Production of Cigarettes in China Was 2.29 Trillion in 2009

March 15, 2010 | Author: | Posted in Business

www.shcri.com – In 2009, Chinese product industry realized the sales revenue of CNY 443.41 billion, increasing by 13.15% YOY; the rate was reduced by 3.13% YOY. By the end of 2009, the assets of Chinese tobacco product industry totaled CNY 494.69 billion, 11.89% increase over 2008; the rate dropped by 6.09% YOY. The number of enterprises reached 172 with the YOY of 9. The number of employees was 188,800, increasing 16,700 over 2008.

In 2009, the total profit of Chinese tobacco product industry amounted to CNY 62.59 billion, dropping by CNY 5.51 billion YOY.

In 2009, the fixed asset investment in Chinese tobacco manufacturing industry reached CNY 23.70 billion with the growth rate of 63.70% YOY, taking up 0.40% of the total investment in the manufacturing industry.

In 2009, Chinese of cigarettes was 2.29 trillion, rising by 3.17% YOY. Yunnan, Hunan, Henan, Shandong and Hubei ranked among the Top 5 with the of 345.79 billion, 169.28 billion, 161.35 billion, 130.02 billion and 127.86 billion separately, of which the aggregate accounted for 40.78% of the national total .

In 2009, great changes occurred in Chinese tobacco market environment; the national policy on the tax also went through significant adjustment. The yearly tobacco tax (including the revenue of state-owned capital) amounted to CNY 416.34 billion, increased considerably by CNY 86.46 billion YOY (26.2% YOY). The national 30 major brands remained the outstanding development and the concentration ratio was further improved.

In 2009, Chinese 30 major cigarette brands realized the sales volume of 24.47 million boxes, rising by 15.67% YOY. Their sales volume accounted for 54.02% of the total industrial cigarette sales volume, increasing by 5.74% YOY. Their tax amounted to CNY 256.98 billion, taking up 75.67% of the total tax; the proportion rose by 4.26% YOY. The profit reached CNY 52.70 billion, accounting for 85.29% of the total profit; the proportion was raised by 4.62% YOY. Over 12 brands realized the production and sales volume of above 1 million boxes. Among them, the sales volume of Baisha, Hongtashan, Honghe, Hongjinlong and Hongqiqu exceeded 2 million boxes. The sales revenues of 13 brands were above CNY 20 billion. Among them, the sales revenues of Yunyan, Furongwang, Baisha, Hongtashan, Liqun and Shuangxi of Guangdong exceeded CNY 30 billion and that of Chunghwa was over CNY 50 billion.

Through this report “Research Report on Chinese Tobacco Industry, 2010-2011”, readers can acquire more information:

-Current development status of Chinese tobacco industry

-Competition in Chinese tobacco market

-Governmental policies on Chinese tobacco industry

-Major events in Chinese tobacco industry

-Development tendency of Chinese tobacco industry

Following persons are recommended to buy this report:

-Tobacco manufacturers

-Tobacco traders

-Investors concerning the tobacco industry

-Research institutes concerning Chinese tobacco industry

-Others concerning Chinese tobacco industry

To get more details, please visit http://www.shcri.com/reportdetail.asp?id=424

Contacts:

www.shcri.com

Eileen@shcri.com

Tel: 86-21-6150-9706

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