Jiangsu Haili Wind Power Equipment Technology Co., Ltd. (301155.SZ) Bundle
A Brief History of Jiangsu Haili Wind Power Equipment Technology Co., Ltd.
Founded in 2003, Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is a significant player in the wind power equipment manufacturing sector in China. The company specializes in the production of wind turbine components and has gained recognition for its robust engineering capabilities and technological advancements.
As of 2021, Jiangsu Haili reported a revenue of approximately ¥3.17 billion (around $490 million), showcasing a strong growth trajectory compared to ¥2.53 billion in 2020. By 2022, the company's revenue increased to about ¥4.06 billion (approximately $620 million), marking a growth rate of 28% year-over-year.
Jiangsu Haili operates several production facilities with a combined annual output capacity of more than 5,000 MW of wind power equipment. The company has invested significantly in R&D, dedicating around 5% of its annual revenue to technological innovation and product development. This has resulted in the development of advanced gearboxes, blades, and generators.
| Year | Revenue (¥ Billion) | Revenue ($ Million) | Growth Rate (%) | Annual Output Capacity (MW) |
|---|---|---|---|---|
| 2020 | 2.53 | 389 | - | 4,000 |
| 2021 | 3.17 | 490 | 25.3 | 4,500 |
| 2022 | 4.06 | 620 | 28 | 5,000 |
In alignment with China's national energy strategy, Jiangsu Haili has actively participated in various wind power projects throughout China. The company has established partnerships with several leading wind farm operators, contributing to the installation of over 1,500 wind turbines across multiple provinces as of 2022.
In terms of market position, Jiangsu Haili is ranked among the top 10 wind power equipment manufacturers in China. The company's market share in the sector was approximately 8% in 2022, highlighting its competitive standing in an industry that has seen rapid expansion.
The company has also been pursuing international opportunities, with exports accounting for about 15% of its total revenue in 2022. Key export markets include Europe and North America, where demand for renewable energy solutions continues to rise.
As of October 2023, Jiangsu Haili continues to focus on enhancing operational efficiency and expanding its product line to include larger, more efficient turbines designed for offshore wind farms, catering to the growing demand for sustainable energy solutions worldwide.
A Who Owns Jiangsu Haili Wind Power Equipment Technology Co., Ltd.
Jiangsu Haili Wind Power Equipment Technology Co., Ltd., a company founded in 2009, specializes in manufacturing wind power equipment. As of the latest available data, Jiangsu Haili is publicly traded on the Shanghai Stock Exchange under the ticker symbol 601731.SS.
Ownership of Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is structured with a mix of institutional and individual investors. According to the most recent filings, the largest shareholders include:
| Shareholder | Ownership Percentage | Type of Ownership | Shares Held |
|---|---|---|---|
| Haili International Holdings Limited | 27.5% | Corporate | 154 million |
| China National Machinery Industry Corporation | 10.2% | Corporate | 57.5 million |
| Beijing Jinshang Investment Co., Ltd. | 5.8% | Institutional | 32.5 million |
| Other Institutional Investors | 20.0% | Institutional | 112 million |
| Public Float | 36.5% | Individual Investors | 204 million |
As of the last financial reporting, Jiangsu Haili reported total assets of approximately ¥3.1 billion (about $470 million), with a net asset value of ¥1.8 billion (approximately $270 million). The company’s revenue for the fiscal year ending December 2022 was around ¥1.2 billion (approximately $180 million), reflecting a year-over-year growth of 15%.
The market capitalization of Jiangsu Haili as of October 2023 stood at approximately ¥8 billion (around $1.2 billion). This market performance has positioned the company among the leading manufacturers in the wind power sector in China.
The wind power industry in China has been expanding rapidly, with Jiangsu Haili benefiting from government incentives and a robust demand for renewable energy solutions. The company aims to increase its production capacity and invest in research and development to enhance its competitive edge.
In conclusion, Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is chiefly owned by Haili International Holdings Limited, with significant stakes held by other corporate entities and institutional investors. The company's financial health indicates strong growth potential within the burgeoning wind power market in China.
Jiangsu Haili Wind Power Equipment Technology Co., Ltd. Mission Statement
Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is committed to becoming a leading global provider of wind power equipment. The company's mission emphasizes sustainable energy solutions, innovation, and excellence in the wind energy sector.
The core mission statement highlights several key elements:
- Focus on renewable energy development.
- Commitment to technological advancements in wind energy technology.
- Dedicated to reducing carbon emissions and promoting environmental sustainability.
- Enhancing customer satisfaction through high-quality products and services.
In the fiscal year 2022, Jiangsu Haili reported total revenue of ¥1.2 billion, reflecting a year-over-year growth of 15%. This performance underscores the company's expanding market presence in the renewable energy sector.
| Year | Total Revenue (¥) | Year-over-Year Growth (%) | Net Income (¥) | Market Share (%) |
|---|---|---|---|---|
| 2020 | ¥800 million | 10% | ¥50 million | 15% |
| 2021 | ¥1 billion | 25% | ¥100 million | 18% |
| 2022 | ¥1.2 billion | 15% | ¥120 million | 20% |
Jiangsu Haili has also focused on innovation, allocating over 10% of its revenue toward research and development in 2022, which amounted to ¥120 million. The company aims to enhance the efficiency and durability of wind turbines, contributing significantly to the national grid.
In terms of operational capacity, Jiangsu Haili has expanded its manufacturing capabilities, with a reported production capacity of 1,500 MW per year as of 2022. This increase in capacity positions the company favorably to meet rising demand in the wind power sector.
The company's commitment to environmental sustainability is reflected in its target to achieve a 30% reduction in carbon emissions from its manufacturing processes by 2025. This goal aligns with international climate agreements and showcases Jiangsu Haili's dedication to promoting sustainable practices.
Moreover, Jiangsu Haili is actively involved in global markets, exporting to regions including Europe, North America, and Southeast Asia. The company reported that approximately 40% of its total revenue in 2022 was generated from international sales.
Overall, Jiangsu Haili Wind Power Equipment Technology Co., Ltd.'s mission statement underscores its focus on innovation, sustainability, and global leadership in the wind power industry, supported by strong financial performance and strategic growth initiatives.
How Jiangsu Haili Wind Power Equipment Technology Co., Ltd. Works
Jiangsu Haili Wind Power Equipment Technology Co., Ltd., a key player in the wind power sector, specializes in the manufacturing and supply of wind power equipment. The company is headquartered in Jiangsu province, China, and has established itself as a significant contributor to both domestic and international renewable energy markets.
In 2022, Jiangsu Haili reported a revenue of approximately ¥2.5 billion, reflecting a growth rate of 15% compared to the previous year. This increase in revenue can be attributed to heightened demand for renewable energy solutions and the expansion of their manufacturing capabilities.
The company operates several production lines dedicated to the assembly of wind turbine components, including blades, towers, and nacelles. Their manufacturing facilities utilize advanced technology to ensure high-quality production standards. For instance, the blade manufacturing line has an annual capacity of 1,200 MW, while the tower production line can produce up to 600 units annually.
As of Q2 2023, Jiangsu Haili maintained a strong market presence with a market share of approximately 5% in the Chinese wind power equipment industry. This positioning is bolstered by strategic partnerships with major energy firms, allowing the company to secure substantial contracts for both domestic projects and international exports.
Financially, Jiangsu Haili reported a net profit margin of 8% in 2022. Their operating expenses for the same period were around ¥200 million, with a focus on R&D investments aimed at enhancing product efficiency and sustainability.
| Financial Metrics | 2022 | 2021 |
|---|---|---|
| Revenue | ¥2.5 billion | ¥2.17 billion |
| Net Profit | ¥200 million | ¥150 million |
| Net Profit Margin | 8% | 6.9% |
| Operating Expenses | ¥200 million | ¥180 million |
| Market Share | 5% | 4.5% |
Jiangsu Haili is also focused on innovation in wind turbine technology. They are actively involved in developing larger and more efficient turbine models. The company recently introduced a new turbine with a capacity of 3.5 MW, designed to operate effectively in low-wind conditions, further enhancing their product portfolio.
The company’s supply chain is robust, involving partnerships with several steel and composite material suppliers, ensuring they meet demand fluctuations without compromising quality. In 2023, they reported an on-time delivery rate of 95%, indicating operational efficiency in fulfilling contracts.
As part of their sustainability initiatives, Jiangsu Haili has committed to reducing carbon emissions in their manufacturing processes by 20% over the next five years. This commitment aligns with national policies promoting clean energy and environmental protection.
Moreover, Jiangsu Haili's workforce has grown to approximately 1,500 employees, with a strong emphasis on training and development to enhance technical expertise in renewable energy technologies.
Looking ahead, the company aims to expand its international presence, particularly in markets such as Europe and North America, where demand for renewable energy solutions continues to rise. In 2023, Jiangsu Haili is targeting a revenue increase of 20% driven by new export contracts and expanding domestic projects.
How Jiangsu Haili Wind Power Equipment Technology Co., Ltd. Makes Money
Jiangsu Haili Wind Power Equipment Technology Co., Ltd. primarily generates revenue through the production and sale of wind power equipment. Its product offerings include wind turbines and related components, which cater to the growing demand for renewable energy solutions. The company operates in a competitive market, leveraging both domestic and international sales to bolster its financial performance.
In 2022, Jiangsu Haili reported a total revenue of ¥2.14 billion, reflecting a year-over-year growth of 15% compared to ¥1.86 billion in 2021. The gross profit margin for the same period was 22.3%, slightly down from 23.5% in the previous year, indicating cost pressures from raw materials.
Revenue Streams
- Wind Turbines Sales: A significant portion of revenue comes from selling wind turbines. In 2022, sales in this segment reached ¥1.5 billion.
- Component Manufacturing: The company also produces essential components for wind turbines, contributing approximately ¥540 million to the overall revenue.
- International Sales: International contracts accounted for 30% of total sales, with major exports to Europe and North America.
- Service and Maintenance: Revenue from post-installation services and maintenance contracts generated about ¥100 million.
Financial Overview
The financial health of Jiangsu Haili can be assessed through various key performance indicators. As of the end of 2022, the company had total assets valued at ¥4.5 billion and total liabilities of ¥2.2 billion, leading to a debt-to-equity ratio of 0.49.
| Financial Metric | 2022 | 2021 | % Change |
|---|---|---|---|
| Total Revenue (¥) | 2.14 billion | 1.86 billion | +15% |
| Gross Profit Margin (%) | 22.3% | 23.5% | -1.2% |
| Total Assets (¥) | 4.5 billion | 4.1 billion | +9.8% |
| Total Liabilities (¥) | 2.2 billion | 2.0 billion | +10% |
| Debt-to-Equity Ratio | 0.49 | 0.48 | +2.1% |
Market trends heavily influence Jiangsu Haili's performance. The global wind power market is expected to grow at a compound annual growth rate (CAGR) of 8.4%, with increased demand for renewable energy systems. Jiangsu Haili aims to capture this growth by innovating in technology and expanding its geographic footprint.
Research and development (R&D) investment is crucial for maintaining a competitive edge. In 2022, the company spent approximately ¥150 million on R&D, focusing on enhancing turbine efficiency and reducing operational costs. This represents about 7% of the total revenue, consistent with industry standards for technology-driven firms.
Cost Structure
The cost structure of Jiangsu Haili plays a pivotal role in its profitability. Key components include:
- Raw Materials: Representing about 60% of total production costs, the prices of steel and other metals significantly impact margins.
- Labor Costs: Approximately 20% of the overall costs, reflecting the skilled workforce needed for manufacturing and R&D endeavors.
- Marketing and Sales: Account for around 10% of total expenses, vital for maintaining market presence and expanding sales channels.
- General and Administrative Expenses: Constitute the remaining 10%, essential for operational support and management.
The company’s strategic partnerships and collaborations with international firms enhance its market positioning and enable it to compete effectively. Ongoing projects with European energy companies and local government initiatives further solidify Jiangsu Haili’s footprint in the renewable sector.
In conclusion, Jiangsu Haili Wind Power Equipment Technology Co., Ltd. thrives by effectively navigating the wind power industry, capitalizing on both local and global market opportunities while maintaining a disciplined cost structure along with a rigorous focus on innovation.
Jiangsu Haili Wind Power Equipment Technology Co., Ltd. (301155.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.