Ssangyong Materials Corporation operates within the Porcelain electrical supplies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ssangyong Materials with three other
clay and ceramic product manufacturers in Asia:
Dalian Insulator Group Co Ltd
sales of 752.81 million Chinese Renmimbi [US$116.82 million]
of which 97%
was Electrical Porcelain),
Zhejiang Jinlihua Electric Company Limited
(336.73 million Chinese Renmimbi [US$52.25 million]
of which 100%
was Insulator), and
Shandong Sinocera Functional Material Co Ltd
based in China
(683.56 million Chinese Renmimbi [US$106.07 million]
of which 40%
was Ink pigment).
During the year ended December of 2016, sales at
Ssangyong Materials were 107.25 billion Korean Won (US$100.71 million).
a very small
increase of 0.6%
versus 2015, when the company's sales were 106.58 billion Korean Won.
This was the third consecutive year of growth at Ssangyong Materials.
Sales of Ferrite saw an increase
that was more than double the company's growth rate: sales were up
3.7% in 2016, from
69.41 billion Korean Won to 71.95 billion Korean Won.
Ssangyong Materials also saw significant increases in sales in
Ceramic (up 2.7% to 31.60 billion Korean Won)
Not all segments of Ssangyong Materials experienced an increase in sales in 2016:
sales of Other Segment fell 42.4% to 3.70 billion Korean Won.