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 (2019 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).

Sales Analysis. During the year ended December of 2019, sales at Xiangtan Electric Manufacturing Co. were 5.20 billion Chinese Renmimbi (US$803.56 million). This is a 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) and Water Pump and Auxiliary (down 24.6% to 197.65 million Chinese Renmimbi) and 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) .