Luoyang Bearing Science & Technology Co.,Ltd. operates within the Ball and roller bearings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Luoyang Bearing Science & Technology Co.,Ltd. with three other
companies in this sector in China:
Jiangsu Nanfang Bearing Co Ltd
sales of 320.00 million Chinese Renmimbi [US$46.48 million]
of which 57%
Baota Industry Co Ltd
(355.68 million Chinese Renmimbi [US$51.66 million]
of which 55%
was Manufacture), and
Jiangsu Lixing General Steel Ball Co Ltd
(486.15 million Chinese Renmimbi [US$70.61 million]
of which 100%
was Bearing Manufacture).
During the year ended December of 2016, sales at
Luoyang Bearing Science & Technology Co.,Ltd. were 426.68 million Chinese Renmimbi (US$61.97 million).
a very small
increase of 0.7%
versus 2015, when the company's sales were 423.70 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Luoyang Bearing Science & Technology Co.,Ltd.
reported sales of 512.01 million Chinese Renmimbi.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
121.0% in 2016, from
3.56 million Chinese Renmimbi to 7.86 million Chinese Renmimbi.
Not all segments of Luoyang Bearing Science & Technology Co.,Ltd. experienced an increase in sales in 2016:
sales of Bearing Products fell 0.4% to 419.09 million Chinese Renmimbi.