Liaoning Shidai Wanheng Company Limited operates within the Storage batteries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Liaoning Shidai Wanheng Company Limited with three other
companies in this sector in CHINA :
Beijing Xinleineng Technology Co Ltd
sales of 842.62 million Chinese Renmimbi [US$130.15 million]
of which 64%
was Aviation, Aerospace, Marine, and other s),
Baoli New Energy Technology Co Ltd
(140.50 million Chinese Renmimbi [US$21.70 million]
of which 96%
was New energy vehicles and services), and
Chongqing Wanli New Energy Co Ltd
(564.83 million Chinese Renmimbi [US$87.24 million]
of which 102%
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Liaoning Shidai Wanheng Company Limited totalled
149.46 million Chinese Renmimbi.
an increase of 79.1%
from the 83.45 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Liaoning Shidai Wanheng Company Limited in the previous 34 quarters.
During the year ended December of 2020, sales at
Liaoning Shidai Wanheng Company Limited were 515.89 million Chinese Renmimbi (US$79.68 million).
increase of 17.5%
versus 2019, when the company's sales were 439.16 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2018, when Liaoning Shidai Wanheng Company Limited
reported sales of 814.73 million Chinese Renmimbi.
Sales of Battery Manufacturing Sales saw an increase
that was more than double the company's growth rate: sales were up
43.3% in 2020, from
291.62 million Chinese Renmimbi to 417.88 million Chinese Renmimbi.
Not all segments of Liaoning Shidai Wanheng Company Limited experienced an increase in sales in 2020:
sales of Times Wanheng Parent Company fell 95.0% to 785,835.18 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Liaoning Shidai Wanheng Company Limited also experienced decreases in sales in
Forest Cutting and Process (down 35.1% to 93.46 million Chinese Renmimbi)
Office Rental (down 26.4% to 3.77 million Chinese Renmimbi)