The hottest machinery industry seeks export in the

2022-08-19
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Machinery industry: explore exports in the lag effect of investment pull

Machinery Industry: explore exports in the lag effect of investment pull

China Construction machinery information

Guide: stimulated by the unexpected growth of sales data, the recent strong performance of construction machinery stock price. 3 since the last ten days, the construction machinery index has outperformed the Shanghai and Shenzhen 300 index by 3.26 percentage points, of which Xingma automobile, Hebei Xuangong and Sany Heavy Industry have increased by more than 10%. Only one of the three push shares did not outperform the Shanghai and Shenzhen 300 index

stimulated by the unexpected growth of sales data, the share price of construction machinery has performed strongly recently. 3 since the late part of the year, the construction machinery index has outperformed the Shanghai and Shenzhen 300 index by 3.26 percentage points, of which Xingma automobile, Hebei Xuangong and Sany Heavy Industry have increased by more than 10%. Only santui shares did not outperform the CSI 300 index by 1 once the barrel reached this temperature

we see the potential of rapid growth in the whole year in the sales data in August. Following the booming sales in the fourth quarter of 2009, the sales of various products in the construction machinery industry continued to grow at a high rate year-on-year in the first quarter of 2010. From January to February, the growth rate of the industry's sales output value was 54.4, and the number of short-distance electric transport terminals increased by 3%. March and April are the traditional peak seasons for industry sales. According to the Convention, industry sales will naturally rise higher on the basis of the hot January and February. We judge that in March and April this year, which is the first half of the year, industry sales are expected to achieve a high growth of 30% or more year-on-year and month on month. Leading enterprises in the industry will achieve more than half of their sales and achieve the goal of two-thirds of their profits in the whole year. Therefore, in the industry's booming sales data in January, we can basically judge the sustained high growth of the industry in the first half of the year, and the high growth of the annual profitability of leading enterprises has also been clear

the booming sales of the industry in the first half of this year is the result of the lagging effect of 4trillion investment. In response to the once-in-a-century financial crisis, China launched a 4trillion investment plan at the end of 2008. According to the project cycle, the first quarter of 2009 is the stage of project application, approval and implementation of funds. In the second quarter, land leveling and relocation will enter the early stage, and land-based projects will enter the construction period in the third and fourth quarters. In 2009, the sales of construction machinery industry also started from the second quarter, and entered a high-speed growth in the third quarter, which is basically consistent with the progress cycle of the four trillion investment project. As the third quarter is the plum rain season in the South and the fourth quarter is the severe winter in the north, this will inevitably affect the normal progress of some engineering projects. Therefore, in the first half of this year, there will still be a large number of 4trillion investment projects entering the construction phase with high market concentration of copper clad laminate manufacturers. Coupled with the continued construction scale of new projects started last year, it will inevitably drive the construction machinery industry to maintain a strong sales trend. In addition, the continuous recovery of the domestic economy has also led to the rapid recovery of downstream demand for coal, which has expanded the imagination space for the sustained high growth of the industry

export recovery was the highlight of the construction machinery industry in 2010. In 2009, the delivery value of the industry's exports fell by 49.16%. Judging from the signs of export recovery that have emerged so far, the industry's exports will recover to a positive growth of 10% or more in 2010. The huge jump from 49% decline to 10% growth is bound to be an important clue for us to explore the industry elasticity in the lagging effect of investment pull

regional economic revitalization and key projects are important supports for industry demand. Although the growth rate of national fixed asset investment this year will no longer have a high growth level of more than 30% last year, the promotion of urbanization in the central and western regions, including the revitalization plans for the construction of Haixi, Guangxi and Wanjiang economic regions, as well as a number of national, provincial and municipal key projects that have started and are about to start, we judge that there is no need for real estate investment and industrial investment in 2010, China's fixed asset investment will achieve a growth level of more than 20%. Therefore, regional economy and key projects will be an important support for industry demand in 2010

in a word, we have seen the high growth potential of 30% or more in the industry in the first half of the year in the peak sales data of the first quarter. The support of this high growth mainly comes from the lag effect of investment pull, the recovery of demand in downstream industries such as coal, and the jump recovery of exports. Although we will face structural adjustment in the second half of the year, what kind of carton compression testing machine is of good quality? Under the pressure of tight credit, the revitalization of regional economy and the construction of key projects are expected to support the industry to maintain a certain level of growth. We expect the industry to grow by about 20% in 2010

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