Zhejiang Guyue Longshan Shaoxin 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 Zhejiang Guyue Longshan Shaoxin Wine Co., Ltd. with three other
wine and liquor producers in Asia:
Tilaknagar Industries Limited
sales of 6.53 billion Indian Rupees [US$89.18 million]
of which 100%
was ign Liquor),
Associated Alcohols & Breweries Limited
(5.23 billion Indian Rupees [US$71.38 million]
of which 100%
was Manufacturing of Potable Alcohols), and
Tonghua Grape Wine Co., Ltd.
(602.51 million Chinese Renmimbi [US$94.18 million]
of which 92%
During the first
quarter of 2021, sales at Zhejiang Guyue Longshan Shaoxin Wine Co., Ltd. totalled
479.10 million Chinese Renmimbi.
an increase of 32.5%
from the 361.70 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 Guyue Longshan Shaoxin Wine Co., Ltd. in the previous 34 quarters.
There appears to be at least some degree of seasonality in the sales at Zhejiang Guyue Longshan Shaoxin Wine Co., Ltd.: during 8 of the previous 9
years, sales were highest during the first quarter.
The exception to this was during 2020, when the
fourth quarter was the best quarter, accounting for
34% of sales (during that same year, the
first quarter accounted for 29% of sales).
Zhejiang Guyue Longshan Shaoxin Wine Co., Ltd. reported sales of 1.27 billion Chinese Renmimbi (US$198.05 million)
December of 2020.
decrease of 26.3%
versus 2019, when the company's sales were 1.72 billion Chinese Renmimbi.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Zhejiang Guyue Longshan Shaoxin Wine Co., Ltd. had sales
of 1.34 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 69.0% decline
in Other Products, from 102,663.72 Chinese Renmimbi to 31,850.34 Chinese Renmimbi.
There were also decreases in sales in
Wine Industry (down 26.9% to 1.26 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Glass Industry (up 54.5% to 14.53 million Chinese Renmimbi)
Other Business (up 14.1% to 22.17 million Chinese Renmimbi)