Rapid growth in industrial profits in the first half of the year, the oil and gas exploration industry grew 3.1 times

Abstract On July 27th, the National Bureau of Statistics released the profit data of industrial enterprises above designated size in the first half of 2018. In this regard, Dr. He Ping from the Industrial Division of the National Bureau of Statistics conducted an interpretation. He Ping said that in the first half of the year, China's industrial profits have achieved rapid growth, and the supply-side structural reforms have achieved remarkable results.

On July 27, the National Bureau of Statistics released the profit data of industrial enterprises above designated size in the first half of 2018. In this regard, Dr. He Ping from the Industrial Division of the National Bureau of Statistics conducted an interpretation. He Ping said that in the first half of the year, China's industrial profits achieved rapid growth, the supply-side structural reforms achieved remarkable results, and the overall benefits of industrial enterprises improved. Among them, the new profits are mainly from industries such as steel, building materials and oil exploration. He Ping believes that although the growth rate of industrial production in June has declined from May, the price increase has obviously supported the growth of profits.

According to the financial data of industrial enterprises released by the National Bureau of Statistics, in the first half of this year, the profits of industrial enterprises above designated size increased by 17.2% year-on-year, and the growth rate was 0.7 percentage points higher than that in January-May. Among them, the profit in June increased by 20%, and the growth rate dropped by 1.1 percentage points from May.

First, the supply side structural reforms have achieved remarkable results

First, the cost continues to decline. In the first half of the year, the cost and expenses of the main business income per 100 yuan of industrial enterprises above designated size were 92.57 yuan, down 0.4 yuan year-on-year; among them, the cost per 100 yuan of main business income was 84.42 yuan, down 0.37 yuan year-on-year. Second, the leverage ratio continues to decrease. At the end of June, the asset-liability ratio of industrial enterprises above designated size was 56.6%, down 0.4 percentage points year-on-year. Among them, the asset-liability ratio of state-owned holding companies was 59.6%, down 1.2 percentage points year-on-year, and the effect of de-leveraging by state-owned enterprises was more obvious.

Second, the overall improvement of the efficiency of industrial enterprises

First, profitability has increased significantly. In the first half of the year, the profit margin of the main business of industrial enterprises above designated size was 6.51%, an increase of 0.41 percentage points year-on-year. Second, the turnover of finished goods inventory accelerated. At the end of June, the inventory turnover days of finished products of industrial enterprises above designated size were 16.4 days, a decrease of 0.1 days compared with the same period of last year.

Third, the new profits mainly come from industries such as steel, building materials and oil exploitation.

In the first half of the year, the industries with more new profits were mainly: oil and natural gas mining, profits increased by 3.1 times; ferrous metal smelting and rolling processing industries increased by 1.1 times; non-metallic mineral products industry, increased by 44.1%; chemical raw materials and chemicals Product manufacturing, an increase of 29.4%; electricity, heat production and supply, an increase of 27.4%. The contribution of these five industries to the profit growth of all industrial enterprises above designated size is 67%.

Fourth, the price increase boosted the rapid growth of profits in June

Although the growth rate of industrial production in June was lower than that in May, the price increase has obviously supported the growth of profits. In June, the ex-factory price of industrial producers rose by 4.7% year-on-year, an increase of 0.6 percentage points over May. The purchase price of industrial producers rose by 5.1% year-on-year, and the growth rate was 0.8 percentage points higher than that in May. According to estimates, the price change in June boosted profit growth by 0.3 percentage points over May.

ABS plastic,full name acrylonitrile–butadiene–styrene copolymer,

Acrylnitrile butadiene Styrene copolymer has a good thermal and dimensional stability and high impact strength(also at low temperature).It is strong,shows a good scratch resistance and has a good dimensional stability .ABS Plastic can be used in temperatures ranging from -50'C to +70'C .it mainly have ABS SHEET,ESD ABS SHEET,FIREPROOF OF ABS SHEET,ABS+PC SHEET.

 

Classification:

ABS plastic according to impact strength can be divided into: ultra high impact type, high impact type, medium - resistant type and so on;

ABS plastic  can be divided into: injection, extrusion, pressure delay, vacuum and blow molding.

ABS plastic  can be divided into: general grade, heat resistance grade, plating grade, flame retardant grade, transparent grade, anti-static, extruding plate and pipe grade, etc.

 

Advantages:

1.Good mechanical strength, high impact strength

2.Resists scratching, Excellent abrasion resistance

3.Good electrical properties, moisture and creep resistance

3.High dimensional stability, good luster

4.Good chemical and stress cracking resistance to inorganic salt solutions, alkalis and many  acids(strong oxidizing acids is a exception).


Disadvantages:

1.Endurance in water ,endurance in corrosion of inorganic salt. But not endurance in organic solvent.

2.ABS Plastic is easily to cracked by the effects of the organic solvent.

3.Poor weather resistance, easily to change color and become brittle because of the sunlight.

 

Application:

1. Electronics & electric appliances: antenna socket, coil former, wiring board, convertor, speaker,connector, and other parts;

2. Food industry parts;

3. Building model, model mockup;

4. Electronic industrial parts, freezer and refrigeration industry;


 

Notes:

1. ABS Plastic is strict requirements for flame retardant grade ABS to prevent the decomposition of flame retardants.

In the start of the power, the cartridge should be cleaned with general grade ABS plastic  and then processed.

(point to stop for more than 20 minutes before the downtime), on the one hand must cut cylinder temperature below 100 ℃, on the other hand must be emptying the material inside the cylinder, and general level ABS cleaning cylinder rear can stop.

The purpose is to make flame retardant ABS not decomposed.

2. The use of reworked material for primary or secondary sex thousand net, without impurities, no decomposition of ABS plastic  reworked material, can be used directly after crushing, also can mix with the new material, the mixing ratio is generally not more than 25% of the new material, so as not to affect performance.

For more than 5 times more than 5 times or adding the fresh material with colorant, generally not mixed with the new material, mainly to prevent the color difference.

ABS Plastic must be dried and processed in accordance with the regulations, whether it be separately regenerated or mixed with new materials.

Combustion characteristics

 

Specification: the diameter of the ABS Plastic rod can be produced from 2mm to 250mm. The conventional length is 1000mm, and the length is unlimited.

The thickness of ABS Plastic sheet material can be produced from 0.3mm to 1.9mm, the normal width is 600mm, the width cannot exceed 1200mm, the length is not limited.

The thickness of plate can be produced from 2mm to 180mm, the usual specification of 2-10mm is 1000mm* 2000mm, and the commonly used specification of 10-180mm is 600*1200mm. ABS Plastic can also be customized according to requirements, and the width cannot exceed 1200mm, and the length is not limited

 

Color: beige or  white, can also be made black and color, and the color order is 500KG.


 

Modified varieties:ABS Plastic can be added to the fiberglass, copper powder and molybdenum disulphide to enhance the bar.

Add antistatic agent to the permanent antistatic electric bar, and the volume resistance value is between 6 to 9 power of 10.

Add flame retardant to flame retardant rod from UL 94V-0 to HB flame retardant grade. Other modification requirements are customized according to customer's actual use.

 

Product certification: ABS Plastic  most environmental certification reports and safety reports for raw materials, such as SGS report, CTI report, UL report, MSDS safety information, etc.

Abs Plastic Sheet

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