Shanghai Zhixin Electric Co Ltd operates within the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Zhixin Electric Co Ltd with three other
companies in this sector in China:
Qingdao Tgood Electrical Co Ltd
sales of 6.11 billion Chinese Renmimbi [US$921.58 million]
of which 44%
was Electric Power System),
XJ Electric Company Limited
(9.61 billion Chinese Renmimbi [US$1.45 billion]
of which 100%
was Electrical Machinery and Equipment Manuf), and
Sieyuan Electric Co., Limited
(4.40 billion Chinese Renmimbi [US$664.52 million]
of which 100%
was Power Transmission and Distribution equi).
During the year ended December of 2016, sales at
Shanghai Zhixin Electric Co Ltd were 6.99 billion Chinese Renmimbi (US$1.05 billion).
increase of 9.6%
versus 2015, when the company's sales were 6.37 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shanghai Zhixin Electric Co Ltd
(and since 2011, sales have increased a total of 446%).
Sales of Energy Saving Projects saw an increase
that was more than double the company's growth rate: sales were up
146.6% in 2016, from
557.77 million Chinese Renmimbi to 1.38 billion Chinese Renmimbi.
Not all segments of Shanghai Zhixin Electric Co Ltd experienced an increase in sales in 2016:
sales of Other Operation fell 24.1% to 88.14 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shanghai Zhixin Electric Co Ltd also experienced decreases in sales in
Electrical Products Manufacturing (down 4.1% to 4.27 billion Chinese Renmimbi)