Beijing Teamsun Technology Co.,Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Beijing Teamsun Technology Co.,Ltd.

Beijing Teamsun Technology Co., Ltd., established in 2000, is a leading provider of IT solutions and services in China. Initially focusing on software development, the company has expanded its offerings over the years, aligning with the rapid technological advancement in the region.

In 2004, Teamsun became a public company, officially listed on the Shenzhen Stock Exchange under the ticker symbol 000811. The company's IPO raised approximately ¥300 million, providing a significant boost to its capital for future expansions.

By 2010, Teamsun had grown substantially, reporting revenues of around ¥1.8 billion, with a net profit margin of approximately 10%. The company diversified its portfolio by integrating cloud computing and big data analytics into its service offerings, catering to a broad range of industries including finance, healthcare, and government.

In 2015, Teamsun announced a strategic partnership with IBM to enhance its cloud services, which was instrumental in breaking into the international market. This partnership led to a dramatic increase in revenue, reaching ¥3.5 billion by the end of the fiscal year.

As of 2021, Beijing Teamsun Technology Co., Ltd. reported a total revenue of ¥5.2 billion, marking an increase of 48% from the previous year. The company's net income for the same period was approximately ¥800 million, resulting in earnings per share of ¥1.50.

The following table provides a summary of Beijing Teamsun's financial performance over the past five fiscal years:

In 2022, Teamsun continued its upward trajectory, expanding its cloud computing services and investing in AI technology. The company reported a projected revenue of ¥6.4 billion, with an expected net income of ¥1.1 billion.

In recent years, Teamsun has also focused on enhancing its research capabilities, allocating over 15% of its annual revenue to R&D. This investment is expected to foster innovation and maintain its competitive edge in the fast-evolving tech industry.

As of October 2023, the company's stock performance has been robust, showing a steady increase of 25% year-to-date, reflecting investor confidence and consistent growth in financial metrics. The market capitalization of Beijing Teamsun Technology Co., Ltd. stood at approximately ¥35 billion.

A Who Owns Beijing Teamsun Technology Co.,Ltd.

Beijing Teamsun Technology Co., Ltd. is a notable player in the field of IT services and software solutions in China. As of the latest data available in 2023, the ownership structure of the company is primarily composed of various institutional and individual shareholders. The largest stakeholder is the state-owned enterprise, China National Chemical Corporation, which holds approximately 18.68% of the shares.

Further details regarding the ownership distribution are as follows:

In terms of market performance, as of October 2023, Beijing Teamsun's stock price is around RMB 32.58, representing an increase of 12.4% year-to-date. The company's market capitalization stands at approximately RMB 18.55 billion.

Additionally, Teamsun’s revenue for the fiscal year 2022 was reported at RMB 4.35 billion, showcasing a growth rate of 16.5% compared to the previous year. The net profit margin for the same year was approximately 8.7%.

Recent strategic moves include partnerships with major tech firms and expansion into cloud computing services, which have contributed to the company's increased market penetration and revenue growth. The company aims to leverage its strong ties with the government and state-owned enterprises to enhance its technological capabilities and service offerings.

Overall, the ownership structure reflects a blend of state influence alongside significant participation from institutional and individual investors, highlighting the diverse interests in Beijing Teamsun Technology Co., Ltd.

Beijing Teamsun Technology Co.,Ltd. Mission Statement

Beijing Teamsun Technology Co., Ltd., established in 2000, aims to be a leading provider of IT solutions and services in China. The company's mission is focused on delivering comprehensive and innovative technology solutions to enhance business productivity and efficiency.

The company emphasizes customer satisfaction and aims to build long-term partnerships by providing tailored solutions in areas such as cloud computing, big data, and IT infrastructure. Beijing Teamsun Technology supports various industries, including finance, government, and telecommunications, ensuring that they meet the specific needs of each sector.

In the fiscal year of 2022, Beijing Teamsun Technology reported revenue of ¥7.15 billion, showcasing a growth of 15% compared to the previous year. Their net profit stood at ¥800 million, with a profit margin of 11.2%. The company's robust financial performance reflects its commitment to innovation and service excellence.

In addition to financial metrics, Beijing Teamsun Technology has consistently invested in research and development, with an allocation of ¥360 million in 2022, representing a 20% increase from ¥300 million in 2021. This commitment to R&D supports their mission of driving technological advancement and meeting the evolving demands of their customers.

The company has built an extensive client network, serving over 1,000 enterprises across various sectors. Beijing Teamsun Technology has developed strategic partnerships with prominent global technology firms, enhancing their service offerings and ensuring they remain competitive in the fast-paced IT landscape.

By prioritizing innovation and customer-centric solutions, Beijing Teamsun Technology is not only fulfilling its mission but is also positioning itself as a key player in the Chinese IT industry, with aspirations to expand its influence internationally.

How Beijing Teamsun Technology Co.,Ltd. Works

Beijing Teamsun Technology Co., Ltd. operates as a prominent player in the information technology landscape in China. Founded in 2001, the company focuses on providing comprehensive IT services, solutions, and products, particularly in the fields of software development, system integration, and IT consulting.

As of the latest reporting period in 2023, Teamsun has reported a revenue of approximately RMB 4.7 billion, representing a year-on-year growth of 10.5%. The gross profit margin for the company was reported at 30%, indicating a stable operational efficiency in its service delivery.

Teamsun's service offerings include:

• Cloud computing
• Big data solutions
• Cybersecurity services
• Enterprise resource planning (ERP) systems

In 2022, the company invested over RMB 500 million in research and development, showcasing its commitment to innovation and product development. This investment has led to the launch of several AI-driven products aimed at improving business processes for clients in various sectors.

Teamsun reports a diversified customer base, serving industries such as finance, telecommunications, and healthcare. The company’s ability to tailor its services to meet specific industry needs has strengthened its market position. For instance, in the financial sector, Teamsun provided services to major banks, enhancing their digital capabilities with software solutions that improved transaction security and processing efficiency.

Financially, the company has maintained a healthy balance sheet. As of Q2 2023, its total assets reached RMB 8.3 billion, while liabilities stood at RMB 3.5 billion, leading to a debt-to-equity ratio of 0.42, which indicates a low leverage position. This financial stability enables Teamsun to pursue growth opportunities, including strategic partnerships and acquisitions.

Beijing Teamsun Technology Co., Ltd. has also been focusing on expanding its market presence internationally. In 2023, the company signed strategic partnerships with firms in Southeast Asia, aiming to leverage its advanced technology solutions and tap into growing markets. This expansion aligns with the global trend of digital transformation, wherein organizations across the globe are investing in IT capabilities to enhance productivity and efficiency.

To summarize the operational aspect, Teamsun utilizes a skilled workforce, reporting over 5,500 employees, with a significant portion dedicated to R&D. The personnel's expertise allows the company to innovate continuously and respond to emerging technological trends. The company's organizational structure supports agility in project management, enabling Teamsun to deliver timely solutions to clients.

Overall, Beijing Teamsun Technology Co., Ltd. continues to establish itself as a leader in the IT sector through strategic investments, a robust financial foundation, and a diversified service portfolio that addresses the needs of various industries.

How Beijing Teamsun Technology Co.,Ltd. Makes Money

Beijing Teamsun Technology Co., Ltd. primarily generates revenue through its offerings in software products, IT services, and cloud computing solutions. The company has positioned itself as a key player in China's IT service sector, focusing on enterprise-level software and cloud services. In 2022, Teamsun reported a revenue of approximately RMB 6.14 billion (around $943 million), demonstrating a growth of 14.2% year-over-year.

A significant portion of Teamsun's revenue comes from its software development services, including customized software solutions for various industries such as finance, telecommunications, and government sectors. For instance, in 2022, software product sales accounted for about 30% of total revenues, contributing roughly RMB 1.84 billion (approximately $280 million).

The company also earns substantial income through IT consulting and support services. In its latest earnings report, Teamsun detailed that revenue from IT consulting grew by 18% in 2022, amounting to around RMB 1.32 billion (around $200 million). This growth reflects increased demand for digital transformation services as businesses migrate to cloud and data-driven operations.

Cloud services represent another vital revenue stream. In 2022, Teamsun's cloud services segment generated RMB 2.50 billion (around $380 million), constituting 41% of its total revenues. The company has made significant investments in building its cloud infrastructure, which has bolstered its market position. The growth rate in this segment reached 22% compared to the previous year.

In addition to these primary revenue streams, Teamsun is also engaged in strategic partnerships and collaborations, enhancing its ability to penetrate various markets and expand its offerings. For example, in 2023, the company announced collaborations with major cloud providers to deliver hybrid cloud solutions, further diversifying its revenue base.

Furthermore, Teamsun's investment in research and development has been significant. In 2022, the company allocated RMB 800 million (approx. $122 million) for R&D activities, aiming to innovate and improve its software solutions continually. This focus not only helps maintain long-term growth but also positions the company favorably against its competitors.

Overall, Beijing Teamsun Technology Co., Ltd. leverages a diverse portfolio that includes software products, IT consulting, and cloud services, with a sustained emphasis on innovation and strategic partnerships, ensuring continued revenue growth and market relevance.