Solomon Systech
- Revenue$168.1 MFY, 2021
- Market Capitalization$1.4 B2022-06-30
OverviewSuggest Edit
Solomon Systech is a company that designs and manufactures IC products and system solutions. Its products include OLED display and lighting, mobile, large displays, etc.
| Type | Public | |
| Founded | 1999 | |
| HQ | HK | Map |
| Website | solomon-systech.com | |
| Employee Ratings |
Key People/Management at Solomon Systech
Ma Yuchuan
Chairman, Non-Executive Director
Wang Wah Chi
Chief Executive Officer, Executive Director
Wu Lok Man
Business Operations Director
Kang Jian
Non-Executive Director
Ho Yiu Hong
Finance Director
Wang Hui
Non-Executive Director
Solomon Systech Financials and Metrics
Solomon Systech Revenue
Solomon Systech's revenue was reported to be $168.12 m in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 168.1m |
Gross profit (FY, 2021) | 71.3m |
Net income (FY, 2021) | 23.7m |
EBITDA (FY, 2021) | 26.4m |
EBIT (FY, 2021) | 23.6m |
Market capitalization (30-Jun-2022) | 1.4b |
Closing stock price (30-Jun-2022) | 0.6 |
Cash (31-Dec-2021) | 24.8m |
EV | 1.4b |
Solomon Systech's current market capitalization is $1.4 b.
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 98.1m | 108.3m | 121.3m | 168.1m |
Cost of goods sold | (69.6m) | (85.1m) | (83.6m) | (98.0m) |
Gross profit | 33.0m | 27.4m | 43.2m | 71.3m |
R&D expense | (26.9m) | (20.5m) | (16.2m) | (30.4m) |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 56.6m | 58.6m | 74.8m |
Cost of goods sold | (43.6m) | (42.3m) | (44.3m) |
Gross profit | 15.3m | 19.0m | 30.8m |
R&D expense | (13.8m) | (7.7m) | (12.1m) |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 13.4m | 18.1m | 50.8m | 24.8m |
Accounts Receivable | 23.9m | 19.6m | 15.3m | 24.1m |
Prepaid Expenses | 186.0k | 165.0k | ||
Inventories | 32.7m | 26.8m | 16.4m | 40.9m |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 24.6m | 33.4m | 54.6m |
Accounts Receivable | 25.7m | 21.3m | 22.1m |
Prepaid Expenses | 93.0k | 75.0k | 87.0k |
Inventories | 20.3m | 19.1m | 19.1m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | (13.8m) | (28.2m) | 11.9m | 23.8m |
Depreciation and Amortization | 6.0m | 5.5m | 1.8m | 1.6m |
Inventories | (18.0m) | (833.0k) | 10.7m | (23.3m) |
Accounts Payable | 3.7m | (3.9m) | 6.0m | 20.7m |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|
Solomon Systech Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Jing Guang Semiconductors (Dongguan) Limited | ||
| Sentron, Inc. | ||
| Solomon Systech (China) Limited | ||
| Solomon Systech Japan Company Limited | ||
| Solomon Systech Limited | ||
| Solomon Systech (Shenzhen) Limited | ||
| Solomon Systech Taiwan Limited |
Solomon Systech Revenue Breakdown
Solomon Systech revenue breakdown by business segment: 100.0% from RESEARCH, DESIGN, DEVELOPMENTS AND DISTRIBUTION OF ICS
Solomon Systech revenue breakdown by geographic segment: 21.4% from TAIWAN, 54.0% from HONG KONG, 9.1% from CHINA (PEOPLES REPUBLIC), 10.0% from EUROPE and 5.4% from Other
Solomon Systech Cybersecurity Score
Solomon Systech Online and Social Media Presence
41 Twitter followers
Solomon Systech has 41 Twitter Followers. The number of followers has increased 2.5% quarter over quarter
Solomon Systech's Trends
Solomon Systech News and Updates
January 13, 2022
Positive Profit Alert Supplemental Announcement
This announcement is made by Solomon Systech (International) Limited (the “Company”, together with its subsidiaries, shall collectively be referred to as the “Group”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listin…
January 12, 2022
Positive Profit Alert
This announcement is made by Solomon Systech (International) Limited (the “Company”, together with its subsidiaries, shall collectively be referred to as the “Group”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listin…
Solomon Systech Blogs
April 28, 2022
Quam IR Awards 2020 – Main Board Category
The post Quam IR Awards 2020 – Main Board Category appeared first on Solomon Systech (International) Limited.
April 28, 2022
Hong Kong’s Most Outstanding Business Awards 2021
The post Hong Kong’s Most Outstanding Business Awards 2021 appeared first on Solomon Systech (International) Limited.
April 25, 2022
Announcement of 2021 annual results
23 Mar
The post Announcement of 2021 annual results appeared first on Solomon Systech (International) Limited.
March 24, 2022
Solomon Systech (International) Limited Announces 2021 Annual Results
Financial Highlights: • Revenue increased by approximately 38.6% to US$168.1 million.• Gross profit was US$67.3 million and jumped by 87.6%.• Gross margin rose to 40.0%, an increase of 10.4 percentage points.• Profit attributable to owners of the parent was US$23.8 million and increased by 103.0%.• …
January 11, 2022
“2021 Star of Partners in Promoting Sustainable Co-Prosperity”
Awarded by E Ink to Solomon Systech and its Partners forJointly Creating the Sustainable Low-Carbon E-paperPromoting Sustainability of ESG with Sustained Attention to Green Business (Hong Kong, 11 January 2022) – The “Paper for the Future – Sustainable Co-Prosperity Summit (紙向未來－永續共榮峰會)” was held by…
December 17, 2021
Solomon Systech Limited Participated in “Barrier Busters 2021”
Actively Fulfilled Corporate Social Responsibilities Promoted Awareness of Building a Harmonized Society Hong Kong, 17 December 2021 – “Barrier Busters 2021” organized by the Hong Kong Society for Rehabilitation (“HKSR”), is an outdoor competitive event to help people to understand the daily challen…
Solomon Systech Frequently Asked Questions
When was Solomon Systech founded?
Solomon Systech was founded in 1999.
Who are Solomon Systech key executives?
Solomon Systech's key executives are Ma Yuchuan, Wang Wah Chi and Wu Lok Man.
How many employees does Solomon Systech have?
Solomon Systech has 326 employees.
What is Solomon Systech revenue?
Latest Solomon Systech annual revenue is $168.1 m.
What is Solomon Systech revenue per employee?
Latest Solomon Systech revenue per employee is $515.7 k.
Who are Solomon Systech competitors?
Competitors of Solomon Systech include Integrated Micro-Electronics, United Microelectronics and Tongfu Microelectronics.
Where are Solomon Systech offices?
Solomon Systech has an office in.
How many offices does Solomon Systech have?
Solomon Systech has 1 office.
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