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 241.83 billion Japanese Yen [US$2.16 billion]
of which 60%
was Social Systems),
China XD Electric Co Limited
(13.91 billion Chinese Renmimbi [US$2.08 billion]
of which 33%
was Power Switch), and
LS Industrial Systems Company Limited
based in South Korea
(2.48 trillion Korean Won [US$2.19 billion]
of which 77%
was Electric Equipments & Systems Business).
TBEA Company Limited reported sales of 39.50 billion Chinese Renmimbi (US$5.91 billion)
December of 2018.
increase of 3.5%
versus 2017, when the company's sales were 38.17 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2016, when TBEA Company Limited
reported sales of 40.03 billion Chinese Renmimbi.
Sales of Power Fare saw an increase
that was more than double the company's growth rate: sales were up
157.6% in 2018, from
718.38 million Chinese Renmimbi to 1.85 billion Chinese Renmimbi.
TBEA Company Limited also saw significant increases in sales in
Cables and Cords (up 6.5% to 6.87 billion Chinese Renmimbi)
Coal Products (up 50.9% to 3.32 billion Chinese Renmimbi)
Other (up 13.7% to 649.67 million Chinese Renmimbi)
Not all segments of TBEA Company Limited experienced an increase in sales in 2018:
sales of Other Operation fell 35.6% to 511.23 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
TBEA Company Limited also experienced decreases in sales in
Transformer Products (down 3.7% to 9.83 billion Chinese Renmimbi)
Power Transmission and Transformation Proj (down 14.1% to 4.32 billion Chinese Renmimbi)
Trade (down 2.6% to 1.82 billion Chinese Renmimbi)