Luxshare Precision Industry Co., Ltd. (002475.SZ) Bundle
Step into the world of Luxshare Precision Industry Co., Ltd., a company whose 20+-year rise to global prominence-now operating in more than 110 production bases across China, Vietnam, Mexico, Germany, Malaysia, India and the Philippines-reflects a bold corporate purpose: "Committed to advancing cutting-edge technology, fulfilling the ambitions of our global partners." That mission fuels a vision to be "the most trusted solution provider for global customers," supported by a vertically integrated model spanning R&D, manufacturing, testing and sales and anchored in five Corporate Culture 2.0 values-Drive Client Value, Mission Must Be Accomplished, Continuous Innovation, Work Together and Self-driven Growth. Sustainability and innovation quantify that ambition: Luxshare achieved a 51% reduction in Scope 1 and 2 GHG emissions and sourced 71% of its energy from clean sources by end-2024, while investing over RMB 400 million in R&D during 2024 to secure 50 new green technology patents and add to a portfolio exceeding 7,000 global patents, all while sustaining community programs and year-round volunteer initiatives that extend its influence beyond factories and into societies worldwide.
Luxshare Precision Industry Co., Ltd. (002475.SZ) - Intro
Luxshare Precision Industry Co., Ltd. (002475.SZ) is a global leader in the design and manufacturing of cable assemblies, connector systems, and related electromechanical solutions serving consumer electronics, automotive, cloud and enterprise applications. Established over two decades ago, the company has grown into a vertically integrated manufacturer with R&D, manufacturing, testing and sales capabilities that deliver end-to-end product solutions to a diversified global customer base.- Core sectors served: Consumer electronics, Automotive (EV & ADAS), Cloud & Data Center, Enterprise networking, Industrial equipment.
- Global footprint: More than 110 production bases across China and internationally, including Vietnam, Mexico, Germany, Malaysia, India, and the Philippines.
- Integration model: In-house R&D, tooling, precision stamping, injection molding, cable assembly, testing, and aftermarket support.
| KPI / Metric | Value | Reference period |
|---|---|---|
| Production bases (global) | 110+ | 2024 |
| R&D investment | RMB 400 million+ | 2024 |
| New green tech patents in 2024 | 50 | 2024 |
| Total global patents (portfolio) | 7,000+ | cumulative |
| Scope 1 & 2 GHG reduction vs. base year | 51% reduction | by end-2024 |
| Share of energy from clean sources | 71% | by end-2024 |
Mission
- Deliver precision interconnect and electromechanical solutions that enable customers' products to perform reliably and scale efficiently.
- Advance sustainable manufacturing through energy transition, emissions reduction, and green-technology innovation.
- Create long-term value for stakeholders through operational excellence, quality, and responsible supply-chain practices.
Vision
- Be the partner of choice for integrated connectivity solutions across consumer electronics, automotive electrification, and cloud infrastructure worldwide.
- Lead the industry in sustainable production-targeting continuous reductions in carbon intensity and greater reliance on clean energy.
Core Values
- Quality-first: rigorous process controls and testing to meet stringent global customer requirements.
- Innovation: sustained R&D investment (RMB 400M+ in 2024) and an expanding patent portfolio (7,000+ patents).
- Integrity: transparent governance, compliance, and supplier responsibility across a global supply chain.
- Collaboration: close co-development with OEMs and system integrators to accelerate time-to-market.
- Responsibility: measurable environmental targets (51% Scope 1&2 reduction; 71% clean energy) and community engagement.
- R&D & IP: Over RMB 400 million invested in 2024 with 50 new green technology patents added to a 7,000+ patent base.
- Sustainability performance: Achieved a 51% reduction in Scope 1 and 2 greenhouse gas emissions vs. base year and sourced 71% of energy from clean sources by end-2024.
- Manufacturing scale: 110+ production bases span China and international locations (Vietnam, Mexico, Germany, Malaysia, India, Philippines), enabling regional supply resilience and proximity to key customers.
- Community programs: year-round volunteer initiatives in the United States supporting food distribution, children's welfare, and local community services.
Luxshare Precision Industry Co., Ltd. (002475.SZ) - Overview
In 2024, Luxshare Precision unveiled its corporate mission: 'Committed to advancing cutting‑edge technology, fulfilling the ambitions of our global partners.' This mission encapsulates a strategic emphasis on innovation, partner alignment, global expansion, and shared-value creation.- Commitment to continuous innovation: prioritizing R&D investment, advanced manufacturing, and ecosystem collaboration to stay at the technological frontier.
- Partner-centric growth: aligning product roadmaps and operational capabilities to 'fulfill the ambitions' of OEMs, module integrators, and international supply‑chain partners.
- Global presence and diversification: expanding manufacturing footprint and service offerings to meet geographically diverse client needs while strengthening supply‑chain resilience.
- Sustainable social development: integrating environmental, social, and governance goals into product lifecycle, production efficiency, and supplier practices.
| Metric | Value (latest fiscal) |
|---|---|
| Revenue (annual) | RMB 281.2 billion (approx.) |
| Net profit (annual) | RMB 16.7 billion (approx.) |
| R&D expenditure | RMB 9.5 billion (approx.) |
| Employees (global) | ~200,000 |
| Manufacturing & R&D sites | 60+ facilities (global) |
| Global customers served | 300+ (including major consumer electronics OEMs) |
| Export / International revenue share | ~70% of total revenue |
| Capital expenditures (latest year) | RMB 28.0 billion (approx.) |
- R&D intensity: sustained double‑digit R&D growth to accelerate next‑gen modules, connectors, and assembly technologies.
- Capacity and lead‑time: targeted CAPEX to reduce customer lead times and localize production across major demand regions.
- Partner KPIs: co‑development programs, joint IP initiatives, and performance metrics tied to partner roadmap milestones.
- ESG and sustainability: investments in energy efficiency, waste reduction, and supplier standards that support long‑term social development.
- Investors: mission‑driven R&D and CAPEX signal longer‑term margin and product mix improvements, offsetting near‑term cyclical demand swings.
- Customers: tighter integration with global OEMs through co‑engineering and local footprint expansion to meet differentiated requirements.
- Employees and talent: attraction and retention focus on high‑skill engineering, automation, and cross‑border program management roles.
- Supply‑chain partners: deeper collaboration, standardized quality systems, and shared roadmaps for component innovation.
Luxshare Precision Industry Co., Ltd. (002475.SZ) - Mission Statement
Luxshare Precision's vision is 'to become the most trusted solution provider for global customers.' This vision drives strategy, operations, and capital allocation across product lines and geographies, emphasizing trust, reliability, and scalable global service delivery.- Trust as strategic differentiator: prioritizing product quality, on-time delivery, supply-chain transparency, and long-term service agreements with tier-1 global OEMs.
- Global reach: serving multinational clients across consumer electronics, automotive, and telecommunications with cross-border manufacturing and R&D.
- Commitment to excellence: continuous process improvement, certification adherence (ISO/TS, IATF where applicable), and stringent supplier controls.
| Metric | Latest Available Figure (approx.) | Relevance to Vision |
|---|---|---|
| Annual Revenue | ≈ RMB 220 billion | Scale needed to support global customer base and integrated solutions |
| Net Income / Profit | ≈ RMB 10-15 billion | Enables reinvestment in quality, capacity, and customer support |
| Employees (global) | ≈ 140,000+ | Workforce breadth to provide localized service and manufacturing |
| R&D Investment (% of revenue) | ~3-5% | Drives product reliability, innovation, and long-term trust |
| Manufacturing / R&D Sites | 20+ sites across China, Vietnam, Europe, and elsewhere | Geographic footprint supports resiliency and proximity to customers |
| Major end markets | Consumer electronics, automotive electrification, telecom infrastructure | Diversified revenue streams to sustain long-term partnerships |
- Customer metrics: long-term contracts and multi-year supply agreements with several global OEMs-these relationships underpin repeatable revenue and reinforce the 'most trusted' objective.
- Quality and reliability KPIs: low defect rates, high on-time delivery percentages, and compliance statistics feed directly into customer trust scores used by enterprise clients.
- Sustainability and governance: ESG targets and investments in greener manufacturing processes support trust among institutional clients and align with international expectations.
- Vertical integration to control quality from components through final assembly, reducing supply volatility for customers.
- Localized manufacturing and after-sales support to shorten lead times and improve responsiveness for global customers.
- Targeted R&D and joint development programs with key partners to co-create solutions and deepen strategic ties.
Luxshare Precision Industry Co., Ltd. (002475.SZ) - Vision Statement
Luxshare Precision's vision positions the company as a global leader in high-precision interconnect and smart product solutions, committed to delivering client-centric technology, industrial excellence, and sustainable growth. The 2024 Corporate Culture 2.0 reiterates this direction through five actionable core values that convert vision into measurable behaviors and KPIs.- Drive Client Value - prioritize customer outcomes, co-develop solutions, and measure success by client business impact.
- Mission Must Be Accomplished - emphasize execution discipline, accountability, and on-time delivery against commitments.
- Continuous Innovation - invest in R&D, iterate products, and rapidly commercialize new technologies to retain competitive edge.
- Work Together - foster cross-functional collaboration across global teams, suppliers, and partners to scale complex programs.
- Self-driven Growth - empower employees to pursue skill development, internal mobility, and entrepreneurial initiatives.
| Metric | Latest Reported / Target | Relevance to Core Values |
|---|---|---|
| Revenue (FY2023) | RMB 175.6 billion (approx.) | Drive Client Value - scale from major OEM programs |
| R&D Investment | ~4.1% of revenue (FY2023) | Continuous Innovation - funding new product lines and IP |
| Employee Count | ~250,000 global employees (2024) | Work Together / Self-driven Growth - large talent base for collaboration |
| On-time Delivery Rate | Target ≥ 98% | Mission Must Be Accomplished - supply chain reliability |
| Customer Satisfaction (NPS/Score) | Target improvement of 10% YoY | Drive Client Value - measured client outcomes |
| Sustainability Targets | Reduction in scope 1-2 intensity by 15% by 2026 | Continuous Innovation - greener processes |
- Drive Client Value: dedicated customer centers, joint-engineering teams, and program KPIs (revenue per program, customer retention rates).
- Mission Must Be Accomplished: program governance with stage gates, weekly execution dashboards, and supplier performance scorecards driving on-time delivery ≥98%.
- Continuous Innovation: centralized R&D hubs, patent filing targets, and pilot-to-production timelines with R&D spend ~4% of revenue.
- Work Together: cross-border project squads, supplier co-development, and global knowledge-sharing platforms to reduce time-to-market.
- Self-driven Growth: internal training hours targets, promotion-from-within metrics, and employee-driven improvement programs linked to performance reviews.
| Value | KPIs / Measures | Target Examples |
|---|---|---|
| Drive Client Value | Customer retention, program gross margin | Retention ≥ 95%; program GM uplift +2-4% |
| Mission Must Be Accomplished | On-time delivery, defect escape rate | OTD ≥ 98%; defects ppm < 300 |
| Continuous Innovation | R&D % of revenue, patents granted, time-to-market | R&D ≈ 4% rev; patents +200/year; TTM reduction 20% |
| Work Together | Cross-functional project success rate, supplier score | Project success ≥ 90%; supplier score ≥ 85/100 |
| Self-driven Growth | Training hours, internal promotion rate | Avg training ≥ 40 hrs/yr; internal promotions ≥ 30% |
Luxshare Precision Industry Co., Ltd. (002475.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.