Shanghai Zhenhua Heavy Industry Company Limited operates within the Hoists, cranes, and monorails sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Zhenhua Heavy Industry Company Limited with three other
material handling equipment manufacturers in Asia:
Kito Corp.
of JAPAN
(2019
sales of 61.24 billion Japanese Yen [US$589.72 million]
of which 47%
was Operating segment-Northern America),
Taiyuan Heavy Industry
(7.04 billion Chinese Renmimbi [US$1.09 billion]
of which 25%
was Train axles and wheelsets), and
Wuxi Huadong Heavy Machinery Co Ltd
(13.69 billion Chinese Renmimbi [US$2.11 billion]
of which 88%
was Trade Sector).
Sales Analysis.
During the year ended December of 2019, sales at
Shanghai Zhenhua Heavy Industry Company Limited were 24.60 billion Chinese Renmimbi (US$3.79 billion).
This
is
an
increase of 12.8%
versus 2018, when the company's sales were 21.81 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Shanghai Zhenhua Heavy Industry Company Limited had sales
of 24.97 billion Chinese Renmimbi.
Sales of Building-Transfer Project saw an increase
that was more than double the company's growth rate: sales were up
110.0% in 2019, from
1.22 billion Chinese Renmimbi to 2.56 billion Chinese Renmimbi.
Shanghai Zhenhua Heavy Industry Company Limited also saw significant increases in sales in
Steel Structure and Related Income (up 73.8% to 2.71 billion Chinese Renmimbi)
.
Not all segments of Shanghai Zhenhua Heavy Industry Company Limited experienced an increase in sales in 2019:
sales of Heavy Equipment fell 45.7% to 1.49 billion Chinese Renmimbi.
Shanghai Zhenhua Heavy Industry Company Limited also experienced decreases in sales in
Ship Transportation and Other (down 7.7% to 989.12 million Chinese Renmimbi)
.