Jiangsu Hongtu Hi-tech Co. operates within the Computer and software stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jiangsu Hongtu Hi-tech Co. with three other
electronics retailers in Asia:
FPT Corporation
of Vietnam
(2017
sales of 42.66 trillion Dong [US$1.87 billion]
of which 54%
was Distribution),
Tsann Kuen Enterprise Company Limited
of Taiwan
(20.76 billion Taiwanese Dollars [US$704.58 million]
), and
Wonder Corporation
which is
based in Japan
(74.20 billion Japanese Yen [US$689.28 million]
of which 52%
was Wonder GOO).
Sales Analysis.
During the year ended December of 2017, sales at
Jiangsu Hongtu Hi-tech Co. were 19.02 billion Chinese Renmimbi (US$3.02 billion).
This
is
a
decrease of 7.2%
versus 2016, when the company's sales were 20.49 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 70.1% decline
in Real Estate, from 209.10 million Chinese Renmimbi to 62.44 million Chinese Renmimbi.
There were also decreases in sales in
3c Chain Retail (down 7.8% to 15.99 billion Chinese Renmimbi)
and
Optical Cable (down 16.0% to 948.62 million Chinese Renmimbi)
and
Printer (down 31.2% to 235.15 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Other (up 0.6% to 1.28 billion Chinese Renmimbi)
.