Brief introduction to the economic operation of building materials industry in the first half of 2017
Abstract In the first half of 2017, the production of building materials industry was generally stable, prices continued to rise, economic benefits improved, and the overcapacity was initially achieved. However, the foundation of the smooth operation of the industry is still not stable, and the contradiction of overcapacity of cement has not been fundamentally resolved. The structural reform of the supply side still needs to be further pushed...
In the first half of 2017, the building materials industry was generally stable, prices continued to rise, economic efficiency improved, and the overcapacity was initially achieved. However, the foundation for smooth operation of the industry is still not stable, and the contradiction of overcapacity of cement has not been fundamentally resolved. The structural reform of the supply side still needs to be further advanced. From January to June, the added value of the building materials industry increased by 5.7% year-on-year; the national cement output was 1.11 billion tons, up 0.4% year-on-year; the flat glass output was 410 million weight boxes, up 5.8% year-on-year. Other products such as laminated glass, insulating glass, sanitary ceramics, porcelain tiles, etc., achieved rapid growth. At the end of June, there were 43,516 registered households, an increase of 946 over the same period of the previous year, of which 5,561 were loss-making enterprises, down 10.2% year-on-year.
The ex-factory price of building materials in June rose by 7.6% year-on-year, and the average price in January-June rose by 6.0%. Among them, the national cement ex-factory price in June was 321 yuan/ton, up 25.5% year-on-year; the flat glass factory average price was 70.8 yuan/weight box, up 12% year-on-year.
From January to June, the building materials industry completed its main business income of 3.8 trillion yuan, a year-on-year increase of 12.3%; realized profits of 246.8 billion yuan, an increase of 22.2%; sales profit rate of 6.5%, 0.6 percentage points higher than the same period of last year; Realized a profit of 4.25 yuan, an increase of 0.56 yuan. At the end of June, the asset-liability ratio was 51.8%, down 1.3 percentage points year-on-year; the loss of loss-making enterprises was 17.62 billion yuan, down 31.1% year-on-year.
From January to June, the cement industry's revenue was 459.8 billion yuan, a year-on-year increase of 21%; the profit was 33.36 billion yuan, a year-on-year increase of 248%; the sales profit rate was 7.3%, an increase of 4.8 percentage points over the same period of last year; the hundred yuan assets realized a profit of 2.53 yuan. The year-on-year increase was 1.79 yuan. Flat glass industry revenue of 37.1 billion yuan, an increase of 22.6%; profit of 5.33 billion yuan, an increase of 85.1%; sales profit rate of 14.4%, an increase of 4.9 percentage points; 100 yuan assets realized profits of 3.45 yuan, an increase of 1.46 yuan. The industrial benefits of cement products, building sanitary ceramics, technical glass, glass fiber and products all performed well.
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