Brief Introduction

Lifotronic is a national high-tech enterprise committed to the research, development, production, marketing, sales and service of a wide range of treatment and rehabilitation equipment, in vitro diagnostic devices and reagents. The company is highly market oriented and mainly drivenby technology innovations.

Lifotronic was listed on SSE STAR Market on November 5, 2019. (Stock symbol: Lifotronic Technology, Stock code: 688389).

Lifotronic won the first place of National Science and Technology Progress Award as well as an Outstanding Award of CAIA. The company also established an academician workstation that was accredited by six ministries of China central government, a Guangdong provincial engineering technology research center, a Shenzhen municipal engineering technology research center, a Shenzhen municipal engineering laboratory, a Shenzhen municipal enterprise technology center as well as a postdoctoral innovation practicebase. In addition, Lifotronic has undertaken more than 20 R&D and industrialization projects at national, provincial and urban levels respectively.

In the treatment and rehabilitation sector, Lifotronic provides multiple clinical disciplines with professional and customized solutions based on its diversified technologies and products.

As for in vitro diagnosis, Lifotronic develops independently a full range of devices and reagents on itsmethodology platforms of electrochemiluminescence, immunoturbidimetry, liquid chromatography, immunofluorescence, hemagglutination mechanics and molecular diagnosis.

Lifotronic has built over the last decade a state-of-the-art system for the research, development, manufacturing, sales, service and quality control of medical devices. So far, its products have been installed and used in more than 15,000 hospitals, among them over 1,600 are tertiary, making Lifotronic a reliable supplier for hospitals across all levels.

Company Overview

Full name Shenzhen Lifotronic Technology Co., Ltd.
Abbreviations Lifotronic
Code 688389
Founded 2008-01-16
Listing 2019-11-05
Domicile Shenzhen
Website www.lifotronic.com
Email bod@lifotronic.com
STAR Theme Biomedicine
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.34 0.26 0.21
R&D expenditure as a % of operating revenue 18.66% 18.44% 20.61%
Operating Revenue 553.82 422.64 323.43
Net Income 143.97 100.56 81.14

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 553.82 422.64 323.43
Operating Costs 216.70 166.92 130.76
Operating Income 156.53 113.13 89.65
Pretax Income 156.22 112.98 89.67
Income Tax 12.26 12.42 8.53
Net Income 143.97 100.56 81.14

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 957.62 891.82 582.93
Non-current Assets-Total 331.92 287.14 229.00
Total Assets 1,289.54 1,178.96 811.93
Liabilities
Current Liabilities-Total 132.69 101.82 107.84
Non-current Liabilities-Total 13.29 27.47 35.69
Total Liabilities 145.98 129.29 143.53
Stockholder's Equity
Share Capital 906.69 906.69 565.97
Retained Profits 236.26 142.98 102.42
Minority Interests 0.61 - -
Total Owners' Equity 1143.56 1049.67 668.39

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 136.42 91.82 81.14
Net Cash Flows-Investing -57.45 -66.01 -58.21
Net Cash Flows-Financing -50.59 277.68 -3.37

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
刘先成 122.35 28.98%
深圳瀚钰生物科技合伙企业(有限合伙) 34.17 8.09%
深圳瑞源成健康产业投资管理中心(有限合伙) 29.46 6.98%
深圳瑞普医疗技术研究所(有限合伙) 28.84 6.83%
曾映 18.81 4.46%
胡明龙 18.81 4.46%
徐岩 12.54 2.97%
北京华泰瑞合医疗产业投资中心(有限合伙) 10.99 2.6%
深圳市创新投资集团有限公司 10.01 2.37%
深圳市红土孔雀创业投资有限公司 8.59 2.03%
As of 2021-03-31

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