Xinchen China Power Holdings Ltd operates in the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xinchen China Power Holdings Ltd with three other
companies in this sector in China:
Zhejiang Jinfei Kaida Wheel Co Ltd
sales of 2.88 billion Chinese Renmimbi [US$410.66 million]
of which 86%
was Aluminium Alloy Wheel Industry),
Xiamen Sunrise Wheel Group Co Ltd
(2.90 billion Chinese Renmimbi [US$414.11 million]
of which 56%
was Steel Structural Construction), and
Sorl Auto Parts, Incorporation
(3.10 billion Chinese Renmimbi [US$442.20 million]
of which 83%
was Commercial vehicles brake systems).
Xinchen China Power Holdings Ltd reported sales of 3.05 billion Chinese Renmimbi (US$435.28 million)
December of 2018.
increase of 3.2%
versus 2017, when the company's sales were 2.96 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2016, when Xinchen China Power Holdings Ltd
reported sales of 3.46 billion Chinese Renmimbi.
Sales of Engine Components and Service Income saw an increase
that was more than double the company's growth rate: sales were up
21.3% in 2018, from
527.67 million Chinese Renmimbi to 639.82 million Chinese Renmimbi.
Not all segments of Xinchen China Power Holdings Ltd experienced an increase in sales in 2018:
sales of Gasoline Engines fell 2.0% to 1.85 billion Chinese Renmimbi.