Economic performance of the shipbuilding industry from January to April 2017

Abstract From January to April 2017, the global shipping market rebounded and then fell back. China's shipbuilding completion continued to grow. New orders and hand-held ship orders continued to decline. The main economic indicators of key monitoring enterprises continued to decline year-on-year. Bigger pick...
From January to April 2017, the global shipping market rebounded and then fell back. China's shipbuilding completion continued to grow. New orders and hand-held ship orders continued to decline. The main economic indicators of key monitoring enterprises continued to decline year-on-year. Big challenge.

First, the country's three major shipbuilding indicators fell by one liter
From January to April, the nation's shipbuilding completed 18.56 million deadweight tons, an increase of 71.9%. The new ship's orders were 6.65 million DWT, down 51.8% year-on-year. At the end of April, orders for ships were 86.62 million DWT, down 30.3% year-on-year, down 13% from the end of 2016.
From January to April, the country's completed export ship was 17.63 million DWT, up 76.7% year-on-year; the export ship orders were 5.67 million DWT, down 57% year-on-year; at the end of April, the export ship orders were 79.95 million DWT, down 32.4% year-on-year. Export ships accounted for 95%, 85.3% and 92.3% of the nation's shipbuilding completions, new orders, and hand-held orders, respectively.

II. Indicators of key monitoring enterprises 1. Three major indicators of shipbuilding enterprises
From January to April, 53 key monitoring shipbuilding companies completed 15.84 million DWT, a year-on-year increase of 57.1%. The orders for new ships were 5.53 million DWT, down 58.4% year-on-year. At the end of April, orders for ships were 81 million DWT, down 32% year-on-year.
From January to April, 53 key monitoring shipbuilding enterprises completed 15.58 million deadweight tons of export ships, up 59.1% year-on-year; orders for export ships were 4.71 million deadweight tons, down 63.1% year-on-year; orders for export ships at the end of April were 74.52 million deadweight tons. It was down 35.7% year-on-year. Export ships accounted for 95.2%, 85.1% and 92% of the key shipbuilding enterprises' completions, new orders, and hand-held orders, respectively.

2. The total industrial output value decreased year-on-year
From January to April, 80 key monitoring enterprises in the shipbuilding industry completed a total industrial output value of 115 billion yuan, down 8.9% year-on-year. The shipbuilding output value was 50 billion yuan, down 13.1% year-on-year; the ship supporting output value was 6.7 billion yuan, down 21.8% year-on-year; the ship repair output value was 3.6 billion yuan, up 3.4% year-on-year.

3. Ship export value decreased year-on-year
From January to April, 80 key monitoring enterprises in the shipbuilding industry completed an export value of 46 billion yuan, a year-on-year decrease of 13.8%. Among them, the shipbuilding output value was 33.6 billion yuan, down 14.1% year-on-year; the ship supporting output value was 1.5 billion yuan, down 22.1% year-on-year; the ship repair output value was 2.3 billion yuan, down 3.7% year-on-year.

4. The economic efficiency of the company has decreased year on year.
From January to April, 80 key monitoring enterprises in the shipbuilding industry achieved a revenue of 83.2 billion yuan from the main business, down 10% year-on-year; total profit was 600 million yuan, down 45% year-on-year.

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