Hangzhou Advance Gearbox Group Company Limited operates in the Speed changers, drives, and gears sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hangzhou Advance Gearbox Group Company Limited with three other
industrial machinery manufacturers in Asia:
Shanghai Moons' Electric Co Ltd
sales of 2.06 billion Chinese Renmimbi [US$312.79 million]
of which 73%
was Motor control and drive),
(19.34 billion Japanese Yen [US$185.63 million]
of which 75%
was Reduction gear), and
Elecon Engineering Company Ltd
based in INDIA
(12.23 billion Indian Rupees [US$165.49 million]
of which 72%
was Transmission Equipment).
Hangzhou Advance Gearbox Group Company Limited reported sales of 1.65 billion Chinese Renmimbi (US$251.32 million)
December of 2019.
a very small
increase of 1.1%
versus 2018, when the company's sales were 1.63 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when Hangzhou Advance Gearbox Group Company Limited
reported sales of 1.66 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hangzhou Advance Gearbox Group Company Limited had sales
of 1.77 billion Chinese Renmimbi.
Sales of General Equipment Manufacturing Industry saw an increase
1.3% in 2019, from
1.60 billion Chinese Renmimbi to 1.63 billion Chinese Renmimbi.
Not all segments of Hangzhou Advance Gearbox Group Company Limited experienced an increase in sales in 2019:
sales of Other fell 8.5% to 27.51 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).