Avicopter PLC operates in the Aircraft sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Avicopter PLC with three other
companies in this sector in CHINA :
AVIC Electromechanical Systems Co Ltd
(2020
sales of 12.22 billion Chinese Renmimbi [US$1.91 billion]
of which 74%
was Aircraft industry),
Avic XiAn Aircraft Industry Group Co Ltd
(33.47 billion Chinese Renmimbi [US$5.23 billion]
of which 94%
was Northwest), and
Jiangxi Hongdu Aviation Ind. Co., Ltd.
(5.07 billion Chinese Renmimbi [US$791.21 million]
of which 94%
was Aircraft Manufacturing).
Sales Analysis.
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Avicopter PLC totalled
3.20 billion Chinese Renmimbi.
This is
an increase of 63.8%
from the 1.95 billion Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2014.
Sales at Avicopter PLC appear to have some seasonality: during each of the previous 8
years, sales have been highest during the fourth quarter, which has accounted for
between 33.3% and 91.0%
of the annual
sales.
Avicopter PLC reported sales of 19.65 billion Chinese Renmimbi (US$3.07 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 24.4%
versus 2019, when the company's sales were 15.80 billion Chinese Renmimbi.
This was the third consecutive year of growth at Avicopter PLC.
Sales of Harbin Division saw an increase
of
45.2% in 2020, from
6.34 billion Chinese Renmimbi to 9.21 billion Chinese Renmimbi.
Not all segments of Avicopter PLC experienced an increase in sales in 2020:
sales of Tianjin Division fell 21.3% to 8.33 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).