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Yantai Zhenghai Magnetic Material Co., Ltd. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Yantai Zhenghai Magnetic Material Co., Ltd. Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Yantai Zhenghai Magnetic Material Co., Ltd. is a leading supplier of high-performance neodymium iron boron permanent magnetic materials in the field of new energy and energy conservation and environmental protection in China. The company's main business includes research and development, production, sales, and services of high-performance neodymium iron boron permanent magnetic materials. Their products are mainly used in the fields of new energy, energy conservation and environmental protection, as well as traditional VCM, mobile phones, and other consumer electronics. The company's products have obtained certifications such as ISO9001:2000 quality management system, ISO14001:2004 environmental system, ISO/TS16949:2009 automotive production parts and related maintenance parts organization quality management system, and ISO9001:2008 quality management system. The company adheres to the quality management policy of "prevention-oriented, systematic management, creating excellent quality, integrity-based, continuous improvement, exceeding customer expectations", and strives to create the highest quality neodymium iron boron permanent magnetic materials in China, surpassing international advanced technology and quality levels.

Headquarters
No. 9, Shantou Street, Economic and Technological Development Zone, Yantai City, Shandong Province
Shantou; Guangdong; Postal Code: 264006

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Website: http://www.zhmag.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:
April 06, 2000
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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General Manager
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Deputy General Manager
Ownership Details
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41.83%
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1.95%
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1.85%
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1.83%
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1.82%
Subsidiaries
Nantong Zhenghai Magnetic Materials Co., Ltd.
100%
Yantai Zhenghai Precision Alloy Co., Ltd.
100%
Zhenghai Magnetics Europe Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Yantai Zhenghai Magnetic Material Co., Ltd. report is purchased.
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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
-17.67%
Total operating revenue
-17.36%
Operating profit (EBIT)
-47.58%
Net Profit (Loss) for the Period
-48.91%
Total assets
-2.73%
Total equity
0.13%
Operating Profit Margin (ROS)
-3.15%
Net Profit Margin
-3.03%
Return on Equity (ROE)
-4.65%
Debt to Equity Ratio
-0.37%
Quick Ratio
-0.06%
Cash Ratio
-0.06%

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