Brief Introduction

HANGZHOU TOKA INK CO., LTD. mainly engages in the R&D, production and sales of energy-saving and environmental-friendly ink products, digital materials and functional materials. Our main products include UV ink series products, offset printing ink series products and liquid ink series products. We are one of the very few comprehensive ink companies in China that can provide various types of ink products in different application fields including UV ink, offset ink, liquid ink and digital jet printing ink, etc., being able to meet the different needs of most end customers in the printing industry and providing complete solutions. As a leading provider of comprehensive ink products and printing solution services, our products have covered the main energy-saving and environmental-friendly ink product types in the market.

After more than 30 years of continuous investment in research, we have developed independent core technology in the formulation design, production process, and testing technology of energy-saving and environmental-friendly printing ink products. We have the ability to continuously innovate and improve the design, optimization and process of the related products in order to maintain the competitive strength of our products. We have capable technical and managerial staff in various levels. We hold nearly 20 invention patents and the core technology of UV ink, offset printing ink and liquid ink, as well as the first printing technology research lab and the leading national CNAS certified analysis and testing center in the printing ink industry.We have presided over/participated in drafting more than 30 state/industrial standards related to ink products. In addition, we are the only one selected as China's Model Enterprise for Green Design of Industrial Products in the ink industry and were included in the List of Development of Innovative Leading Enterprises of Zhejiang in 2019.

We will keep focusing on customers, develop together with customers, emphasize technology innovation, take quality assurance as the fundamental foothold, continue to center on environmental-friendly ink as our main business, and further invest in and build China's advanced environmental-friendly ink production base and new material R&D center, and strive to become a world first-rate ink manufacturing enterprise.

Company Overview

Abbreviations HANGZHOU TOKA
Code 688571
Founded 1988-12-05
Listing 2020-12-11
Domicile Hangzhou
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.46 0.38 0.28
R&D expenditure as a % of operating revenue 3.97% 4.10% 4.37%
Operating Revenue 987.05 1,007.62 966.13
Net Income 109.73 91.11 67.45

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 987.05 1,007.62 966.13
Operating Costs 721.04 755.72 738.25
Operating Income 125.54 103.45 75.26
Pretax Income 124.93 102.44 74.95
Income Tax 15.20 11.33 7.50
Net Income 109.73 91.11 67.45

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,323.95 890.09 854.32
Non-current Assets-Total 335.43 324.90 261.75
Total Assets 1,659.38 1,214.99 1,116.07
Current Liabilities-Total 344.39 334.55 293.99
Non-current Liabilities-Total 2.66 3.11 3.56
Total Liabilities 347.05 337.66 297.55
Stockholder's Equity
Share Capital 911.78 544.31 544.31
Retained Profits 398.18 328.95 270.98
Minority Interests 2.37 4.06 3.23
Total Owners' Equity 1,312.33 877.32 818.52

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 131.05 132.78 68.00
Net Cash Flows-Investing -355.33 -39.93 -91.91
Net Cash Flows-Financing 327.16 -31.84 -21.71

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Hangzhou Industrial Investment Group Co., Ltd. 120.00 37.50%
T&K TOKA CO.,LTD. 107.21 33.50%
杭州协丰投资管理合伙企业(有限合伙) 12.79 4.00%
Zheshang Securities Investment Co., Ltd. 3.54 1.11%
Jing Wen 0.76 0.24%
Chen Kening 0.60 0.19%
Xie Aizhen 0.53 0.17%
Zhang Lei 0.45 0.14%
Chen Kejun 0.45 0.14%
Dai Xuerong 0.39 0.12%
As of 2021-03-31

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