Gansu Jiu Steel Grp. Hongxing I & S operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gansu Jiu Steel Grp. Hongxing I & S with three other
companies in this sector in China:
Xinxing Ductile Iron Pipes Company Limited
sales of 41.27 billion Chinese Renmimbi [US$6.00 billion]
of which 100%
Bengang Steel Plates Company Limited
(40.51 billion Chinese Renmimbi [US$5.89 billion]
of which 93%
was Steel Plate), and
China Oriental Group Company Limited
(41.35 billion Chinese Renmimbi [US$6.01 billion]
of which 97%
was Iron & Steel).
During the year ended December of 2017, sales at
Gansu Jiu Steel Grp. Hongxing I & S were 40.97 billion Chinese Renmimbi (US$5.96 billion).
increase of 16.8%
versus 2016, when the company's sales were 35.09 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when Gansu Jiu Steel Grp. Hongxing I & S
reported sales of 54.78 billion Chinese Renmimbi.
Sales of Coal Products saw an increase
that was more than double the company's growth rate: sales were up
405.9% in 2017, from
90.50 million Chinese Renmimbi to 457.89 million Chinese Renmimbi.
Gansu Jiu Steel Grp. Hongxing I & S also saw significant increases in sales in
Iron and Steel (up 40.4% to 26.18 billion Chinese Renmimbi)
Not all segments of Gansu Jiu Steel Grp. Hongxing I & S experienced an increase in sales in 2017:
sales of Power Products fell 58.5% to 297.85 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Gansu Jiu Steel Grp. Hongxing I & S also experienced decreases in sales in
Materaials Trade (down 12.5% to 12.47 billion Chinese Renmimbi)