Nanning Baling Technology Co Ltd operates within the Refrigeration and heating equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nanning Baling Technology Co Ltd with three other
companies in this sector in China:
Beijing Shouhang Resources Saving Co Ltd
sales of 894.96 million Chinese Renmimbi [US$136.66 million]
of which 87%
was Equipment Manufacturing),
Luoyang Longhua Heat Transfer & Energy Conservation Co Ltd
(811.38 million Chinese Renmimbi [US$123.90 million]
of which 45%
was Branch 1), and
Xiezhong International Holdings Ltd
(896.76 million Chinese Renmimbi [US$136.94 million]
of which 100%
was Production & Sales of Automotive).
During the year ended December of 2016, sales at
Nanning Baling Technology Co Ltd were 878.32 million Chinese Renmimbi (US$134.12 million).
increase of 35.4%
versus 2015, when the company's sales were 648.63 million Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Nanning Baling Technology Co Ltd
(and since 2011, sales have increased a total of 75%).
Sales of Auto Industry saw an increase
40.3% in 2016, from
554.91 million Chinese Renmimbi to 778.53 million Chinese Renmimbi.
Not all segments of Nanning Baling Technology Co Ltd experienced an increase in sales in 2016:
sales of Engineering and Equipment Industry fell 34.4% to 4.35 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).