Daoming Optics&Chemical Co.,Ltd: history, ownership, mission, how it works & makes money

A Brief History of Daoming Optics&Chemical Co.,Ltd

Founded in 1995, Daoming Optics & Chemical Co., Ltd. has positioned itself as a leading manufacturer in the optical film industry. The company specializes in producing a range of high-quality optical films, including those used in displays, lighting, and other advanced optical applications.

By 2001, Daoming went public on the Shenzhen Stock Exchange under the stock code 002632, significantly enhancing its visibility and access to capital. As of October 2023, the company’s market capitalization stands at approximately ¥14 billion.

Over the years, Daoming has expanded its production capabilities, investing heavily in research and development. In its 2022 earnings report, the company reported total revenue of ¥3.09 billion, which represented a year-over-year increase of 12.1%.

Daoming’s net profit for 2022 was approximately ¥480 million, reflecting a profit margin of 15.5%. The gross profit margin for the same period was reported at 30.2%.

In 2023, Daoming Optics announced plans to invest an additional ¥500 million in capacity expansion, intending to increase its annual production by 15%. The company’s commitment to sustainability is evident in its recent initiatives to incorporate eco-friendly materials in its production processes.

As of the latest data, Daoming holds over 300 patents, emphasizing its dedication to innovation in the optical film sector. The company has established partnerships with several prominent global technology firms, enhancing its position in the international market.

Moreover, Daoming's stock performance has shown resilience, with a year-to-date increase of 28% as of October 2023. The stock's 52-week high was recorded at ¥22.50, while the low was ¥15.80.

In the context of the broader market, Daoming Optics competes with companies such as LG Chem and Toray Industries, both of which are significant players in the optical film segment. Recent trends indicate a growing demand for display technologies, particularly in sectors such as consumer electronics and automotive industries, which bodes well for Daoming's future growth prospects.

A Who Owns Daoming Optics&Chemical Co.,Ltd

Daoming Optics & Chemical Co., Ltd., listed on the Shenzhen Stock Exchange under the ticker 002005, is a company primarily involved in the manufacture and sale of optical films and chemical materials. The ownership structure of publicly traded companies often reflects a combination of individual and institutional investors.

As of the latest reporting, the largest shareholder of Daoming Optics & Chemical Co., Ltd. is Guangdong Kingfa Sci. & Tech Co., Ltd., holding approximately 20.07% of the company's total shares. This significant stake provides Kingfa a substantial influence over Daoming's strategic decisions and operations.

The second largest ownership is attributed to Li Jie, an individual shareholder, who owns about 5.67% of the company’s shares. Individual shareholders like Li Jie may have direct interests in the company’s performance and governance.

Institutional investors also play a crucial role in Daoming's ownership landscape. As of the latest disclosures, institutional ownership, which includes mutual funds, insurance companies, and pension funds, represents around 30% of the total shareholding. This is indicative of a healthy level of investor confidence in the company’s prospects.

The following table summarizes the ownership distribution of Daoming Optics & Chemical Co., Ltd:

Recent financial reports indicate that Daoming has shown a consistent increase in revenue, with the most recent fiscal year reporting sales of approximately ¥1.8 billion, translating to a year-over-year growth rate of 12%. This robust performance is reflective of the company's operational efficiency and market demand for its products.

Furthermore, Daoming Optics & Chemical Co., Ltd. has a market capitalization of approximately ¥8.5 billion as of the last market close, indicating strong market positioning within its industry. The company’s earnings per share (EPS) for the last quarter stood at ¥1.45, showcasing its profitability per share.

In analyzing shareholder composition, it is critical to understand how ownership impacts corporate governance and decision-making processes. The presence of significant institutional investors typically suggests a focus on long-term growth and operational transparency. Daoming's financial health and shareholder dynamics create an interesting landscape for potential investors at this juncture.

Daoming Optics&Chemical Co.,Ltd Mission Statement

Daoming Optics & Chemical Co., Ltd. aims to become a leading provider of optical materials and solutions, with a strong focus on innovation, quality, and sustainability. The company is committed to advancing optical technology through its research and development initiatives.

The mission statement embodies several key components:

• Innovation: Striving for continual improvement in optical and chemical technologies.
• Quality: Ensuring high standards in product manufacturing and service delivery.
• Sustainability: Emphasizing environmentally friendly operations and practices.

As of the latest report, Daoming Optics & Chemical Co., Ltd. has achieved significant milestones in its operational performance:

In terms of market expansion, Daoming Optics & Chemical Co., Ltd. has seen growth in international markets, with exports constituting approximately 30% of its annual revenue. The company has established partnerships in over 15 countries, enhancing its global footprint.

Product diversification is also a critical aspect of its mission. The product portfolio includes:

• Optical films and materials
• Anti-reflective coatings
• Conductive films

The company’s commitment to sustainability is highlighted by its initiatives in reducing carbon emissions by 25% over the last three years, alongside a commitment to achieve 100% recyclable materials in packaging by 2025.

Overall, Daoming Optics & Chemical Co., Ltd. stands as a forward-thinking organization, with a mission aligned with technological advancement, environmental responsibility, and market leadership.

How Daoming Optics&Chemical Co.,Ltd Works

Daoming Optics & Chemical Co., Ltd. is a prominent player in the optical and chemical industries in China, primarily focusing on the production of optical films, including reflective films, anti-reflective films, and polarizing films. Established in 1995, the company has developed a robust manufacturing framework and product portfolio, catering to various sectors such as electronics, automotive, and optics.

The company operates multiple manufacturing facilities, leveraging advanced technologies and methodologies to enhance production efficiency. For instance, Daoming's production capabilities include:

• Annual production capacity of approximately 10 million square meters of optical films.
• Continuous investment in R&D, allocating around 5% of revenue towards innovation and product development.

In the fiscal year 2022, Daoming Optics & Chemical reported a revenue of approximately RMB 1.5 billion (approximately USD 226 million), with a net profit margin of around 12%. This reflects the company’s strategic positioning in rapidly growing market segments.

The following table summarizes key financial metrics from the last fiscal year:

Key customers for Daoming include major technology companies and automakers, which significantly contribute to its revenue stream. The company has partnered with various firms to enhance its market reach, particularly in the Asia-Pacific region.

Additionally, Daoming Optics & Chemical places a strong emphasis on sustainability and environmental responsibility, adhering to regulations and striving to reduce waste and energy consumption in its manufacturing processes. In recent years, they implemented advanced waste recycling systems, achieving a recycling rate of over 85%.

The optical film market as a whole is projected to grow at a compound annual growth rate (CAGR) of approximately 7% from 2023 to 2028, driven by demand from the electronics sector, particularly for displays and mobile devices. Daoming is well-positioned to capitalize on this trend due to its innovative product offerings and established market presence.

In terms of market competition, Daoming faces challenges from both domestic and international firms; however, its long-standing reputation, customer relationships, and technological advancements provide it with a competitive edge. The company continuously evaluates market conditions and adjusts its strategies accordingly to maintain its leading position in the optical film sector.

How Daoming Optics&Chemical Co.,Ltd Makes Money

Daoming Optics & Chemical Co., Ltd, a publicly traded company, primarily generates revenue through the manufacture and sale of optical films and related materials, which serve various applications in multiple industries, including electronics, automotive, and lighting. Financial reports indicate that for the fiscal year 2022, Daoming achieved revenue of approximately ¥1.58 billion, reflecting a year-on-year growth of 18%.

The company's revenue streams can be broken down into several segments:

• Optical Films: Approximately 65% of total revenue comes from sales of optical films used in LCD screens and other devices.
• Automotive Lighting Solutions: This segment accounts for around 20% of revenue, focusing on materials for taillights and headlights.
• Industrial Applications: Contributing about 15% of the total revenue, this includes films used in specialized manufacturing sectors.

Daoming's gross profit margin stands at 40%, showing significant operational efficiency. In the first half of 2023, the company reported a gross profit of approximately ¥632 million, demonstrating effective cost management strategies.

To support its growth, Daoming invests significantly in research and development (R&D). In 2022, R&D expenditures amounted to approximately ¥200 million, representing about 12.5% of total revenues. This focus on innovation has enabled the company to consistently introduce new products, enhancing its competitive edge.

The company has also expanded its market presence through strategic partnerships and joint ventures. In late 2022, Daoming partnered with a leading automotive manufacturer, which is projected to increase its automotive segment revenue by 25% over the next two years.

Moreover, Daoming is actively pursuing international markets. In 2023, exports accounted for around 30% of its total sales, with key markets including Europe and North America, where demand for high-quality optical films is surging. This initiative is expected to contribute an additional ¥300 million in revenue over the next fiscal year.

In summary, Daoming Optics & Chemical Co., Ltd leverages its diverse product portfolio, strong R&D capabilities, and strategic market initiatives to secure its financial growth and sustainability in the competitive optical materials industry.