Solareast Holdings Co Ltd operates in the Heating equipment, except electric sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Solareast Holdings Co Ltd with three other
heating, ventilation, plumbing and air conditioning equipment manufacturers in Asia:
Honeywell Automation India Limited
sales of 26.90 billion Indian Rupees [US$378.48 million]
of which 100%
was Automation & Control),
Zhenjiang Dongfang Electric Heating Technology Co Ltd
(2.24 billion Chinese Renmimbi [US$316.20 million]
of which 58%
was Citizens Electronical Heater), and
Suzhou Hailu Heavy Industry Company Limited
(2.28 billion Chinese Renmimbi [US$321.55 million]
of which 47%
was Manufacturing Industry).
Solareast Holdings Co Ltd reported sales of 3.18 billion Chinese Renmimbi (US$448.55 million)
December of 2018.
increase of 14.1%
versus 2017, when the company's sales were 2.78 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Solareast Holdings Co Ltd had sales
of 3.09 billion Chinese Renmimbi.
Sales of Photovoltaic saw an increase
that was more than double the company's growth rate: sales were up
51.6% in 2018, from
81.57 million Chinese Renmimbi to 123.68 million Chinese Renmimbi.
Solareast Holdings Co Ltd also saw significant increases in sales in
Kitchen Appliance (up 32.9% to 769.43 million Chinese Renmimbi)
Electric Water Heater (up 31.8% to 325.41 million Chinese Renmimbi)
Not all segments of Solareast Holdings Co Ltd experienced an increase in sales in 2018:
sales of Purified Water Machine fell 41.6% to 84.12 million Chinese Renmimbi.
Solareast Holdings Co Ltd also experienced decreases in sales in
Air Energy (down 2.4% to 160.08 million Chinese Renmimbi)