The most popular XCMG wants to change the mid-term

2022-08-05
  • Detail

XCMG wants mixed reform, Zoomlion surpasses the expectation, and who takes the lead in the mid-term examination? XCMG wants mixed reform, Zoomlion surpasses the expectation, and who takes the lead in the mid-term examination? China Construction machinery information? XCMG's net profit in the first half of the year was 2.1 billion to 2.4 billion yuan, a year-on-year increase of 90.21%~117.39%

on the evening of July 14, XCMG disclosed its performance forecast, and it is expected that the company's net profit in the half year of 2019 will be 2.1 billion to 2.4 billion yuan, a year-on-year increase of 90.21%~117.39%. In a single quarter, the company achieved a profit of 1.047 billion to 1.347 billion in the second quarter of 2019, an increase of -0.57% to 27.92% month on month. During the reporting period, the construction machinery industry continued to maintain its growth momentum, benefiting from the steady growth of domestic fixed asset investment and the increased demand for beautiful infrastructure construction in the "the Belt and Road" countries

1 from January to April, the sales volume of truck cranes was 17600, with a year-on-year increase of 65.08%, and XCMG's share of truck cranes was 40.30%. The share of truck cranes squeezed by competitors decreased, but still maintained a high growth. From January to June, the sales volume of loaders above 3 tons was 62399, with a year-on-year increase of 6.57%

it is also reported that XCMG will complete the mixed ownership reform before the end of this year. At that time, XCMG will change from a wholly state-owned enterprise to a diversified enterprise dominated by state-owned shares and mixed with private capital. The field of construction machinery will strive to be listed within 2-3 years. XCMG information, a young industrial Internet enterprise under XCMG group, has spent only five years from its investment of 10million yuan to its current value of 1.3 billion yuan. It will land on the science and Innovation Board within two years

analysts believe that XCMG's property right reform has lasted for many years with ups and downs. If the follow-up mixed reform can make a significant breakthrough, the company's mechanism is expected to be improved and the competitiveness of the enterprise is expected to be restored

Zoomlion

the net profit in the first half of the year was 2.4 billion to 2.7 billion yuan, a year-on-year increase of 171%~212%

. In a single quarter, 201cikoni (Stuttgart, Germany) composite materials company first designed the structure of carbon fiber composites through combination and fully automated manufacturing methods. 9 in the second quarter, the company made a profit of about 1.4 billion to 1.7 billion, a year-on-year increase of 187%~249%, a quarter on quarter increase of 40%~7 compared with the first quarter (1billion), but more importantly, 9 inspection items were 0%. Performance growth exceeded market expectations. The development idea of steady operation of the enterprise has achieved remarkable results and achieved high-quality development

Zoomlion said that in the first half of 2019, the demand of downstream industries such as the domestic real estate and infrastructure construction machinery industry was stronger, the construction machinery industry continued to recover and the market demand was strong. The company's operating revenue increased significantly compared with the same period last year. The orders and sales of concrete equipment, hoisting equipment and other products continued to grow at a high speed. The market coverage of 4.0 series products such as concrete pump trucks, tower cranes and engineering cranes increased Market competitiveness was further strengthened

according to the analysis, the reasons for the above expected growth are as follows:

01

the company's main business engineering cranes and concrete machines are late cycle varieties, benefiting from the upgrading, stricter environmental protection and other factors, the sales continue to be strong. From January to April 2019, the growth rate of industrial truck cranes was 69%, the growth rate of Zoomlion sales reached 91%, and the market share rose to 28% (23% in 18 years); In the first half of the year, the growth rate of the concrete industry is expected to be more than 50%. Zoomlion, as the leader, will grow faster than the industry

02

tower cranes are in short supply due to the increase in the proportion of prefabricated buildings. Zoomlion, as the leading enterprise with the largest market share in China, shows a trend of simultaneous increase in volume and price. The revenue of tower cranes is expected to double in the first half of the year. The increase of tower crane price + cost reduction and efficiency increase have greatly increased the overall net interest rate of the company. The net interest rate in the first quarter was 11.1%, with a year-on-year increase of +5.2pct. It is expected that the net interest rate in the second quarter will continue to increase on this basis

03

in the first half of the year, Zoomlion Heavy Industry Co., Ltd. dryer won the sales champion in the domestic market, and the domestic market share of wheat machine and sugarcane machine products ranked second in the industry

industry experts believe that at present, the construction machinery industry is recovering in an overall and sustainable way, with significant acceleration of infrastructure investment, upgrading of industrial emission standards, and the pull of the "the Belt and Road" to further optimize the industry structure. At present, the construction machinery industry has entered a relatively mature stage of development, and its scale continues to grow strongly; With the continuous development of the whole process mechanization of crop planting, medium and high-end agricultural machinery products will usher in market opportunities, which will help Zoomlion, a leading enterprise with strategic, brand, technology, scale and service advantages, better achieve high-quality development

Hebei Xuangong

the net profit in the first half of this year was RMB 220million-235 million, a year-on-year increase of 281.94%~307.98

on July 11, Hebei Xuangong disclosed the forecast of 2019 semi annual report. The company estimated that the net profit attributable to shareholders of Listed Companies in the first half of this year was about RMB 220million-235 million, a year-on-year increase of 281.94%~307.98%

according to the data, the main products of Hebei Xuangong are copper products, magnetite and construction machinery, and their revenue accounts for about 30%, 60% and 5% respectively. The company said, "the main reason for the sharp year-on-year increase in the company's operating performance during the reporting period is that the rise in iron ore prices has led to a substantial year-on-year increase in the company's Magnetite product operating revenue and profit."

the soaring price of iron ore is a drag on the copper and machinery sector.

it is worth noting that Hebei Xuangong achieved a net profit of 105million yuan attributable to the shareholders of the listed company in the first quarter of this year. According to the forecast data of the semi annual report, the net profit in the second quarter was about 115million to 130million yuan. Against the background of rising iron ore prices, the pre profit of Hebei Xuangong in the second quarter was only slightly higher than that in the first quarter

Jiabin, the securities affairs representative of Hebei Xuangong, said that there was little difference between the first quarter and the second quarter, "At present, the company's main products are copper products, magnetite and construction machinery. The predicted performance in the second quarter is affected by the performance of the copper and machinery sector while the profits of magnetite have increased significantly. As a part of its main business, the copper production in the copper sector is currently in the process of connecting phase I and phase II. The phase II project is still under construction, and phase I is close to closing, so the copper output is low; while the construction machinery sector has been in a low level in recent years In the state of loss, the main reason is the insufficient profitability of the product. These two points have a certain drag on the overall benefits of the company

in the second half of the year, the company actively laid out other main businesses. Jia Bin said that the company would adjust the two major sectors that were a drag on its performance in the second half of the year. For the machinery sector, we will increase product profitability through product structure transformation; For the copper plate, it will continue to tap potential, increase efficiency and stabilize production, and improve the recovery rate and efficiency of subsequent processes through the construction of new flotation plants and smelters, so as to ensure the stable operation of the company's production

Copyright © 2011 JIN SHI