Shenzhen H&T Intelligent Control Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Shenzhen H&T Intelligent Control Co., Ltd.

Shenzhen H&T Intelligent Control Co., Ltd., founded in 2007, began its journey focusing on research and development in the field of intelligent control and automation equipment. Over the years, the company has established itself as a key player in the intelligent control industry in China.

In 2011, H&T Intelligent Control launched its first generation of smart control systems, which gained significant traction in various sectors such as energy, water supply, and urban management. This early innovation allowed the firm to secure important contracts with municipal governments across several provinces.

By 2015, the company reported revenues of approximately ¥100 million, a clear sign of its growing influence in the market. The same year, H&T was recognized with the National Hi-Tech Enterprise title, demonstrating its commitment to innovation and technology.

In 2017, H&T expanded its product offerings to include IoT-enabled devices. This pivot towards Internet of Things technology opened new revenue streams, allowing the company to reach an annual revenue of about ¥200 million. The firm also entered into joint ventures with leading technology firms to enhance its research capabilities.

The year 2019 marked significant milestones as H&T was listed on the Shenzhen Stock Exchange, trading under the ticker symbol 002402. The IPO raised approximately ¥600 million, which was primarily allocated toward expanding R&D and production facilities.

As of 2022, Shenzhen H&T Intelligent Control reported a total revenue of approximately ¥300 million, showcasing a strong year-over-year growth driven by increased demand for smart city solutions and energy management systems.

In 2023, the company announced plans to invest ¥200 million in expanding its production capabilities and pursuing new international markets. The strategic move is expected to bolster its market share in the competitive landscape of intelligent control systems.

H&T's financial performance is underpinned by a consistent investment in research and development, with R&D expenses constituting about 10% of annual revenue. As a result, the company has filed numerous patents, reinforcing its position as an innovator in the sector.

Overall, the trajectory of Shenzhen H&T Intelligent Control Co., Ltd. reflects a robust commitment to growth and innovation in the intelligent control industry, supported by tangible financial accomplishments and strategic market positioning.

A Who Owns Shenzhen H&T Intelligent Control Co., Ltd.

Shenzhen H&T Intelligent Control Co., Ltd. is a publicly traded company listed on the Shenzhen Stock Exchange under the ticker symbol 002402. As of the latest reports, its market capitalization stands at approximately ¥15.23 billion (around $2.35 billion USD).

The ownership structure is primarily composed of institutional investors, individual shareholders, and company insiders. Below is a detailed breakdown of the major shareholders based on the most recent filings.

As of the latest annual report, the company's major institutional shareholders include well-known investment firms. Notably, China Asset Management Co., Ltd. holds approximately 10% of the shares, while Huili Investment Co., Ltd. owns around 8%.

The company has been consistently profitable, reporting a revenue of ¥3.57 billion for the fiscal year ending December 2022, with a net income of ¥580 million. The Earnings Per Share (EPS) for the same period was recorded at ¥0.92.

Shenzhen H&T Intelligent Control is widely recognized for its innovation in intelligent control systems and electronic components, leading to sustained interest from both domestic and international investors. The company has also seen an increase in stock price by approximately 16% year-to-date as of October 2023. This performance reflects strong market confidence in its growth potential.

The company's future strategy involves expanding its product line and increasing its footprint in international markets, which might attract additional investment and increase shareholder value over the coming years.

Shenzhen H&T Intelligent Control Co., Ltd. Mission Statement

Shenzhen H&T Intelligent Control Co., Ltd. focuses on providing innovative solutions in the intelligent control and automation sector. The company's mission is to become a leader in intelligent control technology, offering high-performance products and services that improve the efficiency and reliability of industrial operations.

The company's vision highlights its commitment to advancing smart technologies that enhance productivity across various industries. H&T aims to cater to the growing demand for automation solutions fueled by the digital transformation in manufacturing and other sectors.

The mission statement emphasizes the core values of integrity, innovation, and customer satisfaction. These values guide the company's efforts in research and development, aiming to achieve cutting-edge advancements in intelligent control systems.

H&T's commitment to sustainability is also evident in its mission. The company actively seeks to minimize environmental impacts through energy-efficient products and practices that contribute to a sustainable industrial ecosystem.

In the context of financial performance, H&T has demonstrated significant growth. The revenue growth rate for the previous year was approximately 15%, aligning with industry trends driven by automation and the Internet of Things (IoT).

The company’s strategic partnerships and collaborations with technology leaders enhance its market position, enabling it to innovate continuously. H&T’s focus on quality and customer-oriented solutions has resulted in a robust client base across various sectors, including manufacturing, energy, and smart cities.

By aligning technological advancements with market needs, Shenzhen H&T Intelligent Control Co., Ltd. aims to not only solidify its footprint in the intelligent control market but also drive the future of automation solutions globally.

How Shenzhen H&T Intelligent Control Co., Ltd. Works

Shenzhen H&T Intelligent Control Co., Ltd. operates primarily in the intelligent control technology industry. The company specializes in providing high-tech solutions for various sectors, including industrial automation, smart grid systems, and consumer electronics.

As of the most recent financial report for the year ended December 31, 2022, H&T Intelligent Control reported a revenue of ¥1.56 billion (approximately $240 million), reflecting a year-over-year growth of 15%. The gross profit for the same period was reported at ¥720 million, yielding a gross margin of 46%.

The company’s operational structure is segmented into two main business units: smart energy and intelligent manufacturing. The smart energy segment accounted for 60% of total revenue, focusing on smart meters and energy management systems. Meanwhile, the intelligent manufacturing segment contributed 40% through automation solutions and control systems.

In terms of geographical presence, Shenzhen H&T Intelligent Control has expanded its market reach beyond China, targeting international markets in Southeast Asia and Europe. The company's overseas revenue has increased by 30% in the past year, indicating a strong demand for its technologies in these regions.

The company invests heavily in research and development. For 2022, R&D expenditures reached ¥180 million, accounting for 11.5% of total revenue. This focus on innovation has led to the introduction of several advanced products, including AI-driven energy management systems and next-generation automation solutions.

Shenzhen H&T Intelligent Control also places a strong emphasis on sustainability. It has implemented several initiatives aimed at reducing energy consumption and carbon footprints. The company's smart grid solutions are designed to enhance energy efficiency, showing a potential reduction in energy losses by up to 25%.

The company’s stock is traded on the Shenzhen Stock Exchange under the ticker symbol "002402". As of October 2023, the stock price stands at ¥32.50, giving it a market capitalization of approximately ¥8.2 billion ($1.26 billion). The price-to-earnings (P/E) ratio is reported at 28.86, which reflects investor confidence in the company’s growth prospects.

Overall, Shenzhen H&T Intelligent Control Co., Ltd. exemplifies a blend of innovation, growth, and sustainability in the rapidly evolving landscape of intelligent control technologies.

How Shenzhen H&T Intelligent Control Co., Ltd. Makes Money

Shenzhen H&T Intelligent Control Co., Ltd. is a leading provider of intelligent control solutions and smart meter products. The company operates primarily within the infrastructure and energy sectors, leveraging advanced technologies to enhance efficiency and cost management.

One of the primary revenue streams for H&T Intelligent Control is its manufacturing and sale of smart meters, which includes both electricity and water meters. For the fiscal year 2022, H&T reported revenues of approximately RMB 1.5 billion, marking an increase of 12.3% from 2021. The company attributed this growth to rising demand in both domestic and international markets.

The following table outlines H&T's revenue breakdown by segment for the year 2022:

Additionally, H&T has established strategic partnerships with various energy companies, facilitating the deployment of smart grid solutions. For instance, in 2023, the company signed a significant contract with a leading utility provider, valued at RMB 400 million, to supply advanced metering infrastructure over the next five years.

Research and development (R&D) is another critical area where H&T invests significantly to innovate and enhance its offerings. In 2022, the company allocated approximately 10% of its total revenue to R&D, translating to about RMB 150 million. This investment is crucial for maintaining a competitive edge in a rapidly evolving technology landscape.

The international market also contributes to H&T's profitability. As of 2022, around 30% of the company’s revenue was derived from overseas sales, especially in regions like Southeast Asia and Europe. The company has built a reputation for delivering reliable solutions that meet international standards, thus increasing its global footprint.

Moreover, H&T has expanded its service offerings beyond hardware sales. The company now provides comprehensive after-sales services, including installation, maintenance, and firmware updates, generating additional recurring revenue. In 2022, these services accounted for approximately RMB 200 million in revenue, demonstrating the successful monetization of its customer base.

Overall, Shenzhen H&T Intelligent Control Co., Ltd. showcases a well-rounded business model that integrates product sales, international expansion, strategic partnerships, and value-added services to drive profitability and sustain growth in an increasingly competitive market.