Analysis On The Development Trend Of Heavy Machinery Industry

- Nov 16, 2017-

According to statistics, this 1-April, the national heavy machinery industry continued to maintain a stable and rapid growth trend. Data indicate that the main economic indicators of the industry are doing well. Industry industrial output value (unchanged price) of 29.485 billion yuan, year-on-year growth of 35.64%, of which new products of 4.907 billion yuan, year-on-year growth of 51.77%. Industry product sales revenue of 28.631 billion yuan, year-on-year growth of 42.28%. The total profit of the heavy machinery industry was 707 million yuan, which grew 100.75%.  Relatively fast growth in terms of profits, heavy machine enterprise losses 31.48%, the year-on-year decrease of 140 million percentage points, loss of 521 million yuan, year-on-year losses 5.7%. From the industry's operating situation to see the problems in the industry are very prominent. First of all, the different manufacturing industries in the industry imbalance, 1-April hoisting machinery manufacturing enterprises accounted for 55% of the total industry, profits accounted for 112%, and metallurgical equipment and mining equipment manufacturing total profits accounted for 10% and 0.44%, respectively. Secondly, the enterprises with good economic benefits in the industry are few, and most enterprises are not ideal.