Qingdao Doublestar Co., Ltd. operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingdao Doublestar Co., Ltd. with three other
companies in this sector in China:
sales of 1.15 billion Chinese Renmimbi [US$170.90 million]
of which 51%
was Mold Producing and Selling),
Jiangsu General Science Technology Co Ltd
(3.77 billion Chinese Renmimbi [US$557.26 million]
of which 99%
was Tyre), and
Giti Tire Company Limited
(3.46 billion Chinese Renmimbi [US$511.71 million]
of which 99%
was Rubber Manufacture).
Qingdao Doublestar Co., Ltd. reported sales of 4.00 billion Chinese Renmimbi (US$591.63 million)
December of 2017.
decrease of 18.9%
versus 2016, when the company's sales were 4.93 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 60.1% decline
in Material Selling, from 873.15 million Chinese Renmimbi to 348.17 million Chinese Renmimbi.
There were also decreases in sales in
Tire Production (down 10.7% to 3.52 billion Chinese Renmimbi)
Others (down 11.7% to 26.03 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Manufacturing (up 28.6% to 101.15 million Chinese Renmimbi)