Cheng Loong Corporation operates within the Folding paperboard boxes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cheng Loong with three other
manufacturers of paperboard containers and boxes in Asia:
Furubayashi Shiko Company Limited
of JAPAN
(2019
sales of 19.54 billion Japanese Yen [US$184.83 million]
of which 74%
was Japan),
Tcpl Packaging Limited
of INDIA
(8.16 billion Indian Rupees [US$108.99 million]
of which 100%
was Printing & Packaging), and
Toin Corp
which is
based in JAPAN
(12.38 billion Japanese Yen [US$117.11 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Cheng Loong were 40.39 billion Taiwanese Dollars (US$1.38 billion).
This
is
a
decrease of 1.9%
versus 2018, when the company's sales were 41.18 billion Taiwanese Dollars .
The sales level in 2019 was fairly close to the level five years ago: in 2014, Cheng Loong had sales
of 44.87 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 19.4% decline
in China, from 10.06 billion Taiwanese Dollars to 8.11 billion Taiwanese Dollars .
There were also decreases in sales in
Taiwan (down 2.4% to 27.62 billion Taiwanese Dollars )
.
However, these declines were partially offset by the increase in sales of
South-East Asia (up 64.7% to 4.65 billion Taiwanese Dollars )
.