Zhongshan Broad Ocean Motor Company Limited operates within the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zhongshan Broad Ocean Motor Company Limited with three other
companies in this sector in China:
Wolong Electric Drive Group Co Ltd
sales of 11.07 billion Chinese Renmimbi [US$1.59 billion]
of which 39%
was Low voltage motor and drive),
Guangdong Dongfang Precision & Technology Co Ltd
(6.62 billion Chinese Renmimbi [US$948.51 million]
of which 74%
was Domestic companies), and
Jinlong Machinery & Electronic Company Limited
(3.37 billion Chinese Renmimbi [US$482.65 million]
of which 47%
was Micro-motor industry).
During the year ended December of 2018, sales at
Zhongshan Broad Ocean Motor Company Limited were 8.64 billion Chinese Renmimbi (US$1.24 billion).
a very small
increase of 0.4%
versus 2017, when the company's sales were 8.61 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Zhongshan Broad Ocean Motor Company Limited
(and since 2013, sales have increased a total of 164%).
Sales of Magnetic Material saw an increase
that was more than double the company's growth rate: sales were up
17.5% in 2018, from
126.36 million Chinese Renmimbi to 148.44 million Chinese Renmimbi.
Zhongshan Broad Ocean Motor Company Limited also saw significant increases in sales in
Non-Air-Conditionor Motor (up 16.9% to 1.33 billion Chinese Renmimbi)
Vehicles' Leasing (up 6.8% to 198.31 million Chinese Renmimbi)
Not all segments of Zhongshan Broad Ocean Motor Company Limited experienced an increase in sales in 2018:
sales of Other fell 10.2% to 180.96 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Zhongshan Broad Ocean Motor Company Limited also experienced decreases in sales in
Air-Conditionor Motor (down 4.6% to 3.33 billion Chinese Renmimbi)
Starter and Generator (down 0.1% to 2.05 billion Chinese Renmimbi)
New Energy Vehicle Powertrain Systems (down 0.9% to 1.41 billion Chinese Renmimbi)