Zhejiang Science and Technology Investment Company
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Zhejiang Science and Technology Investment Company - overview
Established
1992
Location
Taizhou, Zhejiang, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 1992 and based in Taizhou, China, Zhejiang Science and Technology Investment Company operates as a manufacturer of vehicle seats. In 2015, the company was listed on the Shanghai Stock Exchange. Its stock code is 603085. In 2017, it acquired Acro Aircraft Seating Ltd.
In 2020, the company established the aluminum alloy and carbon fiber products division. In July 2024, Yunnan International Trust acquired 19. 86 million shares in Zhejiang Science and Technology Investment Company at CNY 8. 271 a piece for CNY 164.
22 million in a PIPE acquisition. The company's main products include construction machinery mounts, passenger car seats and aircraft seats, etc. It also provides seat frames, foam and trim. The company’s revenue is generated by providing seats.
Current Investors
Yunnan International Trust
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.china-tc.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Zhejiang Science and Technology Investment Company - financials
| Fiscal Year Ended | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 309,935,590.7 | 292,588,900.3 | 361,063,828.6 | 783,092,965.3 | 957,967,600.2 | 1,456,138,935.8 | 1,427,717,717.8 | - | - | - |
| % Revenue Growth (YoY) | - | (5.6%) | 23.4% | 116.9% | 22.3% | 52.0% | (2.0%) | - | - | - |
| EBITDA (USD) | 46,546,318.2 | 48,741,501.1 | 48,706,818.1 | 95,587,859.2 | 82,322,668.3 | (497,762,679) | 128,381,706 | - | - | - |
| Operating Income (USD) | 36,378,551.6 | 38,524,112.9 | 37,619,617.2 | 79,623,898.3 | 36,007,718.1 | (570,448,147.6) | 47,407,982.6 | - | - | - |
| Operating Margin | 11.7% | 13.2% | 10.4% | 10.2% | 3.8% | (39.2%) | 3.3% | - | - | - |
| % EBITDA Margin | 15.0% | 16.7% | 13.5% | 12.2% | 8.6% | (34.2%) | 9.0% | - | - | - |
| NET Income (USD) | 32,252,420.5 | 33,408,191.7 | 35,221,308.9 | 70,121,183.2 | 36,545,960 | (535,138,770.7) | 50,525,257.2 | - | - | - |
| % Net Margin | 10.4% | 11.4% | 9.8% | 9.0% | 3.8% | (36.8%) | 3.5% | - | - | - |
Zhejiang Science and Technology Investment Company - 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 | Zhejiang Science and Technology Investment Company | - |
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Zhejiang Science and Technology Investment Company - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| 独立董事 | BM |
BM Board Member
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