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 :
State Grid Yingda Co Ltd
(2019
sales of 5.16 billion Chinese Renmimbi [US$762.33 million]
of which 100%
was Electrical Product Manufacturing),
Sieyuan Electric Co., Limited
(6.38 billion Chinese Renmimbi [US$942.15 million]
of which 43%
was Switch products), and
Baoding Tianwei Baobian Elec., Ltd.
(3.52 billion Chinese Renmimbi [US$519.47 million]
of which 98%
was Power Transmission and Transformation In).
Sales Analysis.
Qingdao Tgood Electrical Co Ltd reported sales of 6.74 billion Chinese Renmimbi (US$995.16 million)
for the
year ending
December of 2019.
This
represents
an
increase of 14.2%
versus 2018, when the company's sales were 5.90 billion Chinese Renmimbi.
Sales of Railway System saw an increase
that was more than double the company's growth rate: sales were up
48.4% in 2019, from
548.75 million Chinese Renmimbi to 814.47 million Chinese Renmimbi.
Not all segments of Qingdao Tgood Electrical Co Ltd experienced an increase in sales in 2019:
sales of Epc Photovoltaic Power Station fell 95.9% to 16.19 million Chinese Renmimbi.
Qingdao Tgood Electrical Co Ltd also experienced decreases in sales in
Coal Mining System (down 9.2% to 5.63 million Chinese Renmimbi)
.