Brief Introduction

Founded in October 2007, Shanghai Titan Technology Co., Ltd. has become a leading enterprise in the domestic science service industry by providing scientific research reagents, special chemicals, scientific instruments and consumables, laboratory construction and scientific research information services, so as to meet the scientific research related needs of researchers, analytical testing and quality control personnel. The company is committed to providing important support and guarantee for domestic scientific research, technological innovation and industrial upgrading. In order to meet the needs of customers, the company has developed and built Adamas-beta, general reagent and other independent brands. At the same time, in order to ensure the integrity of products, the company purchased third-party brand products, and formed a complete product matrix together with independent brand products to achieve external sales. In addition, the company through the construction of scientific service platform "exploration platform", the establishment of warehousing and logistics system, to provide customers with stable, reliable, convenient, fast products and services.

Since its establishment, the company has served more than 30000 customers, more than 1 million scientists and quality control personnel, and more than 150 of the world's top 500 enterprises. It has achieved the full coverage of 985 and 211 Engineering Universities in China, and supported the frontier research and development of many leading enterprises in the fields of biomedicine, new materials, new energy, energy conservation and environmental protection, and high-end equipment manufacturing, so as to provide national innovation, upgrading and transformation It provides a solid and powerful foundation guarantee.

Headquartered in Shanghai, the company has more than 600 employees, including nearly 40 doctoral and postgraduate students. It has nearly 10 branches or sales outlets in Beijing, Guangzhou, Chongqing, Chengdu, Nanjing, Hangzhou, Wuhan, Xiamen and Tianjin. Since its establishment, Titan has maintained a rapid growth. At present, the company's sales volume exceeds 1 billion yuan and has become a leading enterprise in the domestic science service industry.

The company continues to invest in research and development, forming a number of industry-leading product series, with 64 patents and 24 software copyrights. In 2011, the company was selected as a classic case of "innovation driven, transformation and development" in Shanghai. In 2012, the company became "Shanghai innovative enterprise" and "Shanghai Science and technology giant cultivation enterprise". In 2013, the company was named "2012's most valuable enterprise for growth" (top 10 in China) by Shanghai equity investment Association It became a "small giant enterprise of science and technology in Shanghai" and successfully listed on the new third board. After five years of development and unremitting efforts, it successfully landed on the science and technology innovation board in October 2020.

Company Overview

Full name Shanghai Titan Scientific Co., Ltd
Abbreviations Titan Scientific
Code 688133
Founded October 18, 2007
Listing October 30, 2020
Domicile Shanghai
Website http://www.titansci.com
Email contact @titansci.com
STAR Theme Others
CSRCSector Scientific research and technical service
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 1.4 1.2 0.83
R&D expenditure as a % of operating revenue 3.19% 3.24% 4.35%
Operating Revenue 1,144,096,948.96 925,611,269.94 664,185,800.39
Net Income 73,695,500.44 59,666,961.79 38,305,166.46

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 1,144.10 925.61 664.19
Operating Costs 870.81 725.80 516.68
Operating Income 84.00 67.29 42.70
Pretax Income 83.87 67.23 43.12
Income Tax 10.17 7.57 4.82
Net Income 73.70 59.67 38.31

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 843.79 590.81 402.53
Non-current Assets-Total 87.42 64.10 50.01
Total Assets 931.21 654.91 452.54
Liabilities
Current Liabilities-Total 366.45 267.08 162.62
Non-current Liabilities-Total 1.14 1.23 2.58
Total Liabilities 367.58 268.32 165.20
Stockholder's Equity
Share Capital 416.41 286.94 228.60
Retained Profits 147.21 99.22 58.78
Minority interests 0.01 0.43 -0.03
Total Owners' Equity 563.63 386.60 287.35

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating -31.85 34.49 16.71
Net Cash Flows-Investing -28.80 -21.82 -12.07
Net Cash Flows-Financing 156.06 91.04 12.87

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
谢应波 8.27 14.47%
苏州钟鼎五号股权投资基金合伙企业(有限合伙) 5.34 9.34%
厦门创丰昕华创业投资合伙企业(有限合伙) 4.52 7.91%
王靖宇 3.84 6.71%
张华 3.84 6.71%
许峰源 3.84 6.71%
张庆 3.84 6.71%
上海锐合新信创业投资中心(有限合伙) 1.95 3.41%
国开科技创业投资有限责任公司 1.65 2.89%
李贤 1.61 2.81%
 

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