Construction machinery is an important part of equipment industry. Generally speaking, all mechanical equipment necessary for comprehensive mechanized construction works required for earthwork construction works, pavement construction and maintenance, mobile lifting and loading and unloading operations and various construction works are called construction machinery.
In 2019, the demand for equipment renewal increased, and the profits of core enterprises exceeded expectations
Driven by downstream infrastructure demand, stock equipment renewal and other factors, the annual performance of the leader in the construction machinery industry in 2019 generally exceeded expectations. In 2019, the net profit attributable to the parent company of Sany Heavy Industry was RMB 11.207 billion, with a year-on-year increase of 88.23%; In 2019, Zoomlion's net profit attributable to the parent company was 4.371 billion yuan, a year-on-year increase of 116.42%; In 2019, the net profit attributable to parent company of XCMG machinery was RMB 3.621 billion, with a year-on-year increase of 76.89%.
In March 2020, the construction machinery industry will release the demand in peak season
According to the statistics of China Construction Machinery Industry Association, from January to April 2020, the 25 excavator manufacturers included in the statistics sold 114056 excavators, a year-on-year increase of 10.5%; Including 104648 sets in China, accounting for 92% of the overall market sales; 9408 sets were exported, accounting for 8% of the overall market sales.
From January to April 2020, the 23 loader manufacturing enterprises included in the statistics sold 40943 loaders of various types, a year-on-year decrease of 7.04%. China's domestic market sales volume is 32805 sets, accounting for 80% of the total sales volume; The export sales volume is 8138 sets, accounting for 20% of the total sales volume.
Looking forward to the whole year, the Growth Logic of the construction machinery industry remains unchanged, and the overweight of infrastructure investment is expected to further increase the sales volume of the construction machinery industry. It is expected that the industry will resume growth in the second quarter and the whole year, and the annual revenue and profit of main engine plants and core supporting enterprises are still expected to maintain a double-digit growth.
Post time: Jul-29-2021