Chieftek Precision Company Limited operates in the Ball and roller bearings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chieftek Precision Company Limited with three other
bearing manufacturers in Asia:
Dongil Metal Company Limited
of KOREA (SOUTH)
sales of 58.61 billion Korean Won [US$52.40 million]
of which 100%
was Dongil Metal Co.,Ltd),
Baota Industry Co Ltd
(204.91 million Chinese Renmimbi [US$31.99 million]
of which 142%
was Machinery Parts Business Division), and
Samyoung M Tek Co
based in KOREA (SOUTH)
(68.02 billion Korean Won [US$60.81 million]
of which 87%
was Material segment).
During the first
quarter of 2021, sales at Chieftek Precision Company Limited totalled
418.65 million Taiwanese Dollars .
an increase of 44.1%
from the 290.49 million Taiwanese Dollars in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Chieftek Precision Company Limited: during 8 of the previous 9
years, sales were highest during the second quarter.
The exception to this was during 2017, when the
fourth quarter was the best quarter, accounting for
30% of sales (during that same year, the
second quarter accounted for 25% of sales).
Chieftek Precision Company Limited reported sales of 1.38 billion Taiwanese Dollars (US$49.96 million)
December of 2020.
increase of 6.3%
versus 2019, when the company's sales were 1.30 billion Taiwanese Dollars .
Despite this increase, sales are still
below the level achieved in 2018, when Chieftek Precision Company Limited
reported sales of 2.08 billion Taiwanese Dollars .
Sales of Chieftek Kunshan saw an increase
that was more than double the company's growth rate: sales were up
40.2% in 2020, from
289.57 million Taiwanese Dollars to 406.02 million Taiwanese Dollars .
Not all segments of Chieftek Precision Company Limited experienced an increase in sales in 2020:
sales of Cpc Europa fell 16.1% to 262.64 million Taiwanese Dollars .
Chieftek Precision Company Limited also experienced decreases in sales in
Cpc Usa (down 13.1% to 150.02 million Taiwanese Dollars )