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:
Sunfly Intelligent Technology Co Ltd
sales of 4.19 billion Chinese Renmimbi [US$654.73 million]
of which 67%
was High and low voltage equipment),
Guangzhou Baiyun Electric Equipment Co Ltd
(3.03 billion Chinese Renmimbi [US$472.73 million]
of which 99%
was Electrical machinery and equipment manuf), and
Ten Pao Group Holdings Ltd
based in HONG KONG
(4.49 billion Hong Kong Dollars [US$578.27 million]
of which 38%
was Smart chargers and controllers).
During the first
quarter of 2021, sales at Chung Hsin Electric & Machinery Mfg Corp totalled
4.68 billion Taiwanese Dollars .
an increase of 53.9%
from the 3.04 billion Taiwanese Dollars in sales at the company during the first quarter of 2020.
During the previous 6 quarters, sales at Chung Hsin Electric & Machinery Mfg Corp have increased compared with the same quarter in the previous year.
There appears to be at least some degree of seasonality in the sales at Chung Hsin Electric & Machinery Mfg Corp: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2018, when the
third quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 27% of sales).
During the year ended December of 2020, sales at
Chung Hsin Electric & Machinery Mfg Corp were 15.39 billion Taiwanese Dollars (US$556.38 million).
increase of 24.3%
versus 2019, when the company's sales were 12.38 billion Taiwanese Dollars .
This was the third consecutive year of growth at Chung Hsin Electric & Machinery Mfg Corp.
Sales of Engineering saw an increase
that was more than double the company's growth rate: sales were up
65.8% in 2020, from
2.25 billion Taiwanese Dollars to 3.73 billion Taiwanese Dollars .
Chung Hsin Electric & Machinery Mfg Corp also saw significant increases in sales in
Service (up 61.5% to 3.28 billion Taiwanese Dollars )