The slowdown in the growth rate of machinery industry does not change the trend of steady and rapid growth

From January to July 2011, the growth rate of production and sales of the machinery industry in the country remained steady and slightly decreased. The total industrial output value of the industry totaled 9.238813 trillion yuan, a year-on-year increase of 26.43%. The growth rate slowed down by 9.39 percentage points from the same period of 2010, and was lower than the previous month. 0.65 percentage points slower; the industry’s total sales value was 0.9313382 billion yuan, a year-on-year increase of 26.16%, the growth rate slowed by 10.43 percentage points over the same period of 2010, and slowed by 0.57 percentage points from the previous month. The growth rate of gross output value and sales output in the first 7 months have all slowed down from last month. In particular, the growth rate of sales output has been falling month by month. The monthly average has dropped by 0.6 percentage points, but the drop rate is generally not large, and it continues to maintain 26%. The above growth.

In the first half of the year, the national machinery industry enterprises achieved steady and rapid growth, and the growth rate of the main economic performance indicators fell slightly. Among them, the main business revenue increased by 26.55% year-on-year; the total profit increased by 21.94% year-on-year; the loss-making enterprises suffered a reduction in losses, and the loss amount increased by 31.13% year-on-year; the overall economic efficiency was stable.

According to statistics from the China Machinery Industry Federation, from January to July, 101 products in the main products had accumulated year-on-year growth, accounting for 84.87% of all reported product varieties.

The growth rate of industrial added value was lower than the national industrial level for the first time from January to July. The value-added of the machinery industry increased by 15.9% year-on-year, which was higher than the national industrial growth rate by 1.6 percentage points. Among them, the July increase was a year-on-year increase of 13.5%, which was lower than the national industrial growth rate of 0.5%, and for the first time this year was lower than the average level of national industrial added value. At the same time, in all sectors of the industry, the growth rate of the value added of the machinery industry has dropped from the third place at the beginning of the year to the fourth place.

The contribution rate of private and foreign-funded enterprises to industry production is high. From the perspective of different holding companies, the total value of industrial output of state-owned enterprises is 2,064,444 million yuan, an increase of 12.56% year-on-year, 13.83% lower than the industry average; the total output value of private enterprises is 4,896,631 million yuan. , an increase of 34.39% year-on-year, 7.96 percentage points higher than the industry average; foreign-funded enterprises completed a total output value of 193.1056 billion yuan, an increase of 23.25%, lower than the industry average of 3.18 percentage points. The growth rate of production of state-owned enterprises was lower than that of private and foreign-funded enterprises by 21.83 and 10.69 percentage points respectively. From the perspective of the contribution rate to the total output value, state-owned enterprises are also lower than 54.16 and 6.94 percentage points respectively for private and foreign-funded enterprises.

The value of export delivery in most industries fell by 1 to 7 months compared with the same period of last year. The value of export delivery of the entire industry was 940.951 billion yuan, a year-on-year increase of 26.71%, and the growth rate was slightly higher than the 0.28% of the total industrial output value over the same period. At the same time, the value of export delivery across the industry increased by 0.05 percentage point year-on-year, but in terms of sub-sectors, the export delivery rate of seven industries out of the thirteen industries decreased year-on-year, of which the agricultural machinery, instrumentation and heavy mining industries decreased by one year. Above the percentage point, the petrochemical GM, machine tool and mechanical parts industry fell by more than 0.5% year-on-year.

The production of main products was completed in good condition from January to July. The rate of production and sales of mechanical industrial products was 97.56%, which was lower than the national industry by 0.34 percentage points, slightly lower than the previous year's 97.76%. The cultural and office equipment industry declined rapidly, down by 3.08 year-on-year. Percentage.

Among the 119 major products of China National Machine Association’s statistics for the month, there were 101 products with a year-on-year increase, accounting for 84.87% of all reported product varieties; 77 products with a growth of more than double digits, accounting for 64.71 of all reported products. %; There are 18 kinds of product output year-on-year decrease, accounting for 15.13% of the reported products. The specific product situation is as follows:

Corn harvesting machinery, primary processing machinery for agricultural products, special machinery for feed production, and cotton processing machinery continued to grow rapidly in the first half of the year, and their growth rates were all above 38% from January to July. The output of large and medium-sized tractors increased steadily. From January to July, the output increased by 24.34% and 22.82% respectively.

The year-on-year growth of excavators, loaders, and concrete machinery was more than 21% from January to July, but the growth rate of excavators and loaders decreased significantly from last month, falling 6.64 and 6.82 percentage points respectively. Both the month of the compaction machinery and the cumulative output decreased, which was a year-on-year decrease of 65.84% and 14.40%, respectively.

From January to July, the production and sales of automobiles continued to cool down, with the auto growth of 3.99% year-on-year, and the growth rate fell 0.98% from the previous month. Vehicles with displacements of 1.0 liters or less and cars with displacements of 2.5-3.0L, multipurpose passenger cars, sports utility vehicles, passenger cars, and trucks all have a faster growth rate than the previous month. In different degrees of decline, passenger cars and trucks that fell faster were down 4.1 and 2.59 percentage points respectively.

Mine-specific equipment, cranes and metal rolling equipment in the heavy mining industry have maintained steady growth, with a year-on-year growth of over 18% from January to July. Demand for metal smelting equipment remained sluggish. Both the month of July and the cumulative output showed a negative growth, down 23.1% and 3.48% year-on-year respectively.

Analytical instruments and devices and testing machines in the instrumentation industry grew at a rapid rate. They increased by 41.58% and 36.36% year-on-year from January to July, but fell by 10.18 and 0.41 percentage points respectively from the previous month. The rapid decline in the growth rate of the previous month was attributed to special instruments for environmental monitoring, which dropped by 7.53 percentage points.

From January to July, the output of power generation equipment increased 19.54% year-on-year, which was 2.49 percentage points lower than the previous month. Among them, wind power generators saw a significant drop. The monthly output decreased 32.82% year-on-year, and the cumulative output increased 34.52% year-on-year, but it was 16.8% lower than the previous month. . Among the power transmission and transformation products, the growth of transformers was outstanding. From January to July, the output increased by 20.84% ​​year-on-year, an increase of 12.02 percentage points from the previous month.

The growth rate of main business income slowed down In the first half of 2011, the national machinery industry realized main business income of 76,209.39 billion yuan, up 26.55% year-on-year, 4.55 percentage points lower than the beginning of the year, and 3.16 percentage points lower than the national average of industrial enterprises. .

In June, the total income from the main business of mechanical industrial enterprises was 1,511.64 billion yuan, a year-on-year increase of 24.46%, and a decrease of 1.18 percentage points from the previous month (25.64%). Among them, the state-owned, private, foreign-funded and other enterprises respectively completed the main business income of 330.363 billion yuan, 837.454 billion yuan, 30.1711 billion yuan, and 42.111 billion yuan, an increase of 6.79%, 34.61%, 20.87%, and 25.9% year-on-year respectively. In terms of growth rate, the growth rate of state-owned enterprises has grown at a single-digit rate, while private, foreign-funded and other enterprises have maintained double-digit growth. Private and other companies have exceeded the industry average of 10.15 and 1.44 percentage points respectively.

From the perspective of industry income, the construction machinery industry has been declining month by month, and the automotive and internal-combustion engine industries have experienced volatile changes. The remaining 11 industries have maintained steady growth. From the month-on-month growth rate in June, the internal combustion engine and auto industry turned negative, increasing by 16.9 and 10.03 percentage points respectively; the agricultural machinery industry increased by 15.58% compared with the previous month, 38.83 percentage points lower than the previous month; the construction machinery industry has always been negative growth this year, but declined. Have narrowed.

Total profit continued to grow In the first half of the year, the national machinery industry realized a profit of 535.115 billion yuan, a year-on-year increase of 21.94%, a decrease of 8.8 percentage points from the beginning of the year (30.74%), and a decrease of 0.47 percentage points from the previous month (22.41%). SLOW. The profit for the month of June was 107.853 billion yuan, an increase of 16.757 billion yuan from the previous month, an increase of 20.08% year-on-year, and an increase of 11.06 percentage points from the previous month (9.02%).

The profit rate of main business income rose from 6.62% at the beginning of the year to 7.01%, which was higher than the national industry by 0.81 percentage points. From an industry perspective, the five industries including construction machinery (10.59%), instrumentation (8.38%), automotive (8.15%), internal combustion engine (7.33%), and food packaging (7.08%) are higher than the industry average, especially engineering. The profit rate of main business income of the machinery industry was 3.58 percentage points higher than that of the entire industry.

The overall level of economic performance remained stable In the first half of the year, the overall level of economic benefits of the machinery industry remained stable, and some indicators were slightly higher than the national industrial level. Among them, the capital preservation and appreciation rate is 127.43%, which is 6.28 percentage points higher than that of the national industry; the cost-cost margin is 7.65%, which is 0.86 percentage points higher than the national industry; the main business income rate is 7.01%, which is 0.81 higher than the national industry. percentage point.

It is worth mentioning that the turnover rate of corporate liquid assets has been accelerated month by month, but the average balance of current assets has decreased month by month, with a month-on-month decrease of 43%, which warrants attention.

Losses from loss-making enterprises rose slightly month-on-month. In the first half of the year, a total of 69,847 mechanical industrial enterprises were aggregated in the country, including 8,083 loss-making enterprises, a decrease of 490 from the previous month and a loss of 11.57%, a decrease of 4.57 percentage points from the beginning of the year (16.14%); The loss of loss-making enterprises was 22.73 billion yuan, an increase of 1.567 billion yuan from the previous month, an increase of 31.13% year-on-year, and an increase of 9.65 percentage points from the beginning of the year (21.48%). The industries ranked in the top three are: the electrical appliances industry has a loss of 7.039 billion yuan, an increase of 2.078 billion yuan over the same period of 2010; the automobile industry has a loss of 5.544 billion yuan, an increase of 1.455 billion yuan over the same period of 2010; the petrochemical industry has a loss of 20.94. Billion yuan, an increase of 226 million yuan over the same period in 2010.