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Chongqing Machinery & Electric Company Limited Company Snapshot
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: Alpha Corporation of Japan (2018 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 which is based in India (44.71 billion Indian Rupees [US$629.90 million] of which 100% was Automotives Parts).

Sales Analysis. During the year ended December of 2018, sales at Chongqing Machinery & Electric Company Limited were 5.28 billion Chinese Renmimbi (US$744.45 million). This is a sharp 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) and 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) and Machinery Tools (up 2.0% to 883.36 million Chinese Renmimbi) and Hydroelectric Generation Equipment (up 24.1% to 554.06 million Chinese Renmimbi) and Financial Services (up 2.4% to 68.95 million Chinese Renmimbi) .
   
   
 
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Chongqing Machinery & Electric Company Limited
  Stock Performance Chart for Chongqing Machinery & Electric Company Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (10/11/2019): .49
(Figures in Chinese Renmimbi)
1 Week 3.1%   13 Weeks -1.8%  
4 Weeks -20.6%   52 Weeks 6.4%  
 
Chongqing Machinery & Electric Company Limited Key Data:
  Ticker: 2722 Country: China
  Exchanges: HKG Major Industry: Automobiles & Components
    Sub Industry: Engine Electrical Equipment
  2018 Sales 5,284,317,533
(Year Ending Jan 2019).
Employees: 9,124
  Currency: Chinese Renmimbi Market Cap: 1,800,720,490
  Fiscal Yr Ends: December Shares Outstanding: 3,684,640,154
  Share Type: ORDINARY Closely Held Shares: 2,620,980,684
 
 
 
 
 
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