Wolong Electric Drive Group Co Ltd operates within the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wolong Electric Drive Group Co Ltd with three other
companies in this sector in China:
Guangdong Dongfang Precision & Technology Co Ltd
sales of 6.62 billion Chinese Renmimbi [US$944.01 million]
of which 74%
was Domestic companies),
Zhongshan Broad Ocean Motor Company Limited
(8.64 billion Chinese Renmimbi [US$1.23 billion]
of which 38%
was Air-Conditionor Motor), and
Jinlong Machinery & Electronic Company Limited
(3.37 billion Chinese Renmimbi [US$480.36 million]
of which 47%
was Micro-motor industry).
During the year ended December of 2018, sales at
Wolong Electric Drive Group Co Ltd were 11.07 billion Chinese Renmimbi (US$1.58 billion).
increase of 9.8%
versus 2017, when the company's sales were 10.08 billion Chinese Renmimbi.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
155.7% in 2018, from
107.17 million Chinese Renmimbi to 274.05 million Chinese Renmimbi.
Wolong Electric Drive Group Co Ltd also saw significant increases in sales in
Low Voltage Motor and Drive (up 20.3% to 4.32 billion Chinese Renmimbi)
Hv Electric Machine and Drive (up 23.4% to 2.89 billion Chinese Renmimbi)
Batteries (up 14.9% to 475.68 million Chinese Renmimbi)
Trading (up 34.3% to 411.30 million Chinese Renmimbi)
Not all segments of Wolong Electric Drive Group Co Ltd experienced an increase in sales in 2018:
sales of Other Operation fell 24.6% to 291.53 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).