Nowadays, wireless control function can be seen in all kinds of construction machinery. Xiamen Weite Technology Co., Ltd. has been engaged in wireless industrial control system for many years, undertaking the modification and maintenance of various wireless automatic telephone equipment and construction machinery, making wireless control possible. (Apollo, Cupid, Hercules industrial wireless remote control system)
Overall, the prosperity of the machinery industry in July was still hovering at a low level, and almost all the enterprises surveyed reported that there was no upward trend in downstream demand at present. Machine tool enterprises report that the number of orders has decreased compared with last year, and it is unlikely to deteriorate further; Construction machinery enterprises report that the sales volume this month is basically in line with expectations, and there may be a slight improvement in the case of a low year-on-year base. We expect the national sales of excavators to be around 6,000-6,500 in July, achieving single-digit year-on-year growth.
The market has stabilized in the off-season.
As of July 24th, in Bohai machinery industry 13 sub-industry, only "construction machinery" and "heavy machinery" were ranked at the bottom of the industry with a decrease of 3.42% and 1.49%, respectively, under the pressure of multiple negative effects such as declining industry prosperity, weak business performance, lack of favorable events and substantive support policies. The "railway equipment" with sustained favorable policies and consistent market expectations, and the "light industrial machinery" sector with both "artificial substitution" attributes and a large number of small and medium-sized stocks led the industry with an increase of 18.45% and 17.80% respectively.
New orders in the machine tool industry still declined year-on-year: some enterprises reported that the order decline remained at about 20%, which was about 50% lower than the high points of 10 and1. Almost all enterprises report that the order volume is basically stable at this level.
Construction machinery research companies reported that the sales volume in July was in line with expectations: most companies reported that the market stabilized in the off-season, which was basically consistent with previous expectations. Although there may be some improvement in the year-on-year data, manufacturers are not too optimistic and think that the situation will not improve much in the second half of the year.
The negative impact of money shortage may be gradually reflected in the future: excavators generally have a small growth within 10%, and will fluctuate between flat and small growth in the second half of the year. Some manufacturers are beginning to predict that the demand for extractive industries will start to improve slightly. Crane manufacturers expect sales to drop 10% this month, and concrete machinery manufacturers expect sales to be flat this month. Some enterprises have mentioned that they have already felt that the loan for construction machinery is lagging behind, and a bank that has the most cooperation with the construction machinery industry may not increase the credit for construction machinery. In the case that each enterprise's own financing company accounts for a relatively small proportion, it may have an impact on sales.
Machinery industry weekly
Construction machinery: investment in fixed assets continues to fall, and the probability of demand recovery in the second half of the year is very small. At the same time, the industry is in the stage of going to operating leverage, and it is expected that the prosperity of construction machinery will continue to be sluggish.
Railway equipment: this week, the policy side frequently released the signal of stabilizing economic growth by stimulating railway investment; We are firmly optimistic about the railway equipment industry, and believe that with the smooth progress of railway reform and the acceleration of construction, the industry prosperity will rebound rapidly in the second half of the year. We suggest paying attention to the progress of railway bidding and recommending CNR, Jinxi Axle, Yonggui Electric and Times New Materials.
Agricultural machinery: Agricultural mechanization is the general trend, and the subsidy policy will accelerate the development of the industry. The agricultural machinery industry will continue to prosper in the next three years. Recommend JAC Power and Xinyan shares.
Pump industry: South pump industry is recommended. The company focuses on the field of "water treatment equipment" to lay the foundation for sustained high growth.
Highway maintenance equipment: Senyuan shares are recommended, and the "Twelfth Five-Year Plan" national inspection promotes the demand for highway maintenance to enter the peak period.
Investment strategy of machinery industry in the second half of the year
20 13 investment strategy of machinery industry in the second half of the year: feast and troubles in the transition period. Transformation is the hottest word in government and market at present. In the field of machinery, it is reflected in energy reform, efficiency improvement and emerging industries.
Under the guidance of policies, enterprises seek their own development path in the transformation, which is an investment feast for machinery listed companies and also an investment pain. Before effective macro improvement, energy reform, efficiency improvement, people's livelihood equipment and emerging industries are still worthy of attention. At the same time, from the bottom up, choose listed companies with cheap valuation and strategic adjustment to enter emerging industries. For cyclical products mainly based on construction machinery, it is necessary to pay close attention to the changing trend of real estate new construction expectations, which determines the turning point.
Construction machinery: the sales volume is tepid, waiting for the expected rebound of new construction of real estate. In June, the sales volume of excavators was 8328. In terms of seasonal characteristics, the month-on-month decrease (-28%) is slightly higher than the average seasonal characteristics of 2006-20 10 (-24%). Macro data show that infrastructure investment remains at a high level, real estate sales are weak, and new construction is strengthened. Our view: the bottom interval, waiting for the expected rebound of new real estate construction.
It is expected to pick up gradually instead of falling sharply again. Real estate sales and new construction expectations turned from negative to positive, driving the stock price of construction machinery to stabilize and rebound.
Rail Transit: The acceleration of railway investment in the second half of the year is in line with expectations, and the future development of the railway is worth considering. The restructuring of the Ministry of Railways has kept railway investment at a low level since this year, which has also suppressed the performance of the entire sector. Nevertheless, all parties have made it clear that the investment in railway fixed assets set at the beginning of the year of 650 billion yuan (including 520 billion yuan for capital construction) will certainly be completed. In other words, in the case that the investment in fixed assets only accounts for about 30% in the first half of the year, the speed increase in the second half of the year is inevitable and within the expected range. Therefore, from the stock price, there will also be a rebound opportunity that is expected to be repaired. After the fall of Liu Zhijun, the previous working mode of the railway has been terminated; At the same time, after the railway corporation exists as an enterprise, the development of the industry will no longer be dominated by the government as before, but will enter a more market-oriented stage. Whether investment is built or not is more related to the cost of capital and investment income.
Judging from the total turnover and transaction amount of various industries, the machinery and equipment industry ranks first. During the year, more than 40% of the 345 constituent stocks in the machinery and equipment industry landed on the block trading platform, with a cumulative turnover of 65.438+0.3./kloc-0.9 billion shares and a cumulative turnover of 65.438+0.395 billion yuan.