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Ningbo Cixing Co Ltd Company Snapshot
Ningbo Cixing Co Ltd operates in the Textile machinery sector. In addition to historical fundamental analyses, the complete report available to purchase compares Ningbo Cixing Co Ltd with three other textile machinery manufacturers in Asia: Tsudakoma Corporation of Japan (2018 sales of 42.20 billion Japanese Yen [US$384.03 million] of which 79% was Textile Machinery), Geron Co Ltd (2.28 billion Chinese Renmimbi [US$330.96 million] of which 67% was Stainless steel decorative board), and Lakshmi Machine Works Limited which is based in India (26.43 billion Indian Rupees [US$373.72 million] of which 76% was Textile Machinery Division).

Sales Analysis. Ningbo Cixing Co Ltd reported sales of 1.69 billion Chinese Renmimbi (US$245.21 million) for the year ending December of 2018. This represents an increase of 20.3% versus 2017, when the company's sales were 1.40 billion Chinese Renmimbi. This was the third consecutive year of growth at Ningbo Cixing Co Ltd. Sales of Knitting Machinery saw an increase of 35.5% in 2018, from 1.63 billion Chinese Renmimbi to 2.21 billion Chinese Renmimbi. Not all segments of Ningbo Cixing Co Ltd experienced an increase in sales in 2018: sales of Automation Equipment and Project Integra fell 46.3% to 91.10 million Chinese Renmimbi. Ningbo Cixing Co Ltd also experienced decreases in sales in Internet (down 1.2% to 282.08 million Chinese Renmimbi) .
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Ningbo Cixing Co Ltd
  Stock Performance Chart for Ningbo Cixing Co Ltd
  Stock Data: Recent Stock Performance:
  Current Price (1/17/2020): 4.60
(Figures in Chinese Renmimbi)
1 Week -3.2%   13 Weeks -8.5%  
4 Weeks -5.5%   52 Weeks -9.4%  
Ningbo Cixing Co Ltd Key Data:
  Ticker: 300307 Country: China
  Exchanges: SZN Major Industry: Capital Goods
    Sub Industry: Textile Machinery
  2018 Sales 1,689,675,750
(Year Ending Jan 2019).
Employees: 2,206
  Currency: Chinese Renmimbi Market Cap: 3,689,200,000
  Fiscal Yr Ends: December Shares Outstanding: 802,000,000
  Share Type: A Gu Closely Held Shares:
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