Zhejiang Wazam New Materials Co Ltd operates in the Copper rolling & drawing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zhejiang Wazam New Materials Co Ltd with three other
copper companies in Asia:
Tembaga Mulia Semanan Tbk PT
sales of 6.57 trillion Indonesian Rupiahs [US$456.96 million]
of which 95%
was Copper Wire and Bar),
Iljin Materials Co Ltd
of KOREA (SOUTH)
(536.92 billion Korean Won [US$473.02 million]
of which 75%
was Manufacture), and
based in JAPAN
(42.75 billion Japanese Yen [US$387.77 million]
of which 99%
was Non-ferrous Metal).
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 Zhejiang Wazam New Materials Co Ltd totalled
766.81 million Chinese Renmimbi.
an increase of 86.2%
from the 411.92 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Zhejiang Wazam New Materials Co Ltd in the previous 18 quarters.
There appears to be at least some degree of seasonality in the sales at Zhejiang Wazam New Materials Co Ltd: during 4 of the previous 5
years, sales were highest during the fourth quarter.
The exception to this was during 2019, when the
third quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
Zhejiang Wazam New Materials Co Ltd reported sales of 2.28 billion Chinese Renmimbi (US$353.96 million)
December of 2020.
increase of 12.7%
versus 2019, when the company's sales were 2.03 billion Chinese Renmimbi.
Sales at Zhejiang Wazam New Materials Co Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 157%).
Sales of Other Business saw an increase
that was more than double the company's growth rate: sales were up
179.7% in 2020, from
28.11 million Chinese Renmimbi to 78.62 million Chinese Renmimbi.