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- Xiamen Golden Egret Special Alloy
Xiamen Golden Egret Special Alloy Revenue, Valuation, Funding & Investors
Xiamen Golden Egret Special Alloy is valued at $686M as of May 2020, a 1.5x revenue multiple. Xiamen Golden Egret Special Alloy revenue was $461M, as disclosed with its latest round.
Last Xiamen Golden Egret Special Alloy valuation
$686M
Secondary · May 2020
Xiamen Golden Egret Special Alloy revenue
$461M
Secondary · May 2020
Key investors in Xiamen Golden Egret Special Alloy
About Xiamen Golden Egret Special Alloy
Xiamen Golden Egret Special Alloy is a Chinese manufacturer of tungsten powder, cemented carbide and cutting tools, based in Xiamen. It was created in 1989 and grew into a Sino-foreign joint venture in which Xiamen Tungsten became the controlling shareholder. The company makes tungsten powder materials, carbide rods, indexable inserts, solid carbide tools and other cutting tools for metalworking. Its customers are manufacturers in sectors such as consumer electronics, machinery, moulds, automotive, energy and medical equipment. It sells through production bases in China and sales companies abroad, including a German subsidiary, Golden Egret Carbide Germany. Revenue comes from sales of materials and tools.
Founded
1989
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$461M (May 2020)
Valuation
$686M (May 2020)
Sectors
Xiamen Golden Egret Special Alloy Valuation
Xiamen Golden Egret Special Alloy is currently valued at $686M, based on its secondary sale in May 2020. Read the announcement ↗
The $72M round was led by Xiamen Tungsten.
Xiamen Golden Egret Special Alloy valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2020 | Secondary | $686M | 1.5x |
Xiamen Golden Egret Special Alloy Revenue
Xiamen Golden Egret Special Alloy's latest recorded revenue is $461M, as of its secondary sale in May 2020. At a $686M valuation, that implies a 1.5x revenue multiple.
Xiamen Golden Egret Special Alloy revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2020 | $461M | $686M | 1.5x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Xiamen Golden Egret Special Alloy Funding History
Xiamen Golden Egret Special Alloy has 1 recorded secondary share sale and no primary funding rounds.
Xiamen Golden Egret Special Alloy funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2020 | Secondary | Xiamen Tungsten (lead) | $72M | $686M | Xiamen Golden Egret Special Alloy Co., Ltd. is a Chinese company specializing in special alloys, particularly tungsten-related products, formed as a joint venture in 2005 to secure tungsten supply. On May 13, 2020, Xiamen Tungsten Co., Ltd. agreed to acquire an additional 10% stake from Sandvik Machining Solutions AB for CNY 490 million ($70 million), implying a full company valuation of CNY 4.9 billion. The transaction was approved by Xiamen Tungsten's board on May 14, 2020, and shareholders on May 29, 2020, and completed on July 1, 2020, increasing Xiamen Tungsten's ownership to 70% while Sandvik exited completely. In 2019, Xiamen Golden Egret recorded revenue of CNY 3.177 billion, total assets of CNY 3.903 billion, net profit of CNY 265 million, and total common equity of CNY 2.4 billion. Ernst & Young served as financial advisor to Sandvik. The deal aligned with Xiamen Tungsten's strategy to consolidate control over the tungsten carbide producer. |
Who has invested in Xiamen Golden Egret Special Alloy?
1 investor has backed Xiamen Golden Egret Special Alloy across its funding rounds, including Xiamen Tungsten.
Lead investors include Xiamen Tungsten.
Xiamen Golden Egret Special Alloy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Xiamen Golden Egret Special Alloy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Xiamen Golden Egret Special Alloy
Xiamen Golden Egret Special Alloy has acquired 1 company to date.
Last acquisition by Xiamen Golden Egret Special Alloy was on December 30th 2025. Xiamen Golden Egret Special Alloy acquired Mimatic for $12M.
Latest Acquisitions by Xiamen Golden Egret Special Alloy
| Description | Mimatic is a German manufacturer of precision cutting tools and driven tools for metalworking. It produces solid carbide thread mills, milling tools, angle heads, modular tool systems and tool holders for CNC machines, and it also makes special tools to customer specification. Its customers are industrial manufacturers in automotive, machinery, aircraft and woodworking, and it offers tool service and repair alongside tool monitoring products. Mimatic sells through an online shop and through sales and service subsidiaries abroad, including one in Shanghai. The company is headquartered and produces in Betzigau in Germany and has made precision tools since 1974. It earns revenue from sales of standard and customised tooling and from repair services. |
| HQ Country | |
| HQ City | Betzigau |
| Deal Date | 30 Dec 2025 |
| Valuation | $12M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Xiamen Golden Egret Special Alloy acquisitions and their M&A valuation multiples. Start Free Trial | |
Xiamen Golden Egret Special Alloy Competitors
Xiamen Golden Egret Special Alloy competitors include listed companies like Rain Industries, SGL Carbon, Corporación Aceros Arequipa and Tungsten West, and private ones like Mitra Chem and GFCL EV.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.8B | $226M | $697M | 0.9x | ||
| Private | - | - | $303M | - | ||
| Private | - | - | $2.7B | - | ||
| Publicly listed | $951M | $51M | $683M | 0.9x | ||
| Publicly listed | $1.5B | $218M | $683M | - | ||
| Publicly listed | $806K | ($10M) | $681M | 39.9x |
Xiamen Golden Egret Special Alloy Public Comps
Xiamen Golden Egret Special Alloy is still privately-owned, but its public comps include SGL Carbon, Corporación Aceros Arequipa, Tungsten West, Explosifs et Produits Chimiques, Rain Industries, Catalyst Metals, Gujarat Ambuja Exports, Neogen Chemicals, WhiteHawk Minerals and Lithium Argentina.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $951M | $51M | 0.8x | 0.9x | 15.2x | 5.7x | |||
| $1.5B | $218M | 0.7x | - | 5.1x | - | |||
| $806K | ($10M) | 805.4x | 39.9x | (64.1x) | 293.8x | |||
| $603M | $82M | 1.3x | 1.2x | 9.7x | 9.2x | |||
| $1.8B | $226M | 0.9x | 0.9x | 7.4x | 7.1x | |||
| $444M | $213M | 1.2x | 1.1x | 2.5x | 2.3x | |||
| $600M | $52M | 1.1x | 1.0x | 12.3x | 8.5x | |||
| $89M | $13M | 9.4x | 7.0x | 63.3x | 42.9x | |||
This data is available for Pro users. Sign up to see all Xiamen Golden Egret Special Alloy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Xiamen Golden Egret Special Alloy
| When was Xiamen Golden Egret Special Alloy founded? | Xiamen Golden Egret Special Alloy was founded in 1989. |
| Where is Xiamen Golden Egret Special Alloy headquartered? | Xiamen Golden Egret Special Alloy is headquartered in Xiamen, China. |
| Is Xiamen Golden Egret Special Alloy publicly listed? | No, Xiamen Golden Egret Special Alloy is a private, VC-backed company. |
| What is Xiamen Golden Egret Special Alloy's valuation? | Xiamen Golden Egret Special Alloy was last valued at $686M in its secondary sale in May 2020. |
| Who are Xiamen Golden Egret Special Alloy's investors? | Xiamen Golden Egret Special Alloy's investors include Xiamen Tungsten. |
| What is Xiamen Golden Egret Special Alloy's revenue? | Xiamen Golden Egret Special Alloy's latest recorded revenue is $461M (May 2020). |
| What is Xiamen Golden Egret Special Alloy's revenue multiple? | Xiamen Golden Egret Special Alloy's latest valuation implies a 1.5x revenue multiple ($686M valuation on $461M of revenue). |
| Which companies are comparable to Xiamen Golden Egret Special Alloy? | Companies comparable to Xiamen Golden Egret Special Alloy include Rain Industries, Mitra Chem, GFCL EV, SGL Carbon, Corporación Aceros Arequipa and Tungsten West. |
| How many companies has Xiamen Golden Egret Special Alloy acquired? | Xiamen Golden Egret Special Alloy has acquired 1 company, including Mimatic. |
| What was the largest acquisition by Xiamen Golden Egret Special Alloy? | The $12M acquisition of Mimatic in December 2025 is the largest acquisition Xiamen Golden Egret Special Alloy has made to date. |
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