Jiangsu Changhai Composite Materials Co Ltd operates within the Pressed and blown glass sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jiangsu Changhai Composite Materials Co Ltd with three other
companies in this sector in CHINA :
Jiangsu Xiuqiang Glasswork Co Ltd
(2019
sales of 1.27 billion Chinese Renmimbi [US$195.93 million]
of which 88%
was Glass Further Processing),
Shandong Fiberglass Group Co Ltd
(1.81 billion Chinese Renmimbi [US$279.64 million]
of which 83%
was Glass fiber products), and
Shandong Pharmaceutical Glass
(2.99 billion Chinese Renmimbi [US$461.96 million]
of which 91%
was Packaging products).
Sales Analysis.
During the year ended December of 2019, sales at
Jiangsu Changhai Composite Materials Co Ltd were 2.21 billion Chinese Renmimbi (US$341.16 million).
This
is
a very small
increase of 0.5%
versus 2018, when the company's sales were 2.20 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Jiangsu Changhai Composite Materials Co Ltd
(and since 2014, sales have increased a total of 99%).
Sales of Territory saw an increase
that was more than double the company's growth rate: sales were up
2.6% in 2019, from
1.63 billion Chinese Renmimbi to 1.67 billion Chinese Renmimbi.
Not all segments of Jiangsu Changhai Composite Materials Co Ltd experienced an increase in sales in 2019:
sales of Other fell 17.6% to 1.77 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Jiangsu Changhai Composite Materials Co Ltd also experienced decreases in sales in
Offshore (down 5.4% to 534.54 million Chinese Renmimbi)
.