Tianma Bearing Group Co Ltd operates within the Ball and roller bearings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tianma Bearing Group Co Ltd with three other
companies in this sector in China:
Zhejiang XCC Group Co Ltd
sales of 1.07 billion Chinese Renmimbi [US$155.77 million]
of which 41%
was Automobile bearing ring),
XiangYang Automobile Bearing Share Company
(1.39 billion Chinese Renmimbi [US$202.19 million]
of which 88%
was auto parts), and
Wafangdian Bearing Company Limited
(2.49 billion Chinese Renmimbi [US$361.95 million]
During the year ended December of 2016, sales at
Tianma Bearing Group Co Ltd were 2.16 billion Chinese Renmimbi (US$313.25 million).
increase of 2.8%
versus 2015, when the company's sales were 2.10 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Tianma Bearing Group Co Ltd
reported sales of 2.18 billion Chinese Renmimbi.
Sales of Agriculture and Animal Husbandry saw an increase
that was more than double the company's growth rate: sales were up
47.4% in 2016, from
38.34 million Chinese Renmimbi to 56.52 million Chinese Renmimbi.
Not all segments of Tianma Bearing Group Co Ltd experienced an increase in sales in 2016:
sales of Other Industry fell 25.2% to 66.12 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).