In the business world, there are some seemingly “inconspicuous” industries. Once they reach the extreme and become the industry leader, the profits are often very considerable.
Because there are few competitors in these industries, they have not fallen into involution and have large profit margins.
For example, Big A has a company engaged in metal packaging of food and beverages. The outer packaging of common drinks such as Red Bull and Coke comes from this company.
Although the packaging looks ordinary, its revenue in the first three quarters of last year was as high as 18.3 billion, and its net profit also reached 1.1 billion.
The same is true for the hardware industry. Hardware stores that can be seen everywhere on the street are actually a rigid demand industry, especially in exports.
Big A’s largest hardware tool company is strong and owns multiple world-class century-old tool brands.
Its products are rich and diverse, covering hand tools, power tools, pneumatic fastening tools, laser measurement tools, lidar, tool cabinets, industrial storage cabinets, industrial vacuum cleaners, etc.
The company has 5 major R&D centers around the world, and sales channels cover the world.
It directly serves global large-scale building materials, hardware, department stores, auto parts and other supermarket chains and various industrial users. At the same time, it relies on domestic and foreign e-commerce platforms to directly reach global end users.
From a performance perspective, in 2020, the company’s revenue was 8.544 billion, a year-on-year increase of 28.96%, and net profit was 1.350 billion, a year-on-year increase of 50.85%. This year, the company’s profit exceeded 1 billion for the first time.
In 2024, the company’s revenue will be 14.795 billion, a year-on-year increase of 35.37%, and its net profit will be 2.304 billion, a year-on-year increase of 36.18%. The net profit will exceed 2 billion for the first time.
In the first three quarters of 2025, the company’s revenue was 11.156 billion, a year-on-year increase of 0.65%, and net profit was 2.155 billion, a year-on-year increase of 11.35%.
As of the third quarter of 2025, the company’s top ten tradable shareholders have a strong lineup, including three social security portfolios, as well as the Kuwait Investment Authority and the Macau Monetary Authority.
The Social Security 406 portfolio holds 24.2153 million shares, accounting for 2.11%, with a reference market value of 745 million; the Social Security 101 portfolio holds 12.8017 million shares, accounting for 1.12%, with a reference market value of 394 million; the Social Security 418 portfolio holds 9.0816 million shares, accounting for 0.79%, with a reference market value of 279 million.
In addition, the Macau Monetary Authority holds 14.6068 million shares, accounting for 1.27%, with a reference market value of 449 million; the Kuwait Government Investment Authority holds 10.293 million shares, accounting for 0.90%, with a reference market value of 317 million.
In the first half of 2025, the company’s revenue was 7.027 billion, of which 99.53% came from hardware tools.
In terms of products, 65.74% came from hand tools and storage cabinets, 23.23% came from industrial tools, and 10.56% came from power tools.
Looking by region, domestic revenue only accounts for 3.91%, and 95.62% of the company’s revenue comes from overseas markets.
The overseas market accounts for a very high proportion, which brings both opportunities and risks.
On the one hand, the huge size of the global market provides the company with broad room for growth; on the other hand, the high dependence on overseas markets means that the company may be the first to be affected if trade disputes and other situations arise, as happened in early April last year.
