DALIAN CHINA DALIAN CHINA
The Industry Sector in Jinpu New Area is Seeing a Surplus.
2018-05-10

The growing business income and profit helps to decrease the asset-liability ratio.

 

With the continuous release of the dividends from the development and construction of national new areas and free trade zones, the industrial sector in the new district is seeing a promising development. In the first quarter, many industrial enterprises achieved high-speed growth in their main business income and total profits, and the asset-liability ratio declined year on year, so the New District industries were happy to meet the " surplus".

 

The main business income is increasing step by step.

 

DONGFENG DIE&STAMPING TECHNOLOGIES CO., LTD is a private enterprise that designs, develops and manufactures automobile welding parts and assembly parts. Its sales volume reached 60 million yuan when it was founded in 2016, and it is estimated that the sales volume can reach 140 million yuan this year. According to the introduction of Zhou Bin, deputy general manager of the enterprise, the company mainly provides the Dongfeng Nissan Dalian branch with body-in-white metal structural parts, which supports Qashqai, X-TRAIL, INFINITI, etc. A few days ago, DONGFENG DIE&STAMPING got a production line from Dongfeng Nissan, and the estimated sales after delivery will surpass 400 million yuan.

 

Just like DONGFENG DIE&STAMPING TECHNOLOGIES CO., LTD, the main business income of many enterprises in the new area is climbing step by step. In the first quarter, 732 regular industrial enterprises achieved a total of 75.18 billion yuan in main business income, an increase of 11.23 billion yuan compared with the same period last year, an increase of 17.6 %, which coincided with the growth rate of industrial output value.

 

It seems that 25 out of 33 major industries are growing in the New Area. The industry with the largest increase is agricultural and sideline food processing industry, with 53 enterprises realizing main business income of 6.5 billion yuan, an increase of 3.16 billion yuan compared with the same period last year, an increase of 94.4 %, accounting for 28 % of the growth rate in the whole region.

 

The total profit has increased steadily.

 

ZYBODY CO., LTD, a Sino-foreign joint venture, has now formed the research & development capacity of annual 10 new body-in-white cars trial production and the mass production supporting capacity of stamping and welding assemblies with an annual output of 200,000 auto body-in-white core components. In recent years, more middle-grade and high-grade automobiles such as Volkswagen, Honda, Toyota and BMW are engaged in the production of related accessories, and the demand of enterprise orders is in short supply, and the profits are increasing.

 

With the continuous improvement of the profitability of enterprises in the New Area, in the first quarter, the total profit of regulated industries reached 9.33 billion yuan, an increase of 39.1 % compared with the same period last year, showing a high-speed growth trend.

 

The increase was larger in computer, communication and other electronic equipment manufacturing, pharmaceutical manufacturing and automobile manufacturing. The total profits of 109 enterprises in these three industries reached 6.56 billion yuan, accounting for 70 % of the total industrial profits in the whole region. Compared with the same period last year, the total profits increased by 2.84 billion yuan, an increase of 76.3 %, which directly drove the industrial profits in the whole region to increase by 42.3 percentage points, and contributed 108.7 % to the growth of industrial profits in the whole region.

 

Asset-liability ratio has decreased in succession

 

In the first quarter of this year, the asset-liability ratio of petroleum processing industry, which accounts for a larger proportion of industrial production in the New Area, showed a sharp decline, from 126.4 % last year to 112.8 %, down by 13.6 percentage points. The asset-liability ratio of chemical fiber manufacturing industry also declined dramatically, by 16.8 percentage points compared with the same period last year. In 33 industries, the asset-liability ratio of 19 industries showed a downward trend.

 

Statistics show that at the end of the first quarter, the assets of industrial enterprises in the New Area totaled 313.26 billion yuan, up 12.9 % from the same period last year. The total debt is 173.14 billion yuan, the asset-liability ratio is 55.3 %, and the asset-liability ratio decreased by 1.4 percentage points compared with the same period last year.