Machine tool industry in the first half of 2014 the overall economic performance of a low stabilization. Although from the beginning of the second quarter increased government steady growth and the economy should be down policy efforts, but in the domestic market demand structural adjustment, the international market demand recovery is slow, import competition, lack of liquidity and financial status of long-term deterioration of multiple adverse factors, enterprises face difficulties in their business operation and the potential risks, the operating pressure of industry still a great.
A decline in the growth rate, the entire industry
According to the National Bureau of statistics in 2014 1-6 month economic data, metal processing machine tool main business revenue grew 8.7%, an increase of 6.4% metal cutting machine tools, a year-on-year growth of 13.3%. compared with the first quarter of metal forming, respectively -0.5, -1.3 and 1 percentage points.
Statistical data of machine tool association key contact network also shows, 2014 1-6 month all the enterprise product sales revenue fell 2.6%. the metal cutting machine tool products, sales revenue fell 7.7% year-on-year; machine tool product sales revenue grew 4.3%. metal forming
By two, whole industry operation quality
1, the financial situation is not optimistic
According to the National Bureau of statistics in 2014 1-6 month economic operation data, the whole industry profit rate of the main business revenue, accounts receivable turnover and asset liability ratio are respectively 5.5%, 4.6 and 54.1%; metal cutting machine tools in the three indexes were 3%, 2.7 and 62.6%; metal forming machine tools, these three indices were 5.8%, 4.2 and 54.3%.
See from the above data, the whole industry revenue of main business profit rate is lower than the one-year lending rate, metal cutting machine tool industry even lower than the one-year deposit interest rate, reflecting the industry profitability declined seriously. The whole industry, metal cutting machine tools and metal forming machine tool industry accounts receivable turnover compared with the same period last year decreased by 0.2, 0.2 and flat, reflect the liquidity variation. The asset liability ratio approaching and exceeding 60%, increased financial risk.
2, the deficit continued, the grim situation
The National Bureau of statistics, 1-6 month 2014 economic data reflect the entire industry loss making enterprises accounted for 13.8%, the Chinese holding company loss accounted for 41.8%. in the eight sub industries, the loss is the largest metal cutting machine tools, loss making enterprises accounted for 24.7%, the Chinese holding enterprise losses accounted for 50.8%.
In 2014 1-6 month, machine tool association is a key link in the network loss making enterprises accounted for 38%, of which 45.5% metal cutting machine tools, forming machine tools for the 18.2%. compared with last month increased by 2.3 percentage points and 2.2 percentage points.
Three steady growth in exports, according to customs statistics data
In 2014 1-6 month machine tool export amount of $5280000000, an increase of 18.5%, representing an increase of 7.4 percentage points over the same period last year. In the background of the domestic market demand remains in the doldrums, the decline of the production and operation of enterprises, the first half of 2014 exports showed steady growth. To open up overseas markets and strengthening export is becoming an important breakthrough to resolve excess capacity and realize the industrial transformation and upgrading.
From the export commodity structure, the first three is the cutting tool ($1240000000), abrasives ($1040000000) and the metal cutting machine tool ($970000000), its exports accounted for 23.5%, 19.7% and 18.4%.
Four, the market demand stabilization
Because of China a slowdown in economic growth and development mode change, China machine tool consumption market and industry structural adjustment in experiencing the profound, to significantly reduce the total structure, accelerate the upgrading of market changes for the characteristics of the increasingly obvious. With the China economic development has entered a new normal, changes in machine tool consumer market demand will tend to be stable.
1, the total order quantity decreased, low stabilization
According to the 2014 1-6 month machine tool association key contact network order statistics show, all the enterprises of new orders fell 3.3%, drop compared to the same period in which 3.3%. orders in hand, metal cutting machine tool of new orders fell 4.3%, drop compared to the same period 3.2% orders in hand; machine tool of new orders fell 8.4% in metal forming, orders in hand fell 5.1%.
2, imports from negative to positive, the high-end demand
2014 1-6 months, total imports amounted to $8150000000, an increase of 0.28%. and the 2013 import year-on-year data compared (-20.2%), has the obvious rise. From the beginning of May, machine tool imports 2 successive month of the year and chain double growth. Growth, stability and promote foreign trade measures of comprehensive effects in the appreciation of the renminbi and the nation, is expected in the second half of imports will present tail trend, and the annual import to achieve positive growth. Because the import situation reflected in the domestic high-end market demand, so the recent trend of imported indicates that the high-end market demand in China is picking up.