Lonking Holdings Limited operates in the Construction machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lonking Holdings Limited with three other
companies in this sector in China:
Guangxi Liugong Machinery Co., Ltd.
sales of 10.28 billion Chinese Renmimbi [US$1.56 billion]
Xiamen XGMA Machinery Company Limited
(4.56 billion Chinese Renmimbi [US$693.36 million]
of which 65%
was Industrial product sales), and
Shantui Construction Machinery Co., Ltd.
(7.27 billion Chinese Renmimbi [US$1.11 billion]
of which 73%
was Industrial Product).
Lonking Holdings Limited reported sales of 7.43 billion Chinese Renmimbi (US$1.13 billion)
December of 2014.
decrease of 9.0%
versus 2013, when the company's sales were 8.16 billion Chinese Renmimbi.
The sales level in 2014 was fairly close to the level five years ago: in 2009, Lonking Holdings Limited had sales
of 6.90 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 41.8% decline
in Finance Lease of Construction Machinery, from 48.20 million Chinese Renmimbi to 28.07 million Chinese Renmimbi.
There were also decreases in sales in
Sales of Construction Machinery (down 8.8% to 7.40 billion Chinese Renmimbi)