Brief Introduction

Thinkon Semiconductor Jinzhou Corp. (ThinkonSemi), founded on July 24th 2013, was listed on the Shanghai Stock Exchange in February 2020 with the stock code being 688233. Ever since its establishment, ThinkonSemi has been concentrating on the R & D, production and marketing of semiconductor monocrystalline silicon. The company adheres to the enterprise mission of "to serve the people with technology, innovation and diligence" and focuses on the manufacturing of semiconductor monocrystalline silicon and processed products. We endeavor to be a trusted supplier of semiconductor IC manufacturers.

Currently, the company's core products include semiconductor large-diameter monocrystalline silicon materials, silicon parts and semi grade silicon polish wafers. In the field of large-diameter monocrystalline silicon materials, the company is capable of providing all specifications required ranging from 14 inch to 19 inch. With its strong R&D ability and traceable product consistency and reliability, ThinkonSemi successfully stepped into the exclusive semiconductor IC supply chain system soon enough after its establishment. So most of the company's customers are top parts makers designated by world-leading semiconductor equipment manufacturers, with majority of such parts being used in the advanced process of IC manufacturing. In recent years, the company has been continuously increasing R&D investment and making the best of their accumulated technical and personnel advantages to develop further and deeper in the domain of semiconductor parts and semi grade silicon polish wafers, with a focus on the products that are urgently needed by domestic IC manufacture yet strongly dependable on importation 15% for example, essential parts of the most advanced etchers, and light-doped low-defect silicon wafers which are of great technical difficulty. With the growing stability of manufacturing process and continuous improvement of yield on large-scale production, ThinkonSemi is expected to play a more and more important role on the semiconductor silicon parts and large-diameter silicon chips market.

Over the next few years, blessed with leading technical advantage, stable capacity, and high-quality overseas customer resources, the company will further enhance its overall competitiveness in the field of monocrystalline siliconmaterials, expand relevant product lines, and create greater value for the customers and shareholders.

Company Overview

Full name Thinkon Semiconductor Jinzhou Corp.
Abbreviations Thinkon Semi
Code 688233
Founded 07/24/2013
Listing 02/21/2020
Domicile Jinzhou
Website www.thinkon-cn.com
Email info@thinkon-cn.com
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.65 0.64 0.90
R&D expenditure as a % of operating revenue 9.32% 5.25% 3.86%
Operating Revenue 192,097,477.36 188,586,021.47 282,535,675.83
Net Income 100,276,468.28 76,949,820.93 106,575,958.78

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 192.10 188.59 282.54
Operating Costs 101.17 99.62 157.90
Operating Income 112.22 91.07 124.64
Pretax Income 112.33 89.93 124.23
Income Tax 12.05 12.98 17.65
Net Income 100.28 76.95 106.58

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 144.92 112.87 186.06
Non-current Assets-Total 393.10 191.54 174.91
Total Assets 1,348.57 384.65 360.97
Liabilities
Current Liabilities-Total 115.59 12.59 17.71
Non-current Liabilities-Total 21.13 11.36 8.90
Total Liabilities 136.72 23.94 26.61
Stockholder's Equity
Share Capital 160.00 120.00 249.80
Retained Profits 159.79 94.01 84.55
Total Owners' Equity 1,211.85 360.70 334.35

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 144.92 112.87 114.23
Net Cash Flows-Investing -478.28 0.33 -127.37
Net Cash Flows-Financing 746.05 -50.49 33.20

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
ASIA LAMP INDUSTRY(HK)LTD 37.00 23.13%
THINKON SEMICONDUCTOR TECHNOLOGY SHANGHAI CORPORATION 35.55 22.22%
Venture Capital Fund for Conversion of Scientific and Technological Achievements in Civil-Military Integration of Beijing CASIC (Limited Partnership) 34.84 21.78%
626 INVESTMENTS HOLDINGS LIMITED 5.34 3.34%
宁波梅山保税港区晶励投资管理合伙企业(有限合伙) 2.87 1.80%
宁波梅山保税港区航睿飏灏融创投资管理合伙企业(有限合伙) 1.67 1.04%
国泰君安证裕投资有限公司 1.62 1.01%
中国建设银行股份有限公司-信达澳银新能源产业股票型证券投资基金 1.22 0.76%
宁波梅山保税港区旭捷投资管理合伙企业(有限合伙) 1.21 0.76%
宁波梅山保税港区晶垚投资管理合伙企业(有限合伙) 1.01 0.63%
As of 2021-03-31

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