Company Overview of China Keli Electric Company Ltd
China Keli Electric Company Ltd., through its subsidiaries, designs, develops, manufactures, markets, and installs electrical components and equipment in the People’s Republic of China. Its products include pre-assembled mini substations, electrical controllers, pressurized and vacuumed switchgears, circuit breakers, auto-control equipments, high voltage complete electric sets, high-power resistors, pre installed transformer stations, cable branch boxes, electricity distribution cabinets, vacuum breakers, and load switch and switch cabinets. The company was founded in 1995 and is based in Richmond, Canada.
10451 Shellbridge Way
Richmond, BC V6X 2W8
Founded in 1995
Key Executives for China Keli Electric Company Ltd
Chief Executive Officer and Director
Total Annual Compensation: $116.8K
Chief Financial Officer
Total Annual Compensation: $24.0K
Executive Vice President of Finance & Corporate Development
Total Annual Compensation: $42.0K
Compensation as of Fiscal Year 2013.
China Keli Electric Company Ltd Key Developments
China Keli Electric Co., Ltd. Announces Earnings Results for the First Quarter Ended July 31, 2013
Oct 1 13
China Keli Electric Co. Ltd. announced earnings results for the first quarter ended July 31, 2013. For the three months ended July 31, 2013, total revenue was $5,344,191, an increase of 11.9% over the first quarter of 2013 of $4,776,872. The installation service business continues to drive the majority of revenue increases. As a result, the company's net profit was $254,972 in the first quarter of 2014 compared to $289,446 in the first quarter of 2013. Basic and diluted earnings per share (EPS) were $0.003 compared with $0.003 in the first quarter of 2013. The decreased net profit was primarily due to decreased gross profit and increase finance expense. EBITDA was $622,049 in the first quarter of 2014, an increase of 4.0% over the first quarter of 2013 at $582,203. After accounting for an unrealized foreign exchange translation gain of $420,869, the company reported total comprehensive income of $675,841 in the first quarter of 2014, compared with total comprehensive income of $355,615 in the first quarter of 2013.
China Keli Electric Company Ltd Reports Earnings Results for the Year Ended April 30, 2013
Sep 3 13
China Keli Electric Company Ltd. reported earnings results for the year ended April 30, 2013. For the year ended April 30, 2013, total revenue was $17,288,016, a 14.7% increase over $15,066,561 in the same period of last year. The company successfully developed its installation services business, and recorded $3,166,566 of installation revenue, compared with $276,786 in 2012. As a result, the company's net profit was $440,487 in 2013, an increase of 28.2% compared with $343,693 in 2012. Basic and diluted earnings per share were $0.005 compared with $0.004 in 2012. The increased net profit and EPS were due primarily to increased revenue and continuing control of G&A expenses.
China Keli Electric Co., Ltd. Signs A Product Manufacturing and Sales License Agreement with Siemens Ltd., China
Apr 9 13
China Keli Electric Co. Ltd. announce that it has signed a Product Manufacturing and sales license agreement with Siemens Ltd., China. This agreement involves disclosure of Siemens-owned intellectual property to Zhuhai Keli Electric Co. Ltd., the operating subsidiary of Keli, and conveys to Keli the right to manufacture and sell the Siemens-designed SIVACON 8PT switchgear. It acknowledges that Keli is an authorized licensee of Siemens for the LV SIVACON switchboards. The agreement, which will be renewed annually provided Keli complies with the terms, recognizes that Keli has appropriate high quality manufacturing facilities and quality control procedures to comply with the stringent requirements for the manufacture of Siemens-designed electrical equipment. Siemens and Keli have agreed to some production and sales targets, which increase substantially over the first four years of the agreement, and will bring increased revenues to both companies.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|