Shenzhen Prince New Material Co Ltd operates within the Paper coated & laminated, packaging sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenzhen Prince New Material Co Ltd with three other
companies in this sector in CHINA :
Anhui Guofeng Plastic Industry Co., Ltd.
sales of 1.36 billion Chinese Renmimbi [US$195.06 million]
of which 86%
was Plastic product business),
Zhejiang Zhongcheng Packing Material Company Limited
(1.25 billion Chinese Renmimbi [US$178.61 million]
of which 66%
was Plasticical Industry), and
SVG Group Co Ltd
(1.30 billion Chinese Renmimbi [US$185.98 million]
of which 64%
was Micro-nano Optical Products).
During the year ended December of 2019, sales at
Shenzhen Prince New Material Co Ltd were 1.33 billion Chinese Renmimbi (US$190.05 million).
increase of 45.4%
versus 2018, when the company's sales were 911.69 million Chinese Renmimbi.
This was the fourth straight year of sales growth at Shenzhen Prince New Material Co Ltd.
Sales of Foam Packing Material saw an increase
that was more than double the company's growth rate: sales were up
132.5% in 2019, from
132.60 million Chinese Renmimbi to 308.26 million Chinese Renmimbi.
Shenzhen Prince New Material Co Ltd also saw significant increases in sales in
Paper Packaging Material (up 80.1% to 205.57 million Chinese Renmimbi)
Other (up 80.3% to 57.44 million Chinese Renmimbi)
Not all segments of Shenzhen Prince New Material Co Ltd experienced an increase in sales in 2019:
sales of Plastic Packaging Film fell 15.1% to 331.83 million Chinese Renmimbi.
Shenzhen Prince New Material Co Ltd also experienced decreases in sales in
Plastic Buffer (down 14.3% to 79.77 million Chinese Renmimbi)