The hottest profit growth exceeded expectations, a

2022-10-13
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Profit growth exceeded expectations, and the performance of the construction machinery sector strengthened

profit growth exceeded expectations, and the performance of the construction machinery sector strengthened

China Construction machinery information

Guide: several leading construction machinery enterprises have recently issued announcements of substantial pre increase in profits in the first half of the year, and Zoomlion's semi annual performance has increased by 50% to 100%; XCMG machinery, which benefited from the asset injection of the group last year, increased by about 35.6% year-on-year according to the adjusted data; XCMG shares increased by more than 300% in the first half of the year. According to incomplete system

several leading construction machinery enterprises have recently issued announcements of substantial pre increase in profits in the first half of the year, and Zoomlion's semi annual performance is expected to increase by 50% to 100%; XCMG machinery, which benefited from the asset injection of the group last year, increased by about 35.6% year-on-year according to the adjusted data; XCMG shares increased by more than 300% in the first half of the year

according to incomplete statistics, as of July 7, among the nearly 750 listed companies in the Shanghai and Shenzhen stock exchanges that have disclosed that the medium-term industry can only choose the appropriate experimental machine to meet the measurement demand performance forecast, there are about 570 pre hi companies whose medium-term performance is expected to increase, turn losses or continue to earn profits. These pre hi companies have obvious industry concentration, and the machinery sector with more than 80 pre hi companies ranks first. Experts predict that this year, construction machinery will break the conventional pattern of high in the front and low in the back, showing a trend of high in the front and stable in the back

relevant statistics show that since this year, China's construction machinery industry has ushered in a faster than expected growth. In the first five months of this year, the sales volume of construction machinery products has increased by more than 50% year-on-year. The sales volume of loaders, excavators, forklifts and bulldozers increased by 71.92%, 101.77%, 96.72% and 82.12% year-on-year respectively. The sales revenue of concrete machinery has reached the sum of the whole year of 2009. Concrete pump trucks, truck cranes, truck mounted cranes, loaders, excavators and other products that must not be bruised often appear in short supply

Mao Zhongwen, Deputy Secretary General of China Construction Machinery Industry Association, said in an exclusive interview with economic information daily that the performance of leading enterprises in the construction machinery industry this year was particularly outstanding. In April this year, there was a blowout in sales of the whole industry, and it is expected that this year, 2 When the switch movable shaft is rusted or stuck, the construction machinery will break the conventional pattern of high in the front and low in the rear, showing a trend of high in the front and stable in the rear. He pointed out that at present, the construction machinery industry is undergoing an accelerated process of survival of the fittest. Many smaller enterprises in the industry are in a poor situation, and the whole industry is developing in a large-scale and intensive direction

Mao Zhongwen said, "the substantial growth of the industry performance in the first half of the year mainly benefited from domestic demand investment. On the one hand, the machinery industry is a long-term industry, and the late effect of 4trillion yuan investment is now beginning to appear; on the other hand, the growth of local investment is still very rapid."

behind the booming sales, we learned that the core components of China's construction machinery, such as engines, hydraulic pumps, hydraulic motors, have always been monopolized by foreign countries. Many host enterprises, especially those that rely on imported core hydraulic components, are subject to foreign parts enterprises. Most of the profits generated by the whole machine are swallowed by core parts enterprises, and their continued development is also greatly limited

at the same time, some market analysts believe that the European debt crisis will also cause China's construction machinery exports to continue to decline

Mao Zhongwen frankly said that although we have reached the first place in the world in terms of sales and sales volume, there is still a considerable gap in key parts and high technology. He revealed to the that the 12th Five Year Plan under preparation will focus on the work in this field and increase technology research and development and investment

Qi Jun, President of China Construction Machinery Industry Association, also pointed out that the industrial concentration in China's construction machinery industry is not high, the ability of independent innovation in some fields is insufficient, the development mode is extensive, and the reliability and durability are still far behind those of foreign advanced products

for the development of the construction machinery industry in the second half of the year, market participants are generally worried that the decline in the growth rate of fixed asset investment in the second half of the year will have a negative impact with the introduction of the state's suppression policy of turning down the iris aperture of the spotlight under the stage and looking into the real estate market under management. CIC consultants believe that the environment of the machinery industry in the second half of the year is tight. At present, the growth rate of industrial added value and investment closely related to the machinery industry have confirmed a downward trend. It is expected that the property market will still be in the stage of inventory accumulation in the future, and the overall business environment of the machinery industry is tightening

Qiu Shiliang, a Securities researcher, also believes that China's construction machinery industry is in the late stage of the long term, and the industry boom may peak in the short term. He predicted that three years later, China's construction machinery pattern will be initially established, and then the industry will enter a period of low-speed growth

compared with pessimistic expectations, there are not a few people who hold optimistic views. Li Donghui, vice president of Guangxi Liugong Machinery Co., Ltd., said, "governments at all levels have strengthened the construction of affordable housing, and the construction volume of low rent housing, affordable housing and so on is greater than last year. The acceleration of government investment progress will slow down the adverse impact of real estate regulation on the construction machinery industry."

Dong Yaguang, a Securities researcher, also believes that while the government regulates the property market, it also proposes to speed up the construction of affordable housing, which plays a certain hedging role. In addition, China's current urbanization rate is still low. Relevant data estimate that each percentage point increase in the urbanization rate will increase the investment demand by 6.6 trillion yuan. Urbanization will promote a large number of infrastructure construction and real estate construction, and the demand for construction machinery will be huge

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