Voksel Electric
A foreign capital investment company.
- Finance
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | CNY186m Valuation: CNY433m 0.3x EV/Revenue 5.1x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| IDR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 19 % | (1 %) | (31 %) | (7 %) | 54 % | 16 % | (38 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 10 % | 13 % | 10 % | (5 %) | (2 %) | 6 % | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 4 % | 8 % | - | (12 %) | (7 %) | 1 % | (5 %) |
| 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 |
Source: Company filings or news article
Founded on April 19, 1971, PT Voksel Electric Tbk embarked on its journey in the cable industry, establishing itself as a key player in Indonesia's burgeoning infrastructure sector. The company was founded by a group of visionary entrepreneurs whose names have not been prominently documented in public sources. However, their legacy is evident in the company's enduring success and growth.
In 1989, Voksel Electric took a significant step by entering into a joint venture with Showa Electric Wire & Cable Co. Ltd., a move that transformed it into a foreign capital investment entity. This partnership marked a pivotal moment, allowing Voksel to leverage international expertise and expand its technological capabilities.
The following year, in 1990, Voksel Electric went public with an Initial Public Offering (IPO) on the Jakarta Stock Exchange. This milestone not only provided the company with the capital needed to expand its operations but also solidified its reputation as a reliable and innovative leader in the cable manufacturing industry.
Over the years, Voksel Electric has continued to evolve, focusing on the production of power, telecommunication, and fiber optic cables. Its commitment to quality and innovation has enabled it to serve both domestic and international markets effectively.
Today, Voksel Electric stands as a testament to the power of strategic partnerships and visionary leadership, playing a crucial role in powering Indonesia's infrastructure and contributing to the nation's economic growth.