Tianjin Global Magnetic operates within the Electronic components sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tianjin Global Magnetic with three other
manufacturers of electronic components in Asia:
Marumae Co Ltd
sales of 2.24 billion Japanese Yen [US$20.18 million]
Connectcounty Holdings Berhad
(81.71 million Malaysian Ringgits [US$19.10 million]
Grand Tek Technology Co Limited
based in Taiwan
(576.91 million Taiwanese Dollars [US$19.01 million]
of which 77%
was Wireless Communication Integrated System).
During the year ended December of 2016, sales at
Tianjin Global Magnetic were 132.62 million Chinese Renmimbi (US$19.65 million).
a very small
increase of 0.3%
versus 2015, when the company's sales were 132.26 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Tianjin Global Magnetic
reported sales of 152.98 million Chinese Renmimbi.
Sales of Magnetic Card saw an increase
that was more than double the company's growth rate: sales were up
22.7% in 2016, from
49.64 million Chinese Renmimbi to 60.90 million Chinese Renmimbi.
Tianjin Global Magnetic also saw significant increases in sales in
Printing (up 5.0% to 29.27 million Chinese Renmimbi)
Not all segments of Tianjin Global Magnetic experienced an increase in sales in 2016:
sales of Machinery Products fell 18.1% to 40.60 million Chinese Renmimbi.