ASKCI Consulting Co., Ltd.
There were 769 million pieces of furniture have been manufactured in 2015 in national wide; which included over 370 pieces of metal furniture, and the output of wooden furniture decrease from 263 million pieces to 253 million pieces from 2014-2015, the YoY growth rate was about 9% drop. Guangdong province was the major manufacture province that has outputted 51 million pieces of wooden furniture in 2015.
The accumulated value of imported and exported furniture was about RMB94 billion in Jan-Jul, 2015, the YoY growth rate was about 2.04%. Based on National Bureau of Statistics, the accumulated revenue of above scale companies was over RMB780 billion in 2015, the profit was over RMB50 billion.
There are 9 listed companies in furniture manufacture industry in China; the 9 listed companies have been made over RMB17 billion in revenue totally, and the total market capitalization has reached over RMB33 billion. Guangdong Yihua Timber Industry Company was the one with the largest market capitalization, and it has made most revenue among 9 listed companies.
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