Bafang Electric (Suzhou) Co.,Ltd.

Shanghai Stock Exchange 603489.SS

Bafang Electric (Suzhou) Co.,Ltd. Gross Profit for the year ending December 31, 2023: USD 62.00 M

Bafang Electric (Suzhou) Co.,Ltd. Gross Profit is USD 62.00 M for the year ending December 31, 2023, a -51.92% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Bafang Electric (Suzhou) Co.,Ltd. Gross Profit for the year ending December 31, 2022 was USD 128.94 M, a -9.66% change year over year.
Bafang Electric (Suzhou) Co.,Ltd. Gross Profit for the year ending December 31, 2021 was USD 142.73 M, a 54.10% change year over year.
Bafang Electric (Suzhou) Co.,Ltd. Gross Profit for the year ending December 31, 2020 was USD 92.62 M, a 26.07% change year over year.
Bafang Electric (Suzhou) Co.,Ltd. Gross Profit for the year ending December 31, 2019 was USD 73.47 M, a 35.98% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Shanghai Stock Exchange: 603489.SS

Bafang Electric (Suzhou) Co.,Ltd.

CEO	Mr. Qinghua Wang
IPO Date	Nov. 11, 2019
Location	China
Headquarters	No.9 Heshun Road
Employees	1,084
Sector	Consumer Discretionary
Industries Electric Vehicles (EVs) Automobiles & Vehicles Automotive Parts Autonomous Driving Composite Materials Hardware & Electronics Leisure Motorcycles

Description

Bafang Electric (Suzhou) Co., Ltd. manufactures e-mobility components and systems for e-bikes and electric scooters in Europe, China, and the United States. It offers mid, front, rear, BBS, e-kickboard, and e-tricycle drive systems; front, mid, rear, and complete wheel motors; LED and LCD human-machine interface products; carrier and frame downtube batteries, as well as chargers and Bluetooth; speed detection and pedal sensor products; sine and square wave controllers; and bus, light, power, and motor extension cables. The company also provides various accessories, such as bash guards, carriers, throttles, e-brakes, chain wheels, cranks, fixation parts, handle lock nuts, chain cases, and motor covers. Bafang Electric (Suzhou) Co., Ltd. was founded in 2003 and is headquartered in Suzhou, China.

Key trends

Past 5 years