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Guangdong Transtek Medical Electronics Co.,Ltd (China)

Main Activities: Electromedical and Electrotherapeutic Apparatus Manufacturing
Full name: Guangdong Transtek Medical Electronics Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Guangdong Transtek Medical Electronics Co., Ltd, located in Zhongshan, is a company that was established in 2002. They specialize in smart health technology and focus on two main areas: "smart wearables" and "mobile healthcare." Their product range includes wearable sports bracelets (watches), electronic health scales, fat measurement devices, and electronic blood pressure monitors. They also provide software and integrated solutions for areas such as sports and weight management and chronic disease management. In 2014, Guangdong Transtek Medical Electronics Co., Ltd formed a strategic partnership with WeChat and became one of the first smart hardware brands to integrate with WeChat. In 2015, they achieved significant sales success, with a total of 10.8 million units sold, including 3.83 million smart hardware devices. They became the second-largest wearable device brand in China, after Xiaomi, surpassing Apple. They have also made progress in the internet field, launching the "Transtek Cloud" smart health cloud platform and mobile internet products such as "Transtek Sports" and "Transtek Health." These products help millions of users collect, store, and analyze their sports and health data, providing customized services such as exercise plans and health management. They have also expanded into healthcare management, using smart hardware to monitor users' blood pressure, blood sugar, sleep, and exercise data in real-time, assisting doctors in managing and diagnosing chronic disease patients online. They have partnered with well-known medical institutions, such as Shenzhen Luohu Hospital Group, to establish an innovative base for smart community chronic disease management, bringing mobile healthcare to thousands of households. Guangdong Transtek Medical Electronics Co., Ltd has received several awards and recognition for their products, including the German iF Industrial Design Award and the "Annual China Health and Medical Market Technology Innovation Award" from Frost & Sullivan. They have also been recognized as an excellent partner by WeChat. In terms of market performance, they have achieved significant growth in the wearable device market in China, with a market share of 10.1% in the fourth quarter of 2015. They have also made their mark globally, ranking fifth in global wearable device shipments in the second quarter of 2016, according to IDC. On November 16, 2016, Guangdong Transtek Medical Electronics Co., Ltd was officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market (stock code: 300562), marking a new milestone in the development of their wearable device business.

Headquarters
Zone A 5F Investment Bldg 12 Huizhan East Road Huoju Dev. Zone Zhongshan Guangdong
Zhongshan; Guangdong; Postal Code: 528437

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Website: http://www.lifesense.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 18, 2002
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Deputy General Manager
Ownership Details
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33.23%
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1.08%
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0.92%
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0.89%
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0.71%
Subsidiaries
Early Bird Technology (Shenzhen) Co., Ltd.
Guangdong Lezhong Health Technology Co., Ltd.
Hong Kong Chuangyuan Co., Ltd.
Company Performance
Financial values in the chart are available after Guangdong Transtek Medical Electronics Co.,Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
56.59%
Total operating revenue
56.88%
Operating profit (EBIT)
-68.84%
Net Profit (Loss) for the Period
79.97%
Total assets
7.4%
Total equity
0.77%
Operating Profit Margin (ROS)
-1.94%
Net Profit Margin
0.33%
Return on Equity (ROE)
0.65%
Debt to Equity Ratio
18.61%
Quick Ratio
-0.18%
Cash Ratio
-0.17%

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