Zotye Automobile Co Ltd operates within the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zotye Automobile Co Ltd with three other
companies in this sector in CHINA :
Yangzhou Yaxing Motor Coach Co Ltd
(2019
sales of 2.71 billion Chinese Renmimbi [US$418.75 million]
of which 99%
was Machinery Manufacturing),
Noblelift Intelligent Equipment Co Ltd
(3.09 billion Chinese Renmimbi [US$477.38 million]
of which 59%
was Warehousing and Logistics Equipment Manu), and
Aerosun Corporation
(3.00 billion Chinese Renmimbi [US$463.91 million]
of which 59%
was Management and trade).
Sales Analysis.
Sales fell dramatically in 2019:
During the year ended December of 2019, sales at
Zotye Automobile Co Ltd were 2.94 billion Chinese Renmimbi (US$454.58 million).
This
is
a
sharp
decrease of 79.7%
versus 2018, when the company's sales were 14.47 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 81.8% decline
in Transportation Equipment Manufacturing, from 14.52 billion Chinese Renmimbi to 2.64 billion Chinese Renmimbi.
.
However, these declines were partially offset by the increase in sales of
Furniture Manufacturing (up 40.5% to 343.66 million Chinese Renmimbi)
.