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"2" season to conceal appliances falling profits worry - home appliances to the countrysid by egfveg
New Year's Day three days, all business for the "two" to take a lot of promotional measures
Home Appliances
Promotional booming market situation. Overall sales volume growth of home appliance chain up to 50% sales record biggest gain in six years. But we also see a lot of home appliances prices plunged again, home appliances business profits will be affected.
Appliance stocks soared before the holiday
State Council on December 31 subsolar fat "on the views of invigorating the flow of expanding consumption", clearly we should vigorously promote the holiday and event consumption. Also made on February 1 this year from the appliances to the countryside from the 14 provinces (autonomous regions and municipalities) spread across the country, while the motorcycle, computer,
Water heater
And
Air conditioning
Home appliances and other products included in the scope of subsidies to the countryside policies by the provinces (autonomous regions and municipalities) to choose from based on local needs to increase subsidies for some species.
Twice the countryside to benefit from the expansion appliance, industry believes that this measure will directly benefit the household appliances industry. This stimulated the appliance unit in the last trading day before the holiday the full line up. Plate as a whole rose nearly 1%, which
Hisense
Electrical and MACRO up the most obvious, or more than 3% or more. The view from the increase in sales
TV
Based TCL and Haier rally is not weak, one-day increase of more than 5%. Disk volume has been enlarged, there are signs of capital inflows.
Holiday sales and increased profits without incremental
Competing in the home appliance chain store sales situation, the sales of New Year's Day. Many shopping malls traffic is usually 5-10 times, consumers are usually required to bring big business to embrace half a month to the business.
States United States
Called the overall sales improved over last year by about 20% of its total TV sales 35%, ranked first, followed by air, accounting for 20%.
Suning
Said during the TV on New Year's sales accounted for nearly 45% of overall sales. Home Appliances Industry and Trade also said it completed within three days, four days of air-conditioned 120% of sales plan, color TV sales up 40%, ice wash product grew more than 100%.
, However, is still soaring sales of household appliances built on the basis of a substantial price reduction. It is reported that, in the promotion activities,
Flat Panel TV
Prices at record lows, large white goods for the first time began to cut prices, and many major brands and even the words play off 7, 1000 yuan the following air conditioning everywhere. According to insiders Suning, Suning in the "2" were none other aspects of the product, up to 70%.
Household electrical appliance enterprises are gradually reducing the current profit margins. Data show that since 2008, the appliance industry continually slowing profit growth. Q3 2008, after seasonal adjustment appliance industry profit growth was 33.59%, 18.14% and 7.25%. It is predicted that Q4 profits appliance industry as a whole will continue to decline year on year growth is expected to fall to 5.02%.
Therefore, the massive price promotions, while the purpose to achieve the puerile, but also to reduce the large backlog of inventory, but for home appliance industry, its gold content Queyuanburu in the past.
Appliance industry is expected to build a large base this year
Despite the current view, home appliance industry promotion only purpose of eliminating the backlog of inventory, at a low level of profits. However, we should see that there are still many positive factors exist, only one also needs a short period of time is not bad.
Joint securities industry analyst Domingo
learn that, as the "home appliances to the countryside," efforts to further increase will further reduce the home appliance industry inventory levels, which makes the appliance industry is expected to stock the first to achieve the process of upgrading to drive the industry boom of the . But the short term, the fundamentals of listed companies that have limited impact.
But Galaxy Securities analysts believe the appliance industry, raw materials used copper, aluminum will continue to decline in the average price.
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Article Source: http://www.earticlesonline.com/Article/-quot-2-quot--season-to-conceal-appliances-falling-profits-worry---home-appliances-to-the-countrysid/906745