TCL Corporation operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TCL with three other
companies in this sector in China:
Sichuan Changhong Electric Company Limited
sales of 83.26 billion Chinese Renmimbi [US$12.10 billion]
of which 31%
was Intermediate Product),
Konka Group Company Limited
(46.13 billion Chinese Renmimbi [US$6.70 billion]
of which 22%
was Electronics Industry), and
Hangzhou Hikvision Digital Technology Company., Limited
(49.84 billion Chinese Renmimbi [US$7.24 billion]
of which 48%
was Front-end product).
TCL reported sales of 113.45 billion Chinese Renmimbi (US$16.49 billion)
December of 2018.
a very small
increase of 1.5%
versus 2017, when the company's sales were 111.73 billion Chinese Renmimbi.
Sales at TCL have increased during each of the previous five years
(and since 2013, sales have increased a total of 33%).
Sales of Tongli Electric saw an increase
that was more than double the company's growth rate: sales were up
21.8% in 2018, from
5.07 billion Chinese Renmimbi to 6.18 billion Chinese Renmimbi.
TCL also saw significant increases in sales in
Other Household Appliance (up 9.9% to 17.46 billion Chinese Renmimbi)
Not all segments of TCL experienced an increase in sales in 2018:
sales of Communications fell 16.1% to 12.56 billion Chinese Renmimbi.
TCL also experienced decreases in sales in
Huaxing (down 9.6% to 27.54 billion Chinese Renmimbi)