At the 2008 annual meeting of the Chinese auto parts industry, the China Association of Automobile Manufacturers released the “2007 List of Top 100 Auto Parts in Chinaâ€. As can be seen from the data, in the past three years, China's auto parts and components companies have continued to grow and grow, and their main operating revenues have nearly tripled over the past three years.
According to Zhu Yiping, Assistant Secretary General of the China Association of Automobile Manufacturers, the auto parts industry has been escalating in the context of the continuous expansion of the total automobile industry in China, showing a rapid and healthy development. According to the statistics of China Association of Automobile Manufacturers, in 2007, there were 7,975 auto parts enterprises included in the statistical category, and the main business income was 794.435 billion yuan, an increase of 38.54% over 2006, accounting for 37.08% of the total 2.14 trillion yuan in the auto industry. The realized profit was 57.633 billion yuan, an increase of 64.36% over 2006, accounting for 43.39% of the total profits of the auto industry of 132.833 billion yuan. In 2007, the export of auto parts was US$15.594 billion, an increase of 35.38% over 2006.
Judging from the list of the top 100 Chinese auto parts companies in 2007, the top 100 companies in 2007 achieved a total of 381.873 billion yuan in main business income, accounting for 48.07% of the main business income of the parts and components industry. From the analysis of the company's main business income, there are 7 out of 100 companies with over 10 billion yuan, 7 with 5 billion to 10 billion, 14 with 3 billion to 5 billion, and companies below 3 billion. 72 homes.
Judging from the list of the top 100 companies that have been announced three times, the economic strength of China's auto parts enterprises has increased, and the overall revenue of the top 100 companies has increased substantially. The top companies in 2004, 2005, and 2007 were Wanxiang Group, Wanxiang Group, and Weichai Holding Group Co., Ltd., with sales revenues of 20.857 billion yuan, 25.2118.8 billion yuan, and 408.7686 billion yuan respectively. Taking Wanxiang as an example, the main operating revenue for 2007 was 40.846 billion yuan, which was nearly 2 times of 2004 sales revenue. From the top companies, the 100th companies in 2005 and 2007 were Bosch Automotive Components (Suzhou) Co., Ltd. and Tianjin Aida Automatic Transmission Co., Ltd. The sales revenue of the former was 6.8057 billion yuan. The main operating income is 1.03533 billion yuan. Comparing the list for 2005 and 2007, the income level of the 100 millionth enterprise in 2007 will be ranked 52nd on the 2005 annual list. This shows that the top 100 companies in 2007 have greatly improved their economic strength.
Among the top 100 parts and components companies in 2007, the average top operating income of the top ten and top ten companies was nearly two times higher than the product sales revenue of the year 2005. The average sales revenue of the top ten companies in 2005 was 9.917187 billion yuan, and the average operating revenue of the top ten companies in 2007 was 17.07938 billion yuan; after the 2005 top ten, the average product sales revenue was 6.9726 billion yuan, and the top ten after 2007 Operating income was 1.0714 billion yuan.
In 2007, the revenue of main businesses of the top 100 companies showed rapid growth. According to statistics, the revenue from the main business of the Top 100 in 2007 increased by 35.27% year-on-year, of which auto parts (including engines) revenue increased by 38.48% year-on-year, and total profits increased by 66.63% year-on-year.
According to Zhu Yiping, the "2007 List of Top 100 Auto Parts Manufacturers in China" was selected based on the 2007 main business income index as the only basis, reflecting the overall size and capabilities of the company. The statistical data and corporate data used were determined after verification by the China Automobile Industry Association and related companies.
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