Qingdao Tgood Electrical Co Ltd operates in the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingdao Tgood Electrical Co Ltd with three other
companies in this sector in China:
Baoding Tianwei Baobian Elec., Ltd.
(2017
sales of 4.37 billion Chinese Renmimbi [US$685.95 million]
of which 79%
was Power Transmission and Transformation In),
Shanghai Zhixin Electric Co Ltd
(5.73 billion Chinese Renmimbi [US$899.81 million]
), and
Sieyuan Electric Co., Limited
(4.49 billion Chinese Renmimbi [US$705.86 million]
of which 100%
was Power Transmission and Distribution equi).
Sales Analysis.
Qingdao Tgood Electrical Co Ltd reported sales of 5.10 billion Chinese Renmimbi (US$801.68 million)
for the
year ending
December of 2017.
This
represents
a
decrease of 16.4%
versus 2016, when the company's sales were 6.11 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 39.5% decline
in New Energy Vehicles, from 1.67 billion Chinese Renmimbi to 1.01 billion Chinese Renmimbi.
There were also decreases in sales in
Epc Photovoltaic Power Station (down 32.9% to 855.38 million Chinese Renmimbi)
and
Coal Mining System (down 14.8% to 30.39 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Electric Power System (up 1.5% to 2.70 billion Chinese Renmimbi)
and
Railway System (up 9.3% to 503.21 million Chinese Renmimbi)
.