The contribution rate of component companies' main business revenue growth in the first quarter ranked first
In the first quarter of 2013, China's automobile industry continued the steady growth trend of 2012, continued to run at a high level as a whole, and continued to record high monthly production and sales. Corresponding to the vehicle industry, how did the auto parts manufacturing industry operate in the first quarter of this year?
According to the latest issue of 'China Automobile Industry Production and Sales Newsletter' report, from January to March 2013, according to the statistics of 1,029 auto parts manufacturing companies above designated size, 1,679 companies are in a state of loss, and the loss calculated by the number of companies The surface area reached 16.74%. This data is 4.68 percentage points higher than the statistics two years ago, but this was generated when the number of statistical samples increased by 1,603. If compared with the same period in the first quarter of 2012, the number of loss-making companies increased by 0.60%.
From the perspective of several indicators of the auto parts manufacturing industry, from January to March 2013, the industry’s main business income was 573.191 billion yuan, a year-on-year increase of 14.90%, which was a growth rate that exceeded 8.58% of the vehicle manufacturing industry. The main business growth rate was 6.32 percentage points; compared with the same period in 2012, the main business revenue growth was 74.329 billion yuan, which also exceeded the main business growth of the vehicle manufacturing industry of 53.322 billion yuan, which was 143.202 billion yuan in the automobile manufacturing industry. Yuan’s main business growth contributed 51.91%, ranking first in several sub-sectors including vehicle manufacturing, modified car manufacturing, parts manufacturing, motorcycle manufacturing, and motorcycle parts manufacturing.
In terms of main business cost, from January to March 2013, the main business cost of the auto parts manufacturing industry was 490.421 billion yuan, an increase of 16.29% year-on-year, and the increase was 68.717 billion yuan. The cost increase was less than that of the main business. Business revenue growth.
In terms of total profit, from January to March 2013, the auto parts manufacturing industry realized a total profit of 35.333 billion yuan, a year-on-year increase of 16.26%. Compared with the same period in 2012, the total profit growth amounted to 4.942 billion yuan, and its contribution to the entire automobile manufacturing industry was 51.96%, exceeding the 41.74% contribution of the vehicle manufacturing industry. The main reason for the formation of this gap is the high growth of the main business income of the parts manufacturing industry. In fact, among several other indicators for measuring performance growth, except for the liquidity turnover rate, the parts manufacturing industry is inferior in several indicators such as sales profit margin, cost and expense profit margin, total asset contribution rate, and return on net assets. Vehicle manufacturing industry.
From the perspective of several other indicators of the auto parts manufacturing industry, from January to March 2013, the total assets of the industry totaled 1,660.829 billion yuan, an increase of 13.99% year-on-year; current assets were 993.203 billion yuan, an increase of 11.36% year-on-year; Receivables amounted to 338.533 billion yuan, an increase of 10.28% year-on-year; inventories were 216.593 billion yuan, an increase of 8.87% year-on-year, of which finished goods inventories were 91.094 billion yuan, an increase of 9.96% year-on-year. The above data shows that the liquidity situation of the whole industry is still good, the increase in corporate inventory is not large, and accounts receivable account for a certain proportion. The increase in corporate income and small capital occupation and inventory status have increased the profitability indicators such as corporate sales profit margins. Sales profit rate, cost and expense profit rate, total asset contribution rate and return on net assets were 6.16%, 6.63%, 13.55% and 4.72%, respectively.
From January to March 2013, the industry-wide liabilities of the auto parts manufacturing industry totaled 912.647 billion yuan, a year-on-year increase of 120.245 billion yuan, a year-on-year increase of 15.17%; the industry-wide asset-liability ratio was 54.95%, an increase from the previous year 0.56 percentage points.
