Qingling Motors Company Limited operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingling Motors Company Limited with three other
companies in this sector in China:
Anhui Ankai Automobile Co., Ltd.
sales of 5.45 billion Chinese Renmimbi [US$787.95 million]
of which 77%
Shenyang Jinbei Automotive Company Limited
(5.77 billion Chinese Renmimbi [US$834.18 million]
of which 89%
was Automobile/Industry), and
Kama Company Limited
(4.89 billion Chinese Renmimbi [US$707.29 million]
of which 67%
Qingling Motors Company Limited reported sales of 5.07 billion Chinese Renmimbi (US$734.01 million)
December of 2017.
increase of 9.5%
versus 2016, when the company's sales were 4.63 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when Qingling Motors Company Limited
reported sales of 5.50 billion Chinese Renmimbi.
Sales of Automobile Parts and Accessories saw an increase
that was more than double the company's growth rate: sales were up
29.7% in 2017, from
220.52 million Chinese Renmimbi to 286.10 million Chinese Renmimbi.
Qingling Motors Company Limited also saw significant increases in sales in
Light-Duty Trucks (up 19.4% to 2.79 billion Chinese Renmimbi)
Not all segments of Qingling Motors Company Limited experienced an increase in sales in 2017:
sales of Multi-Purpose Vehicles fell 79.0% to 953,000.00 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Qingling Motors Company Limited also experienced decreases in sales in
Pick-Up Trucks (down 4.8% to 1.05 billion Chinese Renmimbi)
Medium and Heavy-Duty Trucks (down 2.2% to 945.26 million Chinese Renmimbi)