Xinjiang Tianye Co., Ltd. operates in the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xinjiang Tianye Co., Ltd. with three other
companies in this sector in CHINA :
Xilong Scientific Co Ltd
(2019
sales of 3.34 billion Chinese Renmimbi [US$499.88 million]
of which 93%
was Chemical industry),
Zhejiang Jiahua Energy Chemical Industry Co Ltd
(5.37 billion Chinese Renmimbi [US$804.12 million]
of which 72%
was Chemical Industry), and
Shandong Shida Shenghua Chemical Group Co Ltd
(4.64 billion Chinese Renmimbi [US$695.46 million]
of which 48%
was Dimethyl Carbonate Series).
Sales Analysis.
Xinjiang Tianye Co., Ltd. reported sales of 4.50 billion Chinese Renmimbi (US$674.49 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 6.7%
versus 2018, when the company's sales were 4.83 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Xinjiang Tianye Co., Ltd. had sales
of 4.24 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 9.8% decline
in Tomato Industry, from 88.16 million Chinese Renmimbi to 79.50 million Chinese Renmimbi.
There were also decreases in sales in
Road Transportation (down 4.1% to 384.92 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Chemical Products (up 3.4% to 4.41 billion Chinese Renmimbi)
and
Other Operations (up 79.3% to 652.45 million Chinese Renmimbi)
and
Water-Saving Equipment and Other Plastic (up 9.3% to 628.38 million Chinese Renmimbi)
and
Packaging Materials (up 1.1% to 184.61 million Chinese Renmimbi)
and
Other Business (up 35.9% to 165.77 million Chinese Renmimbi)
.