Quectel Wireless Solutions Co., Ltd develops and sells communication modules worldwide. The company offers 2G, 3G, 4G, 5G, LPWA, automotive, smart, and Wi-Fi modules; standalone GNSS; and EVB kits. It serves asset tracking, automotive, digital signage, payment, smart metering and grid, and telehealth industries. Quectel Wireless Solutions Co., Ltd was founded in 2010 and is headquartered in Shanghai, China.

Quectel Wireless Solutions Co., Ltd.

Quectel is a global IoT solutions provider specializing in modules, antennas, and certification services. The company offers products and services related to IoT connectivity.

Quectel

Quectel | 158,638 followers on LinkedIn. Superior IoT modules, antennas and connectivity backed by outstanding support and services, to deliver a smarter world. | Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global IoT solutions provider backed by outstanding support and services. Our growing global team of over 4,000 professionals sets the pace for innovation in cellular, GNSS and WiFi/BT modules, antennas and IoT connectivity.

Charles Mitchell

Head of North America Business Development & Strategy

Steve Linke

Patrick Mihm

VP Global PC OEM at Quectel

Craig O'Connell

With a one-stop-shop approach, Quectel simplifies RTK and GNSS procurement by providing hardware, antenna solutions, RTK corrections, and design review services—all in one integrated solution. Our latest White Paper explores GNSS, RTK correction services, and their role in advancing connected applications. Download it for free: https://lnkd.in/dyGZZg9b

Did you know that Electronica, Europe’s leading trade fair for electronics, takes place every two years? This picture captures the Quectel team at electronicaFair in November 2022, and now, we're even more excited about what's coming up next week! Come visit us at Messe Munich, Hall B6, Booth 241, from 12 to 15 November, and discover how we can support your business growth! To find out more: https://lnkd.in/dvNxKZFQ

We are happy to announce that Quectel has won the 2024 IoT Evolution 5G Leadership Award! 🎉 The 2024 IoT Evolution 5G Leadership Award recognizes companies that have advanced 5G accessibility and are driving the growth of wireless integration and applications. To find out more: https://lnkd.in/dc-T57vH

Electronica Munich 2024 is just around the corner, and our team of experts will be there to showcase our latest modules and antennas, as well as to provide insights into Quectel certification services. Join us throughout the event at Hall B6, Booth 241. Book a meeting at the link below to learn how we can build a smarter world together.

We introduce a high-performance Wi-Fi 4 and Bluetooth 5.2 module - the #FCU743R . This module supports 2.4GHz and 5GHz frequencies, so it can be used for WLAN connection. Designed with a reliable USB 2.0 interface, the module can ensure high sensitivity in interference environments, and the module can realize high-speed, low-power WLAN wireless transmission with a maximum data transmission rate of up to 150Mbps. To find out more: https://lnkd.in/dGevmXZe

This November, Quectel experts Mark Winton and Chang Xu will speak in a GPS World magazine webinar, sharing insights on high-precision GNSS trends, new use cases, and challenges like price and performance barriers to broader adoption. Join to learn how to simplify implementation, how Quectel supports optimized systems, and what’s next for high-precision GNSS. 🔗 Register here: https://lnkd.in/gk5A7gmB

In two days, our team will showcase Quectel's latest IoT innovations at the Hong Kong International Lighting Fair. Be sure to visit us at booth GH-D12 to explore our modules and check out our customers' lighting devices firsthand. Register here: https://lnkd.in/g3R8QEXV

It is the last day of Enlit Europe 2024! Visit the Quectel team at booth 5F50 to find out more about how our IoT modules, antennas, and services can help you boost your business. 📍 Booth 5F50, Fiera Milano di Rho

We are pleased to announce that our EG91-EX LTE Cat 1 modules have been awarded the EU Type Examination Certificate for RED Cybersecurity, by TÜV SÜD . This certification confirms that the module complies with the cybersecurity requirements outlined in RED DA, providing Quectel customers with assurance of the module's robust cybersecurity features. 🔗 https://lnkd.in/dDY7Vn7w

Enlit Europe 2024 is underway, and we’re excited to meet you over the next two days in Milan! Be sure to stop by Booth 5F50 to discover how Quectel’s modules, antennas, and certification services can help make your next smart energy project a success. We look forward to connecting with you—don’t miss the opportunity!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue							4.13B -	6.11B 47.85%			13.86B -
cost of revenue							3.26B -	4.87B 49.58%			11.24B -
gross profit							873.57M -	1.24B 41.39%			2.63B -
selling and marketing expenses							202.06M -	197.90M 2.06%			445.22M -
general and administrative expenses					19.91M -		52.38M -	79.61M 52.01%			217.45M -
selling general and administrative expenses							254.44M -	277.51M 9.07%			662.67M -
research and development expenses							361.65M -	706.68M 95.41%			1.60B -
other expenses	398.42K -	1.75M 339.36%	1.18M 32.45%	2.08M 76.03%	2.08M 0.01%	1.12M 46.32%	69.81M 6,148.41%	61.35M 12.11%	114.11M 85.99%	177.81M 55.82%	-5.81M 103.27%
cost and expenses							3.94B -	5.92B 50.08%			13.69B -
operating expenses	32.15M -	42.06M 30.83%	53.41M 26.98%	110.50M 106.90%	221.21M 100.18%	351.63M 58.96%	685.89M 95.06%	1.05B 52.44%	1.63B 55.83%	2.09B 28.39%	2.45B 17.24%
interest expense							6.66M -	15.30M 129.70%			89.91M -
ebitda							203.30M -	296.91M 46.05%			549.73M -
operating income							145.40M -	173.18M 19.10%			82.44M -
depreciation and amortization			2.19M -				57.90M -	123.74M 113.71%			341.58M -
total other income expenses net								5.39M -			-5.81M -
income before tax							145.35M -	178.57M 22.85%			76.62M -
income tax expense
net income	18.67M -	12.72M 31.88%	26.30M 106.76%	20.56M 21.82%	81.51M 296.41%	180.49M 121.42%	148.00M 18.00%	189.02M 27.71%	358.06M 89.43%	622.82M 73.94%	90.71M 85.44%
weighted average shs out	20.79M -	12.85M 38.20%	140.89M 996.54%	142.40M 1.07%	178.03M 25.02%	189.79M 6.61%	253.20M 33.41%	253.20M 0.00%	261.09M 3.11%	188.73M 27.71%	266.78M 41.35%
weighted average shs out dil	20.79M -	12.85M 38.20%	140.89M 996.54%	142.40M 1.07%	178.03M 25.02%	189.79M 6.61%	253.20M 33.41%	253.20M 0.00%	261.09M 3.11%	188.73M 27.71%	266.78M 41.35%
eps	0.90 -	0.99 10.00%	0.19 80.81%	0.14 26.32%	0.46 228.57%	0.95 106.52%	0.58 38.95%	0.75 29.31%	1.37 82.67%	3.30 140.88%	0.34 89.70%
epsdiluted	0.90 -	0.99 10.00%	0.19 80.81%	0.14 26.32%	0.46 228.57%	0.95 106.52%	0.58 38.95%	0.75 29.31%	1.37 82.67%	3.30 140.88%	0.34 89.70%

6032

COM:QUECTEL

Quectel

Last Close

51.27

22/11 07:00

Market Cap

13.47B

Beta: -

Volume Today

6.20M

Avg: -

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