Jikai Equipment Manufacturing Co Ltd operates in the Mining machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jikai Equipment Manufacturing Co Ltd with three other
construction and mining equipment manufacturers in Asia:
Vinacomin Machinery Jsc
of VIETNAM
(2019
sales of 1.50 trillion Vietnamese Dong [US$64.68 million]
),
Anshan Heavy Duty Mining Machinery Co Ltd
(222.15 million Chinese Renmimbi [US$32.54 million]
of which 37%
was Coal), and
Eimco Elecon (India) Ltd
which is
based in INDIA
(1.85 billion Indian Rupees [US$25.07 million]
).
Sales Analysis.
Jikai Equipment Manufacturing Co Ltd reported sales of 391.27 million Chinese Renmimbi (US$57.31 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 6.1%
versus 2018, when the company's sales were 416.63 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 77.5% decline
in Other Operating Income, from 62.09 million Chinese Renmimbi to 13.99 million Chinese Renmimbi.
.
However, these declines were partially offset by the increase in sales of
Machine Manufacturing (up 6.4% to 377.28 million Chinese Renmimbi)
.