Statistics on the stone industry in the first quarter of 2009 have been released. China's stone industry enterprises above designated size achieved industrial added value of 9.693 billion yuan in the first quarter of 2009, an increase of 16.65% year-on-year. From January to February, the main business income was 16.689 billion yuan, a year-on-year increase of 21.46%; the realized profit was 1.273 billion yuan, a year-on-year increase of 25.82%. In the first quarter, the export volume of the stone industry was 4.294 million tons, down 44.46% from the first quarter of last year, and the export value was 763 million US dollars, down 4.39% from the first quarter of last year. We analyze the relevant data of the industrial added value of enterprises above designated size for the month since the end of 2007, the second quarter of 2008 and the first quarter of this year. We can find the following:
1. The industrial added value of enterprises above designated size in the stone industry has increased by 30.2% since 2007. After accumulating a year-on-year increase of 33.8% in April 2008, it has declined month by month. By the end of March 2009, the increase was only 16.65%, which was 16.45 percentage points lower than the 33.1% increase at the end of March 2008. It was the first time since 2007 that the cumulative increase was less than 20%. In the first quarter of this year, the growth rate of industrial added value increased by -7.81% in the fourth quarter of 2008, and a further decline of -17.86% occurred.
2. The main business income of the above-scale enterprises in the stone industry in January-February 2009 was 21.46% higher than the same period of last year, but it was 13.12% lower than the increase in January-February 2008. For the first time since February 2008, the year-on-year increase in revenue from the main business for the quarter from December 2008 to February 2009 was less than 30%. And the first time there was a decline of -29.93%.
3. The profits of the above-scale enterprises in the stone industry in January-February 2009 have a year-on-year increase of 25.82%, but they are 14.6 percentage points lower than the increase in January-February 2008. In the four quarters since February 2008, the quarterly profit from December 2008 to February 2009 also showed a -24.79% decline.
4. According to customs statistics, the export of China's stone industry has been declining since the second quarter of 2008. The export growth of the second quarter of 2008 to the first quarter of this year was 2.65%, -21.98%, -9.62%, -23.27%. The growth of the export value was 35.34%, 2.41%, -13.65%, and -20.1%, respectively. In particular, exports in January and February this year were only 276 million US dollars and 168 million US dollars, which is the decline of stone exports from March to December 2008. The monthly exports are more than 300 million US dollars, up to 384 million US dollars.
From the above analysis, can we believe that under the background of the national economy overcoming the positive changes in the impact of the financial crisis, China's stone industry has not bottomed out, and it has not shown signs of recovery, but continues to decline in industrial added value. The growth rate of all indicators showed a negative overall growth and a downward trend. The characteristics of the lagging development of the stone industry are clearly reflected. China's stone industry still has to continue to vigorously expand the domestic market, stabilize and consolidate the international market, and strive to curb the downward trend, and strive to achieve industry recovery as soon as possible.
1. The industrial added value of enterprises above designated size in the stone industry has increased by 30.2% since 2007. After accumulating a year-on-year increase of 33.8% in April 2008, it has declined month by month. By the end of March 2009, the increase was only 16.65%, which was 16.45 percentage points lower than the 33.1% increase at the end of March 2008. It was the first time since 2007 that the cumulative increase was less than 20%. In the first quarter of this year, the growth rate of industrial added value increased by -7.81% in the fourth quarter of 2008, and a further decline of -17.86% occurred.
2. The main business income of the above-scale enterprises in the stone industry in January-February 2009 was 21.46% higher than the same period of last year, but it was 13.12% lower than the increase in January-February 2008. For the first time since February 2008, the year-on-year increase in revenue from the main business for the quarter from December 2008 to February 2009 was less than 30%. And the first time there was a decline of -29.93%.
3. The profits of the above-scale enterprises in the stone industry in January-February 2009 have a year-on-year increase of 25.82%, but they are 14.6 percentage points lower than the increase in January-February 2008. In the four quarters since February 2008, the quarterly profit from December 2008 to February 2009 also showed a -24.79% decline.
4. According to customs statistics, the export of China's stone industry has been declining since the second quarter of 2008. The export growth of the second quarter of 2008 to the first quarter of this year was 2.65%, -21.98%, -9.62%, -23.27%. The growth of the export value was 35.34%, 2.41%, -13.65%, and -20.1%, respectively. In particular, exports in January and February this year were only 276 million US dollars and 168 million US dollars, which is the decline of stone exports from March to December 2008. The monthly exports are more than 300 million US dollars, up to 384 million US dollars.
From the above analysis, can we believe that under the background of the national economy overcoming the positive changes in the impact of the financial crisis, China's stone industry has not bottomed out, and it has not shown signs of recovery, but continues to decline in industrial added value. The growth rate of all indicators showed a negative overall growth and a downward trend. The characteristics of the lagging development of the stone industry are clearly reflected. China's stone industry still has to continue to vigorously expand the domestic market, stabilize and consolidate the international market, and strive to curb the downward trend, and strive to achieve industry recovery as soon as possible.
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