Hangcha Group Co Ltd
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Hangcha Group Co Ltd
Other Operating Expenses
Hangcha Group Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Hangcha Group Co Ltd
SSE:603298
|
Other Operating Expenses
ÂĄ223.1m
|
CAGR 3-Years
92%
|
CAGR 5-Years
81%
|
CAGR 10-Years
N/A
|
||
Weichai Power Co Ltd
SZSE:000338
|
Other Operating Expenses
ÂĄ809.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
CRRC Corp Ltd
SSE:601766
|
Other Operating Expenses
ÂĄ3.1B
|
CAGR 3-Years
27%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Sany Heavy Industry Co Ltd
SSE:600031
|
Other Operating Expenses
ÂĄ745.8m
|
CAGR 3-Years
-20%
|
CAGR 5-Years
54%
|
CAGR 10-Years
N/A
|
||
China CSSC Holdings Ltd
SSE:600150
|
Other Operating Expenses
ÂĄ370.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
China Shipbuilding Industry Co Ltd
SSE:601989
|
Other Operating Expenses
-ÂĄ709.3m
|
CAGR 3-Years
15%
|
CAGR 5-Years
13%
|
CAGR 10-Years
-17%
|
Hangcha Group Co Ltd
Glance View
Nestled in the bustling industrial landscape of Hangzhou, China, Hangcha Group Co., Ltd. has emerged as a stalwart in the world of material handling equipment. Founded in 1956, the company has steadily expanded its footprint, becoming one of the leading forklift manufacturers globally. Hangcha combines innovative design with robust manufacturing processes, primarily focused on producing a wide range of forklifts, from electric to internal combustion types. Their product variety caters to diverse industries, from warehousing and logistics to construction and agriculture, meeting the dynamic needs of their extensive customer base. This versatility in product offerings not only showcases Hangcha's engineering capabilities but also ensures a continuous revenue stream as they cater to both local and international markets. Underpinning Hangcha's success is a business model centered around technology adoption and operational efficiency. The company invests heavily in research and development to maintain a competitive edge, enhancing their product durability and operational safety. By aligning their manufacturing strategy with sustainable practices, Hangcha minimizes operational costs, optimizing profitability. Additionally, they have developed an extensive global network, utilizing strategic alliances and partnerships to improve distribution channels. Their after-sales service, which includes maintenance packages and parts supply, further bolsters customer loyalty, ensuring recurring revenue. Ultimately, it’s this blend of innovation, efficient production, and customer-centric service that defines Hangcha's approach to creating value in the material handling industry.
See Also
What is Hangcha Group Co Ltd's Other Operating Expenses?
Other Operating Expenses
223.1m
CNY
Based on the financial report for Sep 30, 2024, Hangcha Group Co Ltd's Other Operating Expenses amounts to 223.1m CNY.
What is Hangcha Group Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
81%
Over the last year, the Other Operating Expenses growth was 432%. The average annual Other Operating Expenses growth rates for Hangcha Group Co Ltd have been 92% over the past three years , 81% over the past five years .