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 |
| Website | https://sonavox-group.com |
| 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% |
All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.
Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.
Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.