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Baying Ecological Holding Group Inc.  (BYIN)
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Baying Ecological Holding Group Inc's

Competitiveness


 

BYIN Sales vs. its Competitors Q3 2019



Comparing the results to its competitors, Baying Ecological Holding Group Inc reported Total Revenue decrease in the 3 quarter 2019 year on year by 0 %, despite revenue increase by most of its competitors of 0 %, recorded in the same quarter.

List of BYIN Competitors





Revenue Growth Comparisons




Net Income Comparison


Baying Ecological Holding Group Inc. recorded net loss , as well as most of its competitors.

<<  More on BYIN Income Comparisons


Baying Ecological Holding Group Inc's Comment on Competitors and Industry Peers


After dedicating years to understanding the domestic, as well as the international, walnut market we are confident in our ability to not only penetrate the existing market, but to revolutionize what success means for the industry. The current market is facing a number of shortcomings:

There is a marked shortage of quality products. With a lack of well-engineered walnut varieties, the current offers are lacking. An oversaturation of product due to an intense uptick in the number of orchards has caused the quality of fine Chinese walnuts to decline.

There are also rampant inconsistencies in the types of varieties being offered. We refer to this as the ‘wide and messy’ effect. Amongst the existing brands there is blind grafting of plants and almost no regulation when it comes to cultivations techniques. This leads to a lack of standardized quality as well as a lack of diversity in the available products.

Severe frost damage has also caused a great number of problems within the walnut industry. With no proper research having been applied to create a more frost-resistant walnut, almost the entire industry’s crop was lost with a bald harvest.

Without the ability to employ the systems that we have designed for crop management, the industry is currently experiencing the effects of poor management and in turn, they are seeing increasing smaller yields. When we compare the average yield in an American farm (around 4,000 to 5,000 kg per orchard) to the average in a Chinese farm (about 20 kg), we can see that if we are to be as successful as seasoned farmers, there is a vital need for our farmers to be using a better grafted plant in conjunction with a better, more standardized growing process.

Finally, we are revolutionizing the existing industrial chain, which is flawed and entirely inadequate for the industry. With no effective business partnerships in place, and widely unregulated, home-based distributions centers, there is no central organizing principle that allows for efficient management of the walnut market. We plan to broaden the processing capabilities of the current system, and tap into the relatively un-competitive industry by offering a more efficient distribution and production chain as well as our superior product.

We intend to adopt a world-renowned irrigation system designed by the Netafirm Company of Israel. In employing this system we will be able to broaden our agricultural locations since this system can be utilized in even the most challenging of environments, thus allowing us endless options as to where we can cultivate our crops. In addition we use organic fertilizers to grow all of our products. Not only are organic foods better for the environment and our customers’ health, but they will continue to be in extremely high demand and on track to be the most requested items in the industry.





*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.


BYIN's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Baying Ecological Holding Group Inc. BYIN 1 0 0 30
SUBTOTAL 1 0 0 30


             
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