CREAT
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 2.4b | 2.2b | 2.3b | 2.2b | 2.0b |
| % growth | - | (10 %) | 7 % | (7 %) | (10 %) |
| EBITDA | 179m | 158m | 217m | 98.7m | 21.4m |
| % EBITDA margin | 7 % | 7 % | 9 % | 5 % | 1 % |
| Profit | 82.4m | 54.8m | 109m | 15.6m | (167m) |
| % profit margin | 3 % | 3 % | 5 % | 1 % | (9 %) |
| R&D budget | 100m | 94.1m | 87.7m | 95.1m | 82.2m |
| R&D % of revenue | 4 % | 4 % | 4 % | 4 % | 4 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
$4.0m | Series A | ||
| N/A | N/A | IPO | |
| Total Funding | €3.6m | ||
Related Content
Recent News about CREAT
EditCREAT, established in 1988, is a leading enterprise in the Chinese electrical industry, recognized for its innovative technology and safety solutions. The company specializes in providing a range of electrical products such as overhead fault indicators, automatic circuit reclosers, indoor switchgear, cable accessories, and oil-immersed distribution transformers. These products are designed to enhance the safety and efficiency of electrical systems at both provincial and municipal levels.
CREAT serves a diverse clientele that includes utility companies, industrial firms, and municipal authorities, primarily within the Chinese market. The company operates on a B2B (business-to-business) model, generating revenue through the sale of its advanced electrical products and systems. By focusing on innovation and quality, CREAT has earned numerous accolades, including the 2021 Industry Leading Enterprise award at the Fifth Boao Business Forum and the Golden Bridge Award for Outstanding Innovative Technology.
The company's business model revolves around continuous innovation and meeting the evolving needs of its clients. This approach not only ensures a steady stream of revenue but also positions CREAT as a benchmark for safety and efficiency in the electrical industry.
Keywords: Electrical solutions, fault indicators, circuit reclosers, transformers, safety systems, innovation, B2B, utility companies, industrial firms, municipal authorities.
