Skyworth Group Ltd operates within the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Skyworth Group Ltd with three other
audio-visual equipment producers in Asia:
Qingdao Hisense Electric Co Ltd
sales of 35.13 billion Chinese Renmimbi [US$5.01 billion]
of which 91%
Konka Group Company Limited
(46.13 billion Chinese Renmimbi [US$6.58 billion]
of which 22%
was Electronics Industry), and
Hangzhou Hikvision Digital Technology Company., Limited
based in China
(49.84 billion Chinese Renmimbi [US$7.11 billion]
of which 48%
was Front-end product).
During the year ended December of 2018, sales at
Skyworth Group Ltd were HK$47.66 billion (US$6.09 billion).
increase of 11.2%
versus 2017, when the company's sales were HK$42.85 billion.
This was the fifth consecutive year of sales increases at Skyworth Group Ltd
(and since 2013, sales have increased a total of 26%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
66.8% in 2018, from
HK$4.27 billion to HK$7.12 billion.
Skyworth Group Ltd also saw significant increases in sales in
Digital Set Top Boxes (up 34.4% to HK$8.81 billion)
White Appliances (up 58.4% to HK$3.32 billion)
Property Holding (up 48.0% to HK$429.33 million)
Not all segments of Skyworth Group Ltd experienced an increase in sales in 2018:
sales of Television Products fell 5.6% to HK$27.98 billion.