Article by zhangtianyu

  05 sharp drop in profits of China’s home appliance industry, electronic industry, the profit was only 0.61% China’s electronic information products export volume drop in price, need to “quantity” and “price” to achieve balance between. Hundred Ministry of Information Industry announced the performance of electronic information, profit fell 42% 2005 China’s electronics industry, the sharp drop in profits Ministry of Information Industry recently announced on its official web site 1-11 months in 2005 electronic information hundred business statistics. Data show that in 2005 1 to 11 months, China E-hundred enterprises reached 812.67 billion yuan turnover, up 16%, but the total profit was only 15.71 billion yuan, down 42% over last year. Hundred corporate average operating income margin of only 1.93%, a record low in recent years. Economic Operation Bureau of the NDRC pointed out that, although the overall size of electronic hundred enterprises continued to grow, but in the fierce market competition and price wars, the lack of core innovation and competitiveness, resulting in the overall state of the electronics industry profits downturn. Electronics industry continues to expand the scale of Ministry of Information Industry statistics show that 1-November, the cumulative revenue of the scale of hundred enterprises reached 812.67 billion yuan, close to the year 2004 level of 16% year on year growth rate than the same period last year fell by 6 percentage points. Hundred top 10 companies reached the sum of total operating income of 442.83 billion yuan, up 27.7%, accounting for e-business revenue hundred 54.5% of the total. It is understood that since the second half of 2005, electronic information hundred enterprises in their efforts to open up markets, strengthen management, revenue growth has been stable at 15%. Where the business income from the industry perspective, the computer company’s fastest-growing category, the lower component class business growth. Computer class enterprise operating income total 158.39 billion yuan, up 67%; software class enterprises operating income 17.2 billion, up 13%; Communication Category Total operating income 97.54 billion yuan, up 5%; home appliances enterprises operating income of 378.97 billion yuan, up 11%; component class enterprises revenue 160.56 billion yuan, an increase of 4%. Appliance industry profit is only 0.61% Although the size of the electronics industry continues to grow, but the fierce global market competition, Chinese electronics companies declining efficiency and profitability has become an indisputable fact. Data show that in 2005 1 to 11 months, the total profits of China’s electronic hundred was only 15.71 billion yuan, down 42% over last year. Hundred enterprises is only 1.93% average profit margin. As a result, hundred corporate taxes paid 20.46 billion yuan, down 5%. According to data from Ministry of Information Industry in China’s electronic manufacturing companies, telecommunications industry profits drop more, down 37%, most cell phone business losses, but the average profit was 4.7%, still electronic manufacturing the highest. Correspondingly, the computer class business and home appliances industry average profit of only 2.3%, while only 0.61% more appliance industry. This, the Ministry of Information Industry warned, due to fierce global competition, companies benefit from bad to worse, including IT, telecommunications, home appliances, including electronics manufacturing need to enhance the technological content of products, increase R & D investment, to enhance business innovation capabilities and brand image. Same time, the Ministry of Information Industry, said the domestic electronics manufacturers are showing the market leader focused on the trend of the top ten enterprises operating income hundred hundred enterprises accounted for 54.5% of total taxes paid hundred enterprises 58.6%. Electronics Manufacturing released at the same time hundred businesses in the tax list of the top ten, ranked Huawei first in order to pay tax 3.15 billion yuan, Haier, ZTE, TCL, Hisense, Midea, Legend Holdings, Ningbo Yunsheng, Founder, Panda Electronics were ranked 2-10. Export volume growth is the only bright spot In a dismal figure, the rapid growth of exports in 2005 to become the only bright spot in China’s electronics industry, 1-in November, e-hundred companies and an export value of 212.49 billion yuan, up 32% increase than the first half 8 percentage points. According to statistics, the total export delivery value of the top 10 companies total export delivery value of 111.22 billion yuan, up 43.4%, accounting for corporate e-hundred of the total export value of 52.3%.

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