Brief Introduction

Harmontronics Automation Technology Co., Ltd. (688022:SHH) founded in 2007 is a leader company in Chinese smart manufacturing industry which specializes in providing automation equipment and industrial software. The company is headquartered in Suzhou, with production plants located in Shenzhen and Ganzhou. We have 10 branches and service centers worldwide and serve more than 20 countries around the world. The company emerged in the capital market in July 2019 and became one of the first wave of companies listed in the SSE STAR market (a new Nasdaq-style stock exchange for tech companies).

We focus on core technologies of automation and digitization and provide smart digital products and integrated smart manufacturing solutions for customers in the automotive electronics, new energy, health care industries. We combine our experience and technology to better understand customer's needs of manufacturing upgrades and continues to provide excellent and efficient integrated smart manufacturing solutions and products to help customers to boost productivity.

Company Overview

Full name Suzhou Harmontronics Automation Technology Co.,Ltd
Abbreviations Harmontronics Automation
Code 688022
Founded 2007-01
Listing 2019-07-22
Domicile SIP, Suzhou
STAR Theme High-end Equipment
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.41 0.79 0.87
R&D expenditure as a % of operating revenue 8.27% 6.94% 4.50%
Operating Revenue 603.14 457.49 436.02
Net Income 43.30 68.50 71.11

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 603.14 457.49 436.02
Operating Costs 420.58 292.15 280.74
Operating Income 44.02 77.21 82.25
Pretax Income 44.98 77.18 82.86
Income Tax 1.67 8.67 11.75
Net Income 43.30 68.50 71.11

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,243.90 952.52 373.83
Non-current Assets-Total 382.19 188.33 113.46
Total Assets 1,626.09 1,140.85 487.29
Current Liabilities-Total 708.90 253.48 283.65
Non-current Liabilities-Total 23.22 13.76 16.44
Total Liabilities 732.12 267.24 300.09
Stockholder's Equity
Share Capital 720.29 713.38 94.36
Retained Profits 176.21 161.90 88.62
Minority interests -2.54 -1.67 4.22
Total Owners' Equity 893.97 873.61 187.20

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating -112.34 -11.14 60.17
Net Cash Flows-Investing 261.93 -466.49 -58.61
Net Cash Flows-Financing 191.40 587.87 30.15

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
苏州瀚川投资管理有限公司 36.49 33.79%
苏州瀚川德和投资管理合伙企业(有限合伙) 8.85 8.20%
天津华成智讯创业投资管理合伙企业(有限合伙)-天津华成智讯创业投资合伙企业(有限合伙) 5.99 5.55%
苏州瀚智远合投资管理合伙企业(有限合伙) 3.13 2.90%
江苏高投创新中小发展创业投资合伙企业(有限合伙) 2.62 2.42%
上海呈瑞投资管理有限公司-呈瑞和兴33号私募证券投资基金 2.31 2.14%
吴智勇 1.42 1.32%
刘德宏 1.39 1.29%
邹安琳 1.25 1.15%
北京博荣创投科技中心(有限合伙) 1.07 0.99%
31 Mar 2021

Legal Statement

All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.

Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.

Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.