North Chemical Industries Co Ltd operates within the Cellulosic manmade fibers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares North Chemical Industries Co Ltd with three other
companies in this sector in CHINA :
Jiangsu Jiangnan High Polymer Fiber Co Ltd
(2019
sales of 1.15 billion Chinese Renmimbi [US$177.97 million]
of which 77%
was Chemical Fiber),
Aoyuan Beauty Valley Technology Co Ltd
(3.04 billion Chinese Renmimbi [US$469.87 million]
of which 75%
was Real Estate Development), and
CHTC Helon Co Ltd
(790.67 million Chinese Renmimbi [US$122.07 million]
of which 97%
was Tyre Cord Canvas).
Sales Analysis.
During the year ended December of 2019, sales at
North Chemical Industries Co Ltd were 2.46 billion Chinese Renmimbi (US$379.93 million).
This
is
an
increase of 4.1%
versus 2018, when the company's sales were 2.36 billion Chinese Renmimbi.
This was the third consecutive year of growth at North Chemical Industries Co Ltd.
Sales of Shanxi Xinhua Chemical Co., Ltd. saw an increase
that was more than double the company's growth rate: sales were up
8.5% in 2019, from
1.24 billion Chinese Renmimbi to 1.34 billion Chinese Renmimbi.
Not all segments of North Chemical Industries Co Ltd experienced an increase in sales in 2019:
sales of the Jiangxi Qing Nitrification Cotton Co fell 95.5% to 2.91 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
North Chemical Industries Co Ltd also experienced decreases in sales in
Parent Company (down 1.8% to 649.45 million Chinese Renmimbi)
and
the Yangyang V Pump Co., Ltd. (down 5.7% to 435.29 million Chinese Renmimbi)
.