Hongda High-Tech Holding Company Limited operates in the Broadwoven fabric mills, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hongda High-Tech Holding Company Limited with three other
companies in this sector in China:
Lanzhou Sanmao Industrial
(2016
sales of 248.90 million Chinese Renmimbi [US$39.40 million]
of which 100%
was Wool Textile Industry),
Starrise Media Holdings Ltd
(811.32 million Chinese Renmimbi [US$128.43 million]
of which 85%
was Textile), and
Zhonghe Company Limited
(885.10 million Chinese Renmimbi [US$140.11 million]
of which 45%
was Textile).
Sales Analysis.
Hongda High-Tech Holding Company Limited reported sales of 569.53 million Chinese Renmimbi (US$90.16 million)
for the
year ending
December of 2016.
This
represents
an
increase of 8.2%
versus 2015, when the company's sales were 526.26 million Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Hongda High-Tech Holding Company Limited had sales
of 587.78 million Chinese Renmimbi.
Sales of Shipment Fabric saw an increase
that was more than double the company's growth rate: sales were up
21.9% in 2016, from
231.60 million Chinese Renmimbi to 282.38 million Chinese Renmimbi.
Hongda High-Tech Holding Company Limited also saw significant increases in sales in
Medical Apparatus and Instruments (up 19.6% to 54.19 million Chinese Renmimbi)
.
Not all segments of Hongda High-Tech Holding Company Limited experienced an increase in sales in 2016:
sales of Other fell 99.2% to 1,709.40 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Hongda High-Tech Holding Company Limited also experienced decreases in sales in
Trading (down 9.3% to 111.87 million Chinese Renmimbi)
and
Dress Fabric (down 4.0% to 76.92 million Chinese Renmimbi)
and
Dyeing (down 12.1% to 31.53 million Chinese Renmimbi)
.