Changhong Electric
Initiating since 1958, Changhong brand has around 60 years history and is the No.1 best selling of TV in Chinese market for last 17 years.
Launch date
Employees
Market cap
AUD4.6b
Enterprise valuation
AUD3.3b (Public information from Sep 2024)
Share price
CNY4.82 600839.SS
China (HQ)
Financials
Estimates*
| CNY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | - | - | 88.8b | 94.4b | 99.6b | 92.5b | 97.5b |
| % growth | - | - | - | 6 % | 5 % | (7 %) | 5 % |
| EBITDA | - | - | 2.9b | 2.8b | 3.2b | 4.2b | 4.9b |
| % EBITDA margin | - | - | 3 % | 3 % | 3 % | 5 % | 5 % |
| Profit | - | - | 60.6m | 45.4m | 285m | 468m | 688m |
| % profit margin | - | - | - | - | - | 1 % | 1 % |
| EV / revenue | - | - | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x |
| EV / EBITDA | - | - | 4.4x | 4.3x | 3.1x | 1.2x | 2.8x |
| R&D budget | - | - | 1.6b | 1.9b | 2.1b | 2.3b | 2.2b |
| R&D % of revenue | - | - | 2 % | 2 % | 2 % | 2 % | 2 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
| N/A | N/A | IPO | |
| N/A | $15.8m | Post IPO Equity | |
| Total Funding | - | ||
