Sichuan Changhong Electric Company Limited operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sichuan Changhong Electric Company Limited with three other
companies in this sector in China:
Hisense Electric Company Limited
sales of 31.83 billion Chinese Renmimbi [US$4.84 billion]
of which 100%
(106.78 billion Chinese Renmimbi [US$16.24 billion]
of which 27%
was Multimedia Product), and
Hangzhou Hikvision Digital Technology Company., Limited
(31.92 billion Chinese Renmimbi [US$4.85 billion]
of which 100%
was Video Products & Services).
Sichuan Changhong Electric Company Limited reported sales of 67.09 billion Chinese Renmimbi (US$10.20 billion)
December of 2016.
increase of 3.7%
versus 2015, when the company's sales were 64.69 billion Chinese Renmimbi.
Sales at Sichuan Changhong Electric Company Limited have increased during each of the previous five years
(and since 2011, sales have increased a total of 29%).
Sales of Transportation and Processing saw an increase
that was more than double the company's growth rate: sales were up
40.3% in 2016, from
447.61 million Chinese Renmimbi to 627.91 million Chinese Renmimbi.
Sichuan Changhong Electric Company Limited also saw significant increases in sales in
Intermediate Products (up 6.1% to 18.30 billion Chinese Renmimbi)
Others (up 32.0% to 2.02 billion Chinese Renmimbi)
Other Main Operations (up 8.6% to 1.21 billion Chinese Renmimbi)
Not all segments of Sichuan Changhong Electric Company Limited experienced an increase in sales in 2016:
sales of Real Estate fell 45.1% to 989.36 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).