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Henglin Home Furnishings Co.,Ltd (China)

Main Activities: Furniture and Related Product Manufacturing
Full name: Henglin Home Furnishings Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Henglin Home Furnishings Co., Ltd is a national high-tech enterprise located in Huzhou. It was established in 1998 and listed on the A-share main board in 2017. The company specializes in the research, production, and sales of health seating furniture and household furniture products, including office chairs, sofas, and massage chairs. With a registered capital of 139.1 million yuan and a total area of approximately 1,600 acres, Henglin Home Furnishings is a leading domestic developer of health seating furniture and one of the largest manufacturers and exporters of office chairs in China. It has been the top exporter in the office chair industry for 13 consecutive years, with an annual sales revenue of approximately 6.5 billion yuan. The company's products are exported worldwide, and its stock code is 603661. In 2019, Henglin Home Furnishings acquired LO, a Swiss company and the top-ranked high-end system office furniture brand in Switzerland. In 2021, the company acquired Chu Boshi, which specializes in the business of home kitchen cabinets, bathroom cabinets, wardrobes, wooden doors, and airport equipment counters. In 2022, Henglin Home Furnishings acquired Yongyu Home, which focuses on the research, production, and sales of home products such as SPC, VSPC, PVC flooring, wall panels, and bamboo furniture.

Headquarters
378/380 Jiaxi R. Dipu Sub-District Anji Co. Huzhou Zhejiang
Huzhou; Zhejiang; Postal Code: 313300

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Website: http://www.henglin.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 03, 1998
Key Executives
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Chairman of the Supervisory Board
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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
Ownership Details
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59.44%
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11.33%
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3.44%
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0.87%
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0.77%
Subsidiaries
Anhui Xinnuo Furniture Co., Ltd.
100%
Anji Hengyou Technology Co., Ltd.
100%
Dongguan Doctor Chef Home Furnishing 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
24.74%
Total operating revenue
24%
Operating profit (EBIT)
21.02%
EBITDA
21.58%
Net Profit (Loss) for the Period
29.49%
Total assets
19.99%
Total equity
12.86%
Operating Profit Margin (ROS)
-0.21%
Net Profit Margin
0.24%
Return on Equity (ROE)
1.3%
Debt to Equity Ratio
15.54%
Quick Ratio
0.08%
Cash Ratio
0%

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