Minmetals Development Company Limited operates in the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Minmetals Development Company Limited with three other
miscellaneous wholesalers in Asia:
Kanematsu Corporation
of JAPAN
(2020
sales of 721.80 billion Japanese Yen [US$6.57 billion]
of which 35%
was Electronic/device),
China Daye Non-Ferrous Metals Mining Limited
of HONG KONG
(33.11 billion Hong Kong Dollars [US$4.25 billion]
), and
Shinsho Corp
which is
based in JAPAN
(936.03 billion Japanese Yen [US$8.52 billion]
of which 34%
was Steel Business).
Sales Analysis.
Minmetals Development Company Limited reported sales of 67.32 billion Chinese Renmimbi (US$10.29 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 8.1%
versus 2019, when the company's sales were 62.25 billion Chinese Renmimbi.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Minmetals Development Company Limited had sales
of 61.94 billion Chinese Renmimbi.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
30.1% in 2020, from
41.57 million Chinese Renmimbi to 54.08 million Chinese Renmimbi.
Minmetals Development Company Limited also saw significant increases in sales in
Steel Trade (up 23.3% to 33.38 billion Chinese Renmimbi)
.
Not all segments of Minmetals Development Company Limited experienced an increase in sales in 2020:
sales of Metallurgy fell 99.0% to 13.65 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Minmetals Development Company Limited also experienced decreases in sales in
Raw Materials Trade (down 7.4% to 31.51 billion Chinese Renmimbi)
and
Transportation Service (down 5.1% to 2.28 billion Chinese Renmimbi)
.