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Hang Zhou Radical Energy-Saving Technology Co., Ltd. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Hang Zhou Radical Energy-Saving 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

Hang Zhou Radical Energy-Saving Technology Co., Ltd. is a comprehensive automotive bearing manufacturing company located in Hangzhou. Founded in 2002, the company specializes in research, design, and manufacturing, with years of experience in OE support and the aftermarket in the automotive parts industry. Their product range includes over 2,000 varieties, such as wheel bearings, wheel bearing units, tapered bearings, tensioners, clutch release bearings, and universal joints. With a total area of over 40,000 square meters, the company possesses advanced production equipment, a complete set of high-precision testing instruments, and testing equipment. They have established a technology center and a research and development center. Since 2002, the company has implemented quality and environmental management systems and has obtained certifications for IATF16949:2016 quality management system and GB/T24001-2016idtISO14001:2015 environmental management system. Over the past 18 years, Hang Zhou Radical Energy-Saving Technology Co., Ltd. has received recognition from society and has been honored with titles such as Zhejiang Province High-Tech Enterprise, Advanced Technology Enterprise for Foreign Investment in the Province, and National High-Tech Enterprise. On May 16, 2017, the company was officially listed on the ChiNext board of the Shenzhen Stock Exchange, with the stock name "Radical Energy-Saving" and stock code "300652". To meet the growing demand in the automotive market, the company's second factory, with a construction area of over 50,000 square meters, started full production in May 2019. The first phase of the third factory, covering an area of 350 acres, has also commenced construction in early 2020. These expansions will significantly increase the company's production capacity and expand its product range, further advancing it towards becoming a group-oriented enterprise. Hang Zhou Radical Energy-Saving Technology Co., Ltd. aims to provide customers with high-quality products and services through their rich experience, advanced technology, and strict management. They strive to become a world-class automotive bearing manufacturing company, known for their professional quality, exemplary creations, and contribution to the future.

Headquarters
89 Chunchao R. Qiaonan Block Xiaoshan Economic & Tech. Dev. Area Hangzhou Zhejiang
Hangzhou; Zhejiang; Postal Code: 311231

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Website: http://www.radical.cn

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:
November 20, 2002
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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Independent Director
Ownership Details
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28.95%
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7.72%
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6.43%
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5.15%
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5.15%
Subsidiaries
Hangzhou Daen Automobile Transmission System Co., Ltd.
100%
Hangzhou World Auto Parts Manufacturing Co., Ltd.
100%
Shanghai Bomingxun Import and Export 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
17.76%
Total operating revenue
18.38%
Operating profit (EBIT)
102.99%
EBITDA
85.04%
Net Profit (Loss) for the Period
95.97%
Total assets
14.77%
Total equity
7.35%
Operating Profit Margin (ROS)
10.58%
Net Profit Margin
8.71%
Return on Equity (ROE)
1.1%
Quick Ratio
-0.81%
Cash Ratio
-0.74%

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