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Flying Technology Co.,Ltd. (China)

Main Activities: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
Full name: Flying Technology Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Flying Technology Co., Ltd. (referred to as Flying Technology) is a company located in Wuxi, China. The company specializes in the design, development, and production of advanced and cost-effective elevator components using proprietary technology in frequency control, data communication, intelligent control, IoT software and hardware, and system integration. Flying Technology has become a well-known brand in the elevator accessories industry in China. Flying Technology is one of the earliest manufacturers in China to have independent intellectual property rights in frequency conversion door systems. It is also the leading supplier of door system products in terms of market share nationwide. The company initially gathered a team of senior experts in frequency conversion technology and elevator control, and developed the Flying VVVF frequency conversion door system series. With its lightweight and durable mechanical design, precise and reliable control technology, industry-leading frequency conversion drive, and excellent cost-effectiveness, Flying Technology successfully entered the door system market and gained recognition from major elevator manufacturers. Over the past twenty years, Flying Technology has continuously surpassed itself and introduced various domestically produced door system products, such as explosion-proof, waterproof, and arc door machines, breaking the monopoly of special door systems by foreign brands. With consistent outstanding quality and comprehensive after-sales service, the company has rapidly expanded its market share and has become a major supplier of door systems for well-known elevator manufacturers both domestically and internationally. While excelling in the field of door systems, Flying Technology has also invested a significant amount of manpower and resources in continuously updating and improving its product range. With the introduction of elevator accessories, car assemblies, and elevator control product series, Flying Technology has evolved from a single door system brand to a well-known brand that encompasses multiple product series, including door systems, elevator accessories, car assemblies, and elevator control. The company continues to create new milestones in its industry.

Headquarters
8 Feihong Road Nanchang District Wuxi Jiangsu
Wuxi; Jiangsu; Postal Code: 214024

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Website: http://www.wxflying.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 08, 2001
Key Executives
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Director
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Director
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General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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20%
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9.99%
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7.06%
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5.45%
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4.05%
Subsidiaries
Suzhou Yongchang Electromechanical Co., Ltd.
100%
Zhejiang Zhanpeng New Energy Technology Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-18.19%
Total operating revenue
-17.77%
Operating profit (EBIT)
-51.99%
EBITDA
-50.7%
Net Profit (Loss) for the Period
-49.04%
Total assets
1.5%
Total equity
3.74%
Operating Profit Margin (ROS)
-9%
Net Profit Margin
-6.67%
Return on Equity (ROE)
-0.8%
Quick Ratio
0.24%
Cash Ratio
-0.02%

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