Sinosteel Engineering and Technology Co Ltd operates within the Carbon and graphite products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinosteel Engineering and Technology Co Ltd with three other
companies in this sector in China:
Fangda Carbon New Material Company Limited
(2018
sales of 11.65 billion Chinese Renmimbi [US$1.65 billion]
of which 98%
was Carbon),
North Industries Group Red Arrow Co Ltd
(4.95 billion Chinese Renmimbi [US$701.52 million]
of which 46%
was Military Products), and
Sunstone Development Co Ltd
(3.33 billion Chinese Renmimbi [US$471.75 million]
of which 97%
was Non-Metallic Mineral).
Sales Analysis.
During the year ended December of 2018, sales at
Sinosteel Engineering and Technology Co Ltd were 8.37 billion Chinese Renmimbi (US$1.18 billion).
This
is
an
increase of 6.5%
versus 2017, when the company's sales were 7.86 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2016, when Sinosteel Engineering and Technology Co Ltd
reported sales of 9.43 billion Chinese Renmimbi.
Sales of Epc saw an increase
that was more than double the company's growth rate: sales were up
1,232.8% in 2018, from
560.77 million Chinese Renmimbi to 7.47 billion Chinese Renmimbi.
Sinosteel Engineering and Technology Co Ltd also saw significant increases in sales in
Service Business (up 163.8% to 192.18 million Chinese Renmimbi)
and
Others (up 38.1% to 21.80 million Chinese Renmimbi)
.
Not all segments of Sinosteel Engineering and Technology Co Ltd experienced an increase in sales in 2018:
sales of Domestic and Foreign Trade fell 90.6% to 679.06 million Chinese Renmimbi.