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:
sales of 155.66 billion Japanese Yen [US$1.37 billion]
of which 84%
Korea Electric Terminal Company Ltd
of South Korea
(744.45 billion Korean Won [US$663.30 million]
of which 98%
was Cars & Electricity), and
Umc Electronics Co Ltd
based in Japan
(111.92 billion Japanese Yen [US$987.10 million]
of which 39%
was On-board Device).
During the year ended December of 2017, sales at
Chongqing Machinery & Electric Company Limited were 9.29 billion Chinese Renmimbi (US$1.34 billion).
a very small
increase of 1.8%
versus 2016, when the company's sales were 9.13 billion Chinese Renmimbi.
Sales of All Other Segments saw an increase
that was more than double the company's growth rate: sales were up
31.2% in 2017, from
863.97 million Chinese Renmimbi to 1.13 billion Chinese Renmimbi.
Chongqing Machinery & Electric Company Limited also saw significant increases in sales in
Electrical Wires and Cables (up 18.6% to 1.45 billion Chinese Renmimbi)
Machinery Tools (up 27.5% to 865.99 million Chinese Renmimbi)
Hydroelectric Generation Equipment (up 10.0% to 446.55 million Chinese Renmimbi)
Financial Services (up 20.4% to 67.31 million Chinese Renmimbi)
Not all segments of Chongqing Machinery & Electric Company Limited experienced an increase in sales in 2017:
sales of Gear Boxes fell 39.0% to 235.57 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Chongqing Machinery & Electric Company Limited also experienced decreases in sales in
Material Sales (down 10.8% to 3.32 billion Chinese Renmimbi)
General Machinery (down 1.3% to 1.78 billion Chinese Renmimbi)