Huaxin Cement Company Limited operates within the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Huaxin Cement Company Limited with three other
companies in this sector in China:
Asia Cement (China) Holdings Corporation
sales of 6.34 billion Chinese Renmimbi [US$919.92 million]
of which 94%
was Cement Business),
Tangshan Jidong Cement Co.
(12.33 billion Chinese Renmimbi [US$1.79 billion]
of which 100%
was Building materials industry), and
Jilin Yatai Group Co., Ltd.
(10.91 billion Chinese Renmimbi [US$1.58 billion]
of which 39%
was Construction Materials).
During the year ended December of 2016, sales at
Huaxin Cement Company Limited were 13.44 billion Chinese Renmimbi (US$1.95 billion).
a very small
increase of 1.4%
versus 2015, when the company's sales were 13.26 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Huaxin Cement Company Limited
reported sales of 15.99 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Huaxin Cement Company Limited had sales
of 12.63 billion Chinese Renmimbi.
Sales of Cement saw an increase
that was more than double the company's growth rate: sales were up
4.4% in 2016, from
11.41 billion Chinese Renmimbi to 11.91 billion Chinese Renmimbi.
Not all segments of Huaxin Cement Company Limited experienced an increase in sales in 2016:
sales of Construction fell 36.1% to 247.91 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Huaxin Cement Company Limited also experienced decreases in sales in
Concrete (down 11.8% to 709.34 million Chinese Renmimbi)
Other (down 1.5% to 655.94 million Chinese Renmimbi)