Xi'an Manareco New Materials Co.,Ltd (688550.SS) Bundle
A Brief History of Xi'an Manareco New Materials Co.,Ltd
Xi'an Manareco New Materials Co., Ltd., established in 2004, has emerged as a key player in the production and supply of advanced composite materials and functional materials in the materials science sector. Headquartered in Xi'an, Shaanxi Province, the company specializes in a range of products including thermoplastics, thermosetting plastics, and composite fibers.
As of 2022, the company reported a revenue of RMB 1.2 billion, indicating a growth of 15% year-on-year compared to RMB 1.04 billion in 2021. This sustained growth trajectory is attributed to a strong demand for high-performance materials in various industries, particularly in aerospace, automotive, and electronics.
In 2018, Xi'an Manareco expanded its production capabilities by investing approximately RMB 300 million in a new manufacturing facility that focused on enhancing its output of carbon fiber reinforced composites. This facility increased their production capacity by 40%, allowing the company to better meet the growing market demands.
By 2020, the company had further diversified its product offerings, launching a new line of eco-friendly composite materials. This initiative was aligned with global sustainability trends and contributed to around 18% of the total revenue in 2021.
| Year | Revenue (RMB) | Growth Rate | Investment in Expansion (RMB) | Production Capacity Increase (%) |
|---|---|---|---|---|
| 2018 | 800 million | 30% | 300 million | 40% |
| 2019 | 900 million | 12.5% | - | - |
| 2020 | 1.04 billion | 15.56% | - | - |
| 2021 | 1.04 billion | 0% | - | - |
| 2022 | 1.2 billion | 15% | - | - |
Xi'an Manareco has also focused heavily on research and development, allocating approximately 10% of its annual revenue to R&D activities. This investment has facilitated the development of innovative products and the improvement of existing materials, keeping the company at the forefront of material science advancements.
In 2022, the company received various certifications including ISO 9001 for quality management systems, which has bolstered its credibility in international markets and enhanced customer trust. As a result, exports accounted for around 25% of total sales in the same year, marking a significant step towards global expansion.
Looking ahead, Xi'an Manareco aims to double its revenue by 2025, targeting markets in Europe and North America as part of its strategic growth plan. With continued investment in technology and a commitment to sustainability, the company remains poised to capitalize on the increasing demand for advanced materials.
A Who Owns Xi'an Manareco New Materials Co.,Ltd
Xi'an Manareco New Materials Co., Ltd is a publicly traded company listed on the Shenzhen Stock Exchange under the stock code **300296**. The company specializes in the research, development, and production of new materials, including high-performance polymer products.
As per the latest available shareholder structure data, the ownership distribution is as follows:
| Shareholder Name | Ownership (%) | Shares Held (Million) |
|---|---|---|
| Xi'an Manareco Group Co., Ltd. | 32.48 | 15.26 |
| China National Chemical Corporation (ChemChina) | 15.50 | 7.20 |
| Public Float | 52.02 | 24.25 |
As of the end of 2022, the total revenue generated by Xi'an Manareco New Materials was approximately **¥1.05 billion**, reflecting an increase of **10%** over the previous year. The net profit attributable to shareholders was reported at **¥150 million**, indicating a profit margin of **14.29%**.
The company’s market capitalization stood at around **¥4.5 billion** as of April 2023. Its earnings per share (EPS) for the fiscal year 2022 was **¥0.74**, and the price-to-earnings (P/E) ratio was calculated to be **20.27**, showcasing a moderate valuation relative to its earnings potential.
Geographically, the company's revenue sources are diversified, with **60%** of its sales originating from domestic markets within China, while the remaining **40%** are derived from international exports, primarily targeting markets in Europe and Southeast Asia.
As part of its strategy, Xi'an Manareco has been investing in research and development, allocating approximately **¥100 million** for R&D in 2022, which is around **9.52%** of its total revenue.
In summary, the ownership structure of Xi'an Manareco New Materials Co., Ltd is primarily held by Xi'an Manareco Group and ChemChina, with a significant portion also available for public trading, reflecting a blend of institutional and individual investors in its shareholder base.
Xi'an Manareco New Materials Co.,Ltd Mission Statement
Xi'an Manareco New Materials Co., Ltd, established in 2018, focuses on innovative material technologies, primarily in the field of construction and environmental sustainability. The company's mission statement reflects its commitment to quality, sustainability, and innovation.
The mission statement emphasizes the following core components:
- Innovation: Developing advanced materials that enhance performance and sustainability in construction.
- Sustainability: Committing to environmentally friendly practices and reducing carbon footprints.
- Quality: Delivering high-quality materials that meet or exceed industry standards.
- Customer Satisfaction: Ensuring the needs of clients are met through customized material solutions.
In 2022, the company reported a revenue of ¥1.2 billion, showcasing a growth rate of 15% year-over-year. This growth was driven by an increasing demand for sustainable building materials, particularly in regions with stringent environmental regulations.
As part of its mission, Xi'an Manareco has committed to investing 10% of its annual revenue into research and development to foster innovation. The company aims to diversify its product line and enhance its service offerings further.
| Year | Revenue (¥) | Growth Rate (%) | R&D Investment (¥) | Product Lines |
|---|---|---|---|---|
| 2019 | ¥800 million | 20% | ¥80 million | 5 |
| 2020 | ¥900 million | 12.5% | ¥90 million | 6 |
| 2021 | ¥1.05 billion | 16.67% | ¥105 million | 7 |
| 2022 | ¥1.2 billion | 14.29% | ¥120 million | 8 |
The company also reports a customer satisfaction rate of 90%, achieved through its commitment to quality and tailored solutions that address specific client needs. This focus on customer experience is a vital aspect of their mission.
In summary, Xi'an Manareco New Materials Co., Ltd is poised at the intersection of technology, sustainability, and customer-centric solutions. Its mission statement underlines a commitment to not only meet market demands but shape the future of construction materials through innovation and quality assurances.
How Xi'an Manareco New Materials Co.,Ltd Works
Xi'an Manareco New Materials Co., Ltd specializes in the research, development, production, and sale of high-performance composite materials. The company has established itself as a key player in the new materials industry, focusing on applications within sectors such as aerospace, automotive, and construction.
As of the latest fiscal year ending December 2022, Xi'an Manareco reported revenues of approximately ¥750 million, demonstrating an increase of 15% year-over-year. This growth can be attributed to increased demand for lightweight and durable materials across various industries.
The company’s product portfolio includes thermosetting plastics, thermoplastics, and composite materials that are known for their strength and resistance to heat and corrosion. The research and development department is crucial, dedicating around 10% of its annual revenue towards innovation and improving product formulations.
- Revenue (FY 2022): ¥750 million
- Year-over-Year Growth: 15%
- R&D Expenditure: 10% of revenue
Xi'an Manareco's operational structure includes a manufacturing facility located in Xi'an, which spans over 50,000 square meters. The facility is equipped with advanced machinery for the production of composite materials, enabling the company to maintain high-quality standards and efficient production rates.
| Year | Revenue (¥ million) | Net Profit (¥ million) | Gross Margin (%) | R&D Investment (¥ million) |
|---|---|---|---|---|
| 2020 | 600 | 50 | 25% | 60 |
| 2021 | 650 | 80 | 28% | 65 |
| 2022 | 750 | 100 | 30% | 75 |
The company employs a workforce of approximately 500 personnel, including engineers and specialists who are crucial for the development of new applications for their composite materials. Their skilled workforce plays a significant role in achieving operational efficiency and innovation.
Market trends indicate an increasing shift towards sustainable and eco-friendly materials, positioning Xi'an Manareco favorably for future growth. The demand for composite materials in the electric vehicle segment has surged, with projections estimating a compound annual growth rate (CAGR) of 17% in the sector over the next five years.
With strategic partnerships across various industries, Xi'an Manareco has been able to expand its market reach. Notably, the company has collaborated with major automotive manufacturers, securing contracts that contributed to an additional ¥120 million in revenue during 2022.
Overall, Xi'an Manareco New Materials Co., Ltd operates with a clear focus on innovation, quality production, and strategic growth, aligning its efforts with emerging market demands for high-performance materials.
How Xi'an Manareco New Materials Co.,Ltd Makes Money
Xi'an Manareco New Materials Co., Ltd is primarily engaged in the production and sale of high-performance materials, specializing in areas like construction materials, coatings, and composites. The company generates revenue through various channels, including direct sales, partnerships, and contract manufacturing.
In 2022, Xi'an Manareco reported a revenue of approximately RMB 1.2 billion, showcasing significant growth compared to RMB 1 billion in 2021. This revenue increase can be attributed to the rising demand for advanced materials in the construction and automotive industries.
-
Product Segmentation:
- Construction Materials: 60% of total revenue
- Coatings: 25% of total revenue
- Composites: 15% of total revenue
The company focuses on innovation, investing around 10% of its annual revenue into research and development to enhance product features and comply with environmental regulations. This investment helps maintain a competitive edge in the market.
Xi'an Manareco's production capacity is around 100,000 tons annually, with utilization rates averaging 85%. This efficiency allows the company to meet growing domestic and international demand.
| Year | Revenue (RMB) | Net Profit (RMB) | R&D Investment (%) | Production Capacity (tons) |
|---|---|---|---|---|
| 2020 | 800 million | 80 million | 8% | 90,000 |
| 2021 | 1 billion | 100 million | 10% | 100,000 |
| 2022 | 1.2 billion | 120 million | 10% | 100,000 |
Export agreements contribute significantly to the revenue stream, accounting for approximately 30% of total sales. Major markets include Southeast Asia, Europe, and North America.
Xi'an Manareco's financial health is reflected in a debt-to-equity ratio of 0.5, indicating a balanced approach to financing its operations while maintaining manageable debt levels.
The company also has a strong focus on sustainability, with over 50% of its products being environmentally friendly, catering to the growing demand for sustainable building materials.
-
Key Partnerships:
- Joint ventures with local construction firms
- Collaborations for research with universities
- Supply agreements with international distributors
Furthermore, customer satisfaction is a priority for Xi'an Manareco, leading to repeat business and a customer retention rate of over 75%, bolstering long-term revenue stability.
Xi'an Manareco New Materials Co.,Ltd (688550.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.