Hangzhou Steam Turbine Company Limited operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hangzhou Steam Turbine Company Limited with three other
companies in this sector in China:
Titan Wind Energy (suzhou) Company Limited
sales of 2.31 billion Chinese Renmimbi [US$360.40 million]
of which 93%
was Wind Tower & Related Products),
Shanghai Taisheng Wind Power Equ
(1.51 billion Chinese Renmimbi [US$235.10 million]
of which 83%
was Tower and basic section), and
Jiangsu Jixin Wind Energy Technology Company Limited
(1.56 billion Chinese Renmimbi [US$243.11 million]
of which 98%
Hangzhou Steam Turbine Company Limited reported sales of 3.24 billion Chinese Renmimbi (US$505.19 million)
December of 2016.
increase of 24.4%
versus 2015, when the company's sales were 2.60 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Hangzhou Steam Turbine Company Limited
reported sales of 3.72 billion Chinese Renmimbi.
Sales of Boiler and Prime Mover Manufacturing saw an increase
40.0% in 2016, from
2.14 billion Chinese Renmimbi to 2.99 billion Chinese Renmimbi.
Not all segments of Hangzhou Steam Turbine Company Limited experienced an increase in sales in 2016:
sales of Other Specialized Equipments Manufacturi fell 52.7% to 153.28 million Chinese Renmimbi.
Hangzhou Steam Turbine Company Limited also experienced decreases in sales in
Casting Manufacturing (down 15.5% to 53.82 million Chinese Renmimbi)
Petro-Chemical and Other Industrial Specia (down 49.2% to 39.02 million Chinese Renmimbi)