Cheng Shin Rubber Industries Company Limited operates within the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cheng Shin Rubber Industries Company Limited with three other
tire manufacturers in Asia:
Toyo Tire & Rubber Co Ltd
sales of 407.79 billion Japanese Yen [US$3.56 billion]
of which 80%
was Tire Business),
Kumho Tires Company Incorporated
of South Korea
(3.04 trillion Korean Won [US$2.58 billion]
of which 99%
was Tire), and
Hankook Tire Co Ltd
based in South Korea
(6.43 trillion Korean Won [US$5.46 billion]
During the year ended December of 2015, sales at
Cheng Shin Rubber Industries Company Limited were 116.73 billion Taiwanese Dollars (US$3.68 billion).
decrease of 9.5%
versus 2014, when the company's sales were 129.01 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 13.3% decline
in Tailand Zhengxin, from 15.90 billion Taiwanese Dollars to 13.78 billion Taiwanese Dollars.
There were also decreases in sales in
China Zhengxin&xiamen Haiyan (down 12.7% to 34.85 billion Taiwanese Dollars)
Xiamen Zhengxin (down 12.6% to 22.18 billion Taiwanese Dollars)
Other Main Operation (down 1.8% to 21.26 billion Taiwanese Dollars)
Taiwan Zhengxin (down 12.7% to 16.61 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Corporate (up 12.8% to 8.04 billion Taiwanese Dollars)