New Focus Auto Tech Holdings Limited
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New Focus Auto Tech Holdings Limited - overview
Established
1994
Location
Shanghai, Shanghai, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
New Focus Auto Tech Holdings Limited develops innovative automotive technology solutions aimed at enhancing vehicle performance and safety through advanced driver assistance systems (ADAS) and related technologies. Founded in 1994 and headquartered in Shanghai, China, New Focus Auto Tech Holdings Limited focuses on automotive technology solutions. The company underwent a management buyout and achieved a PIPE funding round in which CDH Investments invested USD 97. 37 mn in June 2013.
Since its inception, it has engaged in 2 notable deals, with the most recent occurring on June 28, 2013. Notable for its strategic pivots, New Focus has positioned itself to address the evolving needs of the automotive sector. New Focus Auto Tech Holdings Limited specializes in automotive technology solutions designed to enhance vehicle performance and safety. Their core product offerings include advanced driver assistance systems (ADAS), which integrate sensors and software to provide features such as lane-keeping assistance and adaptive cruise control.
These products address the growing demand for safer driving experiences, primarily targeting automotive manufacturers and suppliers in the Asian and North American markets. By collaborating with major automotive firms, New Focus aims to improve vehicle functionality and reliability, catering to both large manufacturers and specialized automotive companies. The company invests in research and development to innovate new technologies that align with emerging market trends. In 2022, New Focus Auto Tech Holdings Limited reported a revenue of USD 88.
09 mn, alongside an EBITDA of USD -4. 92 mn for the same year. The company generates revenue through a structured B2B sales model, focusing on direct sales to automotive manufacturers and partnerships with various industry stakeholders. Their revenue stream is supported by ongoing maintenance agreements that enhance long-term value for both the company and its clients.
New Focus Auto Tech Holdings Limited is strategically focused on launching new products, including advanced ADAS technologies, to meet the increasing demand for safety features in vehicles. The company plans to expand its market reach into Europe and North America by the end of 2025. The recent investment of USD 97. 37 mn from CDH Investments will be utilized to support these initiatives, including ramping up R&D efforts and expanding the sales force to better penetrate these target markets.
Current Investors
CDH Investments
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.nfa360.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
New Focus Auto Tech Holdings Limited - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,493,140,000 | 1,397,885,000 | 1,414,616,000 | 1,397,498,000 | 1,254,191,000 | 1,292,665,000 | 1,267,928,000 | 1,792,548,000 | 1,750,632,000 | - | - | - |
| % Revenue Growth (YoY) | - | (6.4%) | 1.2% | (1.2%) | (10.3%) | 3.1% | (1.9%) | 41.4% | (2.3%) | - | - | - |
| EBITDA (USD) | 141,365,000 | (300,311,000) | (487,671,000) | 37,636,000 | (48,745,000) | (79,389,000) | (288,065,000) | 109,076,000 | (59,005,000) | - | - | - |
| Operating Income (USD) | 103,959,000 | (347,197,000) | (541,895,000) | (5,444,000) | (89,024,000) | (116,886,000) | (327,982,000) | 63,137,000 | (147,701,000) | - | - | - |
| Operating Margin | 7.0% | (24.8%) | (38.3%) | (0.4%) | (7.1%) | (9.0%) | (25.9%) | 3.5% | (8.4%) | - | - | - |
| % EBITDA Margin | 9.5% | (21.5%) | (34.5%) | 2.7% | (3.9%) | (6.1%) | (22.7%) | 6.1% | (3.4%) | - | - | - |
| NET Income (USD) | 60,515,000 | (357,860,000) | (516,850,000) | (35,801,000) | (103,947,000) | (148,318,000) | (369,970,000) | 53,805,000 | (209,213,000) | - | - | - |
| % Net Margin | 4.1% | (25.6%) | (36.5%) | (2.6%) | (8.3%) | (11.5%) | (29.2%) | 3.0% | (12.0%) | - | - | - |
New Focus Auto Tech Holdings Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE, Sale to Management | Completed | New Focus Auto Tech Holdings Limited | - | ||||||||
| PIPE | Completed | New Focus Auto Tech Holdings Limited | - |
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