Farasis Energy
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Farasis Energy - overview
Established
2009
Location
Ganzhou, Jiangxi, China
Primary Industry
Power & Utilities
About
Established in 2009 and based in Ganzhou, China, Farasis Energy (Gan Zhou) Co. , Ltd. , trading as Farasis Energy or Farasis China, is a technology company that focuses on the production of soft pack power and energy storage batteries. In 2016, the company entered the new energy vehicle market and delivered power battery systems to domestic vehicle manufacturers on a large scale.
In 2020, it was listed on the Shanghai Stock Exchange. Its stock code is 688567. The company's main products are soft pack lithium ion batteries. Soft pack lithium ion batteries are used in transportation, energy storage, equipment, energy Internet of Things and other fields.
Farasis China also provides power and energy storage battery solutions.
Current Investors
China Venture Capital, China Industrial Bank, Guoxin Guoxin Dongwu Oversea Fund
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services, Energy Storage & Batteries
Website
www.farasis.com
Verticals
Clean Technology, Electric & Hybrid Vehicles, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Farasis Energy - financials
| Fiscal Year Ended | 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) | 1,338,613,800 | 2,275,652,400 | 2,449,628,725.5 | 911,284,627.9 | 3,500,076,221.9 | - | - | - |
| % Revenue Growth (YoY) | - | 70.0% | 7.6% | (62.8%) | 284.1% | - | - | - |
| EBITDA (USD) | 51,419,000 | (39,803,300) | 260,203,205 | (222,906,718.4) | (757,289,938.1) | - | - | - |
| Operating Income (USD) | 19,301,500 | (109,236,200) | 138,165,604 | (437,939,292.3) | (1,119,981,560.3) | - | - | - |
| Operating Margin | 1.4% | (4.8%) | 5.6% | (48.1%) | (32.0%) | - | - | - |
| % EBITDA Margin | 3.8% | (1.7%) | 10.6% | (24.5%) | (21.6%) | - | - | - |
| NET Income (USD) | 18,261,300 | (78,214,800) | 131,227,665.5 | (331,004,259.3) | (952,747,942.1) | - | - | - |
| % Net Margin | 1.4% | (3.4%) | 5.4% | (36.3%) | (27.2%) | - | - | - |
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