Acrylic Product Customization
Overview of 2024 China Acrylic Industry Listed Companies
In the acrylic industry, several companies stand out for their contributions and financial performance. Let’s delve into their recent activities and market standings.
Tiansheng New Materials: Financial Insights On December 11th, Tiansheng New Materials reported a net fund outflow of 19.8867 million yuan. Despite a challenging year with a -23.17% revenue decrease, the company maintains a gross margin of 14.19%. Their subsidiary, Changzhou Haotian New Material Technology Co., Ltd., is recognized for its 5G optical film materials and acoustic damping films, which have been supplied to well-known mobile phone brands.
Kesun Technology: Technological Advancements Kesun Technology, a high-tech enterprise, saw a main force net inflow of 8.0515 million yuan on December 11th. With a price-to-earnings ratio of 1.48, the company faced a 17.44% decrease in operating income in 2022, yet maintained a 14.58% gross margin. Kesun Technology excels in core technologies for metal and acrylic materials processing in mobile devices and medical surgical instruments.
Dio Home Furnishings: Quality Focus Dio Home Furnishings ensures the quality of acrylic panels by owning a subsidiary dedicated to their production since October 2009. The company’s price-to-earnings ratio is -1.7, with a 33.11% decrease in operating income in 2022, but a gross margin of 17.55%.
Huali Shares: Market Performance Huali Shares experienced a main force net outflow of 72.7587 million yuan on December 11th. Despite a high price-to-earnings ratio of 201.6, the company’s operating income decreased by 33.33% in 2022, with a gross margin of 18.48%.
Conclusion The listed companies in the acrylic industry are facing various financial challenges. However, they continue to innovate and integrate within the industry, playing a vital role in shaping the future of acrylic materials and their applications. As they navigate through these challenges, their contributions to technology and quality assurance remain significant.