Hilong Holding Limited operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hilong Holding Limited with three other
companies in this sector in China:
Honghua Group Limited
sales of 2.18 billion Chinese Renmimbi [US$315.35 million]
of which 73%
was Parts and Components and Others),
Sinopec Oilfield Equipment Corp
(3.99 billion Chinese Renmimbi [US$578.80 million]
of which 44%
was Petroleum Machine), and
Yantai Jereh Oilfield Services Group Co Limited
(3.19 billion Chinese Renmimbi [US$461.90 million]
of which 85%
was Oil Field Special Equipment Manufacturin).
During the year ended December of 2017, sales at
Hilong Holding Limited were 2.67 billion Chinese Renmimbi (US$386.87 million).
increase of 38.4%
versus 2016, when the company's sales were 1.93 billion Chinese Renmimbi.
Sales of Offshore Engineering Services saw an increase
that was more than double the company's growth rate: sales were up
110.5% in 2017, from
67.84 million Chinese Renmimbi to 142.83 million Chinese Renmimbi.
Hilong Holding Limited also saw significant increases in sales in
Oilfield Equipment Manufacturing and Ser (up 68.5% to 1.32 billion Chinese Renmimbi)
Not all segments of Hilong Holding Limited experienced an increase in sales in 2017:
sales of Line Pipe Technology and Services fell 11.2% to 329.54 million Chinese Renmimbi.