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 4.22 billion Chinese Renmimbi [US$622.76 million]
of which 57%
was Land Drilling Rigs),
Yantai Jereh Oilfield Services Group Co Limited
(2.82 billion Chinese Renmimbi [US$416.49 million]
of which 81%
was Oil Field Special Equipment Manufacturin), and
TSC Group Holdings Limited
(1.23 billion Chinese Renmimbi [US$180.89 million]
of which 63%
was Capital equipment and packages).
During the year ended December of 2015, sales at
Hilong Holding Limited were 2.48 billion Chinese Renmimbi (US$366.69 million).
decrease of 3.6%
versus 2014, when the company's sales were 2.58 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 48.8% decline
in Oilfield Equipment Manufacturing and Ser, from 1.32 billion Chinese Renmimbi to 676.46 million Chinese Renmimbi.
There were also decreases in sales in
Oilfield Services (down 10.6% to 922.98 million Chinese Renmimbi)
Line Pipe Technology and Services (down 18.8% to 295.04 million Chinese Renmimbi)