Shandong Mining Machinery Group Co Ltd operates within the Mining machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Mining Machinery Group Co Ltd with three other
companies in this sector in China:
Shanghai Chuangli Group Co Ltd
sales of 1.61 billion Chinese Renmimbi [US$229.39 million]
of which 71%
was Coal Equipment Industry),
Linzhou Heavy Machinery Group Company Limited
(2.06 billion Chinese Renmimbi [US$294.24 million]
of which 53%
was Casting iron), and
Inner Mongolia North Hauler Joint Stock Co., Ltd.
(1.20 billion Chinese Renmimbi [US$170.60 million]
of which 100%
was Machine Manufacturing).
During the year ended December of 2018, sales at
Shandong Mining Machinery Group Co Ltd were 1.87 billion Chinese Renmimbi (US$267.42 million).
increase of 35.6%
versus 2017, when the company's sales were 1.38 billion Chinese Renmimbi.
Sales of Building Material Machinery Equipment saw an increase
that was more than double the company's growth rate: sales were up
126.4% in 2018, from
12.09 million Chinese Renmimbi to 27.38 million Chinese Renmimbi.
Not all segments of Shandong Mining Machinery Group Co Ltd experienced an increase in sales in 2018:
sales of Other fell 79.2% to 10.65 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shandong Mining Machinery Group Co Ltd also experienced decreases in sales in
Sale (down 32.3% to 263.98 million Chinese Renmimbi)