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XCMG Construction Machinery Co Ltd
Revenue
XCMG Construction Machinery Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
XCMG Construction Machinery Co Ltd
SZSE:000425
|
Revenue
ÂĄ89.9B
|
CAGR 3-Years
-19%
|
CAGR 5-Years
11%
|
CAGR 10-Years
12%
|
||
Weichai Power Co Ltd
SZSE:000338
|
Revenue
ÂĄ215.5B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
5%
|
CAGR 10-Years
12%
|
||
CRRC Corp Ltd
SSE:601766
|
Revenue
ÂĄ243.8B
|
CAGR 3-Years
3%
|
CAGR 5-Years
0%
|
CAGR 10-Years
7%
|
||
Sany Heavy Industry Co Ltd
SSE:600031
|
Revenue
ÂĄ76.2B
|
CAGR 3-Years
-13%
|
CAGR 5-Years
1%
|
CAGR 10-Years
8%
|
||
China CSSC Holdings Ltd
SSE:600150
|
Revenue
ÂĄ81.4B
|
CAGR 3-Years
13%
|
CAGR 5-Years
13%
|
CAGR 10-Years
11%
|
||
China Shipbuilding Industry Co Ltd
SSE:601989
|
Revenue
ÂĄ51.7B
|
CAGR 3-Years
14%
|
CAGR 5-Years
6%
|
CAGR 10-Years
-1%
|
XCMG Construction Machinery Co Ltd
Glance View
In the heart of China's booming industrial landscape, XCMG Construction Machinery Co., Ltd has cultivated a reputation as one of the world's leading heavy machinery manufacturers. Founded in 1943, this industrial titan blossomed in the post-reform era, adapting swiftly to market demands and technological advancements. XCMG has focused primarily on the production of a diversified range of construction equipment, including cranes, road rollers, loaders, and excavators. These machines have played a critical role in infrastructure projects, both domestically and internationally, facilitating new roads, bridges, and high-rises. The company capitalizes on its robust R&D facilities, ensuring its machinery not only meets but exceeds global standards in terms of efficiency and sustainability. The business model of XCMG spins efficiently on the axis of innovation and global expansion. It makes money by not just selling machinery but also offering a suite of after-sales services, including maintenance, spare parts, and customer training programs. XCMG has extended its footprint into over 180 countries, building a solid distribution network that covers emerging markets in Asia, Africa, and Latin America. Leveraging competitive pricing, it captures a substantial market share against rivals. Furthermore, XCMG's strategic alliances and joint ventures have broadened its market reach, allowing for shared expertise and resources. By aligning with global trends, such as smart construction and greener technologies, XCMG continues to thrive while nurturing its long-held commitment to quality and excellence.
See Also
What is XCMG Construction Machinery Co Ltd's Revenue?
Revenue
89.9B
CNY
Based on the financial report for Sep 30, 2024, XCMG Construction Machinery Co Ltd's Revenue amounts to 89.9B CNY.
What is XCMG Construction Machinery Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
12%
Over the last year, the Revenue growth was -1%. The average annual Revenue growth rates for XCMG Construction Machinery Co Ltd have been -19% over the past three years , 11% over the past five years , and 12% over the past ten years .