Nuode Investment Co Ltd operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nuode Investment Co Ltd with three other
companies in this sector in China:
Jiangsu Dewei Advanced Materials Co Ltd
(2018
sales of 2.19 billion Chinese Renmimbi [US$311.20 million]
of which 25%
was XLPE material),
Tianjin Jingwei Huikai Optoelectronic Co Ltd
(2.06 billion Chinese Renmimbi [US$292.54 million]
of which 71%
was Touch Screen), and
Henan Tong Da Cable Co Ltd
(2.42 billion Chinese Renmimbi [US$342.98 million]
of which 99%
was Wire,cable).
Sales Analysis.
Nuode Investment Co Ltd reported sales of 2.32 billion Chinese Renmimbi (US$329.27 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 8.5%
versus 2017, when the company's sales were 2.54 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 27.6% decline
in Other Operations, from 19.00 million Chinese Renmimbi to 13.75 million Chinese Renmimbi.
There were also decreases in sales in
Electric Information Materials (down 9.6% to 1.96 billion Chinese Renmimbi)
and
Wire and Cable (down 19.5% to 149.18 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Finance Lease Payable (up 16.0% to 170.24 million Chinese Renmimbi)
and
Trading (up 93.5% to 28.48 million Chinese Renmimbi)
.