Zhitong Financial APP learned that on December 29, the China Shipbuilding Industry Association announced that from January to November, 75 key monitoring shipbuilding enterprises achieved 280.33 billion yuan in main business income, an increase of 11.3 percent over the same period last year, and profits totaled 7.54 billion yuan, an increase of 109.4 percent over the same period last year. From January to November, China's shipbuilding industry maintained a steady development trend, the international market share of the three major shipbuilding indicators continued to lead, and the efficiency of shipbuilding enterprises continued to improve.

The original text is as follows:

From January to November, China's shipbuilding industry maintained a steady development trend, the international market share of the three major shipbuilding indicators continued to lead, and the efficiency of shipbuilding enterprises continued to improve.

I. two declines and one increase in the country's three major shipbuilding indicators

From January to November, shipbuilding nationwide completed 33.9 million deadweight tons, down 5.5 percent from the same period last year. Orders for new ships were 39.6 million deadweight tons, down 37.8% from the same period last year. At the end of November, orders for hand-held ships were 103.61 million deadweight tons, up 7.5 per cent from a year earlier.

Export ships completed nationwide were 28.38 million deadweight tons, down 15.0% from the same period last year; orders for export ships were 35.45 million deadweight tons, down 37.9% from the same period last year; and orders for hand-held export ships were 92.42 million deadweight tons at the end of November, an increase of 7.9% over the same period last year. Export vessels accounted for 83.7%, 89.5% and 89.2% of the completed shipbuilding, new orders and hand-held orders, respectively.

II. Focus on monitoring enterprise indicators

1. Two decreases and one increase in the three major indicators of shipbuilding enterprises

From January to November, 50 key monitoring shipbuilding enterprises completed 32.03 million deadweight tons, down 8.9 percent from the same period last year. Orders for new ships were 37.2 million deadweight tons, down 40.2% from the same period last year. At the end of November, orders for hand-held ships were 100.54 million deadweight tons, up 6.1 per cent from a year earlier.

From January to November, 50 key monitoring shipbuilders completed export ships of 28.34 million deadweight tons, down 15.0 percent from the same period last year; orders for export ships were 34.95 million deadweight tons, down 38.2 percent from the same period last year; and orders for hand-held export ships were 92.39 million deadweight tons at the end of November, an increase of 9.4 percent over the same period last year. Export ships accounted for 88.5%, 94.0% and 91.9% of the completed, newly received and hand-held orders of key shipbuilding enterprises, respectively.

2. The number of ship repair enterprises completed has increased compared with the same period last year.

From January to November, 15 key monitoring ship repair enterprises completed 2900 ship repairs, an increase of 0.4 percent over the same period last year.

3. The production quantity of marine diesel engine is decreasing.

From January to November, eight key manufacturers of marine diesel engines produced a total of 13209 medium -, low-and high-speed diesel engines, down 13.8 percent from the same period last year, and the completed power was 11.41 million kilowatts, an increase of 6.5 percent over the same period last year.

4. The gross industrial output value of shipbuilding enterprises increased compared with the same period last year.

From January to November, 75 key monitoring shipbuilding enterprises completed a total industrial output value of 366.68 billion yuan, an increase of 5.9% over the same period last year. Of this total, the output value of shipbuilding was 139.61 billion yuan, up 12.7 percent over the same period last year; the output value of supporting ships was 32.12 billion yuan, up 8.4 percent over the same period last year; and the output value of ship repair was 18.1 billion yuan, up 12 percent over the same period last year.

5. The benefit of shipbuilding enterprises is increasing compared with the same period last year.

From January to November, 75 key monitoring shipping enterprises achieved 280.33 billion yuan in main business income, an increase of 11.3 percent over the same period last year, and profits totaled 7.54 billion yuan, an increase of 109.4 percent over the same period last year.

III. The international market share of the three major indicators of shipbuilding remains in the lead.

From January to November, China's shipbuilding completion, new orders and hand-held orders accounted for 45.5%, 53.1% and 48.5% of the world market share, respectively.

IV. Three major indicators revised two increases and one decrease in total tons

From January to November, the national shipbuilding completion volume was 11.25 million modified gross tons, an increase of 7% over the same period last year, and the new ship orders were 18.22 million revised gross tons, down 18.7% from the same period last year. As of the end of November, the order volume of hand-held ships was 43.9 million modified gross tons, an increase of 21.7% over the same period last year.

In terms of revised gross tonnage, China's shipbuilding completion, new orders and hand-held orders account for 41.8%, 47.2% and 41.8% of the world market share, respectively.

This article is edited from the official account of China Shipbuilding Industry Association, Zhitong Financial Editor: Wang Jie.