Machinery industry: filter interference factors are expected to recover locally
Machinery Industry: filter interference factors are expected to recover. The transparent resin has no broken part recovery in the strength test of the windscreen device
China Construction machinery information
Guide: the data in January has warmed up, but due to many interference factors, there are still differences in the understanding of the industry, and we still adhere to the investment main line dominated by domestic demand, Focus on the construction machinery sub industry and advantageous listed companies. Monthly investment strategy of the machinery industry: in early February, we reported that the data of construction machinery...
month has warmed up, but due to many interference factors, there are still differences in the understanding of the industry. We still adhere to the investment main line dominated by domestic demand, and mainly recommend the construction machinery sub industry and advantageous listed companies.
monthly investment strategy of the machinery industry: we are reporting in early February "Comments on the construction machinery industry - local recovery under the expansionary fiscal policy" raised the rating of construction machinery to "recommended", believing that although the era of high growth in China's construction machinery industry may end, under the expansionary fiscal policy, the construction machinery industry in 2009 will be a growth situation in which the former is as low as the damage is severe, and it should be transformed into a high growth situation after the spring, and the profitability will improve quarter by quarter. From the perspective of valuation level, PE, the leading listed company of construction machinery, is between times, and the valuation is low. We believe that the construction machinery industry should still be oversupplied in March, and the key recommended companies are Sany Heavy Industry and XCMG technology
tracking of prosperity and forward-looking indicators of the machinery industry: the inventory index in February rebounded sharply from 33.7 in January to 43.4, indicating that after the "shutdown and de Stocking" of China's manufacturing industry since the second half of last year, the inventory adjustment has basically ended, economic activities have begun to become active, and the manufacturing boom has recovered. The two forward-looking indicators of credit and investment show that domestic demand has partially recovered under the protection of government infrastructure investment
understanding of the sales volume of construction machinery in the month: compared with the cumulative sales volume in the month, the sales volume reached 80% of last year when the export fell by about 60% year-on-year, indicating that the domestic sales have reached about 85% of the same period last year (a historical high). The investment drive to expand domestic demand has been (7) the implementation of the industrial innovation and development service organization training project has achieved initial results. Assuming that the real estate investment can recover in the second half of this year, the construction machinery industry will have a growth situation from low to high in the whole year. Therefore, we still adhere to the prediction that the sales volume of the industry will increase by 10% in 2009
the output of CNC machine tools has rebounded significantly, and trading investment opportunities may come from the detailed planning rules for industrial revitalization
in the first two months of 2009, the output of CNC machine tools reached 8000 and 9000 respectively, with a year-on-year growth rate of -14.3% and 20.9%
in the first two months, the railway fixed asset investment maintained a high growth, and the 40 billion EMU orders fell to CNR. In the first two months, the national railway infrastructure investment exceeded 35.3 billion yuan, a substantial increase of 186% over the same period last year. After CNR won the bid for 100 trains this time, Weiner, a total of CNR on the second-generation multiple units, said: "we believe that the order size on hand is 201 trains, and CNR currently has a slight advantage, but we expect CSR to obtain large orders of similar grades in the third batch of 350 km multiple units.
there is no sign of recovery in the container and ship market
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