Brief Introduction

Suzhou Shihua New Material Technology Co., Ltd. is a national high-tech enterprise dedicated to the design, development, and manufacturing of functional materials. Shihua was established in 2010 in Suzhou, after ten years' development, Shihua has registered capital of RMB 172 million and employees over 250 at present. With unremitting efforts, Shihua has successively set up subsidiaries in Shenzhen, Suzhou, Hong Kong, and USA.

According to the functions of materials and its application environments, Shihua's products include precision process material, multiple function material and display module material. At present, Shihua's products have been widely used in many well-known consumer electronics brands such as Apple and Samsung, and have established long-term and stable cooperative relations with enterprises in the industry chain.

Shihua insists on independent research and development, and has ability to respond to customers quickly and efficiently, and provide customers with competitive products. Through over ten years' accumulation, Shihua's core technology have been continuously established. Shihua has mastered many key technologies including polymer polymerization and graft modification technology, coating formulation and material structure design technology, precision coating technology and so on. Shihua is stepping towards the world's first array of functional materials through continuous innovation and value creation for stakeholders.

Company Overview

Full name Suzhou Shihua New Material Technology Co., Ltd.
Abbreviations SHIHUA
Code 688093
Founded 2010/4/14
Listing 2020/9/30
Domicile Suzhou
Website www.szshihua.com.cn
Email zhengquan@szshihua.com.cn
STAR Theme New Materials
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 0.63 0.42 -
R&D expenditure as a % of operating revenue 6.73% 6.12% 4.12%
Operating Revenue 240,988,957.45 256,190,124.44 233,789,993.60
Net Income 81,584,237.45 54,737,348.54 93,257,562.99

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 240.99 256.19 233.79
Operating Costs 98.04 102.04 89.27
Operating Income 95.02 69.37 109.52
Pretax Income 94.53 69.32 109.47
Income Tax 12.95 14.58 16.21
Net Income 81.58 54.74 93.26

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 206.47 173.01 150.32
Non-current Assets-Total 189.91 94.60 72.73
Total Assets 396.38 267.61 223.04
Liabilities
Current Liabilities-Total 91.99 54.45 95.37
Non-current Liabilities-Total 28.79 - -
Total Liabilities 120.78 54.45 95.37
Stockholder's Equity
Share Capital 129.00 129.00 30.00
Retained Profits 97.43 43.43 85.39
Total Owners' Equity 275.60 213.16 127.68

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 74.01 91.19 60.53
Net Cash Flows-Investing -36.66 -54.65 -37.26
Net Cash Flows-Financing 0.71 -29.61 6.65

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
顾正青 45.15 26.25%
吕刚 34.443 20.03%
耶弗有投资发展(苏州)有限公司 25.8 15.00%
蔡惠娟 12.9 7.50%
苏州世禄企业管理中心(有限合伙) 9.288 5.40%
华泰创新投资有限公司 0.07 0.04%
高君 1.419 0.83%
毛幼聪 0.401033 0.23%
李东璘 0.379758 0.22%
胡莲林 0.344150 0.20%

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