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 810.61 million Chinese Renmimbi [US$117.79 million]
of which 99%
Shanghai Kangda New Materials Co Ltd
(928.33 million Chinese Renmimbi [US$134.90 million]
of which 69%
was Adhesive Industry), and
Luxking Group Holdings Ltd
(531.84 million Chinese Renmimbi [US$77.28 million]
During the year ended December of 2018, sales at
Shanghai Tianyang Hot Melt Adhesives Co Ltd were 559.68 million Chinese Renmimbi (US$81.33 million).
increase of 23.0%
versus 2017, when the company's sales were 455.08 million Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shanghai Tianyang Hot Melt Adhesives Co Ltd
(and since 2013, sales have increased a total of 88%).
Sales of Consumption saw an increase
43.1% in 2018, from
22.51 million Chinese Renmimbi to 32.21 million Chinese Renmimbi.
Not all segments of Shanghai Tianyang Hot Melt Adhesives Co Ltd experienced an increase in sales in 2018:
sales of Other Business fell 21.8% to 1.63 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).