Wasion

  • Customers4 KH1, 2021
  • Revenue¥4.6 BFY, 2021
  • Market Capitalization$2.5 B2022-08-02

OverviewSuggest Edit

Wasion (威胜集团欢迎您) is a supplier of energy measurement instruments. It provides electric energy, water, and gas meters, communication devices, energy storage, accessories, and other products. The company caters to traffic, real estate, institutions, electricity, and other sectors.
TypePublic
Founded2000
HQHong Kong, HKMap
Websitewasion.com

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Latest Updates

Employees (est.) (Jun 2021)3,289(+3%)
Revenue (FY, 2021)¥4.6 B(+17%)
Share Price (Aug 2022)$2.6(-4%)
Cybersecurity ratingAMore
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Key People/Management at Wasion

Ji Wei

Ji Wei

Executive Director, Chairman of Wasion Holdings, Founder
Cao Zhao Hui

Cao Zhao Hui

Executive Director, CEO and Chairman of Wasion Electric
Tian Zhongping

Tian Zhongping

Executive Director, President of Wasion Group
Zheng Xiao Ping

Zheng Xiao Ping

Executive Director, Chairman of Wasion Group
Li Hong

Li Hong

Executive Director
Choi Wai Lung Edward

Choi Wai Lung Edward

Chief Financial Officer, Company Secretary
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Wasion Office Locations

Wasion has offices in Hong Kong and Changsha
Hong Kong, HK (HQ)
Unit 2605 , 26/F West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan
Changsha, CN
468 Tongzipo W Rd, Yuelu Qu
Show all (2)

Wasion Financials and Metrics

Wasion Revenue

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View revenue for all periods
Wasion's revenue was reported to be ¥4.59 b in FY, 2021
CNY

Revenue (FY, 2021)

4.6b

Gross profit (FY, 2021)

1.7b

Gross profit margin (FY, 2021), %

37.1%

Net income (FY, 2021)

428.0m

EBITDA (FY, 2021)

662.4m

EBIT (FY, 2021)

559.6m

Market capitalization (2-Aug-2022)

2.5b

Closing stock price (2-Aug-2022)

2.6

Cash (31-Dec-2021)

2.6b

EV

4.0b
Wasion's current market capitalization is $2.5 b.
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

3.3b3.7b3.9b4.6b

Cost of goods sold

(2.3b)(2.4b)(2.6b)(3.0b)

Gross profit

1.1b1.3b1.4b1.7b

Gross profit Margin, %

33%35%36%37%
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

1.9b1.7b2.1b

Cost of goods sold

(1.3b)(1.1b)(1.3b)

Gross profit

656.9m633.4m771.9m

Gross profit Margin, %

34%38%37%
show all
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.4b1.8b2.6b2.6b

Accounts Receivable

2.7b3.2b3.6b3.7b

Prepaid Expenses

54.1m76.0m555.8m657.5m

Inventories

495.5m541.3m497.8m990.8m
Half Year
CNYH1, 2019H1, 2020H1, 2021

Cash

1.5b2.2b2.3b

Accounts Receivable

3.4b3.6b4.1b

Prepaid Expenses

34.6m481.9m

Inventories

520.9m611.6m740.8m
show all
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

359.5m414.6m395.9m472.7m

Depreciation and Amortization

152.1m185.3m197.8m203.2m

Inventories

(11.0m)(37.0m)52.9m(488.6m)

Accounts Payable

123.5m716.2m82.5m266.9m
Half Year
CNYH1, 2019H1, 2020H1, 2021
show all
CNYFY, 2018

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Wasion Operating Metrics

Wasion's Enterprise Customers was reported to be 4.5 k in H1, 2020. Wasion's Customers was reported to be 4 k in H1, 2021.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Countries

707070707070

Customers

4 k4 k

Enterprise Customers

4.5 k4.5 k4.5 k

Software Copyrights

1.05 k1.06 k1.1 k1.16 k1.2 k1.25 k

Wasion Acquisitions / Subsidiaries

Company NameDateDeal Size
Dowertech Electronic Instrument IndustryNovember 27, 2019
Zhuhai Zhonghui Microelectronics Co., LtdNovember 30, 2017
Gam Sheng Macao Commercial Offshore Limited
Hunan Switchgear Co. Ltd.
Hunan Weike Power Meters Company Limited
Hunan Weiming Technology Co., Ltd.
Wasion Electric Limited
Wasion Group Limited
Wasion Technology Shenzhen Company Limited

Wasion Revenue Breakdown

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Wasion revenue breakdown by business segment: 37.3% from ELECTRONICS METERS, 37.5% from ADVANCED METERING INFRASTRUCTURE and 25.2% from ADVANCED DISTRIBUTION OPERATIONS

Wasion revenue breakdown by geographic segment: 84.5% from CHINA (PEOPLES REPUBLIC), 6.9% from AFRICA and 8.6% from Other

Wasion Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Wasion Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Wasion Online and Social Media Presence

Wasion's Trends

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Wasion News and Updates

December 16, 2021

Global Smart Gas Meters Industry Analysis, 2021-2026 - Leading Players are Landis + GYR Group, Wasion Group, and Elster Group

Dublin, Dec. 16, 2021 (GLOBE NEWSWIRE) -- The "Global Smart Gas Meter Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021-2026)" report has been added to ResearchAndMarkets.com's offering.

 Wasion Frequently Asked Questions

  • When was Wasion founded?

    Wasion was founded in 2000.

  • Who are Wasion key executives?

    Wasion's key executives are Ji Wei, Cao Zhao Hui and Tian Zhongping.

  • How many employees does Wasion have?

    Wasion has 3,289 employees.

  • What is Wasion revenue?

    Latest Wasion annual revenue is ¥4.6 b.

  • What is Wasion revenue per employee?

    Latest Wasion revenue per employee is ¥1.4 m.

  • Who are Wasion competitors?

    Competitors of Wasion include Sanxing Electric, Itron and Sensus Metering Systems.

  • Where is Wasion headquarters?

    Wasion headquarters is located at Unit 2605 , 26/F West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan, Hong Kong.

  • Where are Wasion offices?

    Wasion has offices in Hong Kong and Changsha.

  • How many offices does Wasion have?

    Wasion has 2 offices.