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Home appliance industry will suffer a recession or a good time to integrate - GOME Electrical Appli by li miss
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Home appliance industry will suffer a recession or a good time to integrate - GOME Electrical Appli by LI MISS
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Article Posted: 01/27/2011 |
Article Views: 106 |
Articles Written: 1636 - MORE ARTICLES FROM THIS AUTHOR |
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Home appliance industry will suffer a recession or a good time to integrate - GOME Electrical Appli |
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Business,Business News,Business Opportunities
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Present, evolved from the Wall Street turmoil, worsening global economic situation is intensified, market consumption this winter into a new round of being. Undoubtedly, the gradual warming since last year in China Home Appliances Industry blow, unable to avoid falling under the effect of economic recession, the Great Depression, home appliance business this year, feels the pain. A household electrical appliance enterprise leaders have lamented the author: You have just experienced a heat test, originally thought that the fall in the breath, but did not want to spend the winter ahead. Recession fears triggered by the market led to shrinking consumer demand, which is in transition, and to actively develop 34 rural markets and expand opportunities in the second update to buy household electrical appliance enterprises have brought a severe test. When will the market out of sagging consumer market? In this round of market leading Chinese home appliance industry, in turn under the heading? China's household electrical appliance enterprises in turn presents the development of the next two years what trend? This series of issues to be companies seeking to Break. Woeful, appliances shares lower Last week, Gome shares in Hong Kong within a few days or face cut, dropped more than 50%. In fact, the subject fell Gome is not a drag. This year, the stock market continued to fall affected the situation in home appliances, domestic appliances listed company's share price sharply diminished, Changhong , Haier, TCL and other old appliances stock price-earnings ratio has been less than 10 times the price there are different degrees of sharp decline. Chunlan, Kelon, Xoceco, Amoi and other home appliances business as a loss for three consecutive years, was put on the "ST" hat. Statistics show that China's household electrical appliance enterprises current share price has fallen to historic lows, many home appliance companies face price below net asset position soon. Appears in a number of investment institutions, stock oversold after the appliance may be new opportunities for institutional investors. Is not the case, as early as the beginning of this year, Germany and Italy Chi banks held by Haier, Midea, deep Konka Disposing of the shares of convertible bonds. At the same time, including Morgan Stanley and other foreign investment banks have also lowered the stock's expected appliance industry in China. I think that, because the uncertainty of future economic trends, led to the continued deterioration of the market fears deepened significantly shrinking the overall market consumption. Investors the concept of home appliances, consumer growth stocks and the future growth of space-derived fear share prices continued to fall. Meanwhile, the economic situation has deteriorated to the daily operation of enterprises, especially in overseas market caused no small pressure on the sustainability of business development into question. Difficult to stimulate consumption in the market shrinking Recently, countries have lowered deposit and lending rates, reduced bank reserve ratios, to improve market liquidity and restore market confidence. Meanwhile, some government departments are still discussions to improve the export tax rebate rate of home appliances, household electrical appliance enterprises to promote and safeguard the stability and development. But both countries the United States, Suning Appliance sales are in terminal areas such as business, or are in R & D and manufacturing links of Haier, Changhong and other machine companies, with market demand and consumption is closely related to the Chinese home appliance industry is experiencing an unprecedented challenges. Early as late last year, the National Development and Reform Commission and Ministry of Commerce introduced a pilot policy of home appliances to the countryside, in Shandong, Sichuan, Henan, three rural residents to purchase home appliances to be 13% of financial subsidies. Over the same period, the State Council and local governments to jointly promote the "new countryside construction" are also being developed. These messages are from the macro policy level to stimulate the consumption of the rural market. But gold in just the past 11 weeks, sales of home appliances is not the anticipated unrest. Compared with previous years, field sales home appliance terminal traffic, sales, sales and other key indicators, there were declines of different magnitudes. The reason is that 12 large and medium cities in China demand for home appliances have become saturated, and 34 home appliance market demand has yet to be developed, coupled with weakness in the housing market spread to new homes decorated direct consumption purchasing power of those new, these no doubt to the current sales growth in China's household electrical appliance enterprises created constraints. According to incomplete statistics, nearly eight percent of the home appliance business this year were unable to achieve early sales set tasks and goals. I am an expert from China Bags Wholesale, usually analyzes all kind of industries situation, such as female mannequin , male mannequins.
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