Nylon Production Enterprise Exhibition Shares Plan To Be Listed Next Year

Since the beginning of this year, the company has adjusted its product strategy to increase the proportion of nylon yarn revenue with higher gross margin from 48% to 55%, more than the share of chips.

It is estimated that, with profit from the main industry, the company's net profit after tax can reach 466 million yuan this year, and EPS (earnings per share) may reach 3.52 yuan.

Zhan song company is located in Taichung city. The factories in Taiwan include three factories, Zhushan nylon factory, Dou Liu polymerization plant and Dou 6 polyamide factory. The annual output is 95 thousand tons sliced, 67 thousand and 100 tons of nylon 6 raw silk, 4000 tons of nylon 66 raw silk, 4000 tons nylon processing yarn.

The original slicing and nylon raw silk accounted for 48% of the company's revenue. However, this year's production of 1200 tons of raw silk production line increased by 1 months, the proportion of nylon yarn revenue increased to 55%, slicing was 40%, and the remaining 5% were processed wire.

Exhibition said that next year is expected to further expand a 600 ton / month raw silk production line.

In Taiwan, Li Peng and Ji Sheng, which also have the strength in the nylon industry, all use nylon chips as the main products.

It is good for nylon to have the unique properties that polyester does not have.

Although its price is high, it is irreplaceable, and it is the core product to enhance the company's operation level in the future.

Our products are mainly domestic products.

The price of nylon products is greatly influenced by the upstream raw material CPL (caprolactam).

Compared with other businesses, CPL has bought more than 8 of its products from Europe and America. It has been purchased from Sinopec Taiwan. There is no shipping schedule and inventory problems.

In the first half of this year, exhibition revenue was 3 billion 829 million yuan, net profit after tax was 170 million yuan, EPS was 1.29 yuan, surpassing the EPS1.28 yuan of last year.

In October, the company's revenue reached 877 million yuan, an annual increase of 107% and a monthly increase of 28.28%, the highest level this year.

In the November and December orders, the fourth quarter operation is good.