Shenzhen Sunrise New Energy Co Ltd operates within the Paints and allied products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenzhen Sunrise New Energy Co Ltd with three other
companies in this sector in China:
Shanghai Kinlita Chemical Co Ltd
sales of 808.58 million Chinese Renmimbi [US$114.94 million]
of which 61%
was Cathodic electrophoresis paint),
Zhuzhou Feilu High-Tech Materials Co Ltd
(383.40 million Chinese Renmimbi [US$54.50 million]
of which 62%
was Paint Sales Business), and
Chongqing Sanxia Paints Co Ltd
(630.22 million Chinese Renmimbi [US$89.59 million]
of which 76%
was Self produced paint business).
During the year ended December of 2018, sales at
Shenzhen Sunrise New Energy Co Ltd were 599.21 million Chinese Renmimbi (US$85.18 million).
decrease of 7.7%
versus 2017, when the company's sales were 649.06 million Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Shenzhen Sunrise New Energy Co Ltd had sales
of 588.90 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 61.9% decline
in New Material, from 83.76 million Chinese Renmimbi to 31.92 million Chinese Renmimbi.
There were also decreases in sales in
Chemical Manufacturing (down 13.4% to 291.35 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Energy-Saving and Thermal-Preserving (up 37.2% to 281.95 million Chinese Renmimbi)