Executive Summary
The world’s leading new chemical materials company, focusing on the research, production, sales and service of high-performance new materials. Head office located in Guangzhou, China
- Industry：Kingfa is mainly engaged in the research and development of new chemical materials and the modified plastics. The company is in the leading position of plastic products industry.
- Product：Kingfa offering five major categories: the dominate category is modified plastic, followed by fully biodegradable plastic, special engineering plastic, high-performance carbon fibre and composite, and environmental-friendly recycled plastic. They focus on independent innovation and product development with proprietary IP.
- Market: Kingfa accounts for 20% market share in China. Their products have been exported to more than 130 countries. Kingfa has 41 subsidiaries, with R&D and manufacturing facilities based in South Asia, North America and Europe etc.
Company Performance
Source: www.eastmoney. com
Investment Performance
Sector Allocation
Financial analysis
Semi-Annual report (27th Aug 2018); Operating income ¥11.958 billion, Net Profit ¥351 million (increase of 8.1% and 46.5% compared to last period). Sales Revenue of modified plastics was ¥8.42 billion, accounting for 70% of the total operating income.
Characteristics of the Chemical Materials Company
The total production capacity of Kingfa ranks first in China and it has large demand from downstream industries. The products are widely used in different industries, including automobiles, household appliances, modern agriculture, rail transit, aerospace, new energy, telecommunications, electrical and architectural industry.
- Modified plastic
- Biodegradable Plastic
- Special Engineering Plastic
Global expansion in Automotive Sector
- India Kingfa
- US Kingfa
- Europea Kingfa
Potential Cautions for the Industry
- Systemic Risk
- Environmental Risk
- Industry
