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Trades about 28% below its sector, cheaper than its peers on earnings.
Hsin Yung Chien Co., Ltd., which began its operations in 1964 and adopted its current name in 2003 (formerly Hsin Yung Chien Industrial Co., Ltd.), is headquartered in Nantou City, Taiwan. This global manufacturer and supplier specializes in a diverse portfolio of rubber products, including a comprehensive array of rubber conveyor belts, rubber sheets, hot-pressing cushion pads, and advanced composite materials. The company's KING brand encompasses a wide selection of rubber conveyor belts. This extensive range features standard types like straight warp, light duty, Chevron, Kevlar, and steel cord, in addition to specialized variants designed to withstand heat, oil, flames, abrasion, cold, and chemicals. Their offerings further extend to pipe, rip stop, sidewall, EP/NN, seal, and bucket elevator belts. These durable belting solutions are crucial for numerous sectors, including mining, steel production, aviation, agriculture, logistics, and automated port facilities. Beyond its core conveyor belt business, Hsin Yung Chien also produces hot-pressing cushion pads for electronic and solar panel manufacturing, marketed under the Silieet brand. Additionally, the company provides NEWsheet-branded composite materials, which are integral components for car parts, bicycle parts, and various consumer products.
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