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:
Shenzhen Woer Heat-Shrinkable Material Co., Ltd.
sales of 1.62 billion Chinese Renmimbi [US$240.52 million]
of which 79%
was Electrical and Electronic),
Boer Power Holdings Limited
(2.47 billion Chinese Renmimbi [US$366.97 million]
of which 56%
was iEDS Solutions), and
Lanzhou Great Wall Electrical
(1.80 billion Chinese Renmimbi [US$267.66 million]
of which 43%
was Medium & High Voltage Switching Equipmen).
During the year ended December of 2015, sales at
Huayi Electric Co Ltd were 2.06 billion Chinese Renmimbi (US$305.53 million).
increase of 17.9%
versus 2014, when the company's sales were 1.75 billion Chinese Renmimbi.
This was the third consecutive year of growth at Huayi Electric Co Ltd.
Sales of Wind Power Generation saw an increase
that was more than double the company's growth rate: sales were up
44.6% in 2015, from
694.43 million Chinese Renmimbi to 1.00 billion Chinese Renmimbi.
Not all segments of Huayi Electric Co Ltd experienced an increase in sales in 2015:
sales of High Voltage Electrical Appliances fell 7.7% to 965.24 million Chinese Renmimbi.