Qingdao East Steel Tower Stock Co Ltd operates in the Fabricated structural metal sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingdao East Steel Tower Stock Co Ltd with three other
companies in this sector in CHINA :
Center International Group Co Ltd
(2019
sales of 3.36 billion Chinese Renmimbi [US$518.96 million]
of which 56%
was Industrial Building),
CSSC Science & Technology Co Ltd
(3.33 billion Chinese Renmimbi [US$514.60 million]
of which 86%
was Design and construction contracting), and
Qingdao Huijintong Power Eouipment Co Ltd
(1.62 billion Chinese Renmimbi [US$250.21 million]
of which 93%
was Industrial Manufacturing).
Sales Analysis.
Qingdao East Steel Tower Stock Co Ltd reported sales of 2.57 billion Chinese Renmimbi (US$397.57 million)
for the
year ending
December of 2019.
This
represents
an
increase of 19.1%
versus 2018, when the company's sales were 2.16 billion Chinese Renmimbi.
Sales at Qingdao East Steel Tower Stock Co Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 159%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
341.7% in 2019, from
6.55 million Chinese Renmimbi to 28.94 million Chinese Renmimbi.
Qingdao East Steel Tower Stock Co Ltd also saw significant increases in sales in
Tower Manufacturing (up 71.8% to 1.93 billion Chinese Renmimbi)
.
Not all segments of Qingdao East Steel Tower Stock Co Ltd experienced an increase in sales in 2019:
sales of Construction/installation fell 44.9% to 95.22 million Chinese Renmimbi.
Qingdao East Steel Tower Stock Co Ltd also experienced decreases in sales in
Potash Fertilizer (down 15.5% to 862.18 million Chinese Renmimbi)
and
Photovoltaic Power Generation (down 26.9% to 6.29 million Chinese Renmimbi)
.