Longertek
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Longertek - overview
Established
2000
Location
Qingdao, Shandong, China
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Established in 2000 and based in Qingdao, China, Longertek operates as a heating and cooling equipment developer that focuses on the design and manufacture of energy-saving vehicle air conditioners. It has a branch in Laiwu. The company acquired certifications such as ISO22163, IATF16949, and DIN6701. It has obtanied 192 patents.
In June 2017, Longertek was listed on the New Third Board. In September 2017, it closed venture funding from new investor Suzhou International Development Venture Capital Holding. In June 2019, Longertek was listed on the Shenzhen Stock Exchange. The company mainly provides energy-saving vehicle air conditioning.
Products include rail transit vehicle air conditioning and related products, new energy vehicle air conditioning and intelligent thermal management products, variable frequency controllers, and air energy heat pump drying equipment. Rail air conditioning products include rail transit vehicle variable frequency air conditioning units, air conditioning control systems, and rail vehicle air conditioning DC power supply products. Longertek also provides digital energy intelligent environmental control products, such as data center air conditioning and power and energy storage temperature control products. The company generates revenue by providing energy-saving vehicle air conditioning.
Current Investors
Laiwu Venture Capital, GTJA Investment Group, Cowin Capital
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Transportation Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.longertek.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Longertek - financials
| Fiscal Year Ended | 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) | 302,315,065.4 | 411,970,357.5 | 473,640,660.7 | 524,039,799.6 | 581,418,011.6 | - | - | - |
| % Revenue Growth (YoY) | - | 36.3% | 15.0% | 10.6% | 10.9% | - | - | - |
| EBITDA (USD) | 61,541,600 | 82,596,700 | 99,681,500 | 97,282,149 | 104,720,145.7 | - | - | - |
| Operating Income (USD) | 49,987,022.7 | 68,077,462.3 | 84,405,768.4 | 87,194,068.9 | 92,448,494.9 | - | - | - |
| Operating Margin | 16.5% | 16.5% | 17.8% | 16.6% | 15.9% | - | - | - |
| % EBITDA Margin | 20.4% | 20.0% | 21.0% | 18.6% | 18.0% | - | - | - |
| NET Income (USD) | 43,546,845.6 | 62,019,959.5 | 76,125,724.1 | 81,584,111.4 | 86,726,157.3 | - | - | - |
| % Net Margin | 14.4% | 15.1% | 16.1% | 15.6% | 14.9% | - | - | - |
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