Prediction Of The Status Quo Of China's Rubber Machinery Industry In 2018

- Jul 05, 2019-

Since the bottom of the recovery in 2016, China's rubber machinery industry continued to improve in 2017, sales revenue achieved double-digit growth, export earnings rose significantly, and corporate profitability was significantly enhanced.Industry insiders said that at present, domestic and foreign tire enterprises investment is active, the demand for rubber machinery, especially high precision intelligent rubber machinery is good, it is estimated that China's rubber machinery industry officially entered the upward channel in 2018.

Rubber machinery enterprises sales revenue growth

According to the statistics of rubber machinery professional committee of China chemical equipment association, in 2017, 24 major rubber machinery enterprises in China achieved sales revenue of 7.735 billion yuan, up 11.3% year-on-year.By analogy, the total sales revenue of China's rubber machinery industry is expected to reach 10.65 billion yuan in 2017, up 10.9% year-on-year.This is the first year-on-year increase in industry sales revenue since 2015.

In 2017, the overall operating rate of China's rubber machinery enterprises was high, and the sales revenue of most enterprises increased.According to the statistics of 24 enterprises, sales revenue growth of 15, decline of 8, 1 flat.Ranked by sales revenue, the top 10 is in turn soft holding shares, satchi company, dalian rubber and plastic, double star machinery, fujian sanming, tianjin saixiang, yiyang rubber machinery, guilin rubber machinery, guilin rubber design and wanxiang new yuan.The sales revenue of the top ten was 6.54 billion yuan, accounting for 61.4% of the total sales revenue. The industry concentration increased by 0.7%, showing a constant strong phenomenon.Among them, the enterprises whose sales revenue increases by more than one time are guilin zhonghao chuang, Inner Mongolia foot, hua 'ao tire equipment.

Profitability has improved significantly

Not only sales revenue achieved a significant increase, in 2017, the profit of China's rubber machinery industry also increased significantly compared with last year, industry profitability has been significantly enhanced.

It is understood that 24 rubber machinery enterprises all achieve positive profits, and profit growth enterprises accounted for the majority.In particular, listed rubber machinery enterprises significantly improve profitability.As for soft holdings, the company made a profit of nearly 93 million yuan in 2017, compared with a loss of 770 million yuan in 2016.

Industry analysts believe that profit growth is mainly driven by increased orders, product gross margin improvement.However, it is noteworthy that the price of raw materials has risen sharply, which has squeezed profit margins.

Foreign exchange earnings from exports increased significantly

According to statistics, the export delivery value of China's 24 rubber machinery companies reached 1.836 billion yuan in 2017, up 32.3 percent year-on-year.By analogy, it is estimated that the total export of China's rubber machinery industry will earn us $360 million in 2017, an increase of 20% year-on-year.

According to export delivery value, the top ten are soft holding, tianjin saixiang, guilin rubber machinery, hua 'ao tire equipment, yiyang rubber machinery, Beijing gongye, dalian rubber and plastic, guilin rubber design, fujian sanming and wuxi shuangxiang.Among them, export to earn foreign exchange growth range of enterprises including fujian sanming, hua 'ao tire equipment and match elephant technology.In particular, hua 'ao tire, whose export delivery value accounts for 77% of the total sales, has become an international enterprise with export sales as the main part.

Industry analysts believe that the export of foreign exchange growth mainly from China's tire enterprises in response to the United States "double anti", in the United States, southeast Asia and other places to establish tire factories, the demand for rubber machinery formed a small climax.At present, China's tire enterprises overseas factory enthusiasm continues to ferment, according to preliminary statistics, there are more than 10 tire projects are starting or planning to start.In addition, the international tire market investment stability, the German mainland, bridgestone tire investment projects more, also for China's rubber machinery export good foundation.It is expected that China's rubber machinery exports will continue to improve in 2018, and the degree of internationalization will be further improved.