It has been more than ten years since the implementation of the “Management Measures for Auto Finance Companies†in 2004. In the past ten years, the once-unknown auto finance industry has gradually gained a slogan. The huge tension of the industry and the imagination of 100 billion scale have attracted the pursuit of auto finance companies. Although they have different understandings of the industry and products, no one wants to become Oligarch. It is worth noting that the above-mentioned auto finance companies have lower ROI. Among them, Dongfeng Nissan Auto Finance Co., Ltd. has the highest return on assets, but only 3.53% (as of the first half of 2016). The return on assets of SAIC-GM and Chery Huiyin Auto Finance Co., Ltd. were 3.16% and 3.13%, respectively, while other auto finances. The company's return on assets is below 3%.
Round fixing magnet, or bushing fixing magnet, socket bushing magnet or Insert magnet holder.The round fixing magnet, is a magnetic insert assembly mainly used for holding concrete formworks which made of steel,or holding tools. Its` magnetic force is range from 4 kg ~ 70kgs, which could hold steel structures steadily.
The Round fixing magnet, is made of Neodymium Magnet, steel armature and steel thread rod. The neodymium magnet is plated with NI-CU-NI treatment,the steel armature is treated with Zinc coating, the thread rod is coated with black epoxy. These surface treatment could offer good anti corrosion protections for the bushing fixing magnets.
The strongest permanent magnet-NdFeB magnets are used in the embeded socket fixing magnet. The NdFeb magnet are plated with NiCuNiand the metal cup could be plated with color Zinc or other treatments to well protect the metal cup from
corrosion. The magnet contact surface
should be clean and flat otherwise the actual magnetic force will be reduced. The max
working temperature of the embeded fixing
magnets is 80 degrees. Please keep the embeded fixing magnets away fire or being
heating. If higher working temperature is needed, the
higher grade NdFeB magnets will be necessary then.The magnetic force and sizes could be designed according to customers' requirements.
Bushing magnet, which configure by a thread hole cup magnet and a separable thread rod to fit the thread hole.Magnetic bushing magnet is made of a strong neodymium magnet,a steel cup and a thread rod. The magnet have been plated with thick coatings to prevent corrosion,please be noted that magnetic bushing assembly is not water proof,bushing magnet could not left in humid environment for months or years.Bushing magnet assembly have very strong magnetic force which could retaining heavy objects.We could produce various sizes of magnet bush assembly. Please kindly inform the model number and quantity when send us inquiry,we could quote soon after calculate the costs.
inserted fixing magnet, a strong magnetic assembly for precast concrete industry, it is used to hold neodymium magnet
Inserted fixing magnet,also known as
embeded fixing magnet, inserted socket fixing magnet,
embeded socket fixing magnet, magnetic pipe
ixing magnet,precast concrete fixing magnet.is the new magnetic assembly in precast concrete industry. It is the
best solution to fix the
inserted socket in precast concrete panel.
Insert Fixing Magnet,Round Fixing Magnet,Embeded Fixing Magnet,Bushing Fixing Magnet NINGBO SHINE MAGENETIC TECHNOLOGY CO.,LTD , https://www.shinemagnets.com
Some of them are already quite large in scale and influence; some continue to exert strength and grow rapidly; others are difficult to break through and there is temporary negative growth. But in any case, the automotive finance industry has great potential for development, and “super cakes†are in front of us. The joining of enterprises and the promotion of capital are parallel in this industry, and a battle for future markets is gradually opening.
In terms of asset size, except for the assets of Toyota Motor Finance Corporation, which fell by 0.57%, the assets of the other seven auto finance companies increased in different degrees in 2016. Among them, BMW Auto Finance ranked first with a total asset size of 88.867 billion and a total asset growth rate of 75.39%. The total assets of SAIC General Motors Finance, Volkswagen Finance and Ford Motor Finance reached 77.765 billion, 48.765 billion and 35.973 billion, respectively. The growth rates were 26.22%, 29.94% and 33.71%, respectively.
In terms of profitability, in 2016, in addition to Toyota Motor Finance, the operating profit of seven auto finance companies achieved positive growth. Among them, Ford Motor Finance Corporation increased by 67.27%, ranking first, BMW and Volkswagen Finance increased by 63.60% and 33.19% respectively, ranking second and third. The growth rate of operating profit of other companies was also above 20%. From the perspective of net profit, the above three auto finance companies ranked slightly differently. BMW ranked first with 81.89% net profit growth rate, Ford ranked second with a growth rate of 70.40%, and Chery Huiyin third, increased The speed is 55.35%.
Net interest income is the most important source of revenue for auto finance companies and an important indicator for measuring the company's profitability. In 2016, in addition to Toyota Motor Finance, the net interest income of other auto finance companies also achieved rapid growth. Among them, BMW Auto Finance's net interest income growth rate was 41.76%, Chery Huiyin Auto Finance followed closely with 31.59%, Ford Motor's financial interest net income growth rate reached 31.03%, and other auto finance companies also achieved more than 10%. increase.
From a global perspective, the growth rate of auto finance in the Chinese market is significantly higher than the global average. According to the 2016 third quarterly report released by the BMW Group, BMW Automotive Finance's operating profit worldwide was 1.696 billion euros, an increase of 11.4% over the same period of the previous year. According to the 2016 unaudited financial report, BMW Automotive Finance China's 2016 annual revenue growth reached 63.6%. Similarly, as of September 2016, Volkswagen Finance's global operating profit increased by 11.8%, while China's operating profit growth rate was 33.19%. Ford Motor Finance's revenue in the first three quarters of 2016 was US$7.626 billion, up 15.82% from the same period of the previous year, while Ford Motor Finance China's 2016 revenue growth rate was 29.47%, about twice the Ford global growth rate.