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Construction machinery will mark the fourth quarter 2009 "second spring" - China Server Vrm by sfgdf ethbtn





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Construction machinery will mark the fourth quarter 2009 "second spring" - China Server Vrm by
Article Posted: 08/14/2011
Article Views: 58
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Construction machinery will mark the fourth quarter 2009 "second spring" - China Server Vrm


 
Business,Business News,Business Opportunities
Construction Machinery Products Q4 2009 will usher in a "second spring." Except Loader Most foreign construction machinery products in China in September there is a clear chain upward trend, especially Excavator , Truck Crane And bulldozers ring upward trend more evident than in China sales to maintain ultra-roller prosperity, and forklift appeared the phenomenon of the economy gradually recovering. Since the second half of our new home starts continue to rise and the area quite a few railway, highway, major project-based end of the quarter is expected to be 3 to 4 concentration during the quarter started, so we expect most of construction machinery products in Q4 2009, will welcome to the second 2009 sales peak, and the exuberant scene at least until the first half of 2010.

Construction Machinery listed companies in the third quarter profitability and operating conditions close to the best level in history. 3 quarter of 2009, China's construction machinery industry average operating income of listed companies increased by 86.91 percent year on year, not only out of the year 2009, one quarter of decline in the state, and has been at a record high since 2003, pre-zone. All listed companies in the industry average return on net assets and sales gross margin and net profit margin also sold out of the recent lows in early 2009, restoration of historical high profitability. We believe that, due to real estate related industries above the national total investment in fixed assets investment in urban fixed assets, downstream demand for better and for some time Steel Prices have remained relatively stable, and therefore we expect the fourth quarter and 2010, the construction machinery industry, the profitability of listed companies can still maintain a good momentum. Construction Machinery listed companies

major review of financial situation. Sany Heavy Industry : Income, to restore profitability significantly, good asset quality; Zoomlion: revenue growth, profitability, asset quality single-quarter decline slightly; Xugong: asset quality is still in the acceptable range; Liugong : Revenue growth and profitability below the industry average, excellent asset quality; Hill pushed shares: income growth lags behind recovery, good profitability and asset quality; Sunward : Pick-up in revenue growth, profitability and asset quality were decreased.

First half of 2010 the demand for construction machinery products will have better performance. National real estate new construction area of growth to better predict the future for some time as an important downstream machinery fixed-asset investment growth rate of real estate will have better protection. In addition, due to road and rail infrastructure projects generally require large time for half a year before the project approval, we found that in 2009 the railway in the first half of the 18 key projects with only three officially started, there are six projects in September 30, announced the start, the other nine projects are expected to be deferred to the end of the year or early 2010 start. Therefore, we expect Q4 2009, and more behind the 1-2 quarter of 2010, China's demand for construction machinery products will have better performance.

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