Meisheng Cultural & Creative Corp Ltd operates within the Apparel and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Meisheng Cultural & Creative Corp Ltd with three other
miscellaneous apparel manufacturers in Asia:
Zhejiang Kanglongda Special Protection Technology Co Ltd
(2018
sales of 905.40 million Chinese Renmimbi [US$128.63 million]
of which 99%
was Textile),
T.Kawabe & Co Ltd
of Japan
(16.28 billion Japanese Yen [US$149.95 million]
), and
China Dive Co Ltd
(400.85 million Chinese Renmimbi [US$56.95 million]
of which 70%
was Diving Equipment Manufacturing and Trade).
Sales Analysis.
During the year ended December of 2018, sales at
Meisheng Cultural & Creative Corp Ltd were 777.81 million Chinese Renmimbi (US$110.50 million).
This
is
a
decrease of 14.7%
versus 2017, when the company's sales were 912.21 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 94.2% decline
in Animation, Games. Etc., from 147.16 million Chinese Renmimbi to 8.56 million Chinese Renmimbi.
There were also decreases in sales in
Cartoon Costumes (down 8.3% to 325.77 million Chinese Renmimbi)
and
Non-Anime Costumes (down 54.1% to 46.64 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Service Platform Revenue (up 28.7% to 385.42 million Chinese Renmimbi)
and
Other Operating (up 31.3% to 11.42 million Chinese Renmimbi)
.