17.60
-1.12%
Close of 9 Nov 2026, in TWD
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About Polygreen Resources Co
Its shares trade on Taipei Exchange under the ticker 8423.TWO. It has been listed since 20 January 2011. In the fiscal year to 31 December 2025, it reported revenue of TWD 377.0m and net income of TWD 30.5m. At that date it held total assets of TWD 918.8m and shareholders' equity of TWD 620.0m.
Polygreen Resources Co., Ltd. engages in manufacturing and sale of reclaimed rubber. The firm's products include TYREC-Tyrec Reclaimed Rubber, which is used in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders and other rubber products; BUREC-Butyl Reclaimed Rubber, which is used in butyl inner tubes, tire inner liners, butyl adhesives and other butyl rubber-related products; NAREC-Natural Inner Tube Reclaimed Rubber, which is used in the rubber matting, shoe soles and other rubber products; T-Mesh-Crumb Rubber, which is used in various rubber products as compounding substitutes, such as tire, ring pads, and rubber matting, and rubber granule, which is used in the underlayment for running tracks, children's playgrounds, gym, and rubber tiles. The firm's products are exported to Japan, Europe, Taiwan, Vietnam, Philippines, Indonesia, Thailand, Pakistan, China, the Middle East, Australia and Singapore, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Commercial Services & Supplies
- Listed since
- 20 Jan 2011
- Employees
- 92
- Website
- pgr.com.tw/login_up.php ↗
Leadership
Pay as last reported
- Mr. Dongxing ChenChairman of the Board, since 2009
- Qinghui ZhangVice Chairman of the Board
- Yunshan LiGeneral Manager, Director, since 2009
- Chengyu XuCorporate Governance Officer, Director
- Mr. Yuanjian HuangHead of Finance & Accounting
- Jieming LiIndependent Director
- Bor-Song LiangIndependent Director
- Bee Ling TanIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- TYREC-Tyrec Reclaimed Rubber is used in tires and conveyor belts globally.
- BUREC-Butyl Reclaimed Rubber serves butyl inner tubes and tire inner liners.
- NAREC-Natural Inner Tube Reclaimed Rubber is utilized in shoe soles and rubber matting.
Weaknesses
- Polygreen Resources Co Ltd has 92 employees, which is a small workforce.
- The company is listed on 20 January 2011, indicating limited market presence.
- Export destinations include Japan, Europe, and Southeast Asia, but not North America.
Opportunities
- TYREC-Tyrec Reclaimed Rubber is exported to Japan and Europe for tire manufacturing.
- BUREC-Butyl Reclaimed Rubber targets the European market for inner tubes.
- NAREC-Natural Inner Tube Reclaimed Rubber is used in shoe soles across Asia.
Threats
- The company exports to the Middle East, which faces political instability.
- Competition in the rubber industry is high in Southeast Asia.
- Export reliance on China may lead to trade tensions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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