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Nanjing Chemical Fibre Co. Company Snapshot
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: Olympia Industries Ltd of INDIA (2020 sales of 1.33 billion Indian Rupees [US$18.12 million] ), Jinan Acetate Chemical Co Ltd of TAIWAN (2.35 billion Taiwanese Dollars [US$85.07 million] of which 72% was Acetate tow), and CHTC Helon Co Ltd (680.25 million Chinese Renmimbi [US$106.19 million] of which 96% was Curtain canvas).

Sales Analysis. Sales were up sharply during the first quarter of 2021 versus the previous year's first quarter. During the first quarter of 2021, sales at Nanjing Chemical Fibre Co. totalled 136.36 million Chinese Renmimbi. This is an increase of 115.1% from the 63.39 million Chinese Renmimbi in sales at the company during the first quarter of 2020. This was the largest same quarter increase in sales since the third quarter of 2014. Nanjing Chemical Fibre Co. reported sales of 365.97 million Chinese Renmimbi (US$57.13 million) for the year ending December of 2020. This represents a sharp decrease of 44.4% versus 2019, when the company's sales were 657.71 million Chinese Renmimbi. Contributing to the drop in overall sales was the 76.6% decline in Filament, from 184.41 million Chinese Renmimbi to 43.18 million Chinese Renmimbi. There were also decreases in sales in Short Wire (down 35.4% to 270.53 million Chinese Renmimbi) and Landscape Water (down 0.3% to 43.47 million Chinese Renmimbi) and Other Operation (down 17.7% to 8.79 million Chinese Renmimbi) .
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Nanjing Chemical Fibre Co.
  Stock Performance Chart for Nanjing Chemical Fibre Co.
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 6.65
(Figures in Chinese Renmimbi)
1 Week 3.7%   13 Weeks 2.2%  
4 Weeks 42.1%   52 Weeks n/a  
Nanjing Chemical Fibre Co. Key Data:
  Ticker: 600889 Country: China
  Exchanges: SHG Major Industry: Materials
    Sub Industry: Cellulosic Manmade Fibers
  2020 Sales 365,967,192
(Year Ending Jan 2021).
Employees: 1,356
  Currency: Chinese Renmimbi Market Cap: 2,436,200,967
  Fiscal Yr Ends: December Shares Outstanding: 366,346,010
  Share Type: A Gu Closely Held Shares: 196,584,454
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