Brief Introduction

Zhejiang Lante Optics Co., Ltd was formerly known as JiaxingLante Optics Coating Factory, founded in 1995. The company is located in Honghe Town, Xiuzhou District, Jiaxing City, in the center of Shanghai and Hangzhou. It covers an area of 120,000 square meters and a building area of 160,000 square meters. There are more than 600 employees.

Company has successfully passed ISO9001 quality system certification, ISO14001 environmental system certification, automotive industry IATF16949 system certification and introduced 6S quality assurance system, and has been rated as a high-tech enterprise in Zhejiang Province for many times. The company mainly produces prisms, lenses,glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobilephone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.

Company Overview

Full name Zhejiang Lante Optics Co.,Ltd
Abbreviations Lante Optics
Code 688127
Founded 2003-09-04
Listing 2020-09-21
Domicile Jiaxing
Website http://www.lante.com.cn
Email IR@lante.com.cn
STAR Theme Others
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.49 0.32 0.34
R&D expenditure as a % of operating revenue 6.20% 7.34% 6.34%
Operating Revenue 438.93 334.09 394.66
Net Income 183.08 116.10 113.94

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 438.93 334.09 394.66
Operating Costs 185.87 154.69 175.50
Operating Income 212.46 134.83 140.76
Pretax Income 212.38 134.51 140.50
Income Tax 29.30 18.41 26.56
Net Income 183.08 116.10 113.94

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 966.29 304.22 306.76
Non-current Assets-Total 569.78 569.62 501.98
Total Assets 1,536.07 873.84 808.74
Liabilities
Current Liabilities-Total 72.20 147.99 109.80
Non-current Liabilities-Total 79.78 79.98 73.92
Total Liabilities 151.98 227.97 183.72
Stockholder's Equity
Share Capital 976.11 420.98 330.81
Retained Profits 407.99 225.00 294.28
Minority Interests -0.02 -0.10 -0.07
Total Owners' Equity 1,384.09 645.87 625.02

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 233.80 202.64 215.50
Net Cash Flows-Investing -696.56 -159.75 -327.05
Net Cash Flows-Financing 480.67 -50.98 30.49

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Xu Yunming 150.69 37.41%
Wang Fangli 54.41 13.51%
Wang Xiaoming 18.89 4.69%
Zhang Yinsheng 16.33 4.05%
Hangzhou Yuanning Huixin Investment&Partnner 14.20 3.52%
Boxin Growth Private Equity Fund Partnership 11.36 2.82%
Jiaxin Lantuo Investment&Partnner 8.52 2.11%
Xu Zhou 6.29 1.56%
Zhejiang Jiaxin Silk Corp.,Ltd. 5.68 1.41%
Lanson Investment Co,Ltd 5.68 1.41%
As of 2021-03-31

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