Overall Operation Conditions

In the first quarter, the realized total industrial output value at current price of the whole industry was 85.5 Bil-lion Yuan with a year-on-year (the same below) increase of 0.44%, which decreased by 8.31 percentage points; the realized sales revenue was 85.916 Billion Yuan with an increase of 2.39%, which decreased by 4.78 percentage points; the realized export delivery value had an increase of 2.67%, which decreased by 8.90 percentage points; and the export rate (value) was 30.26%, which increased by 0.08 percentage points; the realized profit and tax had an increase of 9.73%; the realized profit had an increase of 22.52%; and the profit rate of sales revenue was 5.61%, which increased by 0.88 percentage points. There were 60 enterprises with deficits, increased by 9.09% and the deficit decreased by 2.62%; the manufactured inventory amount had an increase of 1.32%.
See Fig. 1 for comparison of growth of main indicators of China’s rubber industry in the first quarter, Fig. 2 for growth trend of the indicators, output value and export delivery value, and Fig. 3 for growth trend of the indicators, sales revenue and profit.

Fig. 1: Comparison of Growth of Main Indicators of Rubber Industry in the First Quarter

Fig. 2: Growth Trend of The Indicators of Output Value and Export Delivery Value in the First Quarter

Fig. 3: Growth Trend of The Indicators of Sales Revenue and Profit in the First Quarter

Comments on Key Points

The output value realized slight growth

Among the specific industries, six specific industries, tires, rubber products, latexes, rubber machinery moulds, comprehensive utilization of waste rubber and framework materials, realized positive growth, and the rest industries had negative growth. Among specific industries realizing positive growth, the specific industries, tires, latexes and comprehensive utilization of waste rubber, had a growth stronger than that in the same period of last year. Among specific industries realizing negative growth, rubber shoes specific industry had negative growth in the same period of last year. See Fig. 4 for growth conditions of total industrial output value of each specific industry in the first quarter.

Fig. 4: Growth Conditions of Total Industrial Output Value of Each Specific Industry in the First Quarter

The sales revenue realized slight growth

Among the specific industries, seven specific industries, tires, cycle tires, rubber products, rubber shoes, latexes, rubber machinery moulds and comprehensive utilization of waste rubber, realized positive growth, and the rest industries had negative growth. Among specific industries realizing positive growth, specific industries, tires and rubber shoes, had negative growth in the same period of last year, and the growth of latexes specific industry was higher than that in the same period of last year. Specific industries realizing negative growth had positive growth in the same period of last year. See Fig. 5 for growth conditions of sales revenue of each specific industry in the first quarter. 

Fig. 5: Growth Conditions of Sales Revenue of Each Specific Industry in the First Quarter

Export delivery value kept growth

Among the specific industries, the specific industries, carbon black, comprehensive utilization of waste rubber and rubber chemicals, all realized positive growth in the same period of last year and had a decline in this period. Among specific industries realizing positive growth, rubber shoes industry reversed the declining trend of last year to realize positive growth; and the specific industries, cycle tires, latexes and rubber machinery moulds, had a growth stronger than that in the same period of last year. See Fig. 6 for growth conditions of export delivery value of each industry in the first quarter.

Fig. 6: Growth Conditions of Export Delivery Value of Each Specific Industry in the First Quarter

Conditions of Specific Industries

Tires

For 41 key member enterprises, in the first quarter, the realized total industrial output value at current price increased by 4.53% and the realized sales revenue increased by 5.76%. The output of integrative casing increased by 2.13%, in which the output of radial tires increased by 2.72% and the output of all-steel radial tires increased by 1.72%. The radial rate was 94.45% with a growth of 0.54 percentage points. The realized export delivery value increased by 4.54%, and the export rate (value) was 35.86%, with a decrease of 0.42 percentage points. The export tire delivery volume increased by 6.27%; and the export rate (volume) was 48.99%, with an increase of 1.91 percentage points. The realized profit and tax of 36 enterprises increased by 35.24%, the realized profit increased by 88.98% and the profit rate of the sales revenue was 3.95%, which increased by 1.73 percentage points. There were 10 enterprises with deficits, and the deficit decreased by 50.38%. And the manufactured inventory amount had an increase of 2.51%. See Fig. 7 for comparison of growth of main indicators of tires specific industry in the first quarter.

Fig. 7: Comparison of Growth of Main Indicators of Tires Specific Industry in the First Quarter

Cycle Tires

For 29 key enterprises, in the first quarter, the realized total industrial output value at current price decreased by 0.14% and the realized sales revenue increased by 5.07%. Growth rate of output of the leading products: the output of bicycle casing decreased by 12.52%, the output of electric bicycle casing decreased by 2.89% and the output of motorcycle casing increased by 3.26%. The realized export delivery value increased by 8.32%, and the export rate (value) reached 25.78%, which increased by 0.77 percentage points. The realized profit and tax declined by 2.24%, the realized profit declined by 2.08% and the profit rate of the sales revenue reduced by 0.14 percentage points. There was no enterprise with deficits in current period. And the manufactured inventory amount had an increase of 6.66%. See Fig. 8 for comparison of growth of main indicators of cycle tires specific industry in the first quarter.

Fig. 8: Comparison of Growth of Main Indicators of Cycle Tires Specific Industry in the First Quarter

Rubber Hoses & Rubber Belts

For 52 key enterprises, in the first quarter, the realized total industrial output value at current price decreased by 0.97%, and the realized sales revenue decreased by 0.2%. Growth rate of output of the leading products: the output of conveyor belt decreased by 0.67%, the output of V belt decreased by 7.66%, and the output of rubber hose increased by 8.18%. The realized export delivery value increased by 2.37%, and the export rate (value) reached 11.91%, which increased by 0.3 percentage points. The realized profit and tax increased by 18.83%, the realized profit increased by 22.10% and the profit rate of the sales revenue was 9.41%, which increased by 1.72 percentage points. There were 8 enter-prises with deficits, and the deficit was 27.63 Million Yuan. And the manufactured inventory amount had a decrease of 15.35%. See Fig. 9 for comparison of growth of main indicators of rubber hoses & rubber belts specific industry in the first quarter.