market research report : tire market in china 2014 - sample
DESCRIPTION
For the complete report, get in touch with us at: [email protected] Abstract : Netscribes’ latest market research report titled Tire Market in China 2014 describes the dynamics of tire production and sales in China. Tires can be pneumatic, semi pneumatic, retreaded, solid or of cushion type based on manufacturing process. Based on structure, they can be either bias ply or radial. Radial tires help to reduce costs, and China has the world’s largest truck and bus radial market in terms of production capacity. China has huge export demand for its tires, and US is the largest customer of Chinese tire exports. Growth in overseas markets is facilitated by the fact that China-made tires provide dealers with a better margin and profit than the tires produced by global majors. Demand for China tire is driven by huge growth in automobile sales, with tire manufacturers in China capitalizing on the opportunities provided by original equipment manufacturers as well as replacement demand of tires. Challenges faced by the tire industry in China include trade restrictions in overseas markets, competition from foreign players in the domestic market and volatile prices of raw materials. Government of China has laid down several standards for production of tires, which should help domestically produced tires to compete in foreign markets. Though retreading of tires is hardly practised in China, it is an upcoming trend in the tire industry along with players’ focus on radial tires, tubeless tires and green tires. Table of Contents : Slide 1: Executive Summary Macroeconomic Indicators Slide 2: Current Account Balance: Annual (2010 – 2015e), Exchange Rate: Half Yearly (Jan 2014 – May 2014) Slide 3: Lending Rate: Annual (2010 – 2013), Trade Balance: Annual (2009 – 2012), FDI: Net Inflow (2009 – 2012) Slide 4: GDP at Current Prices: Annual (2010 – 2015e), Inflation, Average Consumer Prices: Annual (2010 – 2015e) Introduction Slide 5-7: Introduction Market Overview Slide 8-9: Market Overview – Global Slide 10-13: Market Overview – China Import and Export Slide 14-19: Import and Export Drivers and Challenges Slide 20: Drivers and Challenges – Summary Slide 21-25: Drivers Slide 26-28: Challenges Government Initiatives Slide 29-36: Government Initiatives Trends Slide 37: Trends – Summary Slide 38-41: Trends Competitive Landscape Slide 42: Porter’s Five Forces Analysis Slide 43-47: Competitive Benchmarking Slide 48-67: Major Public Players Slide 68-76: Major Private Players Market Opportunities Slide 77-78: Market Opportunities Strategic Recommendations Slide 79-80: Recommendations Appendix Slide 81: Key Ratios Description Slide 82: Sources of InformationTRANSCRIPT
Tire Market – China
December 2014
2
Executive Summary
Market Overview
Drivers and Challenges
Competitive Landscape
Drivers:
Increase in Automobile Sales
Replacement Demand
Scope in Radialization
Export Demand
Availability of Low-cost Skilled Labour
Improvement in China’s Road Network
Challenges:
Barriers to Trade
Surging Costs of Raw Materials
Competition from Foreign Players
In 20--, domestic tire production in China reached x1 mn units
Chinese tire market is represented by more than x2 tire manufacturing enterprises, which contributed to nearly x3% of the global revenue from sales in 20--
The market is dominated by passenger car tires, and possesses significant capacity to produce truck tires
Chinese tires are highly in demand in overseas markets, creating strong export potential
TIRE MARKET IN CHINA 2014.PPT
Major Players
Player A Player B Player C
Player D Player E Player F
3
•Macroeconomic Indicators
•Introduction
•Market Overview
•Import and Export
•Drivers and Challenges
•Government Initiatives
•Trends
•Competitive Landscape
•Market Opportunities
•Strategic Recommendations
•Appendix
TIRE MARKET IN CHINA 2014.PPT
4
Market Overview – China (1/4)
• Domestic tire production in China reached x1 mn in 20--
It is expected to reach nearly x2 mn in 20--, growing at a CAGR of x3% between 20-- and 20--
• Tire production is concentrated along the east coast regions of China, with Shandong, Jiangsu and Zhejiang
accounting for nearly two-third of the entire output volume in the country
• Chinese tire makers are expected to put more emphasis on brand development as well as focus on exports to
support domestic production
Chinese tires are characterized by their low price, but players are now focused on improving their brand image
TIRE MARKET IN CHINA 2014.PPT
Tire Market – Size and Growth (Volume)
n1 n2
n3 n4
n5 n6
0
100
200
300
400
500
20-- 20-- 20-- 20-- 20-- 20--
units
p1
5
Drivers
Increase in Automobile Sales
Replacement Demand
Scope in Radialization
Export Demand
Availability of Low-cost Skilled Labour
Improvement in China’s Road Network
Challenges
Barriers to Trade
Surging Costs of Raw Materials
Competition from Foreign Players
Drivers and Challenges – Summary
TIRE MARKET IN CHINA 2014.PPT
6 TIRE MARKET IN CHINA 2014.PPT
Government Initiatives (-/-)
• Text
Radialization Target
Government Policies and Regulations
• Text • Text • Text
Permit Restriction
• Text
• Text
– Text
– Text
Advantage
Disadvantage
Impact on Global Players
SAMPLE
7 TIRE MARKET IN CHINA 2014.PPT
`
Emergence of Tubeless Tire
Focus on Upscale Models
Retreading of Tires Key Trends
Advent of Green Tires
Players Focusing on Radial Tires
Trends – Summary
8 TIRE MARKET IN CHINA 2014.PPT
Key People
Name Designation
Person A MD, CEO
Person B. Director
Person C Director
Person D Director
Products and Services
Company Information
Corporate Address
Company A, Street A
City B
State C
Tel No. 91 124 7239
Fax No. 91 124 4734111
Website www.company.co.in
Year of Incorporation 1767
Ticker Symbol 123456
Stock Exchange ABC
Category Products/Services
Tires
• Off-the-road tires
• Truck and bus radials
• Passenger car radial tires
• Tires for use in the military
• Tires for use in agriculture
• Tires for use in forestry
Offices and Centres – China
Headquarter
SAMPLE Public: Domestic Company – Company A (1/4)
9 TIRE MARKET IN CHINA 2014.PPT
SAMPLE Financial Snapshot Key Ratios
Financial Summary
Key Financial Performance Indicators
Indicators Value (dd/mm/yyyy) Market Capitalization (USD mn) u
Total Enterprise Value (USD mn)
v
EPS (USD) w
PE Ratio (Absolute) x
Particulars y-o-y change
(2013-12) 2013 2012 2011 2010
Profitability Ratios Operating Margin
Net Margin
Profit Before Tax Margin
Return on Equity
Return on Capital Employed
Return on Working Capital
Return on Assets
Return on Fixed Assets
Cost Ratios Operating costs (% of Sales)
Administration costs (% of Sales)
Interest costs (% of Sales)
Liquidity Ratios Current Ratio
Cash Ratio
Leverage Ratios Debt to Equity Ratio
Debt to Capital Ratio
Interest Coverage Ratio
Efficiency Ratios Fixed Asset Turnover
Asset Turnover
Current Asset Turnover
Working Capital Turnover
Capital Employed Turnover
Public: Domestic Company – Company A (2/4)
Improved Decline
Net Profit/Loss Total Income
0
5,000
10,000
15,000
20,000
-1,000
-500
0
500a
R1
USD units USD units
20--
d
R4
20--
c
R3
20--
b
R2
20--
The company incurred a net loss of USD d units in FY 20--, as compared to net loss of USD c units in FY 20-- The company reported total income of USD R4 units in FY 20--, registering an increase of m% over FY 20-- The company earned an operating margin of f% in FY 20--, an increase of g percentage points over FY 20-- The company reported debt to equity ratio of d in FY 20--, a decrease of h% over FY 20--
10 TIRE MARKET IN CHINA 2014.PPT
SAMPLE Key Business Segments Key Geographic Segments
Business Highlights
Public: Domestic Company – Company A (3/4)
0%
50%
100%
20--
Y4
X4
20--
Y3
X3
20--
Y2
X2
20--
Y1
X1 100%
50%
0%
20--
c4
a4 b4
20--
c3
a3 b3
20--
c2
a2 b2
20--
c1
a1 b1
N M L B A
Description News
Overview • Founded in 1965, Company A is located in Jiaozuo and has a total space of p1 sq. m for manufacturing
and research and development
• Company A ranks x1 among the top x2 global ranking tires
Products • Main products of the brand consist of Henan brand, Company A brand off-the-road tire, radial off-the-
road tire, truck and bus radial tire, light truck radial tire, truck and bus bias tire, military tire, among others
Recognition • Over the years, Company A has received multiple industry certifications and recognitions including ISO
9002, ISO 14001, CCC certification (China tire production compulsory certification), ISO /TS16949, among others
11 TIRE MARKET IN CHINA 2014.PPT
SAMPLE
T O
W S
Public: Domestic Company – Company A (4/4)
12 TIRE MARKET IN CHINA 2014.PPT
Recommendation 1
• Text
• Text
• Text
Recommendation 2
• Text
• Text
Strategic Recommendations (-/-)
• Focus on specific 1 due to high profitability from specific 2
SAMPLE
13
Thank you for the attention
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TIRE MARKET IN CHINA 2014.PPT