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:
Lanzhou Great Wall Electrical
sales of 1.82 billion Chinese Renmimbi [US$268.94 million]
of which 40%
was Medium & High Voltage Switching Equipmen),
Anhui Sinonet & Xinlong Science & Technology Co Ltd
(1.67 billion Chinese Renmimbi [US$246.87 million]
of which 101%
was Electrical machinery and equipment manuf), and
Shenzhen Woer Heat-Shrinkable Material Co., Ltd.
(1.86 billion Chinese Renmimbi [US$275.95 million]
of which 57%
was Electrical and Electronic).
During the year ended December of 2016, sales at
Huayi Electric Co Ltd were 1.77 billion Chinese Renmimbi (US$262.46 million).
decrease of 14.0%
versus 2015, when the company's sales were 2.06 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 82.0% decline
in Other Operating, from 88.92 million Chinese Renmimbi to 15.99 million Chinese Renmimbi.
There were also decreases in sales in
High Voltage Electrical Appliances (down 4.6% to 920.65 million Chinese Renmimbi)
Wind Power Generation (down 17.9% to 824.42 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Environmental (up 745.1% to 11.33 million Chinese Renmimbi)