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Shandong Hiking International Co.,Ltd (China)

Main Activities: Textile Product Mills | All Other Miscellaneous Manufacturing
Full name: Shandong Hiking International Co.,Ltd Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Shandong Hiking International Co., Ltd. is a company located in Qingdao. The company's main products and services include textiles, aquatic products, ships, and tin materials. The company faces challenges due to factors such as global demand contraction, increased international trade frictions, domestic policy uncertainties, significant exchange rate fluctuations, and rising costs. These challenges have led to a decrease in prices for textile exports and aquatic product agency services, putting pressure on the company's operations. Additionally, the international market price decline of tin materials has increased the costs of the company's subsidiary, Xinhua Jin (Qingdao) Technology Materials Co., Ltd., resulting in a significant decrease in revenue and profit. To address these challenges, the company has taken proactive measures such as launching high-value-added export products, actively exploring new markets in South America and Africa, reducing overall labor costs, promoting innovation in domestic trade business through product structure adjustments, and collaborating with brand and e-commerce platform operators. These measures have ensured the stability of the textile export business. Meanwhile, the subsidiary, Qingdao Materials, has adjusted its product structure to increase the production of marketable varieties and expedited the certification process for new customers, preparing for sales expansion and the development of high-quality clients.

Headquarters
18 Qingleng Rd. Laoshan Dt. Qingdao Shandong
Qingdao; Shandong; Postal Code: 266101

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Website: http://www.hikinginternational.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:
March 20, 1989
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Independent Director
Ownership Details
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43.27%
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1.2%
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1.18%
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0.91%
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0.91%
Subsidiaries
AMM INDUSTRIES INC.
100%
American Huayue Co., Ltd.
100%
Haishundi (Cambodia) Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Shandong Hiking International 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
23.34%
Total operating revenue
23.23%
Operating profit (EBIT)
18.08%
EBITDA
13.03%
Net Profit (Loss) for the Period
23.7%
Total assets
2.97%
Total equity
-2.12%
Operating Profit Margin (ROS)
-0.41%
Net Profit Margin
0.02%
Return on Equity (ROE)
1.61%
Debt to Equity Ratio
1.14%
Quick Ratio
-0.11%
Cash Ratio
-0.22%

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