Construction machinery sales both inside and outside "bumper harvest" 3 leading shares absorb nearly 500 million yuan
Recently, the latest data from the China Association of engineering machinery industry excavators showed that in May 2018, the mainframe manufacturing enterprises that were included in the statistics sold 19313 units of all kinds of mining machinery products, up 71.3% from the same year, 17780 in the domestic market, 69.6% in the same period, 1523 in export sales, 95.3% in the same period, 1 in 2018. Month -5 month total sales of various types of mining machinery products 105935, a year-on-year increase of 60.2%, domestic market sales of 98727, a year-on-year increase of 57.7%; export sales of 7172, an increase of 103.9%.
In May, the sales of excavators have set a new high in the same period, and according to the historical data of the previous 5 months of excavator sales in the past year, it is expected that the volume of excavators will also be refreshed this year. Domestic market, benefited from domestic demand pull, infrastructure, real estate, municipal engineering and other aspects of the demand for better sustainability, the future growth of domestic sales in the future has a certainty. On the other hand, the growth of the total export sales in May, or from January to May, is significantly higher than that in China, and the state of "high song and forth" shows that the competitiveness of domestic engineering machinery in overseas is rising continuously. Under the background of the recovery of the global engineering machinery industry, the countries along the road along the road are overlaid. The potential of the market is expected to inject continuous momentum into the overall development of the industry.
In the two level market, the recent performance of A share construction machinery plate is more prominent. Last week, the accumulative increase of the plate reached 3.05%, showing a "bright color" in the overall callback market. In particular, it has increased by more than 10% during the period of 15.80% (15.80%). In the plate, Liugong (8.75%), Sany (5.76%), Xugong machinery (3.92%), etc. 3 stocks followed, and the increase reached more than 3%, in addition, Anhui (2.89%), construction machinery (1.19%), ZOOMLION (0.48%), and other 3 stocks last week also achieved varying degrees of rise.
In the direction of capital flow, last week, the plate overall showed a net inflow of large single capital, of which the "Matthew effect" of the leading stocks was significant. Sany (443 million 124 thousand and 300 yuan) was favored by more than 400 million yuan in large single funds, the ability to absorb gold came out of the top, and the net inflow of large single capital during the period of two shares of Anhui joint force and Xiamen industry was also reached. More than 10 million yuan, respectively, 13 million 738 thousand and 300 yuan, 10 million 503 thousand and 400 yuan, the 3 stocks last week, total gold absorption of 467 million yuan.
On top of the performance, 11 of the 13 listed companies in the construction machinery industry have achieved a year-on-year increase in net profit, accounting for more than 80%, of which, ZOOMLION (345.51%) reported more than 300% growth in the reporting period, while Xugong machinery (157.39%), mountain push shares (149.71%), willow (143.38%), and Sany (101.18%) The net profit of the 4 companies also doubled in the period of the reporting period. The net profit of 3 companies, such as mountain and river intelligence (56.63%), Tian Ye Tong (31.94%) and Anhui joint force (31.18%), increased by more than 30% year on year, and achieved good performance.
For the future investment strategy of the construction machinery plate, Shanghai Securities said that under the three driving force of high profit growth, high growth of excavator sales and the expected shift of terminal demand, the future construction machinery plate still has higher allocation value in the construction machinery industry, and it is suggested that the construction machinery should focus on the construction machinery. Main engine leading enterprises and hydraulic parts enterprises.
From the aspect of institutional rating, 5 standards, such as Sany, Xugong machinery, Noli shares, Liugong and China railway industry, have been recommended by the agency recently. Among them, the number of Sany (7), Xugong machinery (3), and no Li shares (3) and other 3 standards gave them the number of "buy" or "increase holding" rating in 3 home and 30 days. Above, the future investment opportunities will be well looked up by the agencies.
