Fujian Longxi Bearing Co., Ltd. operates in the Power transmission equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fujian Longxi Bearing Co., Ltd. with three other
power transmission equipment manufacturers in Asia:
Asiatic Group (Holdings) Ltd
sales of 39.37 million Singapore Dollars [US$27.59 million]
of which 58%
was Power Related),
Taier Heavy Industry Co Ltd
(375.78 million Chinese Renmimbi [US$54.16 million]
of which 100%
was Machinery Manufacture), and
Oriental Chain Mfg. Co., Ltd.
based in Japan
(3.44 billion Japanese Yen [US$29.82 million]
of which 91%
was Chain Business).
Fujian Longxi Bearing Co., Ltd. reported sales of 596.50 million Chinese Renmimbi (US$85.97 million)
December of 2015.
decrease of 18.1%
versus 2014, when the company's sales were 728.04 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 68.9% decline
in Gearbox, from 11.54 million Chinese Renmimbi to 3.59 million Chinese Renmimbi.
There were also decreases in sales in
Bearing Products (down 19.6% to 404.14 million Chinese Renmimbi)
Knitting Machine (down 18.2% to 100.54 million Chinese Renmimbi)
Gear (down 47.4% to 21.65 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Auto Parts (up 8.8% to 5.03 million Chinese Renmimbi)
Powder Metallurgy (up 3.2% to 4.10 million Chinese Renmimbi)