Technos SA operates in the Watches, clocks, watchcases & parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Technos SA with three other
miscellaneous electrical equipment manufacturers in developing countries:
Hanvey Group Holdings Ltd
of HONG KONG
(2020
sales of 139.34 million Hong Kong Dollars [US$17.95 million]
of which 82%
was Finished watches),
Timex Group India Ltd
of INDIA
(2.52 billion Indian Rupees [US$34.33 million]
of which 100%
was Manufacturing and trading of watches), and
Ernest Borel Holdings Ltd
which is
based in HONG KONG
(122.60 million Hong Kong Dollars [US$15.79 million]
of which 100%
was Watch Business).
Sales Analysis.
During the first
quarter of 2021, sales at Technos SA totalled
43.42 million Brazilian Reals.
This is
an increase of 3.6%
from the 41.92 million Brazilian Reals in sales at the company during the first quarter of 2020.
Sales at Technos SA appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 32.3% and 48.2%
of the annual
sales.
Technos SA reported sales of 244.61 million Brazilian Reals (US$48.49 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 22.6%
versus 2019, when the company's sales were 316.23 million Brazilian Reals.
Contributing to the drop in overall sales was the 63.5% decline
in Technical Assistance, from 6.30 million Brazilian Reals to 2.30 million Brazilian Reals.
There were also decreases in sales in
Sale of Watches - Classic (down 20.3% to 142.20 million Brazilian Reals)
and
Sale of Watches - Fashion (down 27.6% to 105.80 million Brazilian Reals)
and
Sale of Watches - Sports (down 26.7% to 34.80 million Brazilian Reals)
.