Hsin Yung Chien Co., Ltd.

Taiwan Stock Exchange 2114.TW

Hsin Yung Chien Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 42.31%

Hsin Yung Chien Co., Ltd. Gross Profit Margin is 42.31% for the year ending December 31, 2023, a -7.23% 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.
  • Hsin Yung Chien Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 45.61%, a 8.23% change year over year.
  • Hsin Yung Chien Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 42.14%, a 1.21% change year over year.
  • Hsin Yung Chien Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 41.63%, a 13.55% change year over year.
  • Hsin Yung Chien Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 36.66%, a 5.58% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Taiwan Stock Exchange: 2114.TW

Hsin Yung Chien Co., Ltd.

CEO Mr. Ji You Lin
IPO Date Dec. 31, 2007
Location Taiwan
Headquarters No. 294, Nangang 3rd Road
Employees 111
Sector Industrials
Industries
Description

Hsin Yung Chien Co., Ltd. manufactures and sells rubber conveyor belts, rubber sheets, and hot-pressing cushion pads and composite materials in Taiwan and internationally. The company's product portfolio includes straight warp, light duty, Chevron, Kevlar, and steel cord conveyor belts; specialty conveyor belts include heat, oil, flame, abrasion, cold, and chemical resistant conveyor belts; and pipe, rip stop, side wall, and EP/NN conveyor belts, as well as seal belts and bucket elevator belts under the KING brand. Its conveyor belts are used in a range of applications comprising mining, steel, aviation, agriculture, logistics, and pier automatic production. The company also provides electronic level hot and solar panel pressing cushion pads under the Silieet brand name. In addition, it offers composite materials for car parts, bicycle parts, and customer goods under the NEWsheet brand name. The company was formerly known as Hsin Yung Chien Industrial Co., Ltd. and changed its name to Hsin Yung Chien Co., Ltd. in 2003. Hsin Yung Chien Co., Ltd. was founded in 1964 and is based in Nantou City, Taiwan.

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StockViz Staff

January 15, 2025

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