Xinjiang Machinery Research Institute Co Ltd operates in the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xinjiang Machinery Research Institute Co Ltd with three other
companies in this sector in China:
Thinker Agricultural Machinery Co Ltd
sales of 521.14 million Chinese Renmimbi [US$77.01 million]
of which 100%
was Agricultural Machinery),
Hefei Taihe Optoelectronic Technology Co Ltd
(370.66 million Chinese Renmimbi [US$54.78 million]
of which 99%
was Special machinery manufacturing), and
Xinjiang Tianye Water Saving Irrigation Sytem Co Ltd
(666.68 million Chinese Renmimbi [US$98.52 million]
Xinjiang Machinery Research Institute Co Ltd reported sales of 1.79 billion Chinese Renmimbi (US$264.73 million)
December of 2016.
increase of 27.9%
versus 2015, when the company's sales were 1.40 billion Chinese Renmimbi.
Sales of Professional Equipment Manufacturing (Sp saw an increase
that was more than double the company's growth rate: sales were up
81.2% in 2016, from
597.67 million Chinese Renmimbi to 1.08 billion Chinese Renmimbi.
Not all segments of Xinjiang Machinery Research Institute Co Ltd experienced an increase in sales in 2016:
sales of Professional Equipment Manufacturing (Ag fell 11.8% to 708.44 million Chinese Renmimbi.