Suzhou Hailu Heavy Industry Company Limited operates in the Heating equipment, except electric sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Suzhou Hailu Heavy Industry Company Limited with three other
heating, ventilation, plumbing and air conditioning equipment manufacturers in Asia:
Hankook Technology Incorporation
of KOREA (SOUTH)
sales of 323.15 billion Korean Won [US$288.89 million]
of which 93%
was Construction Business),
Zhenjiang Dongfang Electric Heating Technology Co Ltd
(2.40 billion Chinese Renmimbi [US$374.19 million]
of which 59%
was Citizens Electronical Heater), and
Honeywell Automation India Limited
based in INDIA
(32.90 billion Indian Rupees [US$448.43 million]
of which 100%
was Automation & Control system).
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Suzhou Hailu Heavy Industry Company Limited totalled
349.77 million Chinese Renmimbi.
an increase of 67.9%
from the 208.34 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Suzhou Hailu Heavy Industry Company Limited: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2019, when the
third quarter was the best quarter, accounting for
37% of sales (during that same year, the
fourth quarter accounted for 12% of sales).
Suzhou Hailu Heavy Industry Company Limited reported sales of 2.03 billion Chinese Renmimbi (US$316.12 million)
December of 2020.
decrease of 1.7%
versus 2019, when the company's sales were 2.06 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 62.0% decline
in Electrical Power Sales, from 605.50 million Chinese Renmimbi to 230.05 million Chinese Renmimbi.
There were also decreases in sales in
Environmental Operations (down 41.1% to 94.69 million Chinese Renmimbi)
Other (down 5.8% to 76.76 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Manufacturing Industry (up 31.0% to 1.53 billion Chinese Renmimbi)
Environmental Engineering Services (up 108.8% to 97.36 million Chinese Renmimbi)