BUIMA Group's performance before IPO
F-Chongyou (5543-TW) finalized the first cabinet on May 9th, benefiting from the policy effect of China's 13th Five-Year Plan to drive the rapid growth of metal ceiling and compartment wall demand. The legal person estimates that this year's operation will rewrite the new high. Record, revenue growth of 15%.
F-BUIMA's three major metal building materials include: ceiling keels, ceilings and compartment walls, all of which are sold to more than 60 countries worldwide under the brand names "Buima" and "Syntex". In terms of revenue share, major markets such as Europe, Asia and China accounted for 50.19%, 3.77% and 46.42% respectively. As Chongyou Metal Building Materials products are taking high-end process routes, they have many R&D patents such as fire prevention, earthquake resistance, prevention of falling off and three-dimensional suspension, and provide highly customized product demand for different industry customers, which will drive up the gross profit margin.
The annual production capacity of F-BUIMA ceiling keel is 60 million meters, which is equivalent to the total length of the two circles of the earth. A total of 18 automated production lines also make Chongyou the largest capacity in China. Since 2005, it has strategic alliance with OWL Group (Odenwald Faserplattenwerk GmbH), the world's third largest and largest mineral wool board factory in Europe. OWA produces mineral wool board and Chongyou ceiling keel integrated into a full set of ceiling building materials, which are marketed all over the world. More than 60 national markets create consistently bright sales performance every year. In recent years, with the gradual improvement of building materials safety awareness, the sales of high-end ceiling keel products, such as fire protection and earthquake resistance, have increased significantly to 70%, which is one of the main reasons for the continued rise in gross profit margin.
F-BUIMA's annual revenue for the year of 2015 reached 1.17 billion (New Taiwan dollars). With the 13th Five-Year Plan, it is planned to include advanced building materials and new materials in the next stage of key development industries. F-Chongyou's three main metals Building materials products are expected to benefit and will help maintain a high level of growth in overall operations in the future. At the end of last year, the project of Indonesia's Jakarta Airport was undertaken. The first quarter of this year has gradually begun to recognize. The orders for new hospitals will be stable and the results will be stable from the second half of the year. The legal person estimates that this year's operation will rewrite the new record and the revenue will grow by 15%.