Brief Introduction

Traffic Control Technology Co., Ltd (TCT) was founded in December 2009. TCT is the first Chinese high-tech company with self-owned CBTC core technology. TCT's signalling solutions include typical CBTC system,interoperability of various signalling formats and fully-automatic operating system with GoA 4 level.

In 2009, TCT supplied the core equipment of CBTC signalling system for Beijing Yizhuang Line, the first demonstration line for Chinese signalling technology.

In 2017, TCT organized relevant parties to an definition of the Chongqing interoperable signalling system technology and related standards, endeavor to realize interoperability of signalling system in China.

In 2017,the first fully automatic operation line with Chinese siganlling technology - Beijing subway YANFANG Line is completed by TCT.

TCT has provided signalling system for 2057 km rail transit lines of 28 cities in China by the end of 2020. TCT is a leading CBTC signalling solutions provider in China. TCT commits to provide a diverse signalling system solution for better rail transportation.

Company Overview

Full name Traffic Control Technology Co.,Ltd
Abbreviations TCT
Code 688015
Founded 2009-12-04
Listing 2019-07-22
Domicile Beijing, China
STAR Theme High-end Equipment
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 1.48 0.93 0.55
R&D expenditure as a % of operating revenue 8.55% 6.85% 6.66%
Operating Revenue 2,026,170,762.29 1,651,775,097.71 1,162,520,490.66
Net Income 239,888,033.06 125,160,804.91 65,910,193.98

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 2,026.17 1,651.78 1,162.52
Operating Costs 1,370.93 1,211.47 849.49
Operating Income 265.74 138.68 75.25
Pretax Income 264.01 138.81 73.30
Income Tax 24.12 13.65 7.39
Net Income 239.89 125.16 65.91

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 3,822.95 3,243.46 1,902.42
Non-current Assets-Total 526.03 307.22 197.34
Total Assets 4,348.98 3,550.68 2,099.76
Current Liabilities-Total 2,841.17 2,335.08 1,564.52
Non-current Liabilities-Total 188.79 121.81 130.25
Total Liabilities 3,029.96 2,456.89 1,694.77
Stockholder's Equity
Share Capital 827.29 814.07 228.90
Retained Profits 467.42 269.50 170.27
Minority Interests 24.31 10.22 5.82
Total Owners' Equity 1,319.02 1,093.79 404.99

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 347.73 430.26 113.30
Net Cash Flows-Investing 135.43 -397.34 -40.21
Net Cash Flows-Financing -32.39 496.34 63.41

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
北京市基础设施投资有限公司 26.67 16.66
郜春海 17.79 11.12
永新县卓海科技有限公司 13.20 8.25
北京交大资产经营有限公司 11.20 7.00
唐涛 7.36 4.60
北京交大创新科技中心 6.35 3.97
北京基石创业投资基金(有限合伙) 5.33 3.33
北交联合投资管理集团有限公司 4.63 2.89
招商银行股份有限公司-华夏上证科创板50成份交易型开放式指数证券投资基金 3.21 2.01
张建明 2.93 1.83
李开成 2.93 1.83
马连川 2.93 1.83
As of 2021-03-31

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