Although the semi-annual report of the Shenyang Machine Tool as an industry leader you want to be known by the end of August, but the company has issued a notice said the company realized main business income of 3.7 billion yuan in the first half, down 23% year-on-year, which CNC machine tool products revenue of 2.2 billion yuan, down 26.37 percent, of ordinary machine product revenue of 1.5 billion yuan, a year-on-year decline of 17.4%.
The notice said that the company's revenue dropped significantly mainly due to the downturn in the industry boom, downstream manufacturing enterprises decreased demand for machine tools, industry promotion especially in high-end CNC machine tools. Expected macroeconomic environment improves in the second half of the year, the company's revenue will go up again.
Kunming Machine Tool, also belong to the Shenyang Machine Tool Group listed companies is expected in the first half of this year, net profit fell 90% (same period last year, net profit of 42.7719 million yuan). The company said the performance decline mainly due to the shrinking of the market during the period, reduced orders and the products increased competition, the cost of labor, materials rise.
122 key metal cutting machine tool enterprises from January to June, sales fell, prepared according to the latest information on the China Machine Tool Industry Association of the machine tool industry is part of the key enterprises in the monthly report compilation (2012 to June) statistics show that: 16.6%, gross profit fell 48.2%.
In fact, as early as before the release of the data, the Machine Tool Association had organized industry backbone enterprises of the economic situation in the forum, participants generally agreed that the current situation is very grim economic operation of the machine tool industry enterprises, common economic indicators such as orders, revenue, profits and taxes decline, more in the range of between 20% to 30%, the stock has increased substantially.
And enterprises believe that the current economic development trends, this downturn is far less than the bottom. From the recent recovery in the next two years is unlikely. Therefore, participants general lack of confidence in performance for the next one to two years of economic operation situation.
In fact, industry weak trends in the first quarter of this year, has been seen, but brief pick up in March, gave the industry a trace of illusion, but the reality is indeed development indicators of the industry does not steadily upward, but the U-turn to the callback.
According to the latest data released by the National Bureau of Statistics, in the first half of gross domestic product (GDP) growth of 7.8% year-on-year. Which growth of 8.1% in the first quarter, the second quarter growth of 7.6% quarter for the past three years, China's economic growth fell to less than 8% for the first time. July the official manufacturing purchasing managers index was 50.1, which was close to the critical value.
Expert analysis, some users of the machine tool industry industry, such as: agricultural machinery, internal combustion engine, petrochemical and other industries to complete the amount of fixed asset investment in equipment than the same period last year, declined. The major user industries shrinking investment is bound to affect the market demand of the machine tool industry.