Brief Introduction

Primeton Information Technologies, Inc. was established in 2003 and listed on the SSE STAR MARKET in December 2019 (Stock Code: 688118), prides itself on being a professional provider in software foundation platforms, focusing on the construction of independent and controllable software infrastructure for finance, telecommunication, government affairs, energy, advanced manufacturing and other industries. Relying on the software foundation platforms series products and perfect solutions independently developed by Primeton Information, it helps customers reshape their IT architecture and enhance their digital transformation capabilities.

Primeton Information series of products and solutions have been widely used in finance, telecommunication, government affairs, energy, advanced manufacturing and other industries, and have been unanimously recognized by over 1,000 large and medium-sized clients and partners in various industries. Primeton Information has been recognized as a key software enterprise within the national planning scope for ten consecutive years, and has obtained a number of honors and qualifications, such as the National Enterprise Technology Center, the National High-Tech Industrialization Demonstration Engineering Unit, and continuously passed the International Software Capability Maturity Model Integration (CMMI) Level 5 Certification. The company's products have won a great quantity awards, such as "Shanghai Science and Technology Progress Award" and "Shanghai Excellent Software Product." Primeton Information headquartered in Shanghai, has branches or R&D centers in Beijing, Guangzhou, Xi'an, Wuhan and other places to ensure that customers receive timely R&D and technical support.

Facing the future of digital intelligence, Primeton Information takes accelerating the digital operation of customers as its vision, takes helping China's information technology innovation industry as its mission, takes root in vertical strategic industries, and actively serves a wide range of horizontal customer groups.

Company Overview

Full name Primeton Information Technologies, Inc.
Abbreviations Primeton Information
Code 688118
Founded 2003-03-26
Listing 2019-12-04
Domicile Shanghai
Website www.primeton.com
Email info@primeton.com
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.33 0.70 0.72
R&D expenditure as a % of operating revenue 15.73% 13.92% 13.63%
Operating Revenue 360.72 395.98 340.19
Net Income 31.37 50.27 48.03

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 360.72 395.98 340.19
Operating Costs 158.90 160.38 133.24
Operating Income 27.87 53.26 51.48
Pretax Income 31.16 53.45 52.63
Income Tax -0.21 3.17 4.60
Net Income 31.37 50.27 48.03

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 1,061.73 1,074.62 379.22
Non-current Assets-Total 27.76 13.83 14.09
Total Assets 1,089.49 1,088.45 393.31
Liabilities
Current Liabilities-Total 110.92 124.65 114.03
Non-current Liabilities-Total 0.55 0.98 1.28
Total Liabilities 111.47 125.63 115.31
Stockholder's Equity
Share Capital 772.02 772.02 137.46
Retained Profits 206.01 190.81 140.53
Total Owners' Equity 978.02 962.82 278.00

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 18.45 -1.03 19.93
Net Cash Flows-Investing 126.41 -543.99 -3.04
Net Cash Flows-Financing -24.38 643.36 -33.39

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Yadong Liu(刘亚东) 22.77 23.87%
Ningbo Meishan Bonded Port Area JunduDerui Equity Investment Management Center(L.P.)(宁波梅山保税港区君度德瑞股权投资管理中心(有限合伙)) 8.73 9.15%
Lan Wang(王岚) 4.40 4.61%
Shanghai Wangsu Chenhui Equity Investment Fund Partnership (L.P.)(上海网宿晨徽股权投资基金合伙企业(有限合伙)) 3.34 3.50%
Yubao Yang(杨玉宝) 3.14 3.29%
Lieyan Jiao(焦烈焱) 1.77 1.86%
Yongjun Nie(聂拥军) 1.76 1.84%
Heguang Equity Partnership(天津和光股权投资基金合伙企业(有限合伙)) 1.72 1.80%
Jianwei Si(司建伟) 1.69 1.78%
Keqiang Wang(王克强) 1.60 1.67%
As of 2021-03-31

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.