Brief Introduction

Founded in 2013, Essence (Tianjin) Technology Co., Ltd., adheringto the development concept of “People-oriented, Inclusive, Realistic & innovative, and Striving for excellence”, focuses on the integrated development of the new generation of information technology and medical and health fields, and serves the transformation and upgrading of the medical and health industry with big data, cloud computing and other new generation of information technology. The Company strives to build a smart medicine production platform and a smart medicine circulation platform, extend its application to the upstream source of food and medicine agricultural planting field, and realize digital and green planting and production, finally optimizing the medical and health industry chain.

Targeting the development opportunities of the Internet and AI industry in the new era, the Company has gathered domestic elites in IT, medicine, agriculture and other related fields, promoted the application of core technologies with demonstration effect in the industry, and developed a series of high-tech products with core competitive advantages. In collaboration with Zhejiang University, we formulated the first ISO international standard for the production process of traditional Chinese medicine. Recently, the project jointly declared by the Company and Zhejiang University won the first prize of Science and Technology Award of China Association of Chinese Medicine, and was listed on the 2020 “Innovation China” Leading Technology List.

In the future, the Company will deeply focus on the medical and health field, build the core industry map, and continue to improve the upstream and downstream coordinated development model of the industrial chain. Furthermore, we will actively cultivate a new ecosystem, develop new products, systematically expand new services, and strive to take the lead in the strategic layout of “Healthy China” during the deep integration of industrialization and informatization.

Company Overview

Full name Essence Information Technology Co.,Ltd.
Abbreviations Essence
Code 688555
Founded 2013-01-15
Listing 2020-06-23
Domicile Tianjin
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 1.11 1.34 0.90
R&D expenditure as a % of operating revenue 10.11 8.53 8.44
Operating Revenue 255.70 221.30 202.28
Net Income 80.73 83.58 52.73

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 255.70 221.30 202.28
Operating Costs 128.97 111.01 107.23
Operating Income 92.76 96.44 59.69
Pretax Income 92.70 96.44 59.68
Income Tax 11.97 12.86 6.94
Net Income 80.73 83.58 52.73

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 672.40 461.48 208.02
Non-current Assets-Total 274.17 38.87 197.31
Total Assets 946.57 500.36 405.33
Current Liabilities-Total 101.72 83.42 78.48
Non-current Liabilities-Total 13.63 6.14 2.44
Total Liabilities 115.34 89.56 80.92
Stockholder's Equity
Share Capital 567.61 227.91 227.91
Retained Profits 263.64 182.91 96.51
Minority Interests -0.03 -0.02 -0.02
Total Owners' Equity 831.22 410.80 324.41

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 38.74 70.54 46.85
Net Cash Flows-Investing -313.99 42.73 -53.66
Net Cash Flows-Financing 340.39 -0.18 100.50

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
宁波润泽投资合伙企业(有限合伙) 7.77 9.35
梅生 6.00 7.22
宁波嘉铭利盛投资合伙企业(有限合伙) 6.00 7.22
天津市昕晨投资发展有限公司 5.00 6.02
宁波宝远信通信息科技有限公司 5.00 6.02
泽达创鑫(宁波)投资管理有限公司 4.54 5.46
浙江亿脑投资管理有限公司 4.00 4.81
陈美莱 3.00 3.61
杭州易展电力科技有限公司 3.00 3.61
杭州裕中投资管理有限公司 3.00 3.61
As of 2021-04-21

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