Cai Weici: The uneven heat and cold in the machinery industry

According to the data analysis, in the first half of the year, the value-added of the machinery industry increased by 9.2% year-on-year, 0.2% over the same period of last year; the total profit realized was 600.1 billion yuan; the profit rate of the main business income was 6.35%; and the total revenue of the main business was 9.45 Trillion yuan, an increase of 12.92% year-on-year.

From the point of view of the operating characteristics of the machinery industry, the differentiation of the machinery industry has intensified, and the typical investment products production enterprises have great difficulties. The output growth rates of products in different industries are quite different. Generally, the production of products closely related to consumption is generally better than that of investment products. Products, agricultural machinery products, passenger cars in automobiles, instrumentation and other products have a good growth in output.

In contrast, the output of typical investment products such as machine tools, construction machinery, heavy machinery, and power generation equipment has dropped significantly, and companies in related industries have experienced more difficulties than last year. The output of excavators, metal cutting machine tools, metal rolling equipment, and power station boilers decreased by 13.89%, 12.55%, 12.04%, and 12%, respectively, year-on-year.

In view of the uneven industry, Cai Weici said that this is an inspiration to the structural adjustment of the industry: Industries that have a close relationship with consumption, such as agricultural machinery, passenger cars, and other industries have a higher growth rate than typical investment industries. It shows that the country is cultivating consumer growth and it is mainly people’s livelihood. In the “troika” that drives economic growth in investment, consumption, and exports, it has increased the driving force for consumption. Industry companies should focus on such trends. It is true that investment is still an important engine for stimulating the economy, but don't just focus on investment, and you should use more of your brainpower to consumers.

In the first half of this year, the machinery industry basically continued the favorable trend of stabilized in the fourth quarter of last year. The economic operation of the industry showed a trend of slow recovery, moderate growth, and steady development. The growth rate of industrial added value picked up slowly and was close to the national industry. Average.