Sungrow Power Supply Co Ltd operates in the Electrical equipment & supplies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sungrow Power Supply Co Ltd with three other
companies in this sector in China:
East Group Co Ltd
sales of 7.32 billion Chinese Renmimbi [US$1.08 billion]
of which 68%
was New Energy),
Changyuan Group Limited
(7.43 billion Chinese Renmimbi [US$1.10 billion]
of which 39%
was Utility Grid Equipment), and
Guangdong Hec Technology Holding Co Ltd
(7.41 billion Chinese Renmimbi [US$1.09 billion]
of which 41%
was Alloy Material).
Sungrow Power Supply Co Ltd reported sales of 8.89 billion Chinese Renmimbi (US$1.31 billion)
December of 2017.
increase of 48.1%
versus 2016, when the company's sales were 6.00 billion Chinese Renmimbi.
Sales at Sungrow Power Supply Co Ltd have increased during each of the previous five years
(and since 2012, sales have increased a total of 722%).
Sales of New Energy Automotive Industry saw an increase
that was more than double the company's growth rate: sales were up
112.0% in 2017, from
26.94 million Chinese Renmimbi to 57.12 million Chinese Renmimbi.
Not all segments of Sungrow Power Supply Co Ltd experienced an increase in sales in 2017:
sales of Wind Power Industry fell 24.8% to 64.94 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Sungrow Power Supply Co Ltd also experienced decreases in sales in
Energy Storage Industry (down 18.2% to 64.30 million Chinese Renmimbi)