CATARC Automotive Proving Ground Co.,Ltd

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CATARC Automotive Proving Ground Co.,Ltd - overview

Established

2011

Location

Yancheng, Jiangsu, China

Primary Industry

Automobiles, Other Vehicles & Parts

About

Based in Yancheng, China, and established in 2011, CATARC Automotive Proving Ground Co. ,Ltd operates as the third-party car proving ground. The company is a subsidiary company of China Automotive Technology and Research Center Co. , Ltd.


(CATARC), and Jiangsu Yueda Group and Dafeng Haigang Holding Limited are the cooperation investors. In March 2022, the company listed on Shenzhen Exchange Stock, under the number of 301215. The company provide road test and laboratory service, including regulation tests of whole vehicles, and auto parts, R&D, and export certification tests. As of March 2022, the company has test tracks over 60 kilometers.


Those test requirement can be applied to passenger cars, commercial vehicles, and new energy cars. The company also provides extended services regarding site activities, such as new product launches, media test-driving, driver development and autosports. The company plans to build intelligent connected vehicle proving ground project that will add the type of test and road test functions.


Current Investors

Jiangsu Yueda Jintai Fund Management

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Business Support Services, Automobiles, Other Vehicles & Parts

Website

www.capg.com.cn

Company Stage

Mature

Total Amount Raised

Subscriber access only

CATARC Automotive Proving Ground Co.,Ltd - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)335,438,000359,277,000293,362,442297,785,153.1---
% Revenue Growth (YoY)-7.1%(18.3%)1.5%---
EBITDA (USD)248,295,000257,312,000193,359,658.4195,506,383.3---
Operating Income (USD)180,756,000189,649,000134,565,520.5133,265,287.3---
Operating Margin53.9%52.8%45.9%44.8%---
% EBITDA Margin74.0%71.6%65.9%65.7%---
NET Income (USD)136,302,000143,155,000100,133,445.1103,167,001.9---
% Net Margin40.6%39.8%34.1%34.6%---
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