Changgao Electric Group Co Ltd operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Changgao Electric Group Co Ltd with three other
companies in this sector in CHINA :
Huayi Electric Co Ltd
sales of 1.09 billion Chinese Renmimbi [US$165.00 million]
of which 55%
was High-voltage Electrical Appliances),
Galaxy Biomedical Investment Co Ltd
(780.84 million Chinese Renmimbi [US$118.63 million]
of which 54%
was Transmission and control equipment manuf), and
Boer Power Holdings Limited
(737.13 million Chinese Renmimbi [US$111.99 million]
of which 52%
was iEDS Solutions).
During the year ended December of 2019, sales at
Changgao Electric Group Co Ltd were 1.16 billion Chinese Renmimbi (US$176.08 million).
increase of 10.3%
versus 2018, when the company's sales were 1.05 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when Changgao Electric Group Co Ltd
reported sales of 1.41 billion Chinese Renmimbi.
Sales of Transmission Equipment saw an increase
18.9% in 2019, from
859.46 million Chinese Renmimbi to 1.02 billion Chinese Renmimbi.
Not all segments of Changgao Electric Group Co Ltd experienced an increase in sales in 2019:
sales of Photovoltaic Power Generation fell 58.5% to 53.67 million Chinese Renmimbi.
Changgao Electric Group Co Ltd also experienced decreases in sales in
Electrical Engineering and Design (down 26.1% to 125.26 million Chinese Renmimbi)
New Energy Automobile (down 43.3% to 35.00 million Chinese Renmimbi)
Other Revenue (down 52.9% to 19.92 million Chinese Renmimbi)