Tiangong International Company Limited operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tiangong International Company Limited with three other
companies in this sector in China:
Luyin Investment Gp. Corp.
sales of 2.97 billion Chinese Renmimbi [US$444.96 million]
of which 47%
Shanxi Antai Group Co., Ltd.
(3.38 billion Chinese Renmimbi [US$506.25 million]
Chongqing Iron & Steel Company Limited
(4.41 billion Chinese Renmimbi [US$660.33 million]
of which 99%
was Iron & Steel).
During the year ended December of 2016, sales at
Tiangong International Company Limited were 3.38 billion Chinese Renmimbi (US$504.97 million).
decrease of 1.6%
versus 2015, when the company's sales were 3.43 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Tiangong International Company Limited had sales
of 3.11 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 19.5% decline
in Hss, from 914.22 million Chinese Renmimbi to 736.39 million Chinese Renmimbi.
There were also decreases in sales in
Trading of Goods (down 8.4% to 956.40 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Hss Cutting Tools (up 2.5% to 527.82 million Chinese Renmimbi)
Titanium Alloy (up 35.1% to 234.30 million Chinese Renmimbi)