Hesteel Co Ltd operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hesteel Co Ltd with three other
companies in this sector in China:
Fosun International Limited
sales of 78.80 billion Chinese Renmimbi [US$11.36 billion]
of which 28%
Shanxi Taigang Stainless Steel Company Limited
(67.91 billion Chinese Renmimbi [US$9.79 billion]
of which 100%
was Iron and Steel Industry), and
Wuhan Iron and Steel Company Limited
(58.33 billion Chinese Renmimbi [US$8.41 billion]
of which 76%
was Steel Products).
During the year ended December of 2015, sales at
Hesteel Co Ltd were 73.09 billion Chinese Renmimbi (US$10.53 billion).
decrease of 25.6%
versus 2014, when the company's sales were 98.25 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 37.5% decline
in Chemical Engineering, from 814.23 million Chinese Renmimbi to 508.87 million Chinese Renmimbi.
There were also decreases in sales in
Iron and Steel (down 26.2% to 69.60 billion Chinese Renmimbi)