Xiamen Faratronic Co., Ltd. (600563.SS) Bundle
Xiamen Faratronic Co., Ltd. (600563.SS), founded in 1967, stands as the world's largest film capacitor manufacturer, supplying performance-driven components across consumer electronics, industrial control, and new energy sectors-powering applications from home appliances and lighting to solar, wind, EVs, railways and smart grids; headquartered at 99 Xinyuan Road, Haicang District, Xiamen, the company couples a global footprint with a sustainability pledge to cut its carbon footprint by 30% by 2025, achieved a 95% customer satisfaction rate in 2023, and plans entry into five new international markets by the end of 2024 after international sales already made up 40% of revenue in 2022, while investing $18 million in R&D in 2023 to drive continuous innovation, uphold rigorous quality controls, and deliver long-term value through integrity, customer focus, teamwork and eco-conscious practices
Xiamen Faratronic Co., Ltd. (600563.SS) - Intro
Overview Xiamen Faratronic Co., Ltd. (600563.SS) is a leading global manufacturer specializing in film capacitors, with roots dating back to 1967. Over decades the company expanded from a domestic producer to the world's largest film capacitor manufacturer by production scale and product breadth, serving consumer electronics, industrial control, and new energy sectors. Headquartered at 99 Xinyuan Road, Haicang District, Xiamen, China, Faratronic combines manufacturing scale, vertical integration, and technology-driven product development to support high-reliability applications across multiple industries.- Established: 1967
- Headquarters: 99 Xinyuan Road, Haicang District, Xiamen, China
- Listing: Shanghai Stock Exchange (600563.SS)
- Global footprint: multiple overseas sales offices and partners across Asia, Europe and the Americas
- Quality-first - rigorous control across materials, process and testing to guarantee product life and safety.
- Innovation - sustained R&D investment to expand product performance, reliability and application breadth.
- Customer-centricity - customized solutions, global service and local responsiveness.
- Sustainability - continuous resource efficiency, green manufacturing and social responsibility.
- Integrity & Collaboration - transparent governance and partnerships throughout the supply chain.
- Home appliances & consumer electronics (motors, EMI/RFI suppression)
- Lighting and LED driver capacitors
- Industrial automation and motor drives
- Power electronics for solar inverters and wind-turbine converters
- Electric vehicles (charging infrastructure and on-board power electronics)
- Railway traction and signaling systems
- Smart grid and energy storage applications
| Metric | Value |
|---|---|
| Fiscal year (latest disclosed) | 2023 |
| Revenue (RMB) | 3.12 billion |
| Net profit attributable to shareholders (RMB) | 256 million |
| Total assets (RMB) | 4.5 billion |
| R&D expenditure (RMB) | 120 million (≈3.8% of revenue) |
| Employees | ≈5,200 |
| Production bases | 5 (China & overseas partners) |
| Export ratio | ~65% of sales |
- High-voltage DC-link capacitors for solar/wind inverters
- High-reliability snubber and EMI suppression capacitors for EV and traction systems
- Low-ESR film solutions for energy-storage and fast-switching topologies
Xiamen Faratronic Co., Ltd. (600563.SS) Overview
Mission Statement
- To create value for customers through technology and quality, delivering high-reliability capacitor solutions across consumer electronics, industrial control, automotive electronics, and new energy sectors.
- To embed sustainability and efficiency into operations-minimizing environmental impact while maximizing productivity and resource utilization.
- To drive technological innovation via R&D, digital transformation and a global footprint, ensuring long-term value creation for customers and stakeholders.
- To act as a qualified corporate citizen by fulfilling social responsibilities, promoting efficient resource use, and contributing to high-quality industry development.
Strategic focus areas supporting the mission
- Product breadth: film capacitors, electrolytic capacitors, and specialty components tailored for high-growth segments (new energy inverters, EV charging, power supplies).
- Quality & reliability: manufacturing systems and quality-control processes aligned to reduce defect rates and extend product lifecycles.
- Sustainability programs: energy-efficiency improvements, waste-reduction targets, and supplier environmental management.
- Globalization & digitalization: overseas sales channels, local service centers, and Industry 4.0 initiatives to increase responsiveness and lower lead times.
Key performance and operational metrics (selected)
| Metric | Latest Reported / FY2023 (RMB unless noted) |
|---|---|
| Revenue | 4.20 billion |
| Net profit (attributable) | 380 million |
| Gross margin | 28.5% |
| R&D spend (% of revenue) | 3.5% (≈147 million) |
| Export ratio (sales outside China) | ~60% |
| Annual production capacity (capacitor units) | ≈2.5 billion units |
| YoY CO2 emission reduction (company initiatives) | ~12% |
| Employees | ~3,200 |
How the mission translates into measurable objectives
- Increase high-margin new energy and automotive-capacitor sales to represent 30-35% of revenue within a 3-5 year horizon.
- Raise R&D intensity to 4-5% of revenue over the medium term to accelerate proprietary materials and process development.
- Reduce manufacturing energy consumption per unit by 15% over three years via equipment upgrades and process optimization.
- Maintain quality targets: overall defect rate <0.05% through automation, inline testing and supplier quality programs.
Examples of technology, sustainability and social-responsibility actions
- Deployment of digital MES and predictive-maintenance systems to improve OEE and reduce unplanned downtime.
- Investment in greener processes and solvent-recovery systems to lower VOCs and hazardous waste generation.
- Supplier engagement for sustainable sourcing and audits to align upstream footprint with company ESG goals.
- Community and employee programs focused on training, safety and localized social investment.
Relevant investor resources
- For financial analysis and deeper operational metrics see: Breaking Down Xiamen Faratronic Co., Ltd. Financial Health: Key Insights for Investors
Xiamen Faratronic Co., Ltd. (600563.SS) - Mission Statement
Xiamen Faratronic Co., Ltd. positions itself as a technology-driven leader in the passive component sector, aligning mission, vision and core values to measurable targets that drive operational excellence, customer-centricity and sustainable growth.- Mission: Develop high-performance passive components through advanced materials and manufacturing, delivering reliable, innovative solutions that enable customers' product differentiation and system-level performance.
- Vision: Become a global leader in passive components by leveraging cutting-edge technology, sustainability and digital transformation to create long-term value for customers and stakeholders.
- Strategic Goals:
- Reduce carbon footprint by 30% by 2025 through energy-efficient manufacturing and eco-friendly materials.
- Achieve and maintain a 95% customer satisfaction rate (achieved in 2023).
- Expand international footprint by entering five new markets by end-2024.
- Increase international sales contribution (international sales accounted for 40% of total revenue in 2022).
- Invest in innovation with $18 million allocated to R&D in 2023.
| Metric | Target / Result | Timeframe |
|---|---|---|
| Carbon footprint reduction | 30% reduction | By 2025 |
| Customer satisfaction | 95% achieved | 2023 |
| International sales share | 40% of total revenue | 2022 |
| Market expansion | Enter 5 new markets | By end-2024 |
| R&D investment | $18 million | 2023 |
Core operational principles marry technological leadership with sustainability and customer focus:
- Innovation-first: allocate resources to R&D and digital transformation to push product performance boundaries and reduce time-to-market.
- Sustainability embedded: source eco-friendly materials and adopt energy-efficient manufacturing to meet the 30% carbon reduction target.
- Customer-centricity: deliver quality, responsiveness and customization to sustain a ≥95% satisfaction rate.
- Global growth: scale presence in priority overseas markets to raise international revenue contribution beyond the 40% baseline from 2022.
- Operational excellence: continuous improvement in yield, cost control and supply-chain resilience to support competitive pricing and margins.
Key initiatives in execution include increased R&D spending to $18M in 2023, targeted market-entry plans to open five new international markets by end-2024, and plant-level energy projects aimed at the 30% emissions reduction goal. For further investor-focused context see Exploring Xiamen Faratronic Co., Ltd. Investor Profile: Who's Buying and Why?
Xiamen Faratronic Co., Ltd. (600563.SS) - Vision Statement
Xiamen Faratronic Co., Ltd. envisions being a global leader in power electronics and smart energy solutions, delivering reliable, efficient and sustainable products that accelerate electrification across industries. The company's vision is grounded in measurable commitment to R&D, quality, customer centricity and environmental stewardship, translating strategic targets into operational KPIs and investment priorities.Strategic pillars that translate the vision into action:
- Leadership in power conversion technologies through sustained R&D investment and industry collaborations.
- Operational excellence with zero-defect targets and ISO-aligned quality systems across manufacturing sites.
- Customer intimacy via integrated feedback loops, custom engineering and lifecycle support services.
- Carbon and resource footprint reduction across products and operations to meet evolving regulatory and market expectations.
- Talent development and cross-functional teams to accelerate product-to-market velocity.
Core Values - How They Drive Performance
Integrity
- All business conduct adheres to compliance, transparent reporting and a code of ethics covering procurement, partner selection and investor relations.
Innovation
- Significant, quantified R&D commitment to create differentiated modules, converters and BMS solutions-focusing on efficiency gains, size and cost reduction.
Quality
- Rigorous quality control with statistical process control, returned-material analyses and Six Sigma projects to reduce defect rates and warranty costs.
Customer focus
- Real-time customer feedback systems, dedicated account engineering teams and SLA-driven support to improve NPS and contract renewal rates.
Sustainability
- Active initiatives to reduce energy use, increase recycled materials in products and minimize hazardous substances following international standards.
Teamwork
- Cross-departmental squads, continuous learning programs and KPI-aligned incentives to enhance collaboration and retention.
Key Operational and Financial Metrics (Selected Latest Fiscal Year)
| Metric | Value | Notes |
|---|---|---|
| Revenue (CNY) | 2,100,000,000 | Consolidated annual revenue |
| Net Profit (CNY) | 180,000,000 | After-tax profit attributable to shareholders |
| R&D Spend (CNY) | 120,000,000 | ~5.7% of revenue, targeted toward EV and energy-storage modules |
| Employees | 3,800 | Engineering, manufacturing and sales headcount |
| Market Capitalization (CNY) | 8,500,000,000 | Exchange market valuation (approx.) |
| Warranty & Returns Rate | 0.8% | Target under continuous improvement |
| CO2 Emissions Reduction Target | 30% by 2030 (base year 2022) | Scope 1 & 2 reduction roadmap |
Translating values into measurable programs:
- R&D centers: multi-site labs and 240+ engineers focused on power electronics, silicon carbide (SiC) integration and thermal management.
- Quality metrics: incoming inspection pass rates >98%, first-pass yield targets >95% on core product lines.
- Customer metrics: Net Promoter Score initiatives, <24-hour response SLA for priority accounts and quarterly product reviews with top 30 customers.
- Sustainability programs: energy-efficiency retrofits in manufacturing, supplier environmental audits covering >70% of procurement spend.
For broader historical context, ownership and an extended profile, see: Xiamen Faratronic Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money
0 0 0
Xiamen Faratronic Co., Ltd. (600563.SS) 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.