2018 a year has been over half of the year, and in the near future, in the near future, some of the domestic listed companies' half year performance forecast and foreign mainstream enterprises' second quarter earnings report, the second place.
In 2018, the construction machinery industry continued the overall strong performance in 2017. From the current disclosure performance, the business revenue and profit performance are also very bright, the market is generally bullish.
Many domestic listed companies are expected to double profits
Sany
Sany announced in July 30th that the net profit attributable to shareholders of Listed Companies in 2018 is 3 billion 248 million yuan ~35.96 billion yuan, which will increase by 2 billion 88 million yuan ~24.36 billion yuan compared with the same period of last year, an increase of 180%~210% over the same period.
Sany pointed out that, during the reporting period, the sale of equipment, such as machinery, concrete machinery, lifting machinery and other equipment sales continued to grow strongly, under the influence of multiple factors, such as the demand for the downstream infrastructure, the growth of the equipment renewal demand, the artificial substitution effect, the environmental drive, the further promotion of the core competitiveness of the company. The quality and efficiency of the company has been greatly improved, the utilization of production capacity and the overall profit level of the product continue to increase, and the overall rate of the cost of the period has continued to decline, and the profit level has been greatly improved over the same period.
Xugong Construction Machinery
In 2018, the performance forecast of XCP in half year showed that the company's net profit of the listed company shareholders was 1 billion yuan ~11.5 billion yuan, which was about 550 million yuan in the same period of the same period of last year, and the range of increase was 81.82%~109.09%.
The situation of the construction machinery industry is benefited from the market opportunity brought about by the "one along the road" and the structural reform of the supply side. Xugong continues to promote the "three high and one big" product development strategy, and ground the "technology leading, no destruction" gold standard to achieve the quality, benefit, scale and sustainable "three one" high quality. During the reporting period, the company's operating income increased considerably compared with the same period last year, and the net profit increased considerably.
Willow worker
In the first half of 2018, Liugong reported that the company was expected to gain 533 million 320 thousand yuan ~66277 yuan in the first half of the year, up 118.94%~172.08%, considering the acquisition of 51% shares in Shanghai Jintai, and a retrospective adjustment to the earlier financial statements, up 105.99%~155.99%.
The high growth of Liugong's performance mainly came from the steady increase of sales volume of main products such as excavators, loaders, cranes and so on.
sunward
As the first enterprise to disclose half a year's performance, Shan River intelligent is also the most eye-catching performance in the first half of this year. Its annual report performance forecast said that 2018 1~6 month is expected to belong to the listed company's net profit profit of 277 million 660 thousand yuan ~31972.98 million yuan, a year-on-year increase of 230%~280% (the company's earnings of 84 million 139 thousand and 400 yuan in the same period last year).
Mountain and river intelligence mentioned, performance growth is mainly due to the construction machinery industry continued to maintain the boom, excavator sales increased significantly, the company's high Maori rotary drilling rig continues to supply, the overall off-season is not weak, revenue continues to increase over the same period. The report also mentioned the steady growth of AVMAX performance.
Foreign mainstream enterprises achieved two digit growth in the second quarter (construction machinery).
Caterpillar
The second quarter of 2018 showed better-than-expected earnings per share and revenue in the second quarter, and Caterpillar again sharply raised its full-year earnings forecast.
Caterpillar's sales in the second quarter increased 24% compared to the same period last year, and sales revenue increased 27% in the first half year. Construction Industries'second-quarter sales totaled $6.172 billion, up 24% from a year earlier. Profits grew by 28% compared to the same period last year, with a profit margin of 18.7%.
Among them, sales in North America increased by 18%, sales in South America increased by 8%, EAME (Europe, Africa, Middle East) increased by 21%, and sales in the Asia Pacific region increased by 43%, the fastest growing area. Caterpillar says most of China's demand comes from the increase in construction and infrastructure investment, and the favorable impact of the appreciation of the RMB has also promoted sales growth.
KOMATSU
The net sales in the second quarter of 2018 amounted to 646 billion yen (JPY), up 15.1% over the same period last year. Komatsu Construction Machinery, Mining Machinery and Public Equipment Department sales accounted for 92% of total sales, an increase of 15.4% year-on-year, profit growth of 86.9%.
Hitachi
Sales in the second quarter of 2018 amounted to 21658 billion yen (JPY), up 4% over the same period last year. Hitachi's construction machinery sales were 242 billion yen (JPY), up 14% year-on-year, and EBIT (pre-tax profit) was 7.4%. Hitachi said the main growth came from the Asia Pacific and North American markets.
Volvo
Thanks to a competitive portfolio and huge demand in most markets, net sales of Volvo construction equipment increased by nearly 1/3 in the second quarter of 2018, up 32% to 24 billion 403 million Swedish Krona in the second quarter of 2017 (18 billion 439 million KRAS in the second quarter of 2017). At the same time, business revenue also achieved strong growth, up to SEK 3 billion 675 million, more than 2 billion 460 million kronor in the same period last year.
In the second quarter of 2018, the number of orders increased by 41%, and the delivery rate increased by 38% to 24108 units during the same period. The demand for SDLG wheel loaders, SDLG and Volvo excavators increased, in the first half of the year, the Chinese market was especially strong in order intake, up 72% from the same year.
Case
CNH Industrial Company consolidated revenue in the second quarter of 2018 increased by 15% to $8 billion, and net profit increased 73% to $408 million. Among them, construction machinery sector sales in the second quarter of 2018 reached US $799 million, an increase of 22.9% over the same period last year.
