Economic Development Status Analysis

As of October 30, 2025, the Ministry of Industry Statistics has received statistics on 56 appliance manufacturing enterprises across the country. National Bureau of Statistics gave an data as per motor economic development status: In the first three quarters of 2025, motor companies above the scale achieved a year-on-year increase in operating income of 19.6% and a year-on-year increase in total profits of 22.8%; 15.4 percentage points and 12.5 percentage points higher than the small and medium-sized motor industry, respectively.

According to the statistics of the branch, most economic indicators have increased year-on-year as per motor economic development status: industry production and sales are generally stable, and the production and sales of general alternators (including wind power) have increased significantly; total industry profits and cost profit margins have increased year-on-year; exports have picked up, and production and sales have increased year-on-year; inventory at the end of the period and accounts receivable and payable have increased year-on-year; the average purchase unit price structure of major raw materials at the end of the period is differentiated, year-on-year increase and decrease; the industry's comprehensive economic efficiency index has increased year-on-year.

1. The industry's production and sales are generally stable, and the production and sales of general alternators (including wind power) have increased significantly.

2. Total industry profits and cost profit margins increased year-on-year.

3. Exports have picked up, and production and sales have increased year-on-year.

4. Year-on-year growth in inventory and accounts receivable and payable at the end of the period

5. The structure of the average purchase unit price of major raw materials at the end of the period is differentiated, with year-on-year increases and decreases: at the end of the third quarter of 2025, the average purchase unit price of electromagnetic wires and aluminum ingots hit a new high in the past five years.

6. The industry's comprehensive economic efficiency index has increased significantly year-on-year. The comprehensive economic efficiency index for the current period was 271.0, an increase of 12 percentage points year-on-year.

As per motor economic development status, The industry's total asset contribution rate increased by 0.3 percentage points, the asset preservation and appreciation rate increased by 1.6 percentage points, the industry's cost and expense profit margin increased by 0.3 percentage points, and the labor productivity of all employees increased by 16,944 yuan/person; the industry's product sales rate decreased by 1.1 percentage points, and the industry's asset-liability ratio decreased by 2.9 percentage points; the industry's liquidity turnover rate was flat. In the current period, 32 companies in the comprehensive economic efficiency index increased year-on-year, accounting for 57.1%; there were 22 companies above the average value, of which 16 companies increased year-on-year, accounting for 72.7%, and the economic operation status of industry enterprises has improved. The output value (current price), sales revenue, sales volume, refunds, profits and other scale indicators of Simo Motor, as well as the comprehensive economic efficiency index, have all improved in the ranking of companies in the industry.

 

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