Brief Introduction

Since its establishment, Beijing Succeeder Technology Inc. has been engaged in the business for R&D, production and sales of instruments, reagents and consumables in the field of thrombosis and hemostasis in vitro diagnostics, providing medical institutions with coagulation, hemorheology, erythrocyte sedimentation rate and hematocrit, platelet aggregation and other automated instruments as well as original reagents and consumables, is a leading Chinese domestic manufacturer in the field of in vitro diagnosis of thrombosis and hemostasis.

Succeeder mainly adopts the business model of "autonomous R&D and production, sales-based production, production-based ordering, and distribution-oriented", and has formed a product system with autonomous core technology that integrates instruments, reagents and consumables, focusing on the development of coagulation testing products and hemorheology testing products, while continuously developing and innovating in product specialization, serialization and automation; and forming two major product series of blood coagulation and hemorheology, and series products with differentiated positioning, which can meet the demand of different levels of terminal medical institutions.

Succeeder has obtained 26 patents, 5 of which are invention patents; the self-developed thrombosis and hemostasis in vitro diagnostic products have obtained 21 medical device product registration certificates, including: 14 blood coagulation products, 5 hemorheology products, 1 item of erythrocyte sedimentation rate product, 1 item of platelet product.

Succeeder products cover the main testing items in the field of thrombosis and hemostasis in vitro diagnostics. Succeeder products are being installed in more than 8,000 domestic terminal medical institutions, including more than 800 large general hospitals, which can meet the main testing demand of the terminal medical institutions forin vitro diagnosis of thrombosis and hemostasis.

Company Overview

Full name Beijing Succeeder Technology Inc.
Abbreviations Succeeder
Code 688338
Founded 2003-05-28
Listing 2020-08-06
Domicile Shanghai
Website  
Email investor@succeeder.com.cn
STAR Theme Biomedicine
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.99 Yuan/Share 1.19 Yuan/Share 1.00 Yuan/Share
R&D expenditure as a % of operating revenue 6.01% 6.04% 6.39%
Operating Revenue 222.40 229.57 200.09
Net Income 69.19 71.04 56.71

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 222.40 229.57 200.09
Operating Costs 140.20 149.16 136.69
Operating Income 84.81 81.72 65.46
Pretax Income 79.84 81.69 65.46
Income Tax 10.66 10.65 8.75
Net Income 69.19 71.04 56.71

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 1327.93 381.76 200.28
Non-current Assets-Total 73.54 44.93 42.65
Total Assets 1401.46 426.69 242.94
Liabilities
Current Liabilities-Total 43.74 50.84 46.18
Non-current Liabilities-Total 1.57 1.15 1.10
Total Liabilities 45.31 52.00 47.28
Stockholder's Equity
Share Capital 1117.50 193.23 85.23
Retained Profits 238.66 181.47 110.43
Total Owners' Equity 1356.15 374.69 195.65

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 72.27 60.94 58.15
Net Cash Flows-Investing -32.29 -5.10 -3.85
Net Cash Flows-Financing 906.91 105.69 -4.04

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
吴仕明 28.30 34.66
张海英 4.86 5.96
祝连庆 3.65 4.47
宁波君度尚左股权投资合伙企业(有限合伙) 3.40 4.17
张嘉翃 2.43 2.98
北京赛诺恒科技中心(有限合伙) 2.27 2.78
LYFE Denali Limited 2.27 2.78
吴桐 2.09 2.56
晏巧霞 1.46 1.79
王小青 1.12 1.37
31 Dec 2020

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