In 2003, the development of machinery industry entered a new period of development, and the speed, quality and efficiency of economic operation were all improving. In the first quarter of 2004, the industry's production continued to grow rapidly.
First, the completion of major economic indicators According to hydraulic, hydraulic, pneumatic, sealing 294 major enterprises (including: 172 hydraulic industry, 14 hydraulic industry, 33 pneumatic industry, 75 sealing industry) statistics, sales profit rate of 7.86 %, higher than the national machinery industry average. The industry average economic benefit index was 1.38, an increase of 0.11 over the same period of last year, the total asset contribution rate was 10.78%, the capital preservation and appreciation rate was 106.53%, the asset-liability ratio was 57.78%, the current assets turnover rate was 1.27 times, the cost expense profit rate was 8.52%, and labor. The productivity was 54,683 yuan and the product sales rate was 98.62%. The market demand continued to be strong, and the economic benefits of the industry continued to rise substantially.
The gross industrial output value (current price) was 3.747 billion yuan, an increase of 28.44% over the same period last year. Among them, the output value of the industry's products was 3.158 billion yuan, an increase of 27.22% over the same period last year. The industrial added value was 1.195 billion yuan, an increase of 26.22% over the same period last year. The sales revenue was 3.614 billion yuan, up 28.47% over the same period last year. Among them, the sales revenue of products in this industry was 3.015 billion yuan, an increase of 28.81% over the same period of last year. Industry profit and loss situation: 43 out of 294 enterprises suffered losses, with a loss of 25.66 million yuan and a loss of 14.62%. 294 enterprises were offset by profit and loss, achieving a profit of 284.13 million yuan, a year-on-year increase of 50.68%. There are 54 companies with a profit of more than 1 million yuan, and 13 companies with a profit of more than 5 million yuan, including: John Crane (Tianjin) Co., Ltd., Shanghai Electric Hydraulic Pneumatic Co., Ltd., Jincheng Group Co., Ltd., Zhenjiang Hydraulic Parts Factory Zhejiang Linhai Haihong Group Co., Ltd., Ningbo Yining Hydraulic Co., Ltd., Ningbo Huali Machinery Manufacturing Co., Ltd., Zhejiang Linhai Machinery Co., Ltd., Fenghua Feigu Kaiming Sealing Engineering Co., Ltd., Hefei Changyuan Hydraulic Parts Co., Ltd., Anhui Zhongding Sealing Parts Co., Ltd., Anhui Heli Co., Ltd. èšŒåŸ Lili Machinery Factory, State-owned 501 Factory, Qinchuan Machinery Development Co., Ltd. Hydraulic Parts Factory have all achieved high economic benefits. The export delivery value was 332 million yuan, an increase of 56.72% over the same period of last year. The cumulative order amount was 4.105 billion yuan, an increase of 24.61% over the same period of last year.
Second, the analysis of economic operation of hydraulic and pneumatic sealing industry
1. Driven by the macro situation, the industry's production and sales are booming. In the first quarter of this year, China's economic growth has taken on the huge inertia since last year and continues to grow rapidly. Investment, consumption and export power are strong, and profits of industrial enterprises have increased substantially. The GDP growth rate in the first quarter reached 9.7%. At the same time, problems such as overheated investment in fixed assets, excessive rise in prices of some raw materials, and tight tensions in coal, electricity and oil transportation have become increasingly prominent. It is necessary to further implement various national macro-control measures to maintain steady economic growth.
The production of machinery industry in the country continued to grow rapidly, and production and sales still maintained double-digit growth. The demand for mechanical products in the two major areas of domestic investment and consumption continues to be optimistic. In the first quarter, the total industrial output value was 680.887 billion yuan, an increase of 29.89% over the same period of last year. The sales value of completed sales was 656.597 billion yuan, a year-on-year increase of 31.19%. From the comparison of the growth rate of total output value and sales value, the growth rate of sales value is faster than the total output value, which is prominent in the construction machinery industry, cultural office industry, general basic parts industry and automobile industry.
The production of large and medium-sized tractors in March was hot. Due to the introduction of various agricultural support policies and the improvement of product structure, the demand for large and medium-sized tractors has grown rapidly, with the output reaching 14,489 units, an increase of 88.39%, both hitting record highs.
The market demand for construction machinery industry continued to be strong. In the first quarter, construction machinery products showed a substantial growth trend. The increase of forklifts and earthmoving machinery was 63.09% and 76.69% respectively.
The further deepening of the environmental protection concept has made the development of environmental protection machinery very rapid, especially the water pollution prevention equipment and noise and control equipment. The output growth in the first quarter increased by 60% and 111.11% respectively.
In the machine tool industry, a large number of ordinary machine tools will gradually give way to CNC machine tools with high technical content and added value. In the first quarter, the growth rate of high-precision machine tools, CNC machine tools and large-scale machine tools was higher than that of ordinary machine tools, which increased by 57.71%, 43.42% and 72.42% respectively.
The demand for key national projects represented by power generation equipment is strong, and power generation equipment products continue to maintain a substantial overall growth, with a minimum increase of 60%.
2. A number of state-owned enterprises in the industry jointly developed state-owned and state-controlled enterprises (71). In the first quarter of 2004, the industrial output value was 1.369 billion yuan, a year-on-year increase of 25.81%, and the sales revenue was 1.318 billion yuan, a year-on-year increase of 22.46%.
Private enterprises (177) completed industrial output value of 1.330 billion yuan in the first quarter of 2004, a year-on-year increase of 23.46%, and sales income of 1.221 billion yuan, a year-on-year increase of 25.24%.
The three-funded enterprises (46) completed industrial output value of 1.48 billion yuan in the first quarter of 2004, a year-on-year increase of 39.36%, and sales revenue of 1.075 billion yuan, a year-on-year increase of 41.09%.
3. Product sales show structural changes The sales of products with high technical content and high added value have increased significantly. Taking hydraulic products as an example, according to statistics of some major enterprises, gear pumps sold 484,439 pieces / 145.45 million yuan, although sales were basically flat, sales increased by 37.04%; piston motors (including low-speed high-torque motors) sold 15,143 pieces / 142.5 million Yuan, an increase of 62.96% and 50.23% respectively. The output and sales of various new products in the industry have increased rapidly.
Third, the economic trend of related industries in 2004 and the industry forecast
1. Some industry situations that are closely related to the industry
In 2004, the machinery industry will still be a good year. The production, sales and exports of the machinery industry will continue to grow at around 20%, and the profit growth will reach 15%.
Agricultural machinery: In 2004, the agricultural machinery industry faced a relatively good situation. First of all, the unprecedented attention given by the state to the "three rural issues" is a good guarantee for the agricultural machinery market. Secondly, the price of food has risen since the second half of last year, mobilizing the enthusiasm of farmers to grow grain, and the purchasing power of farmers has risen. Third, the socialization of agricultural machinery has been further expanded, and the demand for large-scale agricultural machinery has increased. With the adjustment of the agricultural structure, new progress has been made in the adjustment of product structure in the agricultural machinery industry. It is expected that the production and sales of agricultural machinery industry will maintain a stable and rapid growth trend, with a growth rate of 10%-20% of total industrial output value.
Construction Machinery: Due to the construction of many important projects in recent years, such as energy engineering, western development, road construction, real estate, urban development, South-to-North Water Transfer, and Olympic engineering, it is expected to maintain a growth rate of over 20% in 2004. The estimated sales volume of the eight mainframes in 2004 is: 45,000 excavators, an increase of 40.60%; 12,500 truck cranes, an increase of 19%; 35,000 forklifts, an increase of 9.40%; 11,800 road rollers, an increase of 9.30%; 9,000 bulldozers, an increase of 18.40 %; loader 90,000 units, an increase of 28.60%; paver 1400 units, an increase of 16.70%; grader 2000, an increase of 17.60%.
Petrochemical equipment: The rapid development of the national economy, strong demand for petrochemical equipment. The export of petrochemical products has also grown rapidly. In particular, large-scale complete drilling rigs and various drilling and mining equipment have gradually entered Central Asia and the Middle East. In 2003, the export volume was 340 million US dollars, which was 2.7 times of the import value of similar products. The market situation is promising.
Concrete machinery: The production of domestic concrete machinery in 2003 has exceeded 50% of the expected output, and it is expected to continue to grow this year. The concrete mixer truck has an existing production capacity of about 6,000 vehicles, and the demand for more than 7,000 vehicles last year. Bulk cement trucks have produced more than 5,000 vehicles nationwide. Since the national restrictions and the ban on the use of bagged cement on-site mixing of cement will be implemented soon, the market demand for bulk cement transport vehicles will increase significantly from this year, and will continue to maintain a growth rate of 30% in recent years. Concrete pump trucks, there are more than ten production enterprises, with a total production capacity of 600 vehicles, with high technical content and added value.
The development of related industries has brought great development opportunities for the hydraulic and pneumatic sealing industry. It is estimated that the sales of the hydraulic and pneumatic sealing industry in 2004 may reach 12 billion yuan.
2. Several issues worthy of attention in this industry
1) Restrictions on the "bottleneck" of materials, energy and electricity. On the one hand, it is necessary to reduce production costs. On the one hand, the range of product price increases is limited, and some products and enterprises with excess capacity and weak competitiveness will be in a dilemma.
2) Quality, delivery time, after-sales service and other issues, in the case of some products in short supply, it is easy to "relapse of old diseases", enterprises to work overtime, equipment, and management, etc. "returning", it deserves our high attention.
3) The increase in accounts has been too fast, and some enterprises have been in arrears in payment, which has caused the company's funds to be tight. In particular, we must pay attention to the direction of the state's macro-control policies. We must be cautious when undertaking certain projects.
4) The pressure will increase. According to customs statistics, in 2003, the import of counterpart products in the industry was 826 million US dollars, an increase of 60.7%. A large part of the imports were not included in the statistics as the main parts were imported. Imports account for about 38% of the domestic market capacity, and imports have a strong growth trend, posing a certain threat to the domestic component market.
At present, the state is stepping up macroeconomic regulation and control, strictly controlling excessive investment in fixed assets, accelerating industrial restructuring, and restricting the blind construction and expansion of certain ultra-developed industries, which will make economic development more stable. The state is formulating a new industrial structure adjustment policy, and the hydraulic, pneumatic, and sealing industries have been included in the industry that the state supports and develops. The state is organizing the development of the "Eleventh Five-Year" development plan and the "medium and long-term science and technology development plan". The industry as an important basic component is listed as an industry that needs to support development. In the face of the improvement of the international economic situation, the domestic market demand continues to be strong, and our industry should firmly grasp this hard-won development opportunity, develop and strengthen itself, and strive for greater achievements this year and in the years to come.
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