The automobile industry is a national pillar industry. Under the background of the global financial crisis, the Chinese automobile industry not only took the lead in leading the economic recovery of the industry in 2009, but also led to the expansion of production capacity of the entire upstream and downstream industrial chain. Bring rare opportunities for development. As the leading company in the field of domestic automobile brake systems, Asia Pacific shares have seized the opportunity of rapid development of the industry to achieve the listing.
The main products of Asia-Pacific stocks include disc brakes, drum brakes, vacuum boosters, ABS, brake master cylinders, wheel cylinders, and clutch master cylinders. The report shows that the comprehensive gross profit rate of products from 2006 to the first half of 2009 was 23.85%, 24.03%, 20.23%, and 21.24%, respectively. In 2008, the impact of the international financial crisis fell back slightly, but the gross profit rate in the first half of this year rebounded. The company expects the annual comprehensive gross profit margin to remain above 21%, which is at a relatively high level in the industry; in addition, from 2005-2008, Asia Pacific The operating income of the shares increased by 97%, with an average annual growth of 25.36%. At the same time, the net profit attributable to the parent company increased by 2.95 times, with an average annual growth rate of 58%. Under the influence of state-subsidized small and medium-displacement cars, the sales volume of the company's main product, automotive brakes, has increased substantially this year. In the first half of the year, it achieved operating income of 576 million, a year-on-year increase of 16.7%, and a net profit attributable to the parent company of 37.53 million yuan, a year-on-year increase of 22.2%.
It is understood that in the context of the sustainable development of China's economy, the total auto consumption demand will remain strong for a long period of time. China has become one of the largest automobile producers in the world, and parts with higher technical barriers are in short supply. According to Asia Pacific, the company’s current production capacity of its main products has been fully utilized. The company is limited by its capacity. Previously it abandoned some customer orders. The increase in production capacity brought by the raised capital investment projects will help maintain and expand the share of the Asia-Pacific stock market. Provide space for the expansion of the company's foreign markets.
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Sichuan Jinhe Qihang Co,. Ltd. , https://www.jinhechemicals.com