Brief Introduction

Newtouch is a leading software provider in China, which mainly provides science and technology services for insurance companies, banks and other financial institutions as well as terminal clients in other fields and engages in consulting planning, design, development, O&M and other software development services and outsourcing services for primary software contractors. The company keeps its leading role in intelligent channel, big data platform, risk control and early warning and other Fintech segments in these years.

Main clients of Newtouch are CPIC, China Life, PICC, Bank of Communications, China Construction Bank, China Telecom, China Mobile, China Union, SAIC Motor, Fosun Group, NEC, Fujtsu, TIS, Panasonic and other leading enterprises from various industries.

Newtouch has undertaken many important scientific research projects or R&D industrialization projects in Shanghai and jointly recognized as the “key software enterprise in national planning layout” by National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Commerce, Ministry of Finance, and State Taxation Administration, is a “High-tech Enterprise”, “Shanghai Enterprise Technology Center”, “Shanghai Small Giant Science and Technology Enterprise”, and “Top 100 Shanghai Software Enterprises”, and also been rated as “Shanghai Star Software Enterprise” for several consecutive years. The company has obtained more than 300 software copyrights. Moreover, over 20 products of Newtouch have been rated as excellent cases and products for Shanghai mobile internet sector. Furthurmore, Newtouch has mutiple certificates for software enterprise and software product, not only ISO27001 and ISO9001 quality system certifications but also CMMI5.

Company Overview

Full name Shanghai Newtouch Software Co.,Ltd.
Abbreviations Newtouch Software
Code 688590
Founded 1994-06-04
Listing 2020-12-07
Domicile Shanghai
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.58 0.58 0.44
R&D expenditure as a % of operating revenue 9.40 8.18 7.82
Operating Revenue 1,074.28 1,117.70 993.36
Net Income 85.13 85.31 65.12

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 1,074.28 1,117.70 993.36
Operating Costs 724.45 776.73 716.80
Operating Income 91.33 88.77 63.53
Pretax Income 90.41 90.78 67.15
Income Tax 5.28 5.47 2.03
Net Income 85.13 85.31 65.12

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 1,800.56 1,133.63 917.07
Non-current Assets-Total 226.09 217.26 231.32
Total Assets 2,026.66 1,350.89 1,148.40
Current Liabilities-Total 813.65 643.50 518.26
Non-current Liabilities-Total 29.90 20.45 22.00
Total Liabilities 843.55 663.95 540.26
Stockholder's Equity
Share Capital 725.75 314.60 326.32
Retained Profits 323.08 241.57 161.18
Minority Interests 134.28 130.78 120.64
Total Owners' Equity 1,183.11 686.94 608.14

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 29.60 -16.60 31.68
Net Cash Flows-Investing -23.59 -25.24 -43.93
Net Cash Flows-Financing 567.74 83.94 31.95

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Shanghai Qianzhi Communication Technology Co., Ltd 48.13 26.4413
Shanghai zhongjian Management Consulting Co., Ltd 10.24 5.6245
Shanghai Dianju investment consulting (L.P.) 9.43 5.1804
Qingdao Ivy Equity Venture Capital Centre (L.P.) 5.79 3.1785
Ivy (Kunshan) Industry Investment Center (L.P.) 5.79 3.1785
Urumqi Dongpeng Chuangdong Equity Investment Management Partnership(L.P.)- Xinjiang Dongpeng Heli Investment Partnership(L.P.) 5.69 3.1257
As of 2020-12-31

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