Analysis of the operation of machine tool industry in the first quarter of 2010

Abstract In the first quarter of 2010, the machine tool industry continued the upward trend in the fourth quarter of last year, and the stability was good. The indicators have approached or exceeded the level of the same period before the financial crisis. In the first quarter, the market was extremely hot, and the demand for CNC machine tools was particularly prominent;

In the first quarter of 2010, the machine tool industry continued the upward trend in the fourth quarter of last year, and the stability was good. The indicators have approached or exceeded the level of the same period before the financial crisis. In the first quarter, the market was extremely hot, and the demand for CNC machine tools was particularly prominent; the orders in the enterprise were growing rapidly; the international market also showed signs of recovery, and the base in the same period of the previous year was lower, and the export of machine tool products showed a significant positive growth year-on-year.

I. Completion of major economic indicators and import and export statistics for the industry from January to March
1. Completion of major economic indicators in the industry
In the first quarter, the machine tool industry completed a total industrial output value of 103.74 billion yuan, a year-on-year increase of 42.1%.

The sales value of machine tool industry products was 101.06 billion yuan, a year-on-year increase of 42.8%.

The sales rate of industrial products in the machine tool industry reached 97.4%, an increase of 0.4 percentage points year-on-year.

The machine tool industry achieved a profit of 3.03 billion yuan, a year-on-year increase of 97.7%; the output value margin was 4.9%, an increase of 1.5 percentage points year-on-year (1-2 months data).

In the first quarter of the machine tool industry, the accumulated fixed asset investment increased by 11.2% year-on-year, a decrease of 38 percentage points year-on-year.

2. Completion of major small industry economic indicators
1) Gold cutting machine tool industry
The total industrial output value of the gold cutting machine tool industry was 24.67 billion yuan, a year-on-year increase of 29.8%.

The output of gold cutting machine tools was 143,477 units, of which the output of CNC machine tools reached 39,859 units, an increase of 20.4% and 60.4% respectively.

The gold cutting machine tool industry realized a profit of 480 million yuan, a year-on-year increase of 160.5%; the output value of the profit margin was 3.2%, an increase of 1.6 percentage points year-on-year (1-2 months data).

2) Forming machine tool industry
The total industrial output value of the forming machine tool industry was 7.59 billion yuan, a year-on-year increase of 41.0%.

The output of forming machine tools was 56,067 units, of which the output of CNC machine tools reached 2,440 units, a year-on-year increase of 15.7% and 32.7% respectively.

The forming machine tool industry realized a profit of 180 million yuan, a year-on-year increase of 65.8%; the output value margin was 4.0%, an increase of 0.5 percentage points year-on-year (1-2 months data).

3. Import and export of machine tool products
The cumulative import of machine tool products was US$ 2.93 billion, a year-on-year increase of 28.5%. Among them, the import of metal processing machine tools was 1.74 billion US dollars, an increase of 14.9%. Both have exceeded the import amount for the same period in 2008 in the highest year of history.

The export of machine tool products was 1.38 billion US dollars, up 31.1% year-on-year; of which metal processing machine tools exported 390 million US dollars, an increase of 13.0%.

Second, the characteristics of the economic operation of the industry
1. Rapid growth in production and sales
In the first quarter of this year, the total industrial output value and product sales value of the machine tool industry exceeded 100 billion yuan, a year-on-year increase of more than 40%, and the output value and growth rate were higher than in 2008. The monthly gross industrial output value shows that it reached 41.42 billion yuan in March, higher than any month except 2009 in December. The sales rate of industrial products in the machine tool industry reached 97.4%, an increase of 0.4 percentage points over the same period of the previous year.

Among the five types of enterprises in the machine tool industry, which are counted by the National Bureau of Statistics, the privately-held enterprises have performed outstandingly, and their current industrial output value has achieved a high growth rate of 68.3% year-on-year; state-owned holding enterprises have reversed the negative growth situation and achieved a growth rate of 13.6%; The growth rate of enterprises, foreign-controlled enterprises, Hong Kong, Macao and Taiwan enterprises also turned from negative to positive, achieving single-digit growth.

In the large machine tool industry, the growth rate of industrial output value of other metal processing machinery, abrasive grinding tools, foundry machinery and machine tool accessories is higher than the industry average; metal forming machine tools, measuring tools and measuring instruments, woodworking machinery, gold cutting machine tools The industry's total industrial output value growth rate was lower than the industry average level, and the lowest growth rate of the gold cutting machine tool industry also achieved 29.8% growth, with a completion amount of 24.67 billion yuan.

From August 2009 to March 2010, the monthly growth rate of the gross industrial output value of the small industry of Jinchee Machine Tool has maintained a positive growth for 8 consecutive months, showing a stable upward trend. Especially in the first three months of this year, the growth rate is very strong, which has exceeded the level of the same period in 2008.

2. Double the profits of the company
According to the data of the National Bureau of Statistics, the cumulative profit of the machine tool industry in January-February 2010 has nearly doubled compared with the same period of the previous year. Among them, the profit of woodworking machinery has nearly tripled, and the profit growth of more than 100% is also the gold cutting machine tool and the cutting tool. Three small industries for machine tool accessories.

The machine tool industry's output value margin is 4.9%, but the output value of most small industries is lower than the industry average, especially the output value of the small-cutting machine industry is only 3.2%. In the small industries in January and February, the profit value of abrasives and abrasives was the highest, reaching 6.9%. In addition, the output value of the casting machinery and machine tool accessories industry is higher than the industry-wide profit margin, which is 6.6% and 5.2% respectively. The profit margins of woodworking machinery, measuring tools and measuring instruments, metal forming machine tools and other metal processing machinery industries were 4.8%, 4.2%, 4.0% and 3.6% respectively.

3. Product supply is in short supply
In the first three months of this year, industry companies generally reflected that orders grew rapidly and products were in short supply. According to the statistics of 230 key enterprises in the industry, the new orders in the first three months of this year reached 11.19 billion yuan. The new orders in March were 3.67 billion yuan, and the orders in hand at the end of March were 22.71 billion yuan. The amount of orders in hand exceeds the total industrial output value of the company in the first quarter.

In the case of a surge in orders, the situation of the small industries involved in the key contacts is slightly different, but generally shows the problem of tight supply chains. The raw materials are not available for processing parts, and the parts are not available to the main unit. Not only is domestic supply resources tight, but some imported parts are also out of stock. Some companies believe that the market outlook is uncertain and choose to sign contracts with caution.

The machine tool market in the first quarter showed an overall increase in demand for all grades of products, not just the high-end product market. According to the statistics of key enterprises, the numerical control rate of metal processing machine tool production value was 47.3% in the first quarter, down 2.3 percentage points year-on-year; the average unit price of gold cutting machine tools and CNC gold cutting machine tools decreased by 20,000 yuan and 90,000 yuan respectively; And the average unit price of CNC forming machine tools decreased by 20,000 yuan and 45,000 yuan respectively. These data reflect the increasing demand for low-end products in the market.

4. Import and export from negative to positive
Export: Due to the turning point in the international economic environment, the export of machine tool industry has achieved positive growth in the first quarter of this year, but the export price of metal processing machine tools continued to fall, which is not conducive to the structural adjustment of the export products of the industry. The export destination has changed a lot, and the Asian market has gradually occupied the first place.

Machine tool exports totaled $1.38 billion, close to $1.53 billion in the same period in 2008. In the ten small industries of the machine tool industry, except for the year-on-year growth of machine tool parts and exports, the export volume of other small industries turned positive. The export value of cutting tools and abrasives exceeded the same period in 2008. Abrasives exports accounted for the highest growth rate of 113.6% year-on-year. Export data showed that the unit price of metal processing machines continued to fall, and the average export price of CNC metal processing machines fell by 30.1%. The average price drop of horizontal machining centers, horizontal CNC lathes, CNC gantry milling machines, CNC straightening machines, and CNC shearing machines are all above 50%.

Due to the small export volume of China's metal processing machine tools and the decentralization of exports, individual large projects can affect the changes in the direction of exports. The global financial crisis has further aggravated this change. In the first quarter, China's export market continued to change, and the European and American markets continued to decline. The United States, which has maintained its number one export market for many years, has slipped to third place. The economic recovery in Asia is relatively obvious, and it is a market that Chinese machine tool enterprises should pay attention to. The top 10 countries and regions in the first quarter are: Myanmar, India, the United States, Brazil, Germany, Japan, Indonesia, Vietnam, Iran and Hong Kong.

Imports: Imports of machine tools in the first quarter showed double-digit growth, and imports have exceeded the same period in 2008, an increase of 7.7%. Among them, the import of metal processing machine tools, machine tool fixtures and machine tool parts grew rapidly.

The average unit price of CNC metalworking machine tools was US$153,000, down 48.1% year-on-year. Mainly last year, imported machine tools from Germany, Italy, France and other countries were mainly high-end, resulting in a substantial increase in the average unit price, reaching $295,000. The machine tool imported from Europe this year has a large decline, which has affected the unit price of imported machine tools. However, compared with 2008, the average unit price has improved. The main importing countries and regions are: Japan, Germany, Taiwan, South Korea, the United States, Italy, Switzerland, Spain, France and the United Kingdom.

Third, market analysis
According to a survey of enterprises and key users of machine tool industry, the rapid growth of the market in the first quarter of this year mainly has the following reasons.

The first is the continuation of the state's policy of encouraging small-displacement vehicles, which has led to an investment boom in the automotive industry. It is expected that investment in the automotive industry will not weaken in the next year or two. The machine tool industry has consistently reflected that the main orders are from the automobile and spare parts industries. It has a great pulling effect on high, medium and low-end machine tools, which is the main reason for the rapid growth of the machine tool market in the first quarter.

The second is to continue to generate demand for the implementation of the three-year adjustment and revitalization plan for the industry in response to the global financial crisis and the implementation of key projects in key development areas. There are still continued investments in industries such as energy, ships, railways, aviation, construction machinery, weapons, and agricultural machinery. These industries have certain demand for large machine tools and medium and high-end machine tools.

Thirdly, due to the outbreak of the global financial crisis, many investors suspended the implementation of some projects. At the end of last year and early this year, the market prospects were clear, corporate confidence increased, and investment began to accelerate. Together with the income tax deduction policy to stimulate enterprises to invest in fixed assets, these factors have led to a cumulative outbreak of investment, and private capital has been active in this investment boom.

The fourth reason is that the international economic environment is getting better, especially the warming of the Asian market has driven the growth of exports from negative to positive.

Everyone is concerned about the sustainability of the current fast-growing machine tool market. The industry generally believes that the machine tool market will return to a stable growth trend in the second half of the year. The global economy has generally maintained a recovery trend, and China’s economic recovery has strengthened to a better momentum. Although the current economic development environment is still extremely complicated, uncertainties still exist in the operation of the world economy, but as long as there are no major abnormalities, China's GDP will achieve an increase of more than 8%, and the output value of machine tools will gradually return to steady growth. The situation is expected to grow by more than 15% for the whole year.

In the post-financial crisis period, our industry enterprises should pay attention to global technology development trends, track the development of domestic hot industries, and adhere to structural adjustment under the eternal theme of environmental protection, intelligence and high efficiency, and we must master core technologies and strive to improve product quality. And reliability, explore new service areas, actively explore domestic and foreign markets, cultivate corporate brands, and enable enterprises to move toward a benign and sustainable development track.

Product detail:

Material :Natural slate, quartz ,sandstone ,marble etc

Size       :15*60*(1.0-2.0) cm , 18*35*(1.0-2.0)cm ,15.2*61*(1.0-2.0) or 20*(60-5)*(2-4)cm  ,and 10*(40-4)*(0.8-1.2)cm etc . 

Shape   :Rectangle ,interlock ,

Packing :Hard carton then fumigated strong wooden crate.

The wooden crate size is made as the container size . After loading the wooden crate in the container ,the wooden crates will nearly same size with the width of the container .It can make the wooden crate not have space to move during transport . In this case ,it can keep the stone safety mostly

Application : Can be used to decorate the outside wall or inside wall .Decorate your house ,decorate your life .


Water Stone

Water Stone,Water Stone Panels,Stack Stone Panel,Faux Stone Panels

HEBEI DFL STONE , http://www.dflstone.com