Nanjing Chemical Fibre Co. operates in the Cellulosic manmade fibers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nanjing Chemical Fibre Co. with three other
plastic manufacturers in Asia:
Jiangsu Jiangnan High Polymer Fiber Co Ltd
(2019
sales of 1.15 billion Chinese Renmimbi [US$177.97 million]
of which 77%
was Chemical Fiber),
Jinan Acetate Chemical Co Ltd
of TAIWAN
(2.17 billion Taiwanese Dollars [US$77.69 million]
of which 71%
was Acetate tow), and
CHTC Helon Co Ltd
(790.67 million Chinese Renmimbi [US$122.07 million]
of which 97%
was Tyre Cord Canvas).
Sales Analysis.
Nanjing Chemical Fibre Co. reported sales of 656.35 million Chinese Renmimbi (US$101.33 million)
for the
year ending
December of 2019.
This
represents
a
sharp
decrease of 33.7%
versus 2018, when the company's sales were 990.54 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 57.8% decline
in Filament, from 437.00 million Chinese Renmimbi to 184.41 million Chinese Renmimbi.
There were also decreases in sales in
Short Wire (down 16.1% to 419.02 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Others (up 1.8% to 10.68 million Chinese Renmimbi)
.