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Guoguang Electric Company Limited (China)

Main Activities: Audio and Video Equipment Manufacturing
Full name: Guoguang Electric Company Limited Profile Updated: November 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Guoguang Electric Company Limited is a joint venture stock private enterprise located in Guangzhou. The company specializes in the production of speakers for automotive, HIFI audio, professional audio, communication products, and computer products. They also manufacture various multimedia audio systems, HIFI audio systems, and home theater systems. Additionally, Guoguang Electric Company Limited produces polymer lithium batteries for mobile phones, laptops, and electric vehicles. The company has been a leader in the domestic electro-acoustic industry for many years and is recognized internationally as an ODM factory with technological and quality advantages that comply with international standards and modern management practices. Over 90% of their products are exported to the United States, Europe, and Asia. They have long-term multinational clients such as Philips, Sony, Motorola, and Harman, who are leaders in the international market and technology. Guoguang Electric Company Limited has been the top exporter in the speaker field in China for 11 consecutive years and their factory brand "GGEC" is gaining recognition in the international audio market.

Headquarters
No. 8, Jinghu Avenue, Xinya Street, Huadu District, Guangzhou City, Guangdong Province
Guangzhou; Guangdong; Postal Code: 510800

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Website: http://www.ggec.com.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:
December 25, 1993
Key Executives
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Director
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Independent Director
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Independent Director
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Representative of Securities Affairs
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President
Ownership Details
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11.11%
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9.48%
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2.54%
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1.86%
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1.6%
Subsidiaries
GGEC California LLC
100%
GGEC EUROPE LIMITED
100%
Guangdong Guoguang Electronics Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Guoguang Electric Company Limited 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
31.78%
Total operating revenue
28.95%
Operating profit (EBIT)
-22.48%
Net Profit (Loss) for the Period
-21.71%
Total assets
84.17%
Total equity
74.46%
Operating Profit Margin (ROS)
-2.96%
Net Profit Margin
-2.93%
Return on Equity (ROE)
-7.17%
Debt to Equity Ratio
23.49%
Quick Ratio
-0.11%
Cash Ratio
0.03%

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