TRANSSION Holdings is committed to becoming the most popular provider of smart devices and mobile services for consumers in global emerging markets. The company is best known for its high-quality multi-brand smart devices. Mobile phones are its core products, while it also offers mobile Internet services based on a self-developed operating system. TRANSSION's brand portfolio comprises leading mobile phone brands in emerging markets, including TECNO, itel and Infinix, as well as Carlcare for after-sales services, oraimo for smart accessories, and Syinix for home appliances.
After years of expansion, the company has become a leading player in the mobile industries of global emerging markets. In 2020, TRANSSION sold 174 million mobile phones globally. According to IDC figures for 2020, TRANSSION ranks 4th in global mobile phone manufacturers with a 10.6% market share, and 7th in global smartphone market with a 4.7% market share. In 2020, TRANSSION's market share in Africa continued to increase, with its smartphone market share exceeding 40%, further expanding its lead in Africa. TRANSSION also achieved remarkable performance in new smartphone markets, 1st in Pakistan (over 40%), 1st in Bangladesh (18.3%), and 6th in India (5.1%).
TRANSSION has implemented a development strategy which coordinates smart devices with mobile Internet to expand its leading advantage. TRANSSION branded phones are equipped with an intelligent operating system based on secondary development and deep customization of the Android system platform, including HiOS, itelOS, and XOS (TRANSSION OS). Within TRANSSION OS, the company has developed an app store, game centre, advertising distribution platform, phone master, and other related tools and applications.
| Full name | SHENZHEN TRANSSION HOLDINGS CO., LTD. |
|---|---|
| Abbreviations | Transsion Holdings |
| Code | 688036 |
| Founded | 2017-11-08 (joint-stock company); 2013-08-21（limited liability company） |
| Listing | 2019-09-30 |
| Domicile | Shenzhen |
| investor@transsion.com | |
| STAR Theme | New Generation IT |
| CSRC Sector | Manufacturing of computers, communications and other electronic equipment |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 3.36 | 2.42 | 0.91 |
| R&D expenditure as a % of operating revenue | 3.06% | 3.18% | 3.14% |
| Operating Revenue | 37,791.89 | 25,345.93 | 22,645.88 |
| Net Income | 2,678.12 | 1,796.60 | 653.80 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 37,791.89 | 25,345.93 | 22,645.88 |
| Operating Costs | 28,064.40 | 18,411.99 | 17,109.37 |
| Operating Income | 3,187.61 | 2,195.20 | 857.35 |
| Pretax Income | 3,201.04 | 2,182.11 | 864.79 |
| Income Tax | 522.92 | 385.51 | 210.99 |
| Net Income | 2,678.12 | 1,796.60 | 653.80 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 23,005.15 | 15,463.11 | 8,539.09 |
| Non-current Assets-Total | 2,985.36 | 2,280.64 | 1,814.11 |
| Total Assets | 25,990.51 | 17,743.75 | 10,353.20 |
| Liabilities | |||
| Current Liabilities-Total | 13,529.02 | 8,155.60 | 5,457.06 |
| Non-current Liabilities-Total | 1,952.18 | 1,323.45 | 974.12 |
| Total Liabilities | 15,481.20 | 9,479.04 | 6,431.18 |
| Stockholder's Equity | |||
| Share Capital | 5,907.31 | 5,722.74 | 2,987.68 |
| Retained Profits | 4,584.80 | 2,531.25 | 928.62 |
| Minority Interests | 17.20 | 10.72 | 5.72 |
| Total Owners' Equity | 10,509.31 | 8,264.71 | 3,922.02 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 4,307.93 | 4,040.52 | 2,073.32 |
| Net Cash Flows-Investing | 817.53 | -2,872.99 | -738.53 |
| Net Cash Flows-Financing | 575.79 | 2,567.71 | -275.01 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| 深圳市传音投资有限公司 | 408.43 | 51.05% |
| 源科（平潭）股权投资管理合伙企业（有限合伙）－源科（平潭）股权投资基金合伙企业（有限合伙） | 79.76 | 9.97% |
| 深圳市传力股权投资管理有限公司 | 51.58 | 6.45% |
| 深圳市传音创业合伙企业（有限合伙） | 26.78 | 3.35% |
| 深圳市传力创业合伙企业（有限合伙） | 26.35 | 3.29% |
| 深圳市传承创业合伙企业（有限合伙） | 24.48 | 3.06% |
| MERRILL LYNCH INTERNATIONAL | 9.48 | 1.18% |
| 全国社保基金一零一组合 | 7.03 | 0.88% |
| 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 | 6.43 | 0.80% |
| GAMNAT PTE. LTD. | 6.20 | 0.78% |
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