Company Study of Qingdao Kingking Applied Chemistry Co., Ltd, 2009
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The global annual sales of candles and related craftwork was valued at US$10 billion in 2008, and key large-sized candle manufacturers are mainly from Europe and the US, including US-based Blyth, Inc., Yankee Candle, Lancaster Colony, S.C. Johnson and Son, and Europe-based Bolsius, etc. 

China is more than a big candle manufacturer, representing for5% of global market; it is a large candle exporter, with export value at US$500 million per year. Qingdao Kingking Applied Chemistry Co., Ltd, as the most important candle manufacturer in China, accounts for 16% of annual export value of China, with per year candle export worth of US$80 million. During Jan-Sep 2009, the Kingking’s operating income fell 14.72% against the same period of last year to RMB362 million and operating profit declined 46.34% to RMB14.03 million.

Operations of Qingdao Kingking Applied Chemistry Co., Ltd, 2004-2008
2009122301.gif
Source: Kingking, ResearchInChina

In 2008, the Kingking invested RMB110 million to build plants in Vietnam. So far, the Phase I Vietnam project has been put into operation with production value at US$8 million per year, and Phase II project is expected to be put into operation by the end of 2009 with projected production value at US$15 million per year. As this project is completed, the Kinking will have a total production value of US$100 million, which will help further consolidate its presence in the industry.

1 Company Profile
 
2 Candle Industry 
2.1 Overview
2.2 Global Industry 
2.3 China Industry 
2.4 Industry Trend 
 
3 Company Analysis 
3.1 Production 
3.2 Sales
3.3 Financial Status
3.3.1 Profitability
3.3.2 Operation
3.3.3 Debt-paying Ability
3.4 Competition Advantage
3.5 Strategies
 
4 Summary
Classification of Candle Products 
Global Candle Manufacturers in 2008 
Top Five Candle Manufacturers in China in 2008
Top Five Suppliers of Qingdao Kingking Applied Chemistry in 2008
Top Five Customers of Qingdao Kingking Applied Chemistry in 2008
Profitability of Qingdao Kingking Applied Chemistry, 2006-2009Q3
Operation Ability of Qingdao Kingking Applied Chemistry, 2007Q3-2009Q3
Debt-paying Ability of Qingdao Kingking Applied Chemistry, 2006-2009Q3
Research & Development Input of Qingdao Kingking Applied Chemistry,2006-2008
Comparison with Euro-American Large Candle Manufacturers 
 
Relation between Qingdao Kingking Applied Chemistry and Actual Controllers
Global Distribution of Candle Market, 2008 
Operation of Qingdao Kingking Applied Chemistry, 2004-2008
Product Sales of Qingdao Kingking Applied Chemistry, 2008
Gross Profit Margin of Qingdao Kingking Applied Chemistry, 2003-2008
Revenue and Profit of Qingdao Kingking Applied Chemistry, 2006-2008
Vertical Integration of Qingdao Kingking Applied Chemistry
Sales Revenue Comparison between Qingdao Kingking Applied Chemistry and Blyth

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