Sieyuan Electric Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Sieyuan Electric Co., Ltd.

Founded in 1993, Sieyuan Electric Co., Ltd. has established itself as a prominent player in the electrical equipment and automation industry in China. The company specializes in manufacturing a range of products, including high-voltage electrical equipment, power system automation, and intelligent distribution networks.

Sieyuan Electric was listed on the Shenzhen Stock Exchange on December 8, 2010, under the stock code 002028. Since its inception, the company has focused on research and development, investing approximately 8% of its annual revenue into R&D activities. This commitment has resulted in a robust portfolio of more than 200 patents.

In recent years, Sieyuan has expanded its reach beyond domestic markets, entering international markets and establishing a presence in over 50 countries worldwide. In 2022, the company's overseas revenue accounted for 25% of its total revenue, highlighting its growing influence in the global electrical equipment market.

The financial performance of Sieyuan Electric has shown significant growth. For the fiscal year 2022, the company reported total revenue of approximately CNY 6.05 billion, reflecting a year-on-year increase of 15%. The net profit attributable to shareholders for the same year was approximately CNY 720 million, which represents a 10% increase compared to 2021.

Furthermore, Sieyuan Electric's strategic partnerships and collaborations with various international firms have bolstered its capabilities in technology integration and product innovation. The company has participated in major projects, including the smart grid implementation across several provinces in China, contributing to the development of sustainable and efficient energy systems.

As of 2023, Sieyuan Electric continues to lead in several industry indices in China, demonstrating its resilience and adaptability to market trends. The company has been recognized as a key player in the push towards cleaner and more efficient energy solutions, aligning with national policies aimed at reducing carbon emissions.

A Who Owns Sieyuan Electric Co., Ltd.

Sieyuan Electric Co., Ltd. is a publicly traded company based in China, primarily engaged in the production and supply of electric equipment. As of the latest available data, the ownership structure of Sieyuan Electric reflects a mix of institutional and individual shareholders.

According to the company’s annual report for 2022, the largest shareholder is Sihai Group Co., Ltd., holding approximately 29.37% of the total shares. This stake provides Sihai Group significant influence over company decisions and strategic direction.

Other notable shareholders include:

• China National Machinery Industry Corporation (SINOMACH) - holding around 10.24%.
• Huang Yanzhong (Chairman of the Board) - possesses about 5.13%.
• Shenzhen Investment Holdings Co., Ltd. - approximately 4.56%.

Insider ownership comprises a considerable portion of the company's equity. Collectively, management and board members control roughly 15% of the shares, indicating a strong alignment of interests between the management team and shareholders.

Sieyuan Electric is frequently analyzed in terms of institutional ownership, which is critical for assessing the company’s market stability. As of October 2023, approximately 45.89% of the company's shares are held by institutional investors. This figure suggests robust institutional confidence in Sieyuan Electric's growth potential.

The company trades on the Shanghai Stock Exchange under the ticker symbol 002028. The stock's performance over the past year has seen a considerable fluctuation, with its price ranging between CNY 20 and CNY 35.

Additionally, Sieyuan Electric's focus areas include power transmission and transformation equipment, electric energy meters, and smart grid technology, contributing to its strategic partnerships and joint ventures with international firms. The company reported revenues of approximately CNY 3.5 billion for the fiscal year ending December 31, 2022, a significant increase of 12.5% from the previous year.

Overall, Sieyuan Electric's ownership distribution illustrates a strong backing from significant stakeholders, with a well-balanced mix of institutional and insider ownership, which is a vital component for enhancing investor confidence and corporate governance.

Sieyuan Electric Co., Ltd. Mission Statement

Sieyuan Electric Co., Ltd., a prominent player in the electric power industry, focuses on providing reliable and cutting-edge electrical equipment and solutions. The company’s mission statement emphasizes its commitment to innovation, efficiency, and sustainability. The goal is to empower the global energy sector with superior technology that enhances productivity and contributes to environmental protection.

The company aims to deliver high-quality products and solutions in power transmission, power distribution, and electrical automation. Sieyuan's mission is rooted in supporting economic development while minimizing the ecological footprint. The commitment to technological innovation is reflected in their substantial investments in research and development, which reached approximately 6.3% of their revenue in 2022.

As of 2022, Sieyuan Electric reported total revenue of approximately RMB 7.3 billion, marking a year-on-year increase of 12.5%. This growth is indicative of their successful expansion in domestic and international markets.

The company actively practices corporate social responsibility (CSR), integrating sustainable practices into their operations. Their sustainable initiatives include investment in clean energy technologies and reducing greenhouse gas emissions. The target is to achieve 30% reduction in carbon emissions by 2030 compared to 2020 levels.

Sieyuan Electric’s strategic direction emphasizes building a sustainable future through innovation in electrical power solutions. The company has set ambitious goals for expanding its global footprint while remaining dedicated to high standards of quality and customer satisfaction. The mission statement embodies the vision of leading the industry towards technological advancements and sustainable practices.

Through strategic partnerships and collaborations, Sieyuan aims to further enhance its market position, ensuring that their mission aligns with global energy trends and technological advancements. The focus on operational excellence supports its mission of delivering value to customers while committed to social and environmental responsibilities.

How Sieyuan Electric Co., Ltd. Works

Sieyuan Electric Co., Ltd., founded in 1993, is a leading provider of electrical equipment and solutions in China. The company operates in various segments including power transmission and distribution, automation, and energy management systems. As of 2023, Sieyuan has reported revenues amounting to approximately RMB 6.35 billion, showing a steady growth trajectory in the marketplace.

Sieyuan Electric’s product portfolio includes high-voltage apparatus, measurement equipment, smart grids, and related electrical components. The company’s dedication to research and development is evident, as it invests about 5% of its annual revenue into R&D efforts. This focus has resulted in over 200 patents being granted to the company.

In terms of geographic reach, Sieyuan has expanded its operations beyond China, with sales networks in over 40 countries. Their major export markets include Southeast Asia, the Middle East, and Africa. The company is also involved in various international projects, enhancing its global footprint.

Financial performance indicators reflect the company’s stability and growth potential. According to the 2022 financial report, Sieyuan Electric achieved a net profit of approximately RMB 800 million, which represented a year-over-year increase of 15%. The company also reported total assets of around RMB 10.2 billion at the end of 2022.

Sieyuan Electric also places significant emphasis on sustainability and energy efficiency. The company aligns its products with national policies aimed at reducing carbon emissions and promoting renewable energy sources. In this context, Sieyuan has developed various energy-efficient solutions, thereby positioning itself favorably within an increasingly green-centric marketplace.

Leadership at Sieyuan Electric is characterized by a mix of experienced professionals and industry experts. The CEO, Wang Ping, has driven the company's strategic initiatives since 2010, focusing on technological advancement and international market expansion. Under his leadership, Sieyuan’s stock price has increased by approximately 40% over the last five years, reflecting shareholder confidence.

As of the end of Q3 2023, Sieyuan's stock (SZSE: 002028) was trading at approximately RMB 20.25, with a market capitalization of around RMB 12 billion. The company’s P/E ratio stands at 15, which is competitive within the electrical equipment sector. Additionally, Sieyuan maintains a stable dividend yield of 2.5%, appealing to income-focused investors.

In summary, Sieyuan Electric Co., Ltd. exhibits a robust operational structure, an expansive product line, and a commitment to innovation that facilitates its success in the electrical equipment industry. The company's financial health and strategic direction suggest a positive outlook for continued growth in the coming years.

How Sieyuan Electric Co., Ltd. Makes Money

Sieyuan Electric Co., Ltd., a prominent player in the electrical equipment industry, primarily generates revenue through various segments, including electrical substations, power system automation, and smart grid solutions. As of the fiscal year 2022, the company reported a total revenue of approximately RMB 6.8 billion, which marked a growth of 12.3% compared to the previous year.

The company’s revenue streams are diversified across several product lines:

• Electrical Substation Equipment: Contributes significantly to revenue, accounting for around 45% of total sales.
• Power System Automation: This segment has seen substantial growth, representing about 30% of total revenue.
• Smart Grid Solutions: A growing field, contributing approximately 15% of total sales.
• Other Services and Products: The remaining 10% includes maintenance services and custom solutions.

The profitability of Sieyuan Electric can be evidenced by their margin performance. In 2022, the gross profit margin stood at 27%, with a net profit margin of 10%. These metrics demonstrate an efficient operational strategy and cost management, especially in an industry with fluctuating raw material prices.

Sieyuan Electric has also been expanding its market presence internationally. In recent years, their export revenue has increased significantly, accounting for over 20% of total revenue, with major markets including Southeast Asia, Europe, and Africa.

The following table illustrates the revenue breakdown by product line for Sieyuan Electric in 2022:

In 2022, Sieyuan Electric’s R&D expenditures amounted to RMB 500 million, which is approximately 7.4% of total revenue. This investment in innovation is crucial for maintaining a competitive edge, especially in smart grid technology and automation solutions.

Furthermore, Sieyuan Electric has reported a 20% year-over-year increase in orders for its smart grid solutions, indicating strong demand for advanced technological applications in energy management and efficiency. This growing trend aligns with global initiatives toward sustainable energy practices.

Overall, Sieyuan Electric Co., Ltd. leverages its diversified product offerings, strategic international expansion, and substantial investment in R&D to sustain and enhance its revenue generation capabilities in the competitive electrical equipment market.