Brief Introduction

Shanghai Friendess Electronics Technology Co., Ltd. (shorted as FRIENDESS) is a high-tech and key-software enterprise which develops, produces and sells industrial automation control systems, and its main business is to provide all kinds of automation products as core of laser cutting systems for various laser cutting equipment manufacturers. As one of the first batch of private enterprises engaged in the development of unitized optical fiber laser cutting control systems, FRIENDESS is committed to providing stable and efficient automatic control solutions for laser processing, and promoting the development of industrial automation in China. After years of accumulation, FRIENDESS has mastered advanced height-following control technology and laser cutting control technology, and is in the leading position in the field of medium-power laser processing control systems, providing complete sets of system solutions for more than 500 laser processing equipment manufacturers.

Company Overview

Full name Shanghai Friendess Electronic Technology Corporation Limited
Abbreviations Shanghai Friendess
Code 688188
Founded 2007.09.11
Listing 2019.08.08
Domicile Shanghai
Website www.fscut.com
Email bochu@fscut.com
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT services
Has weighted voting rights structure? N

Financials

Highlights

  2020 2019 2018
Earnings Per Share 3.71 2.96 1.86
R&D expenditure as a % of operating revenue 14.38% 10.99% 11.47%
Operating Revenue 570.83 376.07 245.26
Net Income 369.61 246.14 139.28

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 570.83 376.07 245.26
Operating Costs 263.75 157.28 116.78
Operating Income 395.42 260.12 151.30
Pretax Income 408.72 266.48 157.76
Income Tax 39.11 20.34 18.48
Net Income 369.61 246.14 139.28

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 2,390.75 2,065.69 345.47
Non-current Assets-Total 220.68 155.03 20.58
Total Assets 2,611.43 2,220.72 366.05
Liabilities
Current Liabilities-Total 116.90 54.54 68.05
Non-current Liabilities-Total   15.91 7.86
Total Liabilities 116.90 70.45 75.91
Stockholder's Equity
Share Capital 1,868.66 1,820.62 208.93
Retained Profits 624.11 327.52 81.21
Minority interests 1.76 2.13  
Total Owners' Equity 2,494.53 2,150.27 290.14

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 362.47 239.90 139.38
Net Cash Flows-Investing -39.71 -1,704.71 25.86
Net Cash Flows-Financing -74.00 1,567.13 -57.01

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
唐晔 21.00 21.00%
代田田 16.43 16.43%
卢琳 14.25 14.25%
万章 12.75 12.75%
谢淼 9.00 9.00%
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 1.21 1.21%
中国建设银行股份有限公司-易方达国防军工混合型证券投资基金 1.16 1.16%
中国工商银行股份有限公司-泓德远见回报混合型证券投资基金 1.11 1.11%
招商银行股份有限公司-泓德臻远回报灵活配置混合型证券投资基金 1.01 1.01%
全国社保基金四零六组合 1.01 1.01%
31 Mar 2021

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