Anhui Higasket Plastics Co., Ltd.
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Anhui Higasket Plastics Co., Ltd. - overview
Established
1999
Location
Hefei, Anhui, China
Primary Industry
Industrial Machinery
About
Based in Anhui, China and established in 1999, Higasket operates as a company that engages in the research and development of refrigerator magnetic door seal. In 2016, the company changed its name from HIGASKET Plastics Group Co. ,Ltd. to Anhui Higasket Plastics Co.
, Ltd. In 2022, the company was listed on the Shanghai Stock Exchange. Its stock code is 603150. The company focuses on the development of refrigerator magnetic door seal.
Magnetic door seals include two-color door seals, PVC magnetic door seals and TPV door seals, etc. The company has reached cooperation with companies such as Te, Hisense, Meiling and Gree.
Current Investors
Govtor, Future Value Capital, Kaiyuan Jintong Investment Management
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Rubber & Plastics, Advanced Materials
Website
www.higasket.com/
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Anhui Higasket Plastics Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 790,232,000 | 967,493,000 | 1,215,448,000 | 1,477,453,000 | - | - | - |
| % Revenue Growth (YoY) | - | 22.4% | 25.6% | 21.6% | - | - | - |
| EBITDA (USD) | 114,524,000 | 157,659,000 | 206,765,000 | 200,133,000 | - | - | - |
| Operating Income (USD) | 70,470,000 | 107,233,000 | 153,404,000 | 157,581,000 | - | - | - |
| Operating Margin | 8.9% | 11.1% | 12.6% | 10.7% | - | - | - |
| % EBITDA Margin | 14.5% | 16.3% | 17.0% | 13.5% | - | - | - |
| NET Income (USD) | 65,443,000 | 91,893,000 | 132,941,000 | 139,700,000 | - | - | - |
| % Net Margin | 8.3% | 9.5% | 10.9% | 9.5% | - | - | - |
Anhui Higasket Plastics Co., Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Tianen Electronics | - |
Displaying 1 - 1 of 1
Anhui Higasket Plastics Co., Ltd. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| 董事长 | BM |
BM Board Member
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