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July and August are the off-season of the construction machinery industry, but this year’s off-season is not low
2022-01-21
Excavators in July exceeded market expectations with a year-on-year growth rate of 54.8%; another industry survey showed that sales of excavators (including exports) in August are expected to reach 20,800 units, a year-on-year growth rate of about 50%. As of the end of August, the major construction machinery interim reports have been released one after another. The interim reports show that most of the leading companies are showing growth trends. For example, Zoomlion's main business has grown steadily, and the sales of cranes, concrete machines, and excavators are outstanding. Sany Heavy Industry's net profit exceeded 8.4 billion, revenue increased by 13% year-on-year, and net cash flow increased by 12.54%. XCMG cranes and other products continued to exert strength, and the performance of the second quarter increased significantly compared with the previous quarter. Recently, at the BICES2021 press conference, Qi Jun, President of the China Construction Machinery Industry Association, said that although the first half of the year was affected by the epidemic, it benefited from the remarkable results achieved by my country’s national defense control and anti-epidemic work. According to statistics from the association, 2020 In the first half of the year, the sales volume of construction machinery improved month by month. "Looking forward to the whole year of 2020, it is expected that the domestic construction machinery market demand will grow steadily. Judging by the current international new crown epidemic and other conditions, this year's construction machinery exports will show greater pressure, and greater efforts will be required to maintain growth. It is expected that the whole year of 2020 The industry growth rate will reach 7%-8%." Qi Jun pointed out. The industry is booming In August, according to the survey of CME Construction Machinery Network, the sales of excavators (including export) reached 20,800 units, a year-on-year increase of about 50%. During the period, the domestic market sales reached 18,500 units, a year-on-year increase of about 60%; the export market sales reached 2,300 units. Flat. The heavy-duty truck market is constantly breaking new records. From January to August this year, the cumulative sales of the domestic heavy-duty truck market was approximately 1.0835 million vehicles. The cumulative year-on-year growth rate expanded from 30.5% from January to July this year to 35%, and the net increase was close to 280,000 vehicles. First commercial vehicle network analysts believe that, based on this growth momentum, the annual sales volume of the heavy-duty truck market reached 1.4 million, which is almost a foregone conclusion. Judging from the 2020 mid-year report of construction machinery companies, as of September 2, except for construction equipment, the remaining 11 construction machinery companies have increased their net profits attributable to their parent companies. The top companies in terms of revenue and net profit attributable to the parent are Zhejiang Dingli, Eddie Precision, Zoomlion, Hengli Hydraulics, Sany Heavy Industry, etc. [Laiyang Jiabao Auto Parts Co., Ltd.] Part of the information comes from the Internet, and strives to be safe, timely, accurate and accurate. The purpose is to transmit more information. It does not mean that it agrees with its views or is responsible for its authenticity. If the reprinted information on this website involves copyright and other issues, please contact this website in time to delete it.
The Provincial Four Entry Working Group came to our company for project inspection
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[Dazhong Daily] Laiyang: "Dual Line" Think Tank Helps Enterprises Solve Problems
2021-09-20
"Our company is undergoing the transformation of automated production line equipment, and encountered some technical difficulties. In the past two days, Professor Liu from Zhejiang University and Professor Chen from Jilin University gave us a lot of technical guidance. It is really a “Sending charcoal in the snow” for the development of our company." Laiyang Ding Jiangtao, general manager of Jiabao Auto Parts Co., Ltd. said gratefully. In the past few days, in order to help companies resume work as soon as possible and alleviate the urgent needs of companies for talents in short supply, Laiyang City has adopted the online and offline "dual-line" service model to build bridges between talents and enterprises and boost their confidence in resuming work and production.
The construction machinery industry continues to be prosperous
Qi Jun, President of the China Construction Machinery Industry Association, recently at the press conference of the 16th China (Beijing) International Construction Machinery, Building Materials Machinery and Mining Machinery Exhibition and Technology Exchange ("BICES2021"), the construction machinery industry in 2019 Realized operating income of 668.1 billion yuan, a year-on-year increase of 12%. The total operating income of key enterprise groups in the construction machinery industry from January to July 2020 totaled 235,61456 million yuan, a year-on-year increase of 17.3%. Qi Jun said that in 2019, the entire construction machinery industry achieved operating income of 668.1 billion yuan, a year-on-year increase of 12%. Although affected by the epidemic in the first half of 2020, thanks to the remarkable results achieved in the prevention, control and anti-epidemic work, measures to resume work and production in various regions have been actively implemented. According to the statistics of the association, sales volume in the first half of 2020 has improved month by month. Affected by many factors such as the effective control of the domestic epidemic, the increase in market demand brought about by new infrastructure, the replacement of new and old equipment, and the replacement of people by machines, the construction machinery industry continues to maintain a high level of prosperity. At present, enterprises and analysis institutions in the industry believe that the demand from domestic resumption of production and work, infrastructure and real estate is the main factor driving the rebound in construction machinery sales in the second quarter. At the beginning of the second half of the year, the prosperity of the construction machinery industry remained unchanged. According to data from the China Construction Machinery Industry Association, in July 2020, the 25 excavator manufacturers included in the statistics sold 19,100 excavators of various types, an increase of 54.8% year-on-year, of which 16,253 were domestic, an increase of 59.5% year-on-year. As for the excavator sales in August, many analysis agencies predict that it will exceed 20,000 units, a year-on-year growth rate of over 50%. Industry experts predict that domestic excavator sales will exceed 290,000 units in 2020, a year-on-year increase of about 24%, and the boom will continue to be high in the second half of the year. Guosheng Securities Yao Jian estimates that the annual growth rate of infrastructure investment is expected to exceed 11%, corresponding to the monthly growth rate of excavator sales in the second half of the year may exceed 20%. From June to July this year, affected by continuous rainfall, floods occurred in some parts of southern my country, which brought difficulties to the construction environment and equipment sales. Nevertheless, the year-on-year growth rate of excavator sales in June and July is still as high as 62.9% and 54.8% respectively, showing a trend of "not weak in the off-season". This shows that the construction machinery sales boom brought about by downstream demand may not abruptly cease in the second half of the year. From the analysis of various companies and institutions, it can be concluded that the year 2020 of "opening low and moving high" is likely to be a bumper year. Construction machinery manufacturers themselves remain optimistic about the prospects for the second half of the year. Relevant executives of Zoomlion said at a recent performance briefing that due to the impact of the epidemic, the peak construction season for the construction machinery industry this year will be delayed by 2-3 months. [Laiyang Jiabao Auto Parts Co., Ltd.] Part of the information comes from the Internet, and strives to be safe, timely, accurate and accurate. The purpose is to transmit more information. It does not mean that it agrees with its views or is responsible for its authenticity. If the reprinted information on this website involves copyright and other issues, please contact this website in time to delete it.
