Hangzhou Kelin Electric Co., Ltd., established 2002, is a high-tech company in the field of smart grid. We focuson the construction of power Internet of Things, and specialize in the researchanddevelopment, production and sales of intelligent devices, technical solutions and services for theintelligent health condition perception, diagnosis, and smart predictive maintenanceof electricalequipment.
Based on the leading advantages accumulated in emerging markets, we have actively implemented a diversified strategic layout around digitization, networking and intelligent technologies, and have formed dozens of series products covering the whole link of "power transmission, power transformation and power distribution" and the whole voltage range of "high voltage, super high voltage and ultra high voltage".We provide customers with personalized comprehensive solutions that meet their needs, Among them, intelligent sensing and diagnosis devices for the substation condition monitoring is our core cutting-edge products.
As an innovative high-tech enterprise, we have obtained more than 160 independent intellectual property rights; As the main drafting unit, we has participated in the formulation of six industrialstandards; As the sole undertaking unit, many projects of the company have been listed in the China-Torch Program, The National New Products Programand Primary Research and DevelopmentPlans of Zhejiang Province; We have won the first prize ofScientific and Technological Award of Zhejiang Province，the second prize ofScience and TechnologyAwardof China Electric Power and many other awards. We have also established provincial researchand developmentcenter, academician workstation and postdoctoral workstation, and will further enhance our product technologies via innovation , and strive to fulfill the mission of "a world renowned supplier and technology leader of intelligent solutions for internet of energy".
| Full name | Hangzhou Kelin Electric Co.,Ltd. |
|---|---|
| Abbreviations | Hangzhou Kelin |
| Code | 688611 |
| Founded | 2002-12-12 |
| Listing | 2021-04-12 |
| Domicile | Hangzhou |
| Website | www.kelinpower.com |
| klec@klec.com.cn | |
| STAR Theme | High-end Equipment |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 2.52 | 2.13 | 1.65 |
| R&D expenditure as a % of operating revenue | 9.10 | 8.77 | 8.06 |
| Operating Revenue | 237.12 | 200.62 | 162.33 |
| Net Income | 105.81 | 89.50 | 69.82 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 237.12 | 200.62 | 162.33 |
| Operating Costs | 127.10 | 105.59 | 88.78 |
| Operating Income | 123.82 | 104.68 | 81.01 |
| Pretax Income | 123.07 | 104.66 | 81.01 |
| Income Tax | 17.27 | 15.15 | 11.75 |
| Net Income | 105.81 | 89.50 | 69.26 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 364.34 | 298.95 | 254.29 |
| Non-current Assets-Total | 62.81 | 47.66 | 43.74 |
| Total Assets | 427.14 | 346.61 | 298.02 |
| Liabilities | |||
| Current Liabilities-Total | 76.82 | 103.62 | 146.4 |
| Non-current Liabilities-Total | 4.72 | 3.19 | 1.33 |
| Total Liabilities | 81.54 | 106.82 | 147.73 |
| Stockholder's Equity | |||
| Share Capital | 58.99 | 58.99 | 58.99 |
| Retained Profits | 286.61 | 180.81 | 91.3 |
| Total Owners' Equity | 345.60 | 239.79 | 150.29 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 85.49 | 67.05 | 121.78 |
| Net Cash Flows-Investing | -18.34 | 8.9 | -7.43 |
| Net Cash Flows-Financing | 0 | -45.00 | 0 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Dong Xie | 25.04 | 44.79 |
| Hangzhou Guangyi investment management partnership (limited partnership) | 5.14 | 9.19 |
| Xueming Mang | 1.54 | 2.76 |
| Fang Xie | 1.35 | 2.41 |
| Shangxian Zheng | 1.16 | 2.07 |
| Jian Wang | 1.16 | 2.07 |
| Fuxing Li | 0.77 | 1.38 |
| Zheshang Securities Investment Co., Ltd | 0.65 | 1.16 |
| Yanping Zhang | 0.58 | 1.03 |
| Chaohe Liu | 0.58 | 1.03 |
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