Shenma Industry Co Ltd operates within the Organic fibers, noncellulosic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenma Industry Co Ltd with three other
companies in this sector in China:
Jiangsu Aoyang Technology Co., Ltd
sales of 4.88 billion Chinese Renmimbi [US$771.71 million]
of which 66%
was Chemical Fiber),
Zhejiang Hailide New Material Company Limited
(2.57 billion Chinese Renmimbi [US$406.23 million]
of which 71%
was Chemical Fiber Manufacturing), and
Zhejiang Huafeng Spandex Company Limited
(2.84 billion Chinese Renmimbi [US$450.18 million]
of which 100%
was Main Industry).
During the year ended December of 2016, sales at
Shenma Industry Co Ltd were 10.03 billion Chinese Renmimbi (US$1.59 billion).
increase of 24.0%
versus 2015, when the company's sales were 8.09 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Shenma Industry Co Ltd
reported sales of 14.89 billion Chinese Renmimbi.
Sales of Other Operation saw an increase
that was more than double the company's growth rate: sales were up
78.6% in 2016, from
3.09 billion Chinese Renmimbi to 5.53 billion Chinese Renmimbi.
Not all segments of Shenma Industry Co Ltd experienced an increase in sales in 2016:
sales of Chemical Fiber Weaving fell 20.8% to 2.52 billion Chinese Renmimbi.