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Letong Chemical Co Ltd Company Snapshot
Letong Chemical Co Ltd operates within the Printing ink sector. In addition to historical fundamental analyses, the complete report available to purchase compares Letong Chemical Co Ltd with three other chemical manufacturers in Asia: Inktec Co., Ltd. of KOREA (SOUTH) (2019 sales of 59.08 billion Korean Won [US$53.58 million] of which 58% was Image Printing Division), PT Colorpak Indonesia Tbk of INDONESIA (816.41 billion Indonesian Rupiahs [US$58.05 million] of which 49% was Gravure), and Shenzhen Rongda Photosensitive & Technology Coltd (455.11 million Chinese Renmimbi [US$70.24 million] of which 100% was Electric Chemical Product).

Sales Analysis. During the year ended December of 2019, sales at Letong Chemical Co Ltd were 382.89 million Chinese Renmimbi (US$59.10 million). This is a decrease of 21.4% versus 2018, when the company's sales were 487.24 million Chinese Renmimbi. Contributing to the drop in overall sales was the 54.7% decline in Internet Ad Service, from 131.64 million Chinese Renmimbi to 59.57 million Chinese Renmimbi. There were also decreases in sales in Ink Industry (down 9.2% to 318.93 million Chinese Renmimbi) and Others (down 0.8% to 4.55 million Chinese Renmimbi) .
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Letong Chemical Co Ltd
  Stock Performance Chart for Letong Chemical Co Ltd
  Stock Data: Recent Stock Performance:
  Current Price (1/15/2021): 6.41
(Figures in Chinese Renmimbi)
1 Week -3.2%   13 Weeks -11.0%  
4 Weeks -26.1%   52 Weeks -24.9%  
Letong Chemical Co Ltd Key Data:
  Ticker: 002319 Country: China
  Exchanges: SZN Major Industry: Materials
    Sub Industry: Printing Ink
  2019 Sales 382,893,676
(Year Ending Jan 2020).
Employees: 317
  Currency: Chinese Renmimbi Market Cap: 1,282,000,000
  Fiscal Yr Ends: December Shares Outstanding: 200,000,000
  Share Type: Gu Closely Held Shares: 78,572,201
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