AAC Technologies Company profile
About Aac Technologies Holdings Inc
AAC Technologies Holdings Inc is a China-based company, which provides advanced miniaturized and technology solutions for smart devices enabled by cutting-edge materials research, simulations, algorithms, design, automation and process development, within Acoustics, Optics, Haptics, Precision Manufacturing, micro-electromechanical system (MEMS), Radio frequency (RF) and Antennas.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Aac Technologies Holdings Inc revenues increased 3% to RMB17.67B. Net income decreased 13% to RMB1.32B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Other Research and development costs increase from RMB652.9M to RMB1.46B (expense), Administrative expenses increase of 23% to RMB823.6M (expense).
Equity composition
IPO: Aug 09, 2005. All the shares before IPO date are pro forma bases on shares after capitalization issue and reorganization.