Shandong Hongda Mining Co Ltd operates within the Iron ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Hongda Mining Co Ltd with three other
companies in this sector in China:
Add New Energy Investment Holdings Group Ltd
sales of 294.48 million Chinese Renmimbi [US$42.67 million]
of which 98%
was Shandong Ishine),
Shandong Guangze Food Technology Co Ltd
(360.66 million Chinese Renmimbi [US$52.26 million]
of which 90%
was Mining Industry), and
China Vanadium Titano-Magnetite Mining Company Limited
(516.37 million Chinese Renmimbi [US$74.83 million]
of which 34%
was Vanadium-bearing iron concentrates).
During the year ended December of 2015, sales at
Shandong Hongda Mining Co Ltd were 478.30 million Chinese Renmimbi (US$69.31 million).
decrease of 30.9%
versus 2014, when the company's sales were 692.56 million Chinese Renmimbi.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Shandong Hongda Mining Co Ltd had sales
of 506.62 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 35.3% decline
in Black Metal Mining Industry, from 685.65 million Chinese Renmimbi to 443.58 million Chinese Renmimbi.
However, these declines were partially offset by the increase in sales of
Other Operation (up 389.9% to 34.74 million Chinese Renmimbi)