Shareate Tools Ltd.

Shanghai Stock Exchange 688257.SS

Shareate Tools Ltd. Revenue for the year ending December 31, 2023: USD 218.22 M

Shareate Tools Ltd. Revenue is USD 218.22 M for the year ending December 31, 2023, a 27.22% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Shareate Tools Ltd. Revenue for the year ending December 31, 2022 was USD 171.53 M, a 21.86% change year over year.
  • Shareate Tools Ltd. Revenue for the year ending December 31, 2021 was USD 140.76 M, a 25.91% change year over year.
  • Shareate Tools Ltd. Revenue for the year ending December 31, 2020 was USD 111.80 M, a 12.18% change year over year.
  • Shareate Tools Ltd. Revenue for the year ending December 31, 2019 was USD 99.66 M, a 7.07% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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SV Wall Street
Shanghai Stock Exchange: 688257.SS

Shareate Tools Ltd.

CEO Mr. Hehong Wu
IPO Date Oct. 27, 2021
Location China
Headquarters No.6 Weixi Road
Employees 1,540
Sector Energy
Industries
Description

Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.

StockViz Staff

January 30, 2025

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