Zhejiang Meili High Technology Co Ltd operates in the Steel springs, except wire sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zhejiang Meili High Technology Co Ltd with three other
metal product manufacturers in Asia:
Jouder Precision Industry Kunshan Co Ltd
sales of 311.47 million Chinese Renmimbi [US$48.62 million]
of which 97%
was Special Equipment Manufacturing Industry),
Jamna Auto Industries Limited
(11.29 billion Indian Rupees [US$153.88 million]
of which 100%
was Manufacturing and selling of automobile ), and
Chita Kogyo Co Ltd
based in JAPAN
(13.49 billion Japanese Yen [US$122.52 million]
of which 100%
was Spring Product manufacturing and sales b).
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Zhejiang Meili High Technology Co Ltd totalled
180.15 million Chinese Renmimbi.
an increase of 75.1%
from the 102.89 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Zhejiang Meili High Technology Co Ltd in the previous 20 quarters.
Sales at Zhejiang Meili High Technology Co Ltd appear to have some seasonality: during each of the previous 5
years, sales have been highest during the fourth quarter, which has accounted for
between 28.2% and 35.6%
of the annual
Zhejiang Meili High Technology Co Ltd reported sales of 673.61 million Chinese Renmimbi (US$105.15 million)
December of 2020.
increase of 12.0%
versus 2019, when the company's sales were 601.49 million Chinese Renmimbi.
Sales at Zhejiang Meili High Technology Co Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 126%).
Sales of Other Business saw an increase
that was more than double the company's growth rate: sales were up
33.8% in 2020, from
5.26 million Chinese Renmimbi to 7.04 million Chinese Renmimbi.
Not all segments of Zhejiang Meili High Technology Co Ltd experienced an increase in sales in 2020:
sales of Overseas fell 33.3% to 32.99 million Chinese Renmimbi.
Zhejiang Meili High Technology Co Ltd also experienced decreases in sales in
Domestic (down 14.2% to 633.59 million Chinese Renmimbi)