Huayi Electric Co Ltd operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Huayi Electric Co Ltd with three other
companies in this sector in China:
Lanzhou Greatwall Electircal Co Ltd
sales of 1.78 billion Chinese Renmimbi [US$265.82 million]
of which 36%
was Medium & High Voltage Switching Equipmen),
Boer Power Holdings Limited
(628.24 million Chinese Renmimbi [US$93.60 million]
Suzhou Industrial Park Heshun Electric Company Limited
(793.70 million Chinese Renmimbi [US$118.25 million]
During the year ended December of 2018, sales at
Huayi Electric Co Ltd were 1.57 billion Chinese Renmimbi (US$233.42 million).
decrease of 28.1%
versus 2017, when the company's sales were 2.18 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Huayi Electric Co Ltd had sales
of 1.53 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 55.3% decline
in Wind Power Generation, from 1.32 billion Chinese Renmimbi to 589.75 million Chinese Renmimbi.
There were also decreases in sales in
Windpower Development (down 29.9% to 50.16 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
High Voltage Electrical Appliances (up 14.5% to 811.09 million Chinese Renmimbi)
Environmental (up 109.3% to 36.68 million Chinese Renmimbi)
Import/export Business (up 73.9% to 21.96 million Chinese Renmimbi)