AUCMA Co.,Ltd.: history, ownership, mission, how it works & makes money

A Brief History of AUCMA Co.,Ltd.

AUCMA Co., Ltd., established in 1993, has evolved into a prominent manufacturer of refrigerators and freezers in China. Headquartered in the city of Jinan, Shandong Province, AUCMA has expanded its production capacity significantly over the years.

In 2001, AUCMA became a publicly traded company on the Shenzhen Stock Exchange under the stock code 000839. As of the end of 2022, the company reported revenues of approximately RMB 14.2 billion (around $2.1 billion), showcasing a compound annual growth rate (CAGR) of 7.5% since its IPO.

In 2008, AUCMA diversified its product offerings with the introduction of commercial refrigeration products, which contributed to its revenue growth. By 2015, AUCMA's market share in the Chinese refrigerator market reached 11%, making it one of the top three manufacturers in the country.

By 2020, AUCMA reported a net profit of RMB 1.1 billion (approximately $165 million), reflecting a 30% year-over-year increase, driven by robust demand in both domestic and international markets. The company's export revenue accounted for 25% of total sales, with significant growth observed in Southeast Asia and Europe.

In 2021, AUCMA announced plans to invest RMB 500 million (around $75 million) in technology and innovation improvements, aimed at enhancing energy efficiency and product design. The company has been recognized for its commitment to sustainability, with over 40% of its product line now featuring eco-friendly refrigerants.

As of 2023, the company's stock price has reflected a steady upward trend, closing at approximately RMB 18.50 per share. AUCMA's focus on R&D has positioned it as a significant player in smart appliance technology, with plans to introduce more IoT-enabled products to the market.

In addition to its domestic success, AUCMA continues to explore global expansion opportunities, seeking partnerships and collaborations to increase its international footprint. The company aims to achieve a revenue target of RMB 20 billion (about $3 billion) by 2025, which would require a continued emphasis on innovation and market adaptation.

A Who Owns AUCMA Co.,Ltd.

AUCMA Co., Ltd., established in 1994, is a prominent player in the major appliances sector based in China. The company specializes in the manufacturing of refrigeration appliances, air conditioning units, and other household products. AUCMA has undergone significant transformations in its ownership structure over the years.

As of 2023, the majority ownership of AUCMA is held by AUCMA Group Co., Ltd., which owns approximately 51.35% of the shareholding. This group is a state-owned enterprise and plays a crucial role in the strategic direction and operational decisions of AUCMA.

Notably, other significant shareholders include:

The company has been publicly traded on the Shenzhen Stock Exchange since 1999, under the ticker symbol 000816. In the fiscal year 2022, AUCMA reported total revenues of approximately RMB 18.65 billion (around USD 2.91 billion), marking an increase of 7.3% compared to the previous year. The net profit attributable to shareholders was approximately RMB 1.02 billion (around USD 158 million), representing a year-over-year growth rate of 8.2%.

In addition to its core business in household appliances, AUCMA has diversified its portfolio to include logistics and supply chain services, enhancing its competitive edge in the market. The company maintains a strong presence in both domestic and international markets, exporting products to various countries across different continents.

As of the latest market performance data, AUCMA's stock price is around RMB 20.50 per share, with a market capitalization of approximately RMB 10.2 billion (about USD 1.57 billion). The company has shown resilience against market fluctuations, partly due to its robust operational framework and favorable government policies supporting the home appliance industry.

Moreover, AUCMA has been focusing heavily on research and development, allocating nearly 5% of its annual revenue towards innovation to improve product efficiency and sustainability. This strategy aims to address the increasing global demand for energy-efficient appliances amid stringent environmental regulations.

AUCMA Co.,Ltd. Mission Statement

AUCMA Co., Ltd., established in 1993, operates as a leading manufacturer in the refrigeration and air conditioning sector. Its mission statement emphasizes a commitment to quality, innovation, and customer satisfaction in the design and production of high-efficiency refrigeration equipment.

The company aims to leverage advanced technology and sustainable practices to provide environmentally friendly solutions. AUCMA also focuses on enhancing user experience through state-of-the-art product features. This mission aligns with their drive to expand market share and establish a global presence.

As of 2022, AUCMA reported revenues of approximately ¥13.5 billion (around $2 billion), indicating robust growth in a competitive landscape. The company's net profit margin stood at 8%, demonstrating effective cost management and operational efficiency.

To contextualize AUCMA's mission statement, consider the following financial data:

AUCMA invests significantly in research and development, allocating around ¥300 million in 2022, which reflects their commitment to innovation. This investment supports the development of energy-efficient products while minimizing environmental impact.

In terms of market presence, AUCMA has expanded its operations globally, with exports making up approximately 25% of total sales. Their international reach is strengthened by strategic partnerships and a diverse product portfolio.

Key initiatives tied to the mission include enhancing product quality and sustainability measures, with AUCMA adhering to international quality standards such as ISO 9001 and ISO 14001. This positions the company to not only meet but exceed customer expectations in a rapidly evolving market.

In 2022, AUCMA’s air conditioning division saw a growth of 15% year-on-year, driven by increased demand in both residential and commercial sectors. This aligns well with their mission of providing high-quality and innovative solutions that cater to the needs of diverse customers.

How AUCMA Co.,Ltd. Works

AUCMA Co.,Ltd., headquartered in Qingdao, China, specializes in manufacturing refrigeration and home appliance equipment. Established in 1996, the company has evolved to become a prominent player in the HVAC (heating, ventilation, and air conditioning) and refrigeration sectors.

The company operates through several main business segments:

• Refrigeration Equipment
• Home Appliances
• Integrated Solutions

AUCMA produces a wide range of refrigeration units, including industrial freezers, commercial refrigerators, and cold chain logistics solutions. The home appliance segment includes refrigerators, freezers, and water dispensers, focusing on energy efficiency and innovative design.

In the fiscal year 2022, AUCMA reported revenues of approximately ￥9.75 billion, reflecting an increase of 12% from the previous year. The company's net profit for the same period was around ￥1.05 billion, marking a profit margin of approximately 10.8%.

Below is a summary of AUCMA's financial performance over the past three years:

AUCMA's production facilities are equipped with advanced technology, implementing automation and robotics to enhance operational efficiency. The company focuses on R&D, allocating around 5% of its annual revenue to innovation and product development.

In 2023, AUCMA introduced its new line of smart refrigerators, incorporating IoT (Internet of Things) technologies, which allows users to control and monitor their appliances via a mobile app. This innovation reflects the company's commitment to enhancing customer experience and expanding its market reach.

Geographically, AUCMA has expanded its footprint significantly. As of 2022, it operated in over 30 countries worldwide, with exports accounting for 35% of total sales. Major markets include Southeast Asia, Europe, and North America.

The company’s stock is listed on the Shenzhen Stock Exchange under the ticker symbol 002181. The stock demonstrated a year-on-year price increase of approximately 15% in 2022, closing at around ￥15.75 per share as of December 2022.

AUCMA's strategic partnerships with global suppliers and local distributors enable it to maintain a competitive edge in pricing and availability. The company emphasizes sustainable practices, committing to reducing carbon emissions by 25% by 2025, aligning with global sustainability trends.

Financially, AUCMA maintains a healthy balance sheet, with a debt-to-equity ratio of 0.45, indicating a solid leverage position and prudent financial management. The company's current ratio stands at 1.8, signaling good liquidity to cover short-term obligations.

With a robust distribution network and a strong focus on emerging technologies, AUCMA Co.,Ltd. is well-positioned to adapt to market changes and continue its growth trajectory in the competitive landscape of refrigeration and home appliances.

How AUCMA Co.,Ltd. Makes Money

AUCMA Co., Ltd., a leading manufacturer of refrigeration and cooling equipment based in China, generates revenue through several key business segments. The company's primary focus is on the production and sale of household and commercial refrigerators, freezers, and air conditioning units. In 2022, AUCMA reported a total revenue of approximately RMB 6.45 billion (around USD 1.01 billion), representing a year-on-year increase of 15.3% compared to 2021.

In addition to refrigerators, AUCMA diversifies its income through various subsidiaries and product lines, including logistics and supply chain services related to their goods. The company's financial performance has shown robust growth, particularly in emerging markets, where demand for energy-efficient and smart home appliances is rising. As of the end of 2022, AUCMA’s market share in the domestic refrigerator market was estimated at 15.6%.

The following table illustrates the breakdown of AUCMA's revenue streams for the fiscal year 2022:

AUCMA's commitment to innovation has been a critical driver of its financial success. In 2022, the company invested approximately RMB 350 million in research and development, focusing on smart technology integration and energy efficiency improvements. This investment has allowed AUCMA to launch several new products, enhancing its competitive edge in both domestic and international markets.

Furthermore, AUCMA's international sales have gained traction, contributing significantly to its overall revenue growth. In 2022, overseas sales accounted for approximately 20% of the company's total revenue, with major markets including Southeast Asia, Africa, and Europe.

AUCMA is also pursuing strategic partnerships and expanding its production capabilities. The company operates multiple manufacturing facilities, including a state-of-the-art plant in Qingdao, which employs over 4,500 people and has a production capacity exceeding 8 million units annually.

The company's financial health is reflected in its profitability metrics. For the fiscal year 2022, AUCMA reported a net profit margin of 8.7%, translating to a net profit of approximately RMB 560 million, up from RMB 485 million in 2021.

With these robust operational strategies and a commitment to growth, AUCMA Co., Ltd. continues to strengthen its position in the competitive landscape of home appliance manufacturing.