A Half of SMEs in the Pearl River Delta Faced Losses

Recently, the Guangdong Province and Zhejiang Province from two research reports were disclosed, point to the same fact: This year, with the costs, monetary tightening, SMEs operating difficulties, the situation is grim, even more than the 2008 financial crisis more serious. Guangdong Province, the research done by the Information Committee reported that 50% of the surveyed companies said in a loss or profit margin of less than 2%, only 22.2% of the companies that profit margin of 5% or more.

Moreover, due to financing difficulties, most SMEs rely on own funds struggled. In the Pearl River Delta, 79.6% of the surveyed enterprises have the liquidity gap, 33.4% of the companies in which the liquidity gap at 10%. The bank lending to SMEs are basically floating interest rate of 30%, the discount rate to 4% to 5%. Moreover, the credit may not be able to. Small business owners told reporters the South, almost to the bank loans little hope.

Guangdong SMEs operating difficulties or over 2008

Guangdong Province, the situation is more typical. According to the Southern reporter, Guangdong Province, appointed by the letter under the SME Board made a special study in the Pearl River Delta, Guangdong Province, twenty-seventh session of the Eleventh Standing Committee July 27, considered in Guangdong Province, "the first half of 2011, the National economic and social development plan implementation report "cited in the research report disclosed, the Pearl River Delta about 200 small and medium industrial enterprises in the survey analysis shows that this year the production and operation costs continue to rise. 80% of businesses overall cost of production has increased compared to last year, of which 19% of businesses rose more than 20%. In the first half, Guangdong Industrial producer price index (PPI) rose 3.8 percent, industrial producer price indices (IP I) rose 7.6%, up 3.8 percentage points scissors, and scissors compared to small and medium enterprises greater.

The report notes that small and medium enterprises in Guangdong is facing the financial crisis of 2008 different difficulties. Reflect some of the surveyed enterprises, cleaning up the financial crisis, business inventory, orders dropped, but if the order can be accessed by companies, production is still profitable. At present there are orders to do, even if the order is difficult to take a profit. 50% of the surveyed companies said in a loss or profit margins less than 2%, only 22.2% of the companies that profit margin of 5% or more.

Guangzhou Hao Trading Co., Ltd. Executive Director and General Manager Yu Shiwei to accept all reporters, said the South, compared with 2008, due to recovery in external demand, export orders to improve the business lot. But now, more appreciation of the RMB exchange rate, production and operations costs a lot, financing more difficult than in 2008. For example like him trade enterprises, operating cost pressures are relatively small, but the exchange rate and financing is very troubled. Of their customers is manufacturing enterprises, "more pressure," he said, "Many factories do not want to do, but also can not go on."

In addition, in late June to early July, the National Development Research Institute of Peking University joint Alibaba small and medium enterprises in Zhejiang have also done an investigation. The results showed that, compared with previous years, mainly facing small businesses this year, labor costs, raw material prices, RMB appreciation, tight end models, the power supply constraints, the cost of higher taxes and other pressures. Compared to 2010 as a dividing point of view, since early 2010, 81.67% of respondents indicated that there is upward pressure on labor costs, 81.43% of respondents faced with the pressure of rising raw material costs, 48.11% of the respondents by the renminbi appreciation pressure. In early 2010, before the three figures were 5 2.1 0%, 55.56% and 32.95%, significantly lower than it is now. This means that enterprises are facing closure of the business is not a lot of pressure, severe than before 2010.