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China engine industry goes smoothly in the first quarter

Date:2016-08-23 18:34:35   Source:未知   Click:

First quarter 2014: China internal combustion engine industry goes smoothly

According to the "internal combustion engine sales monthly report" released by CICEIA, the internal combustion engine sales number of the whole country in March is 5.62 million, fall 1.66% compared to the same period; 1-3 month accumulative total sales number is 14.82 million, fall 0.08% compared to the same period; the total engine power sales number in March is 193.51 million KW, rose 0.10% compared to the same period; 1-3 month accumulative total power sales number is 516.49 miliion KW, rose 7.65% compared to the same period. 2014 internal combustion engine market has declined slightly by last year, but the overall performance still smooth.
 
Enterprises gave mixed results
 
Weichai Power——the first quarter operating income was 16.64 billion yuan, 24.46% year-over-year revenue growth, the net profit of company shareholders is 1.054 billion yuan, rose 29.7% compared to the same period. Weichai engine sales volume year-on-year growth of 16.6%, among them, truck sales completion rate of 114%, the ship machine sales completion rate of 108%. Compared with the same industry, Weichai had market share significantly improve in segment market and target market of heavy truck, Large and medium-sized passenger cars, 30 loaders, ships and power generation facilities and other markets. Weichai trend in the first quarter of this year is stable, continue to maintain industry leadership
 
Quanchai engine——the first quarter performance was very impressive, although the business income is 0.894 billion yuan and year-on-year growth of only 2.38%, the net profit of company shareholders is 21.376 million yuan, rose 173.63% compared to the same period, absolutely an enviable growth. It also has a relationship with industry background that multi cylinder diesel engine is popular in the market in first quarter this year, and the overall trend of internal combustion engine industry goes up from the second half of last year.
 
Yunnei power——the first quarter operating income was 0.671 billion yuan, 1.76% year-over-year revenue growth, the net profit of company shareholders is 62.784 million yuan, rose 21.96% compared to the same period. According to the quarterly reports, Yunnei power has been basically get rid of the relative downturn, embarked on a healthy path of development.
 
Jianghuai engine——the first quarter performance was inferior to others above, the operating income was 0.585 billion yuan, drop compared to the same period 28.35%, the net profit is 20.629 million yuan, drop compared to the same period 38.44%.
 
Shanghai Diesel Engine also slipped with their net profit, operating income of the first quarter was 0.799 billion yuan, the net profit drop compared to the same period 17.15%, with the number of 67.833 million.
 
The whole industry goes smoothly
 
1~3 month multi cylinder diesel engine enterprises accumulative total sales volume was 1.35 million, rose 5.89% compared to the same period. Weichai, Yuchai, Quanchai, Wuxi Diesel, Yunnei power, Jiangling Motors, HuaYuan LaiDong, Changchai, Dongfeng Cummins all have good sales, accounted for 68.66% of the total sales. Most of the enterprises sales had year-on-year growth, among them, Jiangxi Isuzu, Fortin Cummings, Dongshan Engine, Hi-tech power, HuaFeng power had biegger amplification, cumulative year-on-year growth rate are 136.42%、63.38%、58.89%、48.95%、47.47%. Multi cylinder diesel engines are mainly matching in the fields of commercial vehicles, agricultural machinery and engineering machinery.
 
1~3 month multi cylinder gasoline engine enterprises accumulative total sales volume was 4.43 million, rose 9.00% compared to the same period. Multi cylinder gasoline engines are mainly matching in the fields of the passenger cars field, was boosted by automobile sales growth, amplification is far above industry average level, the sales volumes of FAW Volkswagen, SAIC GM Wuling, Shanghai Volkswagen powertrain, Shanghai GM Dongyue powertrain, Chongqing Changan automobile,  Beijing Hyundai, Dongfeng Peugeot Citroen Automobile, aerospace Mitsubishi, Dongfeng Nissan, Liuzhou Wuling are in the front row.