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
(2018
sales of 1.37 billion Chinese Renmimbi [US$199.93 million]
of which 76%
was Chemical Fiber),
Tnc Industrial Co Ltd
of Taiwan
(2.01 billion Taiwanese Dollars [US$67.10 million]
of which 76%
was Paint), and
CHTC Helon Co Ltd
(706.82 million Chinese Renmimbi [US$103.03 million]
of which 97%
was Tyre Cord Canvas).
Sales Analysis.
Nanjing Chemical Fibre Co. reported sales of 990.54 million Chinese Renmimbi (US$144.39 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 38.4%
versus 2017, when the company's sales were 1.61 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 51.6% decline
in Short Wire, from 1.03 billion Chinese Renmimbi to 499.47 million Chinese Renmimbi.
There were also decreases in sales in
Filament (down 29.5% to 437.00 million Chinese Renmimbi)
and
Tap Water (down 12.7% to 46.68 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Others (up 0.6% to 10.49 million Chinese Renmimbi)
.