MARKLINES GEN-AI
Ask Gen-AI a question.
For example:

Does Detroit 3 have plans to build new plants in Mexico? Include current production volumes.

Analyze sales volumes of Chinese OEMs in European countries.

Summarize export volumes from Mexico to global markets over the past 12 months and analyze the trends.

Create a comparison table of e-axle technologies from BYD, Huawei, Inovance, and Nidec.

Summarize the latest developments among automotive camera suppliers.

Summarize market shares and development trends of major Tier 1 Electric Power Steering suppliers.

What are the latest trends of major OEMs regarding in-house battery production?

List new headlight technologies seen at recent trade shows, for each exhibiting company.

Research the share of ultra-high-strength steel used in vehicle bodies.

What new materials are being used as a result of vehicle electrification?

In the cathode material market, who are the major suppliers, their market shares, and supply chains?

As a battery manufacturer, which companies should we target for sales?

Analyze the businesses and challenges of potential customers for instrument panel switches, and recommend tailored value propositions and sales approaches for each company.

We want to sell LCDs for HUDs; please provide contact information of Japanese HUD suppliers.

List Hyundai's vehicle platforms along with the vehicle models that utilize them.

We’re looking to source magnesium die-cast components in Mexico. Which suppliers offer competitive pricing?

Who should we approach at Yazaki Corporation and Sumitomo Wiring Systems to sell high-voltage harness connectors?

Compare the features and sales trends of the Toyota bZ3X and bZ4X, the Nissan N7, and the Honda e:N series.

Compare the new car development cycles in Japan and China.

What new materials are being used as a result of vehicle electrification?

Which departments in Toyota are appropriate to promote ADAS camera with new functions?

User Guide
error
CONTENTS
SERVICE
About the Information Platform
ENGLISH
error
  1. Home
  2. Supplier Database
  3. Major Suppliers
  4. Changchun Faway Automobile Components Co., Ltd.
  5. Changchun Faway Automobile Components Co., Ltd. Business Report FY ended 2013

Changchun Faway Automobile Components Co., Ltd. Business Report FY ended Dec. 2013

Business Highlights

Financial Overview

(million yuan)
  FY ended Dec. 31, 2013 FY ended Dec. 31, 2012 Rate of Change (%) Factors
Sales 9,472.49 7,676.36 23.40%

-A slight increase in sales compared with last year

-Market share is relatively stable
Operating profit 446.00 462.66 (3.60%) -Material price increased.
-Parts price reduced.
-Supply to OEMS decreased.
Ordinary profit 448.67 466.93 (3.91%)
Net profit 416.68 450.58 (7.52%)

Business Plan for Next Year

-In 2014, the Company plans to reach CNY 11.01 billion sales.

R&D

R&D facilities

Name Company
Wheel R&D Center Changchun Faway Automobile Components Co., Ltd. Wheel Company
Faway-Johnson Technical Center Changchun Faway-Johnson Controls Automotive Systems Co., Ltd.

-In 2013, the Company’s R&D expenditure was CNY 75.59 million, 0.80% of the Company’s revenue.

-Faway-Johnson Technical Center is the Company’s provincial-level technology center.

-The technical centers have strengthened their development in the field of automotive exteriors and have the ability to simultaneously design 3 sets of bumpers.

-Changchun Faway Johnson Controls Automotive Electronics Co., Ltd. has the ability to research and develop software and hardware.

Investment Activities

Investment activity in 2013

 （in million yuan）
Project Planned amount of investment Amount invested in 2013  Status
Plant construction in Chengdu 75.60 53.34 The main body has been complet.
Project in Foshan 184.94 105.26 Equipment debugging phase
Production equipment for Audi A3 31.63 16.66 The device is still in installation.
Project of D003 product mould of Huayisheng 12.44 0.39 Debugging phase
Project of B50G product mould of Shenzhen Huayisheng 5.04 5.04 Debugging phase
Production capacity upgrading project 49.98 21.03 The main body is not completed, and it is expected to be completed in June2014.

MarkLines Customer Support

9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
japan Japan
Roppongi, Minato-ku, Tokyo, Japan
+81-3-4241-3907
USA USA
Novi, Michigan, USA
+1-248-327-6987
MEX Mexico
León Guanajuato, Mexico
+52-477-796-0560
DEU Germany
Frankfurt am Main, Germany
+49-69–904-3870-0
CHN China (Shanghai)
Huangpu District, Shanghai, China
+86-21-6212-6562
infoshanghai@marklines.com
CHN China (Shenzhen)
Nanshan District, Shenzhen, Guangdong
+86-755-2267-1725
THA Thailand
Klongtoey, Bangkok, Thailand
+66-2-665-2840
IND India
Gurgaon, Haryana, India
+91-124-4048779