Zhuhai Orbita Aerospace Science & Technology Co.,Ltd: history, ownership, mission, how it works & makes money

A Brief History of Zhuhai Orbita Aerospace Science & Technology Co.,Ltd

Zhuhai Orbita Aerospace Science & Technology Co., Ltd, founded in **1999**, is recognized as a key player in the Chinese aerospace and satellite industry. The company specializes in satellite navigation and communication systems, satellite payloads, and ground control systems, catering primarily to governmental and commercial clients.

In **2004**, Orbita obtained its first significant contract with the Chinese national space program, marking its entry into high-stakes aerospace projects. By **2007**, the company had expanded its capabilities significantly by launching its satellite communication services, establishing a foothold in both domestic and international markets.

As of **2020**, Zhuhai Orbita reported revenues of approximately **¥1.6 billion** (around **$243 million**), reflecting a growth rate of **20%** year-over-year. This growth was fueled by increased demand for satellite services and improvements in technology.

In **2021**, the company invested *approximately ¥300 million* (about *$46 million*) in research and development to enhance its satellite technologies. This investment resulted in the launch of several new satellite models designed for high-resolution imaging and data transmission.

In **2022**, Orbita continued on its growth trajectory, achieving a revenue increase to **¥2.2 billion** (around **$335 million**), paired with a continuing ascent in R&D investments to **¥500 million** (about **$76 million**). The expansion was supported by strategic partnerships with global aerospace companies and an increased focus on international markets.

Moreover, the company has made significant strides in technology by developing low-earth orbit (LEO) satellite systems designed for rapid deployment. This innovation places Orbita at the forefront of emerging satellite technology trends, particularly in the realm of broadband communications.

As of **2023**, Zhuhai Orbita aims to further expand its market share by leveraging artificial intelligence and big data analytics within its satellite operations. The anticipated revenue for this fiscal year is projected to reach approximately **¥2.5 billion** (around **$380 million**), based on current contracts and projected growth in satellite services.

The company’s commitment to sustainability and innovation is evident in its ongoing projects that aim to enhance space environmental management and promote the responsible use of space resources.

A Who Owns Zhuhai Orbita Aerospace Science & Technology Co.,Ltd

Zhuhai Orbita Aerospace Science & Technology Co., Ltd, listed on the Shenzhen Stock Exchange under the ticker symbol 300246, primarily focuses on satellite technology and aerospace applications. As of the most recent filings, the company has a diverse shareholder structure that includes institutional and individual investors.

According to the latest reports from the Shenzhen Stock Exchange, the largest shareholders of Zhuhai Orbita are outlined below:

As of the end of the second quarter of 2023, Zhuhai Orbita reported total assets worth approximately ¥1.23 billion (about $190 million). The company's market capitalization stood at around ¥1.04 billion ($158 million), reflecting its standing in the aerospace technology market.

The company has shown significant growth with a revenue increase of 15.2% year-over-year for the fiscal year 2022, driven by increasing demand for satellite services. The gross profit margin reported was approximately 35%, indicating strong operational efficiency in its projects.

Furthermore, the company's net income for the fiscal year 2022 was reported at around ¥180 million ($27 million), an increase of 10% compared to the previous year.

Zhuhai Orbita's shareholder dynamics indicate a commitment to both institutional and public investment, reflecting confidence in its strategic direction and growth potential in the satellite technology sector.

For investors interested in performance, Zhuhai Orbita's stock has seen a price fluctuation of approximately 25% over the past twelve months, indicating volatility but also growth potential.

The data provided illustrates the ownership structure, financial health, and operational metrics of Zhuhai Orbita Aerospace Science & Technology Co., Ltd, showcasing its position within the aerospace technology industry.

Zhuhai Orbita Aerospace Science & Technology Co.,Ltd Mission Statement

Zhuhai Orbita Aerospace Science & Technology Co., Ltd. focuses on providing advanced aerospace solutions and services with an emphasis on innovation, quality, and sustainable development. The company aims to leverage cutting-edge technology to enhance space exploration, satellite development, and data application across various sectors.

The mission statement of the company can be distilled into several key components:

• Innovation: Striving for continuous innovation in aerospace technologies to meet the needs of modern space missions.
• Customer Satisfaction: Delivering high-quality products and services that exceed customer expectations in the aerospace industry.
• Sustainability: Committing to eco-friendly practices in the design and implementation of aerospace solutions.
• Global Collaboration: Engaging in partnerships with international organizations for enhanced aerospace developments.
• Research and Development: Investing in R&D to maintain leadership in the aerospace sector and drive transformative changes.

Financially, the company has shown significant growth. As of 2022, Zhuhai Orbita reported a revenue of approximately ¥1.2 billion (about $180 million), with a year-over-year growth rate of 15%. This increase underscores the company's successful execution of its mission.

The company continues to expand its sectoral focus beyond traditional aerospace applications. It has invested heavily in satellite technology, ground control systems, and data analysis tools, allowing it to serve a diversified customer base that includes governmental, commercial, and research institutions.

In terms of workforce, as of late 2023, Zhuhai Orbita employs over 1,200 professionals, comprising engineers, researchers, and technical specialists dedicated to the development of aerospace technologies. The talent pool reflects the company's commitment to fostering a culture of innovation and expertise in the aerospace domain.

Moreover, Zhuhai Orbita has set ambitious targets, aiming to increase its market share in the global aerospace industry, which is expected to reach $1 trillion by 2030, with a projected CAGR of 5.5%. The company's strategic initiatives align with this growth trajectory, ensuring it remains competitive in an evolving market.

Overall, Zhuhai Orbita Aerospace Science & Technology Co., Ltd. is dedicated to enhancing the frontiers of aerospace technology, focusing on innovative solutions, quality service delivery, and sustainable development principles.

How Zhuhai Orbita Aerospace Science & Technology Co.,Ltd Works

Zhuhai Orbita Aerospace Science & Technology Co., Ltd has positioned itself as a significant player in the aerospace and satellite technology sector, focusing on research, production, and distribution of satellite ground systems and applications. The company operates under various business segments including satellite communications services, satellite systems development, and aerospace technology applications.

For the fiscal year 2022, Zhuhai Orbita reported revenue of approximately 1.2 billion CNY, demonstrating a remarkable year-on-year growth rate of 15%. This growth can be attributed to increased demand for satellite services and advancements in space technology.

Orbita's product line includes satellite control systems, signal transmission equipment, and applications for data processing. The division dedicated to satellite systems development represents a significant portion of its revenue, accounting for about 40% of total sales in 2022.

The company has established numerous partnerships and collaborations with various entities, enhancing its capabilities and market reach. For instance, it collaborated with the China National Space Administration (CNSA) for joint satellite launches and data sharing, contributing to national projects and initiatives.

In terms of financial metrics, Zhuhai Orbita reported a net income of 200 million CNY in 2022, showcasing a net profit margin of approximately 16.67%. The company’s total assets stood at 3.5 billion CNY, and it maintained a strong current ratio of 2.1, indicating solid liquidity.

Zhuhai Orbita's market capitalization as of October 2023 stands at approximately 6 billion CNY. Its stock has shown resilience, reflecting investor confidence, trading within a range of 30-40 CNY per share over the last year. The company’s strategy includes diversifying its offerings and expanding internationally, which has led to increased visibility in global markets.

As part of its technological advancements, Zhuhai Orbita has invested significantly in R&D, allocating around 150 million CNY in 2022, which represents 12.5% of its total revenue. This investment is aimed at enhancing its satellite communication technologies and exploring innovative applications in IoT and big data.

Overall, Zhuhai Orbita Aerospace Science & Technology Co.,Ltd operates through a robust model that leverages technology development, strategic partnerships, and market expansion, ensuring its competitiveness in the aerospace sector.

How Zhuhai Orbita Aerospace Science & Technology Co.,Ltd Makes Money

Zhuhai Orbita Aerospace Science & Technology Co., Ltd., a publicly traded company on the Shenzhen Stock Exchange under the ticker symbol 300368, specializes in satellite technology and aerospace services. This company generates revenue through various segments, including satellite manufacturing, system integration, and the provision of ground support services.

Revenue Streams

• Satellite Manufacturing: The company produces communication satellites, earth observation satellites, and technology demonstration satellites. In 2022, satellite manufacturing contributed approximately 45% of the total revenue, amounting to around ¥1.3 billion.
• System Integration: Orbita offers satellite launch and operation services, which form a significant part of its business. This segment generated approximately ¥900 million in 2022, representing 30% of total revenues.
• Ground Support Services: This includes data processing and satellite operations support. In 2022, this segment accounted for around 25% of revenues, translating to approximately ¥600 million.

Financial Performance

In the fiscal year 2022, Zhuhai Orbita reported total revenues of approximately ¥2.8 billion, up from ¥2.5 billion in 2021, showcasing a growth rate of 12%. The company's net profit for the same period was around ¥300 million, with a profit margin of 10.7%.

Market Position and Industry Trends

Zhuhai Orbita operates in the rapidly growing aerospace market, with key trends influencing its business model, including increased demand for satellite communications and advancements in earth observation technologies. According to the report published by the China Aerospace Science and Technology Corporation (CASC), the domestic aerospace market is projected to reach ¥1.4 trillion by 2030, providing substantial growth opportunities for companies like Orbita.

Government Contracts and Partnerships

A significant portion of Zhuhai Orbita's revenues comes from government contracts. In 2022, contracts from the government accounted for approximately 60% of overall sales. The company has established partnerships with various research institutions and government bodies, strengthening its position in the space sector.

R&D Investment

Investment in Research and Development (R&D) is a focal point for Zhuhai Orbita. In 2022, the company allocated around ¥400 million to R&D, amounting to approximately 14.3% of its revenues. This investment focuses on satellite technology enhancements and innovations in space application services.

Challenges and Opportunities

While Zhuhai Orbita faces challenges such as intense competition and regulatory hurdles, the company is well-positioned to capitalize on emerging opportunities in international markets. The demand for satellite services globally is on the rise, and Orbita aims to expand its footprint outside of China.

The company continues to explore partnerships with international firms, which could further enhance revenue streams and bolster its competitive advantage in the global aerospace sector.