In the first half of 2010, China’s hardware industry continued its recovery momentum since the fourth quarter of 2009. The industry showed a boom in production and sales, rapid growth in imports and exports, rapid growth in various economic indicators, and a stronger trend in the recovery of the industry. .
1. Rapid growth of industry output value and output
Statistics from the National Bureau of Statistics show that from January to June 2010, there were 8,603 large-scale enterprises in the hardware industry, and the cumulative total industrial output value increased by 26.01% year-on-year, which was much faster than the same period of last year. Among them, the building decoration and plumbing parts industry completed the first half of the total industrial output value of the industry accounted for 17.97%, ranking first.
From the point of view of the total industrial output value of the regions, Guangdong, Zhejiang, Shandong, and Jiangsu provinces and autonomous regions have completed the industrial output value of the above-scale hardware companies in the forefront of the country, accounting for 68.04% of the total industry output value. Guangxi and Inner Mongolia witnessed the fastest year-on-year growth, reaching 109.68% and 106.08% respectively. Only a province in Hainan had a negative growth, which was a year-on-year decrease of 2.28%.
Judging from the monthly output value, due to the influence of seasonal factors, except for the slight drop in February, all other months maintained the overall monthly growth trend. Although the year-on-year growth rate showed signs of falling in May and June, it also showed a significant increase over the same period of last year, with each month increasing by more than two digits.
In the first half of 2010, cumulative production of locks increased by 21.95% year-on-year. The cumulative production of enamel products increased by 22.97% year-on-year; the cumulative production of stainless steel products for daily use increased by 30.52% year-on-year; the cumulative production of gas water heaters increased by 28.26% year-on-year; the cumulative production of gas cookers increased by 0.86% year-on-year. The total output of all types of hardware products in the hardware industry increased year-on-year to positive growth, and, with the exception of domestic gas cookers, the cumulative growth rate of other types of products exceeded more than 20%.
From the perspective of the monthly output of finished products, the output of locks, enamel products, and stainless steel products for daily use began to grow from the second quarter due to a series of policies introduced by the government against the property market and tightening of local government investment. Its growth rate has gradually slowed down, and it has begun to decline since June. On the other hand, benefiting from the “Home Appliances to the Countryside†policy, the output of gas stoves and gas water heaters has increased month by month, and the growth rate has increased month by month.
2. Product sales are booming, and the production and sales rate keeps a high level
In the first half of 2010, the accumulated sales value of industrial sales of enterprises above designated size in the hardware industry across the country increased by 26.23% year-on-year. The accumulated export delivery value has increased by 24.77% year-on-year. The export delivery value accounted for 23.96% of the sales value, a slight decrease from the same period of last year. From a monthly point of view, the sales value and export delivery value of the hardware industry in the first half of 2010 continued to increase, and the growth rate was faster than the same period of the previous year. In addition to February, all other months reached more than 20%.
From the perspective of production and sales ratio indicators, in the first half of the hardware industry, sales and sales rates have been ups and downs, but they have remained at a high level. The accumulated production and sales ratio was 97.25%, slightly higher than the same period of last year. Among them, the lowest in May, the sales rate was 96.7%. In the whole industry, the cumulative production and sales rate of enamel sanitary ware manufacturing industry is the highest, reaching 99.18%, and the cumulative production and sales rate of industrial enamel products supporting manufacturing industry is the lowest 89.67%.
3, the industry as a whole is good, profits have increased significantly
From January to May 2010, the total accumulated profits of the hardware industry increased by 52.38% year-on-year. Among them, construction and safety metal products are the industries with the highest year-on-year growth in profits in the hardware industry. From January to May, cumulative profits increased by 160.87% year-on-year. The enamel sanitary ware industry, with a year-on-year decrease of 12.18%, was the only industry in which the profits of the industry's 14 sub-industries had fallen year-on-year.
From January to May, there were 1,321 loss-making enterprises in the hardware industry across the country, with an industry loss of 15.48%, a decrease of 8.31 percentage points from the same period of 2009. The accumulated losses of the industry were 31.87 percentage points lower than the same period of last year, which all contributed to the improvement of the profits of the hardware industry.