Xinjiang Machinery Research Institute Co Ltd operates in the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Xinjiang Machinery Research Institute Co Ltd with three other
companies in this sector in China:
Thinker Agricultural Machinery Co Ltd
sales of 595.81 million Chinese Renmimbi [US$86.26 million]
of which 54%
was Combine harvester),
Hefei Taihe Optoelectronic Technology Co Ltd
(407.35 million Chinese Renmimbi [US$58.98 million]
of which 98%
was Special machinery manufacturing), and
Xinjiang Tianye Water Saving Irrigation Sytem Co Ltd
(532.21 million Chinese Renmimbi [US$77.05 million]
of which 100%
was Manufacturing & Sale of Irrigation Syste).
Xinjiang Machinery Research Institute Co Ltd reported sales of 1.88 billion Chinese Renmimbi (US$272.12 million)
December of 2018.
a very small
increase of 1.4%
versus 2017, when the company's sales were 1.85 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at Xinjiang Machinery Research Institute Co Ltd.
Sales of Professional Equipment Manufacturing (Ag saw an increase
that was more than double the company's growth rate: sales were up
90.0% in 2018, from
213.37 million Chinese Renmimbi to 405.44 million Chinese Renmimbi.
Not all segments of Xinjiang Machinery Research Institute Co Ltd experienced an increase in sales in 2018:
sales of Professional Equipment Manufacturing (Sp fell 10.1% to 1.47 billion Chinese Renmimbi.