Guangzhou Development Group Inc operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangzhou Development Group Inc with three other
companies in this sector in China:
Shanghai Electric Power Company Limited
sales of 16.04 billion Chinese Renmimbi [US$2.49 billion]
of which 91%
was Electric Power Generation),
Guangdong Electric Power Development Company Limited
(22.68 billion Chinese Renmimbi [US$3.52 billion]
of which 99%
was Electric Power Generation), and
China Longyuan Power Group Limited
(22.30 billion Chinese Renmimbi [US$3.47 billion]
of which 63%
was Wind Power).
During the year ended December of 2016, sales at
Guangzhou Development Group Inc were 22.02 billion Chinese Renmimbi (US$3.42 billion).
increase of 4.4%
versus 2015, when the company's sales were 21.10 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Guangzhou Development Group Inc
(and since 2011, sales have increased a total of 104%).
Sales of Petroleum/coal/concrete Sale saw an increase
that was more than double the company's growth rate: sales were up
10.4% in 2016, from
10.39 billion Chinese Renmimbi to 11.47 billion Chinese Renmimbi.
Not all segments of Guangzhou Development Group Inc experienced an increase in sales in 2016:
sales of Other Operations fell 12.9% to 375.39 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Guangzhou Development Group Inc also experienced decreases in sales in
Electricity Generation (down 0.1% to 6.97 billion Chinese Renmimbi)
Natural Gas (down 3.6% to 3.14 billion Chinese Renmimbi)
Other Main Operation (down 10.8% to 52.95 million Chinese Renmimbi)