Huayi Electric Co Ltd operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Huayi Electric Co Ltd with three other
companies in this sector in China:
Beijing Hezong Science & Technology Co Ltd
sales of 2.11 billion Chinese Renmimbi [US$306.59 million]
of which 70%
was Electrical Power System),
Anhui Sinonet & Xinlong Science & Technology Co Ltd
(2.03 billion Chinese Renmimbi [US$294.42 million]
of which 57%
was Software and information technology serv), and
Lanzhou Greatwall Electircal Co Ltd
(1.90 billion Chinese Renmimbi [US$276.80 million]
of which 34%
was Medium & High Voltage Switching Equipmen).
During the year ended December of 2017, sales at
Huayi Electric Co Ltd were 2.18 billion Chinese Renmimbi (US$316.59 million).
increase of 22.9%
versus 2016, when the company's sales were 1.77 billion Chinese Renmimbi.
Sales of Other Operating saw an increase
that was more than double the company's growth rate: sales were up
195.6% in 2017, from
15.99 million Chinese Renmimbi to 47.27 million Chinese Renmimbi.
Huayi Electric Co Ltd also saw significant increases in sales in
Wind Power Generation (up 60.1% to 1.32 billion Chinese Renmimbi)
Environmental (up 54.7% to 17.53 million Chinese Renmimbi)
Not all segments of Huayi Electric Co Ltd experienced an increase in sales in 2017:
sales of High Voltage Electrical Appliances fell 23.0% to 708.58 million Chinese Renmimbi.