Shandong Weida Machinery Company Limited operates within the Machine tool accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Weida Machinery Company Limited with three other
machine tool and accessory manufacturers in Asia:
Fuji Seiko Limited
sales of 22.07 billion Japanese Yen [US$196.23 million]
(18.29 billion Japanese Yen [US$162.64 million]
of which 62%
was Operating segment-Japan), and
NS Tool Co Ltd
based in Japan
(8.38 billion Japanese Yen [US$74.52 million]
of which 100%
was End Mills).
During the year ended December of 2016, sales at
Shandong Weida Machinery Company Limited were 1.18 billion Chinese Renmimbi (US$178.42 million).
increase of 42.5%
versus 2015, when the company's sales were 828.28 million Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shandong Weida Machinery Company Limited
(and since 2011, sales have increased a total of 84%).
Sales of Accessories saw an increase
17.8% in 2016, from
761.64 million Chinese Renmimbi to 897.08 million Chinese Renmimbi.
Not all segments of Shandong Weida Machinery Company Limited experienced an increase in sales in 2016:
sales of Other Operations fell 7.3% to 8.33 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).