Guangdong Silver Age Sci& Tech Co Ltd operates within the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangdong Silver Age Sci& Tech Co Ltd with three other
companies in this sector in CHINA :
Combine Will International Holdings Limited
(2019
sales of 1.55 billion Chinese Renmimbi [US$238.81 million]
),
Wuxi Double Elephant Micro Fibre Material Co Ltd
(1.42 billion Chinese Renmimbi [US$217.60 million]
of which 54%
was PMMA), and
Shanghai Phichem Material Co Ltd
(1.51 billion Chinese Renmimbi [US$232.46 million]
of which 68%
was Electronic chemical material).
Sales Analysis.
During the year ended December of 2019, sales at
Guangdong Silver Age Sci& Tech Co Ltd were 1.51 billion Chinese Renmimbi (US$232.18 million).
This
is
a
sharp
decrease of 33.2%
versus 2018, when the company's sales were 2.26 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 91.8% decline
in Computer Communication, from 359.74 million Chinese Renmimbi to 29.40 million Chinese Renmimbi.
There were also decreases in sales in
Plastic Industry (down 23.2% to 1.35 billion Chinese Renmimbi)
and
Electrical Machine and Equipment (down 10.2% to 117.20 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Other Income (up 66.5% to 14.30 million Chinese Renmimbi)
.