Shinkong Synthetic Fiber Corporation operates within the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shinkong Synthetic Fiber with three other
companies in this sector in Taiwan:
sales of 52.37 billion Taiwanese Dollars [US$1.72 billion]
LCY Chemical Corporation
(35.97 billion Taiwanese Dollars [US$1.18 billion]
of which 47%
was Rubber), and
Eternal Material Industry Co Ltd
(38.49 billion Taiwanese Dollars [US$1.27 billion]
of which 55%
was Synthetic Resin).
During the year ended December of 2015, sales at
Shinkong Synthetic Fiber were 36.97 billion Taiwanese Dollars (US$1.22 billion).
decrease of 16.6%
versus 2014, when the company's sales were 44.35 billion Taiwanese Dollars.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Shinkong Synthetic Fiber had sales
of 38.24 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 96.0% decline
in Others, from 2.26 billion Taiwanese Dollars to 91.27 million Taiwanese Dollars.
There were also decreases in sales in
Polyer (down 14.0% to 27.03 billion Taiwanese Dollars)
Photoelectric (down 10.3% to 7.63 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Finance and Securities (up 4.2% to 2.22 billion Taiwanese Dollars)