Nantong Acetic Acid Chemical Co Ltd operates within the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nantong Acetic Acid Chemical Co Ltd with three other
companies in this sector in CHINA :
Zhejiang Xinhua Chemical Co Ltd
sales of 2.32 billion Chinese Renmimbi [US$359.71 million]
of which 78%
was Zhejiang Branch),
Zhejiang Jiuzhou Pharmaceutical Co Ltd
(2.65 billion Chinese Renmimbi [US$410.25 million]
of which 49%
was Patent Medicine Raw Materials & Intermed), and
Jiangsu Baichuan High-Tech New Materials Co Ltd
(2.19 billion Chinese Renmimbi [US$338.88 million]
of which 100%
was Chemical Industry).
During the first
quarter of 2021, sales at Nantong Acetic Acid Chemical Co Ltd totalled
638.29 million Chinese Renmimbi.
an increase of 29.0%
from the 494.72 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Nantong Acetic Acid Chemical Co Ltd: during 5 of the previous 6
years, sales were highest during the fourth quarter.
The exception to this was during 2015, when the
second quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 23% of sales).
During the year ended December of 2020, sales at
Nantong Acetic Acid Chemical Co Ltd were 2.42 billion Chinese Renmimbi (US$375.64 million).
increase of 7.4%
versus 2019, when the company's sales were 2.26 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Nantong Acetic Acid Chemical Co Ltd
(and since 2015, sales have increased a total of 95%).
Sales of Other Organic Compounds saw an increase
that was more than double the company's growth rate: sales were up
29.5% in 2020, from
252.51 million Chinese Renmimbi to 327.10 million Chinese Renmimbi.
Nantong Acetic Acid Chemical Co Ltd also saw significant increases in sales in
Pigment (Dye) Intermediates (up 10.1% to 355.65 million Chinese Renmimbi)
Other Goods (up 11.1% to 267.48 million Chinese Renmimbi)
Not all segments of Nantong Acetic Acid Chemical Co Ltd experienced an increase in sales in 2020:
sales of Pharmaceutical Pesticide Intermediate fell 6.9% to 467.50 million Chinese Renmimbi.