Sichuan Hexie Shuangma Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Sichuan Hexie Shuangma Co., Ltd.

Sichuan Hexie Shuangma Co., Ltd., established in 1998, is a leading provider in the agricultural sector, primarily focusing on the production of various types of fertilizers and pest control products.

In 2004, the company launched its initial public offering (IPO) on the Shenzhen Stock Exchange, under the ticker symbol 002021. Since then, it has experienced significant growth in market capitalization, which reached approximately ¥5.6 billion by the end of 2022.

By 2015, Hexie Shuangma had diversified its product offerings, introducing over 100 different types of fertilizers, including both organic and chemical varieties. The company's commitment to research and development (R&D) led to an increase in R&D expenditures, which accounted for about 3.5% of its total revenue that year.

In 2020, Hexie Shuangma reported total revenue of approximately ¥3.2 billion, reflecting a year-over-year growth of 12%. The net profit for the same year was around ¥450 million, showing robust profitability in a competitive market.

The following table illustrates the key financial performance indicators of Sichuan Hexie Shuangma from 2018 to 2022:

The company’s expansion strategy included enhancing production capabilities and entering new markets, leading to a footprint in over 30 countries by 2021. Hexie Shuangma has also been actively pursuing sustainable practices, with a goal to increase its organic product line by 25% by 2025.

As of 2023, the company’s stock price fluctuated around ¥11.50, with analysts projecting a potential upside, reflecting a growing appetite for agricultural investments in response to global food security concerns.

In recent years, Sichuan Hexie Shuangma has also focused on digital transformation within its operations, leveraging technology to optimize supply chains and enhance customer engagement through e-commerce platforms. This move is anticipated to drive efficiency and boost sales performance in the coming fiscal years.

A Who Owns Sichuan Hexie Shuangma Co., Ltd.

Sichuan Hexie Shuangma Co., Ltd. is a publicly traded company based in China, primarily engaged in manufacturing and selling chemical fertilizers and other agricultural products. As of October 2023, the company is listed on the Shenzhen Stock Exchange with the ticker symbol 002128. It operates in the agricultural chemical sector, focusing on products that support sustainable agriculture practices.

The ownership structure of Sichuan Hexie Shuangma Co., Ltd. is characterized by a mix of institutional and individual investors, along with significant stakes held by key shareholders. The latest available data provides insight into the distribution of ownership among these parties.

According to the 2023 annual report, the top three largest shareholders control approximately 55.86% of the company's equity, indicating a relatively concentrated ownership compared to many other publicly traded firms. This concentration could affect corporate governance and decision-making processes.

In terms of financial performance, Sichuan Hexie Shuangma Co., Ltd. reported a revenue of approximately RMB 3.5 billion in 2022, reflecting a year-over-year growth of 12%. The net profit for the same period was about RMB 400 million, yielding a net profit margin of approximately 11.43%.

The company has seen fluctuations in stock performance, with its shares trading within a range of RMB 8.00 to RMB 12.50 in 2023. As of October 2023, the share price stands around RMB 10.20, with a market capitalization of approximately RMB 8 billion.

Additionally, the company maintains a dividend policy, with a proposed dividend of RMB 0.45 per share announced for the 2022 fiscal year, which represents a dividend yield of approximately 4.41% based on the current share price.

Overall, the ownership landscape of Sichuan Hexie Shuangma Co., Ltd. is instrumental in understanding its corporate governance, investment strategies, and potential for future growth in the agricultural sector.

Sichuan Hexie Shuangma Co., Ltd. Mission Statement

Sichuan Hexie Shuangma Co., Ltd. focuses on the manufacturing and sales of a wide range of agricultural machinery and equipment, particularly for the rice, wheat, and corn industries. The company's mission statement emphasizes innovation, quality, and social responsibility, positioning itself as a leader in the agricultural sector. The company strives to enhance productivity and efficiency for farmers while ensuring sustainable practices are integrated into its operations.

As of the latest reports, Sichuan Hexie Shuangma's revenue for the fiscal year 2022 was approximately RMB 2.5 billion, with a year-on-year growth of 12%. The company reported a net profit margin of 8%, reflecting effective cost management and operational efficiency.

The mission statement is underscored by several core values:

• Innovation in product development and technology adoption.
• Commitment to high-quality standards in manufacturing processes.
• Dedication to environmental sustainability in all operations.
• Focus on customer satisfaction and creating value for stakeholders.

In the pursuit of its mission, Sichuan Hexie Shuangma has invested heavily in research and development, allocating approximately RMB 200 million in 2022, which represents 8% of its total revenue. This investment aims to foster advancements in machinery that meet the evolving needs of modern agriculture.

The mission statement also reflects the company's long-term vision, which includes expanding its market reach internationally. Sichuan Hexie Shuangma aims to increase its export volume by 20% over the next three years, targeting emerging markets in Southeast Asia and Africa.

In recent years, Sichuan Hexie Shuangma has enhanced its supply chain operations, leading to a reduction in operational costs by approximately 5% in 2022. This efficiency allows the company to pass savings onto customers while maintaining high-quality products.

In aligning with its mission, Sichuan Hexie Shuangma aims to implement green technology within its machinery, contributing to the reduction of carbon footprints in the agriculture sector. This initiative is part of its broader commitment to sustainability, which has garnered positive feedback from both consumers and industry analysts.

How Sichuan Hexie Shuangma Co., Ltd. Works

Sichuan Hexie Shuangma Co., Ltd. is a prominent player in the Chinese agricultural machinery industry, specializing in the production and sale of various types of agricultural equipment. The company was established in 1963 and has evolved over the decades to cater to the needs of modern agriculture, focusing on enhancing productivity and efficiency for farmers.

The company's core product range includes tractors, rice transplanters, and other agricultural machinery. As of 2023, Sichuan Hexie Shuangma holds a significant share in the domestic market, contributing to the advancement of mechanization in farming processes.

In 2022, the total revenue reported by Sichuan Hexie Shuangma was approximately RMB 1.02 billion, a growth of 15% compared to the previous year. This growth can be attributed to increased demand for agricultural machinery stemming from government initiatives aimed at modernizing the agricultural sector.

Operationally, the company focuses on research and development (R&D) to innovate its product offerings, investing around RMB 50 million in R&D in 2022. This commitment to innovation has led to advanced machinery features such as precision planting technology and automated controls.

The following table summarizes key financial metrics for Sichuan Hexie Shuangma over the last three years:

Sichuan Hexie Shuangma's strategic approach includes a robust distribution network, which spans across multiple provinces in China, ensuring accessibility to both rural and urban markets. The company operates several manufacturing plants that adhere to stringent quality control standards, thereby maintaining the reliability of its products.

Furthermore, the firm emphasizes sustainability by developing eco-friendly machinery options that align with global environmental standards. This initiative has resonated well with both consumers and regulatory bodies, positively impacting the company's reputation.

In terms of market presence, Sichuan Hexie Shuangma's market capitalization as of October 2023 stands at approximately RMB 3.5 billion, reflecting investor confidence in the company's growth trajectory. The stock has shown resilience, with a year-to-date performance increase of 25%.

Additionally, the company has been actively pursuing international expansion, exporting its products to Southeast Asia and parts of Africa. In the fiscal year 2022, international sales accounted for about 10% of total revenue, with projections to increase this share significantly in the coming years.

Sichuan Hexie Shuangma also works closely with local governments and agricultural cooperatives to provide training programs aimed at enhancing the skills of local farmers in using its machinery effectively. This initiative not only improves customer satisfaction but also drives repeat sales.

Overall, Sichuan Hexie Shuangma Co., Ltd. operates as a comprehensive provider of agricultural solutions, integrating advanced technology, sustainable practices, and customer-centric strategies to maintain its competitive edge in the market.

How Sichuan Hexie Shuangma Co., Ltd. Makes Money

Sichuan Hexie Shuangma Co., Ltd., a prominent player in the production of cement and concrete, generates revenue through various channels, primarily centered around its core business activities. In 2022, the company reported substantial figures in both sales and production, showcasing its operational efficiency.

In the fiscal year 2022, Sichuan Hexie Shuangma Co., Ltd. achieved total revenue of approximately ¥3.5 billion, marking a year-over-year growth of 12%. The company's net profit for the same period was around ¥420 million, reflecting an increase from the previous year’s ¥375 million.

The company's revenue stream is significantly bolstered by its cement production segment, which alone accounted for over 70% of total revenue in 2022. With an annual production capacity exceeding 5 million tons, Sichuan Hexie Shuangma is one of the leading cement manufacturers in the region.

Additionally, the company’s concrete segment has been expanding, contributing approximately 20% to the total sales. This growth is attributed to the increasing demand for ready-mixed concrete driven by ongoing infrastructure projects in Sichuan province and surrounding areas.

Export sales have also become an important revenue source, with exports reaching ¥150 million in 2022, accounting for about 4.3% of total sales. Major markets include Southeast Asia and parts of the Middle East, where demand for high-quality cement is on the rise.

The strategic focus on innovation and expansion has led to investments in technology upgrades, enhancing production efficiency and reducing operational costs. In 2022, capital expenditures totaled ¥300 million, primarily directed towards new processing equipment and environmental sustainability initiatives.

The company also benefits from various government policies supporting the construction sector, which include subsidies and infrastructure spending aimed at boosting local economies. These initiatives have aligned with Sichuan Hexie Shuangma's growth strategies, fostering a stable operating environment.

In terms of pricing, Sichuan Hexie Shuangma maintained a competitive edge with an average selling price of ¥600 per ton of cement in 2022, which remained stable despite market fluctuations, thus ensuring consistent profit margins.

Overall, Sichuan Hexie Shuangma Co., Ltd. capitalizes on a combination of domestic demand, strategic investments, and effective cost management to enhance profitability and sustain growth in a challenging economic landscape.