Ningbo Huaxiang Electronic Co., Ltd operates in the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ningbo Huaxiang Electronic Co., Ltd with three other
companies in this sector in China:
Changchun Faway Automobile Components Company Limited
sales of 13.61 billion Chinese Renmimbi [US$1.94 billion]
of which 96%
Wanxiang Qianchao Co., Ltd.
(11.36 billion Chinese Renmimbi [US$1.62 billion]
of which 75%
was Machinery Manufacturing/Motor Vehicle), and
Ling Yun Industrial Corp Ltd
(12.25 billion Chinese Renmimbi [US$1.74 billion]
of which 80%
was Automobile Parts Manufacturing).
Ningbo Huaxiang Electronic Co., Ltd reported sales of 14.92 billion Chinese Renmimbi (US$2.13 billion)
December of 2018.
a very small
increase of 0.8%
versus 2017, when the company's sales were 14.80 billion Chinese Renmimbi.
Sales at Ningbo Huaxiang Electronic Co., Ltd have increased during each of the previous five years
(and since 2013, sales have increased a total of 105%).
Sales of Metallic Parts saw an increase
that was more than double the company's growth rate: sales were up
8.2% in 2018, from
2.42 billion Chinese Renmimbi to 2.61 billion Chinese Renmimbi.
Ningbo Huaxiang Electronic Co., Ltd also saw significant increases in sales in
Other (up 1.5% to 652.77 million Chinese Renmimbi)
Not all segments of Ningbo Huaxiang Electronic Co., Ltd experienced an increase in sales in 2018:
sales of External Parts fell 6.4% to 2.48 billion Chinese Renmimbi.