AECC Aviation Power Co Ltd operates in the Aircraft engines and engine parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AECC Aviation Power Co Ltd with three other
aircraft manufacturers in Asia:
Aecc Aero Engine Control Co Ltd
(2020
sales of 3.50 billion Chinese Renmimbi [US$546.15 million]
of which 85%
was Engine control systems and derivatives),
AECC Aero Science and Technology Co Ltd
(2.72 billion Chinese Renmimbi [US$424.76 million]
of which 83%
was South-west), and
Weihai Guangtai Airport Equipment Co., Ltd
(2.96 billion Chinese Renmimbi [US$462.50 million]
of which 53%
was Aviation Industry).
Sales Analysis.
During the first
quarter of 2021, sales at AECC Aviation Power Co Ltd totalled
3.73 billion Chinese Renmimbi.
This is
an increase of 8.0%
from the 3.45 billion Chinese Renmimbi in sales at the company during the first quarter of 2020.
During the previous 6 quarters, sales at AECC Aviation Power Co Ltd have increased compared with the same quarter in the previous year.
Sales at AECC Aviation Power Co Ltd appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 32.3% and 49.2%
of the annual
sales.
AECC Aviation Power Co Ltd reported sales of 28.63 billion Chinese Renmimbi (US$4.47 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 13.6%
versus 2019, when the company's sales were 25.20 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at AECC Aviation Power Co Ltd.
Sales of Non-Aviation Service saw an increase
that was more than double the company's growth rate: sales were up
45.4% in 2020, from
302.26 million Chinese Renmimbi to 439.47 million Chinese Renmimbi.
AECC Aviation Power Co Ltd also saw significant increases in sales in
Other (up 24.4% to 367.10 million Chinese Renmimbi)
.