Hengbao Company Limited operates in the Miscellaneous personal services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hengbao Company Limited with three other
miscellaneous service shops in Asia:
IKK Inc.
of JAPAN
(2019
sales of 20.19 billion Japanese Yen [US$189.38 million]
of which 100%
was Wedding Services),
Gokurakuyu Holdings Co Ltd
of JAPAN
(15.99 billion Japanese Yen [US$149.99 million]
of which 72%
was Japan), and
Escrit Incorporation
which is
also
based in JAPAN
(33.30 billion Japanese Yen [US$312.38 million]
of which 86%
was Bridal).
Sales Analysis.
Hengbao Company Limited reported sales of 1.54 billion Chinese Renmimbi (US$237.14 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)
.