TCL Corporation operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TCL with three other
audio-visual equipment producers in Asia:
Skyworth Digital Holdings Ltd
of Hong Kong
sales of 37.82 billion Hong Kong Dollars [US$4.88 billion]
of which 80%
was TV Products),
of South Korea
(9.14 trillion Korean Won [US$8.79 billion]
based in Japan
(451.84 billion Japanese Yen [US$4.40 billion]
of which 69%
was Car Electronics Business).
TCL reported sales of 85.39 billion Chinese Renmimbi (US$13.71 billion)
December of 2013.
increase of 22.8%
versus 2012, when the company's sales were 69.56 billion Chinese Renmimbi.
Sales at TCL have increased during each of the previous five years
(and since 2008, sales have increased a total of 122%).
Sales of Huaxing saw an increase
that was more than double the company's growth rate: sales were up
114.6% in 2013, from
7.24 billion Chinese Renmimbi to 15.53 billion Chinese Renmimbi.
TCL also saw significant increases in sales in
Communications (up 56.5% to 15.30 billion Chinese Renmimbi)
Taikeli (up 39.6% to 3.67 billion Chinese Renmimbi)
Real Estate and Investing (up 101.9% to 554.77 million Chinese Renmimbi)
Other Operaions (up 87.5% to 1.61 billion Chinese Renmimbi)
Not all segments of TCL experienced an increase in sales in 2013:
sales of Logistic and Services-Hanlinhui fell 4.1% to 12.42 billion Chinese Renmimbi.
TCL also experienced decreases in sales in
Multimedia Products (down 2.6% to 31.46 billion Chinese Renmimbi)