Brief Introduction

Shenzhen YHLO Biotech Co., Ltd. (YHLO) is a leading supplier of in-vitro diagnostic products in China, of which the main businessis research & development, production and sales of in-vitro diagnostic instruments and reagents mainly based on chemiluminescence immunoassay, as well as the distribution of medical devices not manufactured by YHLO.

Since its establishment in 2008, the company has independently developed in-vitro diagnostic products. After more than ten years of technical accumulation, the company's chemiluminescence immunoassay platform using magnetic particle labeled withacridinium ester is approaching perfection. At present, YHLO has established a complete product portfolio of high, medium and low-end instruments (including Total Laboratory Automation or TLA), and hasa complete and distinctive clinical diagnostic menu, a sound and stable product quality management system, and the top-levelcapability of R&D andcommercialization of in-vitro diagnostic products in China.

The company's core products have been widelyrecognized in the market, with a share of over 40% in top-level Chinese hospitals, forming an outstanding channel and brand advantage. The company has grown into one of the leading domestic chemiluminescence brands, with outstanding advantages in the diagnostic fields of autoimmune diseases, reproductive health, diabetes, infectious diseases and others. The compound growth rate of revenue of the company's own products exceeds 60% from 2018 to 2020.

Company Overview

Full name Shenzhen YHLO Biotech Co., Ltd.
Abbreviations YHLO
Code 688575
Founded 2008-09-17
Listing 2021-05-17
Domicile Shenzhen, Guangdong
Website http://www.szyhlo.com
Email ir@szyhlo.com
STAR Theme Biomedicine
CSRC Sector Manufacturing
Has weighted voting rights structure? N/A

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.58 0.30 0.11
R&D expenditure as a % of operating revenue 10.33% 9.29% 7.30%
Operating Revenue 999.01 877.36 728.64
Net Income 207.96 106.08 38.03

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 999.01 877.36 728.64
Operating Costs 397.96 432.67 440.19
Operating Income 246.57 126.01 50.13
Pretax Income 241.50 125.98 496.87
Income Tax 33.54 19.90 11.65
Net Income 207.96 106.08 38.03

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 793.88 630.28 450.67
Non-current Assets-Total 529.54 445.34 387.69
Total Assets 1,323.42 1,075.61 838.36
Liabilities
Current Liabilities-Total 520.55 379.13 356.18
Non-current Liabilities-Total 38.89 118.14 149.36
Total Liabilities 559.45 497.28 505.53
Stockholder's Equity
Share Capital 377.24 377.01 233.01
Retained Profits 390.55 202.39 99.82
Minority Interests -3.81 -1.07 -
Total Owners' Equity 763.98 578.34 332.83

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 282.16 68.34 29.71
Net Cash Flows-Investing -167.76 -146.54 -184.32
Net Cash Flows-Financing -8.76 142.44 133.55

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
胡鹍辉 158.69 39.18
深圳市普惠众联实业投资有限公司 33.18 8.19
何林 14.46 3.57
嘉兴睿耀股权投资合伙企业(有限合伙) 12.50 3.09
深圳市华德赛投资咨询合伙企业(有限合伙) 11.71 2.89
何石琼 11.20 2.77
彭少楷 9.63 2.38
深圳红土医疗健康产业股权投资基金合伙企业(有限合伙) 9.63 2.38
苏州礼瑞股权投资中心(有限合伙) 9.10 2.25
姚逸宇 7.63 1.88
As of 2021-05-14

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