In the real estate industry in the winter, while the furniture industry as a real estate downstream industries have also been implicated, with great influence. The international side, since the second half of last year the European debt crisis on European and American furniture market demand influence is very apparent also, cause the furniture exports decline. In the internal and external factors under attack, the furniture industry has been greatly affected the performance of the company last year. But the industry said, the protection of housing construction and furniture with old change new policy implementation, for the furniture industry listed companies is expected to inject new vitality.
As of now, the furniture industry has 10 listed companies released results trailer or achievement bulletin Yukui, 1, is expected to net profit year-on-year decrease of 5, 4 companies are expected to increase the performance of. Among them, increase was larger for the division crown wood [12.08 3.60% shares research report ] ( 002354) and grams of shares 0.24% shares research reports [ 8.32 ] ( 600337), crown wood, is expected to grow by 90% to 130%, is expected to grow more than 100% grams of shares.
In 2011 the real estate regulatory policy impact, the real estate sales are low, while the furniture industry as a real estate downstream industry, domestic sales have also been a great impact. In addition, from a policy perspective, this year the real estate regulatory policy no signs of loosening. Insiders said, in general retail furniture will lag behind the commercial housing sales half a year to 1 years or so, this also means that the furniture industry this year will also be affected by this.
In addition to domestic factors, the aggravation of external economy environment also influences the export of furniture. Seagull bathroom [4.88 - 0.41% shares research report ] ( 002084) expected net profit last year will drop 60% to 70%. The company said, affected by the European debt crisis, the impact of the global financial crisis has not yet subsided, 2011 year renovation market overall demand is flat, and the fourth quarter of the market appears double dip recession signs, the quarter sales revenue and profit for the year is expected to reduce the contribution. Plum umbrella [12.33 0.24% shares research report ] ( 002174) the performance of reduced due to the impact of external economic environment, the company said, affected by the global financial crisis, is expected annual sales revenue will decline, net profit fell 60% to 90%.
In addition, a number of companies, the base material prices remain high, rising labor costs and other factors are also compressed the profit space. According to understanding, from the beginning of 2011, the global timber resources tend to be in short supply, imports of timber prices continue to rise in 2011, imported from North America lumber prices rose at least 30%. Increase in the cost of under pressure, domestic furniture enterprises in trouble. In addition, the artificial cost rise has also eroded the furniture enterprise profit, data shows, 2011 labor costs more than 20% year-on-year growth.