Wafangdian Bearing Company Limited operates in the Ball and roller bearings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wafangdian Bearing Company Limited with three other
bearing manufacturers in Asia:
Tsubaki Nakashima Co Ltd.
sales of 36.89 billion Japanese Yen [US$347.47 million]
of which 86%
was Ball Business),
Nippon Thompson Company Limited
(43.66 billion Japanese Yen [US$411.31 million]
of which 87%
was Bearings), and
SKF India Limited
based in India
(23.64 billion Indian Rupees [US$364.12 million]
of which 125%
was Bearing & related com).
Wafangdian Bearing Company Limited reported sales of 2.49 billion Chinese Renmimbi (US$393.89 million)
December of 2016.
increase of 8.5%
versus 2015, when the company's sales were 2.30 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Wafangdian Bearing Company Limited
reported sales of 3.01 billion Chinese Renmimbi.
Sales of Industrial Work saw an increase
that was more than double the company's growth rate: sales were up
319.8% in 2016, from
30.84 million Chinese Renmimbi to 129.46 million Chinese Renmimbi.
Wafangdian Bearing Company Limited also saw significant increases in sales in
Other (up 55.4% to 352.64 million Chinese Renmimbi)
Not all segments of Wafangdian Bearing Company Limited experienced an increase in sales in 2016:
sales of Special Bearings fell 17.2% to 493.21 million Chinese Renmimbi.
Wafangdian Bearing Company Limited also experienced decreases in sales in
Generic Bearings (down 0.7% to 533.39 million Chinese Renmimbi)