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Hanwei Energy Services Corp Company Snapshot
Hanwei Energy Services Corp. manufactures and sells high pressure fiberglass reinforced plastic (FRP) pipes for the oil and gas, water transmission and salt mining industries, and owns oil and gas production assets located in Alberta, Canada. The Company has two segments: pipe business, and oil and gas business. The pipe segment produces and sells FRP pipe for the oil, gas and water transmission and other industrial and infrastructure applications. The oil and gas segment is engaged in exploration and production of oil and natural gas in Western Canada. Its subsidiaries include Daqing Harvest Longwall High Pressure FRP Pipe Co., Ltd., Beijing Long Road Technology Development Co., Ltd., Hanwei Wind Power Equipment (Daqing) Co., Ltd., Daqing Deta Electric Co., Ltd., Hanwei Delan Technology Development (Beijing) Co. Ltd., Hanwei Energy Services Tyumen Ltd., HESC Energy Corporation and HESC Energy Limited Partnership.

Sales Analysis. During the year ended March of 2016, sales at Hanwei Energy Services Corp were C$8.37 million (US$6.38 million). This is a sharp decrease of 55.7% versus 2015, when the company's sales were C$18.90 million.
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Hanwei Energy Services Corp
  Stock Performance Chart for Hanwei Energy Services Corp
  Stock Data: Recent Stock Performance:
  Current Price (10/20/2016): .04
(Figures in Canadian Dollars)
1 Week -12.5%   13 Weeks -22.2%  
4 Weeks -12.5%   52 Weeks -50.0%  
Hanwei Energy Services Corp Key Data:
  Ticker: HE Country: Canada
  Exchanges: TOR Major Industry: Materials
    Sub Industry: Plastics Pipe
  2016 Sales 8,369,000
(Year Ending Jan 2017).
Employees: 212
  Currency: Canadian Dollars Market Cap: 6,797,043
  Fiscal Yr Ends: March Shares Outstanding: 194,201,234
  Share Type: Common Closely Held Shares: 38,466,680
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