Brief Introduction

Established in July 2004, Beijing Bayi Space LCD Technology Co., Ltd is listed in the SSE STAR Market with the stock code (688181) and owns a capital stock of 96,473,014 shares. The enterprise is specialized in the R&D, production, and sales of liquid crystal materials for displays (LCD), Organic electroluminescent materials for displays (OLED), Polymer dispersed liquid crystal (PDLC) smart films and other liquid crystal materials with special purposes.

As a key enterprise and major player of the high-technology sector in the country, Bayi is equipped with a most advanced and complete set of analytical and testing instruments in the country and abroad for the research and development of liquid crystal materials. With its technology in LCD production, Bayi has developed a variety of advanced liquid crystal materials and established itself as a national industry leader of its field. It has declare for more than 400 invention patents and is the country's first and sole enterprise in the field of LCD materials that owns a key laboratory at the provincial level. As a major laboratory unit of engineering construction in Beijing, Bayi has completed and is undertaking a number of science and technology projects in Beijing and at the national level. It is also the major framer of the national standards for the "Four Materials" in the national industry of LCD materials.

Our products cover a wide and comprehensive range of needs from mobile phones, laptops, and computer monitors to LCD materials for large-sized televisions, all of which performances have reach an internationally competitive and advanced level.

Company Overview

Full name Beijing Bayi Space LCD Technology Co.,Ltd.
Abbreviations Bayi Space
Code 688181
Founded 2004-07-09
Listing 2020-01-06
Domicile No.20 DongliushuiRoad ,Yanshan ,FangshanDistrict,Beijing
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 1.77 1.52 1.58
R&D expenditure as a % of operating revenue 5.33% 6.20% 4.59%
Operating Revenue 648.68 430.41 394.03
Net Income 170.47 110.28 114.49

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 648.68 430.41 394.03
Operating Costs 340.99 223.11 176.67
Operating Income 203.67 129.87 140.15
Pretax Income 201.13 127.82 133.93
Income Tax 30.66 17.55 19.44
Net Income 170.47 110.28 114.49

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,568.97 1,369.74 327.85
Non-current Assets-Total 367.67 361.43 348.38
Total Assets 1,936.64 1,731.17 676.23
Current Liabilities-Total 219.00 146.62 106.24
Non-current Liabilities-Total 29.93 32.59 33.86
Total Liabilities 248.94 179.21 140.10
Stockholder's Equity
Share Capital 1,307.24 1,307.24 329.32
Retained Profits 380.47 244.72 206.81
Total Owners' Equity 1,687.70 1,551.96 536.13

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 128.69 99.24 102.15
Net Cash Flows-Investing -1,095.43 -107.35 -21.81
Net Cash Flows-Financing -31.31 939.98 -3.88

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Lei Zhao 19.66 20.38%
Beijing Serving New Shougang Equity Venture Capital Enterprise (Limited Partnership) 10.47 10.85%
Yanlan Liu 4.70 4.87%
Shanghai Tanying Investment Partnership (Limited Partnership) 4.29 4.45%
Red Star Macalline Home Shopping Mall Management Co., Ltd 3.22 3.34%
Shiling Tong 3.00 3.11%
Wenyong Dong 2.50 2.59%
Beijing Silk Road Yunhe Investment Center (limited partnership) 2.45 2.54%
Shanghai Qiangang Investment Management Partnership (Limited Partnership) 2.15 2.22%
HangZhou Fengxing yuanjing equity investment partnership (limited partnership) 2.15 2.22%
As of 2020-12-31

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