Xingfu Electronics focuses on wet electronic chemicals business
Posted: Mon Jan 20, 2025 10:59 am
As the special actions to rectify the industry gradually come to an end, the follow-up will enter the normalization stage. At the same time, public hospital bidding activities and the pace of new product promotion will gradually resume in the second half of 2024. In addition, with the launch of second-generation products, the company expects to achieve Operating income was 374 million yuan, a year-on-year increase of 14.54%, and net profit was 127 million yuan, a year-on-year increase of 9.74%.
During the reporting period, Chaoyan's comprehensive gross profit margins were 66.71%, 67.71%, 69.32% and 69.15% respectively, which remained at a relatively high level. However, the company has many types of raw materials, and fluctuations in raw material purchase prices will have a certain impact on costs. In particular, the company's main raw material, integrated circuits, mainly relies on imports.
It is worth noting that the company has paid dividends multiple times from 2019 to 2022, with the cumulative dividends in four years reaching 345 million yuan.
In addition, the main sales area of Chaoyan Co., Ltd. is in canada whatsapp number data China, and some products are also sold to Europe, the United States, Japan, South Korea, Russia, Brazil, Mexico, Turkey, India and other countries and regions. During the reporting period, the company's export sales accounted for 39.10%, 51.20%, 57.75% and 57.19% of the current main business income respectively. The export business mainly uses US dollars, euros, etc. as settlement currencies, and there is the risk of exchange rate fluctuations.
performance shows a growth trend
The full name of Xingfu Electronics is "Hubei Xingfu Electronic Materials Co., Ltd.". It was established in 2008 and is one of the earliest domestic companies engaged in the wet electronic chemicals business.
At present, Xingfu Electronics has developed a total of 60 functional wet electronic chemical products in 5 categories: etching fluid, cleaning agent, developer, stripping fluid and regenerant according to different customer needs.
During the reporting period, Chaoyan's comprehensive gross profit margins were 66.71%, 67.71%, 69.32% and 69.15% respectively, which remained at a relatively high level. However, the company has many types of raw materials, and fluctuations in raw material purchase prices will have a certain impact on costs. In particular, the company's main raw material, integrated circuits, mainly relies on imports.
It is worth noting that the company has paid dividends multiple times from 2019 to 2022, with the cumulative dividends in four years reaching 345 million yuan.
In addition, the main sales area of Chaoyan Co., Ltd. is in canada whatsapp number data China, and some products are also sold to Europe, the United States, Japan, South Korea, Russia, Brazil, Mexico, Turkey, India and other countries and regions. During the reporting period, the company's export sales accounted for 39.10%, 51.20%, 57.75% and 57.19% of the current main business income respectively. The export business mainly uses US dollars, euros, etc. as settlement currencies, and there is the risk of exchange rate fluctuations.
performance shows a growth trend
The full name of Xingfu Electronics is "Hubei Xingfu Electronic Materials Co., Ltd.". It was established in 2008 and is one of the earliest domestic companies engaged in the wet electronic chemicals business.
At present, Xingfu Electronics has developed a total of 60 functional wet electronic chemical products in 5 categories: etching fluid, cleaning agent, developer, stripping fluid and regenerant according to different customer needs.