Shanghai Morn Electric Equipment Company., Limited operates within the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Morn Electric Equipment Company., Limited with three other
companies in this sector in China:
Sichuan Huiyuan Optical Communications Co., Ltd.
sales of 454.89 million Chinese Renmimbi [US$66.02 million]
of which 52%
was Communication Engineering and System Int),
Sichuan Star Cable Co Ltd
(558.42 million Chinese Renmimbi [US$81.05 million]
of which 99%
was Manufacture), and
Allwin Telecommunication Company Limited
(478.62 million Chinese Renmimbi [US$69.47 million]
of which 100%
was Communication equipment manufacturing in).
During the year ended December of 2016, sales at
Shanghai Morn Electric Equipment Company., Limited were 500.81 million Chinese Renmimbi (US$72.69 million).
decrease of 13.1%
versus 2015, when the company's sales were 576.61 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 30.6% decline
in Other, from 16.11 million Chinese Renmimbi to 11.18 million Chinese Renmimbi.
There were also decreases in sales in
Industry (down 18.8% to 420.39 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Financial Management Products (up 61.6% to 69.24 million Chinese Renmimbi)