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Shanghai Huayi Group Corporation Limited (China)

Main Activities: Tire Manufacturing
Full name: Shanghai Huayi Group Corporation Limited 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

The company is well-known large-scale tire manufacturing, research and exports enterprise ranking top 500 large industrial enterprises. Company's core product is steel truck radial heavy duty tire, which is the state encouraged high-tech product. The company supplies tires to more than 30 auto makers including FAW, Chongqi, Volvo, Yutong, King Long. It also set up joint venture with the international tire giant Michelin to further enhance its competitive strength. The company owns well known brands of "Shuangqian" and "Huili" and products are currently sold abroad in more than 100 countries and regions. For years the company has been attaching efforts on restructuring and formed the multi-development mode of tire production as the main while expanding soap, battery and ink manufacturing as supplements.

Headquarters
809 Changde Road Shanghai
Shanghai; Shanghai; Postal Code: 200040

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Website: http://www.doublecoinholdings.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:
July 11, 1992
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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41.99%
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15.21%
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1.37%
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1%
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1%
Subsidiaries
Anhui Huayi Shengde Material Technology Co., Ltd.
100%
Double Coin Group Shanghai Tire Research Institute Co., Ltd.
100%
Double Coin Tire Group 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
57.76%
Total operating revenue
57.6%
Operating profit (EBIT)
149.2%
Net Profit (Loss) for the Period
215.48%
Total assets
5.56%
Total equity
2.67%
Operating Profit Margin (ROS)
1.27%
Net Profit Margin
1.75%
Return on Equity (ROE)
2.78%
Debt to Equity Ratio
13.14%
Quick Ratio
0.02%
Cash Ratio
0.02%

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