Yip's Chemical Holdings Ltd operates in the Gum and wood chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Yip's Chemical Holdings Ltd with three other
chemical manufacturers in Asia:
Xinjiang Tianye Co., Ltd.
sales of 8.99 billion Chinese Renmimbi [US$1.39 billion]
of which 120%
was Chemical Product),
Tata Chemicals Limited
(103.57 billion Indian Rupees [US$1.40 billion]
of which 77%
was Basic Chemistry products), and
Dainichiseika Color & Chemicals MFG Co Ltd
based in JAPAN
(155.11 billion Japanese Yen [US$1.40 billion]
of which 54%
was Chemical goods business).
Yip's Chemical Holdings Ltd reported sales of HK$10.78 billion (US$1.39 billion)
December of 2020.
increase of 3.0%
versus 2019, when the company's sales were HK$10.46 billion.
Despite this increase, sales are still
below the level achieved in 2018, when Yip's Chemical Holdings Ltd
reported sales of HK$12.39 billion.
Sales of Lubricants saw an increase
that was more than double the company's growth rate: sales were up
8.1% in 2020, from
HK$203.53 million to HK$219.97 million.
Yip's Chemical Holdings Ltd also saw significant increases in sales in
Solvents (up 7.9% to HK$7.87 billion)
Not all segments of Yip's Chemical Holdings Ltd experienced an increase in sales in 2020:
sales of Properties fell 35.1% to HK$8.90 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Yip's Chemical Holdings Ltd also experienced decreases in sales in
Coatings (down 10.4% to HK$1.44 billion)
Inks (down 7.3% to HK$1.24 billion)