 2015-11-05 |
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[Reporter Zhang Huiwen / Taipei Report] YC (4306) Group held a ceremony yesterday (4th) to mark the completion of its new headquarters building and the company’s anniversary celebration. President Li Zhixian stated that since its founding in 1978, YC Group has grown from the smallest tape factory into the most vertically integrated tape manufacturer globally and one of the largest producers of PVC and OPP tapes in the world. The group expects to achieve more than 10% revenue growth next year, with the stock price opening at a high of NT$12.25.
During the same event, President Li Zhixian emphasized that after nearly 40 years of effort, YC has become the most vertically integrated tape manufacturer globally and one of the largest producers of PVC and OPP tapes. The group anticipates over 10% revenue growth next year.
Achem (1715) Chairman Lin You-sheng, one of YC Group's subsidiaries, stated that Achem currently holds the top position in global OPP tape production and the second position in PVC tape production. The company plans to actively promote the integration and enhancement of R&D and sales capabilities, accelerating the expansion and development of new product lines. It is estimated that the annual production capacity for OPP tape will reach 2.87 billion square meters, and for PVC tape, 270 million square meters, with an expected growth of 15% next year. Analysts estimate that Achem's earnings per share (EPS) will be NT$0.7-0.8 this year, with the potential to return to NT$1 next year.
Shin Kong Global Chairman Jiang Wen-rong noted that after adjusting the layout of its locations in China, the company's overall operational performance has significantly improved. For future expansion, the packaging materials division will focus on the tourism packaging needs in the central and southern regions of Taiwan, as well as the Hualien and Taitung areas. The cloud information business will target the food, chemical, and pharmaceutical industries for information platform alliances. In China, the "Packaging Master" division will actively establish service points in economic development zones such as Shanghai, Jiangsu, Liaoning, Henan, Sichuan, Guangdong, and Fujian. Over the next five years, revenue is expected to multiply, with a 20% revenue growth target estimated for next year. Analysts believe that Shin Kong Global's EPS could reach NT$1.8 this year and is expected to reach NT$2 next year.
As for YC Group, in addition to contributions from Achem Chemical and Shin Kong Global, there will be real estate projects ready for phased revenue recognition in the first quarter of next year. Additionally, the business hotel will begin trial operations next year. Therefore, the group’s overall revenue growth rate is estimated to reach 10% next year. |
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