Sunwoda Electronic
Leading manufacturer to provide li-ion battery modules of smart phone, mobile device, e-book, tablet.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | $440m | Post IPO Equity |
| Total Funding | 000k | ||
| CNY | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 26 % | 40 % | (8 %) | 17 % | 21 % | 14 % | 19 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 7 % | 6 % | 7 % | 8 % | 8 % | 9 % | 9 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 2 % | 2 % | 3 % | 3 % | 4 % | 4 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 6 % | 5 % | 6 % | 6 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Established in 1997 by brothers Wang Mingwang and Wang Wei, Sunwoda Electronic Co., Ltd. has grown from its base in Shenzhen to become a significant entity in the global lithium-ion battery sector. The company's journey includes a pivotal initial public offering on the Shenzhen Stock Exchange in 2011 and a subsequent listing of Global Depositary Receipts on the Swiss Stock Exchange in 2022, marking its expanding international footprint. Wang Wei, who holds an MBA from Tsinghua University, serves as the company's Chairman and General Manager, guiding its strategic direction.
Sunwoda's business is structured across five primary segments: consumer batteries, power batteries, energy storage systems, smart hardware, and industrial ecological innovation. The company generates revenue through the design, production, and sale of its diverse product portfolio. Its primary revenue source is the consumer batteries division, which supplies lithium-ion batteries for a wide range of electronics including smartphones, laptops, and other portable devices for major clients like Apple and Huawei. A substantial and growing portion of its business is dedicated to the power battery segment, providing batteries for electric vehicles to automakers such as Li Auto, Volkswagen, and Volvo. The company also develops energy storage systems for residential, commercial, and industrial use, alongside manufacturing smart hardware and providing industrial internet services.
The core of Sunwoda's offerings is its research and manufacturing of lithium-ion battery modules. For the consumer market, it delivers battery packs for mobile phones and digital products. In the automotive sector, its power battery unit develops comprehensive battery systems, including battery management systems (BMS), and has developed fast-charging technology to differentiate itself in a competitive market. The energy storage division provides solutions that cater to a global client base with projects in the United States, Europe, and Japan. Sunwoda operates numerous manufacturing bases in China and has expanded production internationally to countries including India, Vietnam, and Hungary to serve its worldwide customers.
Keywords: lithium-ion battery manufacturer, consumer electronics batteries, electric vehicle batteries, energy storage systems, battery management systems, power battery solutions, smart hardware, Wang Wei, Wang Mingwang, Shenzhen, public company, automotive battery supplier, mobile phone batteries, laptop batteries, new energy solutions, global manufacturing, fast-charging technology, industrial internet, smart home devices, sustainable energy
