VeriSilicon Microelectronics (Shanghai) Co., Ltd. (VeriSilicon, 688521.SH) is committed to providing customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. Under the unique "Silicon Platform as a Service" (SiPaaS) business model, depending on the comprehensive IP portfolio, VeriSilicon can create silicon products from definition to test and package in a short period of time, and provides high performance and cost-efficient semiconductor alternative products for IDM, Fabless, system vendors (OEM/ODM) and large Internet companies, etc. VeriSilicon's business covers consumer electronics, automotive electronics, computer and peripheral, industry, data processing, Internet of Things and other applications.
VeriSilicon presents a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center, etc. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.
Founded in 2001 and headquartered in Shanghai, China, VeriSilicon has 6 design and R&D centers in China and the United States, as well as 11 sales and customer service offices worldwide. VeriSilicon currently has more than 1000 employees.
| Full name | VeriSilicon Microelectronics (Shanghai) Co., Ltd. |
|---|---|
| Abbreviations | VeriSilicon |
| Code | 688521 |
| Founded | 2001-08-21 |
| Listing | 2020-08-18 |
| Domicile | Shanghai |
| Website | https://www.verisilicon.com |
| ir@verisilicon.com | |
| STAR Theme | New Generation IT |
| CSRCSector | Information transmission, software and IT |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | -0.06 | -0.10 | -0.50 |
| R&D expenditure as a % of operating revenue | 35.25% | 31.72% | 32.85% |
| Operating Revenue | 1,506.13 | 1,339.91 | 1,057.50 |
| Net Income | -25.57 | -41.17 | -67.80 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 1,506.13 | 1,339.91 | 1,057.50 |
| Operating Costs | 1,513.21 | 1,364.28 | 1,116.20 |
| Operating Income | -7.08 | -24.37 | -58.70 |
| Pretax Income | -8.23 | -23.92 | -58.31 |
| Income Tax | 17.34 | 17.25 | 9.49 |
| Net Income | -25.57 | -41.17 | -67.80 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 2,609.25 | 985.69 | 677.29 |
| Non-current Assets-Total | 585.98 | 513.09 | 495.63 |
| Total Assets | 3,195.23 | 1,498.78 | 1,172.92 |
| Liabilities | |||
| Current Liabilities-Total | 557.46 | 514.90 | 923.10 |
| Non-current Liabilities-Total | 11.32 | 22.39 | 78.68 |
| Total Liabilities | 568.78 | 537.29 | 1,001.78 |
| Stockholder's Equity | |||
| Share Capital | 4,292.69 | 2,600.55 | 2,086.20 |
| Retained Profits | -1,666.24 | -1,639.06 | -1,915.07 |
| Total Owners' Equity | 2,626.45 | 961.49 | 171.14 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | -125.40 | -65.43 | -698.14 |
| Net Cash Flows-Investing | -1480.92 | -360.52 | 118.54 |
| Net Cash Flows-Financing | 1,661.40 | 401.05 | 123.82 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| VeriSilicon Limited | 77.88 | 15.95 |
| Wealth Strategy Holding Limited | 41.84 | 8.57 |
| China Integrated Circuit Industry Investment Fund Co., Ltd. | 34.72 | 7.11 |
| VeriSilicon Microelectronics (Shanghai) Co., Ltd. Unconfirmed Shareholders' Security Joint Account | 33.31 | 6.82 |
| Hubei Xiaomi Yangtze River Private Equity Fund | 27.19 | 5.57 |
| Gongqingcheng Shixing Investment Partnership (Limited Partnership) | 26.28 | 5.38 |
| Jiaxing Haicheng Investment Partnership (Limited Partnership) | 22.05 | 4.51 |
| Jiaxing Junxiang Investment Partnership (Limited Partnership) | 17.96 | 3.68 |
| Jiaxing Junlang Investment Management Partnership (Limited Partnership) | 17.63 | 3.61 |
| Hefei Huaxin Yiyuan Investment Partnership (Limited Partnership) | 17.22 | 3.53 |
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