As of February 4, a number of listed construction machinery companies announced the 2019 annual performance forecast, summarizing the performance forecast of some listed construction machinery companies. From the performance forecast of various construction machinery enterprises, driven by downstream infrastructure demand, equipment upgrade demand, and other factors, the total revenue of construction machinery industry is expected to continue to rise in 2019.
Sany heavy industry
During the reporting period, the company's sales of Excavating Machinery, Concrete Machinery, hoisting machinery, Piling Machinery and other equipment continued to grow, and the level of profitability increased significantly. Main reasons:
1. The construction machinery industry continues to grow, driven by multiple factors such as the demand for infrastructure construction, the state's strengthening of environmental governance, the growth of equipment renewal demand, and the artificial substitution effect;
2. The company's core competitiveness in r&d, innovation, intelligent manufacturing, marketing services and other aspects has been continuously enhanced, and the market share of Mining Machinery, Concrete Machinery, hoisting machinery, Road Machinery and other major products has been continuously increased, leading products with strong global competitiveness;
3. The company vigorously promotes digital transformation, and the operating efficiency and per capita output value continue to increase significantly;
4. Implementation “ Improving quality and reducing cost ” Relying on intelligent manufacturing and technological innovation to improve product quality, effectively control and reduce costs, and continuously improve profitability;
5. Strictly control risks. The company pays attention to the control of various operational risks, and keeps improving the quality of operation and assets.
XCMG group
During the reporting period, each product segment of the company grew at a high speed in an all-round way, and the sales revenue and profit level significantly improved. Main reasons:
1. Benefiting from the steady growth of domestic fixed asset investment and the renewal demand of construction machinery stock equipment, the construction machinery industry continues to maintain its growth momentum. The company seize the opportunity, promote enterprise transformation and upgrading, practice “ Technology is leading the way, can not be destroyed; The gold standard has realized the quality, efficiency, scale and sustainable ldquo; There is one possibility; High quality development, the company's domestic operating revenue and net profit to achieve substantial growth.
2. The company follows closely the country “ Bb0 ” We have adopted a development strategy to accelerate the global distribution of industries, improved our overseas marketing and service systems, improved our international competitiveness, and significantly increased our export revenue.
zoomlion
Reasons for pre-increase of company performance:
1. In 2019, the demand of domestic downstream industries such as real estate and infrastructure will maintain a good growth rate, and the construction machinery industry will maintain a sustained boom and maintain a medium-high growth rate throughout the year. Company insisted on high quality under the premise of operation strategy, stimulate sales force energy, energy efficiency and improve our service to domestic leading concrete equipment, lifting equipment and other products the market feedback good, both production and marketing, emerging potential products such as earth moving equipment, aerial work platform achieved breakthrough, overseas business continues to grow, the company as a whole achieved significantly better than the industry average sales revenue growth.
2. The company focuses on the research and development and the launch of new products. The 4.0 series core products such as Concrete Pump Truck, Tower Crane and engineering crane have increased their market coverage and further enhanced their market competitiveness. Intelligent manufacturing, scale effect, product upgrade, structure optimization and management level improvement and other factors make the sales scale increase, while the company's average gross profit level significantly improved.
3. The company continued to strictly control all costs and expenses, especially the growth of sales scale, and the ratio of management expense and financial expense decreased rapidly year on year.
Liugong
During the reporting period, the steady increase of sales volume of each product line and the expansion of sales scale have continuously improved the company's profitability and promoted the growth of the company's profit.
mountain and river intelligence
The reasons for the increase of net profit in this reporting period over the same period last year are:
1. During this reporting period, the company's operating revenue increased by nearly 30% year on year, and the revenue of the construction machinery sector and the aviation sector both increased significantly. However, due to increased investment in new product research and development, increased marketing and after-sales service support, the profit increase was not as good as the revenue increase;
2. The non-recurring profits and losses of the company in 2019 will affect the net profit of about 100 million yuan, of which government subsidies will affect the net profit of about 80 million yuan. In addition, equity incentive costs affect net profit of about 42 million yuan.
hengli hydraulic pressure
Reasons for pre-increase of company performance:
(I) impact of main business
1. Benefited from the strong growth of the whole domestic and foreign downstream industry market demand, the company's mature product oil cylinder production
Utilization rate can continue to improve, with the core competitiveness and market influence of the product, product sales and sales are
There is an increase.
2. The company started the research and development of new product hydraulic pump valve and hydraulic system in 2013, till this year
H, the main control valve pump for medium and small Excavator has been supplied in batches, with steady increase in market share, product sales and sales
Sales rose sharply.
(ii) impact of non-operating profit and loss
The impact of non-recurring profit and loss on net profit in 2019 is estimated to be about 85-10,000 yuan, main
To be due to the appreciation of the dollar against the RMB exchange rate, the company exchange income increase.
construction machinery
Reasons for pre-increase of company performance:
(I) impact of main business
In 2019, the construction machinery leasing market will increase steadily. By increasing the number of large and medium-sized Tower Cranes, the company will reduce the proportion of small Tower Cranes, continue to optimize and adjust the proportion of equipment structure, and seize the newly added market share. In 2019, the purchase volume of leased equipment increased by about 43% compared with the same period last year. Meanwhile, rental prices increased from the same period last year, resulting in a year-on-year growth of construction machinery rental revenue of about 53% and a corresponding increase in net profit.
(ii) impact of non-operating profit and loss
Non-recurring gains and losses have no material impact on the performance of the period.
(iii) impact of accounting treatment
The accounting treatment had no material effect on the current period.
Hesteel resources (former hebei job builder) :
The main reason for the year-on-year increase in the company's operating performance during this reporting period is the high price of iron ore (580, -4.50, -0.77%), which greatly improves the profitability of iron ore products.
eddy precision
During this period, the company's two main businesses, construction machinery and equipment products and high-end hydraulic products, achieved a relatively large growth, the main reasons are as follows:
1. The company's production of heavy hydraulic Crusher suitable for 30-100 tons Excavator has strong core competitiveness and market brand effect. At the same time, with the continuous growth of the construction machinery industry, the company's order demand is large, the demand exceeds the supply, and the sales revenue increases significantly.
2. On the basis of the original customer group, the company has continued to develop strategic partners of a number of well-known international and domestic Excavator mainframe enterprises, and its market share has increased significantly.
3. The high-end hydraulic parts produced by the company are sold in large quantities, and the hydraulic motors are cooperated with many domestic main excavator manufacturers in the front loading market, and the sales situation is good.
4. The company's production capacity has been greatly improved.
weichai machinery
It is estimated that the net profit attributable to shareholders of listed companies will be 68.58 million yuan to 85.09 million yuan in 2019, with a year-on-year growth of 65%-105%
dagon holdings
Reasons for performance change:
1. The parent company's 2019 annual net profit decreased compared with the same period of the previous year due to the limitations of the upstream industry's production capacity and the increase of management expenses and financial expenses caused by the company's investment and merger business; However, due to the integration of zhongde environmental protection technology co., ltd. from April 16, 2019, the company's overall performance in 2019 increased significantly compared with the same period last year.
2. It is estimated that the amount of non-recurring profit and loss of the company in 2019 is about 10.85 million yuan, which is mainly caused by the government subsidy received by the company, wholly-owned subsidiaries and some holding subsidiaries, which has a great impact on the company's 2019 annual net profit.
