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Hangzhou First Applied Material Co., Ltd. (China)

Main Activities: Semiconductor and Other Electronic Component Manufacturing
Full name: Hangzhou First Applied Material Co., Ltd. Profile Updated: December 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Hangzhou First Applied Material Co., Ltd. is a provincial-level high-tech enterprise specializing in the research and production of photovoltaic encapsulation materials. The company's main business is the development, production, and sales of EVA solar cell films, copolyamide mesh hot melt films, and solar cell backboard products. They provide top-quality products and excellent services to photovoltaic module manufacturers and have established deep supply cooperation relationships with numerous globally renowned photovoltaic companies. The company is a key high-tech enterprise of the National Torch Program and a "Hangzhou Large Enterprise Group." It ranked second on Forbes' "China Potential Enterprise List" in 2011. Hangzhou First Applied Material Co., Ltd. is a leading company in the field of EVA solar cell films in China, and their independently developed hot melt mesh films and solar cell backboard products hold advantageous positions in the market. Their products have been included in the National Torch Program and the National Key New Product Program, and have received the first prize for "Zhejiang Province Excellent Industrial New Products and Technologies." The company's vision is to become a globally recognized, technology-oriented, excellent enterprise with brand advantages and sustainable innovation and development. On April 22, 2017, the company changed its name from "Hangzhou Foster Photovoltaic Materials Co., Ltd." to "Hangzhou Foster Applied Materials Co., Ltd."

Headquarters
No. 8, Foster Street, Jinbei Street, Lin'an District, Hangzhou City, Zhejiang Province
Hangzhou; Zhejiang; Postal Code: 311300

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Website: http://www.firstpvm.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 12, 2003
Key Executives
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Director
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Director
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Director
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Director
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Deputy General Manager
Ownership Details
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48.45%
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13.46%
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4.55%
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1.25%
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1.05%
Subsidiaries
Beijing Juyi Huishun Energy Technology Co., Ltd.
100%
Beijing Juyi Jincheng Energy Technology Co., Ltd.
100%
Foster (Anji) New Materials Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-8.86%
Total operating revenue
-9.22%
Operating profit (EBIT)
-10.94%
Net Profit (Loss) for the Period
-12.2%
Total assets
-1.06%
Total equity
9.28%
Operating Profit Margin (ROS)
-0.22%
Net Profit Margin
-0.32%
Return on Equity (ROE)
-1.85%
Debt to Equity Ratio
-8.49%
Quick Ratio
3.73%
Cash Ratio
1.38%

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