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Rechi Precision Co., Ltd. (Taiwan, China)

Main Activities: Machinery Manufacturing | Air and Gas Compressor Manufacturing
Full name: Rechi Precision Co., Ltd. Profile Updated: May 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Established in December 1989, Rechi Precision Co., Ltd. believes in “possessing independent know-how, to create a first-class brand, and to forge a technological life” as the corporate intention and ideology. The entire staff has been encouraged with the business philosophy of “marching towards market competition with excellent quality; forever leading the industry with exceptional technology; winning customer satisfaction with flawless service” and has worked actively in developing the company's core technologies, products and services. Taking “accomplishing a globally renowned first-class supply chain of the compressor industry” as its sacred mission, the enterprise has managed to continuously increase its strength in market competition, not only being able to maximize investors returns but also capable of creating a quality career environment for its employees. Rechi Precision believes in an impartial and open managing style and treats its employees with honesty. The company emphasizes humane control as well as work efficiency and performance; it lets its employees feel that the company is an active enterprise of innovative, effective, quick responding, service-enthusiastic and public spirited natures. In terms of Quality, Cost and Delivery, Rechi Precision especially sticks to the 3Q principles, meaning “Better Quality, Lower Cost, and Faster Delivery”. The company is operated in the belief of “Quality First”, “Quality Precedes”, and “Quality Always.” Under such operational principles, Rechi Precision commits itself to prioritize on safety and environmental protection. Today, the company possesses a fine quality enterprise culture of teamwork, harmony, enthusiasm, spontaneity, pursuit of excellence, and thoroughness in implementation. Starting 2001, Rechi Precision takes on the business core to pursue global competitiveness and is actively engaged in vertical integration through setting up of production bases in Mainland China. With continued development of new products and innovative technologies, plus with the persistent belief in Superb Quality, revenue in the recent 5 years has quickly tripled, making itself a renowned compressor manufacturer with a recognized brand and global sales. Rechi Precision persistently commits itself toward its sacred mission of “accomplishing a globally renowned first-class suppliers chain of the compressor industry” and actively constructs the core strengths of “Core Talents, Core Technologies, Core Products” so that the enterprise may win surprise victories in the developed markets and non-developed markets, to realize its future vision.

Headquarters
No. 943, Cheng Kung Road, Sec.2 Kuan Yin Hsiang
Taoyuan City; Taoyuan City;

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Website: http://www.rechi.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 19, 1989
Key Executives
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Chairman
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Senior Vice President
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General Manager
Ownership Details
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27.36%
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4.56%
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4.51%
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0.82%
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Subsidiaries
Rechi Holdings Co., Ltd. (United States)
100%
瑞展投資股份有限公司
100%
瑞展動能股份有限公司
65.65%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
32.13%
Total operating revenue
32.66%
Operating profit (EBIT)
71.63%
EBITDA
17.67%
Net Profit (Loss) for the Period
56.31%
Total assets
21.8%
Total equity
5.01%
Operating Profit Margin (ROS)
1.67%
Net Profit Margin
0.86%
Return on Equity (ROE)
1.81%
Debt to Equity Ratio
65.59%
Quick Ratio
-0.34%
Cash Ratio
-0.19%

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