Did China's electronics industry make money in the first quarter?
- Release on :2018-05-09
In the first quarter, the main business income of the whole industry increased by 7.8% year-on-year, and the growth rate dropped by 7.0 percentage points year-on-year. The cost of main operations increased by 9.0% year-on-year, which was 1.2 percentage points higher than the growth rate of main business income during the same period; the total cost and expenses for each hundred yuan of main business income were 97.41 yuan, an increase of 1.08 yuan over the same period of last year.
In the first quarter, the total profit realized by the entire industry dropped by 11.0% year-on-year. The main business income margin was 3.32%, down 0.7% year-on-year; the company's loss was 33.6%, an increase of 6.3% year-on-year, and the total losses of loss-making enterprises increased by 62.6% year-on-year.
At the end of March, the accounts receivable of the industry increased by 14.0% year-on-year, which was higher than the growth rate of main business income of the same period by 6.2%. The inventory of finished products increased by 13.6% year-on-year, and the growth rate accelerated by 4.4 percentage points year-on-year, which was higher than the growth of main business income by 5.8 percentage points over the same period.
In the first quarter, the producer prices of electronic information manufacturing manufacturers fell by 2.3% year-on-year. In March, the manufacturer's ex-factory price (PPI) of electronic information manufacturing industry decreased by 2.6% year-on-year, and decreased by 0.4% month-on-month, continuing the downward trend since the third quarter of last year.
In the first quarter, investment in fixed assets of the electronic information manufacturing industry increased by 15.4% year-on-year, representing a year-on-year decline of 11.4 percentage points, which was higher than the growth rate of manufacturing investment by 11.6 percentage points. Among them, the communications equipment manufacturing industry has a high degree of prosperity, and the investment growth is outstanding, with a year-on-year increase of 38.2%.