Hangzhou Iron & Steel Co. operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hangzhou Iron & Steel Co. with three other
companies in this sector in CHINA :
SGIS Songshan Co., Ltd.
sales of 29.14 billion Chinese Renmimbi [US$4.43 billion]
of which 89%
was Steel Product),
AnYang Iron and Steel Co Ltd
(29.82 billion Chinese Renmimbi [US$4.53 billion]
of which 98%
was Ferrous Metal), and
Chongqing Iron & Steel Company Limited
(23.48 billion Chinese Renmimbi [US$3.57 billion]
of which 100%
was Steel Industry).
Hangzhou Iron & Steel Co. reported sales of 26.74 billion Chinese Renmimbi (US$4.07 billion)
December of 2019.
a very small
increase of 1.1%
versus 2018, when the company's sales were 26.45 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when Hangzhou Iron & Steel Co.
reported sales of 27.86 billion Chinese Renmimbi.
Sales of Commodity Trading saw an increase
that was more than double the company's growth rate: sales were up
24.5% in 2019, from
8.98 billion Chinese Renmimbi to 11.18 billion Chinese Renmimbi.
Hangzhou Iron & Steel Co. also saw significant increases in sales in
Environmental Protection (up 7.5% to 442.45 million Chinese Renmimbi)
Not all segments of Hangzhou Iron & Steel Co. experienced an increase in sales in 2019:
sales of Other Business fell 35.3% to 371.81 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Hangzhou Iron & Steel Co. also experienced decreases in sales in
Ferrous Metal Smelting and Calendering (down 10.5% to 14.75 billion Chinese Renmimbi)