Hengdian Group DMEGC Magnetics Co. ,Ltd
002056
Rank in Stocks
#3932
Hengdian Group DMEGC Magnetics Co., Ltd, founded in 1980 and headquartered in... Hengdian Group DMEGC Magnetics Co., Ltd, founded in 1980 and headquartered in Dongyang, China, operates as a global producer and vendor of magnetic materials. The company's core business involves the manufacturing and distribution of hard ferrite magnets and ferrite cores, with its market presence spanning China, the European Union, the United States, Japan, South America, Southeast Asia, and other international regions. Its comprehensive product line includes a variety of magnet types. For instance, its ferrite magnet offerings consist of ring, segment, microwave oven, square, and isotropic magnets. The ferrite core range features Mn-Zn ferrite power, Ni-Zn ferrite, Mn-Zn high permeability ferrite, iron powder, and magnetic powder cores. Additionally, the company provides NdFeB magnets, available as bonded square, segment, and ring configurations. Beyond magnets, DMEGC also supplies motor housing and assembly components, such as seamless steel tube cutting, rolling steel, and deep-drawn motor housings. It produces sintered powder for hard ferrite magnets and bonded powder for hard ferrite applications. The company is active in the renewable energy sector, offering solar cells and modules, and manufactures alkaline Zn-Mn dry batteries. Furthermore, its portfolio extends to purifying household appliances like water and air purifiers. It also produces an array of hard alloy products, including tungsten powder, carbonized tungsten powder, mold and anisotropic hard alloys, mining tools, as well as anvil and compound sheet products. The company is a key provider of cells for electric vehicles (EV/EB) and power tools, alongside complete battery packs for electric vehicles, smaller automotive systems, and power tool applications. In terms of advanced materials, DMEGC offers flexible copper clad laminates, encompassing polyimide FCCL and polyimide cladding. It also deals in rare earth materials, such as fluorescent-grade europium, terbium, dysprosium, lanthanum, praseodymium-neodymium, and other oxide compounds. Diversifying its business interests, Hengdian Group DMEGC Magnetics Co., Ltd invests in, develops, constructs, and manages solar grid-connected and building-integrated photovoltaic (BIPV) initiatives. The company also operates a hotel within the tourism sector and engages in various international trade activities. These products and services primarily serve the electronic appliance, automotive, and communication industries, among others.
Share Price
$2.58
Market Cap
$4.19B
Change (1 day)
3.39%
Change (1 year)
-10.07%
Country
CN
Trade Hengdian Group DMEGC Magnetics Co. ,Ltd (002056)
Category
Technology
Revenue for Hengdian Group DMEGC Magnetics Co. ,Ltd (002056)
Revenue in Jun 2026 TTM: $3.32B
According to Hengdian Group DMEGC Magnetics Co. ,Ltd latest financial reports the company's current revenue (TTM) is $3.32B. In 2023 the company made a revenue of $2.79B a decrease compared to the revenue in the year 2022 that was $2.82B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Hengdian Group DMEGC Magnetics Co. ,Ltd from 2003 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $3.32B | 30.74% |
| 2024 | $2.54B | -8.79% |
| 2023 | $2.79B | -1.14% |
| 2022 | $2.82B | 42.16% |
| 2021 | $1.98B | 59.86% |
| 2020 | $1.24B | 31.64% |
| 2019 | $942.60M | -0.07% |
| 2018 | $943.29M | -2.53% |
| 2017 | $967.82M | 42.65% |
| 2016 | $678.45M | 11.30% |
| 2015 | $609.55M | 2.91% |
| 2014 | $592.32M | 9.92% |
| 2013 | $538.84M | 15.46% |
| 2012 | $466.70M | -16.46% |
| 2011 | $558.66M | 22.89% |
| 2010 | $454.61M | 129.85% |
| 2009 | $197.78M | -15.13% |
| 2008 | $233.03M | 9.67% |
| 2007 | $212.49M | 29.57% |
| 2006 | $164.00M | 41.01% |
| 2005 | $116.30M | 11.68% |
| 2004 | $104.14M | 27.31% |
| 2003 | $81.80M | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| $466.82B | 13,943.71% |
US
|
|
| $335.56B | 9,994.92% |
KR
|
|
| - | - |
JP
|
|
| $8.19B | 146.29% |
JP
|
|
| - | - |
CN
|
