Wanxiang Qianchao Co., Ltd. operates within the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wanxiang Qianchao Co., Ltd. with three other
companies in this sector in China:
Changchun Faway Automobile Components Company Limited
sales of 12.73 billion Chinese Renmimbi [US$1.84 billion]
of which 98%
Ling Yun Industrial Corp Ltd
(11.84 billion Chinese Renmimbi [US$1.71 billion]
of which 78%
was Automobile Parts Manufacturing), and
Zhejiang Wanfeng Auto Wheel Co., Ltd.
(10.18 billion Chinese Renmimbi [US$1.47 billion]
of which 49%
was Automobile Steer).
During the year ended December of 2017, sales at
Wanxiang Qianchao Co., Ltd. were 11.15 billion Chinese Renmimbi (US$1.61 billion).
increase of 3.4%
versus 2016, when the company's sales were 10.78 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Wanxiang Qianchao Co., Ltd.
(and since 2012, sales have increased a total of 34%).
Sales of Material Trade saw an increase
that was more than double the company's growth rate: sales were up
37.8% in 2017, from
1.14 billion Chinese Renmimbi to 1.57 billion Chinese Renmimbi.
Wanxiang Qianchao Co., Ltd. also saw significant increases in sales in
Other Operations (up 21.5% to 756.79 million Chinese Renmimbi)
Not all segments of Wanxiang Qianchao Co., Ltd. experienced an increase in sales in 2017:
sales of Machinery Manufacturing/motor Vehicle fell 2.2% to 8.83 billion Chinese Renmimbi.