Jiangsu Baichuan High-Tech New Materials Co Ltd operates within the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jiangsu Baichuan High-Tech New Materials Co Ltd with three other
companies in this sector in CHINA :
Great Chinasoft Technology Co Ltd
sales of 2.64 billion Chinese Renmimbi [US$407.45 million]
of which 82%
was Supply chain management business),
Nantong Acetic Acid Chemical Co Ltd
(2.26 billion Chinese Renmimbi [US$349.09 million]
of which 41%
was Food feed additive), and
Guangzhou Tinci Materials Technology Co Ltd
(2.75 billion Chinese Renmimbi [US$425.94 million]
of which 62%
was Lithium ion battery material).
During the year ended December of 2019, sales at
Jiangsu Baichuan High-Tech New Materials Co Ltd were 2.57 billion Chinese Renmimbi (US$398.12 million).
decrease of 15.0%
versus 2018, when the company's sales were 3.03 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 48.0% decline
in Acetate, from 446.36 million Chinese Renmimbi to 232.10 million Chinese Renmimbi.
There were also decreases in sales in
Alcohol Ether (down 8.5% to 1.39 billion Chinese Renmimbi)
Polyhydric Alcohol (down 11.8% to 410.93 million Chinese Renmimbi)
Trimellitic Anhydride (down 16.0% to 388.34 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Insulating Resin (up 15.3% to 146.31 million Chinese Renmimbi)
Others (up 11.2% to 7.87 million Chinese Renmimbi)