Auto parts profitability restored to the best level in history

Auto parts profitability restored to the best level in history

The profitability of the auto parts sector has been restored to the best level in history in 2007, with a slight increase. The scale benefits are gradually emerging. With the further growth in the production and sales volume of the Chinese automobile industry, the profitability of the future parts and components segment is expected to increase further. It is expected that the overall income of the auto parts segment will reach over 26% in 2010, and the profit growth will exceed 50%, and the average gross sales margin will reach around 23%.

At present, the development trend of China's auto parts industry is excellent. The auto parts industry is a typical scale and profit-oriented industry. Only when it reaches a certain scale, can production companies achieve profitability beyond the break-even point. In 2009, driven by the blowout growth in the Chinese automotive industry, listed auto parts companies achieved rapid growth in revenue and profits. The profit growth rate is much higher than the income growth rate, and the scale benefit characteristics are very obvious.

The structural adjustment of the parts and components industry must closely focus on the themes of energy conservation, emission reduction, safety, and the development of new energy vehicles; through adjustments, changes in the current state of small-scale, decentralized, low-level duplication, weak technological innovation capabilities, and extensive business operations will be realized. Full upgrade. All parts and components companies should improve their overall quality; continue to improve the relationship between vehicles and parts; guide and promote the leading companies of parts and components to follow the path of grouping and internationalization; and support small and medium-sized parts and components companies to go professional, small and large enterprises. The road of the market; We must work hard to adhere to the four aspects of opening to the outside world and strengthening foreign cooperation. Only in this way can the Chinese auto parts industry become bigger and bigger, and the level of the Chinese auto industry can become stronger and stronger.

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