Ceramic coatings manufacturer Yi porcelain dragon in 2014 achieved a net profit of 10.98 million

China Coatings network
: April 15, Yi porcelain dragon (Shanghai Yi porcelain dragon new materials Co., Ltd.) officially disclosed the 2014 annual report. In 2014, the company achieved revenue of 57.7431 million and net profit of 10.9825 million, down 37.61 percent from a year earlier. 48%, reflecting the company's continuous improvement in management level has achieved remarkable results, management costs increased by 22.30% YoY, research and development investment increased by 25.65% YoY, for the targeted development of water-based
ceramic coatings
of new applications, such as building decoration boards, rail locomotives, cooking utensils coating, etc., so far, has achieved better research and development and application exhibition.
Cerome
coatings
manufacturer Yi porcelain dragon in 2014 net profit of 10.98 million
Yi porcelain dragon is the leading domestic ceramic coatings independent brand suppliers, the company's business is mainly inorient water-based ceramic coatings research and development, production and sales, because of the healthy, environmental protection, safety characteristics of products, in line with the trend of world environmental protection and China's industrial development direction, can be widely used in many of the temperature, weather resistance, non-toxic and other performance requirements of the application areas.
in the past three years, the company's main customers are concentrated in the cookware industry, especially in the European consumer market for household cookware. In 2014, the company's main business revenue declined, mainly due to cookware ceramic coating as a disruptive new green health and environmental protection products, after several years of sustained high-speed growth, gradually entered the normal development, although the overall scale of market use in 2014 did not change much, but competition intensified, retail prices fell, gross margin fell, gross margin remained at 52.84 percent in 2014, still in a high position.
Yi porcelain dragon said, Yi porcelain dragon's start and development so far, mainly concentrated in the cookware market, the single market is highly dependent on, is a major hidden danger, Yi porcelain dragon has been trying to find opportunities not to capture, open up new commercial applications of ceramic coatings market.
At present, the coating applied to cooking utensils is still mainly traditional
fluorocarbon coatings
on the inside, because fluorocarbon coatings can directly contact the cause of open flames, cooking utensils outside the mainstream is the traditional silicone coating (commonly known as high temperature paint), and ceramics Paint regardless of internal coating, external coating can win, Yi porcelain dragon and professional cookware foreign manufacturers, the introduction of internal and external all-ceramic coating of high-grade cooking utensils, in health and environmental protection, heat resistance, fire-resistant dry burning, high hard scratch resistance, are better. Ceramic coating alone, once the market is widely accepted, will be a strong growth point.
From the product characteristics, the traditional fluorocarbon coating PVDF manufactured fluorocarbon building materials, because organic coating at high temperature will burn, smoke, decomposition of toxic gases, especially in the subway and other closed, crowded public building sites, in the fire has led to a number of tragic accidents, so South Korea has legislated to prohibit the use of traditional fluorocarbon building materials, now China's rail tender, also explicitly require the use of ceramic coatings. In essence, in the field of building materials, the core technology is concentrated in the coating, which will be an important market opportunity, Yi porcelain dragon's long-term technical accumulation, in order to seize this opportunity to do a good job of paving the way.
To sum up, ceramic coatings, whether in the company's traditional cooking utensil coating field, or in the emerging building materials and other applications, will be due to China's industrial pole upgrade, the development of global environmental protection trends, in the strong support of national policies and user practical application upgrade requirements,step rapid development, the market share of traditional coatings, will gradually have more part of the use of ceramic coatings.
in order to adapt to the overall trend of industry development, to meet market demand, Yi porcelain dragon to increase research and development efforts, with the new project steadyexhibition, the company's independent innovation and profitability will be leapfrog improvement.
Yi porcelain dragon said, in the mature cookware market, cookware coating is currently mostly still using traditional organic high temperature paint, poor coating performance, construction pollution, and Yi porcelain dragon's ceramic coating in South Korea has a mature application, in the national advocacy paint water-based, low pollution today, has a broad market prospects.
is a major application base for ceramic coatings, such as Turkey, Iran, Europe and Asia, but also a traditional cookware manufacturing area, the company is working with local distributors to carry out direct export business.
Construction ceramic aluminum plate, subway locomotive interior panel, is a relatively clear prospect and another ceramic coating application area, Yi porcelain dragon has entered this new market, and with the mainstream manufacturers in the field began to cooperate to jointly promote the deepening of ceramic coatings in this field of application.