Brief Introduction

Swancor Advanced Materials Co., Ltd. (Stock Code: 688585) was established in 2000, with plants in Shanghai, Tianjin, Jiangsu, Nantou and Malaysia. Headquartered in Shanghai, its main business is the R & D, production and sales of environmentally friendly high-performance corrosion-resistant materials, wind turbine blade materials, and new composite materials.

The technology level of Swancor is advanced in the industry, the ownership of core technology is used in the mass production of the company's products clearly and maturely. The company has more than 70 patents at home and abroad, and has formed more than 10 core technologies covering product formula, production process, etc., which have been applied in the main business products and have the ability to transform scientific and technological achievements into real productivity. Swancor also has standard laboratories certified by DNV-GL and China National Accreditation Service for conformity assessment (CNAS) and corresponding key R & D equipment. It is one of the few enterprises with standard laboratories in China.

The operation and management of the company has passed the professional certification of ISO 9001, ISO 14001 and ISO 45001. Swancor products have passed the certification of Lloyd's, DNV-GL and other authoritative organizations with excellent product quality, which has been recognized by well-known customers at home and abroad, with significant brand influence.

Company Overview

Full name Swancor Advanced Materials Co., Ltd
Abbreviations Swancor Advanced Materials
Code 688585
Founded 2000-10-25
Listing 2020-09-28
Domicile Shanghai
STAR Theme New Materials
CSRC Sector Chemical raw materials and chemical products industry
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.32(元) 0.22(元) 0.07(元)
R&D expenditure as a % of operating revenue 1.55% 1.89% 2.09%
Operating Revenue 1,945.96 mn 1,348.72 mn 1,238.08 mn
Net Income 118.95mn 78.27 mn 24.38 mn

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 1,945.96 1,348.72 1,238.08
Operating Costs 1646.65 1,084.32 1,055.84
Operating Income 158.91 112.28 28.25
Pretax Income 151.92 100.17 28.78
Income Tax 32.97 21.90 4.41
Net Income 118.95 78.27 24.38

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,726.17 1,096.71 990.48
Non-current Assets-Total 261.77 249.26 247.66
Total Assets 1,987.94 1,345.97 1,238.14
Current Liabilities-Total 923.40 484.53 447.48
Non-current Liabilities-Total 0 0 0
Total Liabilities 923.40 484.53 447.48
Stockholder's Equity
Share Capital 722.47 640.62 639.67
Retained Profits 342.07 220.82 150.99
Total Owners' Equity 1,064.54 861.44 790.66

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating -59.37 44.09 -146.04
Net Cash Flows-Investing -28.35 -14.23 135.05
Net Cash Flows-Financing 167.74 11.41 -21.52

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
SWANCOR IND. CO., LTD. 258.23 64.04
Strategic Capital Holding Limited 61.29 15.20
金风投资控股有限公司 36.00 8.93
上纬新材料科技股份有限公司未确认持有人证券专用账户 3.39 0.84
申银万国创新证券投资有限公司 1.51 0.38
中信里昂资产管理有限公司-客户资金 1.20 0.30
王莹 0.79 0.20
中国国际金融香港资产管理有限公司-CICCFT9(QFII) 0.52 0.13
中国国际金融香港资产管理有限公司-客户资金2 0.48 0.12
金飚 0.46 0.11

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