The Company is a new functional coating material manufacturer that targets high-end consumer electronics, passenger car parts and other high-end consumer products in 3C industry, aiming to provide customers with paints, special ink and other multi-category systematic solutions through the model of "interactive" independent R&D and "customized flexible manufacturing".
At present, the Company offers three types of new functional coating materials, i.e. paint, special ink and adhesive, which are mainly used in the industry of high-end consumer electronics and passenger cars. Based on intensive efforts in the target market and professional fortress development pattern, the Company has its terminal customers in Asia, America, Europe and other regions, and has basically achieved full coverage of the downstream target market.
In the field of high-end consumer electronics, the Company's business has covered four market segments (mobile phones and related accessories, laptops and related accessories, wearable devices and intelligent household appliances), and has formed a multi-category, integrated product system structure including paints and special inks. The core enterprises in cooperation with terminal companies of high-end consumer electronics include Huawei, Apple, Xiaomi, HP, Microsoft, Google, Amazon, VIVO and MOTO, etc. The Company is a coating material manufacturer that has successfully entered the international famous terminal brand supply system and has established a relatively stable business cooperation relationship with it, and can compete with international giants such as AkzoNobel and PPG.
In the field of passenger auto (parts), the Company, relying on its technical advantages and brand influence accumulated in the field of high-end consumer electronics, has successfully made technical and market breakthroughs in such field. The core customers that have been supplied or whose customer supply system the Company has entered include Geely, GAC, SAIC GM-Wuling, Valeo and other well-known vehicle and auto parts manufacturers at home and abroad.
| Full name | HUNAN SOKAN NEW MATERIALS CO., LTD. |
|---|---|
| Abbreviations | Sokan |
| Code | 688157 |
| Founded | 2009-03-20 |
| Listing | 2020-06-09 |
| Domicile | Hunan . Ningxiang |
| Website | www.sokan.com.cn |
| zqb@sokan.com.cn | |
| STAR Theme | New materials |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 1.26 | 1.56 | 0.92 |
| R&D expenditure as a % of operating revenue | 12.07% | 9.84% | 11.66% |
| Operating Revenue | 434,926,289.09 | 455,138,283.31 | 262,232,747.82 |
| Net Income | 87,179,936.01 | 92,873,689.04 | 52,272,533.67 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 434.93 | 455.14 | 262.23 |
| Operating Costs | 346.84 | 345.28 | 211.66 |
| Operating Income | 92.96 | 105.48 | 56.10 |
| Pretax Income | 96.83 | 106.30 | 57.89 |
| Income Tax | 10.06 | 14.82 | 6.42 |
| Net Income | 86.77 | 91.48 | 51.47 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 1,023.12 | 405.48 | 291.19 |
| Non-current Assets-Total | 219.46 | 165.31 | 127.27 |
| Total Assets | 1,242.58 | 570.79 | 418.46 |
| Liabilities | |||
| Current Liabilities-Total | 131.44 | 159.68 | 103.00 |
| Non-current Liabilities-Total | 10.09 | 10.23 | 6.49 |
| Total Liabilities | 141.53 | 169.91 | 109.49 |
| Stockholder's Equity | |||
| Share Capital | 878.33 | 258.83 | 258.29 |
| Retained Profits | 216.97 | 141.05 | 50.19 |
| Minority Interests | 5.75 | 0.99 | 0.50 |
| Total Owners' Equity | 1,101.05 | 400.88 | 308.97 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 71.75 | 72.52 | 16.34 |
| Net Cash Flows-Investing | -227.64 | -53.04 | -7.40 |
| Net Cash Flows-Financing | 610.67 | 1.44 | 0.10 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Changsha Maosong Technology Co., Ltd. | 38.49 | 48.35% |
| Changsha Songyuan Enterprise Management Consulting Partnership (Limited Partnership) | 6.24 | 7.82% |
| Changsha Songmao Asset Management Partnership (Limited Partnership) | 5.36 | 6.74% |
| Wu Song | 2.83 | 3.56% |
| Yan Yaofan | 2.26 | 2.84% |
| Dai Lincheng | 2.26 | 2.84% |
| Yang Bo | 2.26 | 2.84% |
| China Merchants Bank Company Limited- Penghua emerging industry hybrid securities investment fund | 1.39 | 1.75% |
| Penghua Fund Management Co., Ltd.- Social security fund 17031 portfolio | 0.81 | 1.02% |
| Debang Xingrui Investment Management Co., Ltd. | 0.76 | 0.96% |
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