Third-quarter Net Profit Rate of Auto Parts Enterprises Ranked by Weifu Gaoke

According to the 2010 third-quarter financial report published by China's 57 listed auto parts companies, it can be found that although the average net interest rate of China's auto parts-listed companies in the third quarter of this year (6.58%) was lower than the same period of last year (7.22%), business Both revenue and net profit have increased compared to the same period of last year.

According to Gasgoo.com's statistics on parts and components listed companies and vehicle manufacturers in the first half of the year, the average net interest rate of parts-listed companies in the first half of this year was 7% higher than that of listed vehicles (5.46%). In the third quarter of this year, the average net profit rate of China's 21 major auto listed companies was only 4.33%, which was 2% lower than that of parts-listed companies.

It can be seen that in the third quarter of this year, the net profit rate of China's auto parts listed companies once again exceeds the total vehicle listed companies.

The highest net profit rates in the third quarter of this year were Weifu Hi-tech, Terjia and Fuyao Glass, with net margins above 20%. Weifu Tech's net interest rate for the same period last year was 16.03%, an increase of about 6 percentage points, which is estimated to be related to the acquisition of related shares of “Wuxi Weifu Automotive Diesel System Co., Ltd.” and “Wuxi Weaver International Co., Ltd.” this year. Due to the good momentum of production and sales of domestic large and medium-sized passengers and trucks, and due to the demand, Tera maintained a relatively stable growth. The increase in auto glass sales has led to the good development of Fuyao Glass.

This quarter's net interest rate is still at the end of China's several major tire listed companies (Huanghai shares, Qingdao Double Star, Shuangqin shares, Aeolus shares), the net interest rate of these companies showed a downward trend compared with the same period last year, the loss situation Further increase.

However, in the third quarter of this year, the share price of the giant wheel shares engaged in tire mold making remained the same as last year, maintaining a relatively stable trend. In the second quarter of this year, the performance of Far East Transmission and Shuanglin's stocks that had just been listed was strong, at 18.30% and 12.94% respectively.