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
(2016
sales of 807.81 million Chinese Renmimbi [US$127.88 million]
),
Guangdong Xiongsu Technology Group Co Ltd
(1.26 billion Chinese Renmimbi [US$200.17 million]
of which 100%
was Rubber and plastic products industry), and
Ningbo Tianlong Electronics Co Ltd
(805.64 million Chinese Renmimbi [US$127.53 million]
of which 99%
was Plastic parts manufacturing industry).
Sales Analysis.
Hengbao Company Limited reported sales of 1.35 billion Chinese Renmimbi (US$214.18 million)
for the
year ending
December of 2016.
This
represents
a
sharp
decrease of 25.6%
versus 2015, when the company's sales were 1.82 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 38.0% decline
in Other Operation, from 11.49 million Chinese Renmimbi to 7.12 million Chinese Renmimbi.
There were also decreases in sales in
Industry (down 27.1% to 1.31 billion Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Information Software (up 139.1% to 40.41 million Chinese Renmimbi)
.