Development summary of construction machinery indu

Summary of the development of construction machinery industry in the first half of the year

it has been more than half of 2017. Looking back on the first half of the year, the construction machinery industry has walked steadily and effectively. One belt, one road, like a raging fire, plus the 13th Five-Year plan and the "made in China 2025" project, such as the implementation of the "strong foundation project" and the implementation of major technological upgrading and upgrading projects, are still market opportunities for industrial policy, which ensures that plastic packaging materials are non-toxic, hygienic and environmental friendly. p>

from the first quarter financial report of leading construction machinery companies, the performance improved significantly. Sany Heavy Industry (600031-cn) had an operating revenue of 9.4 billion yuan in the first quarter, a year-on-year increase of 79%, and a net profit of 746 million yuan, a year-on-year increase of 727%; XCMG machinery (000425-cn) recorded 5.998 billion yuan in business revenue due to bone loss and prosthesis loosening, a year-on-year increase of 72%, and realized a net profit of 202 million yuan, a year-on-year increase of 1810%; Liugong (000528-cn) had an operating revenue of 2.432 billion yuan, a year-on-year increase of 15%, and realized a net profit of 108 million yuan, a year-on-year increase of 623%. According to the analysis of Guojin securities (600109, diagnostic shares), the PE valuation of leading construction machinery enterprises has gradually entered a reasonable range. Sany Heavy Industry (600031-cn), XCMG machinery (000425-cn) and Liugong (with the rapid development of social economy, 000528-cn) are expected to have 21 times, 37 times and 39 times of PE in 2017 respectively

from the sales volume of construction machinery, we can also see its hot development trend. Here, take excavator as an example. Since the beginning of 2017, "excavator sales", known as the barometer of the vitality of the infrastructure industry, have soared. According to the data of Construction Machinery Association, the sales volume of excavators in January 2017 was 4547 units, with a year-on-year increase of 54%; In February, the sales volume of excavators was 14530, with a year-on-year increase of 298%. In March, the sales volume continued to grow, reaching 21389 units, with a year-on-year increase of + 55.6%. In 2017, the sales volume of excavators continued to grow rapidly, with a cumulative sales volume of 40000 units, a cumulative year-on-year increase of + 99%. In April, the sales volume was 14355 sets, with a year-on-year increase of 100.06%; In May, the sales volume was 11271 units, with a year-on-year increase of 106%. In June, the sales volume of domestic mining machinery market was 62596 units, with a year-on-year increase of 108.5%