The sales volume of excavator products is high, engineering machinery sector is showing up, and 3 blue chip stocks are worth increasing.
Recently, the latest data from the mining machinery branch of China Engineering Machinery Industry Association showed that in April 2018, the mainframe manufacturing enterprises that were included in statistics sold 26561 units of all kinds of mining machinery products, up 84.5%, of which 25034 in the domestic market, 83.2% in the same period, 1518 in export sales, up 109.7% from the same period. From January to April this year, a total of 86622 units of various types of excavators were sold, with a year-on-year increase of 57.9%; of which 80947 were sold in the domestic market, 55.3% in the same period, 5649 in export sales, and 106.3% from the same period.
Industry insiders said that in April this year, the single month excavator sold the new high (second only to the same period of the same period in 2011), and the export data doubled again, which showed that the recovery of the engineering machinery industry was continuing. On the domestic side, the demand for the construction machinery and equipment, represented by excavators, is expected to be promoted again under the effect of the comprehensive production of the downstream real estate and Luqiao projects, as well as the policy guidance of stimulating domestic demand, and the new infrastructure construction projects have been started. Overseas, the global engineering machinery industry has a strong recovery. Strength, the domestic leading companies have been ahead of the layout, the sales network and market exploration is becoming more and more perfect, superimposed on the "one road" policy driven, is expected to continue to benefit from the trillions of yuan market along the countries along the line, to continue to increase the growth of enterprises to bring energy.
From the recent market performance, the construction machinery plate has a good trend in the month, among them, the cumulative increase of the Nong Li shares (14.68%) and the construction machinery (11.58%) is the most significant, all up to 10%, and 5 stocks, such as Xugong machinery (7.67%), Hangzhou fork group (7.29%), Liugong (6.18%), Tianye Federation (6.06%), Tianqiao lifting weight (5.10%), etc. During the period, the cumulative increase was more than 5%. In addition, 12 stocks, including flangtak (4.73%), Anhui joint force (3.43%), tbun shares (3.28%), mountain and mountain shares (2.98%), and mountain and river intelligence (2.88%), were also up to varying degrees. On the whole, the total number of stocks rose by 19 in the month, accounting for more than 90%.
The performance of the industry related listed companies is equally satisfactory. According to the data statistics, the Securities Daily Market Research Center found that from the 2018 quarterly report data, 18 of the 21 listed companies in the construction machinery listed company reported net profit growth in the period of the report period, accounting for more than 80%. In particular, East China's heavy machine (2331.13%) first quarter net profit increased more than 20 times over the same period, drawing top in the plate, ZOOMLION (345.51%), Taiyuan heavy industry (173.68%), Xugong machinery (157.39%), mountain push shares (149.71%), CITIC Heavy Industry (146.68%), Liugong (143.38%), and Sany (101.18%), and other 7 companies reporting period Net profits have also doubled over the same period. China newspaper performance forecast, the East China heavy machine, mountain and river intelligence, the Tianye General Union, the bridge lifting and other 4 companies this year, net profit growth trend is expected to continue, the performance growth is particularly prominent.
According to the valuation, in the 18 first quarter performance growth shares, the latest dynamic price earnings ratio of the 7 stocks of Anhui, China Railway, Hangzhou fork, ZOOMLION, Liugong, Xugong machinery and Sany are all lower than the overall valuation level of the plate. Among them, 3 stocks, such as the Anhui joint force, the central railway industry and the hang fork group, are the most important. The new dynamic P / E ratio is below 20 times.
For the future investment strategy of the construction machinery plate, Shanghai Securities pointed out that the new construction area of domestic housing and the growth rate of capital construction investment in the first quarter of 2018 were in an ideal state, the overall macro-economy remained resilient, and the expectation of the future market to the macro economic terminal demand was expected to bring the valuation of the construction machinery plate. In the two quarter of 2018, it is still a better stage to configure the engineering machinery plate in the two quarter of 2018.
In the past 30 days, Sany (25), Xugong machinery (12), Liugong (9), and Noni shares (5) were awarded the recommended ratings of "buy" or "increase holding" by 5 and more agencies, and the investment opportunities in the aftermarket were favored by the institutions.
