EST Tools Co Ltd operates in the Machine tool accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares EST Tools Co Ltd with three other
machine tool and accessory manufacturers in Asia:
Halcyon Technology Pcl
of Thailand
(2017
sales of 996.70 million Thai Bahts [US$31.31 million]
of which 51%
was Specific designed Cutting Tools),
kenturn Nano Tec Co Ltd
of Taiwan
(890.68 million Taiwanese Dollars [US$28.86 million]
), and
Neo Technical System Co., Limited.
which is
based in South Korea
(43.47 billion Korean Won [US$38.21 million]
).
Sales Analysis.
EST Tools Co Ltd reported sales of 324.08 million Chinese Renmimbi (US$48.28 million)
for the
year ending
December of 2017.
This
represents
an
increase of 54.9%
versus 2016, when the company's sales were 209.16 million Chinese Renmimbi.
This was the fourth straight year of sales growth at EST Tools Co Ltd.
Sales of Precision Machinery saw an increase
that was more than double the company's growth rate: sales were up
141.4% in 2017, from
18.87 million Chinese Renmimbi to 45.55 million Chinese Renmimbi.
EST Tools Co Ltd also saw significant increases in sales in
Shipping Industry (up 99.1% to 639,134.02 Chinese Renmimbi)
.
Not all segments of EST Tools Co Ltd experienced an increase in sales in 2017:
sales of Other fell 38.1% to 4.83 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
EST Tools Co Ltd also experienced decreases in sales in
Components for Aerospace (down 8.8% to 6.19 million Chinese Renmimbi)
.