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:
Sorl Auto Parts, Incorporation
(2018
sales of 3.10 billion Chinese Renmimbi [US$440.65 million]
of which 83%
was Commercial vehicles brake systems),
Tianrun Crankshaft Co Limited
(3.41 billion Chinese Renmimbi [US$484.21 million]
of which 68%
was Engine and Ship Level Crankshaft), and
Jiangsu Xinquan Automotive Trim Co Ltd
(3.41 billion Chinese Renmimbi [US$484.16 million]
of which 86%
was Auto parts industry).
Sales Analysis.
During the year ended December of 2018, sales at
China Automotive Systems Inc were 3.29 billion Chinese Renmimbi (US$467.12 million).
This
is
a
decrease of 2.3%
versus 2017, when the company's sales were 3.36 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 36.5% decline
in Shenyang, from 270.62 million Chinese Renmimbi to 171.76 million Chinese Renmimbi.
There were also decreases in sales in
Henglong (down 11.9% to 1.66 billion Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Hubei Henglong (up 31.3% to 815.98 million Chinese Renmimbi)
and
Jiulong (up 0.5% to 681.94 million Chinese Renmimbi)
and
Other Entitity (up 20.5% to 479.51 million Chinese Renmimbi)
and
Wuhu (up 16.6% to 200.99 million Chinese Renmimbi)
.