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:
Ningbo Huaxiang Electronic Co., Ltd
sales of 9.81 billion Chinese Renmimbi [US$1.43 billion]
of which 95%
was Automobiles Auto Parts & Assembly),
Changchun Faway Automobile Components Company Limited
(9.86 billion Chinese Renmimbi [US$1.44 billion]
of which 98%
was Manufacturing), and
Zhejiang Wanfeng Auto Wheel Co., Ltd.
(8.48 billion Chinese Renmimbi [US$1.24 billion]
of which 46%
was Automobile Steer).
During the year ended December of 2015, sales at
Wanxiang Qianchao Co., Ltd. were 10.24 billion Chinese Renmimbi (US$1.49 billion).
increase of 4.2%
versus 2014, when the company's sales were 9.83 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Wanxiang Qianchao Co., Ltd.
(and since 2010, sales have increased a total of 31%).
Sales of Material Trade saw an increase
that was more than double the company's growth rate: sales were up
63.2% in 2015, from
752.88 million Chinese Renmimbi to 1.23 billion Chinese Renmimbi.
Not all segments of Wanxiang Qianchao Co., Ltd. experienced an increase in sales in 2015:
sales of Other Operations fell 21.4% to 459.18 million Chinese Renmimbi.