Nam Cheong Ltd operates in the Ship building and repairing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nam Cheong Ltd with three other
shipbuilders in Asia:
China Huarong Energy Co Ltd
sales of 308.17 million Chinese Renmimbi [US$45.19 million]
of which 10%
was Energy Exploration and Production),
Reliance Defence and Engineering Ltd
(3.12 billion Indian Rupees [US$48.42 million]
of which 100%
was Shipbuilding & Repairs), and
Marco Polo Marine Limited
based in Singapore
(46.94 million Singapore Dollars [US$33.84 million]
of which 61%
was Shipbuilding and Repair Services).
Sales fell dramatically in 2016:
Nam Cheong Ltd reported sales of 274.08 million Chinese Renmimbi (US$40.19 million)
December of 2016.
decrease of 82.1%
versus 2015, when the company's sales were 1.53 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 83.8% decline
in Shipbuilding, from 1.46 billion Chinese Renmimbi to 235.47 million Chinese Renmimbi.
There were also decreases in sales in
Chartering (down 46.0% to 38.61 million Chinese Renmimbi)