IAT Automobile Technology
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IAT Automobile Technology - overview
Established
2007
Location
Beijing, Beijing, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 2007 and based in Beijing, China, IAT Automobile Technology develops and provides automobile solutions to enterprises, involved in automotive design, development and engineering services. The company has set up 5 research and development centers in US, Japan, Italy, Shanghai, and Beijing. It also established 11 subsidiaries. The chairman of the board, Qiwu Xuan, worked at FAW Group.
In January 2017, IAT Automobile Technology raised CNY 250 million of funding from returning investor iangsu Yueda Asset Management. New investors Asia View Capital, Beijing Jirui Capital Management, China International Capital Corporation Private Equity, ChinaEquity Group, Chongqing Cultural and Creative Equity Investment Fund Management, Guangzhou Guanghua Fund Management, and IDG Capital also participated in the round. In March 2020, the company was listed on the Shenzhen Stock Exchange. The company is engaged in vehicle development, automotive assembly and component development, prototype production, and testing.
IAT also provides automotive product planning, styling design, engineering design of complete vehicles, engines, transmissions, components, CAE analysis, NVH optimization, development of new energy vehicles, development of electronic control technology, prototype test production, simultaneous engineering analysis, production of exhibition vehicles, evaluation of vehicle and component testing and consulting services. In 2022, the company's operating income was CNY 947. 14 million, and the net profit was CNY 65. 64 million.
Current Investors
Sequoia, GSR Ventures, New Enterprise Capital
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Engineering, Automobiles, Other Vehicles & Parts
Website
www.iat-auto.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
IAT Automobile Technology - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 262,795,791.9 | 314,594,947.8 | 349,117,955.1 | 386,946,967.7 | 540,627,270 | 794,607,784 | 885,410,404.1 | 817,977,479.9 | 1,272,277,551.9 | - | - | - |
| % Revenue Growth (YoY) | - | 19.7% | 11.0% | 10.8% | 39.7% | 47.0% | 11.4% | (7.6%) | 55.5% | - | - | - |
| EBITDA (USD) | 6,856,911.1 | 25,662,089.9 | (42,366,687.6) | (1,895,419.3) | 56,403,800 | 136,126,500 | 161,232,600 | 146,569,041.7 | 257,929,794.7 | - | - | - |
| Operating Income (USD) | 1,217,383.4 | 18,001,471.2 | (49,654,410.4) | (10,184,365.3) | 42,713,058.9 | 115,584,317.5 | 139,685,567.6 | 122,684,641 | 215,221,198.5 | - | - | - |
| Operating Margin | 0.5% | 5.7% | (14.2%) | (2.6%) | 7.9% | 14.5% | 15.8% | 15.0% | 16.9% | - | - | - |
| % EBITDA Margin | 2.6% | 8.2% | (12.1%) | (0.5%) | 10.4% | 17.1% | 18.2% | 17.9% | 20.3% | - | - | - |
| NET Income (USD) | 2,321,296.2 | 15,223,751.4 | (15,518,451.6) | 11,485,559.5 | 37,938,197 | 104,930,957.4 | 119,620,402.9 | 99,279,748.2 | 197,792,249.1 | - | - | - |
| % Net Margin | 0.9% | 4.8% | (4.4%) | 3.0% | 7.0% | 13.2% | 13.5% | 12.1% | 15.5% | - | - | - |
IAT Automobile Technology - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Venture | Completed | IAT Power | - |
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IAT Automobile Technology - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| 独立董事 | BM |
BM Board Member
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