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Addchance Holdings Limited Company Snapshot
Addchance Holdings Limited operates in the Yarn spinning mills sector. In addition to historical fundamental analyses, the complete report available to purchase compares Addchance Holdings Limited with three other fabric manufacturers in Asia: Universal Textile Co Ltd of Taiwan (2016 sales of 1.68 billion Taiwanese Dollars [US$55.63 million] of which 52% was Spinning), Winsome Yarns Limited of India (3.75 billion Indian Rupees [US$57.75 million] ), and BSL Limited which is also based in India (3.78 billion Indian Rupees [US$58.29 million] ).

Sales Analysis. Addchance Holdings Limited reported sales of 400.44 million Chinese Renmimbi (US$58.12 million) for the year ending December of 2016. This represents a sharp decrease of 48.6% versus 2015, when the company's sales were 779.59 million Chinese Renmimbi. Contributing to the drop in overall sales was the 58.7% decline in Production and Sale of Knitted Sweaters, from 476.92 million Chinese Renmimbi to 196.88 million Chinese Renmimbi. There were also decreases in sales in Production and Sales of Dyed Yarns (down 37.1% to 133.87 million Chinese Renmimbi) and Production and Sale of Cotton Yarn (down 43.7% to 31.02 million Chinese Renmimbi) and Trading of Cotton and Yarns (down 27.0% to 5.88 million Chinese Renmimbi) . However, these declines were partially offset by the increase in sales of Provision of Dyeing Services (up 22.3% to 32.76 million Chinese Renmimbi) .
   
   
 
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Addchance Holdings Limited
  Stock Performance Chart for Addchance Holdings Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (5/19/2017): .81
(Figures in Chinese Renmimbi)
1 Week -3.2%   13 Weeks -8.1%  
4 Weeks -9.8%   52 Weeks 16.4%  
 
Addchance Holdings Limited Key Data:
  Ticker: 3344 Country: Hong Kong
  Exchanges: HKG Major Industry: Consumer Durables & Apparel
    Sub Industry: Yarn Spinning Mills
  2016 Sales 400,440,036
(Year Ending Jan 2017).
Employees: 4,000
  Currency: Chinese Renmimbi Market Cap: 689,416,773
  Fiscal Yr Ends: December Shares Outstanding: 846,730,909
  Share Type: Ordinary Closely Held Shares: 602,686,909
 
 
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