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May construction machinery investment Aspect Analysis
Time:2013-6-28 11:02:49  Views:1552

Reconstruction pull construction machinery market demand 

After the earthquake in Ya'an, Sichuan, machinery and equipment industry within the region will be affected very limited, and the impact of construction machinery equipment industry listed company focused on the post-disaster relief and reconstruction aspects, from the previous earthquake crisis situation, construction machinery large supporting role of post-disaster reconstruction, boosting demand for construction machinery market has some positive effect.

Manufacturing economy continues to maintain the pattern of weak expansion

April, China's manufacturing PMI index was 50.6%, down 0.3% compared to March, the manufacturing sector continues to maintain the pattern of weak expansion, if recovery is weak. And in March this year, total industrial added value increased by 9.5% over the same period last year, of which 9.8% cumulative growth of heavy industry over last year. 2013 January to March, special equipment manufacturing fixed asset investment up 22.1% over last year, since the beginning of the year totaled 144.473 billion yuan. March 70 cities new commercial housing price index only Ningbo and Wenzhou, two appeared prices fell, the rest are there a rose.

Since the decline in revenue, gross margin decreased slightly, while the expense ratio during the occurrence of a larger increase, which leads to a dedicated finishing equipment listed companies net profit rose a more substantial decline, a drop of 34.41%; earlier, all the A-share listed companies net profit fell 5%.

Investment advice:

The next 12 months to maintain industry "attractive" rating

Earthquake reconstruction work focuses on the performance of listed companies pulling engineering machinery upgrade have some positive effect. Machinery industry still looking for structural opportunities, it is recommended to continue to focus on industry leaders and policy support and events affecting income growth of specific industries.

Previous-Fixed investment in railways construction machinery death Next-2013 sales in the first quarter narrowed to 5% loader
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