The statistical data from China engineering machinery industry association mining machinery branch industry shows that the domestic sales in 2017 have set a new high of nearly 5 years. The statistics of the 25 main manufacturers, total sales, mining machinery products 140303, an increase of 99.5% over the same period, including 8 months' year-on-year increase or close to 100%.
Which year is the sales of excavators strong? In 2017, it was nearly 5 years old.
Which year is the sales of excavators strong? In 2017, it was nearly 5 years old.
In the sales of 140 thousand units, the domestic market sales (excluding Hong Kong, Macao and Taiwan) were about 130 thousand, up 107% from the same period. There are about 10 thousand exports, up 32% over the same period.
In 2017, the sales of excavators also showed a weak season. In the past December, the sales volume in the domestic market (Statistics category does not contain Hong Kong, Macao and Taiwan) was about 13 thousand, an increase of 106.6% compared to the same period last year, and exports grew by 72% over the same period last year.
Analysis report from Fangzheng machinery that causes eye-catching performance of the excavator industry in 2017 mainly from three aspects: one is the replacement of strong demand, in 2017 the theoretical calculation value, replacement demand accounted for nearly 38%, and now the superposition of tighter environmental protection manufacturers trade policies, accelerate the replacement demand, is expected to update the actual replacement demand accounted for more than 50%. Second, the growth of domestic real investment is good. Third, the export market is good, in which the US and other markets in India are growing rapidly. Fangzheng machinery forecast, 2018, and will continue to promote the upgrading of export industry to maintain steady growth of around 10%.
According to Lv Juan, the chief analyst of the company, based on the assumption that the investment is neutral, the sales volume of all kinds of construction machinery in 2018 is maintained steady growth under the promotion and export promotion. The industry is maintaining a high growth rate under the positive circulation, and the investment opportunities are more significant. Among them, the net profit of host plant will keep high growth, and the first contribution of net profit growth will still come from profit elasticity of report repair, then sales elasticity. Moreover, the core component import substitution channel has been opened. Under the dual driving of the internal technological progress and the external supply gap, the dominant national brand will enter the continuous growth space.
Other securities firms are even more optimistic. According to the analysis of Pacific Securities, based on the lower base in January last year, it is estimated that the sales volume of domestic excavators will increase to 200% in January 2018, and the overall growth rate will be over 30% in the first quarter. In addition, the mechanism of anticipation, moderate growth rate, 2018 excavator will keep 15%-20%'s claim that the year 2018 excavator sales between 16-17 million units. If this number is true, the excavator will renew the myth of sales again after the year's 176 thousand sales history in 2011.
