Winter warming machine tool industry showed a good trend

Since 2015, the economic operation of the machinery industry is facing greater difficulties, the market demand is not strong, the main economic indicators of growth since the international financial crisis hit a new low, highlighting the grim situation of the industry.

It is expected that in 2015 the annual growth rate of machinery industry will be lower than last year, the industrial added value is expected to grow by about 5.5%, profit growth of 2.5%~3%, the main business income of about $4%, foreign trade surplus of about $110 billion.

A data

Low speed operation of production and marketing

Since 2015, the growth rate of the added value of machinery industry has always been lower than the national average, which is rare for many years. As of November last year, the cumulative growth rate of industrial added value of mechanical recovery in the automobile manufacturing industry driven by an increase of 5.3%, up 0.1 percentage point more than 1~10 months, is still 0.8 percentage points lower than the national industry; the month of November, the growth rate increased significantly, an increase of 6.7%, up 1.4 percentage points higher than in October, the automobile manufacturing industry grew 13% in November, picked up 5.7 percentage points higher than in October. Statistics in the 49 categories of industries, there are 14 kinds of industry value added growth rate increased, the growth rate of the growth rate of the industry in the 35 categories of decline.

Product price index continued to slump. Affected by the lack of demand, mechanical products market competition is fierce, the overall price level continued for many years in the doldrums. 2015 1~12 months, the cumulative price of mechanical products fell 1.3%, has declined for the first time in 48 consecutive months. 1~12 month in the statistics of the 142 major mechanical product prices, the cumulative decline in the price of the product has 103 kinds, accounting for up to 72.25%, while the cumulative increase in the number of products up to the price of the year for the 29, the same as the 10.

Main business income is low

Since 2015, the main indicators of the machinery industry continued to decline since last year. 1~11 month machinery industry main business income 20 trillion and 590 billion yuan, an increase of 3.32%, compared with the same period last year growth rate of 9.65%, down by 6.33 percentage points. Growth was the lowest since 2008.

2015 1~11 machinery industry total profit of 1 trillion and 386 billion 372 million yuan, an increase of only 2.48%, percentage points higher than that of 1~10, but the growth rate over the same period last year (11.24%) fell by 8.76 percentage points. From the quarterly growth rate, the machinery industry profit growth in the two quarter fell by 1.29 percentage points in the first quarter, the second quarter rose by more than 0.21 percentage points in the two quarter, 1~11 month rose by more than 2.14 percentage points in the three quarter. Profit growth continued downward trend has improved.

Automobile industry profit recovery has a greater impact on the industry. 1~11 months of 2015 the automotive industry realized a total profit of 548 billion 149 million yuan, an increase of 1.04%, from 1~10 month fell 2.6% to an increase of 1.04%, up 3.64 percentage point rise, profits in auto industry growth rate of 56.27% for the whole industry. November the month of the automotive industry profit 71 billion 242 million yuan, an increase of 34.93%. Automobile manufacturing profits fell 5.82%, a decline of more than 1~10 (-10.44%) narrowed sharply, auto parts grew by 11.12%, much higher than the industry average. 2015 1~12 months, the national auto industry to complete the export delivery value of 354 billion 141 million yuan, an increase of up to 0.46%. The main sub sectors, the annual growth rate of car manufacturing industry reached 270.37%.

The month of 2015 1~11 machinery industry profit rate is 6.73%, down 0.06 percentage points, the contribution rate of total assets 13.18%, 0.6 percentage points year-on-year decline, increasing the value of capital ratio of 110.7%, current assets turnover ratio of 1.96, a year-on-year decrease of 0.05, cost profit rate of 7.23%, down 0.08 percentage points.

Rapid growth of investment in renovation

The month of 2015 1~11 machinery industry investment in fixed assets totaled 4 trillion and 503 billion 302 million yuan, an increase of 9.75%, 0.48 percentage points higher than 1~10 months; but still lower than the same period in the whole society (10.2%) 0.45 percentage points, the growth rate of investment in machinery industry with the same period last year (12.4%), down 2.65 percentage points.

2015 1~11 months in different holding enterprises, accounting for up to 77.75% of the private holding enterprises investment growth of 10.74%, up 0.64 percentage points higher than 1~10 months; in different subordinate relationship, the central and local investment grew by 24.78% and 9.46% respectively, the central investment growth rate down 3.76 percentage points over 1~10 months, the local investment growth accelerated 0.55 percentage points; the different nature of construction, construction and expansion of investment growth rate than 1~10 months to speed up 0.07 and 2.83 percentage points. Reconstruction and technological transformation investment growth has remained above 20% growth. From the proportion of view, 1~11 month renovation and technological transformation of the proportion of investment in the industry accounted for 27.51% of the total, compared with the same period last year (25.01%) increased by 2.5 percentage points, pulling machinery industry investment growth of 5.18 percentage points.

Foreign trade imports and exports both declined

As the world economy into the depth adjustment phase, a significant decline in global demand, the machinery industry is also showing a downward trend of deceleration.

The month of 2015 1~11 industrial machinery import and export totaled $604 billion 651 million, down 8.08%; which imports $251 billion 924 million, down 14.2%; exports of $352 billion 724 million, down 3.15% since 2009, exports of rare drop. As imports fell faster than exports, the annual foreign trade surplus is expected to be around $110 billion.

B operating characteristics

Industry differentiation

China Machinery Industry Federation special adviser Cai Weici said that although the industry is in decline, but the agricultural, food packaging, and the car passenger car and consumption was near industry rate of decline is relatively small. In addition, compared with the construction machinery industry, parts industry is relatively stable. And supporting the main components of the industry is relatively good. And serve the investment,