Brief Introduction

Donglai Coating Technology (Shanghai) Co.,Ltd.("Donglai Technology", "Donglai") is committed to providing high performance coatings based on research of new chemical materials. We provide high-quality products including automotive refinish coatings, automotive interior and exterior coatings, and consumer electronics coatings,with well-recognized brands, Onwings? and Onwaves?.

Donglai Technology was founded on April 20, 2005, for the purpose of being the global leading brand of automotive coatings created by Chinese. We locate at serving middle and high-end markets. After years of efforts, we have successively obtained the OEM certifications from most of the world's automotive brands, including AUDI, Volvo, Faw-VW, Renault, Ford, Nissan, Peugeot Citroen, Toyota, Honda, Chery, Yutong, etc.

With high-quality products and integrated service based on innovative technology, Donglaiwas repeatedly awarded by important customers, including Annual Excellent Supplier 2019 from Dongfeng Nissan and Annual Excellent Spare Parts Supplier 2019 from Faw-vw.

"we might be unable to change the world, but we will change colors of the world." Donglai Technology will keep integrating industry capital and technology resources, provides solutions and value added services and finally achieve our vision of leading the trend and standards of refinish industry.

Company Overview

Full name Donglai Technology (Shanghai) Co.,Ltd
Abbreviations Donglai Technology
Code 688129
Founded 2005/4/20
Listing 2020/10/23
Domicile Shanghai
Website http://www.onwings.com.cn/
Email IR@onwings.com.cn
STAR Theme New Material
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.82 0.91 0.87
R&D expenditure as a % of operating revenue 6.26% 5.77% 5.06%
Operating Revenue 407.99 467.60 458.08
Net Income 78.35 81.99 78.14

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 407.99 467.60 458.08
Operating Costs 320.53 379.45 372.09
Operating Income 91.49 95.50 93.16
Pretax Income 90.55 95.48 92.77
Income Tax 12.19 13.49 14.64
Net Income 78.35 81.99 78.14

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 812.64 323.61 258.88
Non-current Assets-Total 73.58 76.99 79.66
Total Assets 886.22 400.60 338.54
Liabilities
Current Liabilities-Total 95.18 97.77 92.68
Non-current Liabilities-Total 0.50 0.43  
Total Liabilities 95.68 98.20 92.68
Stockholder's Equity
Share Capital 554.88 147.78 147.78
Retained Profits 226.46 154.62 98.08
Total Owners' Equity 790.53 302.40 245.87

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 93.29 70.15 85.45
Net Cash Flows-Investing -41.77 49.13 -69.92
Net Cash Flows-Financing 407.09 -27.40 -13.65

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
上海东来科技有限公司 53.35 44.46%
朱忠敏 20.72 17.27%
宁波梅山保税港区悦顺投资管理合伙企业(有限合伙) 4.50 3.75%
杭州先锋基石股权投资合伙企业(有限合伙) 3.00 2.50%
云南大博文化投资有限公司 2.70 2.25%
济宁先锋基石股权投资企业(有限合伙) 2.58 2.15%
上海亿宸投资管理有限公司-日照宸睿联合一期股权投资管理中心(有限合伙) 2.25 1.88%
上海东方证券创新投资有限公司 1.21 1.01%
上海浩鋆投资管理中心(有限合伙) 0.90 0.75%
黄培忠 0.68 0.57%
As of 2021-3-31

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