Guirenniao Co Ltd operates within the Men's & boys' work clothing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guirenniao Co Ltd with three other
mens apparel manufacturers in Asia:
Hyungji Elite Inc
of South Korea
sales of 166.19 billion Korean Won [US$141.92 million]
of which 53%
Shenzhen Selen Science & Technology Company Limited
(3.21 billion Chinese Renmimbi [US$457.60 million]
of which 68%
was Functional Material), and
Pearl Global Industries Limited
based in India
(14.96 billion Indian Rupees [US$207.35 million]
During the year ended December of 2018, sales at
Guirenniao Co Ltd were 2.81 billion Chinese Renmimbi (US$400.47 million).
decrease of 13.5%
versus 2017, when the company's sales were 3.25 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 28.0% decline
in Sportswear, from 1.20 billion Chinese Renmimbi to 866.49 million Chinese Renmimbi.
There were also decreases in sales in
Sports Shoes (down 8.8% to 1.63 billion Chinese Renmimbi)
Accessories and Others (down 16.2% to 45.00 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Generation Operation (up 17.3% to 94.77 million Chinese Renmimbi)
Investment Business (up 36.8% to 87.60 million Chinese Renmimbi)
Economic Business (up 4.6% to 40.14 million Chinese Renmimbi)