Economic data for engine assembly industry

Product name Item 2017 2016
Engine
Industry scale Year-end total asset (million CNY) 200,735.01 191,170.70
Total production (million units / million pieces / million sets) 26.27 25.15
Main operating income (million CNY) 222,590.25 213,276.30
Economic effect Gross profit (million CNY) 28,273.39 27,397.62
Current income before income taxes (million CNY) 34,748.19 34,362.73
Debt to asset ratio (%) 52.63 48.58
Research and development Total number of people in R&D 23,310 22,920
R&D Expenditures as percentage of GDP (%)  3.59 3.57
Total number of patent acquisitions 32,057 35,932
Gasoline engine
Industry scale Year-end total asset (million CNY) 161,971.51  152,771.96 
Total production (million units / million pieces / million sets) 22.70  22.17 
Main operating income (million CNY) 188,732.62  180,938.52 
Economic effect Gross profit (million CNY) 24,492.54  23,992.45 
Current income before income taxes (million CNY) 30,231.75  30,038.17 
Debt to asset ratio (%) 48.41  47.52 
Research and development Total number of people in R&D 12,737  12,560 
R&D Expenditures as percentage of GDP (%)  3.52  3.48 
Total number of patent acquisitions 24,264  24,196 
Diesel
engine
Industry scale Year-end total asset (million CNY) 38,763.50 37,398.74
Total production (million units / million pieces / million sets) 3.57 2.98
Main operating income (million CNY) 33,857.63 32,337.78
Economic effect Gross profit (million CNY) 3,780.75 3,405.17
Current income before income taxes (million CNY) 4,516.44 4,324.56
Debt to asset ratio (%) 56.85 52.92
Research and development Total number of people in R&D 10,573 10,360
R&D Expenditures as percentage of GDP (%)  4.03 4.06
Total number of patent acquisitions 7,793 11,736

Source : China Automotive Industry Yearbook