On December 20, 2022, the "CMIIC2022 China Construction Machinery Industry Conference and Brand Event" was grandly held in Changsha. Leaders from national ministries and commissions, industry associations, industry experts, corporate elites, industry users, guests, etc. gathered together to share the way of "innovating and breaking the situation" around the new situation, new ideas, and new hotspots of industry development, presenting a high-end A feast of professional thinking.
At the conference, Wu Peiguo, Secretary-General of China Construction Machinery Industry Association, delivered a speech on the theme of "Operation of Construction Machinery Industry in the Past Two Years and Main Tasks of the 14th Five-Year Plan". The following is an excerpt from Secretary-General Wu Peiguo's report:
The operation situation and analysis of the construction machinery industry in the past two years
(1) Main indicators of economic operation
Operating income:
According to the 2021 annual report statistics, the industry as a whole achieved operating income of 906.5 billion yuan, a year-on-year increase of 17%. According to the statistics of key enterprises, there are a total of about 350 annual reports of key enterprises, and their operating income is 573.8 billion yuan, an increase of 18.3% compared with 2020.
From January to October 2022, the operating income of key statistical enterprises has declined. According to the data of 12 key enterprises, operating income has decreased by 16.7% year-on-year.
The total profit:
In 2021, according to the annual report, the total profit of the whole industry was 55.6 billion yuan, a year-on-year decrease of 6.01%. The statistics of 350 key enterprises showed that the total profit was 40.8 billion yuan, a decrease of 7.81% from 2020. From January to October 2022, the total profit decreased by 44% year-on-year.
Product Sales:
The data of twelve categories of products included in the association's statistics are displayed. In 2021, a total of 1,861,172 products were sold, representing a year-on-year ratio of 26.2%, of which 342,784 were excavators, representing a year-on-year ratio of 26.2%.
From January to November 2022, a total of 1,590,995 units were sold, a year-on-year decrease of 8.09%, including 244,477 excavators, a year-on-year decrease of 23.3%.
Total import and export:
According to customs statistics, the total import and export volume in 2021 will be US$37.745 billion, a year-on-year increase of 52.7%, of which the total import value will be US$3.719 billion, a year-on-year decrease of 1.05%. The total export volume was 34.026 billion US dollars, a year-on-year increase of 62.3%, and the trade surplus was 30.3 billion US dollars. In 2021, exports will be at high growth.
From January to October 2022, the total import and export volume was 38.831 billion US dollars, a year-on-year increase of 27.8%. Among them, the total import volume was 2.309 billion US dollars, a year-on-year decrease of 27%. The total export volume was 36.521 billion US dollars, a year-on-year increase of 34.2%, and the trade surplus was 34.212 billion US dollars, a year-on-year increase of 10.165 billion US dollars. Exports continue to show high growth, which is a high growth based on the high growth in 2021.
export product:
According to the data of 12 categories of products included in the statistics of the association.
In 2021, a total of 481,468 units will be exported, a year-on-year increase of 78%. Among them, the top three in terms of growth rate are elevating work platforms, which have increased by 140%, crawler cranes, which have increased by 105%, excavators, which have increased by 97%, and motor graders, which have increased by 93.2%. The top three in total exports in 2021 are 315,763 industrial vehicles, 68,427 excavators, and 43,742 elevating work platforms.
From January to November 2022, a total of 558,415 units were exported, a year-on-year increase of 28.4%. Among them, the top three growth rates were truck-mounted cranes with 90.7%, truck cranes with 68.7%, lifting platforms with 65.1%, and excavators with 64.9%.
By 2021, the stock of major engineering equipment products will be close to 8.30-8.99 million units, a year-on-year increase of 3.44%.
(2) Main features of economic operation from January to November
1. The industry as a whole is still in a downward trend, but it has shown a positive development trend.
China's economy is facing triple pressures, especially since March this year, the conflict between Russia and Ukraine and the frequent occurrence and spread of the domestic new crown pneumonia epidemic. In the second quarter, the internal and external environment changed beyond expectations. downward trend. However, since the third quarter, various economic indicators have shown a positive trend.
From the statistics of the association, it has dropped to single digits, 8.09%. Judging from the changes in the range of growth and decline each month, January-February had a good start, with significant growth; March began to decline significantly, because of the beginning of the Russia-Ukraine conflict; the epidemic in April, especially in Shanghai, began Substantially affected, so the largest decline in April; continued to decline in May. The decline narrowed sharply in June; it continued to narrow in July. In August, the decline increased slightly. In September, the month was basically flat. In October, it has begun to turn positive, with a rate of 1.08%. Therefore, the sales volume in November increased by 2.42% year-on-year, and the cumulative decline from January to November was 8.09%.
In November, excavators increased by 15.8% year-on-year and 15.5% month-on-month, loaders increased by 36.2% year-on-year and 43.8% month-on-month, and others showed monthly growth and month-on-month growth, including graders and bulldozers. This is one of the main operating characteristics.
2. The competitive advantage in the international market continues to improve, becoming an important support for steady growth
From January to October, the cumulative export of complete machines was 23.973 billion US dollars, an increase of 37.3% year-on-year, accounting for 65.6% of total exports, and the export of parts and components was 12.548 billion US dollars, a year-on-year increase of 28.7%, accounting for 34.4% of total exports. The main complete machines with increased export value from January to October include crawler excavator forklifts, non-highway dump trucks, loaders and so on.
From January to October, my country's construction machinery exports to countries along the "Belt and Road" totaled 15.393 billion US dollars, accounting for 42.1% of total exports, an increase of 32.1% year-on-year, and exports to BRICS countries were 5.92 billion US dollars, accounting for 16.2% of total exports. An increase of 55.6%.
From January to October, my country's construction machinery has always maintained a relatively high growth rate, and it is expected to break through the US$40 billion mark this year.
3. The industry's development resilience and ability to resist risks have been further enhanced
According to the statistics of 12 types of enterprises from January to November, accounts receivable decreased by 1.72% year-on-year, and the survival of finished products increased by 6.59%. 16689.16 million yuan. From January to October, the number of employees and employees increased by 3.45% year-on-year.
It can be seen from this indicator that there were a large number of accounts receivable, a large number of external accounts, and a large number of high financial expenses, relying on bank loans. And this data shows that the ability of enterprises to deal with risks, the ability to resist risks, and the resilience of enterprise development are further enhanced.
Among them, the most exciting thing is that after-market work has begun to receive widespread attention. Including complete machine companies have also begun to pay attention to aftermarket work, and the association has also established an aftermarket branch. In October this year, a meeting on related work in the aftermarket was also held, which received everyone's support.
4. The transformation of the industry towards digitization, intelligence and greenization is accelerating, and a batch of internationally advanced and internationally leading engineering equipment has been put on the market
Today, the entire industry is implementing an innovation-driven development strategy, adhering to the "four orientations". Accelerate the pace of independent innovation, continuously increase investment in research and development, strengthen government-industry-university-research facilities, put a batch of internationally advanced and internationally leading engineering equipment on the market, and promote and apply a batch of scientific research achievements and major technical equipment.
All enterprises in the industry continue to promote structural optimization, transformation and upgrading, and accelerate the development towards digitalization, networking, intelligence, and greenization. Phased results have been achieved in basic upgrading and industrial chain modernization. It has formed a development trend in which the market competitiveness of leading enterprises continues to increase, the development level of specialized, specialized, and new SMEs continues to improve, and industrial clusters have their own characteristics and obvious advantages.
On December 1, we successfully realized the scheduled switch to the National IV, which is a very important step for the transformation and upgrading of the industry.
5. From the perspective of high-quality development of the industry, there are still some weak links
5. From the perspective of high-quality development of the industry, there are still some weak links
(1) On the whole, there are problems of unbalanced and insufficient development.
(2) There are still weak links in the basic capabilities of the construction machinery industry, the modernization level of the industrial chain needs to be further improved, and the reliability and durability of some products still need to be continuously improved.
(3) Structural overcapacity in some areas of the industry, especially the excess of local products, insufficient capacity of high-end products, and the fact that core components such as hydraulic pressure, transmission, and control for some high-end products are controlled by others have not been fundamentally resolved;
(4) A certain degree of vicious competition, price wars and other problems appear in some fields, and the order of market competition and the development ecology of the industry are affected;
(5) Aftermarket management is relatively absent, second-hand mobile phone transactions are not standardized, and there are many problems in the healthy development of the leasing industry. In particular, there is no exit mechanism for a large number of old construction machinery mentioned just now. to be played.
