Brief Introduction

Since its establishment, Beijing Succeeder Technology Inc. has been engaged in the business for R&D, production and sales of instruments, reagents and consumables in the field of thrombosis and hemostasis in vitro diagnostics, providing medical institutions with coagulation, hemorheology, erythrocyte sedimentation rate and hematocrit, platelet aggregation and other automated instruments as well as original reagents and consumables, is a leading Chinese domestic manufacturer in the field of in vitro diagnosis of thrombosis and hemostasis.

Succeeder mainly adopts the business model of "autonomous R&D and production, sales-based production, production-based ordering, and distribution-oriented", and has formed a product system with autonomous core technology that integrates instruments, reagents and consumables, focusing on the development of coagulation testing products and hemorheology testing products, while continuously developing and innovating in product specialization, serialization and automation; and forming two major product series of blood coagulation and hemorheology, and series products with differentiated positioning, which can meet the demand of different levels of terminal medical institutions.

Succeeder has obtained 20 patents, 5 of which are invention patents; the self-developed thrombosis and hemostasis in vitro diagnostic products have obtained 21 medical device product registration certificates, including: 14 blood coagulation products, 5 hemorheology products, 1 item of erythrocyte sedimentation rate product, 1 item of platelet product.

Succeeder products cover the main testing items in the field of thrombosis and hemostasis in vitro diagnostics. Succeeder products are being installed in more than 8,000 domestic terminal medical institutions, including more than 800 tertiary hospitals, which can meet the main testing demand of the terminal medical institutions forin vitro diagnosis of thrombosis and hemostasis.

Company Overview

Full name Beijing Succeeder Technology Inc.
Abbreviations Succeeder
Code 688338
Founded 2003-05-28
Listing 2020-08-06
Domicile Shanghai
Website http://www.succeeder.com.cn/
Email investor@succeeder.com.cn
STAR Theme Biomedicine
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 1.19 1.00 0.52
R&D expenditure as a % of operating revenue 6.04% 6.39% 7.70%
Operating Revenue 229.57 200.09 156.70
Net Income 71.04 56.71 29.35

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 229.57 200.09 156.70
Operating Costs 149.16 136.69 121.16
Operating Income 81.72 65.46 36.67
Pretax Income 81.69 65.46 34.94
Income Tax 10.65 8.75 5.60
Net Income 71.04 56.71 29.35

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 381.76 200.28 145.30
Non-current Assets-Total 44.93 42.65 41.01
Total Assets 426.69 242.94 186.32
Liabilities
Current Liabilities-Total 50.84 46.18 42.06
Non-current Liabilities-Total 1.15 1.10 0.96
Total Liabilities 52.00 47.28 43.02
Stockholder's Equity
Share Capital 193.23 85.23 84.58
Retained Profits 181.47 110.43 58.71
Total Owners' Equity 374.69 195.65 143.30

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 60.94 58.15 32.68
Net Cash Flows-Investing -5.10 -3.85 -2.54
Net Cash Flows-Financing 105.69 -4.04 -13.35

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
吴仕明 28.30 34.66%
张海英 4.86 5.96%
祝连庆 3.65 4.47%
宁波君度尚左股权投资合伙企业(有限合伙) 3.40 4.17%
张嘉翃 2.43 2.98%
北京赛诺恒科技中心(有限合伙) 2.27 2.78%
LYFE Denali Limited 2.27 2.78%
吴桐 2.09 2.56%
晏巧霞 1.46 1.79%
王小青 1.12 1.37%
10 Nov 2020

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