TBEA Company Limited operates in the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TBEA Company Limited with three other
power transmission equipment manufacturers in Asia:
sales of 245.03 billion Japanese Yen [US$2.32 billion]
of which 55%
was Social Systems),
China XD Electric Co Limited
(15.48 billion Chinese Renmimbi [US$2.27 billion]
of which 31%
was Transformer), and
LS Electric Co Ltd
based in KOREA (SOUTH)
(2.35 trillion Korean Won [US$1.99 billion]
of which 79%
was Electric Equipments & Systems Business).
TBEA Company Limited reported sales of 36.84 billion Chinese Renmimbi (US$5.40 billion)
December of 2019.
decrease of 6.7%
versus 2018, when the company's sales were 39.50 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, TBEA Company Limited had sales
of 36.00 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 27.7% decline
in New Energy Industry and Auxiliary Project, from 10.48 billion Chinese Renmimbi to 7.58 billion Chinese Renmimbi.
There were also decreases in sales in
Transformer Products (down 7.5% to 9.10 billion Chinese Renmimbi)
Cables and Cords (down 1.7% to 6.75 billion Chinese Renmimbi)
Power Transmission and Transformation Proj (down 10.4% to 3.87 billion Chinese Renmimbi)
Trade (down 11.8% to 1.60 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Coal Products (up 31.9% to 4.38 billion Chinese Renmimbi)
Power Fare (up 8.2% to 2.00 billion Chinese Renmimbi)
Other (up 37.1% to 890.58 million Chinese Renmimbi)
Other Operation (up 57.2% to 803.47 million Chinese Renmimbi)