Shandong Sacred Sun Power Sources Company Limited operates within the Storage batteries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Sacred Sun Power Sources Company Limited with three other
companies in this sector in CHINA :
Suplet Power Co Ltd
sales of 765.02 million Chinese Renmimbi [US$107.19 million]
Shenzhen Center Power Tech Co Ltd
(2.91 billion Chinese Renmimbi [US$408.28 million]
of which 45%
was UPS-Battary), and
Hunan Corun New Energy Company Limited
(2.08 billion Chinese Renmimbi [US$291.39 million]
of which 28%
During the year ended December of 2019, sales at
Shandong Sacred Sun Power Sources Company Limited were 1.80 billion Chinese Renmimbi (US$251.93 million).
a very small
increase of 1.2%
versus 2018, when the company's sales were 1.78 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shandong Sacred Sun Power Sources Company Limited
(and since 2014, sales have increased a total of 44%).
Sales of New Energy&emergency Storage Batteries saw an increase
that was more than double the company's growth rate: sales were up
21.7% in 2019, from
927.40 million Chinese Renmimbi to 1.13 billion Chinese Renmimbi.
Not all segments of Shandong Sacred Sun Power Sources Company Limited experienced an increase in sales in 2019:
sales of Others fell 40.6% to 84.96 million Chinese Renmimbi.
Shandong Sacred Sun Power Sources Company Limited also experienced decreases in sales in
Spare Batteries (down 17.6% to 449.05 million Chinese Renmimbi)
Power Batteries (down 11.8% to 194.25 million Chinese Renmimbi)