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thesa

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- thesathesa
  ·2021-04-21
  Netflix UI is still one of the best compared to other streaming platforms
  Sg Micro Corp Files for Hong Kong IPO Again, Deepening Focus on Analog IC Sector
  Sg Micro Corp (300661.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Hong Kong Securities Limited and Huatai...
  Sg Micro Corp Files for Hong Kong IPO Again, Deepening Focus on Analog IC Sector
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- thesathesa
  ·2021-04-21
  Looks like a potential growth stock
  UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion
  UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls "software robots.". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc
  UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion
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Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1103986621","media":"Stock News","summary":"Sg Micro Corp (300661.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Hong Kong Securities Limited and Huatai...","content":"<p>Sg Micro Corp (300661.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited acting as joint sponsors. This marks the company's second attempt to list in Hong Kong.</p>\n<p>According to the prospectus, Sg Micro Corp is a comprehensive analog integrated circuit (IC) company that develops and sells high-performance analog ICs and sensors. These components perform functions such as sensing, amplification, conversion, and driving, serving as fundamental building blocks for all electronic systems. Data from Frost & Sullivan indicates that based on 2025 revenue, the company ranked first among domestic firms in China's analog IC market and eighth globally, capturing a 1.8% market share.</p>\n<p>To date, the company offers over 6,800 analog IC and sensor products across 38 categories. Its products are not only core components in end markets like industrial, networking, and consumer electronics but are also increasingly applied in electric vehicles, data centers, robotics, renewable energy, and next-generation consumer devices.</p>\n<p>Specifically, Sg Micro provides a broad and differentiated portfolio of general-purpose and application-optimized analog products, spanning two main domains: signal chain and power management, which form the dual pillars of its product matrix. Signal chain ICs help electronic devices interpret the physical world. The company's signal chain products capture, condition, and amplify signals from the physical world, converting them into high-precision digital signals while maintaining signal integrity from data acquisition to final output, which is crucial for applications requiring precise measurement, low noise, and minimal error.</p>\n<p>Power management ICs control how energy is delivered within electronic devices. They determine the power allocated to different components, convert electricity to required voltage levels, and safely distribute power throughout the system while protecting against issues like power surges or abnormal current flow.</p>\n<p>The company's customers primarily include distributors and direct sales clients. During 2023, 2024, and 2025, revenue from the top five customers accounted for 37.3%, 35.6%, and 33.1% of total revenue, respectively. Supplier concentration is relatively high, with key suppliers being wafer foundries and packaging and testing service providers. Purchases from the top five suppliers represented 92.4%, 92.3%, and 91.0% of total procurement amounts in 2023, 2024, and 2025, respectively.</p>\n<p>Financial data shows revenue of approximately RMB 2.616 billion, RMB 3.347 billion, and RMB 3.898 billion for 2023, 2024, and 2025. Net profit for the same periods was approximately RMB 270 million, RMB 491 million, and RMB 534 million. Gross profit margins were 44.9%, 47.2%, and 46.2%, respectively.</p>\n<p>The global semiconductor market experienced significant growth from 2021 to 2025, expanding from RMB 3.6 trillion to RMB 4.8 trillion, with a compound annual growth rate of 7.8%. From 2025 to 2029, the CAGR is projected to be 9.2%, reaching a market size of RMB 7.7 trillion by 2030. Integrated circuits constitute the largest segment, accounting for 88.1% of the total market.</p>\n<p>Driven by rapid development in industrial and energy, automotive, networking and computing, and consumer electronics sectors, the global analog IC market grew from RMB 478.1 billion in 2021 to RMB 617.9 billion in 2025. Looking ahead, the proliferation of AI applications, advanced driver-assistance systems, and new energy vehicles is expected to drive growth, with the global analog IC market projected to reach RMB 927 billion by 2030.</p>\n<p>As one of the largest consumers of analog ICs globally, China's market size increased significantly from RMB 158 billion in 2021 to RMB 218.4 billion in 2025, and is forecasted to reach RMB 389.4 billion by 2030. The signal chain IC segment is expected to maintain rapid growth due to industrial automation, new energy vehicles, and embodied intelligence, with its market size rising from RMB 57.1 billion in 2021 to RMB 79.3 billion in 2025, and projected to reach RMB 133 billion by 2030. China's power management IC market grew from RMB 99.9 billion in 2021 to RMB 139 billion in 2025, and is anticipated to strengthen further, reaching RMB 256.4 billion by 2030, driven by demand from AI infrastructure, new energy vehicle power systems, and smart devices.</p>\n<p>Downstream, China's analog IC market shows varied growth trends across major application areas. The automotive sector is expected to be the fastest-growing segment, while networking and computing remain the largest downstream market. Industrial and energy applications continue to expand, with consumer electronics providing a solid demand base.</p>\n<p>Both the global and Chinese analog IC markets maintain relatively stable and fragmented competitive landscapes. In 2025, the top eight companies collectively held a 37.3% share of China's analog IC market, with Sg Micro ranking first among Chinese firms and eighth globally. In the global analog IC market, the company ranked within the top fifteen.</p>\n<p>The company's board will consist of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors. Directors serve three-year terms and are eligible for re-election.</p>\n<p>As of March 22, 2026, entities including Hongshun Xiangtai, Baoli Hongya, Hongwei International, Dr. Zhang, Ms. Zhang, Mr. Lin Lin, and Ms. Wen Li, under a concerted action agreement, directly and indirectly controlled a total of 221,512,150 shares, representing approximately 35.69% of the voting rights.</p>\n<p>The professional team includes joint sponsors: China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited. Legal advisors are Cooley HK for Hong Kong and U.S. law, and JunHe LLP for Chinese law and international sanctions law. Legal advisors for the joint sponsors are Clifford Chance for Hong Kong and U.S. law, and Shihui Partners for Chinese law. The reporting accountant and independent auditor is Ernst & Young, with Frost & Sullivan as the industry consultant and Cheer Bright Capital Limited as the compliance advisor.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sg Micro Corp Files for Hong Kong IPO Again, Deepening Focus on Analog IC Sector</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSg Micro Corp Files for Hong Kong IPO Again, Deepening Focus on Analog IC Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-04-02 08:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sg Micro Corp (300661.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited acting as joint sponsors. This marks the company's second attempt to list in Hong Kong.</p>\n<p>According to the prospectus, Sg Micro Corp is a comprehensive analog integrated circuit (IC) company that develops and sells high-performance analog ICs and sensors. These components perform functions such as sensing, amplification, conversion, and driving, serving as fundamental building blocks for all electronic systems. Data from Frost & Sullivan indicates that based on 2025 revenue, the company ranked first among domestic firms in China's analog IC market and eighth globally, capturing a 1.8% market share.</p>\n<p>To date, the company offers over 6,800 analog IC and sensor products across 38 categories. Its products are not only core components in end markets like industrial, networking, and consumer electronics but are also increasingly applied in electric vehicles, data centers, robotics, renewable energy, and next-generation consumer devices.</p>\n<p>Specifically, Sg Micro provides a broad and differentiated portfolio of general-purpose and application-optimized analog products, spanning two main domains: signal chain and power management, which form the dual pillars of its product matrix. Signal chain ICs help electronic devices interpret the physical world. The company's signal chain products capture, condition, and amplify signals from the physical world, converting them into high-precision digital signals while maintaining signal integrity from data acquisition to final output, which is crucial for applications requiring precise measurement, low noise, and minimal error.</p>\n<p>Power management ICs control how energy is delivered within electronic devices. They determine the power allocated to different components, convert electricity to required voltage levels, and safely distribute power throughout the system while protecting against issues like power surges or abnormal current flow.</p>\n<p>The company's customers primarily include distributors and direct sales clients. During 2023, 2024, and 2025, revenue from the top five customers accounted for 37.3%, 35.6%, and 33.1% of total revenue, respectively. Supplier concentration is relatively high, with key suppliers being wafer foundries and packaging and testing service providers. Purchases from the top five suppliers represented 92.4%, 92.3%, and 91.0% of total procurement amounts in 2023, 2024, and 2025, respectively.</p>\n<p>Financial data shows revenue of approximately RMB 2.616 billion, RMB 3.347 billion, and RMB 3.898 billion for 2023, 2024, and 2025. Net profit for the same periods was approximately RMB 270 million, RMB 491 million, and RMB 534 million. Gross profit margins were 44.9%, 47.2%, and 46.2%, respectively.</p>\n<p>The global semiconductor market experienced significant growth from 2021 to 2025, expanding from RMB 3.6 trillion to RMB 4.8 trillion, with a compound annual growth rate of 7.8%. From 2025 to 2029, the CAGR is projected to be 9.2%, reaching a market size of RMB 7.7 trillion by 2030. Integrated circuits constitute the largest segment, accounting for 88.1% of the total market.</p>\n<p>Driven by rapid development in industrial and energy, automotive, networking and computing, and consumer electronics sectors, the global analog IC market grew from RMB 478.1 billion in 2021 to RMB 617.9 billion in 2025. Looking ahead, the proliferation of AI applications, advanced driver-assistance systems, and new energy vehicles is expected to drive growth, with the global analog IC market projected to reach RMB 927 billion by 2030.</p>\n<p>As one of the largest consumers of analog ICs globally, China's market size increased significantly from RMB 158 billion in 2021 to RMB 218.4 billion in 2025, and is forecasted to reach RMB 389.4 billion by 2030. The signal chain IC segment is expected to maintain rapid growth due to industrial automation, new energy vehicles, and embodied intelligence, with its market size rising from RMB 57.1 billion in 2021 to RMB 79.3 billion in 2025, and projected to reach RMB 133 billion by 2030. China's power management IC market grew from RMB 99.9 billion in 2021 to RMB 139 billion in 2025, and is anticipated to strengthen further, reaching RMB 256.4 billion by 2030, driven by demand from AI infrastructure, new energy vehicle power systems, and smart devices.</p>\n<p>Downstream, China's analog IC market shows varied growth trends across major application areas. The automotive sector is expected to be the fastest-growing segment, while networking and computing remain the largest downstream market. Industrial and energy applications continue to expand, with consumer electronics providing a solid demand base.</p>\n<p>Both the global and Chinese analog IC markets maintain relatively stable and fragmented competitive landscapes. In 2025, the top eight companies collectively held a 37.3% share of China's analog IC market, with Sg Micro ranking first among Chinese firms and eighth globally. In the global analog IC market, the company ranked within the top fifteen.</p>\n<p>The company's board will consist of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors. Directors serve three-year terms and are eligible for re-election.</p>\n<p>As of March 22, 2026, entities including Hongshun Xiangtai, Baoli Hongya, Hongwei International, Dr. Zhang, Ms. Zhang, Mr. Lin Lin, and Ms. Wen Li, under a concerted action agreement, directly and indirectly controlled a total of 221,512,150 shares, representing approximately 35.69% of the voting rights.</p>\n<p>The professional team includes joint sponsors: China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited. Legal advisors are Cooley HK for Hong Kong and U.S. law, and JunHe LLP for Chinese law and international sanctions law. Legal advisors for the joint sponsors are Clifford Chance for Hong Kong and U.S. law, and Shihui Partners for Chinese law. The reporting accountant and independent auditor is Ernst & Young, with Frost & Sullivan as the industry consultant and Cheer Bright Capital Limited as the compliance advisor.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159546":"集成电路","300661":"圣邦股份","BK0125":"芯片国产化","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","BK0214":"IT设备","LU1146622755.USD":"安本中国A股股票基金A Acc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103986621","content_text":"Sg Micro Corp (300661.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited acting as joint sponsors. This marks the company's second attempt to list in Hong Kong.\nAccording to the prospectus, Sg Micro Corp is a comprehensive analog integrated circuit (IC) company that develops and sells high-performance analog ICs and sensors. These components perform functions such as sensing, amplification, conversion, and driving, serving as fundamental building blocks for all electronic systems. Data from Frost & Sullivan indicates that based on 2025 revenue, the company ranked first among domestic firms in China's analog IC market and eighth globally, capturing a 1.8% market share.\nTo date, the company offers over 6,800 analog IC and sensor products across 38 categories. Its products are not only core components in end markets like industrial, networking, and consumer electronics but are also increasingly applied in electric vehicles, data centers, robotics, renewable energy, and next-generation consumer devices.\nSpecifically, Sg Micro provides a broad and differentiated portfolio of general-purpose and application-optimized analog products, spanning two main domains: signal chain and power management, which form the dual pillars of its product matrix. Signal chain ICs help electronic devices interpret the physical world. The company's signal chain products capture, condition, and amplify signals from the physical world, converting them into high-precision digital signals while maintaining signal integrity from data acquisition to final output, which is crucial for applications requiring precise measurement, low noise, and minimal error.\nPower management ICs control how energy is delivered within electronic devices. They determine the power allocated to different components, convert electricity to required voltage levels, and safely distribute power throughout the system while protecting against issues like power surges or abnormal current flow.\nThe company's customers primarily include distributors and direct sales clients. During 2023, 2024, and 2025, revenue from the top five customers accounted for 37.3%, 35.6%, and 33.1% of total revenue, respectively. Supplier concentration is relatively high, with key suppliers being wafer foundries and packaging and testing service providers. Purchases from the top five suppliers represented 92.4%, 92.3%, and 91.0% of total procurement amounts in 2023, 2024, and 2025, respectively.\nFinancial data shows revenue of approximately RMB 2.616 billion, RMB 3.347 billion, and RMB 3.898 billion for 2023, 2024, and 2025. Net profit for the same periods was approximately RMB 270 million, RMB 491 million, and RMB 534 million. Gross profit margins were 44.9%, 47.2%, and 46.2%, respectively.\nThe global semiconductor market experienced significant growth from 2021 to 2025, expanding from RMB 3.6 trillion to RMB 4.8 trillion, with a compound annual growth rate of 7.8%. From 2025 to 2029, the CAGR is projected to be 9.2%, reaching a market size of RMB 7.7 trillion by 2030. Integrated circuits constitute the largest segment, accounting for 88.1% of the total market.\nDriven by rapid development in industrial and energy, automotive, networking and computing, and consumer electronics sectors, the global analog IC market grew from RMB 478.1 billion in 2021 to RMB 617.9 billion in 2025. Looking ahead, the proliferation of AI applications, advanced driver-assistance systems, and new energy vehicles is expected to drive growth, with the global analog IC market projected to reach RMB 927 billion by 2030.\nAs one of the largest consumers of analog ICs globally, China's market size increased significantly from RMB 158 billion in 2021 to RMB 218.4 billion in 2025, and is forecasted to reach RMB 389.4 billion by 2030. The signal chain IC segment is expected to maintain rapid growth due to industrial automation, new energy vehicles, and embodied intelligence, with its market size rising from RMB 57.1 billion in 2021 to RMB 79.3 billion in 2025, and projected to reach RMB 133 billion by 2030. China's power management IC market grew from RMB 99.9 billion in 2021 to RMB 139 billion in 2025, and is anticipated to strengthen further, reaching RMB 256.4 billion by 2030, driven by demand from AI infrastructure, new energy vehicle power systems, and smart devices.\nDownstream, China's analog IC market shows varied growth trends across major application areas. The automotive sector is expected to be the fastest-growing segment, while networking and computing remain the largest downstream market. Industrial and energy applications continue to expand, with consumer electronics providing a solid demand base.\nBoth the global and Chinese analog IC markets maintain relatively stable and fragmented competitive landscapes. In 2025, the top eight companies collectively held a 37.3% share of China's analog IC market, with Sg Micro ranking first among Chinese firms and eighth globally. In the global analog IC market, the company ranked within the top fifteen.\nThe company's board will consist of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors. Directors serve three-year terms and are eligible for re-election.\nAs of March 22, 2026, entities including Hongshun Xiangtai, Baoli Hongya, Hongwei International, Dr. Zhang, Ms. Zhang, Mr. Lin Lin, and Ms. Wen Li, under a concerted action agreement, directly and indirectly controlled a total of 221,512,150 shares, representing approximately 35.69% of the voting rights.\nThe professional team includes joint sponsors: China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited. Legal advisors are Cooley HK for Hong Kong and U.S. law, and JunHe LLP for Chinese law and international sanctions law. Legal advisors for the joint sponsors are Clifford Chance for Hong Kong and U.S. law, and Shihui Partners for Chinese law. The reporting accountant and independent auditor is Ernst & Young, with Frost & Sullivan as the industry consultant and Cheer Bright Capital Limited as the compliance advisor.","news_type":1,"symbols_score_info":{"159546":1,"300661":1,"HEXmain":1}},"isVote":1,"tweetType":1,"viewCount":1926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378112400,"gmtCreate":1619010348600,"gmtModify":1704718228496,"author":{"id":"3582015151658901","authorId":"3582015151658901","name":"thesa","avatar":"https://static.tigerbbs.com/bc65c715aee41f251ab29ef17627cf4b","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582015151658901","idStr":"3582015151658901"},"themes":[],"htmlText":"Looks like a potential growth stock","listText":"Looks like a potential growth stock","text":"Looks like a potential growth stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378112400","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618979520,"share":"https://ttm.financial/m/news/2129829074?lang=en_US&edition=fundamental","pubTime":"2021-04-21 12:32","market":"hk","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCT":"Cricut, Inc.","PATH":"UiPath","TERN":"Terns Pharmaceuticals, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1,"symbols_score_info":{"TERN":0.9,"CRCT":0.9,"PATH":0.9}},"isVote":1,"tweetType":1,"viewCount":2026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}