Weilong Grape Wine Co Ltd operates in the Wines, brandy, and brandy spirits sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Weilong Grape Wine Co Ltd with three other
companies in this sector in CHINA :
Tonghua Grape Wine Co., Ltd.
sales of 602.51 million Chinese Renmimbi [US$94.18 million]
of which 92%
Gansu Mogao Industrial Development Co., Ltd.
(131.48 million Chinese Renmimbi [US$20.55 million]
of which 60%
was Agriculture), and
Dukang Distillers Holdings Limited
(113.33 million Chinese Renmimbi [US$17.72 million]
During the first
quarter of 2021, sales at Weilong Grape Wine Co Ltd totalled
136.90 million Chinese Renmimbi.
an increase of 30.7%
from the 104.76 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Weilong Grape Wine Co Ltd in the previous 22 quarters.
There appears to be at least some degree of seasonality in the sales at Weilong Grape Wine Co Ltd: during 5 of the previous 6
years, sales were highest during the fourth quarter.
The exception to this was during 2019, when the
first quarter was the best quarter, accounting for
32% of sales (during that same year, the
fourth quarter accounted for 24% of sales).
Weilong Grape Wine Co Ltd reported sales of 368.15 million Chinese Renmimbi (US$57.55 million)
December of 2020.
decrease of 41.1%
versus 2019, when the company's sales were 625.13 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 43.4% decline
in Wine Production and Sales, from 645.57 million Chinese Renmimbi to 365.41 million Chinese Renmimbi.
However, these declines were partially offset by the increase in sales of
Agriculture-Stock Production (up 18.1% to 60.89 million Chinese Renmimbi)