Shanghai Tianyang Hot Melt Adhesives Co Ltd operates within the Adhesives and sealants sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Tianyang Hot Melt Adhesives Co Ltd with three other
companies in this sector in CHINA :
Suzhou Crystal Clear Chemical Co Ltd
sales of 755.72 million Chinese Renmimbi [US$105.91 million]
of which 100%
Beijing Comens New Materials Co Ltd
(960.11 million Chinese Renmimbi [US$134.56 million]
of which 61%
was Adhesive and Back Sheet Business Divisio), and
Shanghai Smith Adhesive New Material Co Ltd
(931.39 million Chinese Renmimbi [US$130.53 million]
of which 100%
was Chemical materials and manufacture).
During the year ended December of 2019, sales at
Shanghai Tianyang Hot Melt Adhesives Co Ltd were 658.77 million Chinese Renmimbi (US$92.33 million).
increase of 17.7%
versus 2018, when the company's sales were 559.68 million Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shanghai Tianyang Hot Melt Adhesives Co Ltd
(and since 2014, sales have increased a total of 103%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
313.9% in 2019, from
3.06 million Chinese Renmimbi to 12.66 million Chinese Renmimbi.
Shanghai Tianyang Hot Melt Adhesives Co Ltd also saw significant increases in sales in
Consumption (up 63.9% to 52.80 million Chinese Renmimbi)
Not all segments of Shanghai Tianyang Hot Melt Adhesives Co Ltd experienced an increase in sales in 2019:
sales of Other Business fell 35.9% to 1.04 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).