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Guangzhou Pearl River Piano Group Co Ltd Company Snapshot
Guangzhou Pearl River Piano Group Co Ltd operates within the Musical instruments sector. In addition to historical fundamental analyses, the complete report available to purchase compares Guangzhou Pearl River Piano Group Co Ltd with three other musical instrument manufacturers in Asia: Samick Musical Instruments Company Limited of South Korea (2017 sales of 262.41 billion Korean Won [US$233.54 million] of which 61% was Musical instrument), Kawai Musical Instruments Manufacturing Company Limited of Japan (66.55 billion Japanese Yen [US$592.94 million] of which 54% was Musical Instruments Business), and Hailun Piano Co Ltd (469.66 million Chinese Renmimbi [US$67.95 million] of which 79% was Upright Piano).

Sales Analysis. During the year ended December of 2017, sales at Guangzhou Pearl River Piano Group Co Ltd were 1.79 billion Chinese Renmimbi (US$259.01 million). This is an increase of 14.3% versus 2016, when the company's sales were 1.57 billion Chinese Renmimbi. This was the fifth consecutive year of sales increases at Guangzhou Pearl River Piano Group Co Ltd (and since 2012, sales have increased a total of 37%). Sales of Educational Service saw an increase that was more than double the company's growth rate: sales were up 144.7% in 2017, from 19.29 million Chinese Renmimbi to 47.21 million Chinese Renmimbi. Not all segments of Guangzhou Pearl River Piano Group Co Ltd experienced an increase in sales in 2017: sales of Other Business fell 10.9% to 23.01 million Chinese Renmimbi. (However, this segment's sales were only a very small portion of the company's overall sales).
   
   
 
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Guangzhou Pearl River Piano Group Co Ltd
  Stock Performance Chart for Guangzhou Pearl River Piano Group Co Ltd
 
  Stock Data: Recent Stock Performance:
  Current Price (10/12/2018): 5.50
(Figures in Chinese Renmimbi)
1 Week n/a   13 Weeks -8.6%  
4 Weeks -12.1%   52 Weeks -40.8%  
 
Guangzhou Pearl River Piano Group Co Ltd Key Data:
  Ticker: 002678 Country: China
  Exchanges: SZN Major Industry: Hotels, Restaurants & Leisure
    Sub Industry: Musical Instruments
  2017 Sales 1,790,200,423
(Year Ending Jan 2018).
Employees: 2,308
  Currency: Chinese Renmimbi Market Cap: 7,470,761,777
  Fiscal Yr Ends: December Shares Outstanding: 1,358,320,323
  Share Type: A Gu Closely Held Shares: 1,183,013,378
 
 
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