Zhejiang JIULI Hi-tech Metals Co Ltd operates in the Steel pipe and tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zhejiang JIULI Hi-tech Metals Co Ltd with three other
companies in this sector in China:
Jiangsu Changbao Steeltube Company Limited
(2016
sales of 2.21 billion Chinese Renmimbi [US$326.60 million]
of which 100%
was Metal Product),
Shengli Oil & Gas Pipe Holdings Ltd
(3.13 billion Chinese Renmimbi [US$462.85 million]
of which 76%
was Trading of metal commodity), and
Zhejiang Kingland Pipeline & Technologies Company Limited
(2.63 billion Chinese Renmimbi [US$389.89 million]
of which 96%
was Pipeline Manufacture).
Sales Analysis.
Zhejiang JIULI Hi-tech Metals Co Ltd reported sales of 2.70 billion Chinese Renmimbi (US$399.56 million)
for the
year ending
December of 2016.
This
represents
a
decrease of 0.9%
versus 2015, when the company's sales were 2.72 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 9.3% decline
in Other Business, from 625.27 million Chinese Renmimbi to 566.94 million Chinese Renmimbi.
There were also decreases in sales in
Electric Equipment Manufacturing (down 4.9% to 306.16 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Petroleum, Chemical, Natural Gas (up 1.4% to 1.37 billion Chinese Renmimbi)
and
Other Machinery Manufacturing (up 7.4% to 401.85 million Chinese Renmimbi)
and
Shipbuilding (up 10.4% to 51.75 million Chinese Renmimbi)
.