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

A Brief History of Geovis Technology Co.,Ltd

Geovis Technology Co., Ltd., founded in 2001, specializes in geographic information systems (GIS) and location-based services. The company has established itself in the Asian market, particularly within China, where it has seen significant growth due to increasing demand for GIS technology.

By 2010, Geovis had expanded its product offerings to include a range of software solutions that cater to various industries, such as urban planning, transportation, and environmental management. This strategic expansion allowed the company to secure key partnerships with government agencies and private enterprises.

The company's revenue saw substantial growth as a result of these initiatives. In 2015, Geovis reported a revenue of approximately ¥200 million, a notable increase from ¥80 million in 2010. This upward trend continued, with the revenue reaching about ¥500 million by 2020.

In 2021, Geovis launched a new software platform that utilized artificial intelligence to enhance data analysis capabilities. This innovation positioned Geovis as a leader in the integration of AI with GIS technology. By the end of 2021, the company had achieved a market capitalization of approximately ¥2 billion.

The company continued to invest in research and development, allocating around 15% of its revenue toward R&D initiatives in 2022. This commitment to innovation resulted in several patents related to geographic data processing and visualization.

As of 2023, Geovis Technology Co., Ltd. is recognized as one of the top players in the GIS sector in China, holding a market share of approximately 25%. The firm continues to seek international expansion, targeting markets in Southeast Asia and Europe, leveraging its advanced technological capabilities and established reputation.

A Who Owns Geovis Technology Co.,Ltd

Geovis Technology Co., Ltd is a publicly traded company based in China that specializes in geographic information systems (GIS) and related technologies. As of the latest data available from Q3 2023, the ownership structure of the company is diverse, comprising institutional investors, retail investors, and company insiders.

As of the end of Q3 2023, Geovis Technology Co., Ltd reported a market capitalization of approximately ¥5.5 billion ($835 million). The stock has shown a varied trend over the past year, with a closing price of ¥35 on October 1, 2023, indicating an increase of 20% year-to-date.

In the most recent earnings report, Geovis reported total revenue of ¥1.2 billion (approximately $180 million) for the fiscal year ending August 2023. This represented a year-on-year growth of 15%. Net income for the same period was reported at ¥180 million (approximately $27 million), a net profit margin of 15%.

The company has seen increased institutional interest, with notable investors including China Life Asset Management and Ping An Asset Management. They have increased their stakes in the company by approximately 5% since the beginning of 2023. This uptick in institutional ownership signals confidence in Geovis's long-term growth potential within the GIS market.

Geovis Technology also announced plans to expand its product offerings and enhance its technological capabilities, which includes a projected investment of ¥500 million (around $75 million) in R&D over the next three years. This expansion aims to capture a larger share of the fast-growing global GIS market, projected to grow at a CAGR of 11% from 2023 to 2030.

The company is listed on the Shenzhen Stock Exchange under the ticker symbol 300103. As of the latest trading session on October 1, 2023, Geovis shares showed a price-to-earnings (P/E) ratio of 25, indicating a relatively high valuation compared to peers in the technology sector.

In summary, Geovis Technology Co., Ltd has a well-diversified ownership structure, with significant participation from institutional investors reflecting a positive outlook on the company's future growth trajectory and market position.

Geovis Technology Co.,Ltd Mission Statement

Geovis Technology Co., Ltd. is dedicated to providing advanced geospatial solutions that enhance decision-making processes in various sectors. The company aims to leverage innovative technologies to deliver high-quality data and insights, ultimately contributing to the sustainable development of smart cities and intelligent transportation systems.

The mission statement reflects a commitment to the following key objectives:

• Innovation: Develop cutting-edge geospatial technologies and applications.
• Quality: Ensure high standards in data accuracy and operational efficiency.
• Customer Focus: Tailor solutions to meet client-specific needs across industries.
• Sustainability: Promote environmentally responsible practices in all operations.
• Collaboration: Foster partnerships with stakeholders to enhance service delivery.

As of 2023, Geovis Technology has achieved significant milestones in financial growth and operational expansion:

Geovis Technology Co., Ltd. focuses on various sectors, including urban planning, transportation, and environmental management, aligning its mission with global trends towards smart technology adoption and sustainability.

The company has established a reputation for excellence in data science and geospatial analysis, providing tools and platforms that empower public and private organizations to make informed decisions driven by accurate geospatial data.

With an expanding international presence, Geovis Technology aims to further penetrate markets in Europe and North America, reflecting its strategic vision to lead in the geospatial technology domain.

As the landscape of geospatial technology evolves, Geovis Technology remains dedicated to its mission of driving innovation and delivering exceptional value to its clients and the broader community.

How Geovis Technology Co.,Ltd Works

Geovis Technology Co., Ltd operates within the field of geographic information systems (GIS) and satellite positioning technology. The company focuses on the integration of these technologies to provide comprehensive solutions for various industries, including urban planning, environmental monitoring, and transportation management.

The company’s revenue for the fiscal year ended in December 2022 was reported at approximately ¥1.5 billion, showing a year-on-year growth of 12%. Geovis has managed to adapt its offerings to cater to the increasing demand for smart city solutions and sustainable urban development.

Core Business Segments

• GIS Solutions: This segment includes software development for mapping and data analysis, which accounted for around 60% of total revenue in 2022.
• Satellite Positioning: Geovis provides GPS and GNSS technology products that contributed 30% to overall sales.
• Consulting Services: This segment, which involves the implementation of GIS systems and training, made up the remaining 10%.

Market Presence

Geovis Technology primarily operates in the Asia-Pacific region, with significant market shares in China, Japan, and South Korea. The company holds approximately 25% of the GIS market in China, driven by government contracts and partnerships.

Technological Innovations

Geovis places significant emphasis on R&D, investing about 10% of its annual revenue into new technology developments. Key innovations include:

• AI-Driven Analytics: Utilizing machine learning to enhance spatial data analysis.
• Cloud-Based Platforms: Offering GIS data services via the cloud for improved accessibility.
• IoT Integration: Development of integrated solutions for real-time data collection and monitoring.

Financial Performance Metrics

For the fiscal year 2022, Geovis Technology reported the following financial metrics:

The company's efficient operations and focus on innovation have contributed to a stable financial foundation, which is reflected in its profitability metrics and low debt levels. As a result, Geovis Technology Co., Ltd is positioned favorably for future growth amidst increasing demand for advanced geographical solutions.

How Geovis Technology Co.,Ltd Makes Money

Geovis Technology Co., Ltd generates revenue primarily through its offerings in geographic information system (GIS) technology, remote sensing, and spatial data services. The company leverages its expertise in big data analysis, providing integrated solutions to various industries, including urban planning, environmental management, and transportation.

In the fiscal year 2022, Geovis reported a revenue of ¥1.2 billion (approximately $180 million), marking a growth of 15% compared to the previous year. The company's revenue streams can be broken down as follows:

The GIS software segment is a significant contributor to its revenue. Geovis Technology's flagship product, Geovis GIS Suite, facilitates mapping, spatial analysis, and data visualization, supporting both governmental and private sectors. In 2022, this software segment alone experienced a 20% increase year-over-year, fueled by rising demand in smart city initiatives.

Consulting services offered by Geovis include tailored solutions for infrastructure development and resource management. In 2022, Geovis secured contracts with several municipal governments, leading to a surge in consulting revenue. Notably, the company achieved a 30% increase in projects executed, aligning with the global push towards sustainable urbanization.

The data analysis solutions encompass advanced big data technology. Geovis utilizes machine learning algorithms to generate actionable insights from spatial data. This segment has seen exponential growth, with a 40% increase in client acquisition, further driven by the growing need for data-driven decision-making in businesses and government bodies.

Geovis also benefits from strategic partnerships and collaborations with tech giants, which enhance its product offerings. These partnerships contribute to an additional revenue stream through joint solutions and shared technology development. The revenue from partnerships contributed approximately ¥150 million in 2022, representing about 12.5% of total revenue.

International expansion has also played a role in Geovis’s revenue growth. Markets in Southeast Asia and Europe have become increasingly receptive to GIS technologies, resulting in a revenue increase of 25% in these regions, particularly in Malaysia and Germany.

The company invests approximately 15% of its total revenue back into research and development, ensuring its technology remains competitive. In 2023, Geovis allocated ¥180 million for R&D, focusing on enhancing their AI capabilities and exploring new applications for their GIS technologies.

Overall, Geovis Technology Co., Ltd's business model relies on a diversified portfolio of revenue streams, robust growth in consulting and data solutions, and strategic partnerships which together create sustainable and scalable income. The company continues to adapt and innovate in response to market demands, positioning itself as a key player in the GIS sector.