Chongqing Machinery & Electric Company Limited operates within the Engine electrical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chongqing Machinery & Electric Company Limited with three other
electrical equipment manufacturers in Asia:
Ningbo Joyson Electronic Corp
sales of 8.08 billion Chinese Renmimbi [US$1.20 billion]
of which 97%
was Vehicle Equipment),
(164.23 billion Japanese Yen [US$1.58 billion]
of which 86%
was Automobile), and
Umc Electronics Co Ltd
based in Japan
(113.57 billion Japanese Yen [US$1.09 billion]
of which 100%
was EMS Business).
During the year ended December of 2015, sales at
Chongqing Machinery & Electric Company Limited were 9.01 billion Chinese Renmimbi (US$1.34 billion).
decrease of 5.0%
versus 2014, when the company's sales were 9.49 billion Chinese Renmimbi.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Chongqing Machinery & Electric Company Limited had sales
of 8.88 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 53.7% decline
in Financial Services, from 121.71 million Chinese Renmimbi to 56.36 million Chinese Renmimbi.
There were also decreases in sales in
Material Sales (down 29.4% to 2.56 billion Chinese Renmimbi)
Electrical Wires and Cables (down 12.0% to 2.15 billion Chinese Renmimbi)
All Other Segments (down 26.9% to 914.03 million Chinese Renmimbi)
Machinery Tools (down 24.4% to 876.06 million Chinese Renmimbi)
Gear Boxes (down 28.3% to 527.13 million Chinese Renmimbi)
Hydroelectric Generation Equipment (down 10.0% to 366.85 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
General Machinery (up 40.5% to 1.56 billion Chinese Renmimbi)