Tianjin Yiyi Hygiene Products Co., Ltd
Disposable hygiene products for pet and personal care.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
CNY143m | Post IPO Equity | ||
| Total Funding | 000k | ||
| CNY | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 6 % | 16 % | (12 %) | 34 % | 21 % | 12 % | 27 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 14 % | 15 % | 14 % | 19 % | 18 % | 17 % | 18 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 9 % | 10 % | 8 % | 12 % | 12 % | 11 % | 12 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 1 % | 1 % | 2 % | 1 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Tianjin Yiyi Hygiene Products Co., Ltd. is a manufacturer of disposable hygiene products and non-woven fabrics. The company, founded in 1996, initially produced sanitary napkins for women before shifting its focus to the pet care hygiene industry in 2003. It is controlled by Gao Fuzhong and his son, Gao Jian.
The company's product portfolio is divided into two main categories: pet hygiene care and personal hygiene care. The pet care line includes items such as pet pads, diapers, wipes, and waste bags. The personal care line includes sanitary napkins, nursing pads, diapers, and masks. The business operates on an ODM/OEM model, supplying products to brand operators globally, and also markets its own brands, including "HUSHPET" and "Sanclean". The company's primary business model involves the research and development, production, and sale of these disposable hygiene products and their core material, non-woven fabrics.
Headquartered in Tianjin, China, the company has expanded its operations significantly over the years. Key milestones include restructuring into a limited liability company in 2005, listing on the New Third Board in 2017, and later listing on the Shenzhen Stock Exchange in May 2021. The company operates multiple production bases, including two major facilities in Tianjin and Cangzhou, and has expanded its manufacturing footprint internationally with a factory in Cambodia. This vertical integration, which includes producing its own non-woven fabrics, allows for greater cost control and supply chain stability.
Keywords: disposable hygiene products, pet care, personal care, non-woven fabrics, pet pads, OEM, ODM, sanitary napkins, adult diapers, contract manufacturing, pet diapers, Shenzhen Stock Exchange, HUSHPET, public company, household products, consumer staples
