Hunan Goke Microelectronics Co.,Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Hunan Goke Microelectronics Co.,Ltd.

Founded in 2001, Hunan Goke Microelectronics Co., Ltd. has established itself as a prominent player in the semiconductor industry, focusing on the development and production of communication and consumer electronics solutions. The company is headquartered in Changsha, Hunan Province, China, and has grown significantly since its inception.

In 2006, Goke became publicly listed on the Shenzhen Stock Exchange under the ticker symbol 300672. By the end of 2021, the company reported a total revenue of approximately ¥1.48 billion (around $230 million), demonstrating substantial growth over the years.

The company specializes in various segments, including video surveillance, smart home devices, and cloud computing, reflecting the increasing demand for advanced technology solutions. In 2020, Goke's net profit reached ¥233 million (approx. $36 million), a growth of approximately 42% from the previous year.

The company has invested heavily in research and development, spending approximately 10% of its annual revenue on innovation. In 2021, this amounted to around ¥148 million (approx. $23 million). This commitment to R&D has allowed Goke to expand its product offerings and strengthen its market presence.

As of 2022, Goke Microelectronics has secured numerous patents, exceeding 200, which cover a range of technologies in the semiconductor space. This intellectual property portfolio has positioned the company favorably against competitors in the fast-evolving tech landscape.

The company's strategic partnerships with major players in the tech industry have also contributed to its growth. Collaborations with companies such as Huawei and Alibaba in smart city projects and cloud computing services have expanded Goke's market opportunities significantly.

In response to the global semiconductor shortage in 2021, Goke adopted agile manufacturing practices, enabling it to increase production capacity by 30% without compromising quality. This adaptation allowed the company to maintain its market share and meet customer demand effectively.

Looking towards the future, Goke Microelectronics aims to increase its international footprint, targeting markets in Europe and North America. The company plans to launch new product lines in 2023 that focus on AI-driven technologies and IoT solutions, projected to drive an additional 20% increase in revenue.

Overall, Hunan Goke Microelectronics Co., Ltd. has exhibited a robust growth trajectory bolstered by strategic investments, a strong commitment to R&D, and an expanding global presence in the semiconductor market.

A Who Owns Hunan Goke Microelectronics Co.,Ltd.

Hunan Goke Microelectronics Co., Ltd. is a publicly traded company based in China, specializing in microelectronics and semiconductor products. As of the latest reports, the company is listed on the Shenzhen Stock Exchange under the stock code 002192.

The ownership structure of Hunan Goke is characterized by a mix of institutional and individual shareholders, along with significant stakes held by its founding members and management. According to the data from the end of 2022, the major shareholders included:

As illustrated in the table, Hunan Goke Science & Technology Group Co., Ltd. holds the largest single stake, emphasizing the company’s close ties to its parent organization. The individual investor segment forms a significant part of the shareholder base, reflecting a strong retail interest in the company's performance.

In terms of financial performance, as reported in the 2022 annual report, Hunan Goke achieved a revenue of approximately ¥1.56 billion, representing a year-on-year growth of 18%. The net profit for the same period was reported at ¥250 million, an increase from the previous year's net profit of ¥210 million.

The company's recent stock performance has also been noteworthy. Over the last year, the stock price has fluctuated between a low of ¥11.50 and a high of ¥18.30, demonstrating a volatile yet potentially rewarding trading environment for investors.

Hunan Goke's market capitalization as of October 2023 stood at approximately ¥6.8 billion, indicating its position within the semiconductor industry as a relatively mid-sized player. The company has also been investing heavily in research and development, with an R&D budget that constituted around 8% of its total revenue in the previous fiscal year.

The ownership dynamics and financial outlook showcase Hunan Goke Microelectronics as a strategically positioned entity in the microelectronics landscape, with key stakeholders actively involved in its governance and success.

Hunan Goke Microelectronics Co.,Ltd. Mission Statement

The mission of Hunan Goke Microelectronics Co., Ltd. is to become a leading provider of high-quality, innovative semiconductor solutions. The company focuses on the development and production of integrated circuits (ICs) primarily for automotive, communications, and consumer electronics applications. Goke aims to drive technological advancements while maintaining a commitment to environmental sustainability.

In recent years, Hunan Goke has made significant strides in expanding its product portfolio. The company reported operating revenues of approximately RMB 1.5 billion in 2022, reflecting a year-on-year growth of 25%. This growth has been attributed to increased demand for its semiconductor products across various industries, especially the automotive sector, which accounted for over 40% of total sales.

• Established: 2001
• Headquarters: Changsha, Hunan, China
• Employees: Approximately 1,500
• Research and Development Investment: 15% of revenues
• Main Products: Microcontrollers, power management ICs, communication ICs

Hunan Goke's strategic focus is on innovation and excellence, targeting the development of advanced process technologies. The company has invested heavily in research and development, with over RMB 225 million allocated in 2022 alone, aimed at enhancing its technological capabilities and product offerings. This commitment has led to several patents in areas such as low-power design and efficient power management solutions.

The company's mission reflects its vision to adapt to the evolving demands of the semiconductor industry. Goke aims to achieve a market leadership position by exceeding customer expectations through reliable and innovative solutions. Current market trends indicate a robust demand for semiconductors, particularly in the areas of electric vehicles (EVs) and Internet of Things (IoT) devices, which Goke is strategically positioned to capitalize on.

Moreover, Hunan Goke is actively engaged in enhancing its sustainability footprint. The company has pledged to reduce its carbon emissions by 30% by 2025 and is exploring renewable energy solutions for its manufacturing processes. This commitment to sustainability aligns with global trends towards greener technologies and responsible sourcing of materials.

Goke's mission is not only about being a leader in technology but also about fostering a culture that values integrity, collaboration, and respect for the environment. The company believes that these values are crucial for sustaining long-term growth and building lasting relationships with customers and stakeholders.

How Hunan Goke Microelectronics Co.,Ltd. Works

Hunan Goke Microelectronics Co., Ltd. specializes in the design, development, and manufacturing of high-performance integrated circuits, particularly for the video surveillance and smart home industries. Established in 2001, the company has carved a niche in the semiconductor market, focusing on providing innovative solutions that cater to both domestic and international markets.

As of the most recent financial report in Q3 2023, Hunan Goke reported a revenue of RMB 1.2 billion, marking an increase of 18% year-over-year. The net profit for the same period was approximately RMB 300 million, translating to a net profit margin of 25%.

The company operates through several key segments:

• Integrated Circuit Design
• Silicon Chip Manufacturing
• Product Sales and Distribution
• Research and Development

Their major products include:

• Video Encoding Chips
• Smart Home Controllers
• Wireless Communication Modules
• Microcontrollers

Hunan Goke's competitive edge lies in its investment in research and development, allocating over 10% of its annual revenue to this segment. In 2023, the R&D expenditure reached RMB 120 million. This investment has led to over 300 patents and continuous innovation in chip technology.

In terms of market positioning, Hunan Goke is known for its strong partnerships with leading global technology firms. The company has formed alliances with over 50 multinational corporations, enhancing its distribution network and expanding its market reach across Asia, Europe, and North America.

The company’s stock performance has also reflected its robust financial health. As of October 2023, Hunan Goke's share price stood at RMB 45, showing a year-to-date increase of 35%.

In addition, Hunan Goke has been proactive in expanding its production capacity. In 2023, the company invested RMB 200 million to upgrade its manufacturing facilities, which is expected to increase output by 30% by the end of the fiscal year.

Hunan Goke continues to adapt to market demand by developing AI-driven chip solutions, aiming to capture a growing segment in artificial intelligence and machine learning applications within consumer electronics.

How Hunan Goke Microelectronics Co.,Ltd. Makes Money

Hunan Goke Microelectronics Co., Ltd., listed on the Shenzhen Stock Exchange under the ticker 002192, generates revenue primarily through its innovative semiconductor products, specifically focusing on the fields of digital TV chips, set-top box chips, and other microelectronics. The company’s strategy leverages its expertise in integrated circuit design and development to cater to both domestic and international markets.

In 2022, Goke reported a total revenue of approximately ¥4.56 billion, which marked a year-over-year increase of 15.1%. This growth stems from a rise in demand for its core products, particularly in the consumer electronics sector.

The company's revenue composition can be broken down as follows:

Hunan Goke's operational model heavily emphasizes research and development (R&D), with R&D expenses amounting to approximately ¥610 million in 2022, representing around 13.4% of its total revenue. This investment in R&D is pivotal in driving innovation in its product offerings and maintaining competitiveness in the semiconductor industry.

The company also benefits from strategic partnerships and collaborations with key players in technology and telecommunications. These relationships have expanded its reach and enhanced its product capabilities. In 2022, partnerships contributed to a revenue boost of over ¥800 million.

Additionally, Goke has a solid export orientation, with international sales accounting for about 35% of its total revenue in recent years. Notable markets include Southeast Asia and Europe, where the demand for advanced microelectronics is steadily increasing.

Hunan Goke's profitability is reflected in its gross margin, which stood at 30% for the fiscal year 2022, driven by efficient production processes and cost management strategies. The net profit for the same year was reported at around ¥650 million, translating to a net profit margin of 14.3%.

In conclusion, Hunan Goke Microelectronics Co., Ltd. derives its revenue from a diversified range of semiconductor products, bolstered by significant R&D investments, strategic alliances, and a growing international market presence, all contributing to its financial stability and growth trajectory.