Taiyuan Heavy Industry operates within the Hoists, cranes, and monorails sector. In addition to historical fundamental analyses, the complete report available to purchase compares Taiyuan Heavy Industry 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), Zhejiang Dingli Machinery Co Ltd (2.39 billion Chinese Renmimbi [US$368.44 million] of which 94% was Industry), and Zhuzhou Tianqiao Crane Company Limited (1.33 billion Chinese Renmimbi [US$205.68 million] of which 87% was Material handling equipment and accessor).

Sales Analysis. During the year ended December of 2019, sales at Taiyuan Heavy Industry were 7.04 billion Chinese Renmimbi (US$1.09 billion). This is an increase of 9.5% versus 2018, when the company's sales were 6.43 billion Chinese Renmimbi. Despite this increase, sales are still slightly below the level achieved in 2017, when Taiyuan Heavy Industry reported sales of 7.18 billion Chinese Renmimbi.