Suzhou Gold Mantis Construction Decoration Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Suzhou Gold Mantis Construction Decoration Co., Ltd.

Suzhou Gold Mantis Construction Decoration Co., Ltd., founded in 1993, has evolved into one of China’s leading decorative engineering companies. It is listed on the Shenzhen Stock Exchange under the ticker symbol 002081. The company specializes in high-end interior decoration and provides a wide range of services from design to construction.

In 2021, Gold Mantis reported a total revenue of approximately RMB 29.15 billion (about USD 4.5 billion), marking a year-over-year increase of 14.9%. The net profit attributable to shareholders for the same year stood at around RMB 1.07 billion, reflecting a growth of 8.3% compared to 2020.

The company has expanded its operations globally, participating in significant projects such as the construction of luxury hotels and commercial buildings. By 2023, Gold Mantis had participated in over 10,000 construction projects across various sectors, including residential, cultural, and commercial spaces.

As of October 2023, the company has been recognized with several awards, including the China Top 500 Enterprises and the China Top 50 Construction Companies. The company’s strong market presence is bolstered by its skilled workforce of over 20,000 employees, ensuring quality and efficiency in project execution.

Furthermore, Suzhou Gold Mantis has committed to sustainable practices, aiming to reduce carbon emissions and enhance energy efficiency in its operations. The company has invested approximately RMB 1.5 billion in green building technologies over the last five years.

As per the latest data, the stock price of Suzhou Gold Mantis is approximately RMB 16.50, with a market capitalization of around RMB 22 billion. The company maintains a price-to-earnings (P/E) ratio of approximately 20.2, indicating robust investor confidence and future growth potential in the construction and decoration sector.

A Who Owns Suzhou Gold Mantis Construction Decoration Co., Ltd.

Suzhou Gold Mantis Construction Decoration Co., Ltd. is a leading construction and decoration company based in China, known for its comprehensive range of services in the construction sector. The company is publicly traded on the Shanghai Stock Exchange under the ticker symbol 002081.SZ. As of September 2023, its market capitalization stands approximately at ¥36.5 billion (around $5.07 billion USD).

The ownership structure of Suzhou Gold Mantis is comprised mainly of institutional investors, individual shareholders, and a significant portion owned by the founding family. The following is a breakdown of major shareholders:

The founding family of Suzhou Gold Mantis, particularly the chairman, Wu Haiyan, plays an instrumental role in the management and direction of the company. Wu's leadership has been pivotal in expanding the company’s operations domestically and internationally. The company specializes in construction decoration, offering services such as design, decoration, and construction management, which are crucial in the booming real estate sector in China.

As of the latest financial report for Q2 2023, Suzhou Gold Mantis reported revenue of ¥12.6 billion (approximately $1.7 billion USD), with a net profit of ¥1.3 billion (around $180 million USD), reflecting a growth rate of 15% year-over-year. The company’s total assets reached around ¥25.9 billion (approximately $3.6 billion USD), marking a significant increase compared to the previous fiscal year.

In the context of its operational performance, the company holds a strong competitive position within the industry, supported by a diversified portfolio and extensive project experience. The construction sector in China faces challenges such as rising material costs and regulatory changes but continues to offer substantial opportunities for growth. As of September 2023, Suzhou Gold Mantis has active projects valued at over ¥20 billion (approximately $2.8 billion USD), securing its market presence.

In summary, the ownership landscape of Suzhou Gold Mantis Construction Decoration Co., Ltd. is characterized by significant familial control, institutional investment, and a robust presence of individual shareholders, reflecting its strategic importance in the construction industry. The financial indicators highlight a strong growth trajectory, aligning with China's ongoing urban development initiatives.

Suzhou Gold Mantis Construction Decoration Co., Ltd. Mission Statement

Suzhou Gold Mantis Construction Decoration Co., Ltd. aims to be a top-tier construction and decoration service provider, focusing on delivering high-quality, innovative solutions while embracing sustainable practices. The company emphasizes the importance of customer satisfaction and environmental stewardship.

The mission statement is centered around several key aspects:

• Customer-Centric Approach: Committed to understanding client needs and providing customized solutions.
• Innovation: Investing in the latest technology and design methodologies to enhance service offerings.
• Sustainability: Incorporating eco-friendly materials and processes in projects to minimize environmental impact.
• Quality Assurance: Maintaining rigorous standards in all projects to ensure client expectations are exceeded.

In 2022, the revenue of Suzhou Gold Mantis construction amounted to approximately RMB 51.94 billion, showcasing the company's significant market presence. The net profit attributed to shareholders for the same year was around RMB 2.3 billion, reflecting a profit margin of approximately 4.4%.

The company operates across various segments, including public facilities, commercial real estate, and residential projects, further diversifying its portfolio. The following table outlines the revenue distribution across these segments for the fiscal year 2022:

As of October 2023, Suzhou Gold Mantis has an order backlog valued at approximately RMB 60 billion, indicating a robust pipeline that bodes well for future revenue. The consistent focus on strategic partnerships and joint ventures has enabled the company to expand its reach, both domestically and internationally.

Another noteworthy aspect is their commitment to sustainability. The company has implemented a range of initiatives, including energy-efficient designs and waste reduction practices, aiming to achieve 40% reduction in waste generated from construction sites by 2025.

The workforce at Suzhou Gold Mantis comprises over 30,000 employees, with a strong emphasis on training and professional development to foster innovation and efficiency within the organization. The company’s approach to corporate social responsibility (CSR) includes investing in community development projects, further enhancing its brand reputation.

In conclusion, Suzhou Gold Mantis Construction Decoration Co., Ltd. maintains a mission statement that encompasses a customer-centric philosophy, innovation, and sustainability, alongside a strong performance in financial metrics and market presence.

How Suzhou Gold Mantis Construction Decoration Co., Ltd. Works

Suzhou Gold Mantis Construction Decoration Co., Ltd. is a leading player in China's construction and decoration industry, specializing in high-end residential and commercial projects. Established in 1993, the company has grown significantly over the years, both in terms of scale and market reach.

As of 2022, Suzhou Gold Mantis reported revenues of approximately RMB 51.2 billion (around $7.8 billion), showcasing an increase of 15.6% from the previous year. The net profit for the same period stood at RMB 3.6 billion (approximately $543 million), reflecting a profit margin of about 7%.

In 2023, the company continued its expansion strategy, focusing on capturing more market share by entering new geographical areas and enhancing its service offerings. The total number of projects contracted reached over 2,000, with a backlog worth approximately RMB 70 billion (around $10.6 billion).

The company operates through several core segments: construction, interior decoration, and landscape engineering. Approximately 65% of its revenue comes from construction, while interior decoration contributes about 25%, and landscape engineering the remaining 10%.

Suzhou Gold Mantis has been actively investing in technology and sustainable practices. In 2022, they allocated around RMB 1.2 billion (approximately $181 million) for Research & Development (R&D) efforts, focusing on innovative building materials and environmentally friendly construction techniques.

The company maintains a robust balance sheet, with total assets reported at RMB 70 billion (around $10.6 billion) and liabilities of approximately RMB 50 billion (around $7.5 billion), resulting in a debt-to-equity ratio of 0.71.

In terms of workforce, Suzhou Gold Mantis employed over 15,000 individuals as of 2022, with a strong emphasis on training and development, investing about RMB 100 million (around $15 million) annually in employee skill enhancement programs.

The company's stock is listed on the Shenzhen Stock Exchange, where its performance has shown remarkable resilience. As of September 2023, shares were trading at around RMB 23.5 per share, with a market capitalization of approximately RMB 35 billion (around $5.3 billion).

In summary, Suzhou Gold Mantis Construction Decoration Co., Ltd. operates with a comprehensive business model that integrates construction, decoration, and innovative practices to maintain its leadership position in the competitive landscape of the industry.

How Suzhou Gold Mantis Construction Decoration Co., Ltd. Makes Money

Suzhou Gold Mantis Construction Decoration Co., Ltd. primarily generates revenue through the construction and decoration of residential and commercial properties. The company operates in the construction industry, focusing on interior design and decoration. In 2022, Gold Mantis reported a revenue of approximately RMB 55 billion (around USD 8.4 billion), reflecting a year-over-year growth of 15%.

The revenue streams are diversified across various sectors, including real estate development, public construction projects, and providing decoration services for both domestic and international clients. In 2022, the breakdown of revenue sources was as follows:

The company’s strong position in the market can also be attributed to its strategic partnerships and contracts with several major property developers. For instance, in 2022, Gold Mantis secured contracts worth around RMB 30 billion (approximately USD 4.5 billion) from top real estate firms in China, enabling them to maintain a robust order backlog.

Additionally, Gold Mantis has been expanding its international footprint. Notably, projects in Southeast Asia and Africa contributed to an increase in foreign revenue, which represented about 18% of the company’s total revenue in 2022. The International segment increased from RMB 3 billion in 2021 to RMB 5 billion in 2022.

In terms of profitability, Suzhou Gold Mantis reported a net profit margin of 6% in 2022, with net income reaching approximately RMB 3.3 billion (about USD 0.5 billion). This profitability is driven by cost management strategies and operational efficiencies that the company implemented. Their current ratio stood at 1.5, indicating strong short-term financial health.

As of the end of 2022, the company has assets totaling approximately RMB 62 billion (around USD 9.4 billion), making it one of the largest construction and decoration enterprises in China. The firm’s debt-to-equity ratio is approximately 0.7, which reflects a balanced approach to leveraging its operations while maintaining financial stability.

This combination of strategic project selection, diversified revenue streams, and robust financial management positions Suzhou Gold Mantis for continued growth in the competitive construction market.