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 :
Zhejiang Windey Co Ltd
sales of 5.01 billion Chinese Renmimbi [US$773.53 million]
of which 100%
was Wind Industry),
Hangzhou Steam Turbine Company Limited
(4.28 billion Chinese Renmimbi [US$660.77 million]
of which 79%
was Industrial steam turbine), and
Titan Wind Energy (suzhou) Company Limited
(6.06 billion Chinese Renmimbi [US$935.36 million]
of which 87%
was Wind Tower & Related Products).
During the year ended December of 2019, sales at
Xiangtan Electric Manufacturing Co. were 5.20 billion Chinese Renmimbi (US$803.56 million).
decrease of 16.0%
versus 2018, when the company's sales were 6.20 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 53.4% decline
in Trading, from 3.09 billion Chinese Renmimbi to 1.44 billion Chinese Renmimbi.
There were also decreases in sales in
Motor and Auxiliary (down 3.8% to 3.40 billion Chinese Renmimbi)
Water Pump and Auxiliary (down 24.6% to 197.65 million Chinese Renmimbi)
Wind Motor(Europe Dist.) (down 42.5% to 8.59 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Wind Motor (Chn Dist.) (up 56.4% to 1.53 billion Chinese Renmimbi)