Yantai Zhenghai Magnetic Material Co Ltd operates within the Porcelain electrical supplies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Yantai Zhenghai Magnetic Material Co Ltd with three other
companies in this sector in China:
Shandong Sinocera Functional Material Co Ltd
sales of 683.56 million Chinese Renmimbi [US$108.19 million]
of which 40%
was Ink pigment),
Moso Power Supply Technology Company Limited
(1.29 billion Chinese Renmimbi [US$204.71 million]
of which 95%
was Computer, Tele-communication&Other Devic), and
Dalian Insulator Group Co Ltd
(752.81 million Chinese Renmimbi [US$119.15 million]
of which 97%
was Electrical Porcelain).
During the year ended December of 2016, sales at
Yantai Zhenghai Magnetic Material Co Ltd were 1.59 billion Chinese Renmimbi (US$251.29 million).
increase of 16.2%
versus 2015, when the company's sales were 1.37 billion Chinese Renmimbi.
This was the third consecutive year of growth at Yantai Zhenghai Magnetic Material Co Ltd.
Sales of Car saw an increase
that was more than double the company's growth rate: sales were up
65.6% in 2016, from
431.34 million Chinese Renmimbi to 714.22 million Chinese Renmimbi.
Not all segments of Yantai Zhenghai Magnetic Material Co Ltd experienced an increase in sales in 2016:
sales of Magnetic Products Sales fell 6.5% to 873.40 million Chinese Renmimbi.