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Ningbo Cixing Co Ltd Company Snapshot
Ningbo Cixing Co Ltd operates in the Textile machinery sector. In addition to historical fundamental analyses, the complete report available to purchase compares Ningbo Cixing Co Ltd with three other textile machinery manufacturers in Asia: Tsudakoma Corporation of Japan (2017 sales of 39.69 billion Japanese Yen [US$357.57 million] of which 78% was Textile Machinery), Geron Co Ltd (2.09 billion Chinese Renmimbi [US$309.91 million] of which 100% was Industry), and Lakshmi Machine Works Limited which is based in India (24.99 billion Indian Rupees [US$352.64 million] of which 81% was Textile Machinery Division).

Sales Analysis. Ningbo Cixing Co Ltd reported sales of 1.40 billion Chinese Renmimbi (US$207.75 million) for the year ending December of 2017. This represents an increase of 27.9% versus 2016, when the company's sales were 1.10 billion Chinese Renmimbi. Sales of Internet saw an increase that was more than double the company's growth rate: sales were up 257.1% in 2017, from 79.95 million Chinese Renmimbi to 285.49 million Chinese Renmimbi. Ningbo Cixing Co Ltd also saw significant increases in sales in Knitting Machinery (up 81.9% to 1.63 billion Chinese Renmimbi) and Automation Equipment and Project Integra (up 104.3% to 169.51 million Chinese Renmimbi) .
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Ningbo Cixing Co Ltd
  Stock Performance Chart for Ningbo Cixing Co Ltd
  Stock Data: Recent Stock Performance:
  Current Price (2/15/2019): 5.18
(Figures in Chinese Renmimbi)
1 Week n/a   13 Weeks 2.0%  
4 Weeks -1.7%   52 Weeks -24.3%  
Ningbo Cixing Co Ltd Key Data:
  Ticker: 300307 Country: China
  Exchanges: SZN Major Industry: Capital Goods
    Sub Industry: Textile Machinery
  2017 Sales 1,404,375,134
(Year Ending Jan 2018).
Employees: 2,106
  Currency: Chinese Renmimbi Market Cap: 4,154,360,000
  Fiscal Yr Ends: December Shares Outstanding: 802,000,000
  Share Type: A Gu Closely Held Shares:
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