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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 2020 CNYUSD
Revenue12,945.72M1,875.58M
Gross Profit4,690.48M679.55M
Operating income336.43M48.74M
Income before tax1,459.60M211.46M
Net income1,363.78M197.58M
EBITDA1,565.95M226.87M
Diluted EPS0.610.08
Dividends Per Share0.200.02
Total Assets24,836.09M3,797.68M
Total liabilities11,288.21M1,726.07M
Total equity12,668.00M1,937.06M
Operating cash flow2,331.83M337.83M
Currency in CNYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,290.24M 5,402.11M 7,835.34M 10,011.38M 12,945.72M
Gross Profit 1,442.40M 2,511.63M 3,374.25M 3,821.48M 4,690.48M
Operating income 255.74M 356.88M 183.28M 211.31M 336.43M
Income before tax 548.61M 556.89M 662.51M 999.21M 1,459.60M
Net income 484.43M 434.67M 542.06M 819.17M 1,363.78M
EBITDA 573.84M 756.84M 794.49M 1,158.45M 1,565.95M
Diluted EPS 0.24 0.21 0.26 0.38 0.61
Dividends Per Share 0.06 0.06 0 0.20 0.20
Total Assets 10,413.94M 13,340.33M 15,403.18M 19,900.00M 24,836.09M
Total liabilities 3,144.78M 5,284.59M 6,821.24M 7,941.82M 11,288.21M
Total equity 7,061.43M 7,717.72M 8,058.78M 11,238.97M 12,668.00M
Operating cash flow 379.92M 445.34M 1,232.78M 1,578.61M 2,331.83M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 495.25M 799.33M 1,184.12M 1,448.85M 1,875.58M
Gross Profit 217.11M 371.64M 509.93M 553.04M 679.55M
Operating income 38.49M 52.80M 27.69M 30.58M 48.74M
Income before tax 82.57M 82.40M 100.12M 144.60M 211.46M
Net income 72.91M 64.31M 81.92M 118.55M 197.58M
EBITDA 86.37M 111.98M 120.06M 167.65M 226.87M
Diluted EPS 0.03 0.03 0.03 0.05 0.08
Dividends Per Share 0.01 0.00 0 0.02 0.02
Total Assets 1,498.51M 2,048.57M 2,243.49M 2,856.85M 3,797.68M
Total liabilities 452.51M 811.51M 993.52M 1,140.13M 1,726.07M
Total equity 1,016.10M 1,185.15M 1,173.77M 1,613.47M 1,937.06M
Operating cash flow 57.18M 65.89M 186.30M 228.45M 337.83M

Valuation Measures

Dec 2020
PER63.85
ROA6.09%
ROE11.40%
Operating margin2.59%
Profit margin10.53%

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

Shareholders

  • China Mobile Ltd. (12.4%)
  • University of Science & Technology Asset Management Co. Ltd. (4.0%)
  • 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%)
  • Anhui State-Owned Assets Sup. & Admin. Commission (1.2%)
  • LIU QING FENG (1.1%)
  • Bank of Communications Schroder Fund Management Co., Ltd. (1.0%)

Contact Details

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

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Competitors

  • Cerence Inc.
Last Updated on 24 Sep, 2021

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