With the gradual deepening of policies such as 'Internet +', 'One Belt and One Road', 'Manufacturing 2025' and supply-side structural reforms, the determination of the state to revitalize the real economy is undoubtedly revealed. The establishment of the Xiong'an New Zone is even more important for engineering Machinery industry has brought precious golden opportunity.
Magnificent Xiong'an District
Large infrastructure construction, including road construction, railway construction, underground pipe gallery construction, geothermal development and construction, airport construction, rail transport construction and other planning and construction, will give the relevant enterprises a significant opportunity for development.It is estimated that the next few dozen This will bring hundreds of billions of yuan to the construction machinery industry.
Hung new district
The economy of the industry has been reflected in the financial data of the enterprises, the profitability of related enterprises has been significantly improved, revenue, net profit and cash flow have increased substantially.In the first half of 2017, the revenue of 13 construction machinery enterprises included in the statistics totaled 65 billion yuan, Representing a year-on-year increase of approximately 60%. Net profit margin increased to 6.18%, close to the level of 2013. Net profit attributable to the industry was RMB3,874 million, significantly higher than last year.
Construction machinery construction
Sales of excavators in the first half of the year were 75,068 units, an increase of 100.5% over the previous year, surpassing the sales of the full year last year. Good sales of various types of heavy machinery kept the industry leading balance sheet rehabilitated in good condition with obvious improvement in performance.
For Sany Heavy Industry Corp. (600031.SH), to seize this millennium grand scheme of Xiong'an New District, national affairs are very important. Therefore, the company also said that it will pay attention to the promotion of the planning of Xiong'an New District and seize the opportunity to promote the development of the company.
In the meantime, the benefits brought by SBC along the current Belt and Road initiative are also clear, with overseas sales reaching over 42% of the company's overall sales in the overall sales of the company, of which 70% of the revenue comes from 'Belt and Road' countries and regions along the route.
Liugong (000528.SH) is also a concern in the industry, the company also benefits from the industry boom this year, the first half of the company achieved operating income of 5.457 billion yuan, an increase of 50.42%; total profit of 301 million yuan, an increase of 558.63%; return net profit of 244 million yuan, an increase of 1423.65%.
