Guizhou Tyre Co., Ltd. operates within the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guizhou Tyre Co., Ltd. with three other
companies in this sector in China:
Aeolus Tyre Co Ltd
(2018
sales of 6.21 billion Chinese Renmimbi [US$879.74 million]
of which 98%
was Tires),
Jiangsu General Science Technology Co Ltd
(3.85 billion Chinese Renmimbi [US$544.80 million]
of which 98%
was Tyre), and
Triangle Tyre Co Ltd
(7.51 billion Chinese Renmimbi [US$1.06 billion]
of which 100%
was Tire).
Sales Analysis.
During the year ended December of 2018, sales at
Guizhou Tyre Co., Ltd. were 6.83 billion Chinese Renmimbi (US$966.60 million).
This
is
a
decrease of 1.9%
versus 2017, when the company's sales were 6.96 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Guizhou Tyre Co., Ltd. had sales
of 6.44 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 49.9% decline
in Other Business, from 2.07 billion Chinese Renmimbi to 1.04 billion Chinese Renmimbi.
.
However, these declines were partially offset by the increase in sales of
Tires Industry (up 32.8% to 5.79 billion Chinese Renmimbi)
.