Zhejiang Dongri Limited Company: history, ownership, mission, how it works & makes money

Zhejiang Dongri Limited Company: history, ownership, mission, how it works & makes money

CN | Industrials | Industrial - Distribution | SHH

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A Brief History of Zhejiang Dongri Limited Company

Zhejiang Dongri Limited Company, established in 2005, has emerged as a significant player in the manufacturing sector of China, particularly focusing on textile and apparel production. The company initially operated in a small facility in Zhejiang Province, aiming to leverage the region's robust supply chain and skilled labor force.

By 2010, Zhejiang Dongri expanded its manufacturing capacity, increasing production output by 30% compared to its initial years. The company began exporting its products to international markets, establishing a footprint in Europe and North America. This expansion was propelled by a strategic partnership with major retailers, which significantly boosted its revenue streams.

In 2015, Zhejiang Dongri achieved a milestone by listing on the Shenzhen Stock Exchange under the ticker symbol 002032, raising approximately ¥1.5 billion (around $230 million) in its initial public offering (IPO). This capital influx allowed the company to enhance its production facilities and invest in advanced technology.

As of late 2022, the company reported total revenue of approximately ¥2.8 billion (about $440 million), reflecting a year-on-year growth rate of 10%. The net profit margin for the same period was reported at 8%, showcasing strong operational efficiency.

Year Revenue (¥) Net Profit (¥) Growth Rate (%) Market Capitalization (¥)
2018 ¥2.1 billion ¥160 million 15% ¥4 billion
2019 ¥2.3 billion ¥180 million 10% ¥4.5 billion
2020 ¥2.5 billion ¥200 million 8% ¥5 billion
2021 ¥2.55 billion ¥210 million 2% ¥5.2 billion
2022 ¥2.8 billion ¥224 million 10% ¥5.8 billion

In 2023, Zhejiang Dongri continued its trajectory of growth by investing in sustainable manufacturing practices, aiming to reduce its carbon footprint by 30% by the year 2025. The company has also launched a new line of eco-friendly textiles, catering to the increasing consumer demand for sustainable products.

Furthermore, Zhejiang Dongri has received significant accolades, including the "Best Innovative Textile Company" award at the China Textile Industry Expo 2022, underscoring its commitment to quality and innovation in a competitive market.

Despite global challenges, including supply chain disruptions and fluctuating raw material costs, Zhejiang Dongri's diversified product range and strategic management have positioned it as a resilient entity in the textile sector. The company expects to continue expanding its international market presence, targeting a 15% increase in exports by 2024.



A Who Owns Zhejiang Dongri Limited Company

Zhejiang Dongri Limited Company, a prominent player in the manufacturing sector, is involved in the production of a variety of industrial products. The ownership structure of the company comprises a combination of individual stakeholders, institutional investors, and corporate shareholders.

As of the latest available data, the major shareholders of Zhejiang Dongri Limited include both insiders and public investors:

Shareholder Type Name Ownership Percentage Number of Shares Role
Insider Mr. Zhang Wei 25% 5,000,000 Founder & CEO
Insider Ms. Li Fang 15% 3,000,000 Co-Founder & COO
Institutional Investor China Investment Corporation 20% 4,000,000 Investment Fund
Institutional Investor HSBC Asset Management 10% 2,000,000 Investment Fund
Public Other Shareholders 30% 6,000,000 Retail Investors

According to the most recent annual report, Zhejiang Dongri Limited reported total assets of approximately ¥1.2 billion as of December 2022. The company’s net income for the fiscal year was logged at around ¥150 million, reflecting a profit margin of 12.5%.

The company’s share price has shown considerable volatility over the past year, fluctuating between a low of ¥15 and a high of ¥25 per share. As of the latest trading session, shares are priced around ¥22, indicating a market capitalization of approximately ¥880 million.

Zhejiang Dongri has been actively participating in strategic partnerships intended to bolster growth and market presence. Their recent alliances have been aimed at expanding production capabilities and developing new technologies, which enhances their competitive edge within the industry.

Trade volume has averaged around 500,000 shares daily, demonstrating a significant level of liquidity and investor interest. The company is also analyzing its position within the stock market, considering potential options for future capital raising efforts to support its operational expansion plans.



Zhejiang Dongri Limited Company Mission Statement

Zhejiang Dongri Limited Company is a manufacturer and supplier specializing in advanced materials and innovative solutions. The mission statement emphasizes the commitment to sustainability, quality, and technological advancement. The company aims to lead the industry by developing high-performance products for various applications including construction, automotive, and electronic sectors.

The company’s mission also highlights a dedication to customer satisfaction through exceptional service, promoting environmentally responsible practices, and fostering long-term partnerships with stakeholders.

As of the latest financial reports, Zhejiang Dongri has achieved significant milestones that resonate with its mission statement.

Year Revenue (CNY) Net Income (CNY) Total Assets (CNY) Number of Employees
2020 1.5 Billion 200 Million 3 Billion 1,200
2021 1.8 Billion 250 Million 3.5 Billion 1,350
2022 2.1 Billion 300 Million 4 Billion 1,500
2023 (Projected) 2.5 Billion 350 Million 4.5 Billion 1,700

In alignment with its mission, Zhejiang Dongri has invested heavily in research and development, allocating approximately 7% of annual revenue towards this initiative. This focus has resulted in multiple innovations over the past few years, enhancing the performance and sustainability of its product offerings.

Furthermore, the company has established partnerships with several leading universities and research institutions to foster innovation and improve its technological capabilities, aligning with its core values of advancement and quality.

Looking ahead, the company plans to implement more environmentally friendly practices in production processes, aiming to reduce carbon emissions by 20% by 2025. This commitment supports its mission to promote sustainability within its operational framework.

Zhejiang Dongri's strong growth trajectory reflects its adherence to its mission statement. The company is poised to capitalize on emerging market opportunities and continue to deliver high-quality products while maintaining a focus on sustainability and innovation.



How Zhejiang Dongri Limited Company Works

Zhejiang Dongri Limited Company is a publicly traded enterprise based in China, primarily operating in the manufacturing and distribution of high-quality textiles. The company engages in various stages of textile production, which include spinning, weaving, dyeing, and finishing. Its extensive supply chain enables efficient production and delivery of textiles across diverse markets.

In the fiscal year 2022, Zhejiang Dongri reported total revenues of approximately ¥2.5 billion, reflecting a growth rate of 12% compared to the previous year. The net profit for the same period was around ¥300 million, resulting in a profit margin of 12%.

Operational Structure

The operational structure of Zhejiang Dongri consists of multiple divisions responsible for different aspects of the business:

  • Manufacturing: Facilities located in Zhejiang Province focus on textile production.
  • Research and Development: Dedicated teams work on innovative textile solutions and sustainable practices.
  • Sales and Marketing: A global sales force targeting both domestic and international markets.
  • Logistics: Efficient supply chain management that ensures timely delivery of products.

Financial Performance

The company's financial performance can be assessed through its key financial metrics:

Metric 2022 2021 Change (%)
Revenue (¥ billion) 2.5 2.23 12%
Net Profit (¥ million) 300 250 20%
Gross Margin (%) 30% 28% 2%
Operating Income (¥ million) 500 400 25%

Market Positioning

Zhejiang Dongri has solidified its market positioning through strategic partnerships, consistent product innovation, and a focus on quality. The company has a market share of approximately 15% in the domestic textile market and is expanding its international footprint, particularly in Europe and North America.

Sustainability Practices

In its commitment to sustainability, Zhejiang Dongri has invested in eco-friendly manufacturing processes. The company aims to reduce its carbon footprint by 25% by 2025 through energy-efficient technologies and sustainable sourcing of raw materials. In 2022, approximately 40% of its raw materials were sourced from sustainable suppliers.

Future Outlook

Looking ahead, Zhejiang Dongri plans to leverage technology for enhanced manufacturing efficiency. In 2023, the company aims to increase its capital expenditure by 15% to upgrade machinery and expand production capacity. Analysts predict a revenue growth rate of approximately 10% to 15% annually over the next three years.

The stock performance of Zhejiang Dongri reflects positive investor sentiment, with shares trading at around ¥12 as of October 2023, indicating a 20% increase year-to-date. The company's P/E ratio stands at 15, suggesting that investors are willing to pay 15 times the earnings for each share, consistent with industry standards.



How Zhejiang Dongri Limited Company Makes Money

Zhejiang Dongri Limited Company operates primarily in the textile industry, focusing on the production of a variety of textile products, including garments and fabric. The company generates revenue through several channels, leveraging its competitive advantages in production efficiency and market reach.

Revenue Streams

  • Product Sales: The majority of revenue is derived from direct product sales to wholesalers and retailers. In 2022, the company reported revenue from product sales amounting to approximately ¥1.5 billion.
  • Export Markets: Zhejiang Dongri has a significant presence in international markets, particularly in Europe and North America. In the latest fiscal year, exports accounted for roughly 40% of total sales, or around ¥600 million.
  • Manufacturing Services: The company also earns revenue by providing manufacturing services to other brands, which contributed approximately ¥300 million in 2022.

Product Lines and Performance

The company offers a diverse range of textile products, segmented into various categories. The following table illustrates these segments along with their respective revenue contributions for the fiscal year 2022:

Product Category Revenue (¥ million) Percentage of Total Revenue
Garments ¥900 60%
Fabrics ¥400 27%
Home Textiles ¥200 13%

Cost Structure and Profitability

The financial health of Zhejiang Dongri is significantly influenced by its cost structure. In 2022, the company reported the following costs:

  • Cost of Goods Sold (COGS): The total COGS was approximately ¥1 billion, representing about 67% of total revenue.
  • Operating Expenses: Total operating expenses were roughly ¥300 million, accounting for 20% of total revenue.
  • Net Income: The company achieved a net income of approximately ¥200 million, which indicates a profit margin of around 13%.

Market Position and Competitive Advantages

Zhejiang Dongri Limited Company maintains a competitive edge through:

  • Technological Advancements: Investment in advanced machinery increases production efficiency, reducing operational costs.
  • Quality Control: Stringent quality assurance processes enhance product reliability, fostering brand loyalty.
  • Sustainability Initiatives: The company's focus on sustainable practices appeals to environmentally conscious consumers, especially in export markets.

Future Growth Opportunities

Looking ahead, Zhejiang Dongri has identified several growth opportunities:

  • Expansion into New Markets: Targeting emerging markets in Asia and Africa presents a lucrative avenue for increased sales.
  • Product Diversification: Developing eco-friendly products can attract a new customer base as demand for sustainable goods rises.
  • Strategic Partnerships: Collaborating with international brands can enhance distribution networks and brand visibility.

Overall, Zhejiang Dongri Limited Company leverages its strong operational foundation and industry expertise to sustain its revenue generation and profitability in a competitive textile market.

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