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Sac seventh warning hover crossroads appliance industry - China wireless 54mbps adapter by gfgegnnm hhbnmkl





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Sac seventh warning hover crossroads appliance industry - China wireless 54mbps adapter by
Article Posted: 06/05/2011
Article Views: 135
Articles Written: 1281
Word Count: 845
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Sac seventh warning hover crossroads appliance industry - China wireless 54mbps adapter


 
Business,Business News,Business Opportunities
"China's home appliance industry is still in the immature state of turmoil." Held in Shunde "2005 China Household Appliance Industry Summit" on the countries

Liu Fu, vice president of devices at all on "Chinese home appliance industry has reached a high degree of glory," the statement published in opposition, "How to guarantee profits to the international

Become a 'pilot' role, rather than the 'response' role, we should ponder the question for each company. "Liu Fu, the fears are not groundless. After the first half of the State Development and Reform Commission and Ministry of Information Industry Alerts E-hundred companies overall profit fell 53% after the seventh meeting of the SASAC has issued alerts on the electronics industry: This year (2005) 1-8 on 47 key state-owned electronics companies accelerate the decline in profits, in August is 280 million yuan loss for the first time. All signs indicate that China's electronics industry is facing unprecedented difficulties.

Electronics industry profits dive Qi Cheng

Appliance industry profits transcripts have never been so ugly. SASAC published data, although the first 8 months of this year, 47 state-owned key enterprises in the electronics industry, industrial output growth of 19%, growth rate 2.3 percentage points from January to July speed; realized main business income of 272.19 billion yuan, an increase of 22.3%, the growth rate accelerated 2.9 percentage points from January to July, but revenue growth will not solve the problem of profits, 47 enterprises realized a total profit of only 16.7 billion yuan, down 75.8%. Which, in August this year, 47 key e-business in August or the first time "see the negative," a total loss of 280 million yuan, a decline from January to July compared with 9.3 percent expansion. In fact, this is the 7th SAC to the phenomenon of the electronics industry made profits dive warning. In addition to the SASAC, the previous National Development and Reform Commission, Ministry of Information Industry were also issued alerts. MII data which include

Etc., "e-Hundred" enterprises in the year 1-5 months to achieve a total profit of 4.8 billion, down 53%, of which the top 10 companies in six sharp decline in profits, three losses. Among

Loss of 515 million, profits fell 181%;

Group loss of 1.08 billion, profits fell 266%; SVA total profit of only 16.64 million yuan, down 97.52%;

Group profit down 44%. 47 key e-business with 8 months to achieve 1.67 billion yuan in total profits. Two years ago the whole year a total profit of a company is already close to this figure. Journalists access to the annual report found that a single TCL Group 2003 profit of 1.35 billion total. Maintained a high growth rate is also the home appliance industry in China in 2003 has been hailed for "brilliant", however, from the beginning of a cold wave in 2004, to the appliance industry has a pouring cold water, the SASAC, Ministry of Information Industry, Development and Reform Commission departments frequently warning that the electronics industry is the way of profit decline rapidly accelerating slide into winter. The reasons for the decline in profits during the first half, the SAC analysis: "As energy, raw material prices, cost increases have exceeded income growth, a significant decline in profits."'s Access to the major companies are semi-annual report also found that prices of raw materials makes

, Refrigerators and other industries with high dependence on raw materials experienced "disaster." Which accounts for 70% of Haier's overall operating income over the refrigerator, air-conditioned main business of the "poor performance", making the first half of the net profit for the first time Haier sharp decline;

Air core business revenue increased 99.24% year on year, because costs increased 101.63 percent year on year, resulting in a decline in gross margins; the same situation also occurs in

Refrigerator body. The Chunlan correction notice issued performance notices are displayed, due to rising raw material reasons, the company will be first half net profit fell over 50%.

Excessive competition, the future price cut overdraft

In fact, the "raw material prices," but superficial reasons behind a more important issue: China's household electrical appliance enterprises competitive model and core competencies, is to adapt to the global appliance industry trends? Interestingly, dependence on raw materials prices of flat-panel industry is relatively weak, the experienced half of the new technological advances, the rapidly into the "small profit margins of the times." From the end of March this year,

President of Beijing-Hsun Edge "42-inch plasma yuan price absolutely not normal" to "8000 yuan is the popular flat-panel TV prices", then during the National Day, Beijing market appears below 6,000 yuan, 32-inch

And 42-inch plasma, flat-panel TV prices each quarter to drop one or two thousand dollars in the plunging. "It's flat-panel TVs are basically lose money."

Liu Buchen, industry observers said,

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