Eaglerise Electric & Electronic (China) Co., Ltd: history, ownership, mission, how it works & makes money

A Brief History of Eaglerise Electric & Electronic (China) Co., Ltd

Founded in 2004, Eaglerise Electric & Electronic (China) Co., Ltd has established itself as a prominent player in the electrical and electronic components industry. The company specializes in manufacturing a wide range of products, including LED drivers, transformers, and various types of electrical connectors.

In 2010, Eaglerise expanded its manufacturing capabilities by opening a new facility in Jiangsu province, which increased its production capacity to over 20 million units annually. This strategic expansion allowed Eaglerise to meet growing domestic and international demand, particularly from the lighting and automotive industries.

By 2015, Eaglerise reported revenues of approximately ¥1.5 billion (around $232 million USD), showcasing significant growth from its earlier years. The company's focus on innovation and quality helped it secure partnerships with major global brands in the electronics sector.

In 2018, Eaglerise introduced a new line of smart LED drivers, which contributed to an increase in revenue by 25% over the previous year. This innovation was part of the company's efforts to adapt to the rapidly evolving smart home and IoT markets.

As of 2021, Eaglerise Electric & Electronic has solidified its position within the industry, achieving a market share of 15% in China’s LED driver market. The company's investments in R&D accounted for over 7% of its annual revenue, fostering a culture of continuous improvement and technological advancement.

In the fiscal year 2022, Eaglerise reported total revenue of ¥2.1 billion (approximately $328 million USD), indicating a growth rate of 40% year-over-year. The company attributed this growth to its diversified product offerings and expansion into international markets.

In 2023, Eaglerise continues to expand its product lines, focusing on sustainability and energy efficiency, aligning with global trends toward greener technologies. The company’s commitment to quality and customer satisfaction remains at the forefront of its operations, ensuring its competitive edge in the dynamic electronics market.

A Who Owns Eaglerise Electric & Electronic (China) Co., Ltd

Eaglerise Electric & Electronic (China) Co., Ltd is primarily owned and controlled by its founding family, including CEO and Chairman Zheng Jianjun. The company is publicly listed on the Shenzhen Stock Exchange under the ticker symbol 300195. Data from recent filings indicates that the founding family, through various holding entities, holds approximately 57.03% of the total shares. This substantial ownership provides them significant control over the company's strategic direction.

As of the latest financial report, the breakdown of stock ownership is as follows:

The company reported a 2022 revenue of approximately RMB 3.2 billion (around $480 million), with a year-on-year growth of 15%. Their net profit for the same year was about RMB 250 million (approximately $37.5 million), showcasing a profit margin of 7.81%. Eaglerise's strong financial performance is attributed to its diversified product portfolio, which includes LED drivers, power supplies, and other electronic components.

Moreover, the company's market capitalization as of October 2023 is reported at RMB 8.4 billion (approximately $1.26 billion). This positions Eaglerise among the notable players in the electrical and electronic manufacturing sector in China.

In terms of corporate governance, Eaglerise Electric & Electronic has established a board of directors consisting of eight members, with a majority being affiliated with the founding family. This is indicative of their significant influence in crucial decision-making processes. The board structure is as follows:

As of the latest quarter, Eaglerise's research and development expenditures accounted for approximately 8.5% of their total revenue, reflecting the company's commitment to innovation in the electric and electronic sectors. This is evident through their recent patent filings, which have increased by 30% in the past year, fortifying their competitive edge in the industry.

In conclusion, with its family-centric ownership structure and robust financial health, Eaglerise Electric & Electronic (China) Co., Ltd demonstrates both stability and growth potential in the rapidly evolving electronics market.

Eaglerise Electric & Electronic (China) Co., Ltd Mission Statement

Eaglerise Electric & Electronic (China) Co., Ltd aims to be a leading provider of electrical products by focusing on innovation, quality, and customer satisfaction. The company emphasizes its commitment to sustainable development and adheres to internationally recognized standards.

As of the latest financial reports, Eaglerise Electric & Electronic generated a revenue of approximately RMB 2.1 billion in 2022, reflecting an increase from RMB 1.8 billion in 2021, showcasing a year-over-year growth of 16.67%.

The company’s product line includes lighting fixtures, electrical components, and smart home solutions. In 2022, the sales breakdown by product category was as follows:

Customer satisfaction remains a core principle. Eaglerise Electric & Electronic has achieved a customer satisfaction rating of 92%, based on a survey conducted in Q4 2022. This rating underscores the effectiveness of their customer service and product quality.

The company is also committed to reducing its environmental footprint, with a target to achieve a 30% reduction in carbon emissions by 2030. In 2022, they reported a reduction of 15% from their 2020 levels.

Research and development (R&D) is pivotal to Eaglerise's mission. The company allocated approximately RMB 120 million to R&D in 2022, representing 5.71% of its total revenue.

Moreover, Eaglerise's workforce is comprised of over 3,000 employees, with a focus on continuous training and development to enhance skills aligned with the company's mission. Their employee retention rate stands at 88%, reflecting a strong workplace culture.

Through a strategic mix of technological advancement, sustainable practices, and unwavering customer focus, Eaglerise Electric & Electronic (China) Co., Ltd continues to position itself as a formidable player in the electrical product industry. The mission statement encapsulates their desire to innovate while meeting the evolving needs of their customers and the environment.

How Eaglerise Electric & Electronic (China) Co., Ltd Works

Eaglerise Electric & Electronic (China) Co., Ltd is a prominent manufacturer and supplier in the electrical and electronic components sector, particularly known for its LED lighting and electronic ballasts. The company operates primarily in the Asia-Pacific region but has extended its market reach globally.

The company specializes in the production of various electrical products, including but not limited to:

• LED drivers
• Electronic ballasts
• Lighting fixtures
• Smart lighting solutions

Eaglerise's manufacturing capabilities are supported by advanced technology and a skilled workforce. The company's production facilities are equipped with state-of-the-art machinery allowing for high efficiency and flexibility in manufacturing operations.

Financial Overview

In the fiscal year 2022, Eaglerise Electric reported impressive financial results. The company posted a total revenue of ¥1.65 billion, marking a year-on-year increase of 12%. This growth was driven primarily by increased demand for energy-efficient lighting solutions worldwide.

The breakdown of revenue streams is as follows:

Eaglerise's gross profit for 2022 reached ¥450 million, which corresponds to a gross margin of 27%. This margin reflects the company's focus on high-value products and efficient cost management.

Investment in R&D

In line with its growth strategy, Eaglerise invested 10% of its total revenue in Research and Development (R&D) in 2022, amounting to approximately ¥165 million. This investment aims to foster innovation in product development, particularly in smart lighting technologies, which have seen growing popularity.

Market Position and Competitive Landscape

Eaglerise Electric has established itself as a market leader within China, competing against notable companies such as Philips Lighting and Osram. The company's market share in the LED lighting segment has been estimated at approximately 15% in the domestic market.

As of October 2023, the company holds several patents related to LED technology and electronic ballasts, providing a competitive edge in terms of product differentiation and technological advancement.

Export and Global Reach

In 2022, around 40% of Eaglerise’s sales were attributed to exports, with major markets including Europe, North America, and Southeast Asia. The company has developed long-standing partnerships with international distribution networks, enhancing its presence in these regions.

Eaglerise Electric's commitment to quality is underscored by its certifications, including ISO 9001 and CE, which have facilitated its acceptance in global markets.

The company’s stock performance reflects its solid financial standing, with shares trading at approximately ¥25 as of October 2023, having appreciated 20% over the past year.

In summary, Eaglerise Electric & Electronic (China) Co., Ltd demonstrates robust operational capabilities, backed by strong financial performance and a focus on innovation. The company is poised for continued growth as it navigates the competitive landscape of the electrical and electronic manufacturing industry.

How Eaglerise Electric & Electronic (China) Co., Ltd Makes Money

Eaglerise Electric & Electronic (China) Co., Ltd engages in the manufacturing and sales of various electrical and electronic products. The company operates several business segments that contribute to its revenue generation.

Revenue Streams

The primary sources of revenue for Eaglerise include:

• Power Supply Products
• LED Lighting
• Smart Home Devices
• Industrial Equipment

Financial Performance

For the fiscal year ending December 31, 2022, Eaglerise reported a total revenue of RMB 7.8 billion, a year-over-year increase of 12%. The breakdown of revenue by segment is as follows:

Market Analysis

The company primarily operates within China but is expanding its footprint internationally. As of 2023, approximately 30% of its revenue is derived from exports. The key markets include:

• North America
• Europe
• Southeast Asia

In 2023, Eaglerise's market share in the global power supply industry is estimated to be around 5%, with a growing trend projected due to increased demand for energy-efficient solutions.

Cost Structure

Eaglerise's cost structure includes raw materials, labor, and overhead costs. The cost of goods sold (COGS) for FY 2022 was reported at RMB 5.0 billion, leading to a gross profit of RMB 2.8 billion and a gross margin of 36%.

Profitability Metrics

For FY 2022, Eaglerise's operating expenses accounted for 15% of total revenue, culminating in an operating income of RMB 1.4 billion. The net profit margin stood at 18%, with net income amounting to RMB 1.4 billion.

Future Outlook

Analysts predict that Eaglerise will continue to expand its product lines, particularly in green technology and smart devices. The forecasted annual growth rate of the LED lighting market alone is expected to be around 7% from 2023 to 2028, offering significant opportunities for revenue growth.

Investment in research and development is projected to increase by 10% in 2023, focusing on innovative solutions in renewable energy, which is anticipated to enhance their competitive edge and profitability in the coming years.