Shenzhen Increase Technology Co Ltd operates within the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenzhen Increase Technology Co Ltd with three other
power transmission equipment manufacturers in Asia:
Cheryong Electric Company Limited
of KOREA (SOUTH)
sales of 45.21 billion Korean Won [US$37.89 million]
of which 100%
was Heavy Electronic Machinery),
R T S Power Corporation Limited
(2.52 billion Indian Rupees [US$33.48 million]
QTC Energy PCL
based in THAILAND
(965.17 million Thai Bahts [US$30.92 million]
During the year ended December of 2019, sales at
Shenzhen Increase Technology Co Ltd were 289.42 million Chinese Renmimbi (US$41.46 million).
decrease of 5.8%
versus 2018, when the company's sales were 307.19 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 13.6% decline
in New Energy Auto Industry, from 194.68 million Chinese Renmimbi to 168.14 million Chinese Renmimbi.
However, these declines were partially offset by the increase in sales of
Rail Traffic (up 4.5% to 47.71 million Chinese Renmimbi)
Power Industry (up 7.1% to 39.73 million Chinese Renmimbi)
Other Power Supply (up 13.8% to 33.84 million Chinese Renmimbi)