688356
Founded Oct9, 2001
Listing Aug 26, 2020
Domicile Haidian District, Beijing
Website www.jenkem.com
Email ir@jenkem.com
STAR Theme Biomedicine
CSRCSector Fine Chemical
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 1.37 0.81 0.47
R&D expenditure as a % of operating revenue 15.41% 12.98% 14.06%
Operating Revenue 70,746,860.21 42,593,978.92 25,404,871.38
Net Income 61,543,677.14 36,269,714.23 21,171,966.02

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 70.75 42.59 25.40
Operating Costs 21.08 19.03 16.12
Operating Income 134.32 101.27 77.09
Pretax Income 70.60 42.55 25.38
Income Tax 9.06 6.28 4.20
Net Income 61.54 36.27 21.17

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 164.61 121.31 74.91
Non-current Assets-Total 103.84 95.05 94.57
Total Assets 268.45 216.35 169.48
Liabilities
Current Liabilities-Total 44.78 44.03 26.72
Non-current Liabilities-Total 3.32 3.63 3.06
Total Liabilities 48.10 47.66 29.78
Stockholder's Equity
Share Capital 45.00 45.00 45.00
Retained Profits 105.56 54.20 25.44
Total Owners' Equity 220.35 168.70 139.70

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 51.00 33.68 21.35
Net Cash Flows-Investing 1.25 -17.39 -8.43
Net Cash Flows-Financing -12.99 -7.51 -10.98

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Xuan Zhao 14.87 24.78%
Kaiting Wu 9.15 15.24%
Huimin Liu 8.92 14.87%
Feihong Zhu 2.98 4.96%
Beijing JianYe TengFei Company Consultation Management Center 2.25 3.75%
Shanghai ManLu Investment ManagementPartnership 2.22 3.70%
Shuimu Development Limited 1.88 3.14%
Beijing Tianyi Xihui Investment Management Partnership 1.88 3.14%
Guojun Venture Capital Zhengjun No.3 Equity Investment Partnership 0.85 1.42%
CITIC Securities Investment Ltd. 0.64 1.07%
 

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