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:
Eita Resources Berhad
sales of 288.03 million Malaysian Ringgits [US$65.05 million]
Hyundai Elevator Co., Ltd
of South Korea
(1.76 trillion Korean Won [US$1.57 billion]
of which 75%
was Equipment Manufacturing), and
Fujitec Company Limited
based in Japan
(177.13 billion Japanese Yen [US$1.59 billion]
of which 43%
was Eastern Asia).
During the year ended December of 2016, sales at
Shanghai Mechanical & Electrical Industry Company Limited were 18.88 billion Chinese Renmimbi (US$2.74 billion).
decrease of 1.8%
versus 2015, when the company's sales were 19.22 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 77.7% decline
in Printing and Packaging Machinery, from 764.69 million Chinese Renmimbi to 170.45 million Chinese Renmimbi.
There were also decreases in sales in
Electric Compression Machinery (down 64.4% to 144.65 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Lift and Elevator Manufacturing (up 2.5% to 18.05 billion Chinese Renmimbi)
Energy Engineering (up 2.2% to 208.52 million Chinese Renmimbi)
Weld Machine Tool (up 4.7% to 170.27 million Chinese Renmimbi)
Corporate Expense& Other (up 32.5% to 193.07 million Chinese Renmimbi)