sumec corp ltd operates in the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares sumec corp ltd with three other
miscellaneous wholesalers in Asia:
Minmetals Development Company Limited
(2020
sales of 67.32 billion Chinese Renmimbi [US$10.34 billion]
of which 50%
was Steel Trade),
China Molybdenum Luoyang Co Ltd
(112.98 billion Chinese Renmimbi [US$17.36 billion]
of which 83%
was Metal Trade), and
Posco International Corp
which is
based in KOREA (SOUTH)
(21.47 trillion Korean Won [US$19.24 billion]
of which 90%
was Trade).
Sales Analysis.
sumec corp ltd reported sales of 98.59 billion Chinese Renmimbi (US$15.14 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 16.9%
versus 2019, when the company's sales were 84.36 billion Chinese Renmimbi.
Sales at sumec corp ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 11,054%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
115.2% in 2020, from
203.07 million Chinese Renmimbi to 436.95 million Chinese Renmimbi.
sumec corp ltd also saw significant increases in sales in
Textile and Apparel Processing and Tradi (up 24.0% to 9.97 billion Chinese Renmimbi)
and
Shipbuilding, Project Construction and T (up 44.2% to 6.94 billion Chinese Renmimbi)
.
Not all segments of sumec corp ltd experienced an increase in sales in 2020:
sales of Other Business fell 25.2% to 850.31 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
sumec corp ltd also experienced decreases in sales in
Photovoltaic Industry Business Segment (down 21.6% to 2.17 billion Chinese Renmimbi)
.