GAON CABLE CO.,LTD

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GAON CABLE CO.,LTD - overview

Established

1947

Location

Anyang-si, -, South Korea

Primary Industry

Power & Utilities

About

Based in South Korea, GAON CABLE CO. ,LTD specializes in manufacturing a diverse range of power and communication cables, catering to various industrial needs, including renewable energy and telecommunications sectors. GAON CABLE CO. ,LTD, founded in 1947 in Anyang, South Korea, focuses on producing power and communication cables.


The company has maintained a steady course without significant pivots in business strategy since its inception. Its founder has a history of contributing to the cable industry, although specific previous companies are not documented. GAON CABLE's operational base remains in Anyang, where it serves both domestic and international markets. Gaon Cable specializes in the production of a wide range of power and communication cables, addressing the needs of various industrial applications.


Their core offerings include ultra-high voltage cables designed for high-capacity power transmission, medium and low-voltage cables for supplying electricity to large industrial complexes and commercial buildings, and control cables. The company also manufactures environmentally friendly cables that feature enhanced fire-resistant properties. In the telecommunications sector, Gaon Cable supplies fiber optic cables, UTP cables, and shielding cables, crucial for constructing reliable and secure communications infrastructure. Their products cater to diverse markets, including renewable energy, where they provide solar DC cables and underwater cables, primarily targeting regions investing in solar and wind power systems, significantly enhancing energy efficiency and sustainability.


The company's revenue structure is built upon direct sales of its extensive array of cable products, which includes flagship items such as ultra-high voltage and medium voltage cables, along with specialized communication cables. Transactions typically occur through business-to-business (B2B) channels, where Gaon Cable sells directly to industrial clients, contractors, and utility companies involved in infrastructure projects. Clients may engage in bulk purchasing agreements to ensure a steady supply for ongoing projects, particularly in the renewable energy and telecommunications sectors. The pricing strategy is structured around volume discounts and contract terms that reflect the high-quality standards of their products, catering to the specific requirements of their varied clientele.


Gaon Cable emphasizes long-term partnerships with customers to foster reliability and stability in its revenue streams.


Primary Industry

Power & Utilities

Sub Industries

Power Generation Equipment & Services, Telecoms Equipment, Telecoms

Website

www.gaoncable.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

GAON CABLE CO.,LTD - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)857,415,249,0641,070,383,204,799---
% Revenue Growth (YoY)-24.8%---
EBITDA (USD)20,598,430,06624,641,075,059---
Operating Income (USD)12,650,885,27416,571,777,888---
Operating Margin1.5%1.5%---
% EBITDA Margin2.4%2.3%---
NET Income (USD)9,505,568,2625,854,428,912---
% Net Margin1.1%0.5%---

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