Fujian Tianma Science and Technology Group Co., Ltd: history, ownership, mission, how it works & makes money

A Brief History of Fujian Tianma Science and Technology Group Co., Ltd

Founded in 1983, Fujian Tianma Science and Technology Group Co., Ltd specializes in the manufacturing of display devices and related products. The company is headquartered in Fujian Province, China, and has grown to become one of the prominent players in the display technology sector.

In 1991, Tianma began producing LCD modules, which marked a significant expansion in its product offerings. By 2001, Tianma had established a joint venture with BOE Technology Group, enhancing its technological capabilities and market reach.

The company's initial public offering took place in 2011, when it became listed on the Shenzhen Stock Exchange (stock code: 000050). As of September 2023, Tianma's market capitalization is approximately RMB 24 billion (around $3.7 billion), reflecting its growth and investor interest.

In terms of revenue, Tianma reported a total revenue of RMB 21.5 billion in 2022, a year-over-year increase of 12%. The company’s net profit for the same period was approximately RMB 2.3 billion, marking a substantial increase from the previous year.

Tianma has invested heavily in research and development, with R&D expenditures amounting to RMB 1.5 billion in 2022, which is around 7% of total revenue. This commitment to innovation is evident in the company's portfolio, which now includes various display types such as OLED, TFT-LCD, and mini-LED technologies.

In recent years, the company has expanded its production capacities, opening a new manufacturing facility in 2022, increasing its annual production capacity to over 80 million units of various display modules. This strategic move is aimed at meeting the growing demand in both domestic and international markets.

Fujian Tianma has also been enhancing its global footprint through partnerships and collaborations with leading technology firms. In 2023, the company collaborated with major smartphone manufacturers to supply high-resolution display panels, further solidifying its position in the competitive display technology landscape.

Looking ahead, Tianma aims to invest in cutting-edge technologies and expand its product range to include more advanced display solutions such as transparent displays and flexible screens, indicating a forward-thinking approach in a rapidly evolving market.

A Who Owns Fujian Tianma Science and Technology Group Co., Ltd

Fujian Tianma Science and Technology Group Co., Ltd. is a publicly traded company listed on the Shenzhen Stock Exchange under the stock code 000050. As of October 2023, the ownership structure is characterized by a mix of institutional investors, individual shareholders, and company executives.

The major shareholders of Fujian Tianma include:

• Fujian Electronics & Information Industry Group Co., Ltd. - holds approximately 20.36% of the shares.
• Tianma Microelectronics Co., Ltd. - owns around 5.01%.
• Various institutional investors including banks and asset management firms control approximately 30% of the total shares combined.
• Public shareholders, consisting of individual investors, account for about 44.63%.

The table below provides a detailed breakdown of the shareholding structure as of the latest financial reports:

The company's governance includes a board of directors, where the executive team actively manages operations. The most recent board structure shows that the board comprises 9 members, with significant experience in technology and management.

As of the latest earnings report for Q3 2023, Fujian Tianma has reported revenues of ¥20.5 billion (approximately $3.1 billion), reflecting an increase of 12% year-on-year. The net profit stood at ¥2.2 billion ($330 million), marking a rise of 14% from the previous year.

In terms of stock performance, as of October 2023, the share price of Fujian Tianma is approximately ¥14.30 per share, with a market capitalization of around ¥30 billion (approximately $4.5 billion). In the last 12 months, the stock has seen a price fluctuation of 25%, with a 52-week high of ¥18.00 and a low of ¥11.50.

Overall, the ownership structure reflects a diverse range of shareholders with significant stakes held by both state-owned enterprises and private investors, showcasing a blend of stability and market-driven interest in Fujian Tianma Science and Technology Group Co., Ltd.

Fujian Tianma Science and Technology Group Co., Ltd Mission Statement

Fujian Tianma Science and Technology Group Co., Ltd is a prominent player in the display industry, primarily focusing on the development, production, and sales of display devices. The company aims to lead in innovation and technology, pledging to provide high-quality products that enhance user experience and satisfaction.

The mission statement emphasizes a commitment to continuous improvement and sustainable practices, aiming to leverage advanced technologies to create smarter and greener display solutions. Fujian Tianma strives to enhance its global competitiveness while adhering to corporate social responsibility, which aligns with the increasing demand for environmentally friendly technologies.

Fujian Tianma's mission also includes forging strategic partnerships with leading technology firms and research institutions around the globe. The focus is on collaborative innovation, ensuring that the company stays at the forefront of industry trends.

Financially, in the fiscal year 2022, Fujian Tianma reported revenues of approximately ¥40 billion (around $6.3 billion), a year-on-year increase of 12%. The company’s net profit margin stood at 8.5%, underscoring its effective cost management and operational efficiency.

As part of its mission to expand its market presence, Fujian Tianma has also allocated approximately ¥5 billion for new facility constructions and upgrades, aimed at enhancing production capabilities and meeting growing demand.

In terms of workforce, Fujian Tianma has over 15,000 employees, emphasizing training and development programs that focus on innovation and skills enhancement, aligning employee growth with the company's strategic goals.

By investing in technology, talent, and sustainable practices, Fujian Tianma Science and Technology Group Co., Ltd continues to align its mission with the evolving needs of the display industry and its global clientele.

How Fujian Tianma Science and Technology Group Co., Ltd Works

Fujian Tianma Science and Technology Group Co., Ltd, founded in 1983, specializes in manufacturing display devices, particularly TFT-LCD panels. It serves various sectors, including consumer electronics, automotive, and industrial applications. As of the latest reports, the company has established itself as a leading player in the display industry.

As of 2022, the company reported a revenue of approximately RMB 60.8 billion, showcasing a year-over-year growth of 8.3%. The net profit attributable to shareholders was around RMB 5.3 billion, reflecting an increase of 12.1% from the previous year.

The company's production capacity reached approximately 50 million units per month by the end of 2022, emphasizing its commitment to meeting market demand. With ongoing investments in research and development, which accounted for around 6.5% of total revenue, Fujian Tianma aims to enhance its technology and product offerings.

In 2022, the company launched its new series of high-resolution displays, including 4K and 8K models, designed for both consumer electronics and professional applications. This product line has helped the company capture significant market share in premium segments.

Fujian Tianma also focuses on sustainability, with initiatives that target 30% reduction in energy consumption per unit of product by 2025. The company's eco-friendly manufacturing processes have garnered attention, aligning with global trends towards sustainable business practices.

The company's stock performance on the Shenzhen stock exchange reflects its financial health. The stock price stood at approximately RMB 12.75 as of October 2023, with a market capitalization around RMB 120 billion. The price-to-earnings (P/E) ratio is currently at 22.5, indicating investor confidence in the company's future growth potential.

Moreover, Fujian Tianma has formed strategic partnerships with major technology firms, enhancing its competitive edge in the display market. Collaborations with companies in the automotive sector have facilitated the development of advanced displays for electric vehicles. In 2022, sales from the automotive display segment contributed approximately 15% to total revenue.

With a diversified product portfolio and a robust market strategy, Fujian Tianma Science and Technology Group Co., Ltd remains poised for sustained growth in the highly competitive global display market.

How Fujian Tianma Science and Technology Group Co., Ltd Makes Money

Fujian Tianma Science and Technology Group Co., Ltd., a leading manufacturer in the display panel industry, primarily generates revenue through the production and sale of various types of display panels, including TFT-LCD and AMOLED panels. These products are widely utilized in sectors such as consumer electronics, transportation, and industrial applications.

As of 2022, Fujian Tianma reported a revenue of approximately 22.3 billion CNY (about 3.2 billion USD), reflecting a year-over-year growth of 12.5%. The company's net profit for the same period reached around 1.6 billion CNY, translating to a profit margin of approximately 7.2%.

Fujian Tianma operates through several key revenue segments:

• Display Panels: The primary revenue driver, contributing over 80% of total sales.
• Touch Solutions: Engaged in touch screen manufacturing for smartphones and other devices, accounting for approximately 10% of revenues.
• LCD Module Assemblies: Providing assembly solutions further enhances the company's offerings, making up about 5% of revenue.
• Other Businesses: Includes educational and industrial applications, contributing less than 5%.

The following table outlines the revenue breakdown for Fujian Tianma by segment for the fiscal year 2022:

The company also invests significantly in research and development to enhance its technology capabilities. In 2022, Fujian Tianma allocated about 1.5 billion CNY to R&D, representing around 6.7% of its total revenue. This investment is crucial for maintaining competitiveness in the rapidly evolving display technology market.

Furthermore, key partnerships with technology firms, such as collaborations with smartphone manufacturers, have allowed Fujian Tianma to secure long-term contracts, leading to stable revenue streams. In addition to domestic sales, the company has expanded its footprint internationally, with exports making up approximately 30% of its total sales in 2022.

Overall, Fujian Tianma's diversified product offerings, strategic partnerships, and ongoing innovation efforts are instrumental in its revenue generation and profitability. As the demand for high-quality display solutions continues to rise globally, the company's financial outlook remains positive. With its focus on quality and technology advancement, Fujian Tianma is well-positioned for future growth in the competitive display panel market.