Brief Introduction

Being subordinate to China Resources Group, China Resources Microelectronics Limited is a high-tech enterprise engaged in investment, development, operation and management of microelectronics business. The Company always takes "revitalizing microelectronics industry" as our mission and has successively integrated some Chinese semiconductor pioneering companies such as Huake Electronics, China Huajing and CSNC Technology. After several years' development and a series of integration, the Company has become a comprehensive semiconductor enterprise with great influence in China. Since 2004, it has been continuously rated as top 100 Chinese electronic information enterprises by Ministry of Industry and Information Technology. Based on the statistical data of China Semiconductor Industry Association, in terms of sales amount, the Company was the only semiconductor enterprise with the mainbusiness in IDM mode among top 10 Chinese semiconductor enterprises in 2018.

The Company is a Chinese leading semiconductor enterprise capable of integrated operation of the whole industrial chain such as IC design, wafer manufacturing, package test and so on. At present, our main business can be divided into two business sectors, which are products & solutions, manufacturing & service. The Company can independently design products and keep the manufacturing process controllable. In addition, the Company has possessed strongcapability in product technology and manufacturing process in the fields of discrete devices and integrated circuits and has formed advanced product lines with special process and seriation.

The Company focuses on the fields of power semiconductors and intelligent sensors, and we provide customers with serialized semiconductor products and services. In future,the Company will take its own core advantages,improve the core technologies and integrate the internal and external resources, so as to continuously promote the enterprise development, further transform ourself to a comprehensive and integrated product company, solutions on power semiconductors and to be the global leader in power semiconductor and intelligent sensor.

Company Overview

Full name China Resources Microelectronics Limited
Abbreviations CRM
Code 688396.SH
Founded January 28, 2003
Listing February 27, 2020
Domicile Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands.
Website www.crmicro.com
Email crmic_hq_ir_zy@crmicro.com
STAR Theme New Generation IT
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.84 0.46 0.49
R&D expenditure as a % of operating revenue 8.11% 8.40% 7.17%
Operating Revenue 6,977.26 5,742.78 6,270.80
Net Income 963.66 400.76 537.56

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 6,977.26 5,742.78 6,270.80
Operating Costs 5,060.61 4,431.29 5,724.56
Operating Income 1,071.69 477.76 585.61
Pretax Income 1,085.65 505.95 590.58
Income Tax 25.94 -6.47 53.02
Net Income 963.66 400.76 537.56

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 10,914.25 5,092.50 5,106.31
Non-current Assets-Total 5,618.25 5,002.79 4,885.74
Total Assets 16,532.50 10,095.29 9,992.05
Liabilities
Current Liabilities-Total 3,033.56 1,978.72 4,653.87
Non-current Liabilities-Total 1,698.17 1,725.74 318.39
Total Liabilities 4,731.73 3,704.46 4,972.26
Stockholder's Equity
Share Capital 10,548.57 6,279.33 6,850.54
Retained Profits 34.22 -856.20 -2,702.36
Total Owners' Equity 10,582.79 5,423.13 4,148.18

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 1,832.06 576.26 1,482.44
Net Cash Flows-Investing -1,266.72 -40.71 -575.17
Net Cash Flows-Financing 4,452.88 -179.65 -626.65

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
China Resources (Microelectronics) Limited 878.98 72.29%
National Integrated Circuit Industry Investment Fund Co., Ltd. 78.13 6.43%
China Merchants Bank Co., Ltd. - China Xia Shanghai Science and technology innovation board 50 component trading open index securities investment fund 14.69 1.21%
China Merchants Bank Co., Ltd. - China Xia Shanghai Science and technology innovation board 50 component trading open index securities investment fund 6.50 0.53%
CICC Fortune Securities Co., Ltd 5.20 0.43%
Industrial and Commercial Bank of China Limited e-fonda Shanghai Science and technology innovation board 50 component trading open end index securities investment fund 4.83 0.40%
Industrial and Commercial Bank of China Limited Hua'an media Internet hybrid securities investment fund 4.09 0.34%
National Social Security Fund 503 portfolio 4.00 0.33%
China Construction Bank Co., Ltd. - Huatai Bairui Shanghai Science and technology innovation board 50 component trading open end index securities investment fund 3.30 0.27%
Agricultural Bank of China Limited - ICBC Credit Suisse science and technology innovation board 50 component trading open end index securities investment fund 2.97 0.24%
As of 2021-Apr-30

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