China Automotive Systems Inc operates within the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Automotive Systems Inc with three other
companies in this sector in China:
Jiangsu Xinquan Automotive Trim Co Ltd
(2017
sales of 3.10 billion Chinese Renmimbi [US$491.59 million]
of which 86%
was Auto parts industry),
Shanghai Pret Composites Company Limited
(3.40 billion Chinese Renmimbi [US$539.62 million]
of which 91%
was Vehicle), and
Guizhou Guihang Automotive Components
(3.39 billion Chinese Renmimbi [US$538.61 million]
of which 41%
was Electronic Appliances).
Sales Analysis.
During the year ended December of 2017, sales at
China Automotive Systems Inc were 3.36 billion Chinese Renmimbi (US$533.85 million).
This
is
an
increase of 9.3%
versus 2016, when the company's sales were 3.07 billion Chinese Renmimbi.
Sales of Hubei Henglong saw an increase
that was more than double the company's growth rate: sales were up
63.0% in 2017, from
381.31 million Chinese Renmimbi to 621.59 million Chinese Renmimbi.
China Automotive Systems Inc also saw significant increases in sales in
Jiulong (up 32.5% to 678.72 million Chinese Renmimbi)
and
Other Sector (up 27.4% to 397.86 million Chinese Renmimbi)
and
Shenyang (up 15.6% to 270.62 million Chinese Renmimbi)
.
Not all segments of China Automotive Systems Inc experienced an increase in sales in 2017:
sales of Henglong fell 6.0% to 1.88 billion Chinese Renmimbi.