Tujie reporter learned on May 17 that Nanbao Resin Chemical Factory Co., Ltd. was officially listed on the Taiwan Stock Exchange on November 28, 2018 at NT$76.8 per share, with the stock code: 4766.
Taiwan Stock Exchange data shows that Nanbao Resin’s operating income in 2018 was NT$16.032 billion, approximately RMB 3.5798 billion, a year-on-year increase of 9.69%; operating profit was NT$901 million, a year-on-year decrease of 24.48%; net profit before tax NT$1.036 billion, a year-on-year decrease of 10.77%. Basic earnings per share were NT$6.15, a year-on-year decrease of 25.18%. (Exchange rate: NT$1 = RMB 0.22329)
According to the performance report, Nanbao Resin’s sales revenue in 2017 was NT$14.6 billion, of which: shoe materials, adhesives, coatings , construction and other business sales revenue respectively accounted for 40.9%, 33.2%, 12.5%, 13.4%. Based on the proportion of each business last year, Nanbao Resin's coating business in 2018 is expected to be NT$2 billion, approximately RMB 446.6 million.
Nanbao Resin’s sales proportion by region and business segment in 2017
Nanbao Resin’s founder, Mr. Huang Tang Qingyun, founded the Nanbao dyeing and finishing factory in 1953 to produce the original dyes for synthetic resin . In 1963, it was changed to Nanbao Resin Chemical Factory Co., Ltd. With the continuous expansion of its business scale, Nanbao Resin began to expand its business overseas in 1987, establishing Tainanbao Resin Chemical Co., Ltd., and subsequently established production bases in mainland China, Indonesia, Vietnam, and other places. Currently, the company has 20 production bases in 7 countries and regions (mainland China has four major factories in Kunshan, Fuqing, Dongguan and Foshan), and its business scope covers 50 countries and regions. It has about 3,000 employees.
At present, Nanbao resin products include adhesives, shoe materials, coatings, special chemicals, hot melt adhesives, , etc. Among them, the coating products cover architectural coatings, wood coatings, floor coatings, heavy anti-corrosion coatings , Waterproof coating , coatings for electronic products, industrial coatings, metal coatings, etc., the products are used in furniture, auto parts, home appliances, construction, agricultural machinery and other fields.
Nanbao Resin stated that in order to drive Nanbao’s growth in the next five years, many new products are being born from our R&D department, including water-based industrial coatings, water-based nano resin coatings (products will be launched on the market in 2019), building materials (waterproof coatings, Floor paint, etc.), carbon fiber composite materials , etc. (Tu Jie)
