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Rongyu Group Co Ltd Company Snapshot
Rongyu Group Co Ltd operates in the Switchgear and switchboard apparatus sector. In addition to historical fundamental analyses, the complete report available to purchase compares Rongyu Group Co Ltd with three other power transmission equipment manufacturers in Asia: Modison Metals Limited of India (2016 sales of 1.68 billion Indian Rupees [US$26.44 million] ), Shivalik Bimetal Controls Limited of India (1.09 billion Indian Rupees [US$17.08 million] ), and Hollyland China Electronics Technology Corp Ltd (153.75 million Chinese Renmimbi [US$23.80 million] of which 94% was Circuit Protection Components).

Sales Analysis. Rongyu Group Co Ltd reported sales of 120.05 million Chinese Renmimbi (US$18.58 million) for the year ending December of 2016. This represents a decrease of 18.0% versus 2015, when the company's sales were 146.38 million Chinese Renmimbi. Contributing to the drop in overall sales was the 51.7% decline in Meter, from 415,858.91 Chinese Renmimbi to 200,775.09 Chinese Renmimbi. There were also decreases in sales in Electrical Switches (down 50.1% to 54.94 million Chinese Renmimbi) and Low Voltage Switch Equipment (down 46.2% to 17.40 million Chinese Renmimbi) . However, these declines were partially offset by the increase in sales of Highway Transport (up 1,136.3% to 45.57 million Chinese Renmimbi) and Other Operation (up 11,662.0% to 1.95 million Chinese Renmimbi) .
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Rongyu Group Co Ltd
  Stock Performance Chart for Rongyu Group Co Ltd
  Stock Data: Recent Stock Performance:
  Current Price (12/25/2017): 14.06
(Figures in Chinese Renmimbi)
1 Week n/a   13 Weeks n/a  
4 Weeks n/a   52 Weeks n/a  
Rongyu Group Co Ltd Key Data:
  Ticker: 002622 Country: China
  Exchanges: SZN Major Industry: Capital Goods
    Sub Industry: Switchgear & Switchboard Apparatus
  2016 Sales 120,046,259
(Year Ending Jan 2017).
Employees: 536
  Currency: Chinese Renmimbi Market Cap: 11,810,400,000
  Fiscal Yr Ends: December Shares Outstanding: 840,000,000
  Share Type: A Gu Closely Held Shares: 230,432,670
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