Aeolus Tyre Co Ltd operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aeolus Tyre Co Ltd with three other
companies in this sector in China:
Guizhou Tyre Co., Ltd.
(2016
sales of 5.58 billion Chinese Renmimbi [US$825.27 million]
of which 64%
was Tyres Industry),
Qingdao Doublestar Co., Ltd.
(4.93 billion Chinese Renmimbi [US$728.21 million]
of which 80%
was Tyre Production), and
Triangle Tyre Co Ltd
(6.71 billion Chinese Renmimbi [US$991.59 million]
of which 100%
was Tyre).
Sales Analysis.
Aeolus Tyre Co Ltd reported sales of 7.33 billion Chinese Renmimbi (US$1.08 billion)
for the
year ending
December of 2016.
This
represents
an
increase of 15.2%
versus 2015, when the company's sales were 6.36 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Aeolus Tyre Co Ltd
reported sales of 8.13 billion Chinese Renmimbi.
Sales of Tires saw an increase
of
16.6% in 2016, from
6.20 billion Chinese Renmimbi to 7.23 billion Chinese Renmimbi.
Not all segments of Aeolus Tyre Co Ltd experienced an increase in sales in 2016:
sales of Other Industry fell 39.7% to 92.23 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).