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2015 Analysis Of Economic Operation In The Furniture Industry In The First Quarter

Sep 11, 2015

Research Institute News: by the end of March 2015, bamboo and cane furniture enterprises above designated size in China, 79 losses and 9; bamboo, rattan furniture industry in China with total assets of 7.947 billion yuan, an increase of 11.69%, total liabilities 5.068 billion yuan, an increase of 8.16%. Judging from the solvency, 2015 a quarter of China's bamboo, rattan furniture industry asset-liability ratio of 63.77%.

First quarter of 2015, bamboo, rattan furniture industry sales in China of 3.349 billion yuan, an increase of 12.29%, industry sales top 5 provinces, respectively in Zhejiang Province, Anhui Province, Guangdong, Henan and Hunan provinces. Industry profits amounted to 179 million Yuan, an increase of 56.89% and total profit ranked the top 5 provinces namely, Henan province, Zhejiang, Guangdong, Anhui and Hunan provinces. From the business benefits, 2015 1 March, gross margin was 13.67% of bamboo and rattan furniture industry in China, cost margins of 5.68%.