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:
Angang Steel Company Limited
sales of 52.75 billion Chinese Renmimbi [US$7.66 billion]
of which 100%
was Metal Smelting),
Xinxing Ductile Iron Pipes Company Limited
(50.03 billion Chinese Renmimbi [US$7.27 billion]
of which 100%
was Industry), and
Wuhan Iron and Steel Company Limited
(58.33 billion Chinese Renmimbi [US$8.47 billion]
of which 76%
was Steel Products).
During the year ended December of 2015, sales at
Gansu Jiu Steel Grp. Hongxing I & S were 54.78 billion Chinese Renmimbi (US$7.96 billion).
decrease of 42.8%
versus 2014, when the company's sales were 95.75 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 50.4% decline
in Iron and Steel, from 67.02 billion Chinese Renmimbi to 33.22 billion Chinese Renmimbi.
There were also decreases in sales in
Materaials Trade (down 32.7% to 16.24 billion Chinese Renmimbi)
Coal Products (down 31.2% to 393.37 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Power Products (up 40.6% to 792.21 million Chinese Renmimbi)
Other (up 18.5% to 4.12 billion Chinese Renmimbi)