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Qifeng New Material Co., Ltd. (China)

Main Activities: Converted Paper Product Manufacturing
Full name: Qifeng New Material Co., Ltd. Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Qifeng New Material Co., Ltd. is a leading company in the domestic decorative paper industry, specializing in high-end decorative paper technology. It is recognized by the Ministry of Science and Technology as a backbone enterprise in the national new material industrialization base. The company also has the Shandong Provincial High-end Decorative Paper Engineering Technology Research Center, which is recognized by the Shandong Provincial Department of Science and Technology, and is the only decorative paper academician workstation in China. The company is known for its strong technical capabilities. The main focus of Qifeng New Material Co., Ltd. is the research, production, and sales of high-end decorative paper. Decorative paper is a type of industrial specialty paper used primarily for the surface decoration of various artificial boards such as fiberboard and particle board. It is an excellent environmentally friendly material that replaces plastic and wood with paper. It is widely used in high-end architectural decoration and home decoration in hotels, shopping malls, office buildings, entertainment venues, and large venues. Currently, the company holds several core invention patents and appearance design patents for its independently developed colored veneer paper for artificial board veneers, printed veneer paper for artificial board veneers, and surface wear-resistant paper for artificial boards.

Headquarters
No. 22, Zhutai Road, Zhutai Town, Linzi District, Zibo City, Shandong Province
Zibo; Shandong; Postal Code: 255432

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Website: http://www.qifeng.cn

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:
June 25, 2001
Key Executives
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Director
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General Manager
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Deputy General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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16.31%
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5.69%
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3.4%
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3.14%
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1.97%
Subsidiaries
Guangxi Qifeng New Materials Co., Ltd.
100%
Qifeng New Materials Hong Kong Co., Ltd.
100%
Shandong Boxing Ouhua Special Paper 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
-5.97%
Total operating revenue
-6.09%
Operating profit (EBIT)
-36.11%
Net Profit (Loss) for the Period
-32.03%
Total assets
3.38%
Total equity
2.38%
Operating Profit Margin (ROS)
-2.32%
Net Profit Margin
-1.61%
Return on Equity (ROE)
-1.46%
Debt to Equity Ratio
1.88%
Quick Ratio
-0.21%
Cash Ratio
-0.04%

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