The profit of building materials industry exceeded 300 billion yuan

On November 25, the website of the Ministry of industry and information technology released the economic operation of the building materials industry in the first three quarters of 2019. The operation of the building materials industry was generally stable and the economic benefits continued to improve. From January to September, the operating revenue of the building materials industry was 3.8 trillion yuan, up 12.6% year on year, and the profit was 323.4 billion yuan, up 12.2% year on year. The sales profit rate was 8.4%, 2.5 percentage points higher than that of the whole industry. The Ministry of industry and information technology said that since this year, the overall production of building materials industry has remained stable, industry benefits have further improved, transformation and upgrading have achieved remarkable results, and high-quality development has taken solid steps. The reporter learned that the benefits of building materials industry are reflected in five aspects: production and operation, price level, economic benefits, fixed asset investment and export amount. Among them, in terms of production and operation, the building materials industry is generally stable. From January to September, the added value of building materials industry increased by 9.0% year on year, and the production of main building materials products remained stable.

Among them, the national cement output is 1.69 billion tons, an increase of 6.9% year-on-year, and the flat glass output is 698 million weight boxes, an increase of 5.4% year-on-year. In addition, the production of commercial concrete, ceramic tiles, ceramic tiles, sanitary ceramic products and hollow glass also increased by a large margin, with a year-on-year growth of 14.9%, 9.5%, 7.0%, 11.4% and 7.1% respectively. However, the price level has fallen. According to the Ministry of industry and information technology, the ex factory prices of building materials and non-metallic mineral products dropped continuously in the first quarter and began to stabilize after the second quarter. In September, the ex factory price index of building materials and non-metallic mineral products was 113.2, up 1.27% month on month. Among them, the cement price continued to fall in the first half of the year. After the end of August, it entered the golden nine silver ten traditional peak season, and the price began to rebound. In September, the national average price of cement was 439 CNY/ton, a year-on-year increase of 13 CNY/ton. However, compared with the annual peak of 449 CNY/ton in January this year, it is 10 CNY/ton lower. After the price of flat glass fell in the first half of the year, it recovered in the third quarter. In September, the product price was 79.7 yuan / weight box, down 1.2% year on year.

Even in the case of falling prices, the economic benefits of building materials industry continue to improve. Information from the Ministry of industry and information technology shows that from January to September, the operating revenue of the building materials industry reached 3.8 trillion yuan, a year-on-year increase of 12.6%, 8.1 percentage points higher than that of the whole industry, 32.34 billion yuan profit, 12.2% higher than that of the whole industry, 8.4% higher than that of the whole industry. Among them, the operating revenue of cement was 719.86 billion yuan, up 14.3% year-on-year, the profit was 131.82 billion yuan, up 25.3% year-on-year, and the sales profit rate was 18.3%. The operating revenue of flat glass was 60.5 billion yuan, up 9.3% year on year, the profit was 6.75 billion yuan, down 24.8% year on year, and the sales profit rate was 11.2%. The total profits of earth and gravel mining, cement products and building ceramic products increased by 24.9%, 25.5% and 18.1% respectively year on year. At the same time, investment in fixed assets increased in the first three quarters of the building materials industry. From January to September, fixed asset investment in non-metallic mineral products industry increased by 7.1% year-on-year, with a slight decrease in growth rate. From the perspective of investment structure, the new capacity of cement and flat glass is significantly reduced. The fixed asset investment in building materials industry is mainly concentrated in the fields of process equipment improvement, environmental protection facilities investment and downstream deep processing. It is worth noting that the export amount of building materials industry keeps increasing and the import amount declines. From January to August, the export value of building materials and non-metallic minerals reached US $23.83 billion, up 7.2% year on year. According to reports, the average FOB price of building materials and non-metallic minerals increased by 7.5% year on year, and the increase of export amount was mainly due to the increase of export price. In addition, from January to August, the import value of building materials and non-metallic minerals reached US $15.37 billion, down 2.4% year on year.