Jingce Electronic
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Jingce Electronic - overview
Established
2006
Location
Wuhan, Hubei, China
Primary Industry
Industrial Machinery
About
Founded in 2006 and based in Wuhan, China, Jingce Electronic operates as an electronic technology company that focuses on providing testing equipment and testing system solutions. It was recognized as the National High-tech Enterprise. The company has branch offices in Shenzhen, Beijing, Suzhou, and Changzhou. Qian Peng, the company's founder, was formerly the executive director and manager of Guangzhou Huace Electronic Technology Co.
, Ltd. The company established a joint research center with Huazhong University of Science and Technology and Fudan University and participated in the construction of Jiangcheng Laboratory. In July 2012, Jingce Electronic closed a venture funding. In November 2016, Jingce Electronic was listed on the Shenzhen Stock Exchange.
The company is mainly engaged in the research and development, production, and sales of flat panel display test equipment. Its products include module inspection systems, panel inspection systems, OLED inspection systems, flat panel display automation equipment, etc. Products have been used in batches by companies such as BOE, Samsung, LG, Apple, etc. The company generates revenue by providing testing equipment and testing system solutions.
The company will use the IPO funding for the construction of the Wuhan FPD detection system production and R&D base project and to supplement working capital.
Current Investors
Billionhome, TVC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Hardware, Semiconductor Equipment & Testing, Analytics & Performance Software
Website
www.wuhanjingce.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Jingce Electronic - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 254,464,627.7 | 417,542,878.6 | 524,012,059 | 895,080,970.7 | 1,389,509,276.6 | 1,950,732,047.1 | 2,076,523,577.2 | - | - | - |
| % Revenue Growth (YoY) | - | 64.1% | 25.5% | 70.8% | 55.2% | 40.4% | 6.4% | - | - | - |
| EBITDA (USD) | 39,131,773 | 70,926,114 | 82,538,648 | 204,188,385 | 358,767,360 | 336,840,319 | 290,929,445 | - | - | - |
| Operating Income (USD) | 34,542,673.2 | 61,601,840.7 | 72,438,937 | 194,007,242.9 | 343,933,417.1 | 309,530,998 | 250,208,289.7 | - | - | - |
| Operating Margin | 13.6% | 14.8% | 13.8% | 21.7% | 24.8% | 15.9% | 12.0% | - | - | - |
| % EBITDA Margin | 15.4% | 17.0% | 15.8% | 22.8% | 25.8% | 17.3% | 14.0% | - | - | - |
| NET Income (USD) | 51,498,964.2 | 77,414,609.1 | 90,022,184.4 | 168,962,112.7 | 303,082,709.3 | 260,064,116.5 | 215,618,480 | - | - | - |
| % Net Margin | 20.2% | 18.5% | 17.2% | 18.9% | 21.8% | 13.3% | 10.4% | - | - | - |
Jingce Electronic - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Announced | XITC | - | ||||||||
| IPO | Completed | Jingce Electronic | - |
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