Brief Introduction

Established on June 8, 2007, Polyrocks Chemical is a technological enterprise with self-innovated patents of various high-performance plastics. Our business including R&D, manufacturing and sales of flame retardants, modified plastics and plastic goods, which are widely used in festival lighting, electronic appliances, wires and cables, automobiles, medical and health care and many other sectors. We have established long-term relationshipwith internationally well-known customers, including AkzoNobel, Sika, PPG, Galanz, Midea, Nissan, Samsung and LG etc. Through research and innovation, we have developed an integrated industrial production chain from additives and polymers to plastic products, and we are seeking boarder portfolio combined with environmental protection and efficiency in the future.

Company Overview

Full name Polyrocks Chemical Co., Ltd
Abbreviations Polyrocks Chemical
Code 688669
Founded 2007-06-08
Listing 2021-01-25
Domicile B6 Xiongxing industrial park, High-tech Industrial development zone, Qingyuan City, Guangdong Province, China
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 2.27 1.44 0.67
R&D expenditure as a % of operating revenue 3.10 3.08 3.14
Operating Revenue 1,924,446,040.90 1,474,325,873.94 1,068,913,262.79
Net Income 194,155,154.10 120,648,429.27 45,208,795.13

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 1,924,446,040.90 1,474,325,873.94 1,068,913,262.79
Operating Costs 1,681,140,064.01 1,339,869,320.53 1,025,180,347.23
Operating Income 242,950,972.86 136,642,325.83 48,743,474.10
Pretax Income 237,622,847.25 136,099,683.41 48,578,622.13
Income Tax 43,467,693.15 15,451,254.14 3,369,827.00
Net Income 194,155,154.10 120,648,429.27 45,208,795.13

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,160,003,212.97 913,301,303.14 700,828,711.41
Non-current Assets-Total 519,024,580.49 361,017,321.16 301,686,283.15
Total Assets 1,679,027,793.46 1,274,318,624.30 1,002,514,994.56
Current Liabilities-Total 828,025,940.26 625,474,042.43 528,206,797.46
Non-current Liabilities-Total 105,231,548.23 79,057,430.52 51,735,660.47
Total Liabilities 933,257,488.49 704,531,472.95 579,942,457.93
Stockholder's Equity
Share Capital 201,902,642.28 201,902,642.28 177,902,642.28
Retained Profits 451,219,812.76 307,486,443.48 215,252,047.81
Total Owners' Equity 745,770,304.97 569,787,151.35 422,572,536.63

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 66,301,944.46 63,087,144.45 -18,847,517.84
Net Cash Flows-Investing -198,142,987.17 -78,579,144.54 -101,465,111.56
Net Cash Flows-Financing 146,376,430.08 50,833,080.96 102,738,005.57

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
广州市石磐石投资管理有限公司 36,800,000 52.57
广东国民凯得科技创业投资企业(有限合伙) 4,900,000 7.00
陈钢 4,660,050 6.66
杨正高 3,308,000 4.73
清远聚创科技投资有限公司 2,500,000 3.57
深圳宝创共赢产业投资基金合伙企业(有限合伙) 2,050,000 2.93
中泰创业投资(深圳)有限公司 2,037,500 2.91
清远市聚富投资管理企业(有限合伙) 1,511,250 2.16
湛江中广创业投资有限公司 1,500,000 2.14
安宁 1,400,000 2.00
As of 2020-12-31

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