Specializing In The Development And Manufacture Of Rubber Additives
The main economic indicators of tire companies improved year-on-year
Recently, I learned from the China Rubber Industry Association Tire Branch that in the first two months of this year, the main economic indicators of some domestic tire companies have improved compared with the same period last year, and the total profit has increased significantly year-on-year.
According to the data, from January to February 2016, the 42 key member companies of the branch completed the current-price tire output value of 22.831 billion yuan, a year-on-year decrease of 8.08%; the tire sales revenue was 19.311 billion yuan, a year-on-year decrease of 11.28%.
From the perspective of specific products, from January to February 2016, the comprehensive tire output of these enterprises was 51.4145 million, a year-on-year increase of 0.03%.
Among them, the output of radial tires was 47.2802 million, an increase of 1.49% year-on-year; the output of all-steel radial tires was 11.2374 million, a year-on-year decrease of 4.74%; the meridian rate was 91.96%.
According to statistics, in the first two months of this year, they achieved a profit of 604 million yuan, a year-on-year increase of 67.21%; inventory was 16.573 billion yuan, a year-on-year decrease of 7.57% and a month-on-month increase of 5.3%.
From the perspective of tire exports, from January to February, these 42 companies completed a total of 6.926 billion yuan in export tire delivery value, a year-on-year decrease of 17.31%; the export tire delivery volume was 22.6966 million sets, a year-on-year increase of 5.12%; There were 21.2769 million sets of tires, a year-on-year increase of 5.42%.