Suzhou Sonavox Electronics Co., Ltd. is committed to improving driving experience by using acoustic technology. It is a leading supplier of automotive acoustic product solutions in China and has been integrated into the synchronous development system of many famous automobile manufacturers at home and abroad. The company has the research and development capabilities of acoustic products, system solutions and related algorithms. The products mainly cover car speaker system, car power amplifier and AVAS, and can provide customers with comprehensive product solutions. The company has realized the localization of the car speaker in the early stage, and has strong international market competitiveness through continuous independent innovation.
The company's core competitive advantages are technical advantages and global delivery advantages. The technical advantages are reflected in three aspects: continuous independent research and development ability, outstanding synchronous development ability and excellent vehicle tuning ability. The global delivery advantage is based on the global service architecture, supported by stable precision manufacturing capability and strict quality control capability. The company's leading technical advantages and increasingly perfect global delivery capability ensure the sustainability of the company in the development of new customers and the maintenance of the original customer relationship. The company continues to accumulate high-quality customer resources, and its industry status continues to improve.
| Full name | Suzhou Sonavox Electronics Co.,Ltd. |
|---|---|
| Abbreviations | Sonavox |
| Code | 688533 |
| Founded | 1992-06-27 |
| Listing | 2021-04-19 |
| Domicile | Suzhou |
| Sonavox_zq@chinasonavox.com | |
| STAR Theme | Others |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | NA |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 0.63 | 0.65 | 0.93 |
| R&D expenditure as a % of operating revenue | 5.64% | 5.02% | 4.02% |
| Operating Revenue | 1,088.04 | 1,194.65 | 1,238.49 |
| Net Income | 75.70 | 78.18 | 111.36 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 1,088.04 | 1,194.65 | 1,238.49 |
| Operating Costs | 775.92 | 855.48 | 879.45 |
| Operating Income | 86.85 | 93.98 | 136.33 |
| Pretax Income | 86.75 | 90.95 | 134.03 |
| Income Tax | 11.04 | 12.77 | 22.67 |
| Net Income | 75.70 | 78.18 | 111.36 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 969.03 | 949.72 | 854.56 |
| Non-current Assets-Total | 387.07 | 387.99 | 325.06 |
| Total Assets | 1,356.10 | 1,337.70 | 1,179.62 |
| Liabilities | |||
| Current Liabilities-Total | 639.56 | 648.31 | 574.99 |
| Non-current Liabilities-Total | 1.90 | 1.77 | 1.81 |
| Total Liabilities | 641.46 | 650.07 | 576.80 |
| Stockholder's Equity | |||
| Share Capital | 600.22 | 600.22 | 600.22 |
| Retained Profits | 101.39 | 76.15 | -7.27 |
| Total Owners' Equity | 714.64 | 687.63 | 602.83 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 99.15 | 145.80 | 46.42 |
| Net Cash Flows-Investing | -51.45 | -99.11 | -32.06 |
| Net Cash Flows-Financing | -45.28 | 45.94 | -14.53 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Suzhou Sonavox Electronic Investment Management Co., Ltd | 42.00 | 35.00% |
| Gongqingcheng TongtaiInvestment Management Partnership (Limited Partnership) | 30.00 | 25.00% |
| Suzhou Xiangcheng District Yuanhe Street Collective Asset Management Company | 28.99 | 24.16% |
| Suzhou Xiangcheng District Radio Components Factory | 19.01 | 15.84% |
| Total | 120.00 | 100.00% |
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