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

Main Activities: Forging and Stamping
Full name: China Fineblanking Technology Co., Ltd. Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

"1.Established in 81/11, China Fineblanking Technology Co., Ltd. is mainly engaged in manufacturing metal stamping parts, mainly used in hard drives and automotive fields. To serve our customers, CFTCPRECISIONSDNBHD was established in Malaysia in 1991. In order to reduce costs, CFTCPRECISIONSDNBHD reinvested China JiaXin and Xinjingchong Technology through CHINAFINEBLANKINGINT ' LCO. The company landed on GreTai in Nov. 1998. 2. 2. Business class and background: A. the main controller is chairman Cai Wenzhen (holding 2.7%), director Qiu Sen Yu (holding 3.95%) and Qiu Dong He (holding 2.2%) and Hongyuan investment company (Qiu Sen Yu, chairman, holding 7.8%). B. Besides Venture Banks such as Xiyi Assets Management holds 6.91% stake, China Development Industrial Bank holding 12.88%, ZhongYang Special-Chance Venture Investment holding 13.6%, Asia Business Link Asia Pacific Fund holdings 14.28% .3 The main products and the industry: The company mainly produces the metal stamping parts, mainly used in consumer electronics products (such as hard drives), and the steam locomotive industry. The main competitors are: Mingyi Technology, Singapore Shangxianghe technology, Zhixing Jingji, etc. The major customers during the first half are too concentrated. The proportion of the products: the hard disk drive components (accounting for 87.94%), automobile spare parts accounting for 5.93%. The products are mainly supplied to MMI Group, Singapore (75%) and Hong Kong SAE (SAEMAGNETICS (HK) LIMITED. The main production bases are Jiaxin of China and Xinjingchong Technology. "

Headquarters
No. 40, Xinggong Rd., Shengang Township
Changhua County; Changhua County;

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Website: http://www.cftc.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
November 09, 1992
Key Executives
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Chairman
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Vice President
Ownership Details
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6.71%
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6.45%
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2.33%
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1.64%
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Subsidiaries
Cftc Precision Sdn. Bhd. (Malaysia)
100%
China Fineblanking Group Co., Ltd. (China)
100%
Company Performance
Financial values in the chart are available after China Fineblanking Technology Co., Ltd. report is purchased.
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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
-9.02%
Total operating revenue
-7.79%
Operating profit (EBIT)
-114.17%
EBITDA
-39.61%
Net Profit (Loss) for the Period
N/A
Total assets
-4.61%
Total equity
-5.38%
Operating Profit Margin (ROS)
-1.11%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
31.39%
Quick Ratio
0.39%
Cash Ratio
0.13%

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