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China New Borun Corp  (BORN)
Other Ticker:  
 
    Sector  Consumer Non Cyclical    Industry Alcoholic Beverages
 

China New Borun's

Competitiveness


 

BORN Sales vs. its Competitors Q4 2016




Comparing the results to its competitors, China New Borun reported Total Revenue decrease in the 4 quarter 2016 year on year by 0 %, slower than combine decrease of company's competitors by 0 %, recorded in the same quarter.

List of BORN Competitors




   
       
 
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Net Income Comparison


China New Borun Corp recorded net loss , as well as most of its competitors.

<<  More on BORN Income Comparisons
   
     


China New Borun's Comment on Competitors and Industry Peers


There is no dominant leader in our industry in the PRC but there are a few manufacturers whose capacities are similar to ours. We compete primarily on the basis of customer recognition and industry reputation, product price and quality, ability to deliver our product on a timely basis, and a competitive cost structure. We believe we can continue to compete successfully with our competitors because of our product quality, competitive cost structure and timely delivery of our product. In order to maintain and enhance our competitive advantages, we must continue to focus on our competitive pricing through cost control, product quality and improving our proprietary production processes.


We only compete with domestic companies and do not compete with any international producers. Our major competitors include the other top 10 edible alcohol producers in China such as Jilin New Tian Long, COFCO Zhaodong, Meihekou Fukang and Lianyungang Dongcheng.

Although we believe that our competitive strengths provide us with advantages over many of our competitors, some of our competitors may have stronger brand names, stronger customer bases, greater access to capital, longer operating histories, longer or more established relationships with their customers and greater marketing and other resources than we do. If we fail to maintain or improve our market position or fail to respond successfully to changes in the competitive landscape, our business, financial condition and results of operations may suffer.

 

We believe that we are currently the second largest producer of edible alcohol in China in terms of total production capacity and production output of edible alcohol. We believe our leading position plays an important role in negotiating and securing contracts with customers and suppliers and recruiting talent. We enjoy economies of scale over our competitors having a smaller production scale. Accordingly, we believe these enhance our overall competitiveness and are important to our future growth.



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