China XD Electric Co Limited operates within the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China XD Electric Co Limited with three other
companies in this sector in CHINA :
Qingdao Tgood Electrical Co Ltd
sales of 6.74 billion Chinese Renmimbi [US$945.43 million]
of which 55%
was Electric Power System),
XJ Electric Company Limited
(10.16 billion Chinese Renmimbi [US$1.42 billion]
of which 37%
was Intelligent power distribution system), and
Sieyuan Electric Co., Limited
(6.38 billion Chinese Renmimbi [US$895.06 million]
of which 43%
was Switch products).
During the year ended December of 2019, sales at
China XD Electric Co Limited were 15.48 billion Chinese Renmimbi (US$2.17 billion).
increase of 11.2%
versus 2018, when the company's sales were 13.91 billion Chinese Renmimbi.
Sales of Rectifier saw an increase
that was more than double the company's growth rate: sales were up
42.8% in 2019, from
627.44 million Chinese Renmimbi to 896.10 million Chinese Renmimbi.
China XD Electric Co Limited also saw significant increases in sales in
Transformer (up 30.6% to 4.74 billion Chinese Renmimbi)
Secondary Equipment (up 32.9% to 129.40 million Chinese Renmimbi)
Not all segments of China XD Electric Co Limited experienced an increase in sales in 2019:
sales of Research and Development fell 11.8% to 269.47 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
China XD Electric Co Limited also experienced decreases in sales in
Power Switch (down 6.9% to 4.25 billion Chinese Renmimbi)
Financial Business (down 11.5% to 192.63 million Chinese Renmimbi)