Shanghai Mechanical & Electrical Industry Company Limited operates within the Elevators and moving stairways sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Mechanical & Electrical Industry Company Limited with three other
industrial machinery manufacturers in Asia:
Fujitec Company Limited
sales of 165.30 billion Japanese Yen [US$1.59 billion]
of which 42%
was Eastern Asia),
Yung Tay Engineering Company Limited
(23.10 billion Taiwanese Dollars [US$729.00 million]
of which 66%
was Mainland Elevator), and
Hyundai Elevator Co., Ltd
based in South Korea
(1.45 trillion Korean Won [US$1.28 billion]
of which 83%
was Equipment Manufacturing).
During the year ended December of 2015, sales at
Shanghai Mechanical & Electrical Industry Company Limited were 19.22 billion Chinese Renmimbi (US$2.84 billion).
decrease of 7.2%
versus 2014, when the company's sales were 20.71 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 68.2% decline
in Printing and Packaging Machinery, from 2.41 billion Chinese Renmimbi to 764.69 million Chinese Renmimbi.
There were also decreases in sales in
Electric Compression Machinery (down 23.0% to 406.73 million Chinese Renmimbi)
Weld Machine Tool (down 17.4% to 162.59 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Lift and Elevator Manufacturing (up 1.5% to 17.61 billion Chinese Renmimbi)
Energy Engineering (up 0.9% to 204.06 million Chinese Renmimbi)
Corporate Expense& Other (up 47.0% to 145.71 million Chinese Renmimbi)