OverviewSuggest Edit

Luyang Energy-Saving Materials (山东鲁阳节能材料股份有限公司) is a company specializing in energy-saving materials in the field of ceramic fibers, soluble fibers, alumina fibers, rock wool fibers, and insulating firebricks. The company provides ceramic and soluble fiber blankets, boards, textiles, and paper, alumina fiber modules, blankets, bulks and boards, rock wool products, refractory mortar and insulating firebricks, microporous hard and soft boards, monolithic fiber and composite modules, as well as ceramic and AES wool, polycrystalline, glass, and mineral wool. Its products are used in petrochemical refractory insulation, long-distance pipe network insulation, building fire insulation, shipping fire prevention, household appliances fire insulation, and high-temperature insulation.

TypePublic
Founded1984
HQZibo, CN
Websiteluyangwool.com

Latest Updates

Employees (est.) (Jul 2021)2,554
Revenue (FY, 2019)¥2.1 B(+17%)
Share Price (Oct 2021)¥29(+3%)
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Key People/Management at Luyang Energy-Saving Materials

Lu Chengbin

Lu Chengbin

Chairman

Luyang Energy-Saving Materials Office Locations

Luyang Energy-Saving Materials has offices in Zibo, Guiyang, Huhehaote Shi, Suzhou and in 2 other locations
Zibo, CN (HQ)
No.11 Yihe Road, Yiyuan County
Huhehaote Shi, CN
Jin Shan Da Dao, Tumotezuo Qi
Hanoi, VN
41 Van Canh Hoai Duc New Urban Area
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Luyang Energy-Saving Materials Financials and Metrics

Luyang Energy-Saving Materials Revenue

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Luyang Energy-Saving Materials's revenue was reported to be ¥2.15 b in FY, 2019 which is a 16.5% increase from the previous period.
CNY

Revenue (H1, 2020)

887.1m

Gross profit (H1, 2020)

351.6m

Gross profit margin (H1, 2020), %

39.6%

Net income (H1, 2020)

118.8m

EBIT (H1, 2020)

131.6m

Market capitalization (15-Oct-2021)

10.5b

Closing stock price (15-Oct-2021)

29.0

Cash (30-Sept-2020)

512.0m

EV

10.2b
Luyang Energy-Saving Materials's current market capitalization is ¥10.5 b.
Annual
CNYFY, 2017FY, 2018FY, 2019

Revenue

1.6b1.8b2.1b

Revenue growth, %

15%17%

Cost of goods sold

998.1m1.1b1.3b

Gross profit

597.7m775.7m861.7m
Half Year
CNYH1, 2018H1, 2019H1, 2020

Revenue

763.9m1.0b887.1m

Cost of goods sold

434.8m621.9m535.6m

Gross profit

329.1m413.0m351.6m

Gross profit Margin, %

43%40%40%
Annual
CNYFY, 2017FY, 2018FY, 2019

Cash

431.8m470.8m44.3m

Accounts Receivable

394.3m517.1m650.8m

Prepaid Expenses

18.2m16.0m14.9m

Inventories

208.1m271.8m354.6m
Annual
CNYFY, 2017FY, 2018FY, 2019

Accounts Payable

(349.0m)(606.9m)(873.5m)

Cash From Operating Activities

426.2m231.3m267.6m

Purchases of PP&E

(83.1m)(174.0m)(112.2m)

Cash From Investing Activities

(157.9m)(159.1m)(29.5m)
Quarterly
CNYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Accounts Payable

(183.1m)(235.4m)(417.1m)(243.0m)(430.7m)(613.2m)(201.9m)(412.3m)(623.4m)

Cash From Operating Activities

(3.4m)111.3m110.2m16.6m56.8m88.4m4.8m149.1m294.0m

Purchases of PP&E

(42.5m)(95.5m)(142.7m)(34.1m)(66.1m)(96.5m)(22.0m)(33.5m)(70.4m)

Cash From Investing Activities

(71.4m)(41.9m)(128.7m)6.8m15.5m(14.7m)(22.0m)(33.1m)(69.8m)
CNYFY, 2017

Revenue/Employee

770.9k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
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Luyang Energy-Saving Materials Operating Metrics

FY, 2017FY, 2018FY, 2019

Annual Production Capacity (Ceramic Fiber Products), tons

350 k350 k350 k

Annual Production Capacity (Basalt Fiber Products), tons

100 k180 k180 k

Annual Production Volume (Ceramic Fiber Cotton Blanket and Group Products), tons

236.4 k

Annual Production Volume (Ceramic Fiber Wet Products), tons

21.3 k
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Luyang Energy-Saving Materials Acquisitions / Subsidiaries

Company NameDateDeal Size
Guizhou Luyang Energy Saving Materials Co.
Inner Mongolia Luyang Energy Saving Materials Co.
Qinai Union Fiber (Suzhou) Co.
Qingdao Saidun Chinaware Fiber Co.
Shandong Luyang Basalt Fiber Co.
Shandong Luyang Ceramics Fiber Engineering Technical Research Co.
Shandong Luyang Fire-Resistant Fiber Co.
Shandong Luyang Haote High-tech Fiber Co.
Shandong Luyang Qingzhi Refractory Brick Co.
Shandong Luyang Taoqian Products Co.
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Luyang Energy-Saving Materials Revenue Breakdown

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Luyang Energy-Saving Materials revenue breakdown by business segment: 85.4% from Ceramic Fiber Products, 14.1% from Basalt Products and 0.5% from Other

Luyang Energy-Saving Materials revenue breakdown by geographic segment: 6.2% from Foreign and 93.8% from Domestic

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Luyang Energy-Saving Materials Online and Social Media Presence

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Luyang Energy-Saving Materials News and Updates

Luyang Has Been Awarded as a Qualified Enterprise

Luyang has been awarded as a qualified enterprise with stable quality of rock wool products for 8 consecutive years.

Luyang Company’s First 10,000-ton Cotton Blanket Automatic Production Line

Luyang company’s first 10,000-ton cotton blanket automatic production line was put into operation, it is also the fisrt automatic production line of domestic ceramic fiber industry. 1、Large-scale transformation and upgrades have been carried out to the blanking, deslagging, collecting cotton,waterj…

Luyang Was Awarded The Advanced Unit Of 2020

In October 28th, the fourth Industry Development Conference of China Association for Energy Saving Materials held in Taiyuan, "innovating drives development, progressing explores new paths" is the conference theme. Luyang was awarded the "Advanced Unit of 2020", and the chairman was awarded "Indust…

Luyang Used Alibaba's Cross-boarder E-commerce Platform To Seize Overseas Markets

In September 2020, Jack Lou as representative of Luyang signed SKA cooperation project with Alibaba. SKA is a project which helping Chinese manufacturers become famous all over the world, selecting offline high quality firms and help them to do digital transformation. It also bring in accurate flow …

Luyang Energy-Saving Materials Frequently Asked Questions

  • When was Luyang Energy-Saving Materials founded?

    Luyang Energy-Saving Materials was founded in 1984.

  • Who are Luyang Energy-Saving Materials key executives?

    Luyang Energy-Saving Materials's key executives are Lu Chengbin.

  • How many employees does Luyang Energy-Saving Materials have?

    Luyang Energy-Saving Materials has 2,554 employees.

  • What is Luyang Energy-Saving Materials revenue?

    Latest Luyang Energy-Saving Materials annual revenue is ¥2.1 b.

  • What is Luyang Energy-Saving Materials revenue per employee?

    Latest Luyang Energy-Saving Materials revenue per employee is ¥840.7 k.

  • Who are Luyang Energy-Saving Materials competitors?

    Competitors of Luyang Energy-Saving Materials include Liaoning Shidai Wanheng, Nichias and IBIDEN.

  • Where is Luyang Energy-Saving Materials headquarters?

    Luyang Energy-Saving Materials headquarters is located at No.11 Yihe Road, Yiyuan County, Zibo.

  • Where are Luyang Energy-Saving Materials offices?

    Luyang Energy-Saving Materials has offices in Zibo, Guiyang, Huhehaote Shi, Suzhou and in 2 other locations.

  • How many offices does Luyang Energy-Saving Materials have?

    Luyang Energy-Saving Materials has 6 offices.