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
Website https://www.harmontronics.com/
Email info.cn@harmontronics.com
STAR Theme High-end Equipment
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  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
Assets
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
Liabilities
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

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