Brief Introduction

Advanced Micro-Fabrication Equipment Inc. China (AMEC, stock code: 688012) is an innovative global micro-fabrication equipment company serving customers in the semiconductor industry and adjacent high-tech sectors. We provide state-of-the-art equipment, process expertise, and stellar support to customers in front-end semiconductor manufacturing, back-end wafer level packaging, LED production, MEMS applications, and other semiconductor fabrication processes. AMEC is an entrenched supplier of dielectric and TSV etch tools, helping chipmakers build devices at process nodes as low as 5nm. In addition, AMEC's MOCVD tools are deployed in volume production by leading global manufacturers of LEDs and power devices with dominant position in GaN LED MOCVD market in 2018. AMEC products are deployed today by technology leaders in countries/regions like Mainland China and Taiwan, Singapore, Korea, Japan, Germany, Italy and Russia.

Company Overview

Full name Advanced Micro-Fabrication Equipment Inc. China
Abbreviations AMEC
Code 688012
Founded 2004-05-31
Listing 2019-07-22
Domicile Shanghai
Website http://www.amec-inc.com
Email IR@amecnsh.com
STAR Theme New Generation IT
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.92 0.37 0.20
R&D expenditure as a % of operating revenue 28.14% 21.81% 24.65%
Operating Revenue 2,273,291,898.06 1,946,949,250.75 1,639,288,330.40
Net Income 492,306,518.50 188,582,806.72 90,836,801.20

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 2,273.29 1,946.95 1,639.29
Operating Costs 1,417.05 1,266.89 1,492.15
Operating Income 514.82 197.92 147.14
Pretax Income 512.70 198.38 147.22
Income Tax 20.39 9.80 56.39
Net Income 492.31 188.58 90.84

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 4,197.63 3,846.29 2,856.07
Non-current Assets-Total 1,603.24 927.76 676.61
Total Assets 5,800.88 4,774.05 3,532.68
Liabilities
Current Liabilities-Total 1,232.63 896.10 1,349.05
Non-current Liabilities-Total 198.94 126.74 67.26
Total Liabilities 1,431.57 1,022.84 1,416.31
Stockholder's Equity
Share Capital 4,354.20 4,223.76 2,779.33
Retained Profits 14.86 -472.68 -662.92
Minority Interests 0.25 0.14 -0.04
Total Owners' Equity 4,369.31 3,751.21 2,116.37

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 846.29 133.27 261.11
Net Cash Flows-Investing -536.85 -1,328.94 -603.40
Net Cash Flows-Financing 0.54 1,367.94 730.84

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
上海创业投资有限公司 96.38 18.02%
巽鑫(上海)投资有限公司 93.34 17.45%
南昌智微企业管理合伙企业(有限合伙) 30.64 5.73%
Advanced Micro-Fabrication Equipment Inc. Asia 24.82 4.64%
嘉兴悦橙投资合伙企业(有限合伙) 15.08 2.82%
中国工商银行股份有限公司-诺安成长股票型证券投资基金 14.72 2.75%
国开创新资本投资有限责任公司 14.14 2.64%
GRENADE PTE. LTD. 11.44 2.14%
BOOTES PTE. LTD. 11.12 2.08%
嘉兴创橙投资合伙企业(有限合伙) 9.42 1.76%
31 Mar 2021

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