Gotion High-tech Company Overview
- Year Founded
-
1995
- Status
-
Public
- Employees
-
22,939
- Stock Symbol
-
002074
- Investments
-
19
- Share Price
-
$2.85
- (As of Thursday Closing)
Gotion High-tech Company General Information
Description
Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 2% market share in 2023 in terms of installed capacity, and fifth in China with 4% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.
Contact Information
Website
www.gotion.com.cnCorporate Office
- No. 566 Garden Avenue
- Baohe District
- Hefei, 230012
- China
Corporate Office
- No. 566 Garden Avenue
- Baohe District
- Hefei, 230012
- China
Gotion High-tech Company Stock Performance
As of 16-Jan-2025, Gotion High-tech Company’s stock price is $2.85. Its current market cap is $5.14B with 1.8B shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $2.85 | $2.85 | $2.26 - $3.62 | $5.14B | 1.8B | 28.7M | $0.08 |
Gotion High-tech Company Financials Summary
As of 30-Sep-2024, Gotion High-tech Company has a trailing 12-month revenue of $4.88B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 9,680,475 | 7,506,473 | 8,000,910 | 14,433,879 |
| Revenue | 4,876,206 | 4,467,283 | 3,422,907 | 1,603,833 |
| EBITDA | 262,922 | 500,626 | 274,746 | 183,197 |
| Net Income | 147,511 | 132,684 | 46,265 | 15,762 |
| Total Assets | 14,716,333 | 13,203,263 | 10,526,773 | 6,842,267 |
| Total Debt | 6,361,650 | 5,685,216 | 3,725,199 | 1,820,185 |
Gotion High-tech Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Gotion High-tech Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Gotion High-tech Company Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Gotion High-tech Company Investments (19)
Gotion High-tech Company’s most recent deal was a Later Stage VC with InoBat (Electrical Equipment) for . The deal was made on 20-Dec-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| InoBat (Electrical Equipment) | 20-Dec-2024 | Later Stage VC | Electrical Equipment | ||
| Shenzhen Zhongji Automation | 07-Nov-2023 | Secondary Transaction - Private | Electrical Equipment | ||
| Tuhu | 26-Sep-2023 | IPO | Automotive | ||
| Gotion InoBat Batteries | 13-Sep-2023 | Joint Venture | Energy Storage | ||
| InoBat (Electrical Equipment) | 02-Sep-2023 | Early Stage VC | Electrical Equipment |
Gotion High-tech Company ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
28.7 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,104
Rank
Percentile
Electrical Equipment
Industry
of 301
Rank
Percentile
Electrical Equipment
Subindustry
of 301
Rank
Percentile
Gotion High-tech Company Exits (1)
Gotion High-tech Company’s most recent exit was on 21-Jun-2023 from Chenqi Technology. The exit was categorized as with 9 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Chenqi Technology | 21-Jun-2023 | Completed |
|
Gotion High-tech Company FAQs
-
When was Gotion High-tech Company founded?
Gotion High-tech Company was founded in 1995.
-
Where is Gotion High-tech Company headquartered?
Gotion High-tech Company is headquartered in Hefei, China.
-
What is the size of Gotion High-tech Company?
Gotion High-tech Company has 22,939 total employees.
-
What industry is Gotion High-tech Company in?
Gotion High-tech Company’s primary industry is Electrical Equipment.
-
Is Gotion High-tech Company a private or public company?
Gotion High-tech Company is a Public company.
-
What is Gotion High-tech Company’s stock symbol?
The ticker symbol for Gotion High-tech Company is 002074.
-
What is the current stock price of Gotion High-tech Company?
As of 16-Jan-2025 the stock price of Gotion High-tech Company is $2.85.
-
What is the current market cap of Gotion High-tech Company?
The current market capitalization of Gotion High-tech Company is $5.14B.
-
What is Gotion High-tech Company’s current revenue?
The trailing twelve month revenue for Gotion High-tech Company is $4.88B.
-
What is Gotion High-tech Company’s annual earnings per share (EPS)?
Gotion High-tech Company’s EPS for 12 months was $0.08.
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