Changhong Meiling Co Ltd operates within the Household refrigerators and freezers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Changhong Meiling Co Ltd with three other
manufacturers of household appliances in Asia:
AUCMA Co Ltd
sales of 6.43 billion Chinese Renmimbi [US$922.35 million]
of which 56%
was Freezer, refrigerator),
(290.14 billion Japanese Yen [US$2.74 billion]
of which 26%
was Commercial refrigerator), and
Guangdong Homa Appliances Co Ltd
(7.39 billion Chinese Renmimbi [US$1.06 billion]
of which 97%
was Homa refrigerator business department).
During the year ended December of 2019, sales at
Changhong Meiling Co Ltd were 16.55 billion Chinese Renmimbi (US$2.37 billion).
decrease of 5.4%
versus 2018, when the company's sales were 17.49 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 33.8% decline
in Marketing, from 899.74 million Chinese Renmimbi to 595.27 million Chinese Renmimbi.
There were also decreases in sales in
Refrigerator Freezer Washing Machine (down 3.0% to 8.48 billion Chinese Renmimbi)
Air-Conditioner (down 12.5% to 6.33 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Household Appliances (up 98.7% to 1.04 billion Chinese Renmimbi)
Other (up 13.8% to 112.67 million Chinese Renmimbi)