Chongqing Machinery & Electric Company Limited operates within the Engine electrical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chongqing Machinery & Electric Company Limited with three other
electrical equipment manufacturers in Asia:
sales of 59.06 billion Japanese Yen [US$544.53 million]
of which 32%
was Auto Parts-Asia),
Korea Electric Terminal Company Ltd
of South Korea
(746.38 billion Korean Won [US$631.44 million]
of which 99%
was Cars & Electricity), and
Minda Industries Limited
based in India
(44.71 billion Indian Rupees [US$629.90 million]
of which 100%
was Automotives Parts).
During the year ended December of 2018, sales at
Chongqing Machinery & Electric Company Limited were 5.28 billion Chinese Renmimbi (US$744.45 million).
decrease of 43.1%
versus 2017, when the company's sales were 9.29 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 96.8% decline
in Material Sales, from 3.32 billion Chinese Renmimbi to 105.49 million Chinese Renmimbi.
There were also decreases in sales in
Electrical Wires and Cables (down 5.5% to 1.37 billion Chinese Renmimbi)
General Machinery (down 48.8% to 910.04 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
All Other Segments (up 22.7% to 1.39 billion Chinese Renmimbi)
Machinery Tools (up 2.0% to 883.36 million Chinese Renmimbi)
Hydroelectric Generation Equipment (up 24.1% to 554.06 million Chinese Renmimbi)
Financial Services (up 2.4% to 68.95 million Chinese Renmimbi)