Hengtong Group

Hengtong is a Chinese power and fiber optic cable manufacturer.

Launch date

1991

Employees

Market cap

Enterprise valuation

CAD3.3b (Public information from Apr 2024)

Suzhou Shi Jiangsu (HQ)

http://www.hengtonggroup.com/

https://www.linkedin.com/company/hengtong-optic-electric-co-ltd

Revenues, earnings & profits over time

USD	2017	2018	2019	2020	2021	2022	2023
Revenues	563m	822m	967m	770m	974m	724m	516m
% growth	-	46 %	18 %	(20 %)	27 %	(26 %)	(29 %)
EBITDA	27.9m	9.5m	12.7m	37.4m	25.7m	18.7m	24.8m
% EBITDA margin	5 %	1 %	1 %	5 %	3 %	3 %	5 %
Profit	8.5m	6.5m	<1m	16.9m	13.6m	14.3m	16.2m
% profit margin	2 %	1 %	-	2 %	1 %	2 %	3 %
EV / revenue	0.7x	0.3x	0.3x	0.9x	1.3x	1.7x	1.4x
EV / EBITDA	14.3x	30.0x	20.1x	19.0x	50.6x	64.4x	30.3x

Date	Investors	Amount	Round
Aug 2003	N/A	N/A	IPO
Aug 2022*	Zheyin Huizhi Capital Management	$1.5b	Private Placement non VC
Apr 2024*	BOCG Investment CCB Investments National Manufacturing Transformation and Upgrade Fund Hainan Zhongying Changshu Economic Development Fund	CNY1.0b Valuation: CNY17.5b 4.7x EV/LTM Revenues 97.0x EV/LTM EBITDA	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

Aberdare Cables (Pty)

ACQUISITION by Hengtong Group Dec 2015

Shenzhen Baolian Technology

Renshuo Solar Energy (Suzhou)

ACQUISITION by Hengtong Group Mar 2020