Qingling Motors Company Limited operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingling Motors Company Limited with three other
companies in this sector in China:
Zhongtong Bus&Holding Co., Ltd.
sales of 6.05 billion Chinese Renmimbi [US$876.56 million]
Shenyang Jinbei Automotive Company Limited
(6.15 billion Chinese Renmimbi [US$890.43 million]
of which 96%
was Automobile/Industry), and
Haima Investment Group Company Limited
(5.22 billion Chinese Renmimbi [US$755.95 million]
of which 64%
Qingling Motors Company Limited reported sales of 5.25 billion Chinese Renmimbi (US$761.14 million)
December of 2018.
increase of 3.5%
versus 2017, when the company's sales were 5.07 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Qingling Motors Company Limited had sales
of 5.78 billion Chinese Renmimbi.
Sales of Medium and Heavy-Duty Trucks saw an increase
that was more than double the company's growth rate: sales were up
38.5% in 2018, from
945.26 million Chinese Renmimbi to 1.31 billion Chinese Renmimbi.
Qingling Motors Company Limited also saw significant increases in sales in
Pick-Up Trucks (up 15.9% to 1.22 billion Chinese Renmimbi)
Automobile Parts and Accessories (up 12.5% to 321.83 million Chinese Renmimbi)
Not all segments of Qingling Motors Company Limited experienced an increase in sales in 2018:
sales of Multi-Purpose Vehicles fell 60.8% to 374,000.00 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Qingling Motors Company Limited also experienced decreases in sales in
Light-Duty Trucks (down 13.9% to 2.40 billion Chinese Renmimbi)