Magtech Intelligent Technology

Magtech is a new generation of information technology and long-distance wireless data transmission technology.

Launch date

2007

Employees

Market cap

Enterprise valuation

$708m (Public information from Sep 2024)

Shenzhen Guangdong (HQ)

http://meigsmart.com

https://www.linkedin.com/company/%E6%B7%B1%E5%9C%B3%E5%B8%82%E7%BE%8E%E6%A0%BC%E6%99%BA%E8%83%BD%E6%8A%80%E6%9C%AF%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Revenues, earnings & profits over time

CNY	2019	2020	2021	2022	2023	2025
Revenues	933m	1.1b	2.0b	2.3b	2.1b	23.8b
% growth	-	20 %	76 %	17 %	(7 %)	-
EBITDA	67.3m	63.1m	204m	218m	130m	-
% EBITDA margin	7 %	6 %	10 %	9 %	6 %	-
Profit	24.5m	27.4m	118m	128m	64.5m	-
% profit margin	3 %	2 %	6 %	6 %	3 %	-
R&D budget	85.2m	141m	169m	186m	214m	-
R&D % of revenue	9 %	13 %	9 %	8 %	10 %	-

Date	Investors	Amount	Round
Jun 2017	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.