Brief Introduction

Since our inception in 2001, InHand Networks has been striving for a global leader in Industrial IoT (IIoT). We help customers of various vertical industries effectively collect and utilize massive data generated in production and operation, enhance productivity, facilitate decision making, and achieve smart upgrading.

InHand Networks is dedicated to the R&D and applications of IIoT technology, offering “cloud+edge” solutions for M2M/IoT communications. Our main products include IIoT communication devices such as industrial M2M cellular routers, cellular modems, edge computing gateways, industrial Ethernet switches, rugged computers and IoT management platforms, as well as innovative solutions including power distribution monitoring system, smart vending system, etc.

InHand Networks is committed to building its own high-end brand. Our products are widely used in energy, industrial automation, transportation, retail, healthcare, environment, etc. across major economies including China, US, Germany, UK and Italy. Among our customers and partners there are world renowned enterprises including State Grid, China Southern Power Grid, General Electric, Philips, etc., and we are proudly bearing the marks of AWS Select Technology Partner, Schneider Electric TPP Certified Technology Partner, and Rockwell Automation Encompass Product Partner in Asia-Pacific. With years of endeavor, we have achieved significant competitive edge, built a brand image featuring reliable products, advanced technology and trustworthy management, and equipped ourselves with the capabilities for global operation.

Company Overview

Full name Beijing InHand Networks Technology Co., Ltd.
Abbreviations InHand Networks
Code 688080
Founded May 29th 2001
Listing Feb 12th 2020
Domicile Beijing
Website https://www.inhand.com.cn/
Email inhand@inhand.com.cn
STAR Theme New Generation IT
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.80 1.32 1.18
R&D expenditure as a % of operating revenue 12.59% 10.52% 10.24%
Operating Revenue 310.81 296.65 276.43
Net Income 41.36 51.84 46.03

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 310.81 296.65 276.43
Operating Costs 165.15/td> 144.43 148.10
Operating Income 41.77 54.56 50.82
Pretax Income 44.74 58.74 53.17
Income Tax 3.38 6.91 7.15
Net Income 41.36 51.84 46.03

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 676.67 332.97 291.56
Non-current Assets-Total 67.42 46.34 29.78
Total Assets 744.09 379.31 321.34
Liabilities
Current Liabilities-Total 91.59 68.92 66.14
Non-current Liabilities-Total 0.40 0.40 0.00
Total Liabilities 91.99 69.32 66.14
Stockholder's Equity
Share Capital 447.12 133.40 133.40
Retained Profits 204.98 176.60 121.80
Total Owners' Equity 652.10 309.99 255.20

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 69.47 30.79 34.13
Net Cash Flows-Investing -16.57 -10.32 -12.55
Net Cash Flows-Financing 303.80 -6.71 4.90

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Li Ming 1046.99 19.97%
DFJ Changzhou Clean Technology Venture Capital Fund (Limited Partnership) 430.17 8.20%
Li Hongyu 413.91 7.89%
Shenzhen Younike investment management partnership (limited partnership) - Shenzhen Nanshan Astor innovation equity investment fund partnership (limited partnership) 252.52 4.82%
Han Chuanjun 249.07 4.75%
Yao Lisheng 210.19 4.01%
Zhang Jianliang 123.33 2.35%
Ningbo Meishan Bonded Port Area Ying Capital He Ding Investment Management Partnership(Limited Partnership) 105.70 2.02%
Beijing Feitu Kaiyuan Venture Capital Center (Limited Partnership) 78.60 1.50%
Shanghai Fengshiyang VentureCapital Fund (Limited Partnership) 76.78 1.46%
31 Mar 2021

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