Anhui Tatfook Technology Co., Ltd: history, ownership, mission, how it works & makes money

A Brief History of Anhui Tatfook Technology Co., Ltd

Anhui Tatfook Technology Co., Ltd, founded in 2010, is a prominent player in the electronic components industry, particularly focusing on the research, development, and production of high-quality electrical connectors. The company is headquartered in Hefei, Anhui Province, China, and has made significant strides in expanding its market share both domestically and internationally.

In 2015, Tatfook Technology reported revenues of approximately ¥150 million, marking a substantial growth trajectory since its inception. By 2018, the company's revenues soared to around ¥400 million, reflecting a compound annual growth rate (CAGR) of approximately 34%. This growth was fueled by the increasing demand for electronic components across various sectors, including telecommunications, consumer electronics, and automotive industries.

As of 2020, the company achieved a net profit margin of 15%, demonstrating its efficient operational capabilities. The total assets of Anhui Tatfook Technology were reported at roughly ¥800 million, indicating robust asset management and financial health. The company has also invested heavily in R&D, allocating around 10% of its revenue towards innovation and development of new products.

In 2021, Tatfook Technology expanded its production capacity by 25% with the establishment of a new manufacturing facility. This investment aimed to mitigate supply chain constraints and meet the growing global demand for connectors. The increase in production capabilities enabled the company to enhance its output from 1 million units per month to 1.25 million units per month.

For the fiscal year of 2022, Anhui Tatfook reported revenues of approximately ¥500 million, with a continued growth trend observed in its profit margins, which reached 18%. The company’s focus on sustainability and reduced carbon footprint initiatives has also contributed positively to its reputation among clients and partners.

Continuing into 2023, Anhui Tatfook Technology is further diversifying its product lines and enhancing its technological capabilities. The company is projected to achieve revenues exceeding ¥600 million, with ongoing efforts to penetrate new markets and solidify its position in existing ones. This strategic expansion is anticipated to leverage the rapidly growing demand for electronic components as industries increasingly move towards digital transformation.

A Who Owns Anhui Tatfook Technology Co., Ltd

Anhui Tatfook Technology Co., Ltd, a key player in the technology sector, is known for its innovative solutions and advancements in smart technology. The ownership structure of the company is significant for investors to comprehend, given its implications for governance and strategic direction. As of the latest data, the ownership can be delineated in terms of major shareholders.

Among the major stakeholders, Wang Jian holds the largest share with 30%, indicating a significant degree of control over company operations. Following Wang Jian is Anhui Technology Group, which possesses 25% of the company, further reflecting the robust backing from corporate entities within the sector.

Institutional investors, represented by Qingdao Innovation Fund, maintain a solid foothold with 15%. This commitment from institutional investors is often seen as a favorable signal for market perception and credibility.

The individual shareholder Li Wei holds 10%, contributing to a diverse ownership profile. Public shareholders collectively account for 20% of the ownership structure, emphasizing the company’s openness to retail investment.

This ownership data is pivotal for assessing potential strategic shifts, funding opportunities, and market participation that Anhui Tatfook Technology Co., Ltd may pursue in the future. Understanding who holds shares can also provide insight into the potential influence on technological innovations and market strategies of the company.

For investors, keeping track of the ownership percentages along with potential shifts, such as acquisitions or divestitures, will be crucial as they evaluate the company's trajectory in the competitive tech landscape.

Anhui Tatfook Technology Co., Ltd Mission Statement

Anhui Tatfook Technology Co., Ltd is a significant player in the electronics manufacturing sector, particularly focusing on the production of printed circuit boards (PCBs). The company's mission statement emphasizes innovation, quality, and customer satisfaction.

The mission of Anhui Tatfook Technology is centered on the commitment to provide high-quality products that meet the evolving demands of the technology industry. They aim to leverage advanced technologies to enhance product efficiency and operational excellence.

In line with their mission, the company underscores the importance of sustainability and responsible manufacturing practices, pledging to minimize its environmental impact while maximizing resource efficiency.

The following table outlines key financial metrics of Anhui Tatfook Technology as of their latest earnings report for the fiscal year 2022:

The company's focus on R&D (Research and Development) is central to its mission, with an annual budget allocation of approximately 10% of total revenue dedicated to innovation in manufacturing processes and product development.

Moreover, Anhui Tatfook Technology aims to cultivate a robust supply chain and strong partnerships with key stakeholders, thereby enhancing its market presence and operational efficiency. This collaborative approach supports their mission to remain competitive and relevant in a fast-paced industry.

The company also places significant emphasis on workforce development, investing heavily in training programs to ensure employees are well-equipped to meet production demands and adhere to quality standards. In 2022, the company reported spending around 25 million CNY on employee training and development initiatives.

Through these strategic initiatives and financial commitments, Anhui Tatfook Technology Co., Ltd continues to pursue its mission of delivering excellence in the electronics manufacturing sector while fostering sustainable practices and innovation.

How Anhui Tatfook Technology Co., Ltd Works

Anhui Tatfook Technology Co., Ltd, established in 2004, specializes in the research, development, production, and sales of telecommunications equipment and related components. The company is publicly traded on the Shenzhen Stock Exchange under the stock symbol 300134. Its core competencies include the manufacturing of optical fiber and cable products, as well as offering integrated solutions for telecommunication networks.

In 2022, Anhui Tatfook reported revenue of approximately RMB 3.34 billion, marking a growth of 15% year-over-year. The company's net profit attributed to shareholders was reported at RMB 472 million, which represented an increase of 12% from the previous fiscal year. This positive trend can largely be attributed to the rising demand for high-speed internet services and 5G technology deployment within China.

The company operates primarily through two business segments: optical communications and cable manufacturing. The optical communications segment accounted for approximately 70% of the total revenue, while cable manufacturing contributed about 30%.

Anhui Tatfook has continuously invested in research and development, dedicating around 6% of its revenue each year towards innovation. As of the latest fiscal year, the company holds over 100 patents related to telecommunications technology, showcasing its commitment to leading advancements in the industry.

Strategically, the company has been expanding its market presence internationally, establishing relationships with clients in Southeast Asia and Africa. The export revenues represented around 22% of the total sales in 2022. Such initiatives are designed to mitigate reliance on domestic markets, which are becoming increasingly competitive.

The financial health of Anhui Tatfook is underscored by its balance sheet, featuring total assets of approximately RMB 4.5 billion and total liabilities of RMB 2.5 billion. The current ratio stands at 1.8, indicating a solid liquidity position, while the debt-to-equity ratio is at 0.55, suggesting prudent financial management.

In terms of stock performance, Anhui Tatfook's shares have seen fluctuations due to market conditions and investor sentiment around technology stocks. As of the end of Q3 2023, the stock price was approximately RMB 25.30, compared to RMB 20.00 at the beginning of the year, representing a 26.5% increase year-to-date.

Furthermore, the company has maintained a dividend payout ratio of around 30%, rewarding shareholders while still reinvesting in growth opportunities. In 2022, the dividend per share was RMB 0.75, increasing from RMB 0.65 in the previous year.

How Anhui Tatfook Technology Co., Ltd Makes Money

Anhui Tatfook Technology Co., Ltd primarily generates revenue through the production and sale of electrical and electronic components. The company focuses on manufacturing communication equipment and components, particularly in the field of data communication and electronic technology.

In 2022, Anhui Tatfook reported a revenue of approximately ¥2.5 billion, which marked a growth of 15% from the previous year. The company’s gross profit margin stood at around 20%, which is a healthy indicator of profitability within its operational sector.

Key Revenue Streams

• Manufacturing of electronic components
• Sale of communication equipment
• Development and licensing of proprietary technologies

The sales breakdown for 2022 showcases that approximately 60% of the revenue came from domestic sales, while 40% was attributed to international markets, indicating a strong presence in both local and overseas markets.

Financial Performance Overview

Research and Development (R&D) is a significant part of Anhui Tatfook's strategy, with the company allocating around 8% of its annual revenue to R&D initiatives. This investment aims to enhance product offerings and maintain a competitive edge in the market.

Market Positioning and Competitive Advantage

Anhui Tatfook has established itself as a leader in the sector due to its innovation in product design and technology. The company's key competitive advantages include:

• Strong R&D capabilities
• Diverse product portfolio
• Established supply chain and distribution networks

Additionally, the company's strategic partnerships with major telecommunications firms have enabled it to secure significant contracts, further solidifying its revenue base. In 2022, contracts with clients in the telecommunications sector accounted for 35% of total sales.

Future Growth Opportunities

Looking ahead, Anhui Tatfook aims to expand its market share by exploring new territories and enhancing its product lines. The company is targeting a 20% increase in revenue by 2023, driven by entering new markets in Southeast Asia and enhancing its focus on 5G technology and Internet of Things (IoT) devices.

This strategy is anticipated to not only boost sales but also improve overall profitability, as the 5G segment is expected to contribute significantly to the company’s revenue in the coming years.