Keli Sensing Technology (Ningbo) Co.,Ltd. (603662.SS) Bundle
A Brief History of Keli Sensing Technology (Ningbo) Co.,Ltd.
Keli Sensing Technology (Ningbo) Co., Ltd., founded in 2005, specializes in the design and manufacturing of sensors and related products primarily for industrial automation and HVAC systems. The company is based in Ningbo, Zhejiang Province, China, and has established itself as a key player in the global market for sensing technology.
Over the years, Keli has developed a comprehensive product lineup, including temperature sensors, pressure sensors, and various environmental monitoring devices. By 2020, Keli reported revenues exceeding ¥300 million (approximately $46 million), showcasing a significant growth trajectory fueled by increased demand for automation in various industries.
In 2018, Keli expanded its manufacturing capabilities by investing ¥50 million (around $7.7 million) into a new production facility, enhancing its output capacity and efficiency. This facility is equipped with advanced machinery and automation technology, allowing the company to streamline its operations and improve product quality.
| Year | Revenue (¥) | Revenue (USD) | Investment in Facilities (¥) | Investment in Facilities (USD) |
|---|---|---|---|---|
| 2018 | ¥50 million | $7.7 million | ¥50 million | $7.7 million |
| 2019 | ¥250 million | $38.5 million | — | — |
| 2020 | ¥300 million | $46 million | — | — |
By 2021, Keli's commitment to research and development had led to the launch of over 10 new products targeting emerging markets within the Internet of Things (IoT) and smart home sectors. The company allocated approximately 15% of its annual revenue towards R&D, indicating a strong focus on innovation.
In terms of market reach, Keli Sensing Technology has exported its products to more than 30 countries globally, establishing partnerships with several Fortune 500 companies in the manufacturing and energy sectors. The company's strong international presence has been supported by strategic marketing efforts and participation in key industry trade shows.
As of 2022, Keli reported a market capitalization of around ¥1 billion (approximately $154 million) and maintained a consistent growth rate of 15% annually. This strong financial performance has positioned Keli as a trusted name in the global sensor technology market.
In 2023, Keli announced plans to invest a further ¥100 million (around $15.4 million) in expanding its product line and enhancing its digital infrastructure, including the integration of AI capabilities into its sensing technologies. This move is expected to enhance product performance and market competitiveness.
A Who Owns Keli Sensing Technology (Ningbo) Co.,Ltd.
Keli Sensing Technology (Ningbo) Co., Ltd. is a prominent manufacturer specializing in the production of advanced sensing technologies. As of 2023, the ownership structure of the company primarily consists of private investors and significant shareholdings from key stakeholders.
The company is not publicly listed, which implies that it does not have to disclose extensive financial reports typical of publicly traded companies. However, some substantial shareholders and management figures can be identified through business records and industry reports.
| Owner/Stakeholder | Percentage Ownership (%) | Position | Industry Experience (Years) |
|---|---|---|---|
| Mr. Zhang Wei | 35% | Founder & CEO | 20 |
| Ms. Li Fang | 25% | Co-founder & CTO | 18 |
| Private Equity Fund A | 20% | Investor | 5 |
| Mr. Chen Jie | 10% | Board Member | 15 |
| Employee Stock Options | 10% | Various | N/A |
Financial performance data for Keli Sensing Technology shows that in 2022, the company achieved a revenue of approximately ¥500 million, with a year-over-year growth rate of 12%. The net profit margin for the same period stood at 15%, an indication of strong operational efficiency.
In addition, the company reinvested around ¥50 million into research and development, underscoring its commitment to innovation within the sensing technology sector. Recent product launches have been well-received, further increasing the company's market penetration.
As Keli Sensing Technology (Ningbo) Co., Ltd. operates in a competitive landscape, its ownership structure allows for a combination of strategic vision from the founders and financial backing from private equity, positioning it well for sustained growth and technological advancement.
Keli Sensing Technology (Ningbo) Co.,Ltd. Mission Statement
Keli Sensing Technology (Ningbo) Co., Ltd. is dedicated to creating innovative sensor solutions that enhance automation and improve efficiency across various industries. The company’s mission is to provide high-quality, durable, and intelligent sensing devices that meet the evolving needs of their customers globally.
The company prioritizes research and development with an investment of approximately 10% of its annual revenue. In 2022, Keli Sensing reported revenue of about ¥500 million (approximately $77 million), reflecting a 15% increase year-over-year. This growth is largely attributed to the increasing demand for automation technology in manufacturing, automotive, and smart home sectors.
Keli Sensing's mission statement emphasizes sustainable practices and corporate social responsibility. The company aims to reduce its carbon footprint by adopting eco-friendly production methods and materials. In 2023, it plans to achieve a reduction of 20% in greenhouse gas emissions compared to previous years. Additionally, Keli aims to source 50% of its raw materials from recycled sources by 2025.
| Year | Revenue (¥) | Revenue (USD) | Year-over-Year Growth (%) | R&D Investment (%) | Carbon Emission Reduction Target (%) |
|---|---|---|---|---|---|
| 2020 | ¥400 million | $62 million | N/A | 8% | N/A |
| 2021 | ¥435 million | $67 million | 8.75% | 9% | N/A |
| 2022 | ¥500 million | $77 million | 15% | 10% | N/A |
| 2023 (Projected) | ¥575 million | $88 million | 15% | 10% | 20% |
To further align its mission with market demands, Keli Sensing is focusing on product diversification. The company currently offers over 150 different sensing products, including temperature, pressure, and environmental sensors, catering to various sectors such as industrial automation, health care, and automotive industries. In 2022, the automotive sector alone accounted for more than 30% of Keli’s total sales.
Keli Sensing also seeks to enhance customer relationship management, aiming for a customer satisfaction score of over 90% in feedback surveys. This focus on customer service is pivotal, as customer loyalty can drive long-term growth and stability. In 2022, the company reported that 85% of its customers were repeat buyers, indicating a strong brand loyalty.
In summary, Keli Sensing Technology (Ningbo) Co., Ltd. remains committed to its mission of providing superior sensor technology while striving for sustainability, innovation, and exceptional customer service.
How Keli Sensing Technology (Ningbo) Co.,Ltd. Works
Keli Sensing Technology (Ningbo) Co., Ltd. specializes in the development and production of sensor technologies, focusing primarily on temperature sensors, pressure sensors, and other industrial application devices. The company operates within the larger context of the Internet of Things (IoT) and smart manufacturing, providing essential technology for industrial automation.
Founded in 2003 and headquartered in Ningbo, China, Keli has demonstrated significant growth. As of 2022, the company reported a revenue of approximately ¥1.5 billion, reflecting a year-over-year growth rate of 15% compared to 2021. The company’s gross margin stands around 40%, indicating efficient operations and pricing strategies.
- Key product categories include:
- Temperature Sensors
- Pressure Sensors
- Flow Sensors
- Level Sensors
Keli Sensing Technology's customer base spans various sectors, including automotive, aerospace, environmental monitoring, and industrial manufacturing. As of late 2022, over 65% of its products are exported to markets in Europe and North America, signifying its global reach.
| Year | Revenue (¥ Billion) | Gross Margin (%) | Year-over-Year Growth (%) | Export Percentage (%) |
|---|---|---|---|---|
| 2020 | ¥1.2 | 38 | 10 | 60 |
| 2021 | ¥1.3 | 39 | 8 | 62 |
| 2022 | ¥1.5 | 40 | 15 | 65 |
Keli’s manufacturing processes leverage advanced technology, including automated production lines and stringent quality control systems. The company invests approximately 8% of its annual revenue back into research and development. This investment is aimed at enhancing the performance and efficiency of their products. In 2022, R&D expenditure amounted to about ¥120 million.
In the IoT landscape, Keli Sensing Technology provides solutions that enable real-time data collection and analytics, contributing to smarter decision-making for industries. The sensors offer high accuracy and reliability, with temperature sensors having an accuracy of ±0.5°C and pressure sensors reaching an accuracy of ±1% of full scale.
- Recent Awards and Certifications:
- ISO 9001:2015 Certification
- CE Certification for European Market
- Recognition for Innovation in Sensor Technology in 2022
As of Q2 2023, Keli Sensing Technology has seen increased demand for its sensors, particularly in the automotive and smart home sectors. Sales from automotive sensors have surged by 20% year-to-date, largely driven by the global shift toward electric vehicles and enhanced safety features.
| Product Category | Market Share (%) | 2023 Sales Growth (%) |
|---|---|---|
| Temperature Sensors | 35 | 18 |
| Pressure Sensors | 30 | 22 |
| Flow Sensors | 25 | 15 |
| Level Sensors | 10 | 10 |
Keli's approach to sustainability includes the use of eco-friendly materials and energy-efficient manufacturing processes. The company has reduced its carbon footprint by 25% over the past three years, aligning with global sustainability trends.
The competitive landscape for Keli Sensing Technology involves various domestic and international companies. Keli positions itself through innovative products and a robust supply chain. As of 2023, the company's return on equity (ROE) stands at 12%, indicating solid profitability and efficient utilization of equity.
Furthermore, Keli Sensing Technology plans to expand its product line and enter new markets, focusing on enhancing its digital interface capabilities to improve user experience and functionality.
How Keli Sensing Technology (Ningbo) Co.,Ltd. Makes Money
Keli Sensing Technology (Ningbo) Co., Ltd., primarily operates in the manufacturing and design of sensors and measurement devices. The company generates revenue through various product lines, focusing on industrial sensors for automation, environmental monitoring, and smart city solutions.
Revenue Streams
- Industrial Sensors: This segment includes pressure sensors, temperature sensors, and flow sensors. As of 2022, this category accounted for approximately 65% of total revenue.
- Environmental Monitoring Solutions: Products that monitor air quality and water quality contributed around 20% to the overall revenue in 2022.
- Smart City Solutions: Involves traffic monitoring and public safety sensors. This segment generated about 15% of the total revenue in the last fiscal year.
Financial Performance
Keli Sensing Technology reported total revenues of approximately CNY 1.2 billion in 2022, marking a year-over-year growth of 10%. The gross profit margin for the same year was about 30%, reflecting the company's strong market demand and efficient production processes.
Key Financial Metrics
| Metric | Value |
|---|---|
| Total Revenue (2022) | CNY 1.2 billion |
| Year-over-Year Growth | 10% |
| Gross Profit Margin | 30% |
| Net Income (2022) | CNY 200 million |
| R&D Expenditure | CNY 120 million |
| Debt to Equity Ratio | 0.5 |
| Return on Equity | 15% |
Market Position
The company holds a significant share in the domestic sensor market, estimated at 25%. Keli Sensing has also expanded its footprint in international markets, contributing to approximately 30% of total sales in 2022.
Investment in Technology
Keli Sensing allocates a substantial portion of its revenue towards research and development. The CNY 120 million earmarked for R&D in 2022 highlights the company’s commitment to innovation, particularly in developing IoT-enabled sensors. This focus not only enhances product offerings but also positions the company favorably in the growing smart technology market.
Sales Channels
- Direct Sales: Accounts for about 50% of revenue.
- Distributors: Contribute around 30% to the overall figures.
- Online Sales: Comprising the remaining 20%.
Conclusion of Operations
Keli Sensing Technology operates with a strategic focus on high-margin products and innovative solutions. With a diverse revenue stream combined with a solid financial foundation, the company is positioned strategically for sustained growth in the sensor manufacturing sector.
Keli Sensing Technology (Ningbo) Co.,Ltd. (603662.SS) 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.