Ministry of Economic Affairs: revenue of manufacturing listing companies weakens in 104

Ministry of Economy: The revenue of listed companies in manufacturing industry weakened in 104

(Taiwan TB News Network/Reporter Zhang Jiajun) The Ministry of Economic Affairs recently submitted a statistical report on the revenue of listed companies in the manufacturing industry, the contents of which are as follows:

1. Consolidated revenue: 104 years of consolidated revenue for the first time in nearly six years negative growth

According to the data collated by the stock exchange, affected by weak global demand, continuous decline in oil and steel prices, and continued increase in international competition, the operating income of listed companies in the manufacturing industry decreased from 23.4 trillion yuan in the previous year to 23 trillion yuan, a decrease of 1.7% annually, which was the first negative growth in the past six years. Among the top seven industries, oil and coal products industry, chemical materials industry and basic metals industry all showed double-digit recession. Computer electronics and optical products revenue alone increased 4.2% year-on-year.

2. Net profit after tax: net interest rate is greater than 5% for 2 consecutive years, indicating that the cost control of the enterprise is good.

The profitability of manufacturing industry has been stable in recent 3 years, with net profit after tax reaching more than 1 trillion yuan. In 104, net profit after tax of manufacturing industry was 1.2051 trillion yuan, and net interest rate was 5.2%, accounting for stable 5% for two consecutive years. Among them, chemical materials industry, petroleum and coal products industry decreased their purchase costs due to benefiting from oil prices, and the spread widened. Net interest rates were 7.9% and 7.6% respectively, which were new highs in recent 5 years, and increased by 3.7 and 6.4 percentage points respectively compared with the previous year. The net profit margin of the electronic components industry was 10.3%, which remained at double-digit level for two consecutive years, but decreased by 1.8 percentage points from the previous year due to fierce price competition in the memory, panel and chip markets and increased capital technology investment.

3. R & D expenditure: R & D expenditure accounted for 2.5% of revenue in 104, a record high

In 104, R & D expenditure of listed companies in the manufacturing industry was 577.5 billion yuan, with an annual growth rate of 6.0%. R & D expenditure accounted for 2.5% of revenue, a record high over the years, indicating that the manufacturing industry has continued to lay a solid foundation for R & D in recent years to enhance the competitiveness of enterprises. Among them, R & D expenditure of electronic components industry was 282.9 billion yuan, accounting for 5.7% of revenue of the industry, rising for five consecutive years. The R & D expenditure of the computer, electronic and optical products industry was $196.5 billion, accounting for 1.9% of the industry's revenue, also up 0.1 percentage point from a year earlier.

Observing the top five companies in manufacturing R & D expenditure in order: TSMC, Hon Hai, MediaTek, Pegatron and Delta, the R & D amount reached a record high, totaling 196.7 billion yuan, accounting for 34.1% of manufacturing R & D expenditure, an increase of 8.2 percentage points over 1998.

4. Fixed asset investment: 104 years fixed asset investment is the highest level in recent 3 years

In 104, the investment in fixed assets of listed companies in the manufacturing industry was 1 trillion 205.5 billion yuan, the highest level in the past three years, with an annual increase of 3.7%. Among them, the investment in the electronic components industry was 661.3 billion yuan, with an annual increase of 1.4% for three consecutive years. This was mainly due to the fact that the foundry industry raised the technical threshold in order to improve product efficiency. The computer, electronic and optical products industry invested RMB142.3 billion, up 41.7% year-on-year, in response to customer demand for mobile communication capacity and assembly efficiency. The food industry decreased by 20.5% year-on-year, mainly due to the slowdown in plant expansion by some food companies in line with the change in environmental protection policies in the mainland of China and the adjustment of business strategies.

Looking at the top five companies in fixed asset investment in manufacturing industry in order: TSMC, Hon Hai, UMC, Huayake and AU, the total amount reached 475.5 billion yuan, accounting for nearly 40% of fixed asset investment in manufacturing industry, a new high in recent years, up nearly 14% from 1998.

▲ Ministry of Economy: The revenue of listed companies in manufacturing industry weakened in 104