Ningbo Henghe Mould Co Ltd operates in the Special dies, tools, jigs & fixtures sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ningbo Henghe Mould Co Ltd with three other
companies in this sector in CHINA :
Shenzhen Changhong Technology Company Limited
(2019
sales of 715.36 million Chinese Renmimbi [US$105.90 million]
of which 97%
was Mold business),
Shanghai Yahong Moulding Co Ltd
(564.09 million Chinese Renmimbi [US$83.51 million]
of which 99%
was Industry), and
Fujian Nebula Electronics Ltd
(365.58 million Chinese Renmimbi [US$54.12 million]
of which 94%
was Equipment manufacturing industry).
Sales Analysis.
Ningbo Henghe Mould Co Ltd reported sales of 556.67 million Chinese Renmimbi (US$82.41 million)
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.4%
versus 2018, when the company's sales were 554.20 million Chinese Renmimbi.
This was the fourth straight year of sales growth at Ningbo Henghe Mould Co Ltd.
Sales of Metal Parts saw an increase
that was more than double the company's growth rate: sales were up
3,685.3% in 2019, from
262,942.05 Chinese Renmimbi to 9.95 million Chinese Renmimbi.
Ningbo Henghe Mould Co Ltd also saw significant increases in sales in
Cars (up 63.2% to 78.10 million Chinese Renmimbi)
and
Sanitary Appliance (up 14.5% to 49.97 million Chinese Renmimbi)
and
Super Precise Medical Apparatus (up 218.0% to 13.23 million Chinese Renmimbi)
and
New Light Source (up 50.9% to 10.60 million Chinese Renmimbi)
.
Not all segments of Ningbo Henghe Mould Co Ltd experienced an increase in sales in 2019:
sales of It Structural Parts fell 92.7% to 314,757.28 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Ningbo Henghe Mould Co Ltd also experienced decreases in sales in
Household Appliances (down 10.3% to 385.84 million Chinese Renmimbi)
and
Industrial Products Parts (down 5.7% to 4.82 million Chinese Renmimbi)
and
Others (down 66.7% to 3.84 million Chinese Renmimbi)
.