Xiangtan Electric Manufacturing Co. operates within the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xiangtan Electric Manufacturing Co. with three other
companies in this sector in China:
Hangzhou Steam Turbine Company Limited
sales of 3.24 billion Chinese Renmimbi [US$510.69 million]
of which 92%
was Boiler and Prime Mover Manufacturing),
Titan Wind Energy (suzhou) Company Limited
(2.31 billion Chinese Renmimbi [US$364.32 million]
of which 93%
was Wind Tower & Related Products), and
China High Speed Transmission Equipment Group Co Ltd
(8.97 billion Chinese Renmimbi [US$1.42 billion]
of which 100%
was Gear products).
During the year ended December of 2016, sales at
Xiangtan Electric Manufacturing Co. were 10.95 billion Chinese Renmimbi (US$1.73 billion).
increase of 15.2%
versus 2015, when the company's sales were 9.50 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at Xiangtan Electric Manufacturing Co..
Sales of Wind Motor(Europe Dist.) saw an increase
that was more than double the company's growth rate: sales were up
296.4% in 2016, from
11.75 million Chinese Renmimbi to 46.57 million Chinese Renmimbi.
Xiangtan Electric Manufacturing Co. also saw significant increases in sales in
Motor and Auxiliary (up 89.7% to 7.56 billion Chinese Renmimbi)
Not all segments of Xiangtan Electric Manufacturing Co. experienced an increase in sales in 2016:
sales of Wind Motor (Chn Dist.) fell 5.3% to 4.73 billion Chinese Renmimbi.