Nan Nan Resources Enterprise Limited operates in the Bituminous coal and lignite--surface sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nan Nan Resources Enterprise Limited with three other
coal companies in Asia:
Golden Eagle Energy Tbk PT
of INDONESIA
(2020
sales of 209.45 billion Indonesian Rupiahs [US$14.77 million]
),
Qinghai Jinrui Mineral Development Company Limited
of CHINA
(163.01 million Chinese Renmimbi [US$25.47 million]
of which 100%
was Chongqing Area), and
Blackgold Natural Resources Ltd
which is
based in SINGAPORE
(13.28 million Singapore Dollars [US$10.02 million]
).
Sales Analysis.
Sales levels dropped significantly in the second
fiscal
quarter of 2021 versus the previous year's second quarter.
During the second
fiscal
quarter of 2021, sales at Nan Nan Resources Enterprise Limited totalled
HK$25.08 million.
This is a drop of 60.6%
from the HK$63.67 million in sales at the company during the second quarter in 2020.
Nan Nan Resources Enterprise Limited reported sales of HK$127.99 million (US$16.49 million)
for the
fiscal
year ending
March of 2020.
This
represents
an
increase of 69.2%
versus 2019, when the company's sales were HK$75.63 million.
Despite this increase, sales are still
well
below the level achieved in 2018, when Nan Nan Resources Enterprise Limited
reported sales of HK$182.45 million.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Nan Nan Resources Enterprise Limited had sales
of HK$124.46 million.
Sales of Renewable Energy Business saw an increase
of
98.2% in 2020, from
HK$391,000.00 to HK$775,000.00 .
Not all segments of Nan Nan Resources Enterprise Limited experienced an increase in sales in 2020:
sales of Coal Mining Business fell 1.8% to HK$73.91 million.