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Mobi Development Co Ltd Company Snapshot
Mobi Development Co Ltd operates in the Radio & TV communications equipment sector. In addition to historical fundamental analyses, the complete report available to purchase compares Mobi Development Co Ltd with three other companies in this sector in CHINA : Guangdong Shenglu Telecommunication Tech Company Limited (2020 sales of 1.15 billion Chinese Renmimbi [US$179.41 million] of which 39% was Communication Equipment Manufacturing In), Sumavision Technologies Company Limited (986.67 million Chinese Renmimbi [US$154.55 million] of which 92% was China), and Chengdu CORPRO Technology Co Ltd (577.18 million Chinese Renmimbi [US$90.41 million] of which 43% was Beidou operating).

Sales Analysis. Sales levels dropped significantly in the second quarter of 2021 versus the previous year's second quarter. During the second quarter of 2021, sales at Mobi Development Co Ltd totalled 263.23 million Chinese Renmimbi. This is a drop of 42.4% from the 456.85 million Chinese Renmimbi in sales at the company during the second quarter in 2020. Mobi Development Co Ltd reported sales of 884.54 million Chinese Renmimbi (US$138.55 million) for the year ending December of 2020. This represents a sharp decrease of 27.2% versus 2019, when the company's sales were 1.21 billion Chinese Renmimbi. Contributing to the drop in overall sales was the 38.5% decline in Antenna System, from 737.80 million Chinese Renmimbi to 453.73 million Chinese Renmimbi. There were also decreases in sales in Base Station Rf Subsystem (down 20.4% to 254.90 million Chinese Renmimbi) . However, these declines were partially offset by the increase in sales of Coverage Extension Solution (up 12.1% to 175.91 million Chinese Renmimbi) .
   
   
 
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Mobi Development Co Ltd
  Stock Performance Chart for Mobi Development Co Ltd
 
  Stock Data: Recent Stock Performance:
  Current Price (10/22/2021): .32
(Figures in Chinese Renmimbi)
1 Week 1.9%   13 Weeks 2.9%  
4 Weeks -23.4%   52 Weeks -41.8%  
 
Mobi Development Co Ltd Key Data:
  Ticker: 947 Country: China
  Exchanges: HKG Major Industry: Communications Equipment
    Sub Industry: Radio & TV Communications Equipment
  2020 Sales 884,541,000
(Year Ending Jan 2021).
Employees: 2,346
  Currency: Chinese Renmimbi Market Cap: 258,695,391
  Fiscal Yr Ends: December Shares Outstanding: 818,242,000
  Share Type: Gu Closely Held Shares: 319,528,800
 
 
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