13.64
+3.81%
Close of 9 Nov 2026, in CNY
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About Yantai Zhenghai Magnetic Material Co
Its shares trade on Shenzhen under the ticker 300224.SZ. It has been listed since 31 May 2011. In the fiscal year to 31 December 2025, it reported revenue of CN¥7.03bn and net income of CN¥307.4m. At that date it held total assets of CN¥9.43bn and shareholders' equity of CN¥5.14bn.
Yantai Zhenghai Magnetic Material Co., Ltd. engages in the manufacturing and marketing of neodymium-iron-boron permanent magnets and other magnetic assemblies. The company is headquartered in Yantai, Shandong. The company went IPO on 2011-05-31. The firm operates through two main segments. The Neodymium-ferrite-boron Permanent Magnet Materials segment is primarily engaged in the research, development, manufacture, distribution and services of neodymium-ferrite-boron permanent magnet materials, and its products include finished products, machine processed products and blanks. The New Energy Automobile Motor Drive Systems segment is engaged in the research, development, production and distribution of new energy automobile drive motors and its electronic control systems. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 31 May 2011
- Employees
- 2,148
- Website
- zhmag.com ↗
Leadership
Pay as last reported
- Mr. Qingkai WangChairman of the Board, since 2019CN¥2.5m
- Mr. Zhiqiang LiPresident, DirectorCN¥1.5m
- Mr. Jie QuanVice Chairman of the Board
- Ms. Bo GaoChief Financial Officer, Vice President, Secretary of the Board, DirectorCN¥997,000
- Mr. Xin JinVice President
- Mr. Wei LiVice President
- Mr. Bingqiang ShiVice President, since 2025CN¥809,100
- Mr. Xiaodong TianVice President
- Mr. Zhaopu XuVice President
- Mr. Ting NiDirector
- Ms. Yueli XuDirector
- Mr. Fuhai JinIndependent DirectorCN¥60,000
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
- Yantai Zhenghai Magnetic Material Co Ltd possesses several key strengths that contribute to its success in the industry: - Advanced manufacturing facilities and technologies that ensure high-quality production. - Strong research and development capabilities, enabling the company to innovate and stay ahead of market trends. - Established reputation for reliable and durable magnetic materials, gaining the trust of customers. - Wide range of product offerings, catering to diverse customer needs. - Well-trained and experienced workforce, ensuring efficient production processes.
Weaknesses
- Despite its strengths, Yantai Zhenghai Magnetic Material Co Ltd faces certain weaknesses that could hinder its performance: - Dependence on key suppliers for raw materials, making the company vulnerable to supply chain disruptions. - Limited global market presence, with a focus primarily on domestic customers. - Relatively low brand awareness compared to some competitors. - Limited diversification of revenue streams, relying heavily on magnetic materials.
Opportunities
- Several opportunities exist for Yantai Zhenghai Magnetic Material Co Ltd to further expand and strengthen its position: - Growing demand for magnetic materials in renewable energy sectors such as wind and solar power. - Increasing adoption of electric vehicles, which rely on magnets for various components. - Expanding into international markets to tap into wider customer base and increase revenue. - Investing in research and development to develop new and innovative magnetic materials. - Forming strategic partnerships with other companies in related industries for joint development or distribution agreements.
Threats
- Yantai Zhenghai Magnetic Material Co Ltd faces certain threats that could impact its operations and future growth: - Intense competition from both domestic and international manufacturers of magnetic materials. - Fluctuations in raw material prices, affecting production costs and profitability. - Economic downturns or recessions that could lead to reduced customer demand. - Changing government regulations and policies impacting the industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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