Continuous development of construction machinery industry twists and turns

Although the construction machinery industry is not developing as fast as in previous years, the overall development trend this year is still positive. Although the development path has certain twists and turns, it is still unable to stop the construction machinery from moving toward a brighter pace.

Despite the poor development of the construction machinery industry alone, the development of related upstream and downstream industries is still optimistic. One of the closely related industries - the development of the real estate industry will inevitably drive some of the engineering machinery companies. In spite of the real estate regulation, the demand for construction machinery has a great impact, especially when the developer suspends construction and only sells inventory. The declining start-up volume and the lack of funds for other infrastructure construction have resulted in serious overcapacity in the construction machinery industry and the profit margin has been further compressed. However, the construction of national urbanization has provided a rare opportunity for development for the construction machinery industry. The transformation of shantytowns and the construction of affordable housing also provide protection for the industry, and it also provides a large market space for construction machinery products.

In addition, judging from the recent revenues of listed companies listed on construction machinery, in the first half of 2013, 21 listed companies completed operating revenue of 118.549 billion yuan, a year-on-year decline of 13.07%. Fortunately, since major construction machinery companies started to adopt a more cautious sales policy in the second half of last year, the base figure in the second half of the year was relatively low. Therefore, it is expected that most of the engineering machinery varieties represented by excavators will achieve year-on-year growth in the second half of the year.

In this regard, industry insiders expect that 2013 will be the same as 2012 or maintain a slight stable growth trend, and in the second half of 2013, it is expected that the market sales volume will recover. However, it is still necessary to see that the entire macro-economic benefits are in inertial decline. The accumulation of sales decline in the construction machinery industry in recent years has made it difficult for economic returns to recover in the near future. However, the overall trend is still leaping upward, but this road is quite It is a twist.