Shanghai Hugong Electric Group Co Ltd operates within the Welding apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Hugong Electric Group Co Ltd with three other
machine tool and accessory manufacturers in Asia:
Shenzhen Jasic Technology Company Limited
sales of 965.51 million Chinese Renmimbi [US$141.78 million]
of which 98%
Lts Co Ltd
of KOREA (SOUTH)
(145.12 billion Korean Won [US$123.93 million]
of which 137%
was Laser Business), and
CS Holdings Company Limited
based in KOREA (SOUTH)
(134.97 billion Korean Won [US$115.27 million]
of which 100%
was Welding Department).
During the year ended December of 2019, sales at
Shanghai Hugong Electric Group Co Ltd were 907.48 million Chinese Renmimbi (US$133.25 million).
increase of 5.1%
versus 2018, when the company's sales were 863.80 million Chinese Renmimbi.
This was the fourth straight year of sales growth at Shanghai Hugong Electric Group Co Ltd.
Sales of Aerospace Military Distribution saw an increase
that was more than double the company's growth rate: sales were up
292.8% in 2019, from
50.16 million Chinese Renmimbi to 197.03 million Chinese Renmimbi.
Not all segments of Shanghai Hugong Electric Group Co Ltd experienced an increase in sales in 2019:
sales of Smart Manufacturing Division fell 12.7% to 710.45 million Chinese Renmimbi.