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:
Zhejiang Yinlun Machinery Company Limited
sales of 3.12 billion Chinese Renmimbi [US$470.57 million]
of which 99%
Wuxi Huaguang Boiler Co Ltd
(3.70 billion Chinese Renmimbi [US$558.55 million]
of which 53%
was Boiler manufacturing), and
China Western Power Industrial Co Ltd
(3.41 billion Chinese Renmimbi [US$514.31 million]
of which 98%
was Boiler Manufacturing).
During the year ended December of 2016, sales at
China First Heavy Industries Company were 3.20 billion Chinese Renmimbi (US$483.26 million).
decrease of 36.0%
versus 2015, when the company's sales were 5.00 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 36.1% decline
in Transpotation Business, from 10.82 million Chinese Renmimbi to 6.91 million Chinese Renmimbi.
There were also decreases in sales in
Machine Manufacturing (down 17.8% to 3.95 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Design Business (up 3,992.5% to 10.04 million Chinese Renmimbi)