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Chitec Technology Co., Ltd. (Taiwan, China)

Main Activities: Other Chemical Product and Preparation Manufacturing
Full name: Chitec Technology Co., Ltd. Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

In January 13th 1998, Chitec Technology Co., Ltd. was established. In the same year, it launched the first branch Chisorb971, which is dedicated to the PU plastic UV absorbers, and successfully produced and sold. In 1999, the company developed patented product antioxidants Chinox850. In 2000, it put into the R & D of photo initiators. Then by the end of the year, it got 173,184,107, ITX, EPD and other products, using Chivacure as brand name for this series mainly to the U.S. market. It entered the world stage, and co-signed with the various agents, including Maroon and Lintech U.S. agents, Tartan Color Canadian agents and Ipiranga as Brazil agent in South America. In 2001 it passed the ISO9001 quality certification. In the same year, as the company's European regional agent, COMEXIM was set up. In the same year, as Chairman and General Manager, Qu Qing Fan was awarded the Outstanding Business Manager Award in Taipei County Industrial Association and the Youth Innovation Research Award of World Chinese Business and Chemistry Seminar.

Headquarters
16F, No. 51, Sec. 2, Keelung Rd., Xinyi Dist
Taipei City; Taipei City;

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Website: http://www.chitec.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 1998
Key Executives
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Chairman
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Director/Member of the Board
Ownership Details
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7.05%
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4.33%
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0.02%
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Subsidiaries
Chitec Technology (Samoa) Limited (Samoa)
100%
Chltec Technology Company Limited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
18.31%
Total operating revenue
18.43%
Operating profit (EBIT)
38.66%
EBITDA
11.12%
Net Profit (Loss) for the Period
43.06%
Total assets
10.63%
Total equity
9.27%
Operating Profit Margin (ROS)
2.1%
Net Profit Margin
2.22%
Return on Equity (ROE)
2.1%
Debt to Equity Ratio
4.53%
Quick Ratio
-0.18%
Cash Ratio
-0.19%

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