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Daye Special Steel Company Limited Company Snapshot
Daye Special Steel Company Limited operates in the Blast furnaces and steel mills sector. In addition to historical fundamental analyses, the complete report available to purchase compares Daye Special Steel Company Limited with three other companies in this sector in China: Fushun Special Steel Co., Ltd. (2016 sales of 4.68 billion Chinese Renmimbi [US$705.83 million] of which 99% was Special Steel Products), Xining Special Steel Co., Ltd. (7.34 billion Chinese Renmimbi [US$1.11 billion] of which 48% was Commerce and trade), and Xiwang Special Steel Company Ltd (7.57 billion Chinese Renmimbi [US$1.14 billion] of which 55% was Ordinary Steel).

Sales Analysis. Daye Special Steel Company Limited reported sales of 6.39 billion Chinese Renmimbi (US$964.65 million) for the year ending December of 2016. This represents an increase of 3.2% versus 2015, when the company's sales were 6.20 billion Chinese Renmimbi. Despite this increase, sales are still well below the level achieved in 2014, when Daye Special Steel Company Limited reported sales of 7.35 billion Chinese Renmimbi. Sales of Railroal and Bearing Industry saw an increase that was more than double the company's growth rate: sales were up 26.1% in 2016, from 648.41 million Chinese Renmimbi to 817.71 million Chinese Renmimbi. Daye Special Steel Company Limited also saw significant increases in sales in Boiler Industry (up 15.0% to 1.74 billion Chinese Renmimbi) . Not all segments of Daye Special Steel Company Limited experienced an increase in sales in 2016: sales of Ship Industry fell 12.1% to 34.56 million Chinese Renmimbi. (However, this segment's sales were only a very small portion of the company's overall sales). Daye Special Steel Company Limited also experienced decreases in sales in Steel Forging Industry (down 3.8% to 2.18 billion Chinese Renmimbi) and Automobile Industry (down 5.6% to 1.13 billion Chinese Renmimbi) and Other (down 8.1% to 495.92 million Chinese Renmimbi) .
   
   
 
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Daye Special Steel Company Limited
  Stock Performance Chart for Daye Special Steel Company Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (10/20/2017): 12.90
(Figures in Chinese Renmimbi)
1 Week -5.7%   13 Weeks -6.5%  
4 Weeks 4.5%   52 Weeks 6.3%  
 
Daye Special Steel Company Limited Key Data:
  Ticker: 000708 Country: China
  Exchanges: SZN Major Industry: Materials
    Sub Industry: Blast Furnaces & Steel Mills
  2016 Sales 6,392,658,625
(Year Ending Jan 2017).
Employees: 3,863
  Currency: Chinese Renmimbi Market Cap: 5,797,369,392
  Fiscal Yr Ends: December Shares Outstanding: 449,408,480
  Share Type: A Gu Closely Held Shares: 273,722,894
 
 
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