Benefiting from many favorable factors such as the construction of affordable housing, water conservancy construction, and infrastructure investment this year, various product lines of construction machinery have increased in the first quarter and have seen huge gains. Excavator and concrete machinery have performed particularly well. Recently, many listed companies in the industry announced the first quarterly report, showing that the engineering machinery industry in the first quarter of the 12th Five-Year Plan has achieved satisfactory results. The China Construction Machinery Business Network edits and compiles quarterly reports of various companies for comparative analysis of enterprises and seeks breakthroughs for the development of the second quarter.
Sany Heavy Industry's net profit increased 135% year-on-year
On the evening of April 11th, Sany Heavy Industry (600031.SH), one of the leading companies in the domestic construction machinery industry, issued a pre-launch announcement for the first quarter. It is expected that the company's net profit in the first quarter of 2011 will increase by more than 135% from the same period of last year. Sany Heavy Industry achieved a net profit of 1.107 billion yuan in the first quarter of 2010, with a basic earnings per share of 0.22 yuan. Based on this calculation, Sany Heavy Industry's net profit for the first quarter of 2011 is expected to reach 2.6 billion yuan.
Sany Heavy Industry stated in the announcement that it expects the significant increase in performance to be mainly due to the further enhancement of the market competitiveness of the main products, the expansion of market share, and the expected increase in sales and profit.
On March 17, the annual report disclosed by Sany Heavy Industry showed that in 2010, the performance has achieved substantial growth. Operating income reached RMB 33.955 billion, an increase of 78.94% year-on-year; net profit was RMB 5.135 billion, a substantial increase of 157.83% year-on-year; basic earnings per share were RMB 1.11.
XCMG increased over 100% year-on-year
On April 12, Xugong Machinery announced the announcement of the pre-announcement of the first quarter of 2011. The announcement shows that from January 1, 2011 to March 31, 2011, it is expected to increase 98% to 117% over the same period of last year. The profit amount will be between 1 billion and 1.1 billion yuan, and the basic earnings per share will be 0.4848 yuan. 0.5333 yuan. The pre-increase in performance was mainly due to the strong market demand during the reporting period. XCMG increased its production and sales efforts and seized market opportunities. Therefore, sales revenue increased significantly compared with the same period of last year.
Zoomlion increased 130%-170% year-on-year
Zoomlion recently released a pre-launch report for the first quarter of 2011, saying that due to the increase in market demand during the reporting period, Zoomlion’s main product synergy effect was significant, and sales revenue for January-March increased significantly compared with the same period last year. Zoomlion expects the net profit attributable to the parent company in the first quarter of 2011 to be 1.7 billion to 2 billion yuan, an increase of 130% to 170%.
Currently, Zoomlion has not released sub-item data, but according to the industry data released in the first two months of this year, the demand in the third and fourth tier cities has increased, the cement companies have been strongly expanding to the concrete industry, and the replacement demand has increased. The annual growth in 2011 is expected to exceed 50%. Due to the low base in the first quarter of last year, it is expected that Zoomlion's concrete machinery revenue will exceed 100% in the first quarter; Zoomlion’s marketing efforts and the peak season will expand Zoomlion's sales scale in March, and it is expected to be in the national infrastructure in 2011. Investment remains high, driven by railways and new energy construction, truck cranes maintained a growth rate of around 30%; given the new construction of real estate continued to maintain positive growth, investment in infrastructure remained high, demand in third and fourth-tier cities subsided, and cement manufacturers were strong. The increase in demand for expansion and upgrading will drive the concrete machinery industry to maintain growth of more than 50% this year.
XGMA's product sales increased by 60% in the first quarter
At the Xiamen Construction Machinery Exhibition recently held, the handover ceremony for the construction of the key projects of the motherland's mainland engineering machinery (Xiagong) series of equipment and equipment in Taiwan was held at the Xiagong Hall. In the future, Xiagong’s full range of products will fully “help†the construction of key projects in Taiwan. In 2011, although industry analysts generally believed that the growth rate of construction machinery will slow down, but from the perspective of the country's investment in agriculture, forestry, water conservancy, and infrastructure, the market demand outlook is still more optimistic. President Xia Gong Cai Kuiquan said: “This year In the quarter, XGMA achieved sales growth of more than 60% in sales of loaders, excavators, forklifts, and road machinery.
Chang Lin expects to grow by more than 50%. Changlin shares announced on April 1 that it expects net profit in the first quarter of 2011 to increase by more than 50% year-on-year. The projected growth in performance was mainly due to the increase in investment income and sales. In the same period of last year, Changlin realized a net profit of 64.496 million yuan and a per-share return of 0.13 yuan.
According to the analysis, Changlin has developed into a component supplier for a number of international brands. In addition to providing structural components for Hyundai Motor in large quantities, it also supplies bulk components for Swedish Kalmar Industrial Group, Milacron, and Hitachi, Japan. It also cooperates with top-ranking brand Palfinger in the field of global on-load cranes and fully represents the on-board crane products of the Austrian Parlfig Corporation in China. The company has established more than forty branches or offices in various provinces, municipalities and autonomous regions across the country, and formed a complete national all-around marketing network with more than 120 agents operating Changlin products and more than 90 special service repair centers.
Hebei Xuangong's net profit increased by about 500%. On April 12, Hebei Xuangong announced the announcement of the 2011 first-quarter earnings increase. According to the announcement, from January 1, 2011 to March 31, 2011, the net profit of Xuangong was approximately RMB 3 million to RMB 4 million, representing an increase of approximately 497.85 to 697.13% over the same period of last year.
According to express reports, Xuangong's total operating revenue in 2010 was 7163.364 million yuan, an increase of 23.79% from 2009, and net profit of 197.3737 million yuan, an increase of 51.4% over 2009, and the earnings per share was 0.1002 yuan.
In 2010, the operation of the project was sound and the increase in domestic market demand led to an increase in product revenue and main business profits. At the same time, the sale of part of the equity of Zhonggong International resulted in a better investment income for the company. Therefore, the operating profit and total profit in 2010 were Both net profit and basic earnings per share were more than 50% higher than the previous year, which were 132.74%, 71.27%, 51.4%, and 51.36%, respectively. Since the market demand for domestic construction machinery products has been booming this year, the increase in main business income has increased the profits of the main business. At the same time, due to the enhancement of the product structure optimization, we have fully implemented refined management and in-depth exploration of potential and efficiency, and the economic operation quality has been further improved. It is expected that the growth rate of net profit realized by the project from January to March 2011 will be between 497.85 and 697.13%.
Sany Heavy Industry's net profit increased 135% year-on-year
On the evening of April 11th, Sany Heavy Industry (600031.SH), one of the leading companies in the domestic construction machinery industry, issued a pre-launch announcement for the first quarter. It is expected that the company's net profit in the first quarter of 2011 will increase by more than 135% from the same period of last year. Sany Heavy Industry achieved a net profit of 1.107 billion yuan in the first quarter of 2010, with a basic earnings per share of 0.22 yuan. Based on this calculation, Sany Heavy Industry's net profit for the first quarter of 2011 is expected to reach 2.6 billion yuan.
Sany Heavy Industry stated in the announcement that it expects the significant increase in performance to be mainly due to the further enhancement of the market competitiveness of the main products, the expansion of market share, and the expected increase in sales and profit.
On March 17, the annual report disclosed by Sany Heavy Industry showed that in 2010, the performance has achieved substantial growth. Operating income reached RMB 33.955 billion, an increase of 78.94% year-on-year; net profit was RMB 5.135 billion, a substantial increase of 157.83% year-on-year; basic earnings per share were RMB 1.11.
XCMG increased over 100% year-on-year
On April 12, Xugong Machinery announced the announcement of the pre-announcement of the first quarter of 2011. The announcement shows that from January 1, 2011 to March 31, 2011, it is expected to increase 98% to 117% over the same period of last year. The profit amount will be between 1 billion and 1.1 billion yuan, and the basic earnings per share will be 0.4848 yuan. 0.5333 yuan. The pre-increase in performance was mainly due to the strong market demand during the reporting period. XCMG increased its production and sales efforts and seized market opportunities. Therefore, sales revenue increased significantly compared with the same period of last year.
Zoomlion increased 130%-170% year-on-year
Zoomlion recently released a pre-launch report for the first quarter of 2011, saying that due to the increase in market demand during the reporting period, Zoomlion’s main product synergy effect was significant, and sales revenue for January-March increased significantly compared with the same period last year. Zoomlion expects the net profit attributable to the parent company in the first quarter of 2011 to be 1.7 billion to 2 billion yuan, an increase of 130% to 170%.
Currently, Zoomlion has not released sub-item data, but according to the industry data released in the first two months of this year, the demand in the third and fourth tier cities has increased, the cement companies have been strongly expanding to the concrete industry, and the replacement demand has increased. The annual growth in 2011 is expected to exceed 50%. Due to the low base in the first quarter of last year, it is expected that Zoomlion's concrete machinery revenue will exceed 100% in the first quarter; Zoomlion’s marketing efforts and the peak season will expand Zoomlion's sales scale in March, and it is expected to be in the national infrastructure in 2011. Investment remains high, driven by railways and new energy construction, truck cranes maintained a growth rate of around 30%; given the new construction of real estate continued to maintain positive growth, investment in infrastructure remained high, demand in third and fourth-tier cities subsided, and cement manufacturers were strong. The increase in demand for expansion and upgrading will drive the concrete machinery industry to maintain growth of more than 50% this year.
XGMA's product sales increased by 60% in the first quarter
At the Xiamen Construction Machinery Exhibition recently held, the handover ceremony for the construction of the key projects of the motherland's mainland engineering machinery (Xiagong) series of equipment and equipment in Taiwan was held at the Xiagong Hall. In the future, Xiagong’s full range of products will fully “help†the construction of key projects in Taiwan. In 2011, although industry analysts generally believed that the growth rate of construction machinery will slow down, but from the perspective of the country's investment in agriculture, forestry, water conservancy, and infrastructure, the market demand outlook is still more optimistic. President Xia Gong Cai Kuiquan said: “This year In the quarter, XGMA achieved sales growth of more than 60% in sales of loaders, excavators, forklifts, and road machinery.
Chang Lin expects to grow by more than 50%. Changlin shares announced on April 1 that it expects net profit in the first quarter of 2011 to increase by more than 50% year-on-year. The projected growth in performance was mainly due to the increase in investment income and sales. In the same period of last year, Changlin realized a net profit of 64.496 million yuan and a per-share return of 0.13 yuan.
According to the analysis, Changlin has developed into a component supplier for a number of international brands. In addition to providing structural components for Hyundai Motor in large quantities, it also supplies bulk components for Swedish Kalmar Industrial Group, Milacron, and Hitachi, Japan. It also cooperates with top-ranking brand Palfinger in the field of global on-load cranes and fully represents the on-board crane products of the Austrian Parlfig Corporation in China. The company has established more than forty branches or offices in various provinces, municipalities and autonomous regions across the country, and formed a complete national all-around marketing network with more than 120 agents operating Changlin products and more than 90 special service repair centers.
Hebei Xuangong's net profit increased by about 500%. On April 12, Hebei Xuangong announced the announcement of the 2011 first-quarter earnings increase. According to the announcement, from January 1, 2011 to March 31, 2011, the net profit of Xuangong was approximately RMB 3 million to RMB 4 million, representing an increase of approximately 497.85 to 697.13% over the same period of last year.
According to express reports, Xuangong's total operating revenue in 2010 was 7163.364 million yuan, an increase of 23.79% from 2009, and net profit of 197.3737 million yuan, an increase of 51.4% over 2009, and the earnings per share was 0.1002 yuan.
In 2010, the operation of the project was sound and the increase in domestic market demand led to an increase in product revenue and main business profits. At the same time, the sale of part of the equity of Zhonggong International resulted in a better investment income for the company. Therefore, the operating profit and total profit in 2010 were Both net profit and basic earnings per share were more than 50% higher than the previous year, which were 132.74%, 71.27%, 51.4%, and 51.36%, respectively. Since the market demand for domestic construction machinery products has been booming this year, the increase in main business income has increased the profits of the main business. At the same time, due to the enhancement of the product structure optimization, we have fully implemented refined management and in-depth exploration of potential and efficiency, and the economic operation quality has been further improved. It is expected that the growth rate of net profit realized by the project from January to March 2011 will be between 497.85 and 697.13%.
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