Qingdao Hanhe Cable Company Limited operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingdao Hanhe Cable Company Limited with three other
companies in this sector in CHINA :
Nanyang Topsec Technologies Group Inc
sales of 7.09 billion Chinese Renmimbi [US$998.64 million]
of which 66%
was Wire and Cable),
Accelink Technologies Co Limited
(5.34 billion Chinese Renmimbi [US$751.74 million]
of which 100%
was Communications Equipment Manufacturing), and
Fujian Nanping Sun Cable Co Ltd
(6.97 billion Chinese Renmimbi [US$982.27 million]
of which 61%
was Wire And Cable).
Qingdao Hanhe Cable Company Limited reported sales of 6.18 billion Chinese Renmimbi (US$870.27 million)
December of 2019.
increase of 11.0%
versus 2018, when the company's sales were 5.57 billion Chinese Renmimbi.
This was the third consecutive year of growth at Qingdao Hanhe Cable Company Limited.
Sales of Bare Wire saw an increase
that was more than double the company's growth rate: sales were up
118.0% in 2019, from
533.05 million Chinese Renmimbi to 1.16 billion Chinese Renmimbi.
Qingdao Hanhe Cable Company Limited also saw significant increases in sales in
Special Cable (up 22.3% to 196.74 million Chinese Renmimbi)
Electrical Cable for Electrical Equipmen (up 19.5% to 180.70 million Chinese Renmimbi)
Raw Materials and Footers, Etc (up 32.0% to 102.88 million Chinese Renmimbi)
Not all segments of Qingdao Hanhe Cable Company Limited experienced an increase in sales in 2019:
sales of Other fell 4.2% to 267.72 million Chinese Renmimbi.
Qingdao Hanhe Cable Company Limited also experienced decreases in sales in
Power Cable (down 2.2% to 4.14 billion Chinese Renmimbi)
Communication Cables and Cables (down 3.0% to 125.30 million Chinese Renmimbi)