The world’s leading auto parts companies saw the first quarter’s financial report boring!

The first quarter of 2017 has quietly passed. The major auto parts companies in the world have also released their financial revenues for the first quarter of 2017. Xiaobian here counts the revenues of the major global parts and components companies in the first quarter of the year. For reference (in no particular order, continuously updated).

Denso - Fiscal revenue reached $40.4 billion

According to official data released by Denso, as of March 31, Denso’s fiscal year 2017 consolidated fiscal revenue reached US$40.4 billion, an increase of 0.1% over the same period of last year. The consolidated operating profit was 2.9 billion U.S. dollars, a year-on-year increase of 4.7%. The consolidated profits of the parent company's shareholders amounted to US$2.3 billion, an increase of 5.5% over the same period of last year.

Mainland - Sales increased by 11.7% year-on-year

In the first quarter of 2017, sales of international auto parts and systems suppliers, tire manufacturers, and industry partners Continental Group rose by 11.7% year-on-year to 11 billion euros (US$12.059 billion). The natural growth rate after the consolidation scope and exchange rate adjustment changes was 9.5%, of which the automotive group's business contributed a lot. The adjusted operating results (adjusted EBIT) rose to around 1.2 billion euros, and the adjusted EBIT margin was 10.7%.

Aisin Seiki - Financial revenue reaches $31.76 billion

In the first quarter, Aisin Seiki’s net income rose 26% to US$1.13 billion, while fiscal revenue rose 9.8% to US$31.76 billion. In addition, its operating profit in the first quarter increased by 19% to US$2.04 billion.

Johnson Controls - Sales of $7.2 billion

According to the financial report released by Johnson Controls International Inc. (January to March 2017 for its second fiscal quarter), according to the United States General Accounting Standards (GAAP), driven by non-cash taxes and other special items, Earnings per share from continuing operations for the quarter were $0.16; adjusted earnings per share were $0.50, up 11% year-on-year.

According to the company’s financial report, its sales amounted to US$7.2 billion, a slight increase from the same period of last year, and natural sales increased by 3%, largely due to negative impacts such as foreign exchange translation, net acquisition and divestiture. . Johnson Controls' EBIT was US$509 million, EBIT was 7.0%, and adjusted EBIT was US$7.11 billion, an increase of 5% from the same period of last year (if the foreign exchange and cost increase were excluded, the increase was 7%), EBITDA increased by 20 benchmark points, a year-on-year increase of 9.8%.

Lear - Sales of $4.9985 billion

According to Lear’s official data, Lear’s sales and revenues in the first quarter of 2017 both set new records. The sales amounted to US$4.99855 billion, up 7% year-on-year. Excluding the impact of exchange rates, the increase in seat and E&E business reached 9% and 8%, respectively. In the first quarter, Lear’s sales increased by 7% year-on-year to US$4.99855 billion, excluding the effects of foreign exchange rates, which rose by 9% year-on-year, and the business in all regions increased. The increase in sales was mainly due to the increase in new business and production capacity. The growth rate of its two major business departments reached 7%. Excluding the impact of exchange rates, seats and electrical and electronic systems business increased by 9% and 8%, respectively. Lear’s operating income reached US$431.5 million in the first quarter. The seat business module, sales profit margin and adjusted profit margin increased by 20 basic points by 8.3% and 8.5% respectively; the business module of the electrical and electronic systems, profit margin increased by 50 basic points to 14.6%, and adjusted profit margin It increased by 40 percentage points to 14.9%. Earnings per share in the first quarter rose by 32% to $4.35, including tax benefits arising from changes in equity payments. In addition, adjusted earnings per share rose 26% to $4.27. The net cash price for the previous quarter was $278.9 million and free cash flow was $158.1 million.

Mitsubishi Electric - Sales of $37,704 million

Data released by Mitsubishi Electric’s official website shows that Mitsubishi Electric’s sales in the first quarter reached 4.2386 trillion yen (37.740 billion US dollars) in the US economy, the continuous economic expansion, the economic recovery of Japan and Europe, the stable operation of the Chinese economy, and the continued high Yen business environment. USD), which was 4% lower than the same period of last year, including sales of energy and power systems, industrial automation systems, information and communication systems, and electronic equipment systems. In addition, Mitsubishi Electric's consolidated operating revenue in the first quarter fell 10% year-on-year to 270.1 billion yen, while pre-tax profit reached 266.2 billion yen, which was 7% lower than the same period last year.

Delphi - Operating Income of $4.3 Billion

Delphi recently released its fiscal revenue for the first quarter of 2017 on the official website. Its net profit from its continuing operations in the first quarter rose 4.7% to US$335 million, and its earnings per share was US$1.24. Excluding one-time items, Delphi’s first-quarter earnings per share were $1.59. In addition, its first-quarter operating income was US$4.3 billion, up 9% year-on-year, and adjusted operating income was US$537 million, up 5% year-on-year.

Faurecia - Sales rose 10% to $4.631 billion

According to data published by Foggia's official website, in the first quarter of 2017, Faurecia’s sales increased steadily, reaching 9.8%, and its three major business units were very eye-catching. Fagor’s VAT sales in the first quarter increased by 22.5% in China and 12.9% in North America. In the first quarter of the year, Foglia's value-added tax sales rose by 10% to 4.226 billion euros ($4.631 billion), and changes in the exchange rate led to a 1.7% increase in sales, or $66 million; at the same time, due to the transfer of assets at the Fountain Inn factory, This led to a slight decline in sales of 1.5%, or $58 million.

In addition, Folgaria's organic growth rate reached 9.8%, of which joint ventures with Changan and FCA increased by 1.7%.

In Asian markets, Vajpay sales rose by 17.3% in Foglia and rose to 688 million euros. Changes in the exchange rate led to a loss of sales of 100,000 euros. The joint venture with Changan increased sales by 3,800 Euros. Organic growth reached 17.3%. The increase in production of light vehicles in Asia caused Foglia's organic growth in China to reach 22.5%. In addition, Foglia's VAT sales in the Chinese market reached 534 million euros, an increase of 20.4%. The sales volume contributed by local Chinese auto companies to Faurecia increased by 89%, accounting for 17.5% of the total.

Valeo - Sales of $5.2246 billion

According to data released by Valeo's official website, sales in the first quarter of 2017 were 4.767 billion euros (5.224 billion US dollars), up 22% year-on-year. Changes in exchange rates also led to a 2% increase in sales. In addition, changes in the organizational structure of the Group also led to a 7% increase in sales in the first quarter, or 286 million euros. At the end of February 2016, Valeo acquired Peiker and acquired Spheros in March of 2016. On February 1 this year, it announced the acquisition of Ichikoh, which is now included in the first quarter sales.

In the first quarter, sales of original equipment reached 4.171 billion euros, accounting for 88% of total sales; sales of post-market business increased by 8%, accounting for 10% of total sales; sales of other categories increased year-on-year It reached 38%, accounting for 2% of total sales. In the first quarter, the sales of original equipment increased by 13%, and the output of ultra-global automobiles was 8 percentage points. In the first quarter, Valeo's global automotive business performed well, up 8 percentage points, mainly due to the increase in sales of original equipment in all regions.

In the Chinese market, the sales of original equipment climbed by 25%, which exceeded the vehicle production by 18%, mainly due to the continuous expansion of the Chinese customer base. With this growth rate, sales in China are expected to increase over the next four years. Times increase.

BASF - $18.522 billion in sales

In the first quarter of 2017, BASF’s sales reached 16.9 billion euros (18.522 billion U.S. dollars), a year-on-year increase of 19%. BASF’s business units are growing, especially in the chemical sector. In addition, changes in the exchange rate and the acquisition of Kemitel from Albemarle in December last year contributed a lot to sales growth. Earnings before interest and taxes that BASF did not include in special items in the first quarter rose 29% year-on-year to 2.5 billion euros, of which 2 billion euros was contributed by the chemical business.

Cooper Standards - Sales of $902.1 Million

According to data released by Cooper Standard Website, Cooper's standard first quarter 2017 sales reached $902.1 million, an increase of 4.6% year-on-year; and first-quarter net income reached $41.7 million, a year-on-year increase of 33.1%, while dilution After the earnings per share reached 2.2 US dollars. In addition, after the adjustment of interest, taxes, depreciation, and diluted earnings in the first quarter of the Coober Standard, historically it reached US$111 million, an increase of 7.2% year-on-year; after adjustment, net income increased by 16% year-on-year to reach 5590 in the first quarter. Million US dollars, ie diluted earnings per share of 2.95 US dollars.

Cooper's sales in the Asia Pacific region were US$132.6 million, an increase of 4.3% over the same period of 2016. Profits in the region reached 3.5 million U.S. dollars.

Cummins - operating income of 4.6 billion US dollars

Cummins’ revenue for the first quarter of 2017 was US$4.6 billion, a year-on-year increase of 7%; based on GAAP, net income was US$396 million. In addition, its pre-tax profit was 12.3% of sales, or $566 million, while diluted diluted earnings per share was $2.36, and the first quarter's tax rate was 26.1%. Sales in China and Europe increased by 17%, while in North America, the increase was only 1%.

Engine business: sales of 2 billion US dollars, up 2% year-on-year; the EBIT of the business is 229 million US dollars, which is 11.3% of sales. Sales of off-road engines increased by 20%, while sales of road engines increased by only 2%.

Power system business: sales of 882 million US dollars, up 9% year-on-year, EBIT was US$57 million, or 6.5% of sales.

Dana - Sales reached $1.7 billion

According to data released by Dana's official website, Dana’s net income in the first quarter rose by 67% to US$75 million due to factors such as the growth in demand for new businesses and light trucks. Dana said that due to the high cost of acquisitions, sales growth has been affected to some extent. In addition, Dana’s sales rose 17% in the first quarter to reach US$1.7 billion. Among them, the revenue from light vehicle business was US$761 million, up 24% year-on-year; the income from off-road vehicle business was US$328 million, up 36% year-on-year. Due to the increase in market demand in North America, Europe, and China, the Dana Power Technologies business achieved sales of US$283 million. Dana expects revenue for the full year 2017 to grow to between 6.2 billion and 6.4 billion U.S. dollars.

Dow Chemical - Sales climbed to $13.2 billion

Dow Chemical recently released data show that the first quarter of 2017 earnings per share was $ 0.72, or operating income per share was $ 1.04, up 17% year-on-year. In the first quarter, its sales climbed to 13.2 billion U.S. dollars. Sales that did not account for the purchase volume generated by the acquisition rose by 11% year-on-year. Dow Chemical’s EBIT was $2.7 billion in the first quarter, up 20% year-over-year, driven mainly by increased consumer demand. In addition, Dow Chemical's capacity in major markets around the world is also rising, with an increase of 7% in Greater China, an increase of 6% in the United States, and a 4% increase in the European market.

Goodyear - Sales of $3.7 billion

Data published by the Goodyear Tire & Rubber Company website shows that in the first quarter of 2017, Goodyear’s net income was US$ 166 million. Sales in the first quarter were $3.7 billion, which was basically the same as the same period of last year. Earnings per share reached $0.65, while adjusted earnings per share was $0.74. Its revenue in the Americas region is 214 million U.S. dollars and its operating margin is 10.9%. Europe, the Middle East, and Africa have revenues of 98 million U.S. dollars and operating margin of 7.9%. In the Asia Pacific region, revenue reached US$73 million and its operating margin was 14.5%. The total revenue of Goodyear's tire business was US$40 million, which was 4% lower than the same period in 2016. Revenue from the original equipment business declined by 8%, mainly due to the decline in the US market performance.

Honeywell - Net Sales of $9.492 Billion

Honeywell's performance in the first quarter of 2017 was relatively strong. Net sales in the first quarter reached US$9.492 billion, which was basically the same as last year, and its sales organically increased by more than 2%; free cash flow compared to the same period in 2016 A six-fold increase; first-quarter earnings per share of $1.71, after tax impact, earnings per share of $1.66, while first-quarter net income of $1.332 billion, compared to $1.226 billion of the same period last year Slightly increased.

SKF - Net Sales of $19.6 Billion

According to data released officially by SKF, in the first quarter of 2017, SKF net sales reached US$19.6 billion, which was an increase of 11% year-on-year, due to the increase in demand in North America and Asia. In addition, due to lower production costs, adjusted operating profit in the first quarter was $2.357 billion, which was $385 million higher than the same period of last year, and adjusted state operating margin was 12%. In the first quarter, the adjusted operating margin of SKF's industrial business division was 14.2%; the profits of the automotive business segment increased, and the adjusted operating gross margin was 7.2%.

Tao International - net income is 17.3 million U.S. dollars

Tao’s data released on the official website recently showed that net income for the first quarter of 2017 was US$ 17.3 million, which almost doubled compared to US$ 8.4 million in the same period last year. In addition, Tao’s total revenue in the first quarter increased by 1.7% year-on-year to US$497.6 million, while gross profit slipped to US$56.8 million. In the first quarter of the year, Taiao’s unadjusted interest, tax, depreciation and amortization revenue was US$46.2 million, which was a year-on-year increase of 2.5%.

Visteon - Sales of $810 Million

Visteon’s sales for the first quarter of 2017 were US$8.1 billion, compared to US$802 million in the same period of 2016. The net income for the first quarter was US$63 million, and the diluted earnings per share was US$1.91, the same period in 2016 The net income was 19 million US dollars, diluted earnings per share was 0.49 US dollars. In the first quarter, sales of Visteon’s electronic business were US$8.1 billion, compared with US$793 million in the same period of 2016; net income from e-business was US$55 million, and diluted earnings per share was US$1.67. Revenue from unadjusted interest, tax, depreciation and amortization of electronic services after adjustment is calculated as non-GAAP calculations of US$101 million; adjusted net income from electronic services is calculated as non-GAAP calculations of US$57 million. Earnings per share was $1.73.

Autolif - Consolidated sales of $2.608 billion

Global auto safety system leader - Autoliv recently released data show that its first quarter 2017 consolidated sales of 2.608 billion US dollars; and the organic growth in sales this quarter reached 4.4%. In addition, according to non-GAAP calculations, Autotoll’s operating gross margin was 8.3%, and the adjusted operating gross margin was 8.3%.

BorgWarner - Net sales of $2.407 billion

In the first quarter, BorgWarner’s net sales, calculated in accordance with GAAP, were US$2.407 billion, an increase of 6.1% compared to the same period last year. Excluding the impact of exchange rate changes and sales of the Remy light car aftermarket business, BorgWarner’s net sales rose by 12.8% year-on-year in the first quarter. Excluding non- comparable data related to the diluted earnings per share of $ 0.02, its diluted earnings per share is $ 0.91. In addition, operating income calculated in accordance with generally accepted accounting principles was US$293 million, and operating income was 12.2% of net sales.

DuPont - Sales of $7.7 Billion

According to data released by DuPont's official website, according to the generally accepted accounting principles, DuPont's first quarter 2017 earnings per share was $1.52. The first quarter sales reached 7.7 billion US dollars, up 5% year-on-year. Sales volumes of DuPont’s business units have all increased, including high-performance materials, electronics and communications, and agricultural businesses. In addition, DuPont's total gross profit margin climbed to 80 basis points in the first quarter, while operating margins of its business units increased to 250 basis points.

Full plastic-resistant - sales of 2.235 billion US dollars

In the first quarter of 2017, the total plastics sales amounted to 2,039,400 million euros (2,235.2 million U.S. dollars), up 32.8% year-on-year; and the consolidated sales in the first quarter did not include joint ventures, which rose 36% to 1.724 billion euros. This achievement was mainly due to the organic growth of the automotive business reaching 16.8%, which is 10.9 percentage points higher than the global automobile production. In addition, the external system business acquired in July last year also contributed to the increase in sales. In the first quarter, sales of the fully plastic-resistant automotive business rose 35.4% year-on-year to reach 1,957.1 million euros. This figure also includes revenue of 251.6 million euros from the acquisition of exterior systems last year.

Sensata - operating income of 807.3 million US dollars

According to the official data released by Sensata, Sensata’s operating income in the first quarter of 2017 was US$807.3 million, an increase of 1.3% over the same period last year. Excluding the impact of exchange rate changes, Sensata’s organic growth in first-quarter revenue was 3.5%. In addition, its first-quarter net income was $71.7 million, or 8.9% of revenue or diluted earnings per share of $0.42; adjusted net income was $121.5 million, which was an increase from 2016's $113.2 million. .

Otaru Manufacturing Co., Ltd. - operating income of 823.8 million U.S. dollars

According to data released by the official website of Otaru Manufacturing Co., its net sales in the first quarter of 2017 were 841.456 billion yen, an increase of 3.4% year-on-year; and operating income in the first quarter was 92.523 billion yen ($823.8 million), an increase. It reached 12.5%. In addition, the first-quarter renewed profit was 95.336 billion yen, a year-on-year increase of 13.1%.

Infineon - operating income of $ 1,936 million

According to data released by Infineon’s official website, Infineon’s operating income for the first quarter was 1.767 billion euros ($1.936 billion), an increase of 10% compared to the same period of last year; basic earnings per share was 0.18 euros, after adjustments were made. The interest rate is 38%. In addition, net income in the first quarter was 199 million euros, a year-on-year increase of 10%.

Jingtai - net sales reached $435.50 million

Jingtai recently announced its fiscal revenue for the first quarter of 2017. In the first quarter of 2017, Jingtai’s net sales reached US$453.5 million, an increase of 12% from US$405.6 million in the same period last year. It is reported that the increase in sales was mainly due to the growth of the auto dimming rearview mirror business and the increase in the production of local light vehicles in Michigan. In the first quarter, Jingtai's gross margin was 38.8%, compared with 39.1% in the same period last year. The decline in the profit rate was mainly due to the drop in the consumer price index. In the first quarter, operating income increased by 11% compared to the same period last year to $134.4 million, compared with $120.8 million in revenue during the same period last year.

In addition, other income in the first quarter increased to US$400,000, compared to a loss of US$1.3 million in the same period of 2016. The first quarter net income increased by 22% to reach 97.6 million US dollars, compared with 80.3 million US dollars in the same period last year, and is mainly due to 12% of revenue growth and 5.6 million tax terms of the project amount. Diluted earnings per share increased by 18% to $0.33, compared to $0.28 in the same period last year. In the first quarter of 2017, net sales of the Jingtai Automotive business reached US$445.6 million, an increase of 13% from the US$394 million in the same period of 2016.

Tenneco - consolidated revenue of $2.292 billion

According to data released by the official website of Tenneco, Tenneco’s net income in the first quarter of 2017 was US$63 million, an increase of 11% over the same period of the previous year, while diluted earnings per share was US$1.16, compared to the same period in 2016. Net income was $57 million, and diluted earnings per share was 99 cents. In the first quarter, Tenneco’s consolidated revenue was $2.292 billion, up 7% from the same period last year. Mainly due to the revenue growth of the two product lines of air purification and driving performance.

On the basis of a constant exchange rate, Tenneco’s fiscal revenue increased by 9% to $2.329 billion in the first quarter, exceeding the 6% increase in industrial production. The significant increase in revenue was mainly attributable to the 11% increase in revenue from the light vehicle business. In addition, the revenue growth of business trucks has reached 15%, exceeding the industry growth of 5%. Off-road vehicles and global post-market revenues were basically the same as last year. Value-added revenue increased by 9%, including 10% of the air purification product line’s revenue growth and 7% of the driving performance’s revenue growth.

Eastman - sales of $2.303 billion

Eastman Chemical has announced that Eastman’s sales in the first quarter were US$2.303 billion and operating income was US$397 million. The diluted earnings per share of the company in the first quarter of 2017 was US$1.89, compared to US$1.69 in the first quarter of 2016. Adjusted diluted earnings per share for the first quarter of 2017 were $1.83, compared with $1.71 for the same period in 2016.