Nien Hsing Textile Co Ltd operates within the Men's & boys' clothing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nien Hsing Textile Co Ltd with three other
companies in this sector in Taiwan:
Quang Viet Enterprises Co Ltd
sales of 9.04 billion Taiwanese Dollars [US$297.20 million]
of which 95%
was Ready-made Clothes Department),
Kwong Lung Enterprise Company Limited
(8.60 billion Taiwanese Dollars [US$282.73 million]
of which 41%
was Tailoring), and
Tainan Enterprises Company Limited
(9.33 billion Taiwanese Dollars [US$306.85 million]
of which 82%
was Tainan Enterprises Co. Ltd).
During the year ended December of 2016, sales at
Nien Hsing Textile Co Ltd were 13.01 billion Taiwanese Dollars (US$427.76 million).
a very small
increase of 1.6%
versus 2015, when the company's sales were 12.80 billion Taiwanese Dollars.
Despite this increase, sales are still
below the level achieved in 2014, when Nien Hsing Textile Co Ltd
reported sales of 13.21 billion Taiwanese Dollars.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Nien Hsing Textile Co Ltd had sales
of 13.11 billion Taiwanese Dollars.
Sales of Textile saw an increase
that was more than double the company's growth rate: sales were up
4.9% in 2016, from
4.05 billion Taiwanese Dollars to 4.25 billion Taiwanese Dollars.
Not all segments of Nien Hsing Textile Co Ltd experienced an increase in sales in 2016:
sales of Other fell 75.1% to 3.28 million Taiwanese Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).