Brief Introduction

As the new and high-tech enterprise and national innovative pilot enterprise, Earth-Panda Advance Magnetic Material Co., Ltd., (Stock Code:688077) with registered capital of 80 million RMB, is established in 2003 and specialized in the research and development, production and sales of the rare earth permanent magnetic products.

The major products are sintered Neodymium magnets with high performance, good thermal stability, corrosion resistance and mechanical performance, which are widely used in automobile motors, industrial motors, high-end consumer electronic products. They are the critical important function materials for EPS, sensors, new energy vehicle driver motors, wind power generators, energy-saving drivers, frequency conversion motors, industrial robot, 5G and 3C etc.

Earth-Panda has been supplying to most worldwide customers,such as Buhler, Schaeffler, TRW, Nexteer, Stanley Black&Decker, TI Automotive, Panasonic, Denso, SMC, CRRC, and over 20 countries and areas.

Earth-Panda has passed ISO9001,IATF16949,ISO14001 and ISO45001 certificates, and established many State innovative platform including the only one National Key Lab for permanent magnet, State Enterprise Technical Center, Country and Region Joint Engineering Research Center and National Postdoctoral Research Workstation.,Earth-Panda is regarded as China Famous Trademark.

In the future, under the superiority and industrial position of Permanent magnetic materials technology and new product development, Earth-Panda will go with the tide of Global energy conservation and environmental protection and intelligent manufacturing industry development, adhere to technical innovation, focus on permanent magnetic materials and to be the leading producer for permanent magnetic material.

Company Overview

Full name Earth-Panda Advanced Magnetic Material Co., Ltd.
Abbreviations Earth-Panda
Code 688077
Founded 2003-11-04
Listing 2020-07-22
Domicile Hefei
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.76 0.97 0.69
R&D expenditure as a % of operating revenue 4.35% 5.07% 4.75%
Operating Revenue 782.16 630.95 585.60
Net Income 52.20 58.00 41.45

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 782.16 630.95 585.60
Operating Costs 641.10 482.51 451.04
Operating Income 50.68 64.72 47.11
Pretax Income 56.58 64.07 45.89
Income Tax 4.38 6.08 4.44
Net Income 52.20 58.00 41.45

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,032.13 437.81 327.71
Non-current Assets-Total 426.18 346.06 303.90
Total Assets 1,458.31 783.87 631.61
Current Liabilities-Total 470.76 342.56 246.92
Non-current Liabilities-Total 74.27 70.16 59.66
Total Liabilities 545.03 412.72 306.58
Stockholder's Equity
Share Capital 568.24 66.39 66.64
Retained Profits 345.03 304.76 258.25
Minority interests 0.00 0.00 0.14
Total Owners' Equity 913.27 371.15 325.03

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 34.49 52.41 47.06
Net Cash Flows-Investing -409.47 -47.72 -31.59
Net Cash Flows-Financing 415.29 -11.65 -16.76

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
熊永飞 30.33 37.91%
安徽高新金通安益股权投资基金(有限合伙) 6.00 7.50%
曹庆香 5.40 6.75%
谭新博 5.28 6.60%
赖满英 2.40 3.00%
衣晓飞 1.92 2.40%
陈春生 1.80 2.25%
平潭盈科鑫达创业投资合伙企业(有限合伙) 1.80 2.25%
陈静武 1.44 1.80%
华泰创新投资有限公司 1.00 1.25%
24 May 2021

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