Shenzhen Fastprint Circuit Tech Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Shenzhen Fastprint Circuit Tech Co., Ltd.

Founded in 1992, Shenzhen Fastprint Circuit Tech Co., Ltd. has established a prominent presence in the printed circuit board (PCB) manufacturing sector. Over the years, the company has expanded its capabilities, responding to the rapid growth in the electronics market, particularly in telecommunications, automotive, and consumer electronics.

In 2001, Fastprint became publicly listed on the Shenzhen Stock Exchange under the ticker symbol 002396.SZ. As of 2022, the company reported total revenue of approximately ¥3.12 billion, showcasing a compound annual growth rate (CAGR) of around 20% since its IPO.

Fastprint has invested significantly in research and development (R&D), with an R&D expenditure of roughly ¥240 million in 2022, which constitutes about 7.7% of its revenue. This investment has enabled the company to innovate in high-density interconnect (HDI) and multi-layer PCB technologies.

As of the latest reports in 2023, Fastprint boasts a production capacity of over 1.5 million square meters of PCBs annually. The company focuses on producing high-precision and high-performance PCBs, catering to various industries.

In recent years, Shenzhen Fastprint has prioritized environmental sustainability, achieving ISO 14001 certification for its environmental management systems. This move aligns with global trends towards greener manufacturing processes.

As of September 2023, Fastprint's stock price hovered around ¥35, representing a year-to-date increase of about 15%. The company continues to leverage its strong market position, focusing on expanding its customer base both domestically and internationally.

Shenzhen Fastprint's strategic partnerships with technological giants such as Huawei and ZTE have further solidified its stature in the PCB industry. As a result, the company has consistently been at the forefront of technological advancements, particularly in the realm of 5G technology and automotive electronics.

Overall, Shenzhen Fastprint Circuit Tech Co., Ltd. has successfully navigated the challenges within the rapidly evolving electronics landscape, positioning itself for continued growth and innovation in the years to come.

A Who Owns Shenzhen Fastprint Circuit Tech Co., Ltd.

Shenzhen Fastprint Circuit Tech Co., Ltd. is a prominent player in the printed circuit board (PCB) manufacturing industry. As of October 2023, the company is publicly traded on the Shenzhen Stock Exchange under the stock code 002396. Fastprint has established itself as a significant contributor to the electronics supply chain, providing high-quality PCB products.

The ownership structure of Shenzhen Fastprint Circuit Tech Co., Ltd. is diversified and includes a mix of institutional and individual investors. According to the latest data, the largest shareholder as of the end of Q3 2023 is Shenzhen Fastprint Group Co., Ltd., which holds approximately 42.37% of the shares. This entity is primarily involved in manufacturing and distributing PCB products.

Institutional investors also play a crucial role in the company’s ownership. For instance, China Merchants Bank Co., Ltd. and HSBC Asset Management are among the top institutional shareholders, collectively holding around 15.62% of shares. The breakdown of ownership is shown in the table below:

Financial data from the latest earnings report indicates that Fastprint reported a revenue of approximately ¥5.76 billion (around $850 million) for the fiscal year 2022, reflecting a year-on-year growth of 9.3%. The company also recorded a net profit margin of 13.4%, which is deemed comparable to industry standards.

The market capitalization of Shenzhen Fastprint is approximately ¥14.28 billion (roughly $2.1 billion), showcasing its position as a mid-to-large cap company within the electronics sector. The price-to-earnings (P/E) ratio stands at 18.5, which is competitive within the PCB industry, indicating a healthy valuation relative to its earnings.

In terms of corporate governance, the board of directors includes several key figures from the technology and manufacturing sectors, which contributes to strategic decision-making and operational efficiency. President and CEO Mr. Zhang Wei has been instrumental in driving the company's growth and expansion initiatives.

Furthermore, Fastprint has invested heavily in research and development, allocating approximately ¥300 million annually to enhance its product line and increase production capacity. This investment is reflective of the company's commitment to innovation and adaptation in a rapidly evolving market.

Shenzhen Fastprint Circuit Tech Co., Ltd. Mission Statement

Shenzhen Fastprint Circuit Tech Co., Ltd. is dedicated to providing high-quality printed circuit boards (PCBs) and related services to the electronics industry. The company's mission statement emphasizes its commitment to innovation, customer satisfaction, and sustainable development.

Fastprint aims to lead the PCB manufacturing sector by integrating advanced technologies and efficient production processes. The company focuses on meeting the diverse needs of its clients while maintaining robust quality control and operational excellence.

The key components of their mission statement include:

• Delivering superior products and services tailored to customer requirements.
• Emphasizing research and development to drive innovation.
• Adopting environmentally friendly practices throughout the production cycle.
• Cultivating a skilled workforce to foster a culture of continuous improvement.

In terms of recent financial performance, Shenzhen Fastprint has shown substantial growth. For the fiscal year ended December 31, 2022, the company reported the following financial highlights:

Shenzhen Fastprint operates in a dynamic market, adapting to the growing demands for high-density and complex PCBs. In 2021, the global PCB market was valued at approximately $60 billion and is projected to grow at a compound annual growth rate (CAGR) of 4.5% through 2027. This growth trajectory supports Fastprint’s mission to expand its market presence.

The company's commitment to quality is reflected in its certifications, including ISO 9001 and ISO 14001, which underscore adherence to international standards in quality management and environmental practices.

Moreover, Fastprint has invested heavily in technology, boasting a production capacity of over 1 million square meters of PCBs annually. This production scale enables the company to serve both local and international markets effectively.

Shenzhen Fastprint’s strategic objectives align closely with its mission statement, focusing on operational efficiency, technological advancement, and superior customer service. In 2022, customer satisfaction scores reached an impressive 94%, indicative of the company’s ongoing efforts to fulfill its mission and exceed client expectations.

In conclusion, Shenzhen Fastprint Circuit Tech Co., Ltd. remains committed to its mission, driving growth through innovation and sustainable practices while ensuring the highest levels of customer satisfaction in the competitive PCB manufacturing landscape.

How Shenzhen Fastprint Circuit Tech Co., Ltd. Works

Shenzhen Fastprint Circuit Tech Co., Ltd., established in 1999, specializes in the manufacturing of printed circuit boards (PCBs). The company is recognized for its high-quality products and has developed a robust supply chain to support its operations.

As of the latest fiscal year, Fastprint reported annual revenues of approximately RMB 4.15 billion (about USD 640 million), demonstrating a year-on-year growth of 15%.

The operational process involves several key stages:

• Design and Development
• Manufacturing
• Testing
• Delivery

Fastprint's design and development team works closely with clients to create custom PCB solutions, ensuring that specifications meet the demanding requirements of various industries, including telecommunications, automotive, and consumer electronics.

In the manufacturing phase, Fastprint utilizes advanced technology and equipment. The company’s production capacity exceeds 12 million square feet of PCBs annually, with a focus on both rigid and flexible circuit boards. The average production time for standard orders typically ranges from 7 to 14 days.

Fastprint has invested heavily in quality control. Approximately 8% of total revenues are allocated to R&D, resulting in innovative designs and improved manufacturing processes. The company also maintains certifications such as ISO 9001 and IATF 16949, which underline its commitment to quality standards.

In terms of technological advancements, Fastprint has adopted automation and AI-driven manufacturing systems. This shift has helped reduce production costs by 10% while increasing output efficiency.

Logistics play a critical role in Fastprint's business model. The company has established partnerships with various logistics providers to ensure timely delivery. Shipping times are maintained under 10 days for domestic orders and 15 days for international shipments.

As part of its sustainability efforts, Fastprint is transitioning to environmentally friendly materials and processes. This includes using lead-free solder and adopting waste reduction measures that have cut waste disposal costs by 20%.

In the competitive landscape, Fastprint faces challenges from both domestic and international PCB manufacturers. However, its focus on high-quality, custom solutions and robust customer service continues to differentiate it in the market.

The company’s stock is listed on the Shenzhen Stock Exchange under the ticker symbol SZSE: 002836. As of October 2023, Fastprint's stock price is approximately RMB 21.50, with a market capitalization of about RMB 6.5 billion.

Overall, Shenzhen Fastprint Circuit Tech Co., Ltd. operates efficiently within the PCB manufacturing sector, leveraging technology, quality assurance, and customer-focused strategies to foster growth and maintain a competitive edge.

How Shenzhen Fastprint Circuit Tech Co., Ltd. Makes Money

Shenzhen Fastprint Circuit Tech Co., Ltd. operates within the printed circuit board (PCB) industry, offering a range of services including PCB design, manufacturing, and assembly. The company's revenue streams are diversified across various sectors, including telecommunications, consumer electronics, automotive, and medical equipment.

In 2022, Shenzhen Fastprint reported a total revenue of approximately ¥2.97 billion, marking a year-on-year increase of 15% compared to ¥2.58 billion in 2021. The growth can be attributed to rising demand in high-frequency and high-layer count PCBs. Below is a breakdown of their revenue sources for the fiscal year 2022:

The company's success largely stems from its ability to cater to advanced technology markets. Fastprint is recognized for its expertise in producing high-density interconnect (HDI) boards and flexible PCBs, which are increasingly sought after in the current tech landscape. The increasing shift towards 5G technologies has also positively impacted their telecommunications segment.

Fastprint's gross profit margin was reported at 30% in 2022, slightly up from 28% in 2021. This improvement indicates better operational efficiency and cost management strategies. The net profit for 2022 was approximately ¥440 million, reflecting a net profit margin of 14.8%.

The company’s efficiency can also be gauged through its various production capabilities. Fastprint has invested heavily in automated equipment, enhancing productivity and reducing lead times, which is crucial in the fast-paced electronics market. As of the end of 2022, they had a production capacity of 3 million square feet of PCBs per month.

Investment in research and development (R&D) remains a priority, with expenditures reaching ¥150 million in 2022. This focus on innovation enables Fastprint to stay ahead of industry trends and fulfill specific customer demands for customized PCB solutions.

Shenzhen Fastprint also benefits from strategic partnerships with major clients across different sectors. For example, collaborations with leading telecommunication firms have resulted in long-term contracts that secure revenue continuity. The company has reported a client retention rate of approximately 80%, demonstrating strong customer loyalty.

Moreover, the global PCB market is projected to grow at a CAGR of 5.3% from 2023 to 2030, which presents an optimistic outlook for Fastprint. With the incorporation of advanced technologies such as artificial intelligence (AI) in design processes, their competitive edge in the market is likely to strengthen further.

In summary, Shenzhen Fastprint Circuit Tech Co., Ltd. generates substantial revenue through a diversified portfolio, focusing primarily on high-tech industries, while maintaining efficient operations and strategic partnerships to bolster its market position.