Brief Introduction

Established in 2008, Bonree Data Technology Co., Ltd. is a leading manufacturer of APM (Application Performance Management) technology in China that specializes in using data to empower IT operations and maintenance and help enterprises succeed in digital transformation.On August 17, 2020, the company was officially listed on the Science and Technology Innovation Board of Shanghai Stock Exchange (stock abbre.: Bonree, stock code: 688229).

As indicated in Gartner's China AIOps Market Guide Report, the company is the only manufacturer with both strong APM background and strong data analysis/AI capabilities.Relying on complete IT operation and maintenance monitoring capability, it has used big data and machine learning technology to build advanced intelligent operation and maintenance monitoring capability, which can cater to the most extensive use cases based on its own versatility, effectively control business costs, guarantee smooth operation of digital business, successful transactions and positive digitalization experience, and provide more targeted services to customers.

So far, the company has obtained 7 authorized invention patents, 63 software copyrights and 27 core technologies, and achieved a number of technological breakthroughs in APM – evidence of its strong technological advancement. Now, the company has established diversified cooperation with institutions and enterprises including CNNIC, CFCA, IATA, ISC, DCA, CTFIA and Huawei, and has become a member of authoritative organizations including the AIOps Standard Working Group and the IT Application Innovation Working Committee of China Electronics Standardization Association.

Adhering to the brand philosophy of "making IT operations smarter", the company,over its more than 10 years of operation, has set up marketing centers in Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, and R&D centers in Beijing, Wuhan and Xiamen.More than 80% of its existing employees are dedicated to technology.The constant focus on IT operation and maintenance monitoring technology allows the company to extend its solutions cover all branches of monitoring and management on IT operation and maintenance (DEM, APM, ITIM, NPM and intelligent operation and maintenance management), and these solutions are widely used in the Internet, finance, manufacturing, telecommunications-related services and e-commerce. The company partners with industry giants like Alibaba, Tencent, Baidu, Huawei, GuotaiJunan Securities, China CITIC Bank, and China Southern Airlines, includinga diversity of professional roles from IT operation and maintenance personnel, developer to technical support and front-end business personnel.

Company Overview

Full name Bonree Data Technology Co., Ltd.
Abbreviations Bonree
Code 688229
Founded 2008-02-29
Listing 2020-08-17
Domicile Beijing
Website https://www.bonree.com/
Email IR@bonree.com
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT services
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.84 1.83 1.57
R&D expenditure as a % of operating revenue 28.47% 18.88% 19.23%
Operating Revenue 138.84 164.54 153.20
Net Income 31.14 61.04 52.34

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 138.84 164.54 153.20
Operating Costs 30.86 31.76 26.24
Operating Income 32.62 68.73 58.63
Pretax Income 32.63 68.80 58.68
Income Tax 1.49 7.76 6.34
Net Income 31.14 61.04 52.34

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 819.46 228.68 189.67
Non-current Assets-Total 55.26 7.56 4.81
Total Assets 874.72 236.24 194.48
Liabilities
Current Liabilities-Total 33.83 32.34 31.64
Non-current Liabilities-Total - - -
Total Liabilities 33.83 32.34 31.64
Stockholder's Equity
Share Capital 688.17 37.92 37.92
Retained Profits 152.72 165.98 124.92
Total Owners' Equity 840.89 203.90 162.84

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 27.15 51.21 45.02
Net Cash Flows-Investing -123.90 -1.33 -0.49
Net Cash Flows-Financing 604.84 -19.98 -

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Kai Li 10.27 23.12%
Yunbiao Feng 5.06 11.41%
Xidong Meng 4.71 10.60%
Huapeng Wu 1.66 3.75%
Limin Wang 1.66 3.75%
Beijing Jiahexingli Investment Center (Limited Partnership) 1.65 3.72%
Beijing Yuanhenglihui Investment Center (Limited Partnership)  1.65 3.72%
Jiankang Hou 1.42 3.20%
Ruolei Jiao 1.28 2.87%
Sushang United PE Investment Fund 1.23 2.76%
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.