After the impact of the financial crisis, the machine tool industry in the first half of 2010 experienced a “blowout” market. According to the statistics of the China Machine Tool Industry Association, from January to June, the industry's total industrial output value reached 242.42 billion yuan, an increase of 41.4%; the product sales value was 235.87 billion yuan, an increase of 42.0%; the profit was 10.91 billion yuan, an increase of 78.5 year-on-year. %; the profit rate of output value was 5.7%, an increase of 1.3% over the same period of last year (the latter two are data from January to May).

What attracts people's attention is that the profit growth of the industry in the first half of the year was as high as 78.5%, far exceeding the output value. Regarding this, Wu Berlin cautiously believes that the profit growth in the first half of this year is so large that it is related to the substantial increase in sales during the same period, and may also be related to the adjustment during the financial period. It is not sustainable and will fall in the third quarter.

In this regard, Wu Bing, executive vice chairman of the China Machine Tool Industry Association, said that there are three reasons for the unsustainable sharp increase in profits: the price of the first machine tool itself has not risen, and some products have even been sold at a reduced price because of fierce market competition; Secondly, in the first half of this wave of blowouts, the sales structure of the market has a resurgence, which means that the market of low-grade products rebounds strongly, which will obviously reduce the profitability of the industry. Third, the cost of machine tool products is rising, for example, Many raw materials and labor costs are rising. These reasons obviously do not support the increase in profits far exceeding the increase in output value.

Heavy machine tools or will usher in market downturn

In stark contrast to the sharp rise in output value and profit, the heavy machine tool industry, which has been receiving buzz in recent years, has already fallen from the first quarter.

Right now, the days of heavy-duty companies do not seem to be too good. Wu Bing said that several key enterprises in the heavy machine tool industry still have full production tasks. Due to the manufacturing cycle of heavy-duty products, many orders in the previous year or two have not yet been delivered, so the current industry’s output value and sales are still There was no change, but orders for Ming and later years have already been significantly reduced.

For some enterprises that later enter the heavy machine tool industry, especially those enterprises that have only become productive when the market is weak, their technical strength is relatively weak and their brand appeal is not strong enough. The pressure they face can be imagined. .

In response, Wu Bolin stated that this fluctuation in the heavy machine tool market is normal. There are two reasons for the severe market situation. First, the rapid growth of the heavy machine tool market in recent years has led to the release of most heavy-duty products. The life span of heavy-duty products is very long, and many products may be used for more than ten years or even twenty years. Therefore, the market for heavy machine tools cannot always maintain a high level of growth, and development to the present state of affairs should return to normal. Second, a feature of the heavy machine tool industry is that the market demand for heavy products is decreasing, but the manufacturing scale of heavy products is increasing substantially, which also exacerbates the competition in the industry and makes the market situation even less optimistic.

Analysing the future development trend of the heavy machine tool market, Wu Bolin believes that at the same time when the country introduces the economic driving policy, it pays great attention to structural adjustment issues, and some investment and financing are controlled. For example, low grade steel, metallurgy, and small cement projects have been Stopped, this has impacted the heavy machine tool market to a certain extent; In addition, the automotive parts industry with promising development prospects, and some high-tech industries that produce high-precision, ultra-precision products do not belong to the user group of heavy-duty products. Therefore, the next heavy machine tool market may still have a more severe low tide than the normal return status.

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