Zhejiang Taihua New Material Co., Ltd. logo

Zhejiang Taihua New Material Co., Ltd. (603055)

Market Closed
12 Dec, 06:57
SSE SSE
¥
8. 92
-0.07
-0.78%
¥
9.85B Market Cap
- P/E Ratio
0.64% Div Yield
3,593,189 Volume
- Eps
¥ 8.99
Previous Close
Day Range
8.91 9.01
Year Range
8.42 12.22
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Summary

603055 closed Friday lower at ¥8.92, a decrease of 0.78% from Thursday's close, completing a monthly decrease of -2.73% or ¥0.25. Over the past 12 months, 603055 stock lost -19.42%.
603055 is not paying dividends to its shareholders.
The last earnings report, released on Apr 30, 2025, exceeded the consensus estimates by 0%. On average, the company has surpassed earnings expectations by 0%, based on the last three reports.
Zhejiang Taihua New Material Co., Ltd. has completed 1 stock splits, with the recent split occurring on Jun 11, 2019.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on SSE (CNY).

603055 Chart

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Zhejiang Taihua New Material Co., Ltd. (603055) FAQ

What is the stock price today?

The current price is ¥8.92.

On which exchange is it traded?

Zhejiang Taihua New Material Co., Ltd. is listed on SSE.

What is its stock symbol?

The ticker symbol is 603055.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.64%.

What is its market cap?

As of today, the market cap is 9.85B.

Has Zhejiang Taihua New Material Co., Ltd. ever had a stock split?

Zhejiang Taihua New Material Co., Ltd. had 1 splits and the recent split was on Jun 11, 2019.

Zhejiang Taihua New Material Co., Ltd. Profile

Textiles, Apparel & Luxury Goods Industry
Consumer Discretionary Sector
Mr. Wei Feng Shen CEO
SSE Exchange
CNE100002VM2 ISIN
CN Country
5,758 Employees
- Last Dividend
11 Jun 2019 Last Split
- IPO Date

Overview

Zhejiang Taihua New Material Group Co., Ltd. is a prominent enterprise focused on the innovative development and production of various functional fabrics. Founded in 2001 and headquartered in Jiaxing, China, the company has dedicated itself to the creation of environmental protection and health, outdoor sports, special protection, and other functional textiles. Utilizing advanced research and development, along with sophisticated spinning, weaving, dyeing, and finishing processes, Zhejiang Taihua serves a wide range of industries, including military and aerospace sectors. Apart from its significant presence in the People's Republic of China, the company has extended its reach globally through exports, cementing its position as a key player in the fabric manufacturing industry.

Products and Services

Zhejiang Taihua New Material Group Co., Ltd. boasts a diverse portfolio of products and services, highlighted by its commitment to innovation and environmental sustainability.

  • Cool Fabrics: These fabrics are designed to offer unparalleled comfort in warm environments by enhancing airflow and heat dissipation, making them ideal for both outdoor sports and casual wear.
  • Antibacterial Fabrics: With a focus on hygiene and health, these fabrics are treated to prevent the growth of bacteria, ensuring the material remains odor-free and safe for skin contact over prolonged periods.
  • Hygroscopic and Sweat Releasing Fabrics: Engineered to efficiently absorb moisture and release it to the environment, these fabrics keep the wearer dry and comfortable during intense physical activity or in hot climates.
  • Recycled Environment-friendly Fabrics: Demonstrating a commitment to sustainability, these fabrics are produced from recycled materials, reducing waste and environmental impact without compromising on quality or performance.
  • Nylon Mechanical Stretch Fabrics: Offering a combination of durability and flexibility, these fabrics utilize the mechanical properties of nylon to provide stretch without the need for elastane, making them suitable for a wide range of applications from sportswear to everyday apparel.
  • Air Textured Fabrics: By employing a texturing process to nylon yarns, these fabrics achieve a unique tactile quality and visual appeal, alongside improved comfort and aesthetic versatility.
  • Dope Dyed Yarns: This coloring process adds pigments to the polymer melt before yarn extrusion, resulting in vibrant colors that are more resistant to fading and less harmful to the environment compared to traditional dyeing methods.
  • Nylon Filaments and Grey Fabrics: As foundational materials for further processing and customization, these products offer flexibility and a broad range of applications in various textile manufacturing processes.
  • Functional Finished Fabrics: Tailored to meet specific performance requirements, these fabrics are finished with coatings or treatments that enhance their utility in military, aerospace, and other industrial applications.

Additionally, Zhejiang Taihua New Material Group Co., Ltd. participates in the trading of finished nylon fabrics, enabling a comprehensive service offering that meets the diverse needs of its customer base.

Contact Information

Address: No. 113, Meibei Road, Jiaxing, China, 314011
Phone: 86 57 38325 2666