Cheng Shin Rubber Industries Company Limited operates within the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cheng Shin Rubber Industries Company Limited with three other
tire manufacturers in Asia:
Toyo Tire Corp
sales of 343.76 billion Japanese Yen [US$3.12 billion]
of which 89%
was Tire Business),
Sailun Group Co Ltd
(15.41 billion Chinese Renmimbi [US$2.41 billion]
of which 95%
was Tire Industry), and
Shandong Linglong Tyre Co Ltd
based in CHINA
(18.38 billion Chinese Renmimbi [US$2.87 billion]
of which 71%
was Tire Business-Mainland and HK).
During the first
quarter of 2021, sales at Cheng Shin Rubber Industries Company Limited totalled
27.57 billion Taiwanese Dollars .
an increase of 41.0%
from the 19.55 billion Taiwanese Dollars in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Cheng Shin Rubber Industries Company Limited in the previous 34 quarters.
During the year ended December of 2020, sales at
Cheng Shin Rubber Industries Company Limited were 96.21 billion Taiwanese Dollars (US$3.48 billion).
decrease of 12.1%
versus 2019, when the company's sales were 109.51 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 21.2% decline
in Corporate, from 13.21 billion Taiwanese Dollars to 10.41 billion Taiwanese Dollars .
There were also decreases in sales in
China Cheng Shin and Xiamen Haiyan (down 15.3% to 28.91 billion Taiwanese Dollars )
Other Main Operation (down 9.3% to 18.75 billion Taiwanese Dollars )
Xiamen Cheng Shin (down 5.4% to 15.18 billion Taiwanese Dollars )
Taiwan Cheng Shin and Maxxis Trade (down 2.7% to 13.78 billion Taiwanese Dollars )
Thailand Cheng Shin (down 18.9% to 9.18 billion Taiwanese Dollars )