Analysis of the Operation of Machine Tool Industry from January to August 2010

From January to August of 2010, the domestic and international economic environment was complex and changeable. The Chinese government persisted in implementing a package plan to deal with the impact of the international financial crisis, targetedly improved and improved macro-control, and actively promoted changes in economic development patterns and structural adjustments. The monthly fixed asset investment in urban areas rose by 24.8%, and the national economy continued to develop in the expected direction of macroeconomic regulation and control.

The growth rate of production and sales in the machine tool industry continued to grow at a double-digit rate. From January to August, the total industrial output value increased by 42.2% year-on-year, and the sales revenue of products increased by 44.1% year-on-year. Imports and exports increased significantly compared to the same period of 2009, but exports It has not yet recovered to the level of the same period in 2008, and the financial crisis is still profoundly affecting the export of the machine tool industry.

I. Completion of the major economic indicators of the industry from January to August and statistics on import and export 1. The completion of the major economic indicators of the machine tool industry completed a total industrial output value of 336.54 billion yuan, an increase of 42.2% year-on-year.

The product sales value was 329.74 billion yuan, a year-on-year increase of 43.5%.

The sales rate of industrial products reached 98.0%, an increase of 0.9 percentage points year-on-year.

The profit was 20.57 billion yuan, a year-on-year increase of 73.8%; the output value margin was 5.7%, an increase of 1.3 percentage points year-on-year.

The cumulative amount of total fixed asset investment increased by 17.7% year-on-year, a decrease of 28.7% over the same period of last year.

2. The completion of the major small-scale economic indicators (1) The gold-cutting machine tool industry The total output value of the gold-cutting machine tool industry was 78.74 billion yuan, a year-on-year increase of 35.5%.

The output of gold-cutting machine tools was 475,648 sets, of which, the output of CNC machine tools reached 135,894 sets, a year-on-year increase of 31.8% and 65.4%, respectively.

The gold-cutting machine tool industry realized a profit of 4.54 billion yuan, an increase of 1.69 billion yuan over the same period last year; the profit margin of the output value was 5.8%, an increase of 0.9 percentage points year-on-year.

(2) The total output value of the forming machine tool industry in the forming machine tool industry was 24.86 billion yuan, a year-on-year increase of 42.4%.

The output of forming machine tools was 174,519 sets, of which, the output of CNC machine tools reached 8498 sets, which was a year-on-year increase of 28.6% and 21.5% respectively.

The profit of the forming machine tool industry was 1.32 billion yuan, an increase of 700 million yuan over the same period of last year; the profit rate of the production value was 5.3%, an increase of 1.7 percentage points year-on-year.

3. Imports and Exports of Machine Tool Products The cumulative import of machine tool products has reached a record high, reaching US$9.54 billion, a year-on-year increase of 51.0%. Among them, metal processing machine tools imported 5.62 billion US dollars, an increase of 41.7%.

Exports of machine tool products reached US$4.4 billion, an increase of 50.1% year-on-year; among them, exports of metal processing machine tools reached US$1.16 billion, an increase from the same period last year. 30.1%. Not yet reached the level before the financial crisis.

Second, the analysis of the economic operation of the industry 1. Production and sales situation Production analysis: In the first half of the year, the gross industrial output value of the machine tool industry continued to grow at a rapid rate. The monthly data show that after February, the monthly output value has stabilized at more than 40 billion yuan. The concrete completion of the total industrial output value of the machine tool industry in the past 13 months is shown in Figure 1.

Among the large-scale machine tool industry, the total industrial output value of the three small industries such as industrial measuring tools and measuring instruments, gold-cutting machine tools, and woodworking machinery grew at a lower rate than the industry average, which was 33.5%, 35.5%, and 38.9%, respectively. The growth rate of the other five small industries was higher than the industry average. The highest growth rate was in machine tool accessories, which reached 50.0%, followed by abrasives, foundry machinery, other metal processing machinery, and metal forming machine tools in small industries.

From August 2009 to August 2010, the year-on-year growth rate of the gross industrial output value of the Jinye machine tool industry continued to grow positively, showing a steady upward trend. The monthly total industrial output value in the last 13 months is shown in Figure 2.

Judging from the indicators of industrial output value, the national machine tool industry reached 42.2% growth from January to August, and the monthly growth rate in August reached 43.6%, higher than the average growth rate from January to August, and the growth was still strong. However, we believe that this strong momentum will not be sustained and the growth momentum will gradually decline.