Shanghai Jialeng Songzhi Automobile Aircondition Company., Limited operates within the Refrigeration and heating equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Jialeng Songzhi Automobile Aircondition Company., Limited with three other
companies in this sector in CHINA :
Xiezhong International Holdings Ltd
(2019
sales of 1.97 billion Chinese Renmimbi [US$305.63 million]
of which 56%
was 4S Dealership),
Zhejiang Kangsheng Co Ltd
(2.01 billion Chinese Renmimbi [US$310.92 million]
of which 90%
was Refrigeration piping and accessories), and
Moon Environment Technology Co Ltd
(3.81 billion Chinese Renmimbi [US$590.53 million]
of which 80%
was China segment).
Sales Analysis.
During the year ended December of 2019, sales at
Shanghai Jialeng Songzhi Automobile Aircondition Company., Limited were 3.41 billion Chinese Renmimbi (US$527.49 million).
This
is
a
decrease of 7.6%
versus 2018, when the company's sales were 3.69 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 81.8% decline
in Automotive Air Conditioning Parts, from 360.33 million Chinese Renmimbi to 65.59 million Chinese Renmimbi.
There were also decreases in sales in
Passenger Car Air Conditioner (down 10.9% to 1.53 billion Chinese Renmimbi)
and
Rail Car Air Conditioner (down 5.5% to 53.78 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Large and Medium Passenger Car Air Condi (up 6.4% to 1.51 billion Chinese Renmimbi)
and
Other (up 83.7% to 190.72 million Chinese Renmimbi)
and
Refrigerated Car Air Conditioner (up 73.1% to 60.74 million Chinese Renmimbi)
.