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Tongling Jingda Special Magnet Wire Co., Ltd. Company Snapshot
Tongling Jingda Special Magnet Wire Co., Ltd. operates in the Nonferrous wiredrawing & insulating sector. In addition to historical fundamental analyses, the complete report available to purchase compares Tongling Jingda Special Magnet Wire Co., Ltd. with three other companies in this sector in China: Far East Smarter Energy Co Ltd (2018 sales of 17.51 billion Chinese Renmimbi [US$2.55 billion] of which 86% was Cable), Jiangsu Zhongchao Cable CO., LTD. (7.64 billion Chinese Renmimbi [US$1.11 billion] of which 100% was Cable Business), and Nanyang Topsec Technologies Group Inc (6.30 billion Chinese Renmimbi [US$916.26 million] of which 73% was Wire and Cable).

Sales Analysis. Tongling Jingda Special Magnet Wire Co., Ltd. reported sales of 11.90 billion Chinese Renmimbi (US$1.73 billion) for the year ending December of 2018. This represents an increase of 4.9% versus 2017, when the company's sales were 11.34 billion Chinese Renmimbi. This was the third consecutive year of growth at Tongling Jingda Special Magnet Wire Co., Ltd.. Sales of Other Operations saw an increase that was more than double the company's growth rate: sales were up 27.4% in 2018, from 168.84 million Chinese Renmimbi to 215.12 million Chinese Renmimbi. Not all segments of Tongling Jingda Special Magnet Wire Co., Ltd. experienced an increase in sales in 2018: sales of Logistics fell 84.0% to 168,559.52 Chinese Renmimbi. (However, this segment's sales were only a very small portion of the company's overall sales).
   
   
 
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Tongling Jingda Special Magnet Wire Co., Ltd.
  Stock Performance Chart for Tongling Jingda Special Magnet Wire Co., Ltd.
 
  Stock Data: Recent Stock Performance:
  Current Price (5/17/2019): 3.37
(Figures in Chinese Renmimbi)
1 Week 0.6%   13 Weeks -16.0%  
4 Weeks 8.4%   52 Weeks -13.4%  
 
Tongling Jingda Special Magnet Wire Co., Ltd. Key Data:
  Ticker: 600577 Country: China
  Exchanges: SHG Major Industry: Capital Goods
    Sub Industry: Nonferrous Wiredrawing & Insulating
  2018 Sales 11,897,796,104
(Year Ending Jan 2019).
Employees: 3,114
  Currency: Chinese Renmimbi Market Cap: 6,475,135,494
  Fiscal Yr Ends: December Shares Outstanding: 1,921,405,191
  Share Type: A Gu Closely Held Shares: 964,021,992
 
 
 
 
 
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