Brief Introduction

Founded in June 2005 and operating in Changchun and Shanghai, Jilin OLED Material Tech Co., Ltd mainly engages in research and development, manufacture, sale and after-sales technical services of end materials and evaporation source equipment for organic luminescent materials in the middle stream of OLED industry chain, of which organic luminescent materials are core materials for manufacture of OLED panels and evaporation source is the core module of the key equipment of thermal evaporator for manufacture of OLED panels.

After many years of industry accumulation and development, Jilin OLED won many honorary titles in succession, such as “excellent contribution award of China New-type Display Industry Chain Development Contribution Awards”, “special contribution award of China New-type Display Industry Chain Development Contribution Awards”, “corporate incubator of individual champions of manufacturing industry”, “national model enterprise of intellectual property”, and “gold award at the 47 International Exhibition of Inventions of Geneva”. The company has been committed to resolving the “neck-choking problems” of the industry with “import substitution” and dares to undertake several national key projects typified by the national “863 program” projects, including the significant scientific research and industrialization projects of the National Development and Reform Commission, Ministry of Industry and Information Technology and Ministry of Science and Technology. Since 2019, the company has been filed more than 100 patent applications each year, of which more than 90% are invention patents.

Currently, the company has developed more than one hundred varieties of OLED materials in four categories such as electronic functional materials, hole functional materials, luminescent functional materials and other functional materials, all of which boast superior product performance and have been supplied in batches to famous flat panel display manufacturers at home. In the field of evaporation source equipment, Jilin OLED even radically broke the technical barriers abroad by successfully realizing in-house research and development, industrialization and import substitution of this core module, thus resolving the “neck-choking” technical problems with the 6th-generation AMOLED production lines at home.

As the initiator and council member of “China OLED Industry Alliance”, Jilin OLED serves its business partners with the latest technology products, rapid customer response mechanism and highly satisfactory product quality, exploring the unlimited possibilities in the field of OLED display and opening the brand new vision of mankind with the power of innovation!

Company Overview

Full name Jilin OLED Material Tech Co., Ltd.
Abbreviations OLED Material Tech
Code 688378
Founded 2005.6
Listing 2020.9
Domicile Changchun City, Jilin Province(吉林省长春市)
Website www.jl-oled.com
Email wangyanli@jl-oled.com
STAR Theme High-end Equipment(高端装备)
CSRCSector Special Equipment Manufacturing(专用设备制造)
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 2.11 1.99 -0.25
R&D expenditure as a % of operating revenue 12.03% 10.70% 32.76%
Operating Revenue 300,664,702.66 262,438,310.32 41,440,404.35
Net Income 108,668,488.09 89,066,358.07 -11,247,470.79

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 300.66 262.44 41.44
Operating Costs 116.08 89.33 19.00
Operating Income 123.97 106.38 -16.86
Pretax Income 123.84 103.90 -16.06
Income Tax 15.17 14.84 -4.81
Net Income 108.67 89.07 -11.25

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 444.26 284.00 137.75
Non-current Assets-Total 380.74 206.60 188.29
Total Assets 825.00 490.60 326.04
Liabilities
Current Liabilities-Total 251.37 276.07 197.05
Non-current Liabilities-Total 122.48 62.17 65.70
Total Liabilities 373.85 338.24 262.75
Stockholder's Equity
Share Capital 288.21 88.21 88.21
Retained Profits 162.94 64.14 -24.92
Total Owners' Equity 451.15 152.35 63.29

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 141.09 78.41 53.11
Net Cash Flows-Investing -192.91 -49.78 -93.41
Net Cash Flows-Financing 185.67 -31.47 31.24

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
轩景泉 15.93 21.78%
轩菱忆 7.10 9.71%
深圳同创伟业资产管理股份有限公司-深圳南海成长同赢股权投资基金 (有限合伙) 5.20 7.11%
深圳同创伟业资产管理股份有限公司-杭州南海成长投资合伙企业(有限合伙) 4.48 6.13%
宁波绿河晨晟创业投资合伙企业(有限合伙) 4.00 5.47%
TAIYONIPPON SANSO INVESTMENT (CHINA) 3.18 4.35%
宁波绿河睿能投资合伙企业(有限合伙) 2.00 2.73%
Gansu Guofang Industry&Trade Group Limited By Share Ltd. 2.00 2.73%
万家基金-宁波银行-万家基金奥来德 1 号员工参与科创板战略配售集合资产管理计划 1.83 2.5%
张少权 1.25 1.71%
于越 1.25 1.71%
熊冰 1.12 1.54%
30 Sep 2020

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