Lanzhou LS Heavy Equipment Co Ltd operates within the Fabricated plate work (boiler shops) sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lanzhou LS Heavy Equipment Co Ltd with three other
companies in this sector in China:
Suzhou Yangtze New Materials Co Ltd
sales of 1.89 billion Chinese Renmimbi [US$292.69 million]
of which 100%
was metal products),
Chengdu Huaqi Houpu Holding Co Ltd
(1.30 billion Chinese Renmimbi [US$201.39 million]
of which 88%
was Manufacturing industry), and
Suzhou Thvow Technology Co Ltd
(1.19 billion Chinese Renmimbi [US$184.93 million]
of which 46%
was High-end equipment manufacturing).
During the year ended December of 2016, sales at
Lanzhou LS Heavy Equipment Co Ltd were 1.74 billion Chinese Renmimbi (US$268.68 million).
decrease of 28.5%
versus 2015, when the company's sales were 2.43 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 98.1% decline
in Nuclear Power Equipment, from 39.15 million Chinese Renmimbi to 739,586.33 Chinese Renmimbi.
There were also decreases in sales in
Oil Refining Chemical Equipment (down 1.7% to 629.67 million Chinese Renmimbi)
Coal Chemical Industry Equipment (down 18.6% to 270.14 million Chinese Renmimbi)
Heat-Exchange Equipment (down 12.0% to 179.41 million Chinese Renmimbi)
Other Business (down 94.4% to 50.74 million Chinese Renmimbi)
the Spherical Tank Equipment (down 21.4% to 50.37 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Epc Project (up 122.3% to 303.89 million Chinese Renmimbi)
Fast Forging Hydraulic Equipment (up 22.6% to 155.46 million Chinese Renmimbi)
Other (up 353.1% to 67.88 million Chinese Renmimbi)