Mechanical Industry High-profile Start-up Profit Cost Increased

In 2006, the beginning of the national machinery industry enterprises showed a steady and rapid growth. Total income from main operations and total profit increased steadily, with year-on-year growth rates increasing at a higher rate, and losses from loss-making companies expanded, but the amount of losses decreased year-on-year. The overall index of economic efficiency of the machinery industry is 146.61.

Main income growth rate higher total profit increased significantly
From January to February, the total revenue of the main machinery business of the national machinery industry totaled 610.787 billion yuan, a year-on-year increase of 29.58%, and an increase of 7.23 percentage points from the previous year's January-December increase. The growth rate was a relatively high level in the past two years. Of which: State-owned and state-controlled enterprises accumulatively completed main business income of 2007.39 billion yuan, an increase of 29.73% year-on-year; privately-owned and foreign-funded enterprises completed main business revenues of 24.074 billion yuan and 169.774 billion yuan, respectively, an increase of 33.8% over the same period of last year. 23.89%.

Among the 13 industries that have been aggregated, apart from the year-on-year decline in the cultural and office equipment industry, the remaining 12 industries have maintained double-digit growth year-on-year. Among them, agricultural machinery (38.49%), heavy-duty mines (37.6%), automobiles (35.61%), electrical appliances (30.9%) and machine tool (29.99%) industries had an increase rate higher than the national average.

From January to February, the national machinery industry realized a total profit of RMB26.055 billion, an increase of 55.22% compared to the same period of last year (due to the low base), an increase of 43.96 percentage points over the previous year from January to December, which was the same period since 2004. The highest value.

From the perspective of different economic types of enterprises, state-owned and state-controlled enterprises have realized a total profit of 7.593 billion yuan, an increase of nearly 1.5 times year-on-year; privately-owned and foreign-funded enterprises have realized a total profit of 10.325 billion yuan and 8.136 billion yuan respectively, which represents an increase over the same period of last year. 47.92% and 20.59%.

Looking at the absolute amount of profits realized by the industry, the auto industry achieved a profit of 8.387 billion yuan, which was back to the top; followed by the electrical and electronics industry, which achieved 6.819 billion yuan; the petrochemical general industry realized 2.341 billion yuan; and the general basic parts industry realized 2.335 billion yuan. Compared with the same period of the previous year, the order of growth was more than doubled in agricultural machinery (176.8%), automobiles (132.92%), construction machinery (112.87%) and heavy mining (106.97%) machinery industries; the year-on-year decline was in other civilian machinery (- 20.66%) and cultural office equipment (-14.29%) industries.

Increase in total cost of receivables
From January to February, the accumulative main business cost of the national machinery industry enterprises was 517.119 billion yuan, an increase of 29.31% year-on-year, an increase of 5.57 percentage points from January to December of the previous year; and accumulative total of operating expenses, administrative expenses, and financial expenses was 19.235 billion yuan, 349.09 respectively. Billion yuan and 5.553 billion yuan, an increase of 26.55%, 20.35% and 36.36% respectively over the previous year, an increase of 8.43, 5.71 and 29.46 percentage points over the previous year from January to December; cumulative taxation of 26.257 billion yuan, an increase of 34.29%, an increase of The ratio from January to December in the previous year increased by 13.52 percentage points.

From the year-on-year growth rate of different economic types of enterprises, the cumulative increase in the total taxation of state-owned and state-controlled enterprises was the highest at 11.605 billion yuan, an increase of 50.42% year-on-year; the rapid increase in the main business cost and operating expenses of private enterprises was 205.844 billion yuan and 76.71 respectively. Billion yuan, a year-on-year increase of 34.2% and 30.61%, respectively; management costs and financial expenses of the foreign-funded enterprises rose significantly to 9.165 billion yuan and 1.062 billion yuan, an increase of 21.76% and 47.3%.

From January to February, China's machinery industry enterprises completed a total of 280.726 billion yuan of finished product funds, an increase of 12.36% year-on-year, an increase of 1.378 billion yuan over the previous year from January to December, an increase of only 0.06 percentage points; net accounts receivable 651.744 billion yuan The growth rate was 19.12% year-on-year, a decrease of 21.562 billion yuan from January to December of last year, and the growth rate moderated down by 0.69 percentage points.

From January to February, the proportion of net receivables and finished product funds in liquidity was 40.83%, which was an increase of 0.62 percentage points from the same period of last year (40.21%).

Composite index of economic efficiency rose year-on-year
From January to February, the comprehensive index of economic efficiency of the machinery industry in China was 146.61, an increase of 17.05 points year-on-year (129.56), but a decrease of 9.76 points from January to December of the previous year. Compared with the same period of last year, the major indicators of economic efficiency, except for asset-liability ratio, all rebounded slightly. Among them, the total asset contribution rate increased by 1.55 percentage points; the cost-cost margin increased by 0.77 percentage points; the main business income margin increased by 0.71 percentage points; the current assets turnover rate increased 0.15 times.

From January to February, the total number of machinery industry enterprises in the country totaled 55,785, of which there were 13,967 loss-making enterprises, an increase of 400 over the same period of last year; the loss was 24.86%, an increase of 9.2 percentage points from January to December of the previous year; the loss of loss-making enterprises was 7,714 million yuan. The year-on-year decrease of 3.36%.

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