China Auto Parts Industry Development situation
Since entering the 21st century, accompanied by the rapid development of automobile industry, China's auto parts industry is developing rapidly.
Table 1: major economic indicators of China auto parts industry in recent years, (output)
|
|
2005 |
2006 |
2007 |
2008 |
||||
|
Indicators |
KRW |
Growth rate % |
KRW |
Growth rate % |
KRW |
Growth rate % |
KRW |
Growth rate % |
|
Total industrial output value |
4160 |
— |
5501 |
32.2 |
7637 |
38.8 |
9290 |
25.6 |
|
industrial added value |
1100 |
24.2 |
1396 |
26.9 |
2042 |
46.2 |
— |
— |
|
Total assets |
4397 |
18 |
5245 |
28 |
6455 |
23 |
8071 |
17 |
|
Proceeds of sale |
4431 |
25 |
5584 |
26 |
7486 |
34 |
9003 |
24 |
Note: The data above are obtained from the State Information Center. The statistics do not include rubber tires, glass and some electronic products. The same below.
Table 2: Major economic indicators of China auto parts industry in recent years (profits)
|
|
2003 |
2004 |
2005 |
2006 |
2007 |
|
Total profit (KRW) |
|
248.6 |
231.2 |
330.3 |
544.6 |
|
Return on sales (%) |
9.0 |
8.2 |
5.7 |
6.2 |
7.1 |
|
ROA (%) |
|
|
5.3 |
6.1 |
8.4 |
|
Return on equity (%) |
|
|
11.5 |
13.2 |
20.0 |
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