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 11.99 billion Chinese Renmimbi [US$1.77 billion]
of which 98%
Zhejiang Wanfeng Auto Wheel Co., Ltd.
(9.49 billion Chinese Renmimbi [US$1.40 billion]
of which 45%
was Automobile Steer), and
Ningbo Huaxiang Electronic Co., Ltd
(12.50 billion Chinese Renmimbi [US$1.85 billion]
of which 100%
was Automobiles Auto Parts & Assembly).
During the year ended December of 2016, sales at
Wanxiang Qianchao Co., Ltd. were 10.78 billion Chinese Renmimbi (US$1.59 billion).
increase of 5.3%
versus 2015, when the company's sales were 10.24 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Wanxiang Qianchao Co., Ltd.
(and since 2011, sales have increased a total of 32%).
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
35.6% in 2016, from
459.18 million Chinese Renmimbi to 622.71 million Chinese Renmimbi.
Not all segments of Wanxiang Qianchao Co., Ltd. experienced an increase in sales in 2016:
sales of Material Trade fell 7.5% to 1.14 billion Chinese Renmimbi.