[Core viewpoint].
Approaching the Spring Festival, with the gradual contraction of downstream construction steel demand, the market began to pay attention to the situation of construction enterprises suspending work and holidays before the holiday. In response to this hot topic, the mysteel research team conducted research and analysis on 19 large-scale construction enterprises in seven regions across the country, and the research content focused on the company's financial situation, pre-holiday shutdown and post-holiday resumption time. The results of the survey are as follows:
37% of the companies are in a mediocre financial situation, 4211% of the companies are in a tight financial situation, and the vast majority of companies are generally tight;
2. Approaching the Spring Festival, 5263% of businesses are completely shut down, 7895% of workers have returned to their hometowns, 7222% of projects were largely the same as last year;
3. After the Spring Festival, 5789% of workers return to work on and after the fifteenth day of the first month, 6316% of the projects resumed after the fifteenth day of the first month, 6316% of the projects resumed work in the same time as last year.
[Text].
First, the funds of enterprises are generally tight, and most of the workers have stopped work and returned to their hometowns
In terms of corporate capital, 4737% of enterprises are in a mediocre financial situation, 4211% of companies are in a tight financial situation, compared to only 1053% of companies are well-funded. The results show that the funds of the vast majority of enterprises are generally tight, reflecting that the payment collection situation of construction enterprises before the holiday is not optimistic, which may affect the scale of the project after the holiday, and then lead to the recovery of building materials demand is difficult to exceed expectations.
In terms of returning to their hometowns after work stoppage, 52 of the current downstream construction enterprises63% of businesses are completely shut down, 3158% of businesses partially shut down, only 1579% of businesses did not shut down. In addition, the situation of workers going and staying, 7895% of enterprise workers have returned to their hometowns, 15Seventy-nine per cent of enterprise workers did not return to their hometowns.
Compared with last year's shutdown and return time, 7222% of businesses have downtime basically the same as last year, 1667% of businesses have a slightly earlier shutdown, 1111% of businesses have slightly delayed their shutdowns. On the whole, most of the shutdown time of enterprises this year and last year's shutdown time are the same.
Second, the resumption time of more than half of the enterprises after the holiday is the same as last year
Judging from the time of returning to work after the holiday, 5789% of enterprise workers return to work on the fifteenth day of the first month and later, 1579% of enterprise workers returned to work after the twentieth of the first month and after March, 1053% of enterprise workers returned to work before the 15th day of the first lunar month.
Judging from the resumption of work after the holiday, 6316% of enterprises resume work after the fifteenth day of the first month (including the sixteenth day of the first month), 1579% of enterprises resume work after the twentieth day of the first month, 2105% of enterprises will resume work in March or after mid-term. The resumption of work after the holiday and the return time of workers are basically the same.
Compared with last year's resumption of work, 6316% of enterprises have basically the same resumption time as last year, 2105% of enterprises have slightly delayed the resumption of work compared with last year, 1579% of enterprises have delayed the resumption of work compared to last year. On the whole, more than half of the enterprises resumed work after the holiday this year at the same time as last year.
Conclusion:
Approaching the Spring Festival, downstream construction enterprises have stopped work one after another, and workers have returned to their hometowns one after another, but because the overall financial situation is not particularly poor, the difference between the shutdown time of construction enterprises before the holiday this year is not obvious compared with last year.
In addition, the overall amount of new special bonds in the first quarter of this year was about 1 trillion yuan, although the scale was smaller than 136 trillion yuan, but fortunately, in the fourth quarter of last year, the additional 1 trillion yuan of treasury bonds is expected to be issued and used in the first quarter of this year, plus the cumulative net increase of 500 billion yuan of mortgage supplementary loans since late December last year. Therefore, the total amount of project funds in the first quarter of this year is relatively abundant, and the market funds after the holiday may be expected to improve compared with the pre-holiday period, resulting in the resumption of work after the holiday this year compared with the same period last year.