China Machinery Engineering Corp operates within the Engineering services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Machinery Engineering Corp with three other
engineering and architectural services in Asia:
Jaiprakash Associates Ltd
sales of 173.21 billion Indian Rupees [US$2.71 billion]
of which 37%
was Cement & Cement Products),
Reliance Infrastructure Limited
(164.57 billion Indian Rupees [US$2.58 billion]
of which 73%
was Power Business), and
China Aluminum International Engineering Corp Ltd
(24.77 billion Chinese Renmimbi [US$3.85 billion]
of which 60%
was Engineering & Construction contracting).
During the year ended December of 2016, sales at
China Machinery Engineering Corp were 21.02 billion Chinese Renmimbi (US$3.27 billion).
a very small
increase of 1.3%
versus 2015, when the company's sales were 20.76 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when China Machinery Engineering Corp
reported sales of 23.01 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, China Machinery Engineering Corp had sales
of 20.52 billion Chinese Renmimbi.
Sales of Trading Business saw an increase
that was more than double the company's growth rate: sales were up
29.8% in 2016, from
5.63 billion Chinese Renmimbi to 7.31 billion Chinese Renmimbi.
Not all segments of China Machinery Engineering Corp experienced an increase in sales in 2016:
sales of Construction Contracts fell 9.9% to 12.39 billion Chinese Renmimbi.