SLING
Launch date
Employees
Market cap
$528m
Enterprise valuation
$344m (Public information from Sep 2024)
Share price
CNY35.46 301550.SZ
Xinchang Zhejiang (HQ)
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 310m | 525m | 715m | 750m | 738m |
| % growth | - | 69 % | 36 % | 5 % | (2 %) |
| EBITDA | 54.4m | 133m | 166m | 161m | 204m |
| % EBITDA margin | 18 % | 25 % | 23 % | 21 % | 28 % |
| Profit | 24.9m | 41.7m | 90.7m | 123m | 150m |
| % profit margin | 8 % | 8 % | 13 % | 16 % | 20 % |
| R&D budget | 14.3m | 25.7m | 28.6m | 32.7m | 33.4m |
| R&D % of revenue | 5 % | 5 % | 4 % | 4 % | 5 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | CNY3.0m | Angel | |
| N/A | N/A | IPO | |
CNY13.7m | Post IPO Equity | ||
CNY10.9m | Post IPO Equity | ||
| Total Funding | $413k | ||