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:
Xiamen XGMA Machinery Company Limited
sales of 3.24 billion Chinese Renmimbi [US$489.05 million]
of which 65%
was Industrial product sales),
Guangxi Liugong Machinery Co., Ltd.
(7.00 billion Chinese Renmimbi [US$1.06 billion]
of which 94%
was Construction Machinery), and
Shantui Construction Machinery Co., Ltd.
(4.40 billion Chinese Renmimbi [US$664.50 million]
of which 77%
was Industrial Product).
Lonking Holdings Limited reported sales of 5.15 billion Chinese Renmimbi (US$776.60 million)
December of 2016.
increase of 6.6%
versus 2015, when the company's sales were 4.83 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Lonking Holdings Limited
reported sales of 7.43 billion Chinese Renmimbi.
Sales of Sales of Construction Machinery saw an increase
6.8% in 2016, from
4.81 billion Chinese Renmimbi to 5.14 billion Chinese Renmimbi.
Not all segments of Lonking Holdings Limited experienced an increase in sales in 2016:
sales of Finance Lease of Construction Machinery fell 51.4% to 9.49 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).