The hottest export and upgrading of product struct

Export and product structure upgrading drive the rapid growth of machinery industry

export and product structure upgrading drive the rapid growth of machinery industry

China Construction machinery information

Guide: by Andre 8226; Andrew Geim and Constantine 8226; Novoselov (kosty grease extreme pressure performance measurement method (4 ball machine method); A Novoselov) the two professors first found that the interim performance was the best in history through experiments. In the first half of 2007, the total sales revenue of Listed Companies in the construction machinery, shipbuilding and machine tool industries, which we focus on tracking, increased by 46%, 48% and 11.7% year-on-year. Due to the increase of gross profit rate and the decline of period cost rate, the net profit rate of these three sub industries has reached nearly six years

the interim performance is the best level in history. In the first half of 2007, the total sales revenue of Listed Companies in the construction machinery, shipbuilding and machine tool industries we focused on tracking increased by 46%, 48% and 11.7% year-on-year. Due to the increase of gross profit margin and the decline of period expense rate, the net profit rate of these three sub industries reached the best level in recent six years, and the contribution of investment income and changes in fair value to net profit was limited

we always believe that the shipbuilding industry is a cyclical industry in a growing period. The shipbuilding industry is a typical case of international industry transfer to China driven by capital scarcity and cost advantage. The trend of global shipbuilding industry transfer to China is unstoppable, and this trend has not yet ended. We maintain the rating of "recommended" in the shipbuilding industry. The performance of the two listed companies China Shipbuilding and Guangzhou shipbuilding international will continue to grow at a high speed. At the same time, the integration of the assets of China Shipbuilding Group will not stop. Maintain the investment rating of "strongly recommended -a" of China Shipbuilding and Guangzhou shipbuilding international

in the context of export-oriented total demand expansion, the income and profits of the construction machinery industry will continue to grow steadily, and some internationally competitive enterprises are rising. We believe that investment in the construction machinery industry should first think clearly about two issues: first, how big is the international market? We are committed to providing customers with safe and reliable overall solutions. Second, how terrible is periodicity?, Thinking clearly about these two issues can eliminate the "cyclical" investment fear. Construction machinery is strongly recommended in the fourth quarter, so the listed companies in the industry are Anhui Heli, Sany Heavy Industry and Zoomlion

the management efficiency and product structure upgrading of the machine tool industry may bring unexpected growth. As the CNC machine tool industry has not really begun to transfer to China, the contribution of exports to China's machine tool industry in the next three years is still very limited. Therefore, the growth of this industry is mainly driven by domestic demand, but the growth prospects are determined. In the third quarter, we tracked two key companies in the machine tool industry. 2007 was the explosive point of the performance growth of Kunming Machine tool, while for Shenyang machine tool, this time point may be next year

focus on small cap stocks with high growth - Tianma shares. Through capital operation, Tianma has completed a series of acquisitions in less than a year, extending its products from general bearings and railway bearings to large precision bearings such as wind power bearings and rolling mill bearings, as well as CNC machine tools. The explosive growth in performance brought by capacity expansion, mergers and acquisitions and product structure upgrading will be concentrated next year

(source: China Merchants Securities)