Wafangdian Bearing Company Limited operates in the Ball and roller bearings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wafangdian Bearing Company Limited with three other
companies in this sector in China:
Luoyang Bearing Science & Technology Co.,Ltd.
sales of 1.49 billion Chinese Renmimbi [US$218.21 million]
of which 37%
XiangYang Automobile Bearing Share Company
(1.51 billion Chinese Renmimbi [US$221.16 million]
of which 88%
was auto parts), and
Tianma Bearing Group Co Ltd
(2.54 billion Chinese Renmimbi [US$371.68 million]
of which 98%
was Machinery Manufacturing).
Wafangdian Bearing Company Limited reported sales of 2.19 billion Chinese Renmimbi (US$319.91 million)
December of 2017.
decrease of 12.2%
versus 2016, when the company's sales were 2.49 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 37.9% decline
in Export Goods, from 376.71 million Chinese Renmimbi to 234.07 million Chinese Renmimbi.
There were also decreases in sales in
Bearings Used In Transportation (down 13.2% to 528.39 million Chinese Renmimbi)
Industrial Work (down 24.2% to 98.09 million Chinese Renmimbi)
Other (down 24.0% to 267.93 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Generic Bearings (up 5.7% to 563.67 million Chinese Renmimbi)
Special Bearings (up 1.0% to 498.26 million Chinese Renmimbi)