In April 2017, the ministry of industry and information technology, the national development and reform commission and ministry of science and technology jointly issued by the auto industry long-term development plan, plan to 2020, the formation of a number of more than 100 billion yuan auto parts enterprise group, the key core areas with strong international competitive advantage; By 2025, several companies will be formed into the world's top 10 auto parts companies. In this context, the auto parts industry has maintained a high growth rate in the first half of 2017, with the gross profit rate, net interest rate and ROE rising steadily. Future import substitution space larger advantage of downstream components, such as lamp, gearbox and other enterprises with high added value and high profit ability, the technology, under the premise of customer breakthrough, is expected to maintain high growth for a long time.
Industry generally in operating income growth and attributable to the parent company net profit growth of two indicators to measure the auto industry the company's performance division, the growth is located in the range 0 ~ 30% belong to the steady growth, belong to high growth range 30% ~ 50%, 50% ~ 100% belong to high growth range. According to statistics, the proportion of enterprises with annual revenue growth in the whole industry in 2016 is 60.96% in the moderate growth range of 0-30%. The proportion of enterprises with net profit growth rate of steady growth of 0-30% is 34.25%. In 2016 than in 2015 revenue side improve mainly embodied in two aspects, one is the company revenue decline range greatly positive, growth companies fell by 25.27% - 30% ~ 0 interval, the second is 0 ~ 30% and 30% ~ 50% growth interval distribution by the number of companies accounted for significantly increased 8.13% and 14.81%, respectively. Female net profit growth, 2016-2016 annual average greatly improved, but compared with 2016 revenue growth interval distribution, can be roughly judgment for revenue growth of the company, most of the companies owned by female net profit growth is slightly behind the revenue growth.