Construction Machinery Dismal First Half Performance
Weekly Performance Review . Judging from the composite index .
Chengdu (I-Newswire) September 2, 2013 - Weekly Performance Review . Judging from the composite index . The Shanghai Composite Index rose 1.93 percent this week , last week -0.53 % decline relative , rose 463.67 percent , the CSI 300 index from negative to positive from last week , down 0.75% from last week to this week, up 1.37% ; from Shen Wan an industry index view . Transportation rose 9.65% this week , according to industry rose first, followed by non-ferrous metals , commercial trade and tourism industry , rose more than 3%, SW machinery and equipment this week, or 0.93% , lower than the CSI 300 Index rose 1.37 percent . SWS machinery from two sub-sectors , this week, rose to 6.47 percent metal products , machinery and equipment is the only CSI 300 Index outperformed the sub-sector , followed by general machinery, equipment and instrumentation , or were 1.13% , 1.01% , 0.35% . From the SW three industry perspective . Heavy Machinery week up 7.22% from last week's industry rose ( rose 1.38% last week ) rose to No. 20 industry rose first , followed by textile and apparel , rose 2.59 percent . Environmental protection equipment drop top this week ( week down 3.03 percent ) . Machinery and equipment companies from the SW stock performance perspective . This week GEM companies Luoka ( 300,099 ) and Chang Hong Technology ( 300151 ) rose 28.72% and 23.70% , or machinery and equipment ranks first two , Zhongyuan Special Steel week up 19.22 percent , ranking third ; while Week largest decline in three companies were Zhiyun shares Hailu Heavy Industry and Jinlong Electrical , weekly decline was -7.26 % , -8.59 % and -12.37 % .
This week the world's major economic data review . U.S. Department of Commerce on August 29 released data showed the U.S. economic expansion in the second quarter, better than the initial horizontal velocity , as exports and business investment was revised , that the U.S. economy into a more robust momentum in the second half of 2013 . Specific data showed U.S. second-quarter annualized real GDP growth revised MoM 2.5% expected an increase of 2.2 %, the initial increase of 1.7 % in the first quarter, an increase of 1.1% ; German Federal Statistical Office on August 29 released preliminary data show , Germany in August compared with July CPI growth slowed , and below market expectations. Specific data show that Germany August CPI MoM initial flat, is expected to rise 0.1% in July increased by 0.5% ; an increase of 1.5% , is expected to rise 1.7% in July rose 1.9%. METI August 29 released data show that Japan 7 seasonally adjusted retail sales were down 1.8% , the former value decreased by 0.2 % in July retail sales fell 0.3% , the former value increased by 1.6%. Data show that consumer spending is not optimistic. Company Announcements key markets . ( 1 ) XCMG operating income decreased by 23.7% , net profit decreased 46.49% ; ( 2 ) Zoomlion revenue decreased 30.75% , net profit decreased 48.31% , while the company's senior vice president of publication resignation announcement ; ( 3 ) Liu workers in the first half operating income decreased 10.23% , net profit decreased 15.77% year on year . ( 4 ) issued on the robot and Shanghai Jinqiao ( Group ) Co., Ltd. signed a strategic cooperation framework agreement.
Industry and company announcements . Industry News: ( 1 ) Construction Crane : half of the domestic sales decreased export growth ; ( 2 ) Jincheng equipment manufacturing industry grew 39.13 percent , into a new bright spot in industry ; ( 3 ) accelerate the reform of railway investment horn sounded , railway construction opinions issued ; ( 4 ) Zoomlion being investigated agricultural areas , mature companies may be acquired ; ( 5 ) of the text wave : construction machinery industry is the sun never sets , optimistic about future growth. Company News : ( 1 ) XCMG interim net profit fell 46% , emerging products sales increase ; ( 2 ) Trinity International half net profit of 300 million , noting that has passed the "winter" ; ( 3 ) the overall development of Revo excavator force , among the top three domestic brand sales ; ( 4 ) in the United first-half profit more than 29 million net cash flow up by 97.47% .
Industry investment strategy . Basic end of the first half performance disclosure , disclosure of listed companies from the performance point of view , the whole construction machinery industry in both revenue and net profit has been a significant decline , but in the second quarter operating results point of view, to further reduce the amplitude narrowed , and the company 's operating performance changes have emerged ( such as net cash flow in conjunction to achieve significant gains year on year ) , construction machinery industry sector last week, the first decline this week, or sixth , outperforming the broader market, taking into account the second half of the domestic outside the macroeconomic situation continued to improve , we continue to give the industry a "neutral " rating.
About Top industry(Chengdu) Co.,Ltd
We are professional plastic machinery and woodworking machinery manufacturer in China. Our company p More..assed ISO9001:2008 Certification. We understand clearly that customers not only order the complete machinery, but also needs the good after-sales services. We sincerely welcome all clients to contact us for details.Less..
Top industry(Chengdu) Co.,Ltd
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Published On:September 2, 2013
Print Release:Print Release
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