Shenzhen Huakong Seg Co Ltd operates within the Electronic parts and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenzhen Huakong Seg Co Ltd with three other
computer and electronic stores in Asia:
Kuen Chaang Uppertech Corp.
of TAIWAN
(2020
sales of 1.04 billion Taiwanese Dollars [US$37.42 million]
),
Visco Technologies Corp
of JAPAN
(3.47 billion Japanese Yen [US$31.51 million]
of which 100%
was Image processing inspection equipment bu), and
Niching Industrial Corporation
which is
based in TAIWAN
(964.46 million Taiwanese Dollars [US$34.87 million]
).
Sales Analysis.
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Shenzhen Huakong Seg Co Ltd totalled
67.91 million Chinese Renmimbi.
This is
an increase of 132.8%
from the 29.17 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the second
quarter of 2017.
There appears to be at least some degree of seasonality in the sales at Shenzhen Huakong Seg Co Ltd: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2013, when the
second quarter was the best quarter, accounting for
35% of sales (during that same year, the
fourth quarter accounted for 16% of sales).
During the year ended December of 2020, sales at
Shenzhen Huakong Seg Co Ltd were 228.68 million Chinese Renmimbi (US$35.70 million).
This
is
a very small
increase of 1.6%
versus 2019, when the company's sales were 225.09 million Chinese Renmimbi.
Sales of Environmental Protection saw an increase
that was more than double the company's growth rate: sales were up
7.9% in 2020, from
169.33 million Chinese Renmimbi to 182.64 million Chinese Renmimbi.
Not all segments of Shenzhen Huakong Seg Co Ltd experienced an increase in sales in 2020:
sales of Engineering Construction fell 27.4% to 26.73 million Chinese Renmimbi.