New Sea Union Technology Group Co Ltd operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares New Sea Union Technology Group Co Ltd with three other
companies in this sector in China:
Nanjing Quanxin Cable Technology Co Ltd
(2018
sales of 647.99 million Chinese Renmimbi [US$92.06 million]
of which 47%
was Components and photovoltaic systems),
Chengdu Putian Telecommunications Cable Company Limited
(614.61 million Chinese Renmimbi [US$87.32 million]
of which 54%
was Optical cable), and
Zhejiang Tony Electronic Co Ltd
(872.40 million Chinese Renmimbi [US$123.94 million]
of which 100%
was manufacturing).
Sales Analysis.
New Sea Union Technology Group Co Ltd reported sales of 759.22 million Chinese Renmimbi (US$107.86 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 52.7%
versus 2017, when the company's sales were 1.60 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, New Sea Union Technology Group Co Ltd had sales
of 821.59 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 52.0% decline
in Communication Manufacturing, from 1.05 billion Chinese Renmimbi to 505.84 million Chinese Renmimbi.
There were also decreases in sales in
Led (down 51.7% to 149.50 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Other (up 186.3% to 110.61 million Chinese Renmimbi)
.