China First Heavy Industries Company operates within the Fabricated plate work (boiler shops) sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China First Heavy Industries Company with three other
companies in this sector in China:
Wuxi Huaguang Boiler Co Ltd
sales of 3.40 billion Chinese Renmimbi [US$493.17 million]
of which 55%
was Boiler manufacturing),
Zhejiang Yinlun Machinery Company Limited
(2.72 billion Chinese Renmimbi [US$395.18 million]
of which 99%
was industry), and
China Western Power Industrial Co Ltd
(3.69 billion Chinese Renmimbi [US$535.69 million]
of which 99%
was Boiler Manufacturing).
During the year ended December of 2015, sales at
China First Heavy Industries Company were 5.00 billion Chinese Renmimbi (US$726.20 million).
decrease of 31.7%
versus 2014, when the company's sales were 7.32 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 97.3% decline
in Design Business, from 9.11 million Chinese Renmimbi to 245,282.97 Chinese Renmimbi.
There were also decreases in sales in
Machine Manufacturing (down 33.0% to 4.80 billion Chinese Renmimbi)
Transpotation Business (down 60.0% to 10.82 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Trade Business (up 63.3% to 199.20 million Chinese Renmimbi)