Summary of the end of August, China's machine tool industry listed companies have released first half results report, the first half of 2013, China's machine tool industry and the whole industry is not expected upturn occurs, the performance of many listed companies is still in continues to decline, even loss of status . but...
At the end of August, China's machine tool industry listed companies announced their first half of this year's performance report. In the first half of 2013, China's entire machine tool industry did not show the expected improvement in the industry. The performance of many listed companies continued to decline and even lost. However, in the semi-annual report, it is generally believed that the economic downturn is only temporary, and the equipment manufacturing industry will certainly usher in greater development opportunities. According to the comprehensive company performance report, in the first half of 2013, Shenyang Machine Tool's net profit attributable to shareholders of listed companies was approximately 10.25 million yuan, compared with approximately 53.27 million yuan in the same period of last year, and profits decreased by 80.75% year-on-year; Huazhong CNC belongs to listed companies. The net profit of shareholders was approximately 3.21 million yuan, a decrease of 79.6% over the same period of the previous year, and the net profit attributable to shareholders of listed companies was approximately 2.46 million yuan, compared with approximately 16.41 million yuan in the same period of last year. The decrease was 84.99%; the net profit attributable to shareholders of listed companies in Nantong forging was about 1.61 million yuan, which was about 18.7 million yuan in the same period of last year, a sharp decrease of 91.41%.
In addition, the net profit attributable to shareholders of listed companies was approximately 9.02 million yuan, a decrease of 29.52% over the same period of the previous year, and the net profit attributable to shareholders of listed companies was approximately 47.2 million yuan. In the same period of last year, it was about 53.05 million yuan, a year-on-year decrease of 11.03%.
The above-mentioned enterprises can still maintain a certain profit, and more enterprises will suffer losses in performance. In the first half of 2013, Kunming Machine Tool's net profit attributable to shareholders of listed companies was about -43.61 million yuan, and the profit for the same period last year was about 3.59 million yuan. The loss-making performance caused a net profit to decrease by 1313.91% over the same period of the previous year; Qinghai Huading The net profit attributable to shareholders of listed companies was approximately -12.37 million yuan, compared with -10.14 million yuan in the same period of the previous year, an increase of 21.94% over the same period of the previous year; the net profit of Huadong NC attributable to shareholders of listed companies was approximately -29.18 million yuan. In the same period of last year, it was about -7.65 million yuan, an increase of 281.45% over the same period of the previous year; Qinchuan's net profit attributable to shareholders of listed companies was about -364 million yuan, compared with about 8.33 million yuan in the same period last year. Compared with the same period, net profit decreased by 143.74%.
Machine tool companies remain optimistic
Although the performance has been declining to varying degrees, these listed companies have basically stated their strategies for future development in the semi-annual report. In the first half of 2013, Shenyang Machine Tool independently developed a number of new CNC machine tools based on the national major science and technology projects and overseas R&D centers. Two new products, ASCAMILL and ASCARAPID, have been successfully developed, creating a new model of German technology, Chinese manufacturing, and global sales. At present, Shenyang Machine Tool is transforming into “Product Life Cycle Managementâ€, and another 51 4S shop authorized dealers will be formed by the end of the year.
In addition, Huazhong CNC relies on the technical advantages of Huazhong 8 to increase cooperation with key machine manufacturers such as Dalian Machine Tool, Shenyang Machine Tool and Kunming Machine Tool, and strives to create a “Dalian model†oriented to user needs. In addition to adopting a flexible promotion plan to digest inventory, Nantong Technology will also adjust the existing machine tool production layout and product strategy, and adhere to the high-end development strategy, and ultimately achieve alternative imports. Companies such as Nantong Forging, Law Factor Control, and Yawei Co., Ltd. also launched their own response strategies, indicating that they will make full use of the company's resources, improve capacity utilization, find new areas, and enhance the company's profitability.
Overall, the semi-annual report generally believes that the current economic downturn is temporary and phased. China's large-scale industrial upgrading and technological transformation are far from over, and there is still huge market demand for large-scale high-end equipment in the future. The industry will surely usher in new and greater development opportunities.
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