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Sunshine Global Circuits Co.,Ltd. (China)

Main Activities: Bare Printed Circuit Board Manufacturing
Full name: Sunshine Global Circuits Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Sunshine Global Circuits Co., Ltd. is located in the Xinqiao Street Second Industrial Zone, Bao'an District, Shenzhen. The company was originally established as Shenzhen Mingyang Circuit Technology Co., Ltd. in July 2001. In January 2016, the company changed its status from a limited liability company to a joint-stock limited company and gradually established a modern corporate management system. On February 1, 2018, it was listed on the Shenzhen Stock Exchange's Growth Enterprise Market with the stock abbreviation "Sunshine Circuits" and stock code "300739". The company currently has a registered capital of 277.2 million yuan. As of December 31, 2019, the company's total assets were 1,803.35 million yuan, and it had a workforce of over 2,000 employees (including subsidiaries). The company has a history of development since its establishment in July 2001. It established Shenzhen Mingyang Circuit and after 10 years of development, set up a sales subsidiary in the United States in 2011. In 2012, it established the Mingyang production base in Germany, followed by the establishment of a sales subsidiary in Germany in 2013. In 2014, it established a wholly-owned subsidiary, Jiujiang Mingyang Circuit. In January 2016, the company changed its status from a limited liability company to a joint-stock limited company and gradually established a modern corporate management system. The main business of the company is the research, production, and sales of printed circuit boards (PCBs). It has the production capacity for the entire PCB process, covering various types such as HDI boards, multilayer boards, rigid-flex boards, thick copper boards, metal substrate boards, high-frequency boards, and flexible boards. These products are widely used in industrial control, medical electronics, automotive electronics, communication equipment, LED lighting, and other fields. The company's sales cover multiple countries and regions in Europe, America, and Southeast Asia. The company is committed to technological innovation and continuously expanding the application areas of its products, establishing and consolidating its advantageous position in the small batch board market. The company develops and produces different types of PCB products according to customer needs and achieves profitability through the sale of PCB products. The company adheres to the positioning of "multiple varieties, small batches, and high technology" and upholds the concept of "providing high-tech and high-reliability circuit boards and services for the sustainable development of electronic technology with the least resource consumption." In the future, the company will continue to strengthen basic research and product development, enhance product technological competitiveness, and increase the proportion of sales of medium and high-end PCB boards. It will also strengthen its efforts in expanding international markets and increasing the company's international market share. Additionally, the company will increase investment in advanced equipment and production lines to improve product production capacity, efficiency, and automation levels.

Headquarters
Bldg. B 32 Nanhuan R. Shangxing 2 Ind. Area Xinqiao Sub-District Bao'an Dist. Shenzhen Guangdong
Shenzhen; Guangdong; Postal Code: 518125

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Website: http://www.sunshinepcb.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:
July 31, 2001
Key Executives
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Director
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Director
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Deputy General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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54.85%
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4.18%
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2.69%
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1.11%
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1.08%
Subsidiaries
Jiujiang Mingyang Circuit Technology Co., Ltd.
100%
Ming Yang Circuit (Hong Kong) Co., Ltd.
100%
Shenzhen Mingyang Xinrui Semiconductor Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Sunshine Global Circuits Co.,Ltd. report is purchased.
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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
-12.7%
Total operating revenue
-13.12%
Operating profit (EBIT)
-63.77%
EBITDA
N/A
Net Profit (Loss) for the Period
-65.01%
Total assets
16.43%
Total equity
1.44%
Operating Profit Margin (ROS)
-3.36%
Net Profit Margin
-3.39%
Return on Equity (ROE)
-0.85%
Debt to Equity Ratio
22.9%
Quick Ratio
0.21%
Cash Ratio
-0.07%

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