On April 26, the 11th meeting of the central financial and Economic Commission stressed that we should comprehensively strengthen infrastructure construction and build a modern infrastructure system. At the opening of trading on April 27, the infrastructure sector took the lead, leading all sectors of ah shares. The construction machinery sector fluctuated and pulled up, and Xiamen Construction Engineering Co., Ltd. made a straight-line contact plate. As of the close of the day, Sany Heavy Industry rose 6.91%, Liugong rose 8.23%, and other enterprises in the industry also rose 2% ~ 6%.
In fact, not only the construction machinery sector, on April 27, the A-share Jedi counterattacked, the three indexes rose sharply, and the 100 share limit! The gem index rose by more than 5%, the largest one-day increase since February 2019, and the total market value of a shares increased by 2.17 trillion yuan a day.
Let's look at the 2021 annual report recently released by domestic listed companies in the construction machinery sector, which shows two common characteristics: first, increasing income without increasing profit; Second, the export business lasted for half a day, and the overseas revenue continued to rise.
In 2021, the operating revenue of most listed companies increased steadily and even reached the highest level in history, but the net profit decreased year-on-year. In the context of the downward cycle of the industry, enterprises are facing challenges such as power shortage, rising prices of large raw materials such as steel, insufficient logistics and the spread of the global epidemic. The demand of the industry is weak and the profits are squeezed.
In addition, the large increase in overseas revenue of industrial enterprises in 2021 is also a bright spot. Enterprises have seized the opportunities of overseas markets, greatly expanded overseas markets, continued the high light moment of 2020, and improved the gold content of the overall performance in 2021. The overseas business of caterpillar, the global leader in the construction machinery industry, accounts for about 60%. In contrast, Sany Heavy Industry, the highest domestic enterprise, has reached 23.99%, indicating that domestic enterprises still have broad development space on the global stage.
In addition, we can also see from the annual reports that the sales volume of electric products has made remarkable progress and has become an emerging sector valued by enterprises. This is due to the continuous increase of R & D investment, the comprehensive opening of electrification transformation, and strive to lead the trend of electrification in the industry. Throughout history, we will have such a consensus that the more we are in the downward cycle of the industry, the more we should increase investment in R & D and practice our internal skills, so as to draw a magnificent picture of "the ROC rises with the wind on the same day and soars up to 90000 miles" in the next "spring".
XCMG machinery: the operating revenue was 84.328 billion yuan, a year-on-year increase of 14.01%. The net profit was 5.615 billion yuan, a year-on-year increase of 50.57%.
Sany Heavy Industry: the operating revenue was 106.113 billion yuan, a year-on-year increase of 6.82%. The net profit was 12.033 billion yuan, a year-on-year decrease of 22.04%.
Zoomlion: the operating revenue was 67.131 billion yuan, a year-on-year increase of 3.11%. The net profit was 6.270 billion yuan, a year-on-year decrease of 13.88%.
Liu Gong: the operating revenue was 28.701 billion yuan, a year-on-year increase of 10.48%. The net profit was 995 million yuan, a year-on-year decrease of 30.90%.
Shantui shares: the operating revenue was 9.160 billion yuan, a year-on-year increase of 29.05%. The net profit was 209 million yuan, a year-on-year increase of 107.91%.
China Longgong: the operating revenue was 13.691 billion yuan, a year-on-year increase of 6.29%. The net profit was 1.275 billion yuan, a year-on-year decrease of 34.90%.
Railway construction heavy industry: the operating revenue was 9.517 billion yuan, a year-on-year increase of 25.05%. The net profit was 1.735 billion yuan, a year-on-year increase of 10.74%.
Zhejiang Dingli: the operating revenue was 4.939 billion yuan, a year-on-year increase of 67.05%. The net profit was 884 million yuan, a year-on-year decrease of 33.17%.
Yutong heavy industry: the operating revenue was 3.757 billion yuan, a year-on-year increase of 7.82%. The net profit was 393 million yuan, a year-on-year increase of 33.55%.
Xiamen Construction Engineering Co., Ltd.: the operating revenue was 1.551 billion yuan, a year-on-year decrease of 19.21%. Net profit loss of 114 million yuan, compared with the same period last year from profit to loss.
Anhui Heli: the operating revenue was 15.417 billion yuan, a year-on-year increase of 20.47%. The net profit was 634 million yuan, a year-on-year decrease of 13.40%.
Hangcha group: the operating revenue was 14.49 billion yuan, a year-on-year increase of 26.53%. The net profit was 908 million yuan, a year-on-year increase of 8.42%.
Weichai Power: the operating revenue was 203.55 billion yuan, a year-on-year increase of 3.2%. The net profit was 9.25 billion yuan, a year-on-year increase of 0.3%.
Hengli hydraulic: the operating revenue was 9.309 billion yuan, a year-on-year increase of 18.51%. The net profit was 2.694 billion yuan, a year-on-year increase of 19.51%.
