Shanghai Electric Group Company Ltd operates within the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Electric Group Company Ltd with three other
electrical equipment manufacturers in Asia:
sales of 1.52 trillion Japanese Yen [US$14.47 billion]
of which 30%
was Nidec Motor),
Dongfang Electric Corp Ltd
(32.84 billion Chinese Renmimbi [US$4.86 billion]
of which 47%
was Clean and Efficient Energy Equipment), and
Yaskawa Electric Corporation
based in JAPAN
(474.64 billion Japanese Yen [US$4.52 billion]
of which 43%
was Motion Control).
During the year ended December of 2019, sales at
Shanghai Electric Group Company Ltd were 127.51 billion Chinese Renmimbi (US$18.88 billion).
increase of 26.0%
versus 2018, when the company's sales were 101.16 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shanghai Electric Group Company Ltd
(and since 2014, sales have increased a total of 66%).
Sales of New Energy and Environmental Protection saw an increase
that was more than double the company's growth rate: sales were up
227.0% in 2019, from
12.84 billion Chinese Renmimbi to 41.99 billion Chinese Renmimbi.
Shanghai Electric Group Company Ltd also saw significant increases in sales in
Modem Services (up 162.4% to 40.32 billion Chinese Renmimbi)
Not all segments of Shanghai Electric Group Company Ltd experienced an increase in sales in 2019:
sales of Others fell 98.6% to 83.53 million Chinese Renmimbi.
Shanghai Electric Group Company Ltd also experienced decreases in sales in
Unallocated/corporate (down 68.9% to 13.48 million Chinese Renmimbi)