The accumulate total output value of 2006 wine industry achieved 12.4 billion RMB, with 1.35 billion RMB total profit and 10.94% average profit rate. By the end of 2006, the total fixed asset of wine industry is 15.2 billion RMB and the turnover time of current asset for the whole year is 1.38.

Compared to 2005, big growth was seen in each index of 2006 wine industry. The growth rate of total assets was 9.22%, 7.71% of profit before tax and 23.37% of industry total output value. The management ability of the whole industry appeared growth in large scale with the turnover time of current asset raised from 1.22 in 2005 to 1.38 in 2006. Profit rate of cost went down sharply from 14.87% in 2005 to 12.48% in 2006.

From the asset scale angle, small companies took up 44.94% of the whole industry which reflected their leading roles status in this industry. In 2006, 43.57% of the total profits in this industry were taken by large enterprises, 13.92% by medium-sized enterprises and 42.51% by small companies. As to profiting ability, large enterprises were higher than average, while medium-sized enterprises were far lower than average and small companies were equal with average.

As far as the enterprise economic type is concerned, the asset of enterprises with foreign investment in wine industry took up 42.04% of the whole industry by the end of 2006, ranked number one in all economic types. The second was joint-stock enterprises which took up 38.78%. Follow it was other types with 31.80%. From the profits point, joint-stock enterprises took up 45.12% of the whole industry, 42.27% of the enterprises with foreign investment and 13.72% of private enterprises.

As well as the region distribution is seen, wine production mainly occurred in Shandong, Hebei and Tianjin. The accumulate total output value of these three cities were separately 6.7 billion RMB, 1.7 billion RMB and 1.3 billion RMB, each took up 56.42%, 14.29% and 11.05% of the whole industry. The total after-tax profits in these three cities were separately 1 billion RMB, 105 million RMB and 190 million RMB, ranked first, third and second and took up 68.88%, 9.76% and 12.47% nationwide.

This report is written by Bon-wine Market Researching Institute. The data mainly comes from authority departments such as National Bureau of Statistics which is true and reliable.