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:
Taita Chemical Company Limited
sales of 16.42 billion Taiwanese Dollars [US$543.80 million]
of which 97%
was Plastics Material),
LCY Chemical Corporation
(40.08 billion Taiwanese Dollars [US$1.33 billion]
of which 44%
was Rubber), and
Eternal Material Industry Co Ltd
(38.68 billion Taiwanese Dollars [US$1.28 billion]
of which 53%
was Synthetic Resin).
During the year ended December of 2016, sales at
Shinkong Synthetic Fiber were 34.24 billion Taiwanese Dollars (US$1.13 billion).
decrease of 7.4%
versus 2015, when the company's sales were 36.97 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 11.4% decline
in Photoelectric, from 7.63 billion Taiwanese Dollars to 6.77 billion Taiwanese Dollars.
There were also decreases in sales in
Polyer (down 5.9% to 25.43 billion Taiwanese Dollars)
Finance and Securities (down 3.2% to 2.15 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Others (up 2.1% to 93.19 million Taiwanese Dollars)