Power Construction Corporation of China Ltd operates in the Heavy construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Power Construction Corporation of China Ltd with three other
road and highway construction companies in Asia:
Shanghai Tunnel Engineering Co Ltd.
(2020
sales of 54.01 billion Chinese Renmimbi [US$8.46 billion]
of which 89%
was Construction Projects),
Penta-Ocean Construction Co Ltd
of JAPAN
(573.84 billion Japanese Yen [US$5.03 billion]
of which 37%
was Domestic civil engineering projects), and
Anhui Construction Engineering Group Co Ltd
(56.82 billion Chinese Renmimbi [US$8.90 billion]
of which 74%
was Industrial & Residential Consturction).
Sales Analysis.
During the second
quarter of 2021, sales at Power Construction Corporation of China Ltd totalled
102.20 billion Chinese Renmimbi.
This is
an increase of 6.9%
from the 95.62 billion Chinese Renmimbi in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 203.41 billion Chinese Renmimbi, which is
26.3% higher
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Power Construction Corporation of China Ltd: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2013, when the
third quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 27% of sales).
Power Construction Corporation of China Ltd reported sales of 401.00 billion Chinese Renmimbi (US$62.82 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 15.5%
versus 2019, when the company's sales were 347.14 billion Chinese Renmimbi.
Sales at Power Construction Corporation of China Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 95%).
Sales of Equipment Manufacturing and Rental saw an increase
that was more than double the company's growth rate: sales were up
51.1% in 2020, from
2.53 billion Chinese Renmimbi to 3.82 billion Chinese Renmimbi.
Not all segments of Power Construction Corporation of China Ltd experienced an increase in sales in 2020:
sales of Real Estate Development fell 4.6% to 21.79 billion Chinese Renmimbi.