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
companies in this sector in China:
Hisense Electric Company Limited
sales of 28.48 billion Chinese Renmimbi [US$4.63 billion]
Sichuan Changhong Electric Company Limited
(58.78 billion Chinese Renmimbi [US$9.55 billion]
of which 77%
was Consumerelectric), and
Konka Group Company Limited
(20.00 billion Chinese Renmimbi [US$3.25 billion]
of which 99%
was Electronics Industry).
TCL reported sales of 85.39 billion Chinese Renmimbi (US$13.88 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)