In June, the industrial chain was basically recovered with the epidemic under control including the industry of China’s motorcycle. The production and sales increased for two consecutive months. Despite of the year-on-year decrease, the decreasing amplitude narrowed month by month. The 125cc motorcycles, recreational motorcycles with a displacement of 250cc and above took the lead in ending the downward trend, and resumed growth year-on-year and month-on-month. Recreational motorcycles with a displacement of more than 250cc continued the trend of rapid growth last year, with a cumulative increase of about 50% in the first half of the year. In the second half of the year, with the improvement of the domestic economic situation and the recovery of domestic demand, the industry is expected to resume growth.

Production & sales

In June, Chinese motorcycle industry completed the production and sales of 2,007,500 units and 2,040,500 units, with a month-on-month increase of 8.89% and 9.53%, and a year-on-year decrease of 8.67% and 7.70% . Among them, the production and sales of two-wheeled motorcycles were 1,810,100 units and 1,838,600 units, with a month-on-month increase of 11.29%, and 11.88% and a year-on-year decrease of 9.56% and 8.78%. The production and sales of three-wheeled motorcycles were 197,400 units and 202,000 units, with a month-on-month decrease of 9.13% and 8.1%, and a year-on-year increase of 0.46% and 3.52%. The production and sales of fuel motorcycles were 1,256,500 units and 1,257,900 units with a month-on-month increase of 3.97% and 5.09%, and a year-on-year decrease of 7.45% and 7.14%. The production and sales of electric motorcycles were 751,000 units and 782,600 units with a month-on-month increase 18.25% and 17.49%, and a year-on-year decrease of 10.64% and 8.57%.

 From January to June, the production and sales of Chinese motorcycle industry totaled 10,554,300 units and 10,722,600 units, with a year-on-year decrease of 15.59% and 14.38%, and a decrease of about 2% from the previous month. Among them, the production and sales of two-wheeled motorcycles reached 9.439,200 units and 9,594,500 units, down 16.07% and 14.88% year-on-year. The production and sales of three-wheeled motorcycles were 1,115,200 units and 1,127,800 units, down 11.35% and 9.84% year-on-year. The production and sales of fuel-consuming motorcycles were 6,887,500  units and 6,975,800 units, down 14.56% and 13.84% year-on-year. The production and sales of electric motorcycles were 3,666,900 units and 3,746,700 units, down 17.47% and 15.37% year-on-year .

From January to June, the production and sales of standard bikes were 3,810,500 units and 3,875,800 units, with a year-on-year decrease of 13.82% and 12.17%. The production and sales of scooters were 4,808,800 units and 4,937,400 units, with a year-on-year decrease of 14.83% and 13.15%. The production and sales of cub were  770,700 units and 775,100 units, down 34.5% and 33.88% year-on-year. The sales of standard bikes, scooters and cubs respectively accounted for 40.4%, 51.46% and 8.08% of the total sales of two-wheeled motorcycles.

From January to June, the production and sales of 50cc series reached 278,500 units and 304,400 units, down 38.59% and 30.72%year on year. The production and sales of 110cc series reached 762,700 units and 790,500 units, with a year-on-year increase of 26.27% and 22.6%.The production and sales of 125cc series reached 2,513,600 units and 2,558,000 units, with a year-on-year decrease of 8.6% and 8.55%. The production and sales of 150cc series reached 1,470,400 units and 1,472,200 units, with a year-on-year decrease of 18.1% and 17.93%. The production and sales of 250cc series were 651,300 units and 664,800 units, with a year-on-year growth of 35.84% and 37.71%.

From January to June, the production and sales of three-wheeled motorcycles were 1,114,500 units and 1,127,300 units, with a year-on-year decrease of 9.28% and 8.23%. Among them, the production and sales of general cargo tricycles were 892,500 units and 904,500 units, with a year-on-year decrease of 18.7% and 16.97%.The production and sales of general passenger tricycles were 221,000 units and 221,700 units, with a year-on-year increase of 41.12% and 40.14%.

From January to June, the top ten enterprises (groups) in terms of sales of fuel motorcycles were Dachangjiang, Loncin, Zongshen, Sundiro-Honda, Chongqing D-chamwin, Wuang-Honda, Dayang,  Dayun, Qingqi Suzuki and Tayo. The volume of electric motorcycle sold were 972,200 units, 600,000 units, 491,500 units, 398,200 units, 342,700 units, 336,200 units, 302,600 units, 255,600 units, 211,000 units and 206,700 units respectively.

From January to June, the top ten enterprises (groups) in sales of electric motorcycle were Yadea, Zhejiang Luyuan, Tailg, JIANGSU SUNRA, ZONGSHEN, HUAIHAI, Jinyi, Lovol, Bus New Energy, LONCIN, whose sales were 2,382,000 units, 332,800 units, 315,200 units, 219,500 units, 150,700 units, 81,300 units, 57,300 units, 43,600 units, 39,000 units and 28,400 units respectively.

Export

In June, with the prevention of epidemic in China and various policies took effect for stabilize growth, China’s motorcycle gradually could be exported.The export volume of motorcycles increased significantly month-on-month, and the year-on-year decreasing amplitude narrowed. In the second half of the year, the impact of the epidemic on the industry will be further weakened, and the cost of raw materials will be reduced. Good domestic policy will continue to be implemented, and the demand of enterprises will be met gradually. The exports of China’s motorcycle will be recovered constantly.

In June, the export volume of motorcycles was 702,200 units, a month-on-month increase of 10.01% and a year-on-year decrease of 7.74%, and  the export value of that was 481 million US dollars, a month-on-month increase of 9.89% and a year-on-year decrease of 2.07%. The export volume of two-wheeled motorcycles was 663,400, a month-on-month increase of 10.79% and a year-on-year decrease of 7.2%. The export volume of three-wheeled motorcycles was 38,800 units, a month-on-month decrease of 1.9% and a year-on-year decrease of 16.04%.

From January to June, the total export value of motorcycle manufacturers was 3.52 billion US dollars, a year-on-year increase of 1.43%. The export volume of motorcycles was 3,953,000 units, down 11.37% year-on-year and the export value of that was 2.76 billion US dollars, a year-on-year decrease of 0.21%. The export volume of motorcycle engine was 480,400 units, a year-on-year decrease of 28.69% and the export value of that was 111 million US dollars, a year-on-year increase of 2.26%. The export volume of ATV was 203,700 units, a year-on-year decrease of 17.39%, and the export value of that was 479 million US dollars, a year-on-year increase of 15.63%. The export value of motorcycle part was 169 million US dollars, a year-on-year decrease of 6.57%.

From January to June, the top five series in terms of export volume were 125cc series, 150cc series, 110cc series, 250cc series and 50cc series with exports of 1,417,800 units, 949,700 units, 544,400 units, 428,000 units and 174,400 units respectively. The 125cc series decreased by 3.86% year-on-year. The 150cc series decreased by 15.15% year-on-year. The 110cc series decreased by 20.96%. The 250cc series increased by 4.47%. The 50cc series decreased by 37.09%. From January to June, a total of 3,514,200  units of the above five series were exported, accounting for 94.7% of the total export of motorcycles. 242,000 units of three-wheeled motorcycles were exported, a year-on-year decrease of 11.87%.

From January to June, the top ten enterprises (groups) in terms of volume of exporting motorcycle were Loncin, Dachangjiang, Zongshen, Sundiro Honda, Lifan, Chongqing D-chamwin, Dayun, Haojin, Sanya.The ten companies exported a total of 2,470,200 motorcycles, accounting for 62.49% of the total exports of motorcycle, an increase of about 2% compared with the same period last year.

Economic effectiveness

From January to May, motorcycle manufacturers completed a total industrial output value of 51.399 billion yuan, a year-on-year increase of 2.10%. The sales value of industry was 51.892 billion yuan, a year-on-year increase of 2.37%. The added value of industry was 7.868 billion yuan, a year-on-year increase of 2.91%.

From January to May, motorcycle manufacturers achieved operating income of 56.450 billion yuan, a year-on-year decrease of 1.39% and got a total profit of 2.674 billion yuan, a year-on-year increase of 47.55%. The total profit and tax were 4.175 billion yuan, a year-on-year increase of 58.75%.

From January to May, the operating cost of motorcycle manufacturers was 49.161 billion yuan, a year-on-year increase of 0.12%. Taxes and surcharges were 478 million yuan, a year-on-year increase of 21.61%. The marketing expenses were 1.612 billion yuan, a year-on-year decrease of 15.99%. The expenses of management were 2.251 billion yuan, a year-on-year increase of 15.99%, an increase of 1.74%. The R&D expenses were 1.568 billion yuan, a year-on-year increase of 9.97%. Financial expenses were -287 million yuan, a year-on-year decrease of 203.81%. The four expenses were 5.144 billion yuan totally, a year-on-year decrease of 11.81%.

At the end of May, the notes receivable and accounts receivable of motorcycle manufacturers were 20.531 billion yuan, a year-on-year increase of 17.19%. The inventory of finished products was 5.123 billion yuan, a year-on-year increase of 10.34%. The two types of payments amounted to 25.654 billion yuan, accounting for 22.16% of the total current assets, an increase of 0.3% year-on-year.

Sources from Wechat: MEGA CHINAMOTOR