Hongda High-Tech Holding Company Limited operates in the Broadwoven fabric mills, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hongda High-Tech Holding Company Limited with three other
fabric manufacturers in Asia:
IL Jeong Industrial Company limited
of South Korea
sales of 78.88 billion Korean Won [US$69.73 million]
Blessed Textiles Limited
(6.85 billion Pakistan Rupees [US$65.04 million]
Chia Her Industrial Co., Ltd.
based in Taiwan
(3.01 billion Taiwanese Dollars [US$99.60 million]
Hongda High-Tech Holding Company Limited reported sales of 569.53 million Chinese Renmimbi (US$85.98 million)
December of 2016.
increase of 8.2%
versus 2015, when the company's sales were 526.26 million Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Hongda High-Tech Holding Company Limited had sales
of 587.78 million Chinese Renmimbi.
Sales of Shipment Fabric saw an increase
that was more than double the company's growth rate: sales were up
21.9% in 2016, from
231.60 million Chinese Renmimbi to 282.38 million Chinese Renmimbi.
Hongda High-Tech Holding Company Limited also saw significant increases in sales in
Medical Apparatus and Instruments (up 19.6% to 54.19 million Chinese Renmimbi)
Not all segments of Hongda High-Tech Holding Company Limited experienced an increase in sales in 2016:
sales of Other fell 99.2% to 1,709.40 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Hongda High-Tech Holding Company Limited also experienced decreases in sales in
Trading (down 9.3% to 111.87 million Chinese Renmimbi)
Dress Fabric (down 4.0% to 76.92 million Chinese Renmimbi)
Dyeing (down 12.1% to 31.53 million Chinese Renmimbi)