Overall Operation Conditions

According to the statistics of China Rubber Industry Association (CRIA) on 387 key member enterprises under 11 branches respectively engaged in tires, cycle tires, rubber hoses & rubber belts, rubber products, rubber shoes, latexes, carbon black, comprehensive utilization of waste rubber, rubber machinery moulds, rubber chemicals and framework materials, in the first three quarters of 2018, the realized gross industrial output value at current price was 268.754 Billion Yuan with a year-on-year (the same below) increase of 6.46%; the realized sales revenue was 266.266 Billion Yuan with an increase of 6.70%; the realized export delivery value was 83.209 Billion Yuan with an increase of 7.14%; and the export rate (value) was 30.96% with an increase of 0.19%; the realized profit and tax was 18.33 Billion Yuan, with an increase of 22.04%; the realized profit was 12.438 Billion Yuan, with an increase of 33.49%; and the profit rate of sales revenue was 5.83%, with an increase of 1.14%. There were 44 enterprises with deficits, decreased by 4.35% and the deficit was 1.51 Billion Yuan, increased by 8.81%.The finished product inventory amount was 30.312 Billion Yuan, with an increase of 4.89%.

Fig. 1: Comparison of growth of main indicators of rubber industry in the first three quarters

Fig. 2: Growth trend of the indicators of output value, export delivery value and sales revenue in the first three quarters

Fig. 3: Growth trend of the indicators of profit rate of sales revenue in the first three quarters

See Fig. 1 for comparison of growth of main indicators of rubber industry in the first three quarters, Fig. 2 for growth trend of the indicators of output value, export delivery value and sales revenue in the first three quarters, and Fig. 3 for growth trend of the indicators of profit rate of sales revenue in the first three quarters.

Comment on Key Points

Growth of output value narrowed