North Electro-Optic
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North Electro-Optic - overview
Established
2000
Location
Xi'an, Shaanxi, China
Primary Industry
Defence
About
Established in 2000 and based in Xi'an, China, North Electro0-Optic Co. , Ltd. is a company that develops and produces optoelectronic weaponry systems and materials. The company is subordinate to China National Weapons Industry Corporation (CNWIC), formerly known as Xi'an North Optoelectronics Co.
Headquartered in Xi'an, Shaanxi Province, the company has five subsidiaries, and has a national defense science and technology industry recognized enterprise technology center, postdoctoral research station and other branches. The company has more than 2,700 employees and was listed on the Shanghai Stock Exchange in August 2010. In December 2023, it closed a PIPE round of funding. The company focuses on the R&D and manufacturing of optoelectronics, including optoelectronic weapons and equipment systems.
Products include multi-purpose missile launch vehicles, armored early warning vehicles, television seekers, etc. At the same time, the company also has turning and milling processing centers, optical coating centers, optical coating center cold processing production lines, and supporting environmental simulation and reliability test centers. In 2022, the company's operating profit and net income was CNY 73. 74 million and CNY 71.
08 million, respectively.
Current Investors
North Industries Group Investment Management, North Electro-optics Group Co., Ltd.
Primary Industry
Defence
Sub Industries
Defence, Advanced Materials
Website
www.northeo.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
North Electro-Optic - financials
| Fiscal Year Ended | 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) | 1,742,910,671.4 | 1,836,044,908 | 2,746,908,761.1 | 2,211,423,148.2 | 1,886,034,907.2 | 2,422,314,540.1 | 2,331,710,146 | - | - | - |
| % Revenue Growth (YoY) | - | 5.3% | 49.6% | (19.5%) | (14.7%) | 28.4% | (3.7%) | - | - | - |
| EBITDA (USD) | 14,430,897.1 | 111,063,749.1 | 99,245,644 | 80,129,004.2 | 95,750,833.1 | 124,535,109.1 | 119,138,226.2 | - | - | - |
| Operating Income (USD) | (31,244,496.5) | 64,566,045.1 | 48,888,170 | 27,830,010.2 | 43,132,731.3 | 60,006,925.7 | 60,670,498.9 | - | - | - |
| Operating Margin | (1.8%) | 3.5% | 1.8% | 1.3% | 2.3% | 2.5% | 2.6% | - | - | - |
| % EBITDA Margin | 0.8% | 6.0% | 3.6% | 3.6% | 5.1% | 5.1% | 5.1% | - | - | - |
| NET Income (USD) | (167,398,286.5) | 62,052,996.1 | 48,018,387.7 | 30,519,242.6 | 44,366,036.7 | 60,010,815.2 | 61,948,148.7 | - | - | - |
| % Net Margin | (9.6%) | 3.4% | 1.7% | 1.4% | 2.4% | 2.5% | 2.7% | - | - | - |
North Electro-Optic - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, PIPE | Completed | North Electro-Optic | - |
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