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:
Inner Mongolian Baotou Steel Union
sales of 31.03 billion Chinese Renmimbi [US$4.50 billion]
of which 99%
was metallurgical industry),
Bengang Steel Plates Company Limited
(29.53 billion Chinese Renmimbi [US$4.29 billion]
of which 100%
was Industry), and
Xinyu Iron & Steel Co. Limited.
(30.46 billion Chinese Renmimbi [US$4.42 billion]
of which 71%
was Iron and steel business segment).
During the year ended December of 2016, sales at
Gansu Jiu Steel Grp. Hongxing I & S were 35.09 billion Chinese Renmimbi (US$5.09 billion).
decrease of 35.9%
versus 2015, when the company's sales were 54.78 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 77.0% decline
in Coal Products, from 393.37 million Chinese Renmimbi to 90.50 million Chinese Renmimbi.
There were also decreases in sales in
Iron and Steel (down 43.9% to 18.64 billion Chinese Renmimbi)
Materaials Trade (down 12.3% to 14.25 billion Chinese Renmimbi)
Power Products (down 9.4% to 717.97 million Chinese Renmimbi)
Other (down 66.2% to 1.40 billion Chinese Renmimbi)