Shaanxi Datang Gas Safety Technology

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Shaanxi Datang Gas Safety Technology - overview

Established

2007

Location

Xi'an, Shanxi, China

Primary Industry

Oil & Gas

About

Founded in 2007 and based in Xi'an, China, Shaanxi Datang Gas Safety Technology operates as an oil and gas equipment manufacturing company that focuses on engineering and technical research for gas industries. It has more than 1,000 employees and 40,000 square meters of production and research sites. The company was recognized as the National High-tech Enterprise. It has branch offices in Beijing, Changchun, and other cities in China.


In February 2024, Shaanxi Datang Gas Safety Technology raise a strategic investment for CNY 60 million. Shaanxi Datang Gas Safety Technology's main business is the research, development, production, and sales of gas safety products. Its products include piped gas self-closing valves, LPG regulators, gas regulators, metal-covered hoses, and combustible gas detectors. Its piped gas self-closing valves are equipped with overpressure automatic shutdown, pipeline air tightness detection, and other functions.


Products have served piped gas, bottled gas, and rural coal gas users. In 2022, the company's revenue was CNY 509 million and its net income was CNY 51. 8 million.


Current Investors

Xi'an Finance Capital

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services, Hardware

Website

www.shanxidatang.cn

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Shaanxi Datang Gas Safety Technology - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)32,697,283.944,520,736.877,317,138.265,320,375.3121,648,537.6---
% Revenue Growth (YoY)-36.2%73.7%(15.5%)86.2%---
EBITDA (USD)11,378,83612,821,28821,526,72413,897,37828,667,232---
Operating Income (USD)8,657,806.69,345,627.817,287,4129,191,963.324,498,726.7---
Operating Margin26.5%21.0%22.4%14.1%20.1%---
% EBITDA Margin34.8%28.8%27.8%21.3%23.6%---
NET Income (USD)8,134,250.29,998,022.815,435,622.18,020,380.721,385,113.8---
% Net Margin24.9%22.5%20.0%12.3%17.6%---

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