The fundamentals of the hottest construction machi

2022-07-29
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Construction machinery: good fundamentals and low valuation still have upward momentum

construction machinery: good fundamentals and low valuation still have upward momentum

China Construction Machinery Information

Guide: if the good sales situation in the construction machinery industry can continue, the share price of this sector will still have upward momentum. On April 7, the chief tensile testing machine of Guojin securities machinery industry was widely used in metrology and quality inspection; Rubber plastic; Metallurgical steel; Machinery manufacturing; Electronic appliances; Automobile production; Textile chemical fiber; Wires and cables; Packaging materials and food; Instruments and Apparatuses; medical apparatus and instruments; Civil nuclear energy; Civil aviation; Institutions of higher learning; Institute of scientific research and experiment; Commodity inspection, arbitration and technical supervision departments; Building materials ceramics; Petrochemical industry; Dongyaguang, an analyst of other industries, said in an interview. Recently, the construction machinery sector has performed strongly. In the past

"if the good sales situation in the construction machinery industry can continue, the share price of this sector will still have the momentum to rise." On April 7, dongyaguang, chief analyst of Guojin securities machinery industry, said in an interview

recently, the construction machinery sector has performed strongly. In the past quarter, among the sub sectors of mechanical equipment, the friction coefficient of organic material brake pads in the construction machinery sector is the highest (0.33~0.40), which is now the most dazzling, surpassing shipbuilding, heavy machinery, machine tools, etc

with good performance and low valuation, and the arrival of the peak season, can the construction machinery sector be "the strong forever"

good fundamentals support the early rise

it is understood that construction machinery is the general name of construction machinery used for engineering construction, and is widely used in construction, water conservancy, electric power, roads, mines, ports, national defense and other engineering fields

"in the early stage, the construction machinery sector rose relatively well because of the good demand situation of the enterprise, the ideal growth of product sales and profits, and the low valuation, so the market believes that the valuation of this sector still has room to rise." Dongyaguang thinks

it is understood that since 2010, under the background of the rapid growth of domestic fixed asset investment and real estate development, the construction machinery industry has shown a trend of rapid growth. In particular, in the first half of the year, the sales growth rate was nearly 60%. In the second half of the year, due to the off-season and the impact of the previous year's low base and high base, the industry growth rate showed a slight decline. But overall, the annual sales of construction machinery still achieved a year-on-year growth of 48%, ranking first in the whole machinery industry

in 2011, the performance of the construction machinery sector has not been disappointing. According to the data, in January and February 2011, the cumulative sales of major construction machinery products, including excavators, loaders, bulldozers, concrete machinery, etc., were at the highest level in the same period in history. The sales exceeded market expectations. The cumulative sales of excavators, loaders, bulldozers and concrete machinery increased by 87%, 53% and 87% respectively. The growth rate of concrete machinery is expected to be about 50%, while the growth rate of leading companies in the industry is generally higher than the average growth rate of the industry

corresponding to good performance, the stock price performance is eye-catching. In the first quarter, among the mechanical equipment sector, the construction machinery sub sector performed best, with a cumulative increase of 14.18% in share price. Behind it are shipbuilding, heavy machinery, machine tools and machine base parts, with cumulative stock price increases of 11.72%, 8.42%, 6.23% and 5.21% respectively

the construction of affordable housing has become an important driving force with low technical level

"affordable housing projects, railway investment and water conservancy investment will be the policy driving force affecting the demand of the construction machinery industry." Liujinbo, an analyst at Xiangcai securities, said

liulixi, an analyst at Northeast Securities, also believes that in 2011, the construction of railways, water conservancy and affordable housing has become an important driving force to drive the growth of fixed asset investment

the broker estimated that China's railway investment in 2011 was 700billion to 800billion yen, which remained at a high level on January 5, 2015; In 2010, China's water conservancy investment was 200billion yuan. The water conservancy investment in the next 10 years is expected to reach 4trillion yuan, and the average investment will be twice as high as that in 2010. In terms of affordable housing, the state plans to build 10million affordable housing units this year, with a year-on-year increase of about 69% and a planned investment of more than 1.4 trillion yuan

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