On September 12, the Instrument and Instrument Industry Development Summit was held in Beijing in 2018. More than 400 guests attended the meeting. A total of more than 400 guests attended the meeting. Mr. Wu Peng, Chairman of the China Instrument and Meter Industry Association, said in his speech that under the new situation, relevant Fang should seize opportunities, increase development efforts, improve industrial ecology, innovate cooperation methods, accelerate the pace of informationization in the manufacturing process of the industry, consolidate the foundation of enterprise management and industry development, and enhance the overall competitiveness of the industry. The summit was brought by five guests. Keynote speech. Covers: macroeconomic situation and policy outlook, environmental market demand development trend, Beidou application technology, qualification testing and laboratory management under the new situation, multi-faceted enlightenment of the innovative thinking of the instrumentation industry.
In the first half of the year, the industry's revenue reached 440 billion yuan
2018 is the national key environmental protection inspection year. A more intensive and thorough environmental protection storm has arrived. In this environmental storm, on the one hand, orders from environmental protection equipment and testing equipment companies continue to be pulled, and business continues to be pulled.
The China Instrument and Meter Industry Association announced the latest industry data. From January to June 2018, the instrumentation industry achieved a revenue of nearly 440 billion yuan from the main business, up 9.8% year-on-year. 9 out of 20 sub-sectors achieved double-digit growth year-on-year. The teaching equipment manufacturing and watch and timing instrument manufacturing industry decreased year-on-year. Total profit realized by 10.83% year-on-year, main business income profit rate was 9.35%, up 0.57 percentage points year-on-year. Total assets increased by 14.4% year-on-year, total liabilities increased by 13%. The total owner's equity increased by 15.52%, the asset-liability ratio was 43.9%, an increase of 0.36 percentage points year-on-year. Accounts receivable increased by 14.44% year-on-year, and finished goods inventory increased by 12.49%. Cost per 100 yuan of main business income decreased year-on-year. 2.1 yuan, the cost per 100 yuan of main business income increased by 1.87 yuan, the main business cost increased by 9.22%.
The industry's main business income growth rate is lower than that of the industrial sector, and the profit growth rate is 6 percentage points lower than the industrial sector. According to customs statistics, the total instrument export value increased by 4.8% from January to May 2018, and the import value increased by 11%. The import and export deficit is nearly 13 billion US dollars. According to the latest data released by the Ministry of Commerce, from January to July, the national design of foreign-invested enterprises increased by 99.1% year-on-year, and the actual use of foreign investment increased by 2.3%. Among them, the investment in medical equipment and instrumentation manufacturing industry. The year-on-year growth was 149.2%.
Industrial automation instruments and meters grow steadily
The automation sub-sector is the industry with the largest proportion of instruments and meters in 20 sub-sectors. The revenue scale accounts for 36%. In the first half of 2018, the industrial automation sub-sector business maintained steady growth, and the operating income increased by 11.49% year-on-year, but the profit increased year-on-year. It is only 5.54%, which has a large impact on the increase of industry profit. Comprehensive analysis, the traditional service field of industrial automation sub-sector has passed the de-capacity, the structural adjustment work, the overall stability, and some new service projects in the service sector have started. However, due to the lower entry threshold of the industry, the introduction of key new products and high value-added products is not enough. While the demand is getting better, most of the products are in a downward trend, which may have a negative impact on the long-term development.
According to the mastery of the association, the revenue and profit growth of most leading enterprises in the sub-sectors of automation are better than the overall situation of the sub-industries. The perception and sensitivity of the industry to the industry data are quite different. Market and technology resources are in the industry. The concentration of advantageous enterprises, the industry, the situation of the same industry, the differentiation of the situation, the same product production enterprises of the two warm and warm days and the stronger pattern gradually emerged.
Supporting the healthy development of industrial automation requires the industry to have the ability to go hand in hand in the service process industry and discrete industry. But the main market for industrial automation is still in the process industry. The main progress of intelligent manufacturing and the typical projects with influence are also in the process industry. Although the industry enterprises have successively completed the intelligent manufacturing factory solutions for equipment manufacturing enterprises, virtual simulation, demonstration line MES, three-dimensional warehouse, catering enterprise supporting intelligent projects, etc., but the soft and hardware products that truly serve the discrete industry are seriously inadequate, brand influence Weakness, it is difficult to form economies of scale, and the pull and support of the industry is limited in the short term.
Supply instrument operation is generally
In the first half of the year, the instrumentation and supply instrumentation were generally in good condition. In the first half of the year, the revenue increased by 7.3% and 7.34% respectively. The profit decreased by 17% and 2.41% respectively, which were lower than the industry level.
The industry outlook is difficult to be optimistic. The progress of thermal household measurement is slower than expected. The main market of heat meters is still in the industrial measurement field such as thermal stations. The electric energy meter is mainly subject to the domestic market, and the number of bidding purchases of the two major customers of the South Network has dropped significantly. The prices of raw materials and components have risen. Most companies have seen a narrowing of revenue growth and a year-on-year decline in profits. Even companies that have made good progress in expanding overseas markets are subject to greater volatility in overseas markets, especially in the relevant national currencies. The impact of large exchange rate fluctuations, resulting in a decline in revenue and profits. The association predicts that the traditional water, gas meter market declines significantly, smart water, gas meters (such as IoT water meters, gas meters, all electronic (ultrasound, electromagnetic, etc.) water meters ) ushered in development opportunities; at the same time, the platform technology represented by the overall solution of smart utilities, cloud technology, big data applications have been widely recognized and promoted.
The demand for scientific instruments is gradually increasing
There are many sub-sectors involved in scientific instruments, including 12 sub-sectors in total, and the market demand is growing steadily. Under the vigorous promotion of the implementation of the new environmental protection policy, the demand for water, gas, soil, and solid (critical) waste detection has been comprehensively improved. The demand for the instrument industry grew rapidly. In the first half of the year, environmental monitoring instruments were revenue-divided in the same period of the previous year. Both profits exceeded double-digits, which were 20.09% and 31.18% respectively. More and more domestic enterprises were selected in the major bidding, with the Chinese Academy of Sciences and inspection and quarantine. The high-end users represented by the company are more objective and fair in their understanding of domestically produced instruments, which is conducive to the breakthrough of domestic experimental analytical instruments in the middle and high-end fields.
In the first half of the year, the revenue of experimental analytical instruments increased by 9.3% year-on-year and the profit increased by 18.8%. In terms of optical instruments, the industry relies on long-term accumulation of planar optical components, biological microscopes, optical cold processing, etc., gradually in research microscopes, industrial microscopes. In the first half of the year, the revenue of optical instruments in the first half of the year increased by 14.13%, and the profit increased by 19.24%. In addition, the sensors appeared rapidly. Growth, the future market can be expected.
Need to plan ahead in the second half of the year
Liu Qingbin, vice chairman of China Instrument and Meter Industry Association and chairman of Chongqing Materials Research Institute Co., Ltd., said that after a long period of efforts, the recognition and acceptance of some domestic brands in domestic and international markets has increased in recent years. Targets, some industries and companies may have opportunities, especially analytical instruments in scientific instruments, test equipment, laboratory instruments, electronic measuring instruments (high-end digital multimeters, oscilloscopes, sources and power supplies, parametric analyzers, process calibration and testing instruments) Etc.) The dependence of high-end users on imported instruments and the large-scale adoption will not change very quickly in a short period of time. Even many grassroots testing organizations have the momentum to purchase imported instruments.
At the same time, it is not optimistic about the trade war and the improvement of import tariffs. The industry enterprises also need to work together to take special attention to the action-oriented entrepreneurs in the policy guidance and market environment for domestic instruments. The expected funds are loose. The problem, because stable leverage is the main tone of monetary policy, it is difficult to make major changes in the second half of the year. Entrepreneurs must fully prepare for the financial constraints and the sharp increase in capital costs, and strictly control the quality of contracts and operating cash. 3. Flow, restraint, heavy investment, and fully prepare for 'over the winter'.
