Jiangsu Fasten Company Limited operates within the Steel wire and related products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jiangsu Fasten Company Limited with three other
companies in this sector in China:
Ningxia Xinri Hengli Steel Wire Company Limited
sales of 552.09 million Chinese Renmimbi [US$77.82 million]
of which 60%
Guizhou Wire Rope Co.,Ltd
(2.08 billion Chinese Renmimbi [US$292.60 million]
of which 98%
was Metal Products Segment), and
Asian Star Anchor Chain Co Ltd Jiangsu
(1.04 billion Chinese Renmimbi [US$146.25 million]
of which 76%
was Shipbuilding Industry).
During the year ended December of 2018, sales at
Jiangsu Fasten Company Limited were 1.70 billion Chinese Renmimbi (US$239.36 million).
decrease of 15.3%
versus 2017, when the company's sales were 2.00 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Jiangsu Fasten Company Limited had sales
of 1.57 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 45.3% decline
in Other Operations, from 87.51 million Chinese Renmimbi to 47.86 million Chinese Renmimbi.
There were also decreases in sales in
Steel Wire/cable/metal (down 27.1% to 796.38 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Financial Service (up 1.0% to 859.11 million Chinese Renmimbi)