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 :
Boer Power Holdings Limited
sales of 737.13 million Chinese Renmimbi [US$108.85 million]
of which 52%
was iEDS Solutions),
Changgao Electric Group Co Ltd
(1.16 billion Chinese Renmimbi [US$171.14 million]
of which 88%
was Transmission Equipment), and
Hangzhou Zhongheng Electric Co Ltd
(1.17 billion Chinese Renmimbi [US$173.31 million]
of which 35%
was Software industry).
During the year ended December of 2019, sales at
Huayi Electric Co Ltd were 1.09 billion Chinese Renmimbi (US$160.37 million).
decrease of 30.7%
versus 2018, when the company's sales were 1.57 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 46.4% decline
in Wind Power Generation, from 589.75 million Chinese Renmimbi to 316.00 million Chinese Renmimbi.
There were also decreases in sales in
High Voltage Electrical Appliances (down 26.0% to 600.33 million Chinese Renmimbi)
Environmental (down 13.4% to 31.77 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Windpower Development (up 40.3% to 70.37 million Chinese Renmimbi)
Import/export Business (up 75.7% to 38.58 million Chinese Renmimbi)