Brief Introduction

Established in 2006, Beijing Worldia Diamond Tools Co., Ltd is a high-tech enterprise listed on the “SSE STAR MARKET” in Shanghai Stock Exchange on 22nd July, 2019 with stock abbreviation WORLDIA and stock code 688028. WORLDIA is a domestic leading and world-class supplier of super-hard cutting tools.

The main products and services are targeted at the global high-end super-hard cutting tools market which are widely used in super-high-precision cutting for touch screens, LCD panels, and other electronic glasses, and in high-precision cutting for core components of automotive powertrain and other advanced manufacturing fields. WORLDIA's products are sold through direct sales and distribution channels. The end users include Caterpillar USA, LG South Korea, BOE, Shenzhen China Star Optoelectronics Technology Co., Ltd, Tianma Microelectronics Co., Ltd., AU Optronics Corp, Dongxu Optoelectronics, etc., as well as the core component supplier of German Mercedes-Benz, Audi, BMW and other manufacturers.

WORLDIA has outstanding independent research and development strength and technology accumulation which enjoyed a leading position in the domestic industry. It has 208 domestic and foreign patents including 31 invention patents. The core technology includes “Super hard material micro-nano precision laser cutting technology”, “Vacuum environment processing technology”, “Ultrathin PCD blanks precision lapping and mirror polishing technology” and “Automatic equipment R&D technology”. The company will continue to enhance its research and development capabilities, further improve its competitiveness and strive to become a leading company in the field of super-hard materials and super-hard cutting tools by continuous efforts.

Company Overview

Full name Beijing Worldia Diamond Tools Co.,Ltd.
Abbreviations Worldia
Code 688028
Founded 2006-08-31
Listing 2019-07-22
Domicile Beijing
STAR Theme High-end Equipment
CSRC Sector Special equipment manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.62 0.88 1.10
R&D expenditure as a % of operating revenue 7.37 6.86 6.35
Operating Revenue 241.83 255.01 262.25
Net Income 49.49 60.02 66.30

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 241.83 255.01 262.25
Operating Costs 126.26 132.18 126.34
Operating Income 57.48 65.09 77.13
Pretax Income 57.23 68.69 76.89
Income Tax 7.74 8.67 10.59
Net Income 49.49 60.02 66.30

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 582.61 665.85 168.35
Non-current Assets-Total 315.51 244.47 212.82
Total Assets 898.12 910.32 381.17
Current Liabilities-Total 51.22 45.34 35.53
Non-current Liabilities-Total 3.00 - -
Total Liabilities 54.22 45.34 35.53
Stockholder's Equity
Share Capital 627.98 624.15 154.88
Retained Profits 215.92 240.83 190.76
Minority interests - - -
Total Owners' Equity 843.90 864.98 345.64

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 74.51 82.90 63.56
Net Cash Flows-Investing 231.96 -456.95 -62.00
Net Cash Flows-Financing -74.40 455.41 -21.00

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Jifeng Chen 38.20 47.75
ShanghaiXunXiang Investment Partnership (Limited Partnership) 2.91 3.64
TusPark Venture Fund III Co., Ltd. 1.48 1.85
Nuo Yang 1.43 1.78
Hongan Dai 1.01 1.26
Beijing HuachuangShengjing Investment Management Co., Ltd.-Beijing HuachuangShengjing Venture Investment Center(limited Partnership) Center L.P. 0.98 1.23
Suzhou Industrial Park HeyuanNortern Light Venture Capital Limited Partnership 0.95 1.19
CITIC Construction Investment Co., Ltd. 0.69 0.86
Tianjin Share Starry Sky Equity Investment Fund Partnership (Limited Partnership) 0.59 0.74
Wenlin Tang 0.45 0.56
As of 2021-03-31

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