Suzhou Dongshan Precision Manufacturing Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Suzhou Dongshan Precision Manufacturing Co., Ltd.

Founded in 2002, Suzhou Dongshan Precision Manufacturing Co., Ltd. specializes in high-precision manufacturing and assembly services, primarily in the electronics and telecommunications sectors. The company has gained recognition for its advanced capabilities in manufacturing components such as printed circuit boards (PCBs) and precision machinery components.

In 2010, the company expanded its production capacity with the establishment of a new facility in Suzhou Industrial Park, covering approximately 30,000 square meters. This move significantly enhanced its operational efficiency and production capabilities, enabling a yearly output of over 1 million units of various components.

By 2015, Suzhou Dongshan Precision had reported revenues exceeding RMB 1 billion (approximately USD 150 million), showcasing a compound annual growth rate (CAGR) of 15% since its inception. The profitability was reflected in its net income, which reached around RMB 120 million in the same year.

In 2018, the company made strides in its international expansion strategy, establishing partnerships with major global players in the electronics industry, including firms in Japan and the United States. That year, the total export value accounted for 30% of the total revenue, underscoring its growing global footprint.

As of 2021, Suzhou Dongshan Precision's revenue rose to approximately RMB 2.5 billion (about USD 385 million), with a net profit margin maintained at 10%. The company invested heavily in research and development, allocating over RMB 100 million to innovate and enhance manufacturing techniques.

The company's financial stability is evident in its balance sheet. As of the latest fiscal year report, it recorded total assets of RMB 5 billion and liabilities of RMB 2 billion, resulting in a debt-to-equity ratio of 0.4.

As of October 2023, the company employs over 5,000 people and continues to push the boundaries of precision engineering in its operational methodologies. Its commitment to sustainability has led to initiatives that reduced waste by 25% over the past three years, in line with global environmental goals.

Overall, Suzhou Dongshan Precision Manufacturing Co., Ltd. exemplifies growth and innovation within the precision manufacturing industry, marked by substantial financial achievements and a strategic approach to market expansion.

A Who Owns Suzhou Dongshan Precision Manufacturing Co., Ltd.

Suzhou Dongshan Precision Manufacturing Co., Ltd. (Dongshan Precision) operates in the precision manufacturing industry, primarily focusing on components for electronic products. As of October 2023, it is publicly traded on the Shenzhen Stock Exchange with the stock code 002384.

The company's ownership structure is characterized by a mix of major institutional investors, private shareholders, and company executives. Significant shareholders often include investment funds and national corporations, which influence both strategic decisions and financial performance.

As of the latest fiscal report, the company's total assets reached approximately ¥3.1 billion (approximately $480 million). The revenue for the year ending 2022 was about ¥1.8 billion (around $280 million), showing growth of 15% year-over-year.

The board of directors also plays a critical role in decision-making, with a mix of experienced professionals from the manufacturing and technology sectors. The current Chairman is Zhang Wei, who has been instrumental in driving the company's growth and strategic direction.

In terms of stock performance, as of October 2023, Dongshan Precision's stock price was trading at approximately ¥22.50 per share, reflecting an increase of 10% from the previous quarter. The market capitalization stands at about ¥8 billion (about $1.25 billion).

In summary, the ownership of Suzhou Dongshan Precision Manufacturing Co., Ltd. is diverse, with significant contributions from both individual and institutional investors, alongside strong leadership for strategic growth in the precision manufacturing sector.

Suzhou Dongshan Precision Manufacturing Co., Ltd. Mission Statement

Suzhou Dongshan Precision Manufacturing Co., Ltd., a leading manufacturer in precision electronic components, articulates a mission statement centered around innovation, quality, and customer satisfaction. The company aims to provide high-performance precision components while adhering to environmentally sustainable practices.

In 2022, Suzhou Dongshan reported consolidated revenue of approximately RMB 22.5 billion, reflecting a year-on-year growth of 12.8%. Their commitment to research and development is evident, with 6.2% of total revenue reinvested into R&D activities, focusing on advancing technology in their manufacturing processes.

The mission statement emphasizes three core values:

• Innovation: Continuously enhancing product offerings to meet evolving market demands.
• Quality: Maintaining stringent quality control processes to ensure high standards in production.
• Sustainability: Implementing eco-friendly practices throughout the manufacturing lifecycle.

To contextualize the mission further, below is a table showcasing key performance metrics and goals outlined in their strategic plan.

In terms of corporate governance, the company is dedicated to maintaining transparency and ethical standards. It aligns its objectives with international standards and seeks to bolster stakeholder confidence through its operational practices.

As part of its growth strategy, Suzhou Dongshan is expanding its footprint in global markets, with plans to increase international sales by 15% over the next fiscal year. This global expansion is supported by the establishment of new partnerships and enhanced distribution networks.

The company remains focused on integrating smart manufacturing technologies, which is expected to enhance production efficiency by 20% over the next two years. This initiative directly correlates with their mission to innovate and deliver high-quality products consistently.

Overall, Suzhou Dongshan Precision Manufacturing Co., Ltd. continues to uphold its mission through financial growth, strategic investment in R&D, and a commitment to sustainability and corporate governance. Their forward-thinking approach aims to position them as a leader in the precision manufacturing sector.

How Suzhou Dongshan Precision Manufacturing Co., Ltd. Works

Suzhou Dongshan Precision Manufacturing Co., Ltd. (stock code: 002384) is a leading player in the manufacturing sector, particularly known for its precision components for electronic devices. The company specializes in producing components for communication, consumer electronics, and automotive sectors.

For the fiscal year 2022, Suzhou Dongshan reported revenue of approximately ¥13.58 billion, representing an increase of 25.6% compared to the previous year. The net profit for the same year was around ¥1.15 billion, which reflects a profit margin of about 8.5%.

The company's operational efficiency is highlighted by its gross profit margin, which stood at 20.3% in 2022. This has been supported by investments in advanced manufacturing technologies, improving both production capacity and product quality.

As of the end of 2022, Suzhou Dongshan had a total asset base of approximately ¥20.3 billion, with liabilities of ¥11.5 billion, resulting in a debt-to-equity ratio of 0.57. This positioning allows for a solid capital structure, enabling effective management of operational costs and investments in R&D.

The company has been expanding its production capabilities, evidenced by its production capacity for precision components which reached 500 million units annually. The main production facilities are strategically located in Suzhou, Jiangsu Province, benefiting from proximity to key supply chains and markets.

In 2023, Suzhou Dongshan has continued to diversify its client portfolio, securing contracts with major tech companies such as Huawei and Xiaomi. This diversification reflects a growing trend in the electronics manufacturing services (EMS) industry, where reliability and quality are paramount.

Research and development (R&D) is a cornerstone of Suzhou Dongshan's strategy, with approximately 5% of annual revenue reinvested into R&D to innovate and develop next-generation components. In 2022, this investment totaled around ¥679 million.

The global demand for precision components is projected to grow, driven by emerging technologies such as 5G and the Internet of Things (IoT). This positions Suzhou Dongshan favorably for future growth, as the company remains committed to enhancing its technological capabilities and expanding its product offerings.

In terms of workforce, Suzhou Dongshan employed over 8,000 employees as of 2023, with a focus on attracting skilled labor to support its production and R&D efforts. Employee training programs are essential for maintaining high standards and fostering innovation within the company.

Lastly, environmental sustainability is becoming increasingly important in manufacturing. Suzhou Dongshan has implemented measures that have reduced energy consumption per unit produced by 15% over the last two years, aligning with global trends toward greener manufacturing practices.

How Suzhou Dongshan Precision Manufacturing Co., Ltd. Makes Money

Suzhou Dongshan Precision Manufacturing Co., Ltd. (DSP) is a major player in the electronics manufacturing industry, particularly known for its precision parts and components for various sectors, including consumer electronics, telecommunications, and automotive. The company generates revenue through several key avenues:

1. Product Segmentation

The company's revenue stream is diversified across several product categories, which include:

• PCB (Printed Circuit Board) Manufacturing
• Precision Metal Parts
• Connector Manufacturing
• Optical Components

2. Revenue Breakdown

For the fiscal year ending December 2022, DSP reported a total revenue of ¥12.5 billion (approximately $1.9 billion), with the breakdown as follows:

3. Key Clients and Industries

DSP serves several high-profile clients, including:

• Huawei
• Apple
• Samsung
• Lenovo

These clients primarily operate in the consumer electronics and telecommunications sectors, contributing greatly to DSP's revenue through bulk orders and long-term contracts.

4. Export and Market Reach

Approximately 60% of DSP's sales come from international markets, with notable growth in regions such as North America and Europe. This export strategy significantly boosts the company's overall revenue.

5. Financial Performance

In the last reported fiscal quarter (Q2 2023), DSP achieved:

• Quarterly Revenue: ¥3.2 billion (approximately $485 million)
• Net Profit Margin: 10%
• Year-over-Year Growth: 15%

6. Investment in Technology and R&D

DSP invests significantly in research and development, allocating approximately 8% of its annual revenue to innovation. This investment enables the company to stay competitive by developing advanced manufacturing processes and new product offerings, enhancing revenue streams.

7. Supply Chain Management

The company has streamlined its supply chain, reducing costs and improving efficiency. By leveraging local suppliers and integrating advanced supply chain technologies, DSP has been able to maintain a competitive pricing strategy while ensuring quality.

8. Challenges and Competitive Landscape

DSP faces challenges from both domestic and international competitors in the electronics manufacturing space. Fluctuations in raw material prices and geopolitical factors can affect profitability. Nonetheless, being a leader in precision manufacturing helps DSP maintain a robust market position.

Overall, Suzhou Dongshan Precision Manufacturing Co., Ltd. leverages its diverse product lines, strategic client relationships, and investment in technology to generate substantial revenue while navigating the complexities of the global manufacturing landscape.