Suzhou Recodeal Interconnect System Co., Ltd.

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Suzhou Recodeal Interconnect System Co., Ltd. - overview

Established

2006

Location

Suzhou, Jiangsu, China

Primary Industry

Electronics

About

Based in Suzhou, China and founded in 2006, Suzhou Recodeal Interconnection System Co,. Ltd. operates as an enterprise that develops, produces and sells connection systems, microwave components and other products. The company has more than 100 patented technology.


In 2019, Recodeal opened the internationalization strategy. In July 2021, the company raised RMB 406 million in an IPO. In 2021, research institute was established by the company. It provides new energy connection system, communication interconnection system solution, industrial system solutions, vehicle communication connection system, BUSBAR copper bar system and cable assembly and wiring harness.


The products are used in data communication, new energy vehicles, industrial control, medical equipment, rail transportation and other fields. The company's main industrial chain includes mold design and manufacturing, precision stamping, injection molding, mechanical processing, etc.


Current Investors

Yingke Private Equity, Asia View Capital, CAS Investment Management

Primary Industry

Electronics

Sub Industries

Automobiles, Other Vehicles & Parts, Electronic Components & Semiconductor Wholesalers, Electronic Components

Website

www.recodeal.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Suzhou Recodeal Interconnect System Co., Ltd. - timeline of key events

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Suzhou Recodeal Interconnect System Co., Ltd. - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)449,972,669.7508,376,496.7610,388,000901,724,0001,625,142,065.2---
% Revenue Growth (YoY)-13.0%20.1%47.7%80.2%---
EBITDA (USD)65,075,80072,522,900111,701,000152,636,000315,680,604.5---
Operating Income (USD)39,057,743.744,001,000.883,545,000126,724,000282,208,169.7---
Operating Margin8.7%8.7%13.7%14.1%17.4%---
% EBITDA Margin14.5%14.3%18.3%16.9%19.4%---
NET Income (USD)36,354,102.739,532,958.572,522,000113,791,000253,175,335.2---
% Net Margin8.1%7.8%11.9%12.6%15.6%---

Suzhou Recodeal Interconnect System Co., Ltd. - employee data

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