Shipbuilding Industry Economic Operation in the First Half of 2014

Shipbuilding Industry Economic Operation in the First Half of 2014

In the first five months of 2014, the economic operation of the shipbuilding industry continued to remain stable. Ship orders and hand-held ship orders continued to grow year-on-year, ship exports steadily rebounded, and major industrial economic indicators continued to rise.

First, the nation's three major shipbuilding indicators two liters and one drop

From January to May, the nationwide shipbuilding completed 13.02 million dwt, a year-on-year decrease of 24.3%. Undertake new shipping orders of 34.73 million dwt, an increase of 108%. At the end of May, the number of ship orders in hand was 15.047 million dwt, which was a year-on-year increase of 41.4%, and an increase of 14.9% from the end of 2013.

From January to May, 11.65 million dwt of completed ships were exported, a year-on-year decrease of 17.7%; orders for export vessels were 32.89 million dwt, up by 167% year-on-year; at the end of May, orders for hand-held export vessels were 144.4 million dwt, a year-on-year increase of 62.5%. Export ships accounted for 89.5%, 94.7% and 94% of the country's shipbuilding completions, new orders received, and hand-held orders, respectively.

Second, focus on monitoring the company

1. The three major indicators of shipbuilding companies are two liters and one drop

From January to May, 54 key monitoring shipbuilding companies completed 12.5 million dwt of shipbuilding, a year-on-year decrease of 13.2%. The number of orders for new ships was 33.81 million dwt, which was a year-on-year increase of 135%. At the end of May, the number of handheld ship orders was 14.716 million dwt, an increase of 46.3% year-on-year.

From January to May, 54 key monitoring shipbuilding enterprises completed 11.1 million dwt of export vessels, which was a year-on-year decline of 8%; orders for export vessels were 31.71 million dwt, a substantial year-on-year increase of 176%; and at the end of May, orders for export vessels were 137.7 million dwt. , an increase of 71.7%. Export ships accounted for 88.3%, 93.8% and 93.6% of the total volume of completed major shipbuilding companies, newly-accepted orders and hand-held orders.

2. The year-on-year increase in gross industrial output value

From January to May, 87 key monitoring companies in the shipbuilding industry completed industrial output value of 154.5 billion yuan, a year-on-year increase of 10.5%. The output value of shipbuilding was 74.2 billion yuan, an increase of 3.2% year-on-year; the output value of ships was 11.4 billion yuan, an increase of 12.4% year-on-year; the value of ship repairs was 5.8 billion yuan, a year-on-year increase of 18.9%.

3. Ship exports increased year-on-year

From January to May, 87 key monitoring companies in the shipping industry completed export output value of 65.6 billion yuan, a year-on-year increase of 1.8%. Among them, the shipbuilding production value of 51.7 billion yuan, an increase of 1.4%; ship supporting output value of 1.54 billion yuan, a year-on-year decrease of 22.9%; ship repair output value of 2.06 billion yuan, an increase of 15.3%.

4. The year-on-year decline in corporate economic efficiency

From January to May, 87 key monitoring companies realized main business income of 97.7 billion yuan, a year-on-year increase of 9.4%; total profit was affected by the substantial losses of individual companies, which was only 1.76 billion yuan, a 20% decrease from the previous month and a 33.6% year-on-year decrease.

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