Auto parts companies have no inventory pressure
According to statistics from the China Automotive Technology and Research Center, in the first four months of 2010, the inventory of automobile companies and circulation links increased by 999,600, and some companies and merchants already felt the pressure of greater inventory. As an upstream supplier of vehicle companies, what is the production and operation of auto parts companies? For the market situation in the second half of 2010, how do parts and components companies judge? In order to understand the details, the reporter interviewed some parts and components companies and organized the following reports. Oil Tank Hatch Cover,Spot Oil Tank Cover,Fuel Tank Parts,Marine Oil Tank Cover TAIXING HAITAI GLOBAL TRADE CO.,LTD , https://www.jiangsuhaitship.com
The relationship between the entire vehicle company and the parts and components company is like a lip. The parts companies, vehicle manufacturers, and distributors located in the upstream and downstream of the same industry chain will experience any situation in the link, and other links will be affected. From the production and sales data recently announced by the China Automotive Technology and Research Center, China's auto production and sales volume has been declining for the third consecutive month since April 2010, and dealers’ inventory time has been significantly extended. As of June 2010, stocks were as high as 128.69. Millions, there is a large inventory. According to industry insiders, the Chinese auto market will face a grim second half.
Faced with the increase in inventory of car dealers, how does the parts and components company react? Has it sensed the changes in the market long ago, and has experienced a decline in sales and increased inventory? The reporter interviewed a number of parts and components companies and found that most parts and components companies do not feel the pressure, but they are cautious about the market trend in the second half of the year.
In the commercial vehicle sector, there have been significant increases in the production and sales of many models.
Driven by the strong demand of vehicle companies, parts and components companies also performed well. In the first half of 2010, most parts and components companies produced beautiful mid-year transcripts. For example, Fast Group’s total sales revenue reached RMB 6.87 billion in the first half of the year, an increase of 111.1% year-on-year; total industrial output value was RMB 6.73 billion, an increase of 106.2% year-on-year; sales of automobile transmissions were 490.9 thousand units, an increase of 108.6% year-on-year; The growth rate was 98.1%, exceeding the predetermined target set by the company of “more than half of the time, production and sales revenue exceeds two-thirdsâ€. China’s auto parts giant Wanxiang Qianchao said that it expects net profit for the first half of 2010 to reach 169.95 million yuan to 192 million yuan, an increase of 50% to 70%. On July 1, Anhui Zhongding Seals Co., Ltd., which produces seals and special rubber products, issued an announcement that net profit in the first half of 2010 is expected to reach 153 million to 175 million yuan, an increase of 75% to 100% year-on-year. .
Circulation, inventory increase, parts companies respond slightly
"Increase in inventory and demand for spare parts have decreased. Since April, the sales volume of various parts and components companies will surely decline." This is the reporter's original idea. However, Chen Liangyu, Marketing Director of Shanghai Diesel Engine Co., Ltd., told the reporter: “Inventories in the auto market increase. The dealers are the first to feel, then the vehicle manufacturers, and finally to the parts companies.†He told reporters. "From January to June 2010, Shangchai's sales increased month by month. However, in July, we clearly felt that sales were not as good as before. In the first six months, in order to complete orders, workers needed to work overtime and enter July. Workers' relatives It's a lot easier."
The relevant person in charge of Hengyang Fengshun Axle Co., Ltd. also told reporters: "From the first half of the situation, the company's sales have maintained a rapid growth, but since June, the growth rate has slowed down, and in July, sales began to decline. Compared with circulation, the sensitivity of parts and components companies to the market will lag behind.
There are also companies that are more sensitive to market changes. Shi Zhengtang, deputy general manager of Zhejiang Asia Pacific Electromechanical Co., Ltd., said that since April 2010, affected by the rapid decline in production and sales of micro-vehicles, the sales volume of the company’s micro-vehicle-supported products has also declined rapidly.
Individual companies have not shown signs of sales decline so far. The reporter learned from the employees of Chen Zongchun, a member of ZF Leonford Chassis Technology Co., Ltd. in Shanghai. As of today, sales of ZF Leonford Chassis Technology Co., Ltd. in Shanghai did not show any signs of slowing down. Even some of the brand vehicles such as Beijing Benz There is a tight supply situation. "Of course, there are also some brand orders significantly decreased, but overall, the company's sales are still growing." Chen Cong poaching industry may not be better than the days. At present, many vehicle companies have adjusted their market inventories accordingly, and parts companies will also face downward sales.