Jingwei Textile Machinery Co Ltd operates in the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jingwei Textile Machinery Co Ltd with three other
textile machinery manufacturers in Asia:
sales of 42.20 billion Japanese Yen [US$384.03 million]
of which 79%
was Textile Machinery),
Shima Seiki Manufacturing Limited
(71.86 billion Japanese Yen [US$653.91 million]
of which 83%
was Flat Knitting Machine Business), and
CHTC Fong's International Co Ltd
based in Hong Kong
(3.47 billion Hong Kong Dollars [US$446.84 million]
of which 78%
was Manufacture and sale of dyeing and finis).
Jingwei Textile Machinery Co Ltd reported sales of 10.20 billion Chinese Renmimbi (US$1.48 billion)
December of 2018.
increase of 4.0%
versus 2017, when the company's sales were 9.80 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2016, when Jingwei Textile Machinery Co Ltd
reported sales of 10.34 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Jingwei Textile Machinery Co Ltd had sales
of 10.48 billion Chinese Renmimbi.
Sales of Textile Machine Manufacturing saw an increase
that was more than double the company's growth rate: sales were up
17.9% in 2018, from
3.81 billion Chinese Renmimbi to 4.50 billion Chinese Renmimbi.
Not all segments of Jingwei Textile Machinery Co Ltd experienced an increase in sales in 2018:
sales of Other fell 98.7% to 234,193.12 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Jingwei Textile Machinery Co Ltd also experienced decreases in sales in
Financial Trust (down 4.6% to 5.70 billion Chinese Renmimbi)