Shanghai Shenhua Holdings Company Limited operates within the New and used car dealers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Shenhua Holdings Company Limited with three other
companies in this sector in China:
Beijing Bashi Media Co Ltd
(2018
sales of 4.79 billion Chinese Renmimbi [US$678.86 million]
of which 90%
was Car Wholesale&Services),
Wuxi Commercial Mansion Corp., Ltd.
(9.14 billion Chinese Renmimbi [US$1.29 billion]
of which 74%
was Automobile Sales), and
China Harmony New Energy Auto Holding Ltd
(10.64 billion Chinese Renmimbi [US$1.51 billion]
of which 100%
was Motor Vehicles).
Sales Analysis.
During the year ended December of 2018, sales at
Shanghai Shenhua Holdings Company Limited were 7.14 billion Chinese Renmimbi (US$1.01 billion).
This
is
an
increase of 23.1%
versus 2017, when the company's sales were 5.80 billion Chinese Renmimbi.
Despite this increase, sales are still
well
below the level achieved in 2016, when Shanghai Shenhua Holdings Company Limited
reported sales of 8.74 billion Chinese Renmimbi.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
208.4% in 2018, from
60.19 million Chinese Renmimbi to 185.65 million Chinese Renmimbi.
Not all segments of Shanghai Shenhua Holdings Company Limited experienced an increase in sales in 2018:
sales of Real Estate fell 20.8% to 34.06 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shanghai Shenhua Holdings Company Limited also experienced decreases in sales in
New Energy (down 0.7% to 170.57 million Chinese Renmimbi)
.