Taiwan's first functional moisture-permeable waterproof fabric company listed

The largest professional manufacturer of functional moisture-permeable waterproof fabrics in Taiwan, Polytex (4429-TW), held a pre-statutory corporate briefing on October 14th, and stipulated that (40) per share Yuan officially listed and became Taiwan's first functional moisture-permeable waterproof fabric professional cabinet company.

In the first half of this year, driven by the significant increase in shipments of high-margin protective clothing, clothing, and medical materials, the after-tax net profit per share reached 2.89 yuan, which was close to the profit for the entire year. The legal person stated that the off-season is not thin in the second half of this year, and that the government's subsidy has been used to estimate the net profit per share after tax for the whole year is 5 yuan.

Polytex currently has a paid-in capital of 244 million yuan, with revenue of 517 million yuan in the first half of this year, a net profit after tax of 70.61 million yuan, and a net profit of 2.89 yuan per share after tax, creating a record high for the company with a gross margin of 22%; 8 The monthly revenue was not weak during the off-season, and with the government's assistance, the performance continued to record a new high, with revenue of 71.36 million yuan, a growth of 51.61% over the same period of last year, and a total of 644 million yuan from January to August. It increases by 19.23% annually.

Poly Spinning was established in 1999 as Taiwan's first wet micro-porous coating processing technology and bonding technology company. The company's wet coating technology is the industry leader, and the moisture permeability of the product has reached Japan's TorayEntrantGII (Wet Micro, worldwide The highest quality index of the porous coating product) is comparable to Gore-Tex's processing properties and soft touch. The main customers of Polytex are concentrated in the top 50 international outdoor brand distributors, including TheNorthFace, Columbia, HellyHansen, Patagonia and JackWolfskin.

At the present stage, the ECFA concept stocks are getting hot in the hot market. Poly-spinning is not only a blessing for the subject matter of ECFA, but also due to the appreciation of Japanese currency, the benefit of Japan's moisture-permeable and waterproof processing, which makes poly-spinning more profitable in the second half of the year. The textile industry that has been quiet for 20 years has quietly launched a 10-year journey in gold. The legal person estimates that the growth momentum of poly-spinning in the next three years can reach 30%-50%, which is currently underestimated at the current P/E ratio, and does not rule out the listing of poly-spinning cabinets. After the opportunity to launch a wave of honeymoon. Recently, a 2009 market survey announced by the Japan Chemical Fiber Association (JCFA) revealed that the output of Japan's chemical fiber decreased, and it is predicted that the output of China and India will increase.

The survey shows that Japan’s total chemical fiber production will decline by 6% in 2009 compared to the previous year, creating the lowest level of history. The total output of Japan's nylon filament fiber, polyester, and acrylic fiber fell to 68.20 million tons. Nylon and polyester production in 2009 decreased by 34% and 33% respectively from the previous year.

The demand for fibers in the world market will grow. The association predicts that the consumption of chemical fiber will reach 53.95 million tons in 2015, an increase of 24% from the output of 43.51 million tons in 2008. The growth rate in China and India will be the highest in the world.