Solomon Systech

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.
TypePublic
Founded1999
HQHK
Websitesolomon-systech.com
Employee Ratings2.6

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2021)326(-2%)
Revenue (FY, 2021)$168.1 M(+39%)
Share Price (Jun 2022)$0.6
Cybersecurity ratingDMore
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Key People/Management at Solomon Systech

Ma Yuchuan

Ma Yuchuan

Chairman, Non-Executive Director
Wang Wah Chi

Wang Wah Chi

Chief Executive Officer, Executive Director
Wu Lok Man

Wu Lok Man

Business Operations Director
Kang Jian

Kang Jian

Non-Executive Director
Ho Yiu Hong

Ho Yiu Hong

Finance Director
Wang Hui

Wang Hui

Non-Executive Director
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Solomon Systech Office Locations

Solomon Systech has an office in
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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
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

98.1m108.3m121.3m168.1m

Cost of goods sold

(69.6m)(85.1m)(83.6m)(98.0m)

Gross profit

33.0m27.4m43.2m71.3m

R&D expense

(26.9m)(20.5m)(16.2m)(30.4m)
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

56.6m58.6m74.8m

Cost of goods sold

(43.6m)(42.3m)(44.3m)

Gross profit

15.3m19.0m30.8m

R&D expense

(13.8m)(7.7m)(12.1m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

13.4m18.1m50.8m24.8m

Accounts Receivable

23.9m19.6m15.3m24.1m

Prepaid Expenses

186.0k165.0k

Inventories

32.7m26.8m16.4m40.9m
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

24.6m33.4m54.6m

Accounts Receivable

25.7m21.3m22.1m

Prepaid Expenses

93.0k75.0k87.0k

Inventories

20.3m19.1m19.1m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(13.8m)(28.2m)11.9m23.8m

Depreciation and Amortization

6.0m5.5m1.8m1.6m

Inventories

(18.0m)(833.0k)10.7m(23.3m)

Accounts Payable

3.7m(3.9m)6.0m20.7m
Half Year
USDH1, 2019H1, 2020H1, 2021
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Solomon Systech Acquisitions / Subsidiaries

Company NameDateDeal 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

Embed Graph

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

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Solomon Systech Online and Social Media Presence

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Solomon Systech News and Updates

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…

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

Quam IR Awards 2020 – Main Board Category

The post Quam IR Awards 2020 – Main Board Category appeared first on Solomon Systech (International) Limited.

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.

Announcement of 2021 annual results

23 Mar The post Announcement of 2021 annual results appeared first on Solomon Systech (International) Limited.

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%.• …

“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…

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…
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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.