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Iczoom Group Inc. (China)

Main Activities: Computer and Electronic Product Manufacturing | Electrical Equipment, Appliance, and Component Manufacturing | Electronics Stores
Secondary Activities: Publishing Industries (except Internet)
Full name: Iczoom Group Inc. Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company also provides customs clearance, temporary warehousing, logistic and shipping services to customers to earn service commission fees.
The Company, through its wholly-owned subsidiaries and an entity controlled through contractual arrangements, is engaged in sales of electronic components to customers in the People's Republic of China (“PRC”). Major electronic components purchased from suppliers and then sold to customers through the Company's online platform include: integrated circuit, discretes, passive components, optoelectronics, electromechancal, Maintenance, Repair and Operations (“MRO”), design tools, etc. These electronic components are primarily used by customers in the consumer electronic industry, automotive electronics, industry control segment with primary target customers being China-based small and medium-sized enterprises. In addition, the Company also provides customs clearance, temporary warehousing, logistic and shipping services to customers to earn service commission fees.
The Company purchases electronic component products from third-party suppliers and then sells to customers. The Company's products have similar economic characteristics with respect to vendors, marketing and promotions, customers and methods of distribution. The Company's chief operating decision maker has been identified as the Chief Executive Officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company, and concludes that the Company has only one reporting segment.
2015 - The Company, formerly known as Horizon Business Intelligence Co., Limited, was incorporated as an exempted company with limited liability under the laws of the Cayman Islands on June 18, 2015 and changed to its current name on May 15, 2018.

Headquarters
Room 102, Technology Bldg, International E-Commerce Industrial Park, 105 Meihua Road,Futian
Shenzhen; Guangdong; Postal Code: 518000

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2015
Key Executives
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Chairman
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Chief Operating Officer
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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8.5%
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Subsidiaries
Iczoom Electronics Limited (United Kingdom)
Company Performance
Financial values in the chart are available after Iczoom Group Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-27.03%
Total operating revenue
-27.03%
Operating profit (EBIT)
N/A
EBITDA
-98.9%
Net Profit (Loss) for the Period
N/A
Total assets
-29.47%
Total equity
38.04%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-12.66%
Quick Ratio
0.15%
Cash Ratio
0.01%

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