Brief Introduction

Suzhou Shihua New Material Technology Co., Ltd. is a national high-tech enterprise, dedicated to the research and development, manufacturing, and sale of functional materials. Shihua was established in 2010 in Suzhou, now has subsidiaries in Shenzhen, Suzhou, Shanghai, Hong Kong and USA. Shihua has been listed on SSE STAR Market since Sep 30th, 2020 (Stock code:688093).

Shihua's products include multiple function material, display module material and precision process material. At present, Shihua's products have been widely used in many well-known brands such as A and Samsung, and have established long-term and stable cooperative relations with enterprises in the industry chain. Shihua insists on independent research and development, and has ability to respond to customers quickly and efficiently, and provide customers with competitive products. Through over ten years’ accumulation, Shihua's core technology have been continuously established. Shihua has mastered many key technologies including polymer polymerization and graft modification technology, coating formulation and material structure design technology, precision coating technology and so on. Shihua has core R&D and synthesis ability of functional materials.

Shihua is stepping towards the world’s first array of functional materials through continuous innovation and value creation for stakeholders.

Company Overview

Full name Suzhou Shihua New Material Technology Co., Ltd.
Abbreviations SHIHUA Suzhou
Code 688093
Founded 2010-04-14
Listing 2020-09-30
Domicile Suzhou
Website www.szshihua.com.cn
Email zhengquan@szshihua.com.cn
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.92 0.63 0.42
R&D expenditure as a % of operating revenue 5.84% 6.73% 6.12%
Operating Revenue 328,956,028.66 240,988,957.45 256,190,124.44
Net Income 128,921,004.74 81,584,237.45 54,737,348.54

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 328.96 240.99 256.19
Operating Costs 120.70 98.04 102.04
Operating Income 151.03 95.02 69.37
Pretax Income 150.02 94.53 69.32
Income Tax 21.10 12.95 14.58
Net Income 128.92 81.58 54.74

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 686.53 206.47 173.01
Non-current Assets-Total 491.47 189.91 94.60
Total Assets 1,178.00 396.38 267.61
Liabilities
Current Liabilities-Total 86.01 91.99 54.45
Non-current Liabilities-Total - 28.79 -
Total Liabilities 86.01 120.78 54.45
Stockholder's Equity
Share Capital 172.00 129.00 129.00
Retained Profits 200.53 97.43 43.43
Total Owners' Equity 1,091.99 275.60 213.16

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 73.80 74.01 91.19
Net Cash Flows-Investing -316.75 -36.66 -54.65
Net Cash Flows-Financing 645.92 0.71 -29.61

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
顾正青 45.15 26.25%
吕刚 34.44 20.03%
耶弗有投资发展(苏州)有限公司 25.80 15.00%
蔡惠娟 12.90 7.50%
苏州世禄企业管理中心(有限合伙) 9.29 5.40%
夏芳 3.86 2.25%
广州市玄元投资管理有限公司-玄元科新13号私募证券投资基金 2.80 1.63%
华泰创新投资有限公司 1.82 1.06%
上海迎水投资管理有限公司-迎水月异10号私募证券投资基金 1.78 1.04%
上海南土资产管理有限公司-南土资产诚品十五号私募证券投资基金 1.72 1.00%
As of 2021-03-31

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