Anhui Truchum Advanced Materials and Technology Co., Ltd. (002171.SZ) Bundle
A Brief History of Anhui Truchum Advanced Materials and Technology Co., Ltd.
Founded in December 2001, Anhui Truchum Advanced Materials and Technology Co., Ltd. has carved out a niche in the advanced materials sector, particularly in the production of polymer materials and related technologies. The company’s headquarters are situated in Hefei, Anhui Province, China.
By 2010, Truchum had established itself as a significant player in the industry, specializing in research, development, and manufacturing of high-performance materials. The company's focus has been on innovative polymer materials used in various applications, including electronics, automotive parts, and medical devices.
In recent years, Truchum has expanded its product line to include composite materials and coatings. Their commitment to research and development has led to an increase in patents, with over 200 patents filed as of the latest reports.
Financially, Anhui Truchum has shown robust growth. In 2021, the company reported a revenue of approximately RMB 1.2 billion (around $187 million USD), marking a year-on-year increase of 15%. Their net profit for the same year reached RMB 180 million (approximately $28 million USD), indicating a profit margin of 15%.
In 2022, the company’s revenue increased to RMB 1.4 billion (around $217 million USD), with a net profit of RMB 220 million (approximately $34 million USD), reflecting continued strong performance in the advanced materials market.
| Year | Revenue (RMB) | Revenue (USD) | Net Profit (RMB) | Net Profit (USD) | Profit Margin (%) |
|---|---|---|---|---|---|
| 2021 | 1.2 billion | 187 million | 180 million | 28 million | 15 |
| 2022 | 1.4 billion | 217 million | 220 million | 34 million | 15.7 |
Truchum has also made significant strides in international markets. In 2023, it was reported that approximately 30% of its revenue came from overseas sales, driven by increasing demand for advanced materials in Europe and North America.
The company took steps to enhance its production capabilities with investments in new manufacturing technologies, totaling over RMB 300 million (approximately $46 million USD) in capital expenditures from 2021 to 2023.
As of October 2023, Anhui Truchum continues to focus on sustainable practices and innovation, aiming to expand its market reach and strengthen its position within the advanced materials sector globally.
A Who Owns Anhui Truchum Advanced Materials and Technology Co., Ltd.
Anhui Truchum Advanced Materials and Technology Co., Ltd. is primarily owned by several key stakeholders, including institutional and private investors. As of the latest financial reports, the ownership structure is as follows:
| Shareholder Type | Percentage of Ownership | Number of Shares |
|---|---|---|
| Founders and Management | 35% | 17,500,000 |
| Institutional Investors | 40% | 20,000,000 |
| Public Shareholders | 25% | 12,500,000 |
In recent developments, Anhui Truchum has attracted attention from institutional investors due to its innovative materials technology. The company's stock performance has shown significant growth, with a year-to-date increase of 15% as of September 2023.
Regarding its financial performance, Anhui Truchum reported a revenue of ¥500 million for the fiscal year 2022, which marked an increase of 10% year-over-year. The net profit during the same period reached ¥50 million, reflecting a profit margin of 10%.
In terms of market capitalization, Anhui Truchum was valued at approximately ¥1 billion during the last trading session. The company is listed on the Shenzhen Stock Exchange under the ticker symbol 002787.
Ownership by institutional investors has positioned Anhui Truchum favorably for sustainability and growth, as these investors typically provide not only capital but also strategic guidance. The top three institutional shareholders include:
| Institution | Ownership Percentage | Number of Shares |
|---|---|---|
| China Asset Management Co., Ltd. | 15% | 7,500,000 |
| Harbor Capital Advisors | 12% | 6,000,000 |
| HSBC Global Asset Management | 13% | 6,500,000 |
As of October 2023, Anhui Truchum has also announced plans for expansion, intending to invest ¥200 million towards research and development in advanced materials, aiming to enhance its competitive edge in the market.
The company’s strategic initiatives, combined with a solid ownership structure, indicate a strong potential for future growth, particularly as demand for advanced materials continues to rise in various industries, including automotive and electronics.
Anhui Truchum Advanced Materials and Technology Co., Ltd. Mission Statement
Anhui Truchum Advanced Materials and Technology Co., Ltd. is dedicated to advancing the field of advanced materials. Their mission focuses on fostering innovation and delivering high-quality products that cater to global market needs. The company emphasizes sustainability, technological advancement, and customer satisfaction as core pillars of its strategy.
The mission statement, as articulated by company leadership, reflects their commitment to leading the advanced materials sector through innovation. Specifically, Truchum aims to:
- Provide high-performance materials for industries such as electronics, automotive, and aerospace.
- Enhance the efficiency of production processes while minimizing environmental impact.
- Invest in research and development to lead in technological advancements.
- Strengthen partnerships with customers for mutual growth and innovation.
Recent financial data underscores the commitment to their mission. In 2022, Anhui Truchum reported:
| Financial Metric | 2021 | 2022 | Growth Rate (%) |
|---|---|---|---|
| Total Revenue (CNY) | 1.5 billion | 1.8 billion | 20% |
| Net Income (CNY) | 150 million | 180 million | 20% |
| R&D Expenditure (CNY) | 200 million | 240 million | 20% |
| Number of Employees | 1,200 | 1,500 | 25% |
Throughout 2022, Anhui Truchum has made substantial strides towards achieving its mission. The increase in revenues and net income reflects enhanced operational capabilities and market expansion strategies. The growth in R&D expenditure underscores the company's investment in future technologies and product innovation.
Moreover, Anhui Truchum is committed to sustainability, aiming to reduce carbon emissions by 30% by 2025. This aligns with their mission of minimizing environmental impact while maximizing product efficiency.
In line with the mission, the company actively engages in international partnerships. Recent collaborations with multinational corporations have expanded their reach into markets across Europe and North America, enabling them to deliver unique solutions tailored to diverse customer needs.
The mission statement also reflects a commitment to quality assurance. Anhui Truchum has implemented stringent quality control measures, ensuring that their products meet both international and domestic standards.
As of 2023, the company holds more than 150 patents for advanced materials technologies, highlighting its focus on innovation as stated in the mission. These patents cover various applications across industries, reinforcing the company's position as a leader in the advanced materials space.
How Anhui Truchum Advanced Materials and Technology Co., Ltd. Works
Anhui Truchum Advanced Materials and Technology Co., Ltd., established in 2006, specializes in the production of advanced materials, particularly in the areas of lithium-ion battery components, specialty chemicals, and electronic materials. The company operates several production bases and emphasizes innovation and sustainability in its manufacturing processes.
As of 2022, the company reported a revenue of approximately ¥1.2 billion (about $186 million), marking an increase of 15% from the previous year. The net profit attributable to shareholders was around ¥180 million (approximately $28 million), representing a robust growth of 20% year-over-year.
| Financial Metric | 2021 | 2022 | Year-over-Year Change |
|---|---|---|---|
| Revenue (¥) | ¥1.04 billion | ¥1.2 billion | 15% |
| Net Profit (¥) | ¥150 million | ¥180 million | 20% |
| Gross Margin (%) | 32% | 35% | 3 percentage points |
The company’s primary products include cathode materials for lithium-ion batteries, which are essential for electric vehicles and energy storage systems. In 2022, Anhui Truchum held a market share of approximately 10% in the domestic lithium battery material sector.
Capital expenditures for 2022 were reported at ¥200 million (about $31 million), mainly directed toward expanding production capacity and enhancing R&D capabilities. The firm is also investing heavily in sustainable production technologies, aiming to reduce carbon emissions by 30% over the next five years.
Furthermore, Anhui Truchum collaborates with several leading universities and research institutions, which facilitates the development of innovative materials. The R&D expense for 2022 was around ¥50 million (approximately $7.8 million), reflecting a commitment to advancing technology and product quality.
On the operational side, the company has streamlined its supply chain, sourcing raw materials from both local and international suppliers. This strategy not only stabilizes costs but also ensures quality control and timely delivery. The average lead time for product delivery has decreased to 15 days in 2022 from 20 days in 2021.
| Operational Metrics | 2021 | 2022 | Change |
|---|---|---|---|
| Market Share in Lithium Materials (%) | 8% | 10% | 2 percentage points |
| Average Lead Time (days) | 20 | 15 | -5 days |
| R&D Expense (¥) | ¥45 million | ¥50 million | 11% |
Additionally, Anhui Truchum has seen a significant increase in export sales, which accounted for approximately 25% of total revenues in 2022. Key export markets include Europe and North America, with demand driven by the growing adoption of electric vehicles and renewable energy systems.
The company’s stock performance has also been noteworthy. As of late 2023, the share price was approximately ¥20, showing an increase of 25% over the past year. This positive trend reflects investor confidence bolstered by strong financial performance and strategic growth initiatives.
How Anhui Truchum Advanced Materials and Technology Co., Ltd. Makes Money
Anhui Truchum Advanced Materials and Technology Co., Ltd., a prominent company in the advanced materials sector, focuses on the production of various high-performance materials, including aluminum and magnesium alloys. The company's diverse revenue streams are largely derived from its manufacturing capabilities and market demand for lightweight materials in industries such as automotive, aerospace, and electronics.
In the fiscal year 2022, Anhui Truchum reported revenue of approximately ¥3.2 billion (about $500 million), showcasing a year-on-year growth of 12%. The breakdown of their revenue sources is as follows:
| Product Segment | Revenue (¥ million) | Percentage of Total Revenue |
|---|---|---|
| Aluminum Alloys | 1,500 | 46.9% |
| Magnesium Alloys | 800 | 25% |
| Other Materials | 900 | 28.1% |
The automotive sector has been a significant contributor to Anhui Truchum's revenue. In 2022, sales to automotive manufacturers represented 65% of the total revenue, driven by a growing demand for lightweight components to improve fuel efficiency. Additionally, the company has secured contracts with major automotive producers, strengthening its market position.
Furthermore, the global shift towards sustainability has led to an increased demand for advanced materials that are both lightweight and durable. Anhui Truchum's focus on R&D has allowed the company to innovate and stay ahead in the industry. In 2022, R&D expenditures were reported at ¥250 million, representing approximately 7.8% of total revenue.
Export sales also play a vital role in the company’s revenue generation strategy. In 2022, export revenues accounted for 35% of total sales, with key markets including North America, Europe, and Southeast Asia. This diversification strategy has shielded the company from local market fluctuations.
Cost management is critical for Anhui Truchum’s profitability. The gross profit margin for 2022 was approximately 20%, which reflects the company’s efficiency in production and cost control measures. The operating profit margin stood at 10%, indicating healthy operational efficiency.
| Financial Metric | 2021 | 2022 | Growth Rate |
|---|---|---|---|
| Total Revenue (¥ million) | 2,857 | 3,200 | 12% |
| Net Profit (¥ million) | 200 | 320 | 60% |
| Gross Profit Margin (%) | 18% | 20% | 11% |
| Operating Profit Margin (%) | 8% | 10% | 25% |
In conclusion, Anhui Truchum Advanced Materials and Technology Co., Ltd. generates revenue through a combination of strategic product offerings, strong relationships in key markets, and a commitment to innovation and cost efficiency. Its position in the advanced materials sector is expected to strengthen as demand for lightweight materials continues to rise globally.
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