70% of the hottest two wheel drive machinery compa

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70% of the companies in the two wheel drive machinery industry have guaranteed performance

recently, the market has adjusted significantly, and looking for valuable varieties has become the best choice for investors to avoid risks. In particular, the annual report period has come, and the annual report performance has become an important factor affecting the value center of individual stocks. In December 2009, the sales volume of the machinery industry generally rebounded, the export performance also improved, and the corporate profits and cash flow continued to improve. The investment opportunities of the industry are likely to gradually expand around the annual report

70% of listed companies have guaranteed performance

the statistics of the Securities Market Research Center show that as of yesterday, only one small and medium-sized board company in the machinery listed company, julun shares (002031), announced its 2009 annual report, achieving earnings per share of 0.33 yuan, and net profit increased by 12.59% year-on-year. It is worth mentioning that under the storm of the global financial crisis, the company's direct exports increased by 13.1542 million yuan, an increase of 24.7% year-on-year

a total of 46 of the 96 listed machinery companies have issued performance forecasts for 2009, of which 26 are expected to have good performance, including 15 with pre increased performance, and 7 with pre increased net profit of more than 100%, including XCMG Technology (000425), Nantong Technology (600862), Zhonglu Co., Ltd. (600818), standard stock (600302), Xingma automobile (600375), Huadong CNC (002248), Shanhe intelligent (002097); Nine companies with slightly increased performance, including Hailu heavy industry (002255), Dayang electric (002249), Hanzhong precision machinery (002158), and two companies, Jiangsu Hongbao (002071) and Jinggong Technology (002006), turned losses into profits. Among the 50 companies that did not release performance forecasts, 41 achieved profits in the first three quarters of 2009, of which China shipbuilding (600150) had a EPS of 2.97 yuan in the first three quarters of 2009, ranking first in the industry. Six companies, including Zoomlion (000157), Guangzhou shipbuilding International (600685), Taiyuan Heavy Industry (600169), Tiandi Technology (600582), Shanghai Electromechanical (600835), Kunming Machine Tool (600806), had a EPS of more than 0.4 yuan in the first three quarters of 2009, There are 9 companies with more than 0.2 yuan, including jinzitianzheng (600560), Keda electromechanical (600499), zhongbing Optoelectronics (600435), Chengfa Technology (600391), Zhenhua heavy industry (600320), Yantai Binglun (000811), Shantui shares (000680), Daling shares (000530), CIMC group (000039). It can be seen that under the promotion of national support policies such as the adjustment and revitalization plan of equipment manufacturing industry, automobile industry and shipbuilding industry, more than 70% of listed machinery companies have maintained a good momentum of development, and the machinery industry has become one of the first industries in China to get rid of the serious impact of the international financial crisis

the industry has accelerated its recovery significantly

relevant statistical data of the machinery industry show that the industry is in a good situation of obvious recovery. In 2009, the growth rate of the main business income of the machinery industry from January to February, from January to may, from January to August and from January to November was -0.87%, 4.23%, 7.62% and 13.52% respectively, and the growth rate of the industry profit was -25.81%, 7.73%, 6.83% and 22.81% respectively. From the trend of these two indicators in 2009, they both showed a straight-line recovery momentum. The overall situation is that there was a large decline in the first quarter, with profits falling by more than a quarter. After stabilizing and recovering in the second quarter and accelerating recovery in the third quarter, they have reached a high growth level in the fourth quarter

among various industrial categories in China, the machinery industry took the lead in achieving a substantial recovery and rapid growth, which has played a driving role in the overall recovery of China's economy. From the perspective of data comparison, from January to November 2009, the added value of the machinery industry increased by 12.8% year-on-year, 2.5 percentage points higher than the national industrial growth rate; The growth rate of main business income was 6.42 percentage points higher than that of national industry, and the profit growth rate was 15.05 percentage points higher than that of national industry. In November alone, by category, the added value of the general equipment manufacturing industry increased by 17.6% year-on-year, 2.1 percentage points faster than the previous month, the added value of the special equipment manufacturing industry increased by 13.7% year-on-year, 1.9 percentage points faster than the previous month, and the industrial added value of the transportation equipment manufacturing industry increased by 31.3%, 27.6 percentage points faster than the previous year

according to the statistical data released by the National Bureau of Statistics yesterday, in 2009, the total industrial output value of National Shipbuilding Enterprises above designated size was 548.4 billion yuan, an increase of 28.7% year-on-year; The brand awareness was further expanded, and the oral delivery value was 253.2 billion yuan, with a year-on-year increase of 17.8%

the export situation has gradually improved

although the import and export decline of China's machinery industry narrowed from January to November 2009, and a cumulative trade surplus of 143 The steel wire rope usually consists of several steel wires twisted together to form 9.5 billion US dollars. However, due to the large scale of external demand contraction, there is a great difference between the structure and domestic demand. In the short term, relying on expanding domestic demand, it is difficult to comprehensively replace or make up for the demand gap caused by the contraction of external demand

according to customs statistics, from January to November 2009, China's machinery industry achieved a total import and export volume of 335.808 billion US dollars, a decrease of 16.77% over the same period last year. Among them, exports amounted to 175.101 billion US dollars, a year-on-year decrease of 21.86%; Imports amounted to US $160.707 billion, a year-on-year decrease of 10.42%

from January to November, the cumulative total import and export volume of the 13 industries in the machinery industry fell year-on-year, of which the construction machinery industry fell the most, by 33.63%, and the cultural office industry fell the least, by 6.99%. In terms of exports, the 13 industries in the machinery industry have declined year-on-year. Among them, the heavy mining industry and food packaging industry decreased by 4.84% and 18.35% respectively, with the decline expanding compared with the previous month, and the decline of other 11 industries narrowed compared with the previous month. From the perspective of import, except for the two industries of agricultural machinery and cultural office equipment, which increased year-on-year, the other 11 industries declined comprehensively

from January to November, the cumulative import and export of the machinery industry to major trading partners remained negative year-on-year growth. Among them, exports to the four major trading partners fell in an all-round way, with the largest decline to the EU, a year-on-year decrease of 29.28%; The decline in ASEAN was the smallest, with a year-on-year decrease of 15.26%; Exports to the United States fell by 20.36%, and exports to Japan fell by 24.24%

although the export situation in 2010 is still relatively severe, the Chinese government did not wait passively, but took the initiative to attack the positive strategy. China has signed free trade agreements with the ten ASEAN countries, Chile and Singapore from 2005 to 2008 respectively. On April 28th, 2009, a free trade agreement was signed with Peru. The two sides will implement zero tariffs on more than 90% of their products in stages, and the export of mechanical products will benefit from the tax reduction arrangement. China has made full use of the preferential tariff reductions and exemptions with the above-mentioned countries to expand exports and strive to make up for the lost market share in the European Union, the United States and other markets. In particular, ASEAN's bilateral trade has developed rapidly in recent years. According to the agreement, from January 1, 2010, both sides will reduce the import tariff of 90% of products to zero. China's power generation equipment, power transmission and transformation equipment, engineering machinery, automobiles and parts, machine tools, agricultural machinery, general machinery, etc. have competitive advantages (310368), and the export amount is expected to be increased

China's shipbuilding industry has taken the lead. According to the data released by the customs yesterday, first of all, let's introduce its hydraulic system. In 2009, the export value of China's ships and floating structures was $28.36 billion, an increase of 44.9% year-on-year; The import amount was US $2.48 billion, an increase of 92.5% year-on-year. It can be seen that although the overall export prospect of the machinery industry is still relatively difficult, the sub industry has been the forerunner to overcome the crisis

three main lines run through the year's investment

summarize the research reports of Xiangcai securities, China Merchants Securities (600999), CIC securities, Soochow securities and other industries. The investment in the machinery industry in 2010 has the following three main lines:

first, boom transmission. In 2009, benefiting from the growth of investment and consumption, the landscape of direct investment goods and direct consumer goods such as construction machinery and automobiles maintained a high level. In 2010, the boom degree will be transmitted upstream along the industrial chain, making the boom degree of the machine tool industry rise, so that the machine tool industry will show a boom transmission market in 2010, and the machine tool industry will be given a "buy" rating

second, export recovery expectations. From the perspective of sub industries, the export of bulldozers has shown signs of improvement. In December 2009, 169 bulldozers were exported per month, a year-on-year decrease of 23%, which was much narrower than the -50% in the first three quarters, and increased by 42% month on month. With the gradual improvement of the external demand situation, the export recovery of the construction machinery industry is expected to be gradually strong. It is suggested to pay attention to companies with a high proportion of exports and strong overseas market development ability, such as Sany Heavy Industry (600031), Anhui Heli (600761), Shantui shares, etc

III. capital construction. 2010 is the peak year for the completion of high-speed railway, and 2010 is the year for railway investment, which can accurately measure the plastic strain ratio (r value) of sheet metal and strip In the first year when the transmission from infrastructure construction to equipment industry accelerated, the demand for railway equipment from government investment began to appear, the delivery of vehicle orders accelerated, and the industry revenue and profit will be greatly improved year-on-year. The growth prospects of multiple units, high-power electric locomotives, high-speed railway forging manufacturing, high-speed railway related parts, high-speed railway electrification equipment, concrete machinery, rotary drilling rigs, etc. are clear. China CNR (601299), China CSR (601766), Jinyi industry (601002), Jingshan light machinery (000821), Jiangsu Hongbao, XCMG machinery (000425), Zoomlion, Shantui and other listed companies deserve attention

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