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Machinery industry business is getting better

Source:中国机械网 Number of visits: Date:July 17,2012

With the gradual relaxation of the monetary policy, the main economic indicators have been rebound bottom, wherein, the main macroeconomic indicators of industrial related machinery industry added value of annual growth is expected in about 10%, investment growth is expected in about 20%. We expect the mechanical industry in the first half with overall economic cycle recovery, machinery industry 2012 revenue will grow by about 15%, profit growth of 10% or so.

 

Machinery industry is expected in the 3 quarter rebound bottom, in our judgment, engineering machinery early period the most difficult period is over, the second half of engineering machinery, machine tools, industrial energy saving equipment such as a cyclical industry is expected to be followed by recovery, a number of major projects, new coal chemical industry plant start-up will benefit related equipment enterprises.

 

Maintain the industry optimistic about ratings, recommendations focus on the allocation of periodic strong earthmoving machinery, machine tools, industrial energy saving equipment company, pay close attention to major projects started to bring order of investment opportunities.

 

Engineering machinery

 

Has been the most difficult period

 

With the resumption of railway, water conservancy and a number of major infrastructure projects, improved, and the sale of the property market in our judgment, the most difficult engineering machinery demand period is over, will gradually turn for the better in the second half of the year the main products demand. We expect, the engineering is mechanical 2012 annual growth of around 15%, the main varieties of sales growth of about 10% in the.

 

According to the Federation of machinery industry data, engineering machinery for the first 4 months of 2012 sales output value of 197300000000 yuan, a year-on-year increase of 0.69%, down about 34 percentage points compared to 2011 growth; of which export value is 11000000000 yuan, accounting for 5.58%, grow 43.89% compared to the same period.

 

From the trend, the downward trend continued before the 2 quarter of engineering machinery, the main products excavator May monthly sales of 10870 units, year-on-year growth of -24%, significantly lower than before about the 40% decline in April has been narrowed, key enterprises, Sany (600031), Liu Gong (000528) May sales growth has positive.

 

Machine tool

 

There is still a downward pressure

 

Considering the industry cycle machine tools is lagging behind the engineering machinery, in our judgment, the 3 quarter of the machine tool will continue to downlink, the machine tool industry in 2012 the annual growth rate is expected between 10%-15%.

 

According to the Federation of machinery industry data, the first 4 months of 2012, the domestic machine tool industry sales output value of 221400000000 yuan, a year-on-year growth of 15.01%, growth rate than in 2011 fell 16 percentage points. Among them, the export value of 13200000000 yuan, accounting for 5.96%, grow 14.12% compared to the same period; the main products of metal cutting machine tool production before April year-on-year growth of -8.85% machine tool numerical control device, a year-on-year growth of 169.86%.

 

Heavy mining machinery

 

The rapid decline in demand growth

 

Although in the past period of time, the national development and Reform Commission approved Guangxi garrison in Hong Kong and Guangdong Zhanjiang iron and steel project, but considering the reality of the situation of iron and steel industry overall overcapacity, the decline in business efficiency, the next period of time is still difficult to optimistic heavy mining machinery.

 

According to the Federation of machinery industry data, the first 4 months of 2012, domestic sales of heavy mining machinery industry output value of 274200000000 yuan, a year-on-year growth of 15.03%. Among them, the export value of 21000000000 Yuan, accounting for 7.66%, grow 29.57% compared to the same period; the main products of mine special equipment, metal smelting equipment and metal rolling equipment in April before the production year-on-year growth of 31.44%, 17.67% and 23.45%.

TypeInfo: Industry News

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