Shareate Tools Ltd.
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Shareate Tools Ltd. - overview
Established
2005
Location
Suzhou, Jiangsu, China
Primary Industry
Mining
About
Established in 2005 and based in Suzhou, China, Shareate Tools Ltd. is a manufacturing service company that provides mining drilling tools mining services, and cemented carbide products. The R&D, production, and manufacturing bases have been set up in Suzhou and Wuhan. The company has won Jiangsu Provincial Enterprise Technology Center and Jiangsu Provincial High-efficiency Rock Drilling Tools Engineering Technology Research Center and acquired the API qualification certificate, ISO9001 quality system certification, etc.
In March 2020, Shareate Tools closed a pre-IPO funding and it was listed on the Shanghai Stock Exchange with stock code 688257 in October 2021. The company specializes in research, development, manufacture, and sales of cemented carbide products and mining rock drilling tools. The products include cemented carbide for oil drilling, cemented carbide for mining, matrix for diamond composite pieces, and so on, which are exported to more than 40 countries and regions, such as Japan, South Korea, the United States, and other places. The company generates revenue by providing cemented carbide products, mining rock drilling tools, and mining services.
Current Investors
SpringField Investment, Yonghua Capital, Suzhou International Development Venture Capital Holding
Primary Industry
Mining
Sub Industries
Steel & Metals, Metal Mining
Website
www.shareate.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Shareate Tools Ltd. - 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 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 363,158,600 | 310,721,300 | 255,172,746.4 | 303,057,069.2 | 522,878,868.7 | 626,746,323.9 | 694,026,671.9 | 729,760,352.7 | 894,420,735.6 | - | - | - |
| % Revenue Growth (YoY) | - | (14.4%) | (17.9%) | 18.8% | 72.5% | 19.9% | 10.7% | 5.1% | 22.6% | - | - | - |
| EBITDA (USD) | - | - | 38,786,387.7 | 48,790,405.5 | 83,401,447.2 | 120,097,017.7 | 130,657,300 | 169,101,000 | 195,016,180.6 | - | - | - |
| Operating Income (USD) | 31,065,400 | 21,801,200 | 29,636,834.8 | 37,750,031.1 | 69,657,070.6 | 105,035,706.6 | 111,586,882.9 | 153,444,593.2 | 176,964,628.2 | - | - | - |
| Operating Margin | 8.6% | 7.0% | 11.6% | 12.5% | 13.3% | 16.8% | 16.1% | 21.0% | 19.8% | - | - | - |
| % EBITDA Margin | - | - | 15.2% | 16.1% | 16.0% | 19.2% | 18.8% | 23.2% | 21.8% | - | - | - |
| NET Income (USD) | 26,102,700 | 20,764,400 | 26,928,390.7 | 36,321,294.5 | 52,984,373.6 | 83,929,396.4 | 90,900,680.5 | 124,843,484.7 | 150,265,822.5 | - | - | - |
| % Net Margin | 7.2% | 6.7% | 10.6% | 12.0% | 10.1% | 13.4% | 13.1% | 17.1% | 16.8% | - | - | - |
Shareate Tools Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | HL Group | - | ||||||||
| Add-on | Announced | Suzhou Hongrui Management Consulting Co., Ltd | - |
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