Brief Introduction

Longyan Zhuoyue New Energy Co., Ltd. (referred to as "the company") is a professional renewable company focusing on manufacturing of biomass products, including biodiesel of UCOME, derivative industrial glycerin, biomass materials, and etc.

The company is the first domestic manufacturer engaged in the production of biodiesel using waste cooking oil.After nearly 20-year's development, the company has becomethe largest biodiesel manufacturer in China. It has four biodiesel production bases, with an annual production capacity of over 380,000 tons. At the same time, it also has two production bases for biomass materials, including biomass plasticizers, industrial glycerin and water-based alkyd resins,and etc.

The company has independent R&D institutions and technical teams, and has a national high-tech enterprise with strong independent innovation capability and industrial application capability. The company has established provincial technology center, key laboratories, engineering technology centersand some other scientific research platforms, and it has successively undertaken several important programs, including: "National Key New Product Plan", "National Torch Plan", "National Tenth Five-Year Science and Technology Research Plan", "National Eleventh Five-Year Science and Technology Supporting Program", "National Twelfth Five-Year Science and Technology Research Program", and it also achieved a large number of scientific and technological achievements.

The company was listed as a public company on the STAR Market of Shanghai Stock Exchange on November 21, 2019 (stock code: 688196).

Company Overview

Full name Longyan Zhuoyue New Energy Co., Ltd.
Abbreviations ZYXN
Code 688196
Founded 2001-11-01
Listing 2019-11-21
Domicile Longyan
STAR Theme New Energy
CSRC Sector Manufacturing
Has weighted voting rights structure? no



  2020 2019 2018
Earnings Per Share 2.02 2.33 1.49
R&D expenditure as a % of operating revenue 4.56% 4.70% 4.69%
Operating Revenue 1,598.40 1,294.53 1,017.54
Net Income 242.22 215.56 133.69

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 1,598.40 1,294.53 1,017.54
Operating Costs 1,352.63 1,035.60 858.02
Operating Income 258.16 219.82 139.97
Pretax Income 248.97 219.35 139.24
Income Tax 6.75 3.79 5.55
Net Income 242.22 215.56 133.69

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,118.43 1,706.97 459.69
Non-current Assets-Total 1,167.81 418.56 358.25
Total Assets 2,286.24 2,125.53 817.94
Current Liabilities-Total 48.68 42.54 149.40
Non-current Liabilities-Total 13.84 15.09 17.10
Total Liabilities 62.52 57.63 166.50
Stockholder's Equity
Share Capital 1,379.09 1,379.09 178.19
Retained Profits 844.63 688.81 473.25
Minority interests - - -
Total Owners' Equity 2,223.72 2,067.90 651.44

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 253.02 178.97 255.46
Net Cash Flows-Investing -184.41 -1,157.44 -76.05
Net Cash Flows-Financing -88.14 1,087.14 -11.34

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
龙岩卓越投资有限公司 58.50 48.75%
香港卓越國際控股有限公司 31.50 26.25%
英大证券投资有限公司 0.84 0.70%
徐跃烈 0.70 0.59%
UBSAG 0.59 0.49%
曹美君 0.40 0.33%
杭州遂玖资产管理有限公司-遂玖旭升1号私募证券投资基金 0.33 0.27%
杭州遂玖资产管理有限公司-遂玖钱潮5号私募证券投资基金 0.30 0.25%
中国农业银行-富国天瑞强势地区精选混合型开放式证券投资基金 0.27 0.23%
黄海军 0.26 0.22%
31 Mar 2021

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