Glodon Company Limited (002410.SZ) Bundle
As China's first A‑share listed construction IT pioneer (002410.SZ) with nearly 30 years of industry focus, Glodon stands at the crossroads of mission and market impact-its stated mission to leverage technology for a better living and working environment drives a 2017-2025 nine‑year strategic plan that powers digitalization across the building lifecycle; by 2024 the company had built a global footprint with 8 R&D centers, more than 80 subsidiaries, a sales and service network spanning over 100 countries and regions and serving 390,000 corporate clients, while its vision-to make every project a success and every builder accomplished-targets tangible improvements in scheduling, cost control, quality, safety and environmental protection, and its core values of Customer Success, Win‑Win, Integrity, One Glodon, Keep Learning and Day One underpin continuous innovation and the ESG‑oriented, high‑quality development recognized at the 2024 CIFTIS Benchmark Enterprise awards, inviting you to explore how these pillars translate into solutions for regulators, developers, designers, contractors and beyond
Glodon Company Limited (002410.SZ) - Intro
Glodon Company Limited (002410.SZ), established in 1998, is China's first A-share listed enterprise dedicated to information technology for construction engineering. As a digital building platform service provider, Glodon delivers end-to-end digitalization across the building lifecycle - from design, estimation and BIM to construction management, operations and value-added services such as industry big data and supply chain finance.- Established: 1998 (nearly three decades)
- Listing: A-share (first in China focused on construction IT)
- R&D footprint: 8 major R&D centers (by 2024)
- Subsidiaries: Over 80 worldwide
- Sales & service reach: >100 countries and regions
- Corporate clients served: ~390,000
- Leverage technology to create a better living and working environment through construction industry digitalization.
- Enable all stakeholders to improve productivity, quality, safety and sustainability via integrated digital solutions.
- Become the world's leading digital infrastructure and service platform for the construction and built-environment ecosystem.
- Drive high-quality, low-carbon urban development by connecting data, processes and capital across the industry value chain.
- Customer-centricity: prioritize measurable value for developers, contractors, designers and facility operators.
- Innovation-first: continuous investment in R&D to lead product and platform evolution.
- Integrity & compliance: governance and transparency aligned with A-share public company standards.
- Collaboration: open ecosystem partnerships with manufacturers, finance, regulators and academia.
- Sustainability: embed ESG principles to reduce carbon, enhance safety and support community wellbeing.
- Primary solutions: BIM-based estimating, cost management, construction site management, operations & maintenance digital platforms.
- Value-added services: industry big data analytics, supply chain finance, digital twin and smart construction modules.
- Stakeholders served: regulators, developers, designers, consultants, general contractors, specialty contractors, equipment and materials manufacturers; cross-sector clients in city operation, finance and education.
| Metric | Data / Year |
|---|---|
| Founding year | 1998 |
| R&D centers | 8 (2024) |
| Subsidiaries | >80 (2024) |
| Sales & service network | >100 countries and regions |
| Corporate clients served | ≈390,000 |
| Annual revenue (illustrative) | RMB 2.9 billion (FY2023) |
| Net profit (illustrative) | RMB 120 million (FY2023) |
| R&D investment intensity | ~15% of revenue reinvested in R&D (multi-year average) |
- Core investments in cloud-native platforms, BIM interoperability, AI-assisted estimating and construction-site intelligence.
- Cross-disciplinary R&D centers accelerating productization of digital twins, predictive analytics and finance-tech integrations for supply chains.
- Commitment to reduce embodied and operational carbon through digital design optimization and construction efficiency tools.
- Industry-wide safety improvements via digital monitoring and on-site risk-control systems.
- Governance: public-company disclosure, compliance with environmental and social standards, and emphasis on long-term stakeholder returns.
| Stakeholder | Primary Value Delivered | Representative KPI |
|---|---|---|
| Developers | Faster delivery, cost control | Cost variance reduction (%) |
| Contractors | Productivity, safety | Labor productivity uplift; incident rate reduction |
| Designers & consultants | Design-to-build digital continuity | Rework reduction (%) |
| Finance & suppliers | Supply chain transparency, financing access | Invoice financing throughput, days payable/receivable |
| City operators & owners | Operational efficiency, lifecycle cost savings | OPEX reduction; asset uptime (%) |
Glodon Company Limited (002410.SZ) - Overview
Mission
Glodon's mission is to leverage technology to create a better living and working environment, focusing on the digitalization of the construction industry. This mission reflects the company's commitment to transforming the construction industry through technological advancements, aiming to improve efficiency and sustainability in construction projects.
- Technology-first: integrate cloud, BIM, AI, and mobile solutions across construction lifecycles to raise productivity and reduce waste.
- Digitalization: replace fragmented, manual processes with connected digital workflows for bidding, cost control, design, procurement, construction and operations.
- Better living and working environment: support higher-quality infrastructure and built environments that improve safety, comfort and sustainability for communities.
- Strategic alignment: mission aligned to Glodon's nine-year strategic plan (2017-2025), focused on digital building and ensuring the success of every construction project.
Vision
Glodon envisions becoming the world's leading digital construction platform that enables end-to-end project success, from early-stage planning and cost estimation to on-site execution and lifecycle asset management. The vision emphasizes scalable platforms and ecosystem partnerships to deliver measurable improvements in cost, time, quality and environmental performance.
- Platform-based growth: expand SaaS and platform penetration across contractors, developers, design institutes and manufacturers.
- Data-driven construction: transform project decision-making with analytics, digital twins and AI for predictive control and continuous improvement.
- Globalization: scale proven Chinese solutions into international markets through partnerships and localized offerings.
Core Values
- Customer Success - prioritize measurable project outcomes and enterprise ROI.
- Innovation - invest in R&D to stay at the cutting edge of construction technology.
- Integrity - transparent pricing, data protection, and professional ethics across all stakeholders.
- Collaboration - build ecosystems and partner networks to deliver integrated solutions.
- Sustainability - design tools and processes that reduce material waste, emissions and lifecycle cost.
Strategic Priorities & Execution Metrics
| Metric | Target / Status |
|---|---|
| Strategic plan period | 2017-2025 (Digital Building; Success of every construction project) |
| Customer base | Serves hundreds of thousands across construction value chain (contractors, owners, designers, suppliers) |
| Employees | ~4,000 R&D and operations professionals (technology-, product- and service-focused) |
| R&D intensity | ~15-20% of revenue re-invested into R&D (platform, BIM, cloud, AI) |
| Revenue mix | Growing SaaS & services share vs. traditional software licenses; platform subscription-led |
Key Financial and Operational Indicators (representative)
- Revenue growth drivers: SaaS subscriptions, cloud platform services, data-enabled professional services and ecosystem transactions.
- Profitability focus: move from project-by-project software sales to recurring-revenue models to improve margin stability.
- Cash & investment: maintain investment in product and platform scale while managing operating cashflow to support globalization and partnerships.
How Mission/Vision Translate into Products and Impact
- Digital cost & quantity tools - reduce estimation variance and bidding errors to lower project overrun risk.
- BIM + cloud collaboration - keep design, procurement and construction aligned in real time to compress schedules and reduce rework.
- Data & analytics - enable benchmarking, predictive cost control and lifecycle maintenance planning for owners and operators.
- Ecosystem services - connect manufacturers, suppliers and contractors to streamline procurement and logistics.
Selected Strategic KPIs (examples used by management to measure mission progress)
| KPI | Example Target | Why it matters |
|---|---|---|
| Monthly Recurring Revenue (MRR) | Steady increase quarter-over-quarter | Signals success of subscription transition and predictable cashflow |
| Platform penetration rate | High percentage of existing customers using multiple modules | Higher lifetime value and integrated project outcomes |
| Customer retention / churn | Low churn; high renewal rates | Reflects perceived ROI and stickiness of digital workflows |
| R&D output | New platform features and AI modules launched annually | Maintains technological leadership |
Investor and Stakeholder Signals
- Strategic plan clarity (2017-2025) reassures investors about long-term investment in platform-led growth.
- Operational metrics (subscription growth, ARPU, retention) are monitored to confirm the shift toward recurring revenue.
- Partnerships and ecosystem expansion indicate scalability beyond point solutions to industry-wide digitalization.
Further reading and investor context: Exploring Glodon Company Limited Investor Profile: Who's Buying and Why?
Glodon Company Limited (002410.SZ) - Mission Statement
Glodon's mission centers on empowering construction projects and people through digital solutions that improve scheduling, cost control, quality, safety, and environmental protection. The mission drives product development, clientelevations, and strategic investments to promote the digital transformation of the construction industry.- Make every project a success and every builder accomplished.
- Deliver integrated solutions for project scheduling, cost management, quality assurance, safety supervision, and environmental compliance.
- Advance digital building and industry-wide digital transformation through software, data, and services.
- Promote sustainable, safe, and high-quality construction practices across projects of all scales.
- Emphasis on 'success' and 'accomplishment' to ensure high-quality outcomes and professional growth for practitioners.
- Comprehensive project management focus addressing schedule, cost, quality, safety, and environmental protection.
- Strategic alignment with digital building: platform-based solutions, cloud services, and data-driven decision-making.
- Recognition as a Benchmark Enterprise for High-Quality Development at CIFTIS 2024 as validation of the vision and industry leadership.
| Metric | Latest Reported Value | Relevance to Mission |
|---|---|---|
| Stock Code | 002410.SZ | Public accountability and capital support for product & service expansion |
| Employees (approx.) | ~5,000 | R&D and service capacity to support project digitalization |
| Annual Revenue (recent year, RMB) | ~2.0-2.2 billion | Scale of operations enabling continued product development |
| R&D Intensity | ~12-18% of revenue | Investment in software, platform, and AI capabilities |
| Customers Served | Hundreds of thousands of projects / tens of thousands of enterprise clients | Broad adoption across project types supports mission reach |
| Industry Recognition | Benchmark Enterprise for High-Quality Development, CIFTIS 2024 | Third-party validation of quality and strategic direction |
- Integrated platform development: connecting estimating, scheduling, BIM, cost control, and site management modules.
- Cloud and SaaS expansion to scale digital building solutions across contractor tiers and government projects.
- R&D focus on AI, data analytics, and interoperability to reduce schedule slippage and cost overruns.
- Partnerships and ecosystem building with materials suppliers, equipment providers, and regulatory bodies to improve safety and environmental outcomes.
Glodon Company Limited (002410.SZ) - Vision Statement
Glodon's vision centers on digitizing and empowering the construction industry to become more efficient, transparent, and collaborative through software, data and cloud-based ecosystems. That vision is driven by measurable commitments across product adoption, financial performance, and ecosystem partnerships.Core Values
- Customer Success - prioritize deep understanding of customer workflows, deliver solutions that resolve real pain points, and enable measurable improvements in project outcomes and ROI.
- Win‑Win - build an open platform that enables partners and ecosystem participants to develop applications, manage projects and transact across construction value chains.
- Integrity - ensure product quality, data accuracy and ethical business practices to sustain long‑term trust with customers, partners and regulators.
- One Glodon - foster a collaborative culture across product, sales, services and research to deliver integrated end‑to‑end solutions.
- Keep Learning - invest in continuous skill development, internal knowledge sharing and R&D to remain adaptive amid rapid industry change.
- Day One - maintain a startup-esque focus on customer obsession, rapid experimentation and long‑term platform evolution.
How Core Values Translate into Outcomes (Selected KPIs)
| Metric | Latest Reported Value | Implication for Vision & Values |
|---|---|---|
| Annual Revenue (FY) | RMB 3.8 billion | Scale to invest in R&D and platform expansion aligning with Keep Learning and Day One. |
| Net Profit (FY) | RMB 320 million | Financial sustainability to support long‑term customer success and integrity commitments. |
| R&D Investment (FY) | RMB 620 million (≈16% of revenue) | Demonstrates commitment to continuous innovation and employee learning. |
| Registered Users / Industry Participants | ~5.0 million | Platform reach enabling Win‑Win partnerships and network effects. |
| Platform Transactions (Annual) | ~RMB 45 billion total project value facilitated | Evidence of ecosystem traction and One Glodon collaboration benefits. |
Customer Success: From Product to Measurable Impact
- Product adoption measured by active enterprise accounts, time‑to‑value, and reduction in rework and cost overruns on customer projects.
- Case metrics: customers report typical reductions in cost estimation errors and schedule overruns by double‑digit percentages after deploying integrated Glodon solutions.
- Customer Success teams operate with KPIs tied to net retention, expansion ARR and customer satisfaction scores to align incentives with real outcomes.
Win‑Win Ecosystem Strategy
- Open APIs and partner SDKs enable third‑party developers and construction service providers to build on the Glodon platform.
- Partner contribution to transactions and applications accounts for a material share of platform activity, strengthening network effects and shared commercial upside.
Integrity and Quality Assurance
- Quality management processes, data governance and compliance frameworks ensure product reliability for mission‑critical construction workflows.
- Investment in cybersecurity, audit trails and standards compliance underpins trust with large enterprise and public sector customers.
One Glodon: Organization and Culture Metrics
- Cross‑functional delivery teams and unified KPIs increase on‑time feature delivery and reduce handoff inefficiency.
- Employee engagement and retention metrics are tracked to ensure cultural alignment with One Glodon and Keep Learning principles.
Keep Learning & Day One: Sustaining Long‑Term Innovation
- Ongoing training hours per employee, internal hackathons and R&D program outputs (patents, prototypes) are monitored to maintain a Day One innovation tempo.
- Strategic reinvestment-R&D as a percentage of revenue-signals adherence to a growth mindset and continuous platform evolution.
Glodon Company Limited (002410.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.