Brief Introduction

Cubic Sensor and Instrument Co., Ltd. (hereinafter referred to as "Cubic") is a publicly listed company in SSE STAR Market (stock code:688665), specializing in smart gas sensors and superior gas analyzers. Set up in 2003, situated at “Optics Valley” of Wuhan, China, Cubic has established gas sensing technology platforms including optical technologies (NDIR, Ultraviolet, Light Scattering, Laser Raman), ultrasonic technology, MEMS metal oxide semiconductor (MOX) technology, electrochemical technology, ceramic thick-film technology based high temperature solid electrolyte technology and so on. At present, Cubic has obtained more than 100 patents home and aboard, with abundant products widely used in various fields of air quality, environmental monitoring, industrial processes, industrial safety monitoring, healthcare, smart metering and so on.

Cubic has a provincial-level enterprise technology center and a gas analysis instrumentation engineering technology research center in Hubei Province of China. At the same time, Cubic energetically participates in the national technological innovation system and has successively obtained many national and provincial projects which support Cubic incessant innovations. Those projects contain the National Major Scientific Instrument and Equipment Development Project, the Ministry of Industry and Information Technology Internet of Things Development Special Project, the Ministry of Industry and Information Technology Strong Foundation Engineering Sensor "One-stop" Project, the Ministry of Science and Technology Science and Technology Boost the Economy 2020 Key Special Project, and the Hubei Province Technical Innovation Major Project, etc. Cubic has been regarded as a major gas sensor manufacturer and representative enterprise by industry authorities at home and abroad and won the "Most Influential IoT Sensor Enterprise Award" by the China Internet of Things Industry Alliance.

With decade-long dedications in technical innovations, strict quality control and global business strategies, Cubic, as a leading manufacturer of high-quality gas sensors and sensor solutions, has obtained the recognition of many well-known Fortune 500 companies as well as other domestic and overseas leading companies in different fields. Cubic products have been exported to more than 80 countries and regions, besides, Cubic is moving towards a higher target to be the international brand in the field of gas sensors.

Company Overview

Full name Cubic Sensor and Instrument Co., Ltd.
Abbreviations Cubic
Code 688665
Founded 2003-05-22
Listing 2021-02-09
Domicile Wuhan, Hubei, China
STAR Theme New Generation IT
CSRC Sector Manufacturing
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 1.61 1.24 0.22
R&D expenditure as a % of operating revenue 6.46% 8.40% 11.78%
Operating Revenue 307.91 233.25 117.54
Net Income 84.47 64.95 11.05

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 307.91 233.25 117.54
Operating Costs 162.70 119.18 72.92
Operating Income 100.61 71.81 10.99
Pretax Income 96.81 72.98 10.94
Income Tax 12.59 9.13 -0.05
Net Income 84.22 63.86 10.99

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 279.77 175.08 101.61
Non-current Assets-Total 72.82 63.69 61.61
Total Assets 352.59 238.76 163.22
Current Liabilities-Total 122.39 77.98 43.94
Non-current Liabilities-Total 6.52 2.14 21.77
Total Liabilities 128.92 80.12 65.71
Stockholder's Equity
Share Capital 96.61 95.81 82.63
Retained Profits 125.06 60.59 11.72
Minority Interests 2.00 2.25 3.16
Total Owners' Equity 223.67 158.64 97.51

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 74.00 47.49 9.51
Net Cash Flows-Investing -17.99 -11.93 -9.72
Net Cash Flows-Financing -9.70 -24.05 12.43

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
武汉佑辉科技有限公司 31.50 45.00%
武汉丝清源科技有限公司 7.00 10.00%
武汉智感科技有限公司 7.00 10.00%
武汉聚优盈创管理咨询合伙企业(有限合伙) 2.16 3.09%
富诚海富资管-海通证券-富诚海富通四方光电1号战略配售集合资产管理计划 1.58 2.26%
江苏沃土股权投资管理合伙企业(有限合伙)-南京沃土五号创业投资合伙企业(有限合伙) 1.40 2.00%
范崇东 1.25 1.79%
江苏沃土股权投资管理合伙企业(有限合伙)-镇江沃土一号基金合伙企业(有限合伙) 1.10 1.57%
中国建设银行股份有限公司-宝盈新兴产业灵活配置混合型证券投资基金 0.84 1.20%
应杭航 0.80 1.15%
As of 2021-03-31

Legal Statement

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.