Beijing Suplet Power Co., Ltd

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Beijing Suplet Power Co., Ltd - overview

Established

1997

Location

Beijing, Beijing, China

Primary Industry

Power & Utilities

About

Beijing Suplet Power Co. , Ltd is a leading company in the smart technology sector, focusing on the development and manufacturing of innovative electronic products that enhance user connectivity and convenience. Founded in 1997, Beijing Suplet Power Co. , Ltd is engaged in the design and production of electronic devices.


The company has made strategic pivots to adapt to market trends but operates independently without any parent or subsidiary companies. The headquarters is located in Beijing, China. The company has successfully completed a total of 2 deals, with the most recent deal occurring on January 13, 2017, when it raised CNY 188. 65 million in an IPO, selling 28.


89 million shares at CNY 6. 53 per share on the Shenzhen Stock Exchange. Beijing Suplet Power Co. , Ltd specializes in advanced electronic products, particularly smart technology solutions.


Their product offerings include smart home devices, wearables, and IoT applications. These products are designed to meet consumer needs for energy efficiency, security, and health monitoring, ensuring seamless integration into everyday life. The company serves a diverse customer base, including tech-savvy consumers and enterprises looking to leverage smart technology across various sectors. Their products have a presence in key international markets such as North America, Europe, and parts of Asia.


In the most recent fiscal year of 2021, Beijing Suplet Power Co. , Ltd reported a revenue of CNY 229,048,398. 70 and an EBITDA of CNY 54,144,377. 90.


Revenue is primarily generated through direct-to-consumer sales and partnerships with retailers and distributors, with customers having the option to purchase individual items or bundles. Beijing Suplet Power Co. , Ltd plans to expand its product line with new smart technology devices expected to launch in upcoming quarters. The company is targeting growth in new geographic regions, particularly North America and Europe, by 2024.


The funding raised in the IPO will support these initiatives, enhancing product development and market expansion efforts.


Current Investors

Shenzhen Capital Real Estate Fund

Primary Industry

Power & Utilities

Sub Industries

Power Generation Equipment & Services, Electric Utilities

Website

www.suplet.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Beijing Suplet Power Co., Ltd - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)232,002,219291,471,923.6302,028,333348,647,283.3345,825,218.1475,054,076.5---
% Revenue Growth (YoY)-25.6%3.6%15.4%(0.8%)37.4%---
EBITDA (USD)30,640,30042,966,40050,143,00062,227,920.749,437,433.770,103,607.8---
Operating Income (USD)11,220,132.725,369,016.733,538,775.850,396,738.138,073,083.251,330,344.1---
Operating Margin4.8%8.7%11.1%14.5%11.0%10.8%---
% EBITDA Margin13.2%14.7%16.6%17.8%14.3%14.8%---
NET Income (USD)15,634,152.426,295,702.533,767,006.944,096,678.735,602,081.737,379,805.7---
% Net Margin6.7%9.0%11.2%12.6%10.3%7.9%---
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