Zhejiang Huangma Technology Co.,Ltd: history, ownership, mission, how it works & makes money

A Brief History of Zhejiang Huangma Technology Co.,Ltd

Zhejiang Huangma Technology Co., Ltd., established in 1995, is based in Zhejiang, China. The company specializes in producing high-quality plastic products, particularly for the household and automobile sectors. It went public on the Shenzhen Stock Exchange in 2010 under the stock code 002043.

In recent years, Zhejiang Huangma has expanded its production capabilities significantly. As of 2022, the company reported a total revenue of approximately ¥1.5 billion (about $224 million), reflecting a growth rate of 10% year-over-year. The net profit attributable to shareholders reached around ¥150 million (approximately $22.4 million), showcasing a profit margin of about 10%.

The company's commitment to innovation is evident in its ongoing investments. In 2021, Zhejiang Huangma invested more than ¥120 million (around $17.9 million) in research and development, focusing on enhancing its product lines and developing new technologies.

Zhejiang Huangma has prioritized sustainability and environmental responsibility. In 2022, the company achieved a reduction in carbon emissions by 15% compared to the previous year, showcasing its commitment to environmentally friendly practices.

The company also boasts a diverse product portfolio, including plastic parts for various automotive brands and household goods, reaching a production capacity exceeding 50 million units annually. Its market share within the Chinese plastic products industry has increased significantly, commanding approximately 8% of the market as of 2022.

Moreover, Zhejiang Huangma has engaged in strategic partnerships with several key players in the automotive industry, which has enhanced its distribution capabilities and market outreach. The company aims to expand its international footprint, with a goal of increasing export sales by 25% over the next three years.

A Who Owns Zhejiang Huangma Technology Co.,Ltd

Zhejiang Huangma Technology Co., Ltd is a publicly listed company in China, traded on the Shenzhen Stock Exchange under the stock code 002870. As of the latest available data, the company is primarily engaged in the manufacturing of various textile and machinery products, with a focus on the production of sewing threads.

According to the 2022 annual report, Zhejiang Huangma Technology Co., Ltd had a total revenue of approximately ¥1.5 billion, which represented a year-over-year increase of 12%. The net profit for the same year was recorded at around ¥180 million, showing an increase of 15% compared to 2021.

The equity structure of Zhejiang Huangma Technology Co., Ltd shows a diverse mix of institutional and individual shareholders. As of mid-2023, the major shareholders include both founders and institutional investors. The ownership distribution is as follows:

In terms of stock performance, as of the end of September 2023, Zhejiang Huangma Technology’s shares traded at approximately ¥18.50 per share, marking a 25% increase since the beginning of the year. The company has been performing well in the textile industry, primarily due to the rising demand for sustainable and innovative textile solutions.

The recent financial results indicate that Zhejiang Huangma has also invested significantly in research and development, with an expenditure of ¥120 million in 2022. This represents about 8% of its total revenue, aimed at enhancing product quality and expanding its product range.

The company’s market cap is currently estimated at around ¥2.8 billion, reflecting its growth trajectory and investor confidence in its operational strategies. In recent strategic moves, Zhejiang Huangma has sought to expand its market presence internationally, particularly targeting Southeast Asia and Europe.

As a part of the textile industry, Zhejiang Huangma has been influenced by global market trends, including fluctuations in raw material prices and shifts towards eco-friendly products. The gross margin for the year 2022 was approximately 35%, which highlights the company’s ability to manage costs effectively while maintaining profitability.

The governance of Zhejiang Huangma Technology Co., Ltd is overseen by a board comprising 10 members, including both executive and independent directors, ensuring a balanced approach to management and strategic decision-making.

Zhejiang Huangma Technology Co.,Ltd Mission Statement

Zhejiang Huangma Technology Co., Ltd. is a leading player in the Chinese manufacturing sector, particularly focusing on the production of high-quality synthetic fibers and related products. The company commits to delivering innovative solutions that enhance the customer experience while adhering to environmental and sustainability standards.

The mission statement of Zhejiang Huangma Technology encapsulates its core objectives: to provide high-quality products, enhance technological innovation, and foster sustainable development. The company aims to achieve a harmonious balance between economic growth and ecological protection.

As part of its strategic initiatives, Zhejiang Huangma Technology Co., Ltd. aims to increase its market share by continuously refining its product offerings and enhancing customer engagement. The mission underscores the importance of maintaining high ethical standards while striving for innovation.

The company has reported robust financial performance in recent years, reflecting the effectiveness of its mission-oriented approach. In the fiscal year ending December 2022, Zhejiang Huangma Technology reported revenues of approximately ¥2.5 billion, showcasing a 10% increase from the previous year. Net profit for the same period was approximately ¥300 million, resulting in a profit margin of 12%.

Additionally, the company is committed to corporate social responsibility, focusing on creating an inclusive workplace and contributing to community development. This strategic focus aligns closely with its mission statement, prioritizing long-term value creation for all stakeholders.

In summary, the mission statement of Zhejiang Huangma Technology Co., Ltd. reflects its strong commitment to quality, innovation, sustainability, and social responsibility, setting the foundation for future growth and success in the competitive manufacturing landscape. The company's focus on these core values is designed to ensure resilience against market fluctuations and drive sustainable profitability.

How Zhejiang Huangma Technology Co.,Ltd Works

Zhejiang Huangma Technology Co., Ltd, established in 1997, operates primarily in the manufacturing of high-end packaging materials, specifically for the food, pharmaceuticals, and cosmetics industries. The company is recognized for its advanced production capabilities and commitment to R&D, enabling it to produce various packaging solutions that meet international standards.

In 2022, Zhejiang Huangma reported total revenue of approximately RMB 1.2 billion (around USD 180 million), reflecting a growth rate of 15% year-over-year. Their net profit margin stood at 10%, which aligns with industry averages for similar manufacturing sectors.

The company’s primary product lines include:

• Flexible Packaging: Mainly for food and pharmaceutical applications
• Thermoforming Packaging: Specialized products designed for high-temperature processing
• Custom Packaging Solutions: Tailored products based on client specifications

Operational efficiency is a priority for Zhejiang Huangma. The company has invested in state-of-the-art equipment, which contributes to a production capacity of around 30 million square meters of packaging materials annually. Their manufacturing facilities are located in the Jiangsu province, leveraging proximity to raw material suppliers, which enhances cost efficiency.

Zhejiang Huangma emphasizes sustainability in its operations. They have adopted eco-friendly practices in their manufacturing processes, with over 70% of their products made from recyclable materials. In 2023, they pledged to reduce carbon emissions by 20% over the next five years, aligning with global sustainability goals.

Financially, the company maintains a strong balance sheet with the following key metrics as of 2022:

Zhejiang Huangma’s market positioning is strengthened through partnerships and collaborations with major brands in the food and pharmaceutical sectors, allowing for a stable customer base. The company expects to capitalize on emerging markets, particularly in Southeast Asia, where demand for packaging solutions is on the rise.

R&D expenditures represent about 8% of total revenue, with a focus on developing innovative packaging technologies and materials. Their R&D team has introduced several new products that incorporate smart packaging technologies, enhancing product safety and shelf life.

In terms of market trends, the global flexible packaging market was valued at approximately USD 250 billion in 2021 and is projected to grow at a CAGR of around 4.5% from 2022 to 2030. Zhejiang Huangma is well-positioned to leverage this growth through its innovative products and sustainable practices.

The company operates under strict quality control systems, certified under ISO 9001 and ISO 14001, ensuring that their operations meet international quality and environmental management standards. With a workforce of over 1,200 employees, the company emphasizes training and development, fostering a culture of innovation and efficiency.

How Zhejiang Huangma Technology Co.,Ltd Makes Money

Zhejiang Huangma Technology Co., Ltd specializes in the manufacturing of various types of equipment, particularly in the field of electronic components and machinery. The company has established a robust revenue model primarily through its diverse range of products and services. As of the latest reporting period, Huangma Technology generated a revenue of approximately RMB 1.65 billion in 2022.

The company’s revenue streams can be broken down into several key categories:

• Manufacturing of electronic components
• Production of machinery used in industrial applications
• Service contracts and technical support
• Research and development (R&D) services for custom solutions

In terms of product categories, Huangma Technology’s primary income sources are detailed in the following table:

Huangma Technology has been strategically expanding its market presence. The company exported products worth RMB 300 million in 2022, marking a growth of 15% year-on-year. This export growth is indicative of the company's increasing international footprint, particularly in markets across Asia and Europe.

The gross profit margin for Zhejiang Huangma Technology stands at approximately 25%, reflecting efficient cost management and production processes. Operating income for the year was reported at around RMB 330 million, which translates to an operating margin of about 20%.

Investment in innovation has also played a crucial role in revenue generation. The company allocated approximately RMB 100 million for R&D in 2022, which represents around 6.1% of total revenue, aimed at developing advanced technologies and enhancing product offerings.

Financial ratios offer additional insights into the company’s profitability and operational efficiency. For instance, Zhejiang Huangma Technology's return on equity (ROE) is approximately 12%, while the return on assets (ROA) is reported at 8%. These metrics indicate effective utilization of shareholder equity and company assets in generating profits.

Overall, Zhejiang Huangma Technology Co., Ltd leverages a multi-faceted approach to generating income, driven by its diverse product lines and commitment to innovation, allowing the company to maintain a competitive advantage in the electronic components and machinery sectors.