Xinxiang Chemical Fibre Company Limited operates within the Cellulosic manmade fibers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xinxiang Chemical Fibre Company Limited with three other
companies in this sector in CHINA :
North Chemical Industries Co Ltd
sales of 2.46 billion Chinese Renmimbi [US$379.93 million]
of which 55%
was Shanxi Xinhua Chemical Co., Ltd.),
Aoyuan Beauty Valley Technology Co Ltd
(3.04 billion Chinese Renmimbi [US$469.87 million]
of which 75%
was Real Estate Development), and
Jiangsu Jiangnan High Polymer Fiber Co Ltd
(1.15 billion Chinese Renmimbi [US$177.97 million]
of which 77%
was Chemical Fiber).
During the year ended December of 2019, sales at
Xinxiang Chemical Fibre Company Limited were 4.79 billion Chinese Renmimbi (US$739.89 million).
increase of 7.0%
versus 2018, when the company's sales were 4.48 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Xinxiang Chemical Fibre Company Limited
(and since 2014, sales have increased a total of 69%).
Sales of Spandex Fiber saw an increase
that was more than double the company's growth rate: sales were up
20.2% in 2019, from
1.94 billion Chinese Renmimbi to 2.33 billion Chinese Renmimbi.
Xinxiang Chemical Fibre Company Limited also saw significant increases in sales in
Viscose Filament Yarn (up 14.8% to 2.01 billion Chinese Renmimbi)
Not all segments of Xinxiang Chemical Fibre Company Limited experienced an increase in sales in 2019:
sales of Viscous Staple Fiber fell 71.8% to 143.65 million Chinese Renmimbi.