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Zhejiang Taihua New Material Group Co., Ltd (China)

Main Activities: Fiber, Yarn, and Thread Mills
Full name: Zhejiang Taihua New Material Group Co., Ltd Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Zhejiang Taihua New Material Co., Ltd is a company located in Jiaxing, Zhejiang. The company specializes in the research and production of high-end functional fabrics. They have established a complete industrial chain that includes nylon spinning, weaving, dyeing, and finishing. Their main products include nylon 6, nylon 66, environmentally friendly recycled nylon products, and other chemical fiber products. The company has been recognized by the China Textile Industry Association as the "National Nylon Fabric Development Base" for multiple years. They have also been awarded the title of "China's Functional Nylon Fabric Fine Production Base" by the China Filament Weaving Association in 2012, 2015, and June 2018. Zhejiang Taihua New Material Co., Ltd has played a leading role in the formulation of industry standards such as "Nylon Elastic Fabric" and has participated in the drafting and revision of standards for nylon fabrics, chemical fiber filament weaving products, and green product evaluation in the textile industry. The company has been ranked among the "Top 500 Competitiveness of Chinese Textile and Apparel Enterprises" for multiple years from 2012 to 2015. In the "Top 10 Competitiveness of China's Filament Weaving Industry" from 2011 to 2013, the company consistently ranked third. They also ranked third in the "Top 50 Economic Benefits of China's Filament Weaving Industry" in 2014 and second in 2015. In March 2017, the China Textile Industry Federation issued a certificate recognizing Zhejiang Taihua New Material Co., Ltd as a well-known domestic integrated chemical fiber textile enterprise with a complete industrial chain in nylon spinning, weaving, dyeing, and finishing. The company is considered a leading enterprise in the subdivision field of nylon fabric in China and has strong capabilities in nylon fiber production, fabric development, production, and sales.

Headquarters
No. 113, Meibei Road, Wangdian Town, Xiuzhou District, Jiaxing City, Zhejiang Province
Jiaxing; Zhejiang; Postal Code: 314011

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Website: http://www.textaihua.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 21, 2001
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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28.03%
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16.87%
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14.4%
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6.49%
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4.24%
Subsidiaries
Jiahua Special Nylon (Jiangsu) Co., Ltd.
100%
Jiaxing Huachang Textile Co., Ltd.
100%
Jiaxing Weirong Heating Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Zhejiang Taihua New Material Group Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
47.46%
Total operating revenue
48.92%
Operating profit (EBIT)
94.68%
Net Profit (Loss) for the Period
89.31%
Total assets
16.12%
Total equity
13.04%
Operating Profit Margin (ROS)
3.27%
Net Profit Margin
2.64%
Return on Equity (ROE)
5.09%
Debt to Equity Ratio
8.61%
Quick Ratio
-0.02%
Cash Ratio
-0%

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