In The First Half Of 2013, The Performance Of Machinery And Equipment Industry Differentiated Significantly.

< p > 2013 in the first half of the year, the mechanical subdivision industry, such as construction machinery, heavy machinery, machine tools and other strong cyclical plate market, was poor, while < a href= "//www.sjfzxm.com/news/" > environmental protection equipment < /a > the field was "thriving" for half a year, the overall increase was over 80% < /p >

In the first half of the year P < 2013, the machinery and equipment industry showed slightly stronger than the market as a whole.

From the performance of machinery and equipment listed companies, nearly 10% of the listed companies in the first quarter of this year fell by 30% over the same period last year. Nearly 33% of the listed companies' revenue declines were in the range of 0% to 30%. Analysts believe that although the overall decline in investment has brought greater constraints to the machinery manufacturing sector, the division of performance will become more obvious within the subdivision sector because of the difference in attributes.

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< p > from the pre disclosure of the China Daily, the 161 listed companies in the current performance are biased towards "positive" metallurgy, mining and chemical engineering, instrumentation, environmental protection equipment, building equipment, local special machinery, electrical automatic control equipment, motor and pmission and pformation equipment.

In the pre disclosure, the performance is biased towards "negative" sub sectors. The main industries are construction machinery, heavy machinery, < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > a target= "_blank" href= "//www.sjfzxm.com/" > clothing < _blank > equipment, machine tools and machinery parts.

From the specific performance forecast situation, nearly 29% listed companies profit fell 30% over the same period, nearly 20% of the profits of listed companies decreased by 0% to 30% year-on-year, the overall performance of the industry is not optimistic.

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< p > < < a href= > //www.sjfzxm.com/news/index_c.asp > machinery manufacturing > /a > the overall performance of the industry lies in the overall macroeconomic situation.

Analysts believe that the 2013 annual fixed asset investment growth will be lower than the level in 2012, the cumulative year-on-year growth rate or around 19% to 20%.

According to historical experience, it is estimated that the growth of fixed assets investment in machinery industry in 2013 will be around 18% to 19%, which will continue to narrow compared with 2012, while the proportion of investment in manufacturing industry will decline to 23% to 25%.

Looking at the specific expression of the previous plate, it is estimated that in the second half of 2013, radical general machinery, radical special machinery or difficult systematic investment opportunities are expected.

It is worth noting that the current local high growth machinery and equipment subdivision industry has a high valuation problem, and we should wait for the stock price to call back to intervene.

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< p > looking ahead, the new driving force of economic development may be determined in the new urbanization strategy, which will also have a greater impact on China's industrial development in the medium and long term, which will be the key point of investment strategy in the second half of the year.

But in any case, the elimination of excess capacity in the radical industry will be inevitable. At present, policy will not be soft.

The future investment opportunities lie in industrial pformation, in which many stocks have been continuously reacted.

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< p > analysts believe that < a href= "//www.sjfzxm.com" > Machinery Industry < /a > the direction of pformation lies in new urbanization, energy structure adjustment, industrial automation and environmental protection.

This will promote the development of 6 industries: Railway (Metro) oil service and equipment, agricultural machinery, industrial automation, and environmental protection and new coal chemical related equipment.

Some principles should be followed when considering future investment direction and investment strategy.

The specific choice of the target should be considered in the following four aspects: first, the market entrant, the limited enterprises with various qualifications; secondly, enterprises with certain technological storage or access to the leading technology through various channels; thirdly, enterprises with sufficient funds, which do not rely solely on financial subsidies to obtain operating capital and obtain positive returns; fourthly, the industrial layout is reasonable and forward-looking.

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< p > besides, there are also notable environmental protection facilities in the fine molecule industry.

Environmental protection equipment in the second half of the year is more optimistic about the solid waste disposal in the field of garbage generation related equipment, as well as desulfurization pformation of the corresponding demand equipment.

In terms of the actual market size of MSW incineration equipment, it is estimated that the market capacity of MSW incineration equipment will be about 61 billion 400 million yuan to 92 billion 100 million yuan during the "12th Five-Year" period.

As far as denitration equipment is concerned, in the next three years, the capacity of thermal power denitration equipment industry will be larger. The total capacity of the new denitrification equipment will be 529 million kilowatts, and the market capacity will be about 68 billion 590 million yuan. The industry's compound growth rate in the next three years is estimated to be around 40%, which is far higher than the growth rate of the fire and electric industry. These will open up a lot of imagination for enterprises with < a href= "//www.sjfzxm.com" > environmental protection equipment < /a >.

Because the sub sectors of machinery and equipment are closely related to urbanization and residents' consumption, the development of these sub sectors is expected to exceed the overall level of the industry.

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