Chung Hsin Electric & Machinery Mfg Corp operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chung Hsin Electric & Machinery Mfg Corp with three other
power transmission equipment manufacturers in Asia:
Guangzhou Baiyun Electric Equipment Co Ltd
sales of 2.86 billion Chinese Renmimbi [US$410.18 million]
of which 99%
was Electrical machinery and equipment manuf),
Anhui Sinonet & Xinlong Science & Technology Co Ltd
(2.76 billion Chinese Renmimbi [US$395.08 million]
of which 58%
was Software and information technology serv), and
Ten Pao Group Holdings Ltd
based in HONG KONG
(3.64 billion Hong Kong Dollars [US$469.19 million]
of which 37%
was Smart chargers and controllers).
During the year ended December of 2019, sales at
Chung Hsin Electric & Machinery Mfg Corp were 12.38 billion Taiwanese Dollars (US$421.70 million).
a very small
increase of 1.2%
versus 2018, when the company's sales were 12.24 billion Taiwanese Dollars .
The sales level in 2019 was fairly close to the level five years ago: in 2014, Chung Hsin Electric & Machinery Mfg Corp had sales
of 11.32 billion Taiwanese Dollars .
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
22.6% in 2019, from
800.91 million Taiwanese Dollars to 981.72 million Taiwanese Dollars .
Chung Hsin Electric & Machinery Mfg Corp also saw significant increases in sales in
Service (up 5.0% to 2.03 billion Taiwanese Dollars )
Not all segments of Chung Hsin Electric & Machinery Mfg Corp experienced an increase in sales in 2019:
sales of Engineering fell 4.7% to 2.25 billion Taiwanese Dollars .
Chung Hsin Electric & Machinery Mfg Corp also experienced decreases in sales in
Electric Generators Manufacturing (down 0.4% to 7.12 billion Taiwanese Dollars )