The hottest construction machinery enterprise has

2022-08-03
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Introduction: the competition for Chinese construction machinery enterprises to reach the sales target of 100 billion yuan has begun. Five companies have put forward the sales revenue target of 100 billion yuan, and the other 11 have reached a total of 600 billion yuan. In 2010, the construction machinery industry had a very strong growth momentum. For a time, Sany Heavy Industry, Shandong heavy industry, XCMG group, Zoomlion

the competition for Chinese construction machinery enterprises to reach the sales target of 100 billion yuan has begun. Five companies have put forward the sales revenue target of 100 billion yuan, and the other 11 companies have a total target of 600 billion yuan

in 2010, the construction machinery industry had a very strong growth momentum. For a time, Sany Heavy Industry, Shandong heavy industry, XCMG group, Zoomlion Heavy Industry and Liugong group all expressed that they would achieve a sales revenue of more than 100billion yuan at the end of the 12th Five Year Plan, and the cumulative sales of the other 11 large group enterprises would reach 600billion yuan

the competition for Chinese construction machinery enterprises to reach the sales target of 100 billion yuan has begun

three external factors affecting the future

according to the statistics of China Construction Machinery Industry Association, by the end of November 2010, the revenue growth rate of the construction machinery industry had been close to 50%, and the annual revenue had steadily exceeded 400billion yuan, which is the basis for the giants to propose "100 billion group". We will analyze the future development trend of the industry in combination with three external factors

the first is the encouragement and promotion of national macro policies

China's construction machinery industry will certainly have a process of merger and reorganization in the future. This is not only in line with foreign precedents, but also in line with the direction encouraged by the state

the 12th Five Year Plan for the construction machinery industry encourages industry restructuring and M & A, requires "eliminating the backward by market competition mechanism, controlling the land use of low-level repeated construction projects and the approval of engineering construction projects", and proposes that by the end of the 12th Five Year Plan, "the sales scale of China's top 100 construction machinery enterprises should reach more than 85% of the whole industry", and cultivate "aircraft carrier type international well-known companies". In fact, construction machinery enterprises are actively carrying out acquisitions and mergers. For example, Sany Heavy Industry has realized product diversification in the process of mergers and acquisitions, and is also entering the field of new energy in addition to the field of construction machinery

the second key factor is the real estate regulation policy. Since April 2010, through the industry university research cooperation between Nanjing University of technology and Nanjing xuankai company, the real estate regulation policies have been issued successively. At present, there is a big gap with the expected effect of the policy. If the policy is stopped next year, the investment in real estate will rebound, which is good news for the construction machinery industry

if the policy continues next year, it will have a great impact on the construction machinery industry. Who will make up for the lost real estate investment

in 2011, the construction scale of affordable housing projects in China will reach 10million units, an increase of 70% compared with 2010, which means that the investment in affordable housing projects in 2011 will exceed 1trillion yuan, accounting for 20% of the national real estate investment scale. If 10million sets can be implemented, it can make up for the fluctuation of real estate investment and reduce the impact of real estate regulation policies on the construction machinery industry

the third external factor is the development soil provided by infrastructure construction

China's infrastructure is still in the growth period, and the infrastructure construction provides fertile development soil for the construction machinery industry. Water conservancy and hydropower: after the severe drought and flood in 2010, the inadequacies of the safety and water storage capacity of small and medium-sized water conservancy facilities in the central and western regions of China have become apparent. In the next two years, the maximum range fixed asset investment in the range jump will increase at a growth rate of about 30%; Expressways: the total mileage of expressways in China only accounts for 1.75% of the total mileage of national highways, so the future development space of expressways is relatively broad; Railway: according to the 12th Five Year Plan, the scale of railway fixed asset investment will reach about 3trillion in the next five years, with an annual average of about 600billion

these investments will continue to maintain a certain investment intensity in China's infrastructure construction. As the development of the construction machinery industry is highly related to the investment in fixed assets, it can be predicted that the construction machinery industry will still maintain high-speed growth in the future

hidden dangers

many hundred billion slogans also contain major hidden dangers

since enterprises aim at the goal of 100 billion yuan, they should expand production capacity, increase investment in fixed assets and increase personnel. However, all these decisions are based on the economic blowout development and the rapid development of the industry in recent years. Can the industry maintain a great growth rate in the next few years? Not necessarily

the current monetary policy is basically set to be stable, and credit will certainly be controlled in 2011 (because the growth of credit in 2010 is far beyond expectations). Moreover, the national 4trillion investment is nearing the end. If such an intensity of investment cannot be maintained in 2011, the downstream infrastructure demand will be reduced, and the entire industry is likely to have overcapacity. The direct consequence is that the industry has entered the era of low-cost competition

the technical bottleneck should not be ignored: the localization of key parts is relatively lagging behind, and the vast majority of hydraulic parts and transmission systems need to be imported from abroad. At the same time of capacity expansion, it will be more dependent on imported parts. The long supply cycle and insufficient supply of foreign parts suppliers will become another factor restricting the development of the industry if hydraulic oil with too high viscosity is used

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