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    Home > Coatings News > Paints and Coatings Market > Net profit of 11 building materials home companies decreased by 3.93% YoY

    Net profit of 11 building materials home companies decreased by 3.93% YoY

    • Last Update: 2021-01-25
    • Source: Internet
    • Author: User
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    China Paint Network
    News:
    economic growth slowed down, the upstream real estate industry depression, resulting in the public demand for home building materials products weakened, the development of the entire home building materials industry is extremely serious. Recently, china Building Decoration Association held the second China Building Materials and Home Industry Development Conference in Beijing. From the meeting released the "2014 China Building Materials Home Industry Development Report" was informed that last year, 71 building materials home listed companies overall performance appeared "increase income does not increase profits" phenomenon, the current loss is still expanding.
    The number of corporate losses is expanding the
    report shows that, with the slowdown in economic growth and the weakening of demand for building materials and households, 71 building materials home companies listed in Shenzhen, Shanghai and Hong Kong last year, although operating income increased 7.19% year-on-year to 371.37 billion yuan, but the net profit fell 3.93% year-on-year to 21 billion yuan, there was a phenomenon of "no increase in revenue." As one of the highest market-oriented and most competitive industries, due to the low entry threshold, the current building materials home industry is the world of small and medium-sized enterprises. This also makes most building materials home enterprises live not long, the industry every once in a while will appear new faces. The large number of enterprises and the small average scale bring the development status quo to China's building materials home industry is the low industrial concentration, which indirectly leads to the disorder of industry competition, the imperfection of the market environment restricts the building materials home industry to become bigger and stronger, the market environment order urgently needs to be improved. Analysis of the specific situation of the industry development dilemma
    The report points out that the problem of overcapacity in the building materials and household industry is mainly manifested in the unreasonable product structure, more low- and middle-end products, fewer high-end products, product quality stability compared with developed countries, there is a certain gap, low energy consumption, low emissions, high value-added products have not yet become the main body. In the face of environmental pollution, the industry must adjust its structure and change its mode of operation. Secondly, building materials home industry belongs to the labor-intensive industry, with the gradual disappearance of the demographic dividend, the current industry talent echelon began to face the embarrassing situation of green and yellow. According to a survey by the China Architectural Decoration Association, 89% of enterprises believe that the lack of high-end talent is the biggest challenge facing enterprises at present, of which 68%, 55% and 42% have demand for senior technicians, marketing and research and development design talents, respectively. In the next 5 years, the serious shortage of senior technicians, product designers and composite cross-border talent will bring great challenges to the industry.
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