Hsin Yung Chien Co Ltd operates within the Conveyors and conveying equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hsin Yung Chien Co Ltd with three other
material handling equipment manufacturers in Asia:
International Conveyors Limited
of INDIA
(2020
sales of 986.66 million Indian Rupees [US$13.46 million]
of which 91%
was Conveyor Belting),
NC Holdings Co Ltd
of JAPAN
(13.95 billion Japanese Yen [US$127.50 million]
of which 48%
was ted), and
SanFeng Intelligent Equipment Group Co Ltd
which is
based in CHINA
(1.17 billion Chinese Renmimbi [US$181.44 million]
of which 84%
was Car).
Sales Analysis.
During the year ended December of 2020, sales at
Hsin Yung Chien Co Ltd were 1.60 billion Taiwanese Dollars (US$57.08 million).
This
is
a
decrease of 3.8%
versus 2019, when the company's sales were 1.66 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 91.9% decline
in Rubber Convey Belt, from 1.57 billion Taiwanese Dollars to 126.92 million Taiwanese Dollars .
.
However, these declines were partially offset by the increase in sales of
Others (up 1,598.0% to 1.47 billion Taiwanese Dollars )
.