Qifeng New Material Co., Ltd.

Shenzhen Stock Exchange 002521.SZ

Qifeng New Material Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 13.98%

Qifeng New Material Co., Ltd. Gross Profit Margin is 13.98% for the year ending December 31, 2023, a 78.00% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Qifeng New Material Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 7.85%, a -27.77% change year over year.
Qifeng New Material Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 10.87%, a -24.46% change year over year.
Qifeng New Material Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 14.39%, a 2.34% change year over year.
Qifeng New Material Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 14.06%, a 24.54% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Shenzhen Stock Exchange: 002521.SZ

Qifeng New Material Co., Ltd.

CEO	Mr. An Dong Li
IPO Date	Dec. 10, 2010
Location	China
Headquarters	No. 22, Qifeng Road
Employees	1,429
Sector	Materials
Industries Paper & Forest Products

Description

Qifeng New Material Co., Ltd. manufactures and sells decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to approximately 30 countries and regions. The company was formerly known as Shandong Qifeng Special Paper Co., Ltd. and changed its name to Qifeng New Material Co., Ltd. in September 2013. Qifeng New Material Co., Ltd. was founded in 1976 and is based in Zibo, China.

Key trends

Past 5 years