Brief Introduction

Cnano Technology established in 2011, is a carbon nanotube maker in the manufacturing, R&D and commercialization of high quality multi-wall carbon nanotubes (MWCNT) products for the energy storage, especially lithium-ion battery paste. On September 25, 2019, Cnano listed on STAR Market (stock code: 688116) . At present, Cnano is one of the largest carbon nanotube manufacturers in China and is a leader in the field of carbon nanotubes and related composite materials.

Because of CNT excellent electrical, mechanical and chemical properties, carbon nanotubes have shown great application potential in many fields since their discovery. Cnano's products include carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch and so on.

As a basic material, carbon nanotubes have become a research hotspot in the field of chemistry and materials science since their discovery. However, due to the difficulty of continuous macro-preparation, carbon nanotubes cannot be effectively commercialized for a long time. Cnano cooperated with Tsinghua University to develop and successfully use nano-aggregated fluidized bed to prepare carbon nanotubes in large quantities. Cnano's mastery of carbon nanotube catalyst preparation technology can control the directional growth of carbon nanotubes, and directly control the three core indicators of carbon nanotube diameter, length and purity. Cnano's carbon nanotube products performance is at the leading level in the industry.

In the future, Cnano will continue to increase R&D investment, develop carbon nanotube products in overseas conductive plastics, chips and other fields continuously, and promote domestic related fields to upgrade. Cnano will maintain world-class supply of nano-carbon materials, serving the New material strategy.

Company Overview

Full name Jiangsu Cnano Technology Co.,Ltd.
Abbreviations Cnano Technology
Code 688116
Founded 2011-01-06
Listing 2019-09-25
Domicile Zhen Jiang
Website http://www.cnanotechnology.com/
Email stock@cnanotechnology.com
STAR Theme New Materials
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.46 0.58 0.40
R&D expenditure as a % of operating revenue 5.97% 5.52% 5.01%
Operating Revenue 471.95 386.43 327.59
Net Income 106.61 109.88 67.45

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 471.95 386.43 327.59
Operating Costs 287.51 201.74 195.41
Operating Income 123.99 123.05 78.03
Pretax Income 122.93 126.06 78.00
Income Tax 16.32 16.18 10.55
Net Income 106.61 109.88 67.45

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 1,311.13 1,287.76 464.89
Non-current Assets-Total 569.81 454.70 385.87
Total Assets 1,880.95 1,742.46 850.76
Liabilities
Current Liabilities-Total 145.15 88.50 197.41
Non-current Liabilities-Total 54.63 59.26 10.54
Total Liabilities 199.78 147.76 207.95
Stockholder's Equity
Share Capital 1,455.26 1,449.16 615.55
Retained Profits 205.45 132.39 21.89
Minority Intersts 20.45 13.16 5.37
Total Owners' Equity 1,681.16 1,594.70 642.81

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 64.81 113.68 -56.89
Net Cash Flows-Investing -44.48 -810.35 -195.28
Net Cash Flows-Financing -29.99 802.90 46.38

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
TAO ZHENG 23.48 10.13%
GRC SinoGreen Fund III, L.P. 13.53 5.84%
Asset Focus Limited 10.39 4.48%
共青城新奈共成投资管理合伙企业(有限合伙) 9.62 4.15%
镇江新奈智汇科技服务企业(有限合伙) 9.02 3.89%
中金佳合(天津)股权投资基金管理有限公司-中金佳泰贰期(天津)股权投资基金合伙企业(有限合伙) 7.04 3.03%
招商银行股份有限公司-华夏上证科创板50成份交易型开放式指数证券投资基金 5.36 2.31%
江苏今创投资经营有限公司 4.88 2.11%
MEIJIE ZHANG 4.76 2.05%
江西裕润立达股权投资管理有限公司-江西立达新材料产业创业投资中心(有限合伙) 4.55 1.96%
As of 2021-03-31

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