XJ Electric Company Limited operates in the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares XJ Electric Company Limited with three other
companies in this sector in CHINA :
Sieyuan Electric Co., Limited
sales of 6.38 billion Chinese Renmimbi [US$951.40 million]
of which 43%
was Switch products),
Qingdao Tgood Electrical Co Ltd
(6.74 billion Chinese Renmimbi [US$1.00 billion]
of which 55%
was Electric Power System), and
State Grid Yingda Co Ltd
(5.16 billion Chinese Renmimbi [US$769.81 million]
of which 100%
was Electrical Product Manufacturing).
XJ Electric Company Limited reported sales of 10.16 billion Chinese Renmimbi (US$1.51 billion)
December of 2019.
increase of 23.6%
versus 2018, when the company's sales were 8.22 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when XJ Electric Company Limited
reported sales of 10.33 billion Chinese Renmimbi.
Sales of Smart Meter saw an increase
that was more than double the company's growth rate: sales were up
55.8% in 2019, from
1.10 billion Chinese Renmimbi to 1.71 billion Chinese Renmimbi.
XJ Electric Company Limited also saw significant increases in sales in
Intelligent Charging and Switching Syste (up 38.1% to 1.34 billion Chinese Renmimbi)
Dc Transmission System (up 31.3% to 1.20 billion Chinese Renmimbi)
Not all segments of XJ Electric Company Limited experienced an increase in sales in 2019:
sales of Ems Processing Services and Other fell 13.7% to 220.89 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).