Hengbao Company Limited operates in the Plastics products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hengbao Company Limited with three other
companies in this sector in CHINA :
Guangdong Hotata Technology Group Co Ltd
(2019
sales of 1.26 billion Chinese Renmimbi [US$176.80 million]
of which 99%
was Manufacturing),
Guangdong Xiongsu Technology Group Co Ltd
(2.01 billion Chinese Renmimbi [US$282.49 million]
of which 100%
was Rubber and plastic products industry), and
Zhejiang Jiemei Electronic and Technology Co Ltd
(948.52 million Chinese Renmimbi [US$133.07 million]
of which 99%
was Electrical Information).
Sales Analysis.
Hengbao Company Limited reported sales of 1.54 billion Chinese Renmimbi (US$215.41 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 9.2%
versus 2018, when the company's sales were 1.69 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hengbao Company Limited had sales
of 1.55 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 66.4% decline
in Other Operation, from 10.90 million Chinese Renmimbi to 3.66 million Chinese Renmimbi.
There were also decreases in sales in
Special Internet of Things (down 46.2% to 399.39 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Card Type (up 18.1% to 904.98 million Chinese Renmimbi)
and
Module (up 23.3% to 146.10 million Chinese Renmimbi)
and
Member of the Online Version of the Soft (up 1.8% to 47.10 million Chinese Renmimbi)
and
Ticket Class (up 6.1% to 5.80 million Chinese Renmimbi)
.