10.37
+5.17%
Close of 9 Nov 2026, in CNY
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About Guoguang Electric Co
Its shares trade on Shenzhen under the ticker 002045.SZ. It has been listed since 23 May 2005. In the fiscal year to 31 December 2024, it reported revenue of CN¥7.90bn and net income of CN¥253.0m. At that date it held total assets of CN¥9.48bn and shareholders' equity of CN¥4.28bn.
Guoguang Electric Co., Ltd. engages in the design, production, and sale of electro-acoustic and electronic products. The company is headquartered in Guangzhou, Guangdong. The company went IPO on 2005-05-23. The firm is mainly engaged in the manufacture and distribution of audio and electro acoustic products. The firm is also involved in lithium battery business and park development business. The Company’s main products include sound systems, speaker boxes, loudspeaker units, lithium batteries and electronic parts, among others. The firm distributes its products in domestic markets and to overseas markets, including Hong Kong, Europe, the United States and others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 23 May 2005
- Employees
- 4,377
- Website
- ggec.com.cn ↗
Leadership
Pay as last reported
- Mr. Hongda LuChairman of the Board, since 2024
- Mr. Weicheng HePresident, Director, since 2013CN¥765,200
- Mr. Yamin ZhengChief Financial Officer, Vice President, since 2024CN¥646,483
- Mr. Wentong HuangVice President
- Ms. Jing LiVice President
- Mr. Shouhua XieVice President
- Ms. Jie WangSecretary of the Board, Director, since 2024
- Mr. Zhibin JiIndependent Director
- Mr. Guangrong TanIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Guoguang Electric Co Ltd employs 4377 employees in Guangzhou, China.
- Guoguang Electric Co Ltd produces sound systems and speaker boxes for global markets.
- Guoguang Electric Co Ltd distributes lithium batteries and electronic parts worldwide.
Weaknesses
- Guoguang Electric Co Ltd has no presence in the Asian market beyond Hong Kong.
- Guoguang Electric Co Ltd lacks a strong brand presence in Europe and the United States.
- Guoguang Electric Co Ltd does not have a significant market share in the lithium battery sector.
Opportunities
- Guoguang Electric Co Ltd can expand its lithium battery business in the European market.
- Guoguang Electric Co Ltd can leverage its audio product distribution in the United States.
- Guoguang Electric Co Ltd can grow its park development business in Asia.
Threats
- Guoguang Electric Co Ltd faces competition from established brands in the United States market.
- Guoguang Electric Co Ltd must navigate complex regulations in the European market.
- Guoguang Electric Co Ltd is vulnerable to economic downturns in the United States market.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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