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Technology Services

Iflytek Co., Ltd.

Business Summary

Iflytek Co., Ltd. engages in research of artificial intelligence technology, development of software and chip products, and intelligence services. It offers speech engines for speech synthesis, recognition and interaction; education products for speech teaching, learning and evaluation; mobile applications, as well as application solutions to other corporates. The company was founded in June 1999 and is headquartered in Hefei, China.

Financial Highlights

Dec 2021 CNYUSD
Gross Profit5,991.95M929.07M
Operating income340.39M52.77M
Income before tax1,522.52M236.07M
Net income1,556.46M241.33M
Diluted EPS0.680.10
Dividends Per Share0.100.01
Total Assets31,394.03M4,925.82M
Total liabilities13,405.49M2,103.36M
Total equity16,780.72M2,632.95M
Operating cash flow953.62M147.86M
Currency in CNYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 5,402.11M 7,835.34M 10,011.38M 12,945.72M 18,192.53M
Gross Profit 2,511.63M 3,374.25M 3,821.48M 4,690.48M 5,991.95M
Operating income 356.88M 183.28M 211.31M 336.43M 340.39M
Income before tax 556.89M 662.51M 999.21M 1,459.60M 1,522.52M
Net income 434.67M 542.06M 819.17M 1,363.78M 1,556.46M
EBITDA 756.84M 794.49M 1,158.45M 1,565.95M 1,866.75M
Diluted EPS -- -- 0.39 0.61 0.68
Dividends Per Share 0.06 0 0.20 0.20 0.10
Total Assets 13,340.33M 15,403.18M 19,900.00M 25,185.15M 31,394.03M
Total liabilities 5,284.59M 6,821.24M 7,941.82M 11,637.28M 13,405.49M
Total equity 7,717.72M 8,058.78M 11,238.97M 12,668.00M 16,780.72M
Operating cash flow 445.34M 1,232.78M 1,578.61M 2,331.83M 953.62M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 799.33M 1,184.12M 1,448.85M 1,875.58M 2,820.82M
Gross Profit 371.64M 509.93M 553.04M 679.55M 929.07M
Operating income 52.80M 27.69M 30.58M 48.74M 52.77M
Income before tax 82.40M 100.12M 144.60M 211.46M 236.07M
Net income 64.31M 81.92M 118.55M 197.58M 241.33M
EBITDA 111.98M 120.06M 167.65M 226.87M 289.44M
Diluted EPS -- -- 0.05 0.08 0.10
Dividends Per Share 0.00 0 0.02 0.02 0.01
Total Assets 2,048.57M 2,243.49M 2,856.85M 3,851.05M 4,925.82M
Total liabilities 811.51M 993.52M 1,140.13M 1,779.45M 2,103.36M
Total equity 1,185.15M 1,173.77M 1,613.47M 1,937.06M 2,632.95M
Operating cash flow 65.89M 186.30M 228.45M 337.83M 147.86M

Valuation Measures

Dec 2021
Operating margin1.87%
Profit margin8.55%

Key executives

  • Chairman & President: Qingfeng Liu
  • Director & Vice President: Tao Chen
  • Director & Vice President: Yu Hu
  • Director & Vice President: Xiao Lin Nie
  • Director & Vice President: Xiao Ru Wu


  • China Mobile Ltd. (12.2%)
  • University of Science & Technology Asset Management Co. Ltd. (3.9%)
  • Anhui Yanzhi Technology Co. Ltd. (2.4%)
  • GE WEI DONG (2.4%)
  • WANG PING /IFLYTEK/ (2.2%)
  • WANG REN HUA (1.5%)
  • China Investment Corp. (Investment Management) (1.2%)
  • LIU QING FENG (1.1%)
  • Caitong Securities Asset Management Co., Ltd. (0.6%)
  • Guoxin Yangqi Operation Invest Fund Mgmt Guangzhou Co. Ltd. (0.5%)

Contact Details

  • Website:
  • Address: High-tech Development Zone, No. 666 Wangjiang West Road, Hefei, 230088, China
  • Phone: +86.551.65331880

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Last Updated on 5 Aug, 2022

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